Saturday 17 October 2026 Export FA’s income statement to Excel — free account

First Advantage Corporation

FA Industrials Specialty Business Services

First Advantage Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.6 billion, up 83.0% from fiscal 2024. In the quarter to June 2026, revenue grew 14.9%, EPS grew 5,455.6%, free cash flow grew 120.2% and total debt fell 4.34%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

19.18 0.90 −4.48%

Follow FA

Alert me

Market cap: $3.5B
P/E: 132×
Fwd P/E: 67.8×
Dividend yield: —
F-score: 6/9
Altman Z: 1.16
Beneish M: −2.31
Dividend safety: 25/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.11

Total sells 276.08

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	1	—	—	—	—	—	—	—
Sell	1	—	—	—	1	—	2	2	—	1	—	—

Insider Ownership 54.69%

Capital & Financial Ratios $m

Market Cap 3,450.00

Revenue 1,663.13

Net Income 25.14

Free Cash Flow 195.44

Net Debt 1,795.77

Current Ratio 2.53

Debt/Equity 1.57

P/E ratio 132.37

Fwd P/E 67.80

P/S ratio 1.98

P/B ratio 2.55

Past 5Y EPS Growth —

This Y EPS Growth 22.59%

Next Y EPS Growth 18.05%

Next Y revenue growth (24.22%)

Next 5Y EPS Growth 19.44%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 72.09%

10-year low 10-year high

P/S against its own 10 years 15.34%

10-year low 10-year high

P/B against its own 10 years 74.55%

10-year low 10-year high

EV/Sales against its own 10 years 38.55%

10-year low 10-year high

EV/FCF against its own 10 years 74.13%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2020	Powerpack
2019	Powerpack
2018	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	214	169	240	238
Receivables	146	275	306	317
Inventory	—	—	—	—
Other	—	—	—	—
	374	476	562	581

	2023	2024	2025	Q'26
Payables	47	121	110	124
ST’ Debt	—	22	—	—
Other	—	—	—	—
	85	251	230	230

Compound Annual Growth %

	10y	5y	3y
Sales	—	25.33%	24.80%
Cash Flow	—	29.47%	(2.84%)
Earnings	—	0.00%	0.00%
Book Value	—	10.58%	5.25%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	385	449	—	—	—
’25	355	391	409	420	1,574
’24	169	185	199	307	860
’23	176	185	200	203	764
’22	190	202	206	213	810
’21	132	175	193	213	712
’20	111	105	137	—	509

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	49	74	—	—	—
’25	19	37	72	66	195
’24	38	32	43	(86)	28
’23	39	33	34	57	163
’22	42	55	46	70	213
’21	24	32	28	65	149
’20	(18)	4	14	35	54

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	33	54	—	—	—
’25	8	25	59	49	141
’24	32	25	36	(96)	(4)
’23	33	26	27	50	135
’22	34	47	39	64	184
’21	19	26	21	59	125
’20	(18)	(5)	10	31	36

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.01	0.10	—	—	—
’25	(0.24)	0.00	0.01	0.02	(0.20)
’24	(0.02)	0.01	(0.06)	(0.62)	(0.74)
’23	0.01	0.07	0.07	0.10	0.26
’22	0.09	0.09	0.11	0.13	0.43
’21	(0.15)	0.03	0.11	0.10	0.11
’20	(0.38)	(0.13)	(0.03)	—	(0.65)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	—	16.39	10.07	11.90	14.01	11.95	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	—	24.73	21.01	16.73	20.79	20.28
People
People	Employees	—	—	—	—	4,200	5,500	5,800	5,000	10,000	9,500
	Revenue/emp, $m	—	—	—	0.00	0.12	0.13	0.14	0.15	0.09	0.17
Income, $m
Income, $m	Revenue	—	—	—	482	509	712	810	764	860	1,574
	Gross margin, %	—	—	—	49.08	48.83	50.56	49.52	49.36	47.81	45.67
	EBT	—	—	—	41	(96)	25	85	48	(115)	(37)
	EBT margin, %	—	—	—	8.54	(18.90)	3.50	10.50	6.35	(13.32)	(2.37)
	Net income	—	0	—	34	(84)	16	65	37	(110)	(35)
	Depreciation	—	—	—	29	141	149	140	131	149	255
Per share, $
Per share, $	Revenue	—	—	—	3.22	3.92	5.07	5.39	5.30	5.79	9.09
	Earnings	—	—	—	0.23	(0.65)	0.11	0.43	0.26	(0.74)	(0.20)
	Cash flow	—	—	—	0.48	0.41	1.06	1.42	1.13	0.19	1.13
	Capex	—	—	—	(0.11)	(0.14)	(0.17)	(0.19)	(0.19)	(0.22)	(0.31)
	Free cash flow	—	—	—	0.37	0.28	0.89	1.23	0.94	(0.03)	0.81
	Book value	—	—	—	0.00	6.11	8.06	7.50	6.29	8.80	7.58
	Shares, m	—	—	—	150	130	140	150	144	149	173
Valuation, ×
Valuation, ×	P/E	—	—	—	0.00	0.00	209.46	30.30	62.42	0.00	0.00
	P/S	—	—	—	5.28	5.28	3.76	2.42	3.06	3.24	1.60
	P/B	—	—	—	3.29	3.29	2.36	1.74	2.58	2.13	1.92
	EV/Sales	—	—	—	6.60	6.60	4.12	2.62	3.52	5.53	2.78
	EV/FCF	—	—	—	58.49	58.49	23.52	11.54	19.89	(1,168.99)	31.08
Cash, $m
Cash, $m	Operating cash flow	—	—	—	72	54	149	213	163	28	195
	Capex	—	—	—	(17)	(18)	(24)	(29)	(28)	(32)	(54)
	Free cash flow	—	—	—	55	36	125	184	135	(4)	141
Balance, $m
Balance, $m	Working capital	—	—	—	108	180	357	465	289	225	331
	Total debt	—	—	—	541	785	556	562	558	2,143	2,080
	Net debt	—	—	—	459	631	262	168	345	1,974	1,840
	Shareholders’ equity	—	—	—	—	794	1,132	1,127	907	1,307	1,314
Returns, %
Returns, %	ROA	—	—	—	0.00	(9.53)	0.88	3.43	2.12	(3.97)	(0.90)
	ROIC	—	—	—	12.55	(0.09)	2.86	4.55	4.07	(1.19)	2.63
	ROE	—	—	—	9.78	(24.00)	1.67	5.72	3.67	(9.96)	(2.66)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
DLB Dolby Laboratories	$5.7B	25.2×	16.5×	−3.34% (below 0%: shrinking)	−37.50% (below 0%: shrinking)	+157.37% (above 0%: growing)	86.78%	11.25%	Compare
AMTM Amentum Holdings, Inc.	$4.7B	23.5×	21.9×	−1.99% (below 0%: shrinking)	+575.00% (above 0%: growing)	+35.00% (above 0%: growing)	10.32%	4.93%	Compare
UNF Unifirst Corporation	$4.6B	39.7×	39.4×	+3.87% (above 0%: growing)	−48.20% (below 0%: shrinking)	−21.68% (below 0%: shrinking)	37.00%	3.63%	Compare
AZZ AZZ Inc.	$3.9B	23.2×	22.1×	+16.68% (above 0%: growing)	−34.39% (below 0%: shrinking)	+115.52% (above 0%: growing)	25.08%	17.21%	Compare
FA First Advantage Corporation	$3.5B	132×	67.8×	+14.88% (above 0%: growing)	+5,455.56% (above 0%: growing)	+120.17% (above 0%: growing)	45.46%	12.71%
MMS Maximus, Inc.	$3.2B	9.0×	8.1×	−5.15% (below 0%: shrinking)	+4.81% (above 0%: growing)	+30.90% (above 0%: growing)	27.27%	12.62%	Compare
CBZ CBIZ, Inc.	$3.0B	25.6×	12.1×	−0.19% (below 0%: shrinking)	−53.03% (below 0%: shrinking)	+32.13% (above 0%: growing)	10.62%	4.99%	Compare
ABM ABM Industries Incorporated	$3.0B	18.4×	12.2×	+4.19% (above 0%: growing)	+25.37% (above 0%: growing)	−13.91% (below 0%: shrinking)	12.35%	3.95%	Compare
TIC Acuren Corporation	$1.9B	— (loss-making)	— (loss-making)	+86.14% (above 0%: growing)	n/m	−102.16% (below 0%: shrinking)	34.94%	1.86%	Compare
Median of peers	$3.5B	23.5×	16.5×	+1.84%	−34.39%	+31.52%	26.18%	4.96%

All 44 Specialty Business Services stocks →

First Advantage Corporation (FA) key facts

Strength: First Advantage Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.6 billion, up 83.0% from fiscal 2024.
First Advantage Corporation (FA) is a Specialty Business Services company in the Industrials sector, listed on Nasdaq.
As of October 16, 2026, FA traded at $19.18, a market capitalization of $3.5 billion.
Return on equity was −2.66% and debt-to-equity 1.57.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 1.16 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.