FirstService (FSV) Free Cash Flow (2014 - 2026)
FirstService (FSV) posted Free Cash Flow of $160.98 million for the quarter ended Jun 30, 2026, down 18.0% from $196.21 million a year earlier but up 38.0% from the prior quarter.
FirstService (FSV) Free Cash Flow (2014 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Free Cash Flow at FirstService was $584.26 million, up 19.4% year-over-year; for the year ended Dec 31, 2025, it was $573.65 million, up 44.0% from the prior year.
- Annual Free Cash Flow has increased for three consecutive years, with a five-year compound annual growth rate of 17.8% (years ended Dec 2020 to Dec 2025).
- In prior years, FirstService's Free Cash Flow was $398.47 million in the year ended Dec 31, 2024 (+6.8%), $373.09 million in the year ended Dec 31, 2023 (+103.3%), $183.5 million in the year ended Dec 31, 2022 (-18.6%) and $225.47 million in the year ended Dec 31, 2021 (-10.7%).
- Quarterly Free Cash Flow has run from a low of $7.65 million in the quarter ended Sep 30, 2022 to a high of $196.21 million in the quarter ended Jun 30, 2025 over five years.
- On a year-over-year basis, Free Cash Flow increased in five of the last eight quarters, with growth averaging 58.5%.
- The strongest year-over-year quarter for Free Cash Flow in the past five years was the quarter ended Mar 31, 2025, with growth of 336.6%; the weakest was the quarter ended Sep 30, 2022, with a decline of 81.7%.
- According to Business Quant data, Free Cash Flow for the three prior quarters was $116.66 million (quarter ended Mar 31, 2026), $146.6 million (quarter ended Dec 31, 2025) and $160.03 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 147.80 Bn | 107.08 Bn | 6.13 Bn | 3.60 Bn |
| 2 | Cintas | 88.17 Bn | 87.25 Bn | 1.55 Bn | 464.80 Mn |
| 3 | Iron Mountain | 34.25 Bn | 33.44 Bn | 1.07 Bn | -38.93 Mn |
| 4 | APi | 17.39 Bn | 14.43 Bn | 703.00 Mn | 52.00 Mn |
| 5 | Rollins | 16.15 Bn | 15.70 Bn | 569.95 Mn | 166.08 Mn |
| 6 | UL Solutions | 14.99 Bn | 13.75 Bn | 417.00 Mn | 91.00 Mn |
| 7 | Aramark | 14.70 Bn | 12.64 Bn | 430.34 Mn | 4.82 Mn |
| 8 | Gartner | 14.61 Bn | 8.30 Bn | 1.19 Bn | 378.37 Mn |
| 9 | Rentokil Initial | 10.62 Bn | 4.14 Bn | - | - |
| 10 | FirstService | 6.23 Bn | 5.49 Bn | 480.66 Mn | 160.98 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 160.98 Mn |
| Mar 31, 2026 | 116.66 Mn |
| Dec 31, 2025 | 146.60 Mn |
| Sep 30, 2025 | 160.03 Mn |
| Jun 30, 2025 | 196.21 Mn |
| Mar 31, 2025 | 70.81 Mn |
| Dec 31, 2024 | 118.64 Mn |
| Sep 30, 2024 | 103.57 Mn |
| Jun 30, 2024 | 160.05 Mn |
| Mar 31, 2024 | 16.22 Mn |
| Dec 31, 2023 | 135.51 Mn |
| Sep 30, 2023 | 107.43 Mn |
| Jun 30, 2023 | 108.98 Mn |
| Mar 31, 2023 | 21.18 Mn |
| Dec 31, 2022 | 76.17 Mn |
| Sep 30, 2022 | 7.65 Mn |
| Jun 30, 2022 | 81.59 Mn |
| Mar 31, 2022 | 18.08 Mn |
| Dec 31, 2021 | 47.86 Mn |
| Sep 30, 2021 | 41.79 Mn |
FirstService Free Cash Flow 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=free-cash-flow&ticker=FSV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=FSV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();