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

153.78 1.47 −0.95%
Market cap
$7.1B
P/E
46.9×
Fwd P/E
43.6×
Dividend yield
0.77%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

FirstService Corporation (FSV) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, FirstService Corporation (FSV) trades at a EV/EBITDA of 14.9×. Over the past ten years it has ranged from 0.0× (June 2020) to 30.6× (October 2021); the current reading is higher than 27% of that period. That is above the Real Estate Services industry median of 10.1× and in line with the Real Estate sector median of 15.5×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 15.3× (16.66%)
FY2024 18.3× (14.97%)
FY2023 21.5× 17.82%
FY2022 18.3× (38.50%)
FY2021 29.7× 27.76%
FY2020 23.3× —
FY2019 0.0× —
FY2018 15.1× (17.96%)
FY2017 18.4× 22.88%
FY2016 14.9× (20.72%)

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 12.8× (7.11%)
Jun 2026 13.8× 2.46%
Mar 2026 13.5× (11.53%)
Dec 2025 15.3× (16.75%)
43 more quarters

Against its own ten years

Low 0.0× High 30.6×
Ten-year median 18.6×
Current reading's percentile 27

EV/EBITDA against peers

Company EV/EBITDA
NMRK Newmark Group, Inc. compare 4.2×
IHS IHS Holding Limited compare 5.7×
CWK Cushman & Wakefield PLC compare 8.1×
JLL Jones Lang LaSalle Incorporated compare 10.2×
CIGI Colliers International Group Inc. compare 14.0×
FSV FirstService Corporation 14.9×
BEKE KE Holdings Inc. Sponsored ADR compare 17.6×
CSGP CoStar Group, Inc. compare 19.5×
COMP Compass, Inc. compare 98.3×
Real Estate Services industry median 10.1×
Real Estate sector median 15.5×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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