FirstService (FSV) Gross Margin (2014 - 2026)
FirstService (FSV) reported Gross Margin of 33.17% for the quarter ended Jun 30, 2026, down 0.77 percentage points from 33.93% a year earlier but up 0.47 percentage points from the prior quarter.
FirstService (FSV) Gross Margin (2014 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, FirstService's Gross Margin came in at 33.37%, up 0.15 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 33.58%, up 0.65 percentage points from the prior year.
- Gross Margin has increased for three consecutive years, with a five-year change of +1.10 percentage points (years ended Dec 2020 to Dec 2025).
- By year, Gross Margin came in at 32.93% in the year ended Dec 31, 2024 (+0.92 pp), 32.01% in the year ended Dec 31, 2023 (+0.51 pp), 31.50% in the year ended Dec 31, 2022 (-0.70 pp) and 32.20% in the year ended Dec 31, 2021 (-0.28 pp).
- Five-year quarterly Gross Margin spans a low of 31.00% in the quarter ended Mar 31, 2022 and a high of 67.25% in the quarter ended Dec 31, 2021.
- Year over year, Gross Margin gained in six of the last eight quarters, with an average year-over-year change of +0.49 percentage points.
- The high point for year-over-year Gross Margin in five years was the quarter ended Dec 31, 2021 (a gain of 35.41 percentage points); the low point was the quarter ended Dec 31, 2022 (a drop of 34.93 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 32.70% (quarter ended Mar 31, 2026), 33.92% (quarter ended Dec 31, 2025) and 33.65% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 146.43 Bn | 105.71 Bn | 6.13 Bn | 32.77% |
| 2 | Cintas | 86.79 Bn | 85.87 Bn | 1.55 Bn | 51.54% |
| 3 | Iron Mountain | 33.63 Bn | 32.82 Bn | 1.07 Bn | 52.76% |
| 4 | APi | 17.31 Bn | 14.35 Bn | 703.00 Mn | 31.19% |
| 5 | Rollins | 16.03 Bn | 15.57 Bn | 569.95 Mn | 52.84% |
| 6 | UL Solutions | 14.80 Bn | 13.55 Bn | 417.00 Mn | 51.10% |
| 7 | Aramark | 14.78 Bn | 12.73 Bn | 430.34 Mn | 8.51% |
| 8 | Gartner | 14.60 Bn | 8.29 Bn | 1.19 Bn | 70.95% |
| 9 | Rentokil Initial | 10.70 Bn | 4.21 Bn | - | - |
| 10 | FirstService | 6.30 Bn | 5.56 Bn | 480.66 Mn | 33.17% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.17% |
| Mar 31, 2026 | 32.70% |
| Dec 31, 2025 | 33.92% |
| Sep 30, 2025 | 33.65% |
| Jun 30, 2025 | 33.93% |
| Mar 31, 2025 | 32.73% |
| Dec 31, 2024 | 33.25% |
| Sep 30, 2024 | 32.91% |
| Jun 30, 2024 | 33.53% |
| Mar 31, 2024 | 31.90% |
| Dec 31, 2023 | 31.81% |
| Sep 30, 2023 | 32.28% |
| Jun 30, 2023 | 32.64% |
| Mar 31, 2023 | 31.24% |
| Dec 31, 2022 | 32.33% |
| Sep 30, 2022 | 31.17% |
| Jun 30, 2022 | 31.40% |
| Mar 31, 2022 | 31.00% |
| Dec 31, 2021 | 32.55% |
| Sep 30, 2021 | 31.80% |
FirstService Gross 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=gross-margin&ticker=FSV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-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=gross-margin&ticker=FSV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();