FirstService (FSV) Net Margin (2014 - 2026)
FirstService (FSV) posted Net Margin of 2.46% for the quarter ended Jun 30, 2026, down 0.38 percentage points from 2.84% a year earlier but up 0.97 percentage points from the prior quarter.
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Analysis
FirstService (FSV) Net Margin (2014 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, FirstService's Net Margin came in at 2.64%, up 0.06 percentage points from the prior year.
- Annual Net Margin shows a five-year change of -0.51 percentage points (years ended Dec 2020 to Dec 2025).
- In prior years, FirstService's Net Margin was 2.58% in the year ended Dec 31, 2024 (+0.26 pp), 2.32% in the year ended Dec 31, 2023 (-0.92 pp), 3.23% in the year ended Dec 31, 2022 (-0.93 pp) and 4.16% in the year ended Dec 31, 2021 (+1.01 pp).
- Quarterly Net Margin has run from a low of -0.68% in the quarter ended Dec 31, 2023 to a high of 4.70% in the quarter ended Sep 30, 2021 over five years.
- On a year-over-year basis, Net Margin increased in five of the last eight quarters, with an average year-over-year change of +0.77 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was the quarter ended Mar 31, 2026, with a gain of 2.07 percentage points; the weakest was the quarter ended Dec 31, 2023, with a drop of 4.17 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 1.49% (quarter ended Mar 31, 2026), 2.32% (quarter ended Dec 31, 2025) and 3.46% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 116.45 Bn | 76.86 Bn | 6.13 Bn | 12.50% |
| 2 | Cintas | 80.26 Bn | 79.45 Bn | 1.48 Bn | 17.59% |
| 3 | Iron Mountain | 33.05 Bn | 32.57 Bn | 1.07 Bn | 5.00% |
| 4 | APi | 16.57 Bn | 13.61 Bn | 703.00 Mn | 3.95% |
| 5 | Rollins | 14.72 Bn | 14.26 Bn | 569.95 Mn | 13.34% |
| 6 | Aramark | 14.30 Bn | 12.32 Bn | 430.34 Mn | 1.93% |
| 7 | UL Solutions | 13.09 Bn | 11.87 Bn | 417.00 Mn | 30.15% |
| 8 | Gartner | 11.73 Bn | 5.42 Bn | 1.19 Bn | 16.44% |
| 9 | Rentokil Initial | 10.36 Bn | 3.71 Bn | - | - |
| 10 | FirstService | 5.90 Bn | 5.67 Bn | 480.66 Mn | 2.46% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.46% |
| Mar 31, 2026 | 1.49% |
| Dec 31, 2025 | 2.32% |
| Sep 30, 2025 | 3.46% |
| Jun 30, 2025 | 2.84% |
| Mar 31, 2025 | -0.58% |
| Dec 31, 2024 | 1.35% |
| Sep 30, 2024 | 3.66% |
| Jun 30, 2024 | 2.15% |
| Mar 31, 2024 | -0.06% |
| Dec 31, 2023 | -0.68% |
| Sep 30, 2023 | 2.13% |
| Jun 30, 2023 | 3.52% |
| Mar 31, 2023 | 1.18% |
| Dec 31, 2022 | 3.49% |
| Sep 30, 2022 | 3.11% |
| Jun 30, 2022 | 3.34% |
| Mar 31, 2022 | 1.19% |
| Dec 31, 2021 | 1.54% |
| Sep 30, 2021 | 4.70% |
API Access
FirstService Net 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=net-margin&ticker=FSV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=FSV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();