FirstService (FSV) Invested Capital (2014 - 2026)
FirstService (FSV) recorded Invested Capital of $2.47 billion in the quarter ended Jun 30, 2026, down 1.0% from $2.49 billion a year earlier and down 0.7% from the prior quarter.
FirstService (FSV) Invested Capital (2014 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, FirstService reported Invested Capital of $2.46 billion, down 1.1% from the prior year.
- Annual Invested Capital has a five-year compound annual growth rate of 14.5% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Invested Capital came in at $2.49 billion in the year ended Dec 31, 2024 (+12.7%), $2.21 billion in the year ended Dec 31, 2023 (+34.4%), $1.64 billion in the year ended Dec 31, 2022 (+8.7%) and $1.51 billion in the year ended Dec 31, 2021 (+20.8%).
- Quarterly Invested Capital has ranged from $1.33 billion in the quarter ended Sep 30, 2021 to $2.54 billion in the quarter ended Sep 30, 2025 over the past five years.
- On a year-over-year basis, Invested Capital has declined for three consecutive quarters, with growth averaging 7.7% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 35.1% in the quarter ended Sep 30, 2024, against a decline of 1.2% in the quarter ended Mar 31, 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.48 billion (quarter ended Mar 31, 2026), $2.46 billion (quarter ended Dec 31, 2025) and $2.54 billion (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 150.73 Bn | 110.01 Bn | 6.13 Bn | 38.16 Bn |
| 2 | Cintas | 89.01 Bn | 88.10 Bn | 1.55 Bn | 7.63 Bn |
| 3 | Iron Mountain | 32.59 Bn | 31.78 Bn | 1.07 Bn | 16.07 Bn |
| 4 | APi | 16.94 Bn | 13.98 Bn | 703.00 Mn | 7.04 Bn |
| 5 | Rollins | 16.79 Bn | 16.34 Bn | 569.95 Mn | 2.13 Bn |
| 6 | Gartner | 14.96 Bn | 8.65 Bn | 1.19 Bn | 2.81 Bn |
| 7 | UL Solutions | 14.96 Bn | 13.71 Bn | 417.00 Mn | 1.92 Bn |
| 8 | Aramark | 14.15 Bn | 12.09 Bn | 430.34 Mn | 9.52 Bn |
| 9 | Rentokil Initial | 11.50 Bn | 5.01 Bn | - | - |
| 10 | FirstService | 6.58 Bn | 5.84 Bn | 480.66 Mn | 2.47 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.47 Bn |
| Mar 31, 2026 | 47.04 Bn |
| Dec 31, 2025 | 2.46 Bn |
| Sep 30, 2025 | 2.54 Bn |
| Jun 30, 2025 | 2.49 Bn |
| Mar 31, 2025 | 46.75 Bn |
| Dec 31, 2024 | 2.49 Bn |
| Sep 30, 2024 | 46.40 Bn |
| Jun 30, 2024 | 46.34 Bn |
| Mar 31, 2024 | 46.22 Bn |
| Dec 31, 2023 | 2.21 Bn |
| Sep 30, 2023 | 45.42 Bn |
| Jun 30, 2023 | 45.41 Bn |
| Mar 31, 2023 | 45.39 Bn |
| Dec 31, 2022 | 1.64 Bn |
| Sep 30, 2022 | 1.59 Bn |
| Jun 30, 2022 | 44.85 Bn |
| Mar 31, 2022 | 44.87 Bn |
| Dec 31, 2021 | 1.45 Bn |
| Sep 30, 2021 | 1.33 Bn |
FirstService Invested Capital 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=invested-capital&ticker=FSV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=FSV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();