FirstService Corporation
FSV Real Estate Real Estate Services
FirstService Corporation’s revenue for fiscal 2025 (year ended December 2025) was $5.5 billion, up 5.38% from fiscal 2024.
- Revenue
- +5.81%
- EPS
- −20.8%
- Free cash flow
- −39.9%
- Total debt
- +29.0%
Quarter to September 2026, against a year earlier
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FirstService Corporation (FSV) Debt to equity
FirstService Corporation's debt to equity at the end of the quarter to 30 September 2026 was 1.7×, up 0.9× from fiscal 2025 (0.8×). Over the past ten years it has ranged from 0.8× (fiscal 2025) to 1.8× (fiscal 2019) — the current reading is the lowest in ten years. That is above the Real Estate Services industry median of 0.1× and above the Real Estate sector median of 0.7×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 0.8× | (28.04%) |
| FY2024 | 1.1× | (5.27%) |
| FY2023 | 1.2× | 42.60% |
| FY2022 | 0.8× | (0.85%) |
| FY2021 | 0.8× | (8.57%) |
| FY2020 | 0.9× | (50.40%) |
| FY2019 | 1.8× | 27.12% |
| FY2018 | 1.4× | 0.99% |
| FY2017 | 1.4× | 1.17% |
| FY2016 | 1.4× | 15.06% |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Sep 2026 | 1.7× | 61.64% |
| Jun 2026 | 1.0× | 38.94% |
| Mar 2026 | 0.7× | (6.10%) |
| Dec 2025 | 0.8× | (12.56%) |
| 41 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| IHS IHS Holding Limited compare | −18.7× |
| BEKE KE Holdings Inc. Sponsored ADR compare | 0.0× |
| CSGP CoStar Group, Inc. compare | 0.1× |
| JLL Jones Lang LaSalle Incorporated compare | 0.2× |
| NMRK Newmark Group, Inc. compare | 0.5× |
| COMP Compass, Inc. compare | 1.1× |
| CWK Cushman & Wakefield PLC compare | 1.2× |
| CIGI Colliers International Group Inc. compare | 1.6× |
| FSV FirstService Corporation | 1.7× |
| Real Estate Services industry median | 0.1× |
| Real Estate sector median | 0.7× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on FSV
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- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
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- Piotroski F-score
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