FirstService (FSV) Tax Rate (2015 - 2026)

FirstService (FSV) recorded quarterly Tax Rate of 27.02% in Q1 2026, down 9.58% on a QoQ basis from 29.88% in Q1 2025, and down 286.0% year-over-year from 14.53% in Q1 2025.

FirstService (FSV) Tax Rate (2015 - 2026) Analysis & Trends

FirstService has disclosed Tax Rate across 12 years of filings, most recently posting 27.02% for Q1 2026.

  • Quarterly Tax Rate fell 286.0% year-over-year to 27.02% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 13.65% (down 37.0% YoY) and the FY2025 annual result came in at 27.36%, up 17.0% from the prior year.
  • Tax Rate declined to 27.02% in Q1 2026, from 29.88% in the prior quarter.
  • Over five years, Tax Rate peaked at 29.88% in Q1 2025 and troughed at 25.36% in Q1 2022.
  • A 5-year average of 27.38% and a median of 27.02% in 2026 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2024 — Tax Rate soared 288 bps — and 2026, when it sank 286 bps.
  • Tracing FSV's Tax Rate over 5 years: stood at 25.36% in 2022, then grew by 2 bps to 25.88% in 2023, then advanced by 11 bps to 28.76% in 2024, then gained by 4 bps to 29.88% in 2025, then decreased by 10 bps to 27.02% in 2026.
  • Business Quant data shows FSV's Tax Rate at 27.02% in Q1 2026, 29.88% in Q1 2025, and 28.76% in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 IHS Holding 45.03 Bn 44.04 Bn 231.80 -42.75%
2 Cbre 38.54 Bn 37.33 Bn 1.85 Bn 24.67%
3 Costar 14.00 Bn 12.72 Bn 701.00 Mn 75.00%
4 Jones Lang Lasalle 13.85 Bn 13.53 Bn - 19.29%
5 KE Holdings 7.04 Bn 4.80 Bn 661.06 Mn -31.48%
6 Compass 5.66 Bn 5.19 Bn 2.31 Bn 104.43%
7 Opendoor Technologies 4.24 Bn 4.17 Bn 72.00 Mn -0.06%
8 Cushman & Wakefield 3.11 Bn 2.51 Bn 420.70 Mn -31.25%
9 Newmark 2.67 Bn 2.62 Bn - 17.12%
10 FirstService 61.90 286.19 Mn 430.65 27.02%

Historic Data

Download Data
DateValue
Mar 31, 2026 27.02%
Mar 31, 2026 27.02%
Mar 31, 2025 29.88%
Mar 31, 2025 29.88%
Mar 31, 2024 28.76%
Mar 31, 2024 28.76%
Mar 31, 2023 25.88%
Mar 31, 2023 25.88%
Mar 31, 2022 25.36%
Mar 31, 2022 25.36%
Mar 31, 2021 24.46%
Mar 31, 2021 24.46%
Mar 31, 2020 21.10%
Mar 31, 2020 21.10%
Mar 31, 2019 12.92%
Mar 31, 2019 12.92%
Mar 31, 2018 -8.13%
Mar 31, 2018 -8.13%
Dec 31, 2017 115,469.75%
Dec 31, 2017 115,469.75%