FirstService (FSV) FCF Margin (2014 - 2026)
FirstService (FSV) recorded FCF Margin of 11.11% in the quarter ended Jun 30, 2026, down 2.75 percentage points from 13.86% a year earlier but up 2.25 percentage points from the prior quarter.
FirstService (FSV) FCF Margin (2014 - 2026) Analysis & Trends
On a TTM basis, FirstService's FCF Margin came in at 10.44% as of Jun 30, 2026, up 1.43 percentage points year-over-year; for the year ended Dec 31, 2025, it was 10.43%, up 2.80 percentage points from the prior year.
- Annual FCF Margin has a five-year change of +1.33 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, FCF Margin came in at 7.64% in the year ended Dec 31, 2024 (-0.97 pp), 8.61% in the year ended Dec 31, 2023 (+3.71 pp), 4.90% in the year ended Dec 31, 2022 (-2.04 pp) and 6.94% in the year ended Dec 31, 2021 (-2.16 pp).
- Quarterly FCF Margin has ranged from 0.80% in the quarter ended Sep 30, 2022 to 13.86% in the quarter ended Jun 30, 2025 over the past five years.
- On a year-over-year basis, FCF Margin rose in five of the last eight quarters, with an average year-over-year change of +0.71 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 8.82 percentage points in the quarter ended Sep 30, 2023, against a drop of 14.86 percentage points in the quarter ended Dec 31, 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 8.86% (quarter ended Mar 31, 2026), 10.60% (quarter ended Dec 31, 2025) and 11.05% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 116.45 Bn | 76.86 Bn | 6.13 Bn | 19.23% |
| 2 | Cintas | 80.26 Bn | 79.45 Bn | 1.48 Bn | 21.10% |
| 3 | Iron Mountain | 33.05 Bn | 32.57 Bn | 1.07 Bn | -1.92% |
| 4 | APi | 16.57 Bn | 13.61 Bn | 703.00 Mn | 2.31% |
| 5 | Rollins | 14.72 Bn | 14.26 Bn | 569.95 Mn | 15.40% |
| 6 | Aramark | 14.30 Bn | 12.32 Bn | 430.34 Mn | 0.10% |
| 7 | UL Solutions | 13.09 Bn | 11.87 Bn | 417.00 Mn | 11.15% |
| 8 | Gartner | 11.73 Bn | 5.42 Bn | 1.19 Bn | 22.58% |
| 9 | Rentokil Initial | 10.36 Bn | 3.71 Bn | - | - |
| 10 | FirstService | 5.90 Bn | 5.67 Bn | 480.66 Mn | 11.11% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.11% |
| Mar 31, 2026 | 8.86% |
| Dec 31, 2025 | 10.60% |
| Sep 30, 2025 | 11.05% |
| Jun 30, 2025 | 13.86% |
| Mar 31, 2025 | 5.66% |
| Dec 31, 2024 | 8.69% |
| Sep 30, 2024 | 7.42% |
| Jun 30, 2024 | 12.34% |
| Mar 31, 2024 | 1.40% |
| Dec 31, 2023 | 12.56% |
| Sep 30, 2023 | 9.62% |
| Jun 30, 2023 | 9.73% |
| Mar 31, 2023 | 2.08% |
| Dec 31, 2022 | 7.47% |
| Sep 30, 2022 | 0.80% |
| Jun 30, 2022 | 8.77% |
| Mar 31, 2022 | 2.17% |
| Dec 31, 2021 | 2.71% |
| Sep 30, 2021 | 4.92% |
FirstService FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=FSV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "FSV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=FSV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();