FirstService (FSV) Return on Invested Capital [ROIC] (2015 - 2026)
FirstService (FSV) reported Return on Invested Capital [ROIC] of 10.21% for the quarter ended Jun 30, 2026, up 0.03 percentage points from 10.18% a year earlier and up 0.16 percentage points from the prior quarter.
Powered by 
Analysis
FirstService (FSV) Return on Invested Capital [ROIC] (2015 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, FirstService posted Return on Invested Capital [ROIC] of 9.79%, down 0.69 percentage points from the prior year.
- Return on Invested Capital [ROIC] has a five-year change of -0.64 percentage points (years ended Dec 2020 to Dec 2025).
- By year, Return on Invested Capital [ROIC] came in at 10.47% in the year ended Dec 31, 2024 (+1.27 pp), 9.20% in the year ended Dec 31, 2023 (-1.19 pp), 10.39% in the year ended Dec 31, 2022 (-0.53 pp) and 10.92% in the year ended Dec 31, 2021 (+0.49 pp).
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Return on Invested Capital [ROIC] since the quarter ended Sep 30, 2023.
- Year over year, Return on Invested Capital [ROIC] gained in six of the last eight quarters, with an average year-over-year change of +0.59 percentage points.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was the quarter ended Sep 30, 2021 (a gain of 49.28 percentage points); the low point was the quarter ended Jun 30, 2024 (a drop of 3.27 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 10.04% (quarter ended Mar 31, 2026), 9.67% (quarter ended Dec 31, 2025) and 9.68% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 132.79 Bn | 93.20 Bn | 6.13 Bn | 20.89% |
| 2 | Cintas | 77.24 Bn | 76.43 Bn | 1.48 Bn | 27.72% |
| 3 | Iron Mountain | 33.76 Bn | 33.28 Bn | 1.07 Bn | 7.58% |
| 4 | APi | 17.50 Bn | 14.54 Bn | 703.00 Mn | 6.73% |
| 5 | Aramark | 14.64 Bn | 12.66 Bn | 430.34 Mn | 6.84% |
| 6 | Rollins | 14.51 Bn | 14.06 Bn | 569.95 Mn | 26.74% |
| 7 | UL Solutions | 13.33 Bn | 12.11 Bn | 417.00 Mn | 22.87% |
| 8 | Gartner | 11.67 Bn | 5.36 Bn | 1.19 Bn | 28.65% |
| 9 | Rentokil Initial | 10.08 Bn | 3.42 Bn | - | - |
| 10 | FirstService | 5.90 Bn | 5.67 Bn | 480.66 Mn | 10.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.21% |
| Mar 31, 2026 | 10.04% |
| Dec 31, 2025 | 9.67% |
| Sep 30, 2025 | 9.68% |
| Jun 30, 2025 | 10.18% |
| Mar 31, 2025 | 9.85% |
| Dec 31, 2024 | 9.97% |
| Sep 30, 2024 | 8.77% |
| Jun 30, 2024 | 7.35% |
| Mar 31, 2024 | 7.74% |
| Dec 31, 2023 | 8.82% |
| Sep 30, 2023 | 10.94% |
| Jun 30, 2023 | 10.62% |
| Mar 31, 2023 | 10.21% |
| Dec 31, 2022 | 10.28% |
| Sep 30, 2022 | 11.18% |
| Jun 30, 2022 | 11.41% |
| Mar 31, 2022 | 11.86% |
| Dec 31, 2021 | 12.86% |
| Sep 30, 2021 | 11.77% |
API Access
FirstService Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=FSV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=FSV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();