FirstService (FSV) Tax Rate (2014 - 2026)
FirstService (FSV) recorded Tax Rate of 26.97% in Q3 2026, down 1.13 percentage points from 28.10% a year earlier and down 0.10 percentage points from the prior quarter.
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Analysis
FirstService (FSV) Tax Rate (2014 - 2026) Analysis & Trends
On a TTM basis, FirstService's Tax Rate came in at 26.95% as of Sep 30, 2026, down 1.70 percentage points year-over-year; for FY2025, it was 28.43%, up 1.24 percentage points from FY2024.
- Annual Tax Rate has a five-year change of +3.77 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 27.19% in FY2024 (-0.51 pp), 27.70% in FY2023 (+2.45 pp), 25.25% in FY2022 (-0.05 pp) and 25.30% in FY2021 (+0.64 pp).
- Quarterly Tax Rate has ranged from 13.22% in Q4 2021 to 33.63% in Q4 2023 over the past five years.
- On a year-over-year basis, Tax Rate has declined for four consecutive quarters, with an average year-over-year change of -1.15 percentage points over the last eight quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 11.68 percentage points in Q4 2023, against a drop of 13.08 percentage points in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 27.07% (Q2 2026), 27.02% (Q1 2026) and 26.75% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 166.50 Bn | 126.90 Bn | 6.13 Bn | 24.19% |
| 2 | Cintas | 89.53 Bn | 88.62 Bn | 1.55 Bn | 20.02% |
| 3 | Iron Mountain | 32.72 Bn | 32.24 Bn | 1.07 Bn | 12.24% |
| 4 | APi | 17.05 Bn | 14.09 Bn | 703.00 Mn | 28.26% |
| 5 | Rollins | 16.64 Bn | 16.18 Bn | 582.90 Mn | 25.73% |
| 6 | UL Solutions | 14.83 Bn | 13.61 Bn | 417.00 Mn | 24.85% |
| 7 | Gartner | 14.54 Bn | 8.23 Bn | 1.19 Bn | 22.31% |
| 8 | Aramark | 13.86 Bn | 11.87 Bn | 430.34 Mn | 27.92% |
| 9 | Rentokil Initial | 11.50 Bn | 5.01 Bn | - | - |
| 10 | FirstService | 6.57 Bn | 6.43 Bn | 497.26 Mn | 26.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 26.97% |
| 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 | 21.95% |
| Sep 30, 2022 | 25.07% |
| Jun 30, 2022 | 25.61% |
| Mar 31, 2022 | 25.36% |
| Dec 31, 2021 | 13.22% |
API Access
FirstService Tax Rate 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=tax-rate&ticker=FSV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=FSV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();