FirstService Corporation (FSV)
Real Estate · Real Estate Services · NasdaqGS
FirstService Corporation revenue & earnings — last 4 fiscal years
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | $3.75B | $4.33B | $5.22B | $5.50B |
| Gross profit | $1.18B | $1.39B | $1.72B | $1.85B |
| Net income | $121.07M | $100.39M | $134.38M | $145.05M |
| Net margin | 3.2% | 2.3% | 2.6% | 2.6% |
Source: FirstService Corporation SEC filings (10-K).
What growth is priced into FSV stock?
At today's market cap of $6.51B, FirstService Corporation is priced for free-cash-flow growth of about 8% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $318.24M from the FY ending 2025-12-31). This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 4 years of FirstService Corporation financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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FirstService Corporation financial history by metric
About FirstService Corporation
FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. It operates through two segments: FirstService Residential and FirstService Brands. The FirstService Residential segment operates as a full-service property manager and provides a range of ancillary services, including on-site staffing for building engineering and maintenance, full-service amenity management, security, concierge and front desk personnel; proprietary banking and insurance products; and energy conservation and management solutions. This segment serves condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and other residential developments governed by common interest or multi-unit residential community associations. Its FirstService Brands segment offers property services to residential and commercial customers in North America through company-owned operations and franchise systems under the First Onsite Property Restoration, Paul Davis Restoration, Roofing Corp of America, Century Fire Protection, California Closets, CertaPro Painters, Floor Coverings International, and Pillar to Post Home Inspectors brands. This segment also provides light restoration services, including full-service water, fire and mold cleanup, construction rebuild, and restoration services; painting services; custom-designed and installed closet and home storage solutions; home inspection services; and floor covering design and installation services. FirstService Corporation was incorporated in 1988 and is headquartered in Toronto, Canada.
FirstService Corporation — frequently asked questions
What is FirstService Corporation's revenue?
FirstService Corporation (FSV) reported revenue of $5.50B for fiscal year 2025, up 5.4% from the prior year, according to its SEC filings.
Is FirstService Corporation profitable?
Yes. FSV earned net income of $145.05M in fiscal 2025, a net margin of 2.6%.
What is FSV's P/E ratio?
FirstService Corporation trades at a price-to-earnings ratio of about 40.0 based on the latest data in our nightly-refreshed cache.
How fast is FirstService Corporation growing?
FSV's revenue grew at roughly 13.6% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does FirstService Corporation have?
As of fiscal year 2025, FSV carried roughly $1.08B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is FirstService Corporation's gross margin?
FSV's gross margin was 33.6% in fiscal 2025 — gross profit of $1.85B on revenue of $5.50B.
What is FirstService Corporation's market cap?
FirstService Corporation (FSV) has a market capitalization of about $6.51B, based on the latest data in our nightly-refreshed cache.
When does FirstService Corporation's fiscal year end?
FSV's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into FSV stock?
At today's market cap of $6.51B, FirstService Corporation is priced for free-cash-flow growth of about 8% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $318.24M from the FY ending 2025-12-31).
Where does this data come from?
All figures are computed from FirstService Corporation's official SEC filings (10-K and 10-Q), covering 4 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.