YOLFTbeta
FirstService Corp

FirstService Corp

FSV · NASDAQ · Real Estate / Real Estate Services

154.42USD+0.26 (+0.17%)

Price History

Full chart

Market Stats

Previous Close154.16
Open154.95
Day Range153.68 – 155.80
52-Week Range119.15 – 190.52
Volume148.34K
Market Cap5.55B
P/E (TTM)35.99
Forward P/E19.46
EPS3.53
Dividend Yield0.96%
Beta0.90
50-Day Avg140.11
200-Day Avg144.79

About

FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. It operates through two segments: FirstService Residential and FirstService Brands. The FirstService Residential segment operates as a full-service property manager and provides a range of ancillary services, including on-site staffing for building engineering and maintenance, full-service amenity management, security, concierge and front desk personnel; proprietary banking and insurance products; and energy conservation and management solutions. This segment serves condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and other residential developments governed by common interest or multi-unit residential community associations. Its FirstService Brands segment offers property services to residential and commercial customers in North America through company-owned operations and franchise systems under the First Onsite Property Restoration, Paul Davis Restoration, Roofing Corp of America, Century Fire Protection, California Closets, CertaPro Painters, Floor Coverings International, and Pillar to Post Home Inspectors brands. This segment also provides light restoration services, including full-service water, fire and mold cleanup, construction rebuild, and restoration services; painting services; custom-designed and installed closet and home storage solutions; home inspection services; and floor covering design and installation services. FirstService Corporation was incorporated in 1988 and is headquartered in Toronto, Canada.

Company Details

  • SectorReal Estate
  • IndustryReal Estate Services
  • CEOMr. D. Scott Patterson
  • Employees30.00K
  • Headquarters1255 Bay Street, Toronto, ON, Canada, M5R 2A9, USA
  • Websitehttps://www.firstservice.com

Leadership

  • Mr. Jay Stewart Hennick CMFounder & Independent Chairman of the Board · b. 1957
  • Mr. D. Scott PattersonPresident, CEO & Non-Independent Director · b. 1961
  • Mr. Jeremy Alan RakusinChief Financial Officer · b. 1969
  • Mr. Steve CarpenterSenior Vice President of Technology, Sustainability & Information Services · b. 1976
  • Mr. Abel EscobarSenior VP of Compliance and Risk Management & Corporate Secretary · b. 1977
  • Ms. Angela BaiSenior VP of Strategy & Corporate Development · b. 1982
  • Ms. Sarah AlbertsDirector of Marketing & Communications of FirstService Residential Ontario
  • Patrick TranSenior Vice President of Tax
  • Mr. David DiestelChief Executive Officer of FirstService Residential · b. 1971

Financials

Income Statement

Currency: USD2007-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.55B1.70B1.99B2.22B2.31B2.34B1.13B1.26B1.48B1.71B1.93B2.41B2.77B3.25B3.75B4.33B5.22B5.52B
Growth (%)-+9.91%+16.62%+11.98%+3.66%+1.65%-51.70%+11.67%+17.31%+15.01%+13.25%+24.64%+15.16%+17.19%+15.29%+15.72%+20.36%+5.79%
Cost of Revenue917.83M1.06B1.22B1.44B1.52B1.51B800.05M883.96M1.05B1.19B1.32B1.63B1.87B2.20B2.57B2.95B3.50B3.76B
Gross Profit631.89M640.82M764.95M787.96M787.50M833.75M331.96M380.11M432.80M516.08M611.22M773.31M900.62M1.05B1.18B1.39B1.72B1.75B
Gross Margin40.77%37.62%38.51%35.43%34.16%35.58%29.32%30.07%29.19%30.26%31.65%32.12%32.48%32.20%31.50%32.01%32.93%31.79%
Operating Expense553.76M573.05M668.29M685.25M709.11M743.52M286.33M309.37M342.25M408.46M483.65M947.73M731.21M844.59M961.09M1.14B1.38B1.42B
Operating Income78.12M67.76M96.66M102.71M78.40M90.23M45.62M70.75M90.55M107.63M127.57M-174.42M169.41M201.64M219.03M244.89M337.51M335.67M
Operating Margin5.04%3.98%4.87%4.62%3.40%3.85%4.03%5.60%6.11%6.31%6.60%-7.25%6.11%6.21%5.85%5.65%6.47%6.08%
EBITDA121.56M117.11M145.50M101.99M137.34M76.38M73.28M100.88M127.58M155.18M184.84M-88.85M268.15M324.01M329.31M378.64M506.02M527.36M
EBITDA Margin7.84%6.88%7.33%4.59%5.96%3.26%6.47%7.98%8.60%9.10%9.57%-3.69%9.67%9.97%8.79%8.74%9.70%9.56%
Net Income-32.98M-44.85M13.56M74.11M5.85M-18.04M12.97M21.39M33.60M53.08M65.86M-251.61M87.26M135.21M121.07M100.39M134.38M145.65M
Net Income Margin-2.13%-2.63%0.68%3.33%0.25%-0.77%1.15%1.69%2.27%3.11%3.41%-10.45%3.15%4.16%3.23%2.32%2.58%2.64%
R&D--------0.060.060.060.080.050.060.050.05--
R&D as % of Total Revenue--------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense16.86M13.92M18.35M17.98M20.62M22.55M6.93M9.08M9.15M9.87M12.62M32.08M24.32M16.04M25.19M47.36M82.85M73.96M
Interest Expense % of Total Revenue1.09%0.82%0.92%0.81%0.89%0.96%0.61%0.72%0.62%0.58%0.65%1.33%0.88%0.49%0.67%1.09%1.59%1.34%

Balance Sheet

Currency: USD2007-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-1.01B1.13B1.23B1.32B1.44B615.54M600.48M770.96M837.73M1.01B1.95B2.20B2.51B2.77B3.63B4.19B4.28B
Total Liabilities-679.33M755.93M848.70M926.01M972.39M375.87M433.46M589.94M634.50M771.25M1.35B1.34B1.49B1.63B2.27B2.56B2.42B
Total Equity-166.03M199.25M243.62M239.94M241.92M158.75M167.03M181.03M203.23M236.23M425.89M660.40M799.72M907.47M1.02B1.19B1.38B
Cash-99.78M100.36M97.80M108.68M142.70M66.79M45.56M43.38M57.19M66.34M121.20M184.29M165.66M136.22M187.62M227.60M179.76M
Total Debt-312.99M317.74M393.42M414.20M372.79M239.36M201.20M250.91M269.63M334.52M908.49M753.71M823.19M952.16M1.42B1.57B1.62B
Net Debt-213.22M217.38M295.62M305.52M230.09M172.57M155.64M207.53M212.44M268.18M787.29M569.42M657.52M815.95M1.23B1.34B1.44B

Cash Flow

Currency: USD2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow57.17M57.17M81.05M115.05M80.21M102.99M116.28M45.18M87.09M109.00M115.64M99.46M107.81M291.76M167.27M105.89M280.36M285.67M453.75M
Investing Cash Flow-179.56M-179.56M-87.80M-66.13M-58.85M-61.85M-27.30M-39.90M-32.28M-130.84M-75.92M-106.20M-614.97M-142.26M-206.32M-160.80M-646.33M-323.70M-283.92M
Financing Cash Flow96.69M96.69M18.72M-51.05M-22.25M-32.14M-48.18M-24.63M-75.14M19.50M-26.33M20.44M561.14M-75.20M24.43M18.78M413.94M74.41M-233.51M
Capital Expenditure31.62M31.62M24.23M32.46M37.40M44.40M34.82M22.44M19.69M29.12M36.26M40.60M46.63M39.41M58.20M77.61M92.73M112.80M129.94M
Free Cash Flow25.55M25.55M56.81M82.59M42.81M58.60M81.45M22.74M67.40M79.88M79.38M58.86M61.18M252.35M109.06M28.28M187.63M172.88M323.81M
Dividends Paid6.95M-10.10M10.10M9.97M9.60M9.43M21.27M7.20M15.47M17.14M18.78M22.04M27.45M31.21M34.88M39.05M43.83M48.89M
FCF to OCF44.68%44.68%70.10%71.79%53.37%56.89%70.05%50.33%77.39%73.28%68.65%59.18%56.75%86.49%65.20%26.71%66.92%60.52%71.36%
Dividend Paid to FCF27.21%-17.78%12.23%23.29%16.39%11.57%93.55%10.68%19.37%21.59%31.90%36.03%10.88%28.61%123.33%20.82%25.35%15.10%

Earnings

Report DateMay 29, 2015Aug 6, 2015Oct 28, 2015Feb 10, 2016Apr 27, 2016Jul 27, 2016Oct 26, 2016Feb 12, 2017Apr 26, 2017Jul 26, 2017Oct 25, 2017Feb 7, 2018Apr 25, 2018Jul 25, 2018Oct 24, 2018Feb 6, 2019Apr 24, 2019Jul 24, 2019Oct 23, 2019Feb 5, 2020Apr 23, 2020Jul 23, 2020Oct 28, 2020Feb 9, 2021Apr 27, 2021Jul 27, 2021Oct 26, 2021Feb 15, 2022Apr 27, 2022Jul 27, 2022Oct 26, 2022Feb 7, 2023Apr 26, 2023Jul 27, 2023Oct 26, 2023Feb 6, 2024Apr 24, 2024Jul 25, 2024Oct 24, 2024Feb 5, 2025Apr 24, 2025Jul 24, 2025Oct 23, 2025Feb 4, 2026Apr 23, 2026Jul 23, 2026Oct 22, 2026
EPS Estimate-0.430.480.260.070.520.590.350.100.610.710.460.260.790.900.620.310.921.040.690.330.410.900.800.471.041.211.060.711.151.191.190.811.321.271.130.741.301.421.380.831.461.731.320.891.561.76
EPS Actual0.170.400.520.280.080.520.620.410.170.610.740.510.250.860.890.620.301.120.920.660.370.861.191.020.661.211.501.210.731.121.171.220.851.461.251.110.671.361.631.340.921.711.761.370.951.62-
Surprise--6.98%8.33%7.69%14.29%0.00%5.08%17.14%70.00%0.00%4.23%10.87%-3.85%8.86%-1.11%0.00%-3.23%21.74%-11.54%-4.35%12.12%109.76%32.22%27.50%40.43%16.35%23.97%14.15%2.82%-2.61%-1.68%2.52%4.94%10.61%-1.57%-1.77%-9.46%4.62%14.79%-2.90%10.84%17.12%1.73%3.79%6.74%3.85%-
TimingAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap5.55B
Enterprise Value7.05B
Trailing P/E35.99
Forward P/E19.46
PEG Ratio2.17
Price / Sales0.99
Price / Book4.64
EPS3.53
Book Value27.59
Revenue (TTM)5.60B
Gross Profit (TTM)1.87B
EBITDA539.50M
Profit Margin2.88%
Operating Margin7.15%
Return on Equity11.97%
Return on Assets4.95%
Shares Outstanding43.67M
Shares Float39.75M
Beta0.90
Dividend Yield0.96%
Dividend Rate1.22
Payout Ratio20.88%

Analyst Ratings

Buy
Based on 9 analystsTarget 173.88
  • Strong Buy
    3
  • Buy
    3
  • Hold
    3

Ownership Breakdown

Institutions
81.00%
Insiders
9.42%
Retail / Other
9.58%

Top Institutional Holders

  • Orbis Allan Gray Ltd
    3.97M9.09%
  • Manufacturers Life Insurance Co
    1.91M4.38%
  • HHG PLC
    1.59M3.64%
  • Mackenzie Investments
    1.47M3.37%
  • Conestoga Capital Advisors, LLC
    1.22M2.79%
  • Neuberger Berman Group LLC
    1.20M2.75%
  • Vanguard Capital Management, LLC
    1.20M2.74%
  • CIBC Global Asset Management Inc
    861.42K1.97%
  • Morgan Stanley - Brokerage Accounts
    611.55K1.40%
  • Geode Capital Management, LLC
    591.72K1.35%
  • Royal Bank of Canada
    573.42K1.31%
  • NORGES BANK
    549.66K1.26%
  • TD Asset Management Inc
    522.48K1.20%
  • Bank of Montreal
    521.64K1.19%
  • BCV Asset Management Inc.
    506.53K1.16%

Top Fund Holders

  • Janus Henderson Enterprise D
    1.07M2.46%
  • Orbis SICAV Intl Eq Inv
    667.45K1.53%
  • Neuberger Genesis Inv
    661.00K1.51%
  • Vanguard Total Intl Stock Index Inv
    612.91K1.40%
  • Orbis Optimal (US$) Fund
    585.94K1.34%

Dividends

20262×
0.30Jun 30, 20260.30Mar 31, 2026
20254×
0.28Dec 31, 20250.28Sep 30, 20250.28Jun 30, 20250.28Mar 31, 2025
20244×
0.25Dec 31, 20240.25Sep 30, 20240.25Jun 28, 20240.25Mar 27, 2024
20234×
0.23Dec 28, 20230.23Sep 28, 20230.23Jun 29, 20230.23Mar 30, 2023
20224×
0.20Dec 29, 20220.20Sep 29, 20220.20Jun 29, 20220.20Mar 30, 2022
20214×
0.18Dec 30, 20210.18Sep 29, 20210.18Jun 29, 20210.18Mar 30, 2021
20202×
0.17Dec 30, 20200.17Sep 29, 2020