First Advantage Corp

First Advantage Corp

FA · NASDAQ · Industrials / Specialty Business Services

21.48USD+0.12 (+0.56%)

Price History

Full chart

Market Stats

Previous Close21.36
Open21.40
Day Range21.33 – 21.79
52-Week Range8.82 – 25.15
Volume2.34M
Market Cap3.42B
P/E (TTM)132.80
Forward P/E12.90
EPS0.15
Dividend Yield0.00%
Beta1.17
50-Day Avg21.04
200-Day Avg15.71

About

First Advantage Corporation provides employment background screening, digital identity, and verification solutions internationally. It offers pre-onboarding products and solutions, such as criminal background checks, drug/health screening, extended workforce screening, FBI channeling, identity checks and biometric fraud mitigation tools, education/work history verification, driver records and compliance, healthcare credentials, executive screening, and other screening products. The company also provides post-onboarding solutions, including criminal records monitoring, I-9 verification, healthcare sanctions, motor vehicle records, social media screening, and global sanctions and licenses; and adjacent products comprising fleet/vehicle compliance, hiring tax credits and incentives, and investigative research. Its products and solutions are used by executive management, human resources, talent acquisition, risk, compliance, vendor management, safety, global enterprises, mid-sized, and small companies. The company was formerly known as Fastball Intermediate, Inc. and changed its name to First Advantage Corporation in March 2021. First Advantage Corporation was founded in 2002 and is based in Atlanta, Georgia.

Company Details

  • SectorIndustrials
  • IndustrySpecialty Business Services
  • CEOMr. Scott D Staples
  • Employees9.50K
  • Headquarters1 Concourse Parkway NE, Atlanta, GA, United States, 30328, USA
  • Websitehttps://fadv.com

Leadership

  • Mr. Scott D StaplesCEO & Director · b. 1965
  • Ms. Joelle M. SmithPresident · b. 1976
  • Mr. Steven MarksExecutive VP & CFO · b. 1987
  • Mr. Douglas NairneGlobal Chief Operating Officer · b. 1967
  • Mr. Bret T. Jardine ESQ.Chief Legal Officer & Secretary · b. 1967
  • Mr. Brian Gerald AndersonChief Product & Technology Officer · b. 1979
  • Ms. Stephanie D. GormanVice President of Investor Relations
  • Mariah MellorSenior Director of Corporate Communications
  • Ms. Maureen LallyChief Marketing Officer
  • Beth PriceChief People & Culture Officer

Financials

Income Statement

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue30.37M38.58M242.92M319.10M166.50M266.54M643.75M817.56M842.90M779.96M481.77M509.15M712.29M810.02M763.76M860.21M1.57B
Growth (%)-+27.03%+529.62%+31.36%-47.82%+60.09%+141.52%+27.00%+3.10%-7.47%-38.23%+5.68%+39.90%+13.72%-5.71%+12.63%+83.02%
Cost of Revenue8.41M11.13M79.36M112.90M100.19M105.48M231.62M291.35M281.75M282.67M245.32M260.55M352.17M408.93M386.78M448.91M1.10B
Gross Profit21.96M27.45M163.56M206.20M66.31M161.05M412.13M526.22M561.15M497.30M236.44M248.60M360.13M401.10M376.98M411.29M470.50M
Gross Margin72.30%71.16%67.33%64.62%39.83%60.42%64.02%64.36%66.57%63.76%49.08%48.83%50.56%49.52%49.36%47.81%29.88%
Operating Expense22.29M26.86M133.38M157.88M61.34M-20.52B314.13M405.85M443.58M376.17M144.28M250.65M296.30M306.82M295.47M473.68M329.29M
Operating Income-333.00K598.00K30.19M48.32M4.96M20.68B98.00M120.36M117.57M121.13M92.17M-2.05M63.82M94.28M81.52M-62.38M141.21M
Operating Margin-1.10%1.55%12.43%15.14%2.98%7758.77%15.22%14.72%13.95%15.53%19.13%-0.40%8.96%11.64%10.67%-7.25%8.97%
EBITDA-336.00K51.00K16.38M28.57M-15.32M95.41M124.36M158.57M263.19M115.31M119.06M135.11M195.13M232.52M210.99M83.15M380.00M
EBITDA Margin-1.11%0.13%6.74%8.95%-9.20%35.80%19.32%19.40%31.22%14.78%24.71%26.54%27.40%28.71%27.63%9.67%24.14%
Net Income-336.00K51.00K16.38M28.57M2.80M10.68M58.43M66.16M138.11M34.86M34.25M-84.02M16.05M64.60M37.29M-110.27M-34.82M
Net Income Margin-1.11%0.13%6.74%8.95%1.68%4.01%9.08%8.09%16.38%4.47%7.11%-16.50%2.25%7.98%4.88%-12.82%-2.21%
R&D----------33.24M35.39M45.51M51.93M49.26M63.82M101.85M
R&D as % of Total Revenue----------6.90%6.95%6.39%6.41%6.45%7.42%6.47%
Interest Expense241.00K281.00K154.00K159.00K113.00K2.24M3.94M6.43M10.64M2.55M51.96M48.05M25.12M9.20M33.04M51.85M168.67M
Interest Expense % of Total Revenue0.79%0.73%0.06%0.05%0.07%0.84%0.61%0.79%1.26%0.33%10.79%9.44%3.53%1.14%4.33%6.03%10.71%

Balance Sheet

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets15.59M26.63M234.96M332.35M283.90M431.35M978.04M1.09B1.23B1.14B544.73M1.76B1.89B1.89B1.63B3.92B3.83B
Total Liabilities3.20M8.14M42.94M57.16M43.56M141.18M347.49M366.57M299.92M198.72M638.95M969.42M754.34M759.21M723.92M2.62B2.52B
Total Equity12.39M18.49M192.02M275.19M240.34M290.17M582.85M674.94M883.59M892.85M-94.22M794.27M1.13B1.13B906.73M1.31B1.31B
Cash----5.64M7.64M28.38M31.94M76.60M52.36M80.62M152.82M292.64M391.65M213.77M168.69M240.00M
Total Debt----20.70M105.78M220.57M200.32M32.69M32.83M540.84M787.97M555.73M569.49M567.74M2.16B2.09B
Net Debt----15.07M98.14M192.19M168.38M-43.91M-19.53M460.22M635.00M262.20M177.83M353.97M1.99B1.85B

Cash Flow

Currency: USD2003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow1.79M23.96M72.31M93.30M134.60M66.30M71.58M52.24M148.68M212.77M162.82M28.20M195.13M
Investing Cash Flow--62.96M-154.08M-64.13M78.26M-92.60M-17.79M-17.61M-72.43M-48.60M-66.85M-1.65B-54.13M
Financing Cash Flow10.32M40.94M100.16M-25.60M-167.88M3.05M-3.18M36.68M63.85M-59.15M-273.56M1.58B-70.76M
Capital Expenditure1.87M6.75M19.10M33.23M40.35M35.28M16.70M17.71M23.80M28.53M27.70M1.72M54.25M
Free Cash Flow-76.00K17.21M53.20M60.07M94.25M31.02M54.88M34.53M124.88M184.24M135.12M26.48M140.87M
Dividends Paid----3.93M23.82M23.82M23.82M313.00K0217.74M255.00K133.00K
FCF to OCF-4.24%71.83%73.58%64.38%70.02%46.79%76.67%66.11%83.99%86.59%82.99%93.90%72.20%
Dividend Paid to FCF----4.17%76.81%43.41%68.99%0.25%0.00%161.14%0.96%0.09%

Earnings

Report DateFeb 26, 2009Apr 30, 2009Jul 30, 2009Oct 29, 2009Jun 24, 2021Aug 12, 2021Nov 8, 2021Mar 23, 2022May 11, 2022Aug 4, 2022Nov 8, 2022Feb 28, 2023May 10, 2023Aug 9, 2023Nov 9, 2023Feb 29, 2024May 9, 2024Aug 8, 2024Nov 12, 2024Feb 26, 2025May 8, 2025Aug 7, 2025Nov 6, 2025Feb 26, 2026May 7, 2026Aug 6, 2026Nov 5, 2026
EPS Estimate0.180.220.220.220.000.170.190.210.200.250.280.290.190.230.280.300.170.210.250.220.130.210.280.230.210.270.32
EPS Actual-0.060.180.220.190.150.250.280.310.220.250.260.300.190.240.280.290.170.210.260.180.170.240.300.280.260.33-
Surprise-133.33%-18.18%0.00%-13.64%-47.06%47.37%47.62%10.00%0.00%-7.14%3.45%0.00%4.35%0.00%-3.33%0.00%0.00%4.00%-17.62%30.77%14.29%7.14%21.74%23.81%22.22%-
Timing----After-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap3.42B
Enterprise Value5.24B
Trailing P/E132.80
Forward P/E12.90
Price / Sales2.06
Price / Book2.65
EPS0.15
Book Value7.54
Revenue (TTM)1.66B
Gross Profit (TTM)752.05M
EBITDA421.15M
Profit Margin1.51%
Operating Margin12.77%
Return on Equity1.94%
Return on Assets2.82%
Shares Outstanding171.75M
Shares Float93.80M
Beta1.17
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 10 analystsTarget 26.25
  • Strong Buy
    2
  • Buy
    2
  • Hold
    6

Ownership Breakdown

Institutions
107.06%
Insiders
2.56%
Retail / Other
0.00%

Top Institutional Holders

  • SILVER LAKE GROUP, L.L.C.
    89.56M52.14%
  • T. Rowe Price Associates, Inc.
    15.11M8.80%
  • Capital World Investors
    10.69M6.22%
  • FMR Inc
    9.08M5.29%
  • AllianceBernstein L.P.
    7.91M4.60%
  • BlackRock Inc
    5.99M3.49%
  • Cat Rock Capital Management LP
    4.23M2.46%
  • BAMCO Inc
    3.75M2.18%
  • Vanguard Portfolio Management, LLC
    3.52M2.05%
  • Vanguard Capital Management, LLC
    3.45M2.01%
  • Boston Partners Global Investors, Inc
    3.23M1.88%
  • Dimensional Fund Advisors, Inc.
    3.11M1.81%
  • JPMorgan Chase & Co
    2.89M1.68%
  • American Century Companies Inc
    2.28M1.33%

Top Fund Holders

  • American Funds SMALLCAP World A
    10.40M6.05%
  • T. Rowe Price Mid-Cap Value
    6.42M3.74%
  • iShares Core S&P Small-Cap ETF
    5.54M3.22%
  • Baron Small Cap Retail
    3.50M2.04%
  • Vanguard MStar Total Stk Mkt Idx Invest
    2.73M1.59%
  • iShares Russell 2000 ETF
    2.37M1.38%

Dividends

20231×
1.50Aug 18, 2023