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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | IHS Holding | 44.35 Bn | 43.37 Bn | 231.80 | -42.75 |
| 2 | Cbre | 38.64 Bn | 37.43 Bn | 1.85 Bn | 24.67 |
| 3 | Jones Lang Lasalle | 13.86 Bn | 13.54 Bn | - | 19.29 |
| 4 | Costar | 12.44 Bn | 11.16 Bn | 701.00 Mn | 75.00 |
| 5 | Compass | 7.37 Bn | 6.89 Bn | 2.31 Bn | 104.43 |
| 6 | KE Holdings | 7.04 Bn | 4.80 Bn | 661.06 Mn | -31.48 |
| 7 | Opendoor Technologies | 4.28 Bn | 4.21 Bn | 72.00 Mn | -0.06 |
| 8 | Cushman & Wakefield | 3.00 Bn | 2.40 Bn | 420.70 Mn | -31.25 |
| 9 | Newmark | 2.71 Bn | 2.66 Bn | - | 17.12 |
| 10 | FirstService | 60.90 | 286.19 Mn | 430.65 | 27.02 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |