FirstService (FSV) Tax Rate (2014 - 2026)
FirstService's (FSV) quarterly Tax Rate came in at 27.07% in Q2 2026, down 286.0% on a YoY basis from 14.55% in Q2 2025, and little changed quarter-over-quarter from 27.02% in Q1 2026.
Analysis
FirstService (FSV) Tax Rate (2014 - 2026) Analysis & Trends
FirstService (FSV) has reported Tax Rate for 13 consecutive years, with 27.07% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 286.0% year-over-year to 27.07%; the trailing twelve-month figure through Jun 2026 stood at 27.34% (down 24.0% YoY), and the FY2025 full-year result was 28.43%, up 124.0% from the prior year.
- Tax Rate held at 27.07% in Q2 2026 per FSV's latest filing, from 27.02% in the prior quarter.
- Across five years, Tax Rate topped out at 33.63% in Q4 2023 and bottomed at 25.03% in Q4 2022.
- Historically, Tax Rate has averaged 27.41% across 5 years, with a median of 26.88% in 2025.
- The sharpest annual moves came in 2023 and 2024: Tax Rate soared 860 bps in 2023, then tumbled 601 bps in 2024.
- Over 5 years, Tax Rate stood at 25.03% in 2022, then jumped by 34 bps to 33.63% in 2023, then slipped by 18 bps to 27.63% in 2024, then retreated by 3 bps to 26.75% in 2025, then climbed by 1 bps to 27.07% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 27.07%, 27.02%, and 26.75% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 80.04 Bn | 79.76 Bn | 1.48 Bn | 21.20% |
| 2 | Iron Mountain | 34.33 Bn | 34.13 Bn | 1.07 Bn | 12.24% |
| 3 | Rollins | 16.59 Bn | 16.48 Bn | 569.95 Mn | 24.16% |
| 4 | APi | 16.40 Bn | 15.55 Bn | 703.00 Mn | 28.26% |
| 5 | Aramark | 14.94 Bn | 14.44 Bn | 430.34 Mn | 27.92% |
| 6 | FirstService | 6.27 Bn | 6.10 Bn | 480.66 Mn | 27.07% |
| 7 | Unifirst | 4.96 Bn | 4.79 Bn | 234.73 Mn | 18.52% |
| 8 | Geo | 4.11 Bn | 3.86 Bn | - | 28.73% |
| 9 | CoreCivic | 3.40 Bn | 3.29 Bn | - | 21.89% |
| 10 | Abm Industries | 2.92 Bn | 2.81 Bn | 286.10 Mn | 21.36% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.07% |
| Mar 31, 2026 | 27.02% |
| Dec 31, 2025 | 26.75% |
| Sep 30, 2025 | 28.10% |
| Jun 30, 2025 | 29.93% |
| Mar 31, 2025 | 29.88% |
| Dec 31, 2024 | 27.63% |
| Sep 30, 2024 | 25.33% |
| Jun 30, 2024 | 29.26% |
| Mar 31, 2024 | 28.76% |
| Dec 31, 2023 | 33.63% |
| Sep 30, 2023 | 26.40% |
| Jun 30, 2023 | 26.67% |
| Mar 31, 2023 | 25.88% |
| Dec 31, 2022 | 25.03% |
| Sep 30, 2022 | 25.07% |
| Jun 30, 2022 | 25.61% |
| Mar 31, 2022 | 25.36% |
| Dec 31, 2021 | 27.69% |
| Sep 30, 2021 | 24.68% |