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) Return on invested capital

Alert me on Return on invested capital

FirstService Corporation's return on invested capital over the twelve months to 30 September 2026 was 9.21%, down 0.1 percentage points from fiscal 2025 (9.27%). Over the past ten years it has ranged from −10.3% (fiscal 2019) to 16.6% (fiscal 2017); the current reading is higher than 36% of that period. That is above the Real Estate Services industry median of 0.00% and above the Real Estate sector median of 2.03%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 9.27% (0.14)
FY2024 9.41% 1.75
FY2023 7.66% (1.57)
FY2022 9.23% (0.79)
FY2021 10.0% (0.15)
FY2020 10.2% 20.47
FY2019 −10.3% (26.54)
FY2018 16.2% (0.37)
FY2017 16.6% 1.52
FY2016 15.1% 1.22

Against its own ten years

Low −10.3% High 16.6%
Ten-year median 10.0%
Current reading's percentile 36

Return on invested capital against peers

Company Return on invested capital
BEKE KE Holdings Inc. Sponsored ADR compare 26.4%
IHS IHS Holding Limited compare 20.2%
JLL Jones Lang LaSalle Incorporated compare 10.1%
FSV FirstService Corporation 9.21%
NMRK Newmark Group, Inc. compare 7.76%
CWK Cushman & Wakefield PLC compare 7.40%
CIGI Colliers International Group Inc. compare 6.26%
CSGP CoStar Group, Inc. compare 1.56%
COMP Compass, Inc. compare −3.17%
Real Estate Services industry median 0.00%
Real Estate sector median 2.03%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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