FirstService (FSV) Operating Leases (2019 - 2026)
FirstService's (FSV) quarterly Operating Leases came in at $249.0 million in Q2 2026, little changed on a YoY basis from $249.5 million in Q2 2025, and down 0.93% quarter-over-quarter from $251.3 million in Q1 2026.
Analysis
FirstService (FSV) Operating Leases (2019 - 2026) Analysis & Trends
FirstService (FSV) has reported Operating Leases for 8 consecutive years, with $249.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Leases changed 0.23% year-over-year to $249.0 million; the trailing twelve-month figure through Jun 2026 stood at $249.0 million (changed 0.23% YoY), and the FY2025 full-year result was $242.6 million, up 13.14% from the prior year.
- Operating Leases fell to $249.0 million in Q2 2026 per FSV's latest filing, from $251.3 million in the prior quarter.
- Across five years, Operating Leases topped out at $251.3 million in Q1 2026 and bottomed at $124.4 million in Q1 2022.
- Historically, Operating Leases has averaged $196.9 million across 5 years, with a median of $189.3 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Operating Leases slipped 3.29% in 2022, then jumped 40.03% in 2023.
- Over 5 years, Operating Leases stood at $168.6 million in 2022, then advanced by 9.12% to $183.9 million in 2023, then advanced by 16.58% to $214.4 million in 2024, then advanced by 13.14% to $242.6 million in 2025, then increased by 2.62% to $249.0 million in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $249.0 million, $251.3 million, and $242.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cintas | 80.04 Bn | 79.76 Bn | 1.48 Bn |
| 2 | Iron Mountain | 34.33 Bn | 34.13 Bn | 1.07 Bn |
| 3 | Rollins | 16.59 Bn | 16.48 Bn | 569.95 Mn |
| 4 | APi | 16.40 Bn | 15.55 Bn | 703.00 Mn |
| 5 | Aramark | 14.94 Bn | 14.44 Bn | 430.34 Mn |
| 6 | FirstService | 6.27 Bn | 6.10 Bn | 480.66 Mn |
| 7 | Unifirst | 4.96 Bn | 4.79 Bn | 234.73 Mn |
| 8 | Geo | 4.11 Bn | 3.86 Bn | - |
| 9 | CoreCivic | 3.40 Bn | 3.29 Bn | - |
| 10 | Abm Industries | 2.92 Bn | 2.81 Bn | 286.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 248.95 Mn |
| Mar 31, 2026 | 251.28 Mn |
| Dec 31, 2025 | 242.59 Mn |
| Sep 30, 2025 | 248.75 Mn |
| Jun 30, 2025 | 249.53 Mn |
| Mar 31, 2025 | 232.44 Mn |
| Dec 31, 2024 | 214.42 Mn |
| Sep 30, 2024 | 221.33 Mn |
| Jun 30, 2024 | 194.67 Mn |
| Mar 31, 2024 | 178.40 Mn |
| Dec 31, 2023 | 183.92 Mn |
| Sep 30, 2023 | 175.49 Mn |
| Jun 30, 2023 | 175.99 Mn |
| Mar 31, 2023 | 174.19 Mn |
| Dec 31, 2022 | 168.56 Mn |
| Sep 30, 2022 | 131.79 Mn |
| Jun 30, 2022 | 128.13 Mn |
| Mar 31, 2022 | 124.39 Mn |
| Dec 31, 2021 | 122.34 Mn |
| Sep 30, 2021 | 128.89 Mn |