To the full analysis
FirstService stock: growth
FSVFirstService reported $5.52B in revenue for fiscal 2025, up 5.8% on the prior year, up 14.8% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
7.8%
per year from 2008 to 2025, per share 5.1%
Earnings (Annual rate)
no data
Free cash flow (Annual rate)
16.1%
per year from 2008 to 2025, per share 13.2%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2008 | |
|---|---|---|---|
| Revenue | 14.8% | 15.9% | 7.8% |
| Revenue per share | 13.2% | 13.1% | 5.1% |
| Earnings | 10.8% | 21.1% | no data |
| Earnings per share | 9.2% | 18.3% | no data |
| Free cash flow | 5.1% | 17.0% | 16.1% |
| Free cash flow per share | 3.7% | 14.2% | 13.2% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2008 | $1.55B | −$32.98M | $25.55M |
| 2009 | $1.7B | −$44.85M | $56.82M |
| 2010 | $1.99B | $13.56M | $82.59M |
| 2011 | $2.22B | $74.11M | $42.81M |
| 2012 | $2.31B | $5.85M | $58.6M |
| 2013 | $2.34B | −$18.04M | $81.45M |
| 2014 | $1.13B | $12.97M | $22.74M |
| 2015 | $1.26B | $21.4M | $67.4M |
| 2016 | $1.48B | $33.6M | $79.88M |
| 2017 | $1.71B | $53.08M | $79.38M |
| 2018 | $1.93B | $65.87M | $58.86M |
| 2019 | $2.41B | −$251.61M | $61.18M |
| 2020 | $2.77B | $87.26M | $252.35M |
| 2021 | $3.25B | $135.21M | $109.07M |
| 2022 | $3.75B | $121.07M | $28.28M |
| 2023 | $4.33B | $100.39M | $187.63M |
| 2024 | $5.22B | $134.38M | $172.88M |
| 2025 | $5.52B | $145.65M | $323.81M |
Revenue by segment
How FirstService Corporation makes its money and how that has shifted. Names are as the company reports them.
- FirstService Brands58%
- FirstService Residential41%
Figures as a table
| 2024 | 2025 | Share 2025 | |
|---|---|---|---|
| FirstService Brands | $3.08B | $3.21B | 58.2% |
| FirstService Residential | $2.13B | $2.29B | 41.4% |
| Total revenue | $5.22B | $5.52B | 100% |
Revenue by region
Where FirstService Corporation generates its revenue.
- United States89%
- Canada10%
Figures as a table
| 2024 | 2025 | Share 2025 | |
|---|---|---|---|
| United States | $4.57B | $4.93B | 89.3% |
| Canada | $650.76M | $569.43M | 10.3% |
| Total revenue | $5.22B | $5.52B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 31 Aug 2021)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.