FirstService (FSV) Operating Margin (2014 - 2026)
FirstService's (FSV) quarterly Operating Margin came in at 6.88% in Q2 2026, up 1.0% YoY from 6.81% in Q2 2025, and up 94.13% on a QoQ basis from 3.54% in Q1 2026.
FirstService (FSV) Operating Margin (2014 - 2026) Analysis & Trends
FirstService (FSV) has 13 years of Operating Margin data on file, last reported at 6.88% in Q2 2026.
- Quarterly Operating Margin rose 1.0% year-over-year to 6.88% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 6.22% (down 34.0% YoY) and the FY2025 annual result came in at 6.15%, down 32.0% from the prior year.
- Operating Margin improved to 6.88% in Q2 2026, from 3.54% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 7987758.75% in Q3 2025 to a low of 0.0% in Q4 2023.
- A 5-year average of 1034781.95% and a median of 6.52% in 2024 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2024 — Operating Margin sank 735182888 bps — and 2025, when it jumped 798774973 bps.
- Tracing FSV's Operating Margin over 5 years: stood at 10.94% in 2022, then plunged by 100 bps to 0.0% in 2023, then soared by 147387611 bps to 6.56% in 2024, then dropped by 5 bps to 6.21% in 2025, then gained by 11 bps to 6.88% in 2026.
- The last three Operating Margin figures came in at 6.88% (Q2 2026), 3.54% (Q1 2026), and 6.21% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cbre | 44.30 Bn | 42.81 Bn | 2.09 Bn | 3.25% |
| 2 | KE Holdings | 18.87 Bn | 15.99 Bn | 661.06 Mn | 6.74% |
| 3 | Jones Lang Lasalle | 17.79 Bn | 17.34 Bn | - | 4.20% |
| 4 | Costar | 13.04 Bn | 11.78 Bn | 728.00 Mn | 8.22% |
| 5 | Compass | 9.00 Bn | 8.31 Bn | 3.88 Bn | 2.88% |
| 6 | FirstService | 6.55 Bn | 6.32 Bn | 480.66 Mn | 6.88% |
| 7 | Colliers International | 5.46 Bn | 5.40 Bn | 635,105.00 Bn | 0.00% |
| 8 | Cushman & Wakefield | 3.45 Bn | 2.95 Bn | 512.00 Mn | 4.86% |
| 9 | Opendoor Technologies | 3.35 Bn | 2.45 Bn | 86.00 Mn | -16.31% |
| 10 | Newmark | 2.85 Bn | 2.46 Bn | - | 4.55% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.88% |
| Mar 31, 2026 | 3.54% |
| Dec 31, 2025 | 6.21% |
| Sep 30, 2025 | 7,987,758.75% |
| Jun 30, 2025 | 6.87% |
| Mar 31, 2025 | 3.14% |
| Dec 31, 2024 | 6.56% |
| Sep 30, 2024 | 9.02% |
| Jun 30, 2024 | 6.47% |
| Mar 31, 2024 | 3,286,400.79% |
| Dec 31, 2023 | 0.00% |
| Sep 30, 2023 | 6.58% |
| Jun 30, 2023 | 7,351,835.35% |
| Mar 31, 2023 | 4.02% |
| Dec 31, 2022 | 10.94% |
| Sep 30, 2022 | 0.00% |
| Jun 30, 2022 | 6.43% |
| Mar 31, 2022 | 3.48% |
| Dec 31, 2021 | 5.23% |
| Sep 30, 2021 | 7.24% |