FirstService Financial Statements From 2010 to 2024

FSV Stock  USD 153.27  1.14  0.75%   
FirstService Corp financial statements provide useful quarterly and yearly information to potential FirstService Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on FirstService Corp financial statements helps investors assess FirstService Corp's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting FirstService Corp's valuation are summarized below:
Gross Profit
1.2 B
Profit Margin
0.0232
Market Capitalization
6.8 B
Enterprise Value Revenue
1.8941
Revenue
4.3 B
There are over one hundred nineteen available fundamental signals for FirstService Corp, which can be analyzed over time and compared to other ratios. All traders should should verify FirstService Corp's prevailing fundamental trends against the trends from 2010 to 2024 to make sure the company is sustainable. Market Cap is likely to climb to about 7.6 B in 2024. Enterprise Value is likely to climb to about 8.8 B in 2024

FirstService Corp Total Revenue

2.49 Billion

Check FirstService Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among FirstService main balance sheet or income statement drivers, such as Depreciation And Amortization of 73.4 M, Interest Expense of 50.6 M or Total Revenue of 2.5 B, as well as many exotic indicators such as Price To Sales Ratio of 0.9, Dividend Yield of 0.0088 or PTB Ratio of 5.79. FirstService financial statements analysis is a perfect complement when working with FirstService Corp Valuation or Volatility modules.
  
This module can also supplement FirstService Corp's financial leverage analysis and stock options assessment as well as various FirstService Corp Technical models . Check out the analysis of FirstService Corp Correlation against competitors.
For more information on how to buy FirstService Stock please use our How to Invest in FirstService Corp guide.

FirstService Corp Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding40.2 M44.8 M37.7 M
Slightly volatile
Total Assets3.8 B3.6 B1.7 B
Slightly volatile
Short and Long Term Debt Total1.5 B1.4 B607.8 M
Slightly volatile
Other Current Liabilities341.5 M325.2 M200.7 M
Pretty Stable
Total Current Liabilities452 M770.8 M413.6 M
Slightly volatile
Total Stockholder Equity1.1 BB448 M
Slightly volatile
Property Plant And Equipment Net441.3 M420.3 M188.3 M
Slightly volatile
Current Deferred Revenue186.6 M177.7 M67.7 M
Slightly volatile
Net Debt1.3 B1.2 B490.6 M
Slightly volatile
Accounts Payable112.2 M143.3 M104.7 M
Slightly volatile
Cash120.4 M205.8 M110.8 M
Slightly volatile
Non Current Assets Total2.4 B2.3 B1.1 B
Slightly volatile
Non Currrent Assets Other89.1 M84.9 M22.3 M
Slightly volatile
Cash And Short Term Investments120.4 M205.8 M110.8 M
Slightly volatile
Net Receivables893.5 M850.9 M388.1 M
Slightly volatile
Good Will1.2 B1.2 B558.7 M
Slightly volatile
Common Stock Total Equity929.8 M885.5 M406.4 M
Slightly volatile
Liabilities And Stockholders Equity3.8 B3.6 B1.7 B
Slightly volatile
Non Current Liabilities Total1.6 B1.5 B676.1 M
Slightly volatile
Inventory257.2 M244.9 M89.1 M
Slightly volatile
Other Stockholder Equity113.5 M94.8 M108.9 M
Very volatile
Total Liabilities2.4 B2.3 B1.1 B
Slightly volatile
Property Plant And Equipment Gross873.3 M831.8 M244.5 M
Slightly volatile
Total Current Assets1.4 B1.4 B655.4 M
Slightly volatile
Short Term Debt130.7 M124.5 M61.7 M
Pretty Stable
Intangible Assets320.5 M628 M299.8 M
Slightly volatile
Common Stock894 M851.4 M405.1 M
Slightly volatile
Other Liabilities86.3 M148.7 M70.9 M
Slightly volatile
Long Term Debt1.2 B1.1 B466.4 M
Slightly volatile
Short Term Investments7.4 M11.2 M7.3 M
Slightly volatile
Short and Long Term Debt32.5 M37.1 M77.1 M
Slightly volatile
Property Plant Equipment449.9 M428.4 M177.5 M
Slightly volatile
Deferred Long Term LiabilitiesM4.2 M10.2 M
Slightly volatile
Long Term Investments3.1 M3.2 M3.9 M
Slightly volatile
Long Term Debt Total919 M875.2 M457.9 M
Slightly volatile
Capital Surpluse50.1 M58.4 M47.2 M
Slightly volatile
Non Current Liabilities Other74.4 M94.6 M50.5 M
Slightly volatile
Net Invested Capital1.2 B2.2 B726.3 M
Slightly volatile
Net Working Capital361.3 M590.2 M232.1 M
Slightly volatile
Capital Stock731.6 M855.8 M394.1 M
Slightly volatile
Capital Lease Obligations204.4 M234.8 M160.7 M
Slightly volatile

FirstService Corp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization73.4 M130.3 M69.7 M
Slightly volatile
Interest Expense50.6 M48.2 M21.5 M
Slightly volatile
Total Revenue2.5 B4.4 B2.3 B
Slightly volatile
Gross Profit818.3 M1.3 B754.3 M
Slightly volatile
Other Operating Expenses2.4 B4.1 B2.2 B
Slightly volatile
Cost Of Revenue1.7 B3.1 B1.6 B
Slightly volatile
Total Operating Expenses700.5 MB643.2 M
Slightly volatile
Selling General Administrative560.6 M993.2 M457 M
Slightly volatile
Non Recurring9.9 M9.4 MM
Slightly volatile
Tax Provision39.1 M56.3 M31.7 M
Slightly volatile
Interest Income38.7 M36.9 M19.3 M
Slightly volatile
Reconciled Depreciation95.8 M127.9 M66.7 M
Slightly volatile
Extraordinary ItemsM2.3 M2.5 M
Slightly volatile

FirstService Corp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation32.7 M22.4 M44.2 M
Pretty Stable
Free Cash Flow200.6 M191.1 M90.6 M
Slightly volatile
Begin Period Cash Flow115.3 M159.3 M107.5 M
Slightly volatile
Depreciation69.9 M130.3 M66.1 M
Slightly volatile
Dividends Paid20 M39.8 M19.4 M
Slightly volatile
Capital Expenditures99.2 M94.4 M47.5 M
Slightly volatile
Total Cash From Operating Activities299.8 M285.5 M138.1 M
Slightly volatile
End Period Cash Flow125.5 M205.8 M116.7 M
Slightly volatile
Change To Netincome51.4 M57.2 M42.6 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.91.63621.1909
Slightly volatile
Dividend Yield0.00880.00550.0073
Slightly volatile
PTB Ratio5.797.08817.3408
Slightly volatile
Days Sales Outstanding41.0470.362150.7261
Slightly volatile
Book Value Per Share24.0122.867811.1344
Slightly volatile
Free Cash Flow Yield0.04640.02650.037
Slightly volatile
Invested Capital1.61.22761.4526
Slightly volatile
Operating Cash Flow Per Share6.736.40763.5284
Slightly volatile
Stock Based Compensation To Revenue0.00950.00510.0179
Pretty Stable
PB Ratio5.797.08817.3408
Slightly volatile
EV To Sales1.061.90891.3574
Slightly volatile
Free Cash Flow Per Share4.54.28822.2989
Slightly volatile
Inventory Turnover12.1512.784549.5832
Slightly volatile
Days Of Inventory On Hand29.9828.550215.2343
Slightly volatile
Payables Turnover13.621.844416.7848
Very volatile
Average Inventory194.9 M219.3 M238.8 M
Slightly volatile
Cash Per Share2.364.61932.8877
Pretty Stable
POCF Ratio17.0725.296322.7343
Slightly volatile
PFCF Ratio32.737.79944.1271
Slightly volatile
Days Payables Outstanding28.7516.709126.6178
Very volatile
EV To Operating Cash Flow20.1129.51325.866
Slightly volatile
EV To Free Cash Flow38.3244.099849.599
Slightly volatile
Intangibles To Total Assets0.380.50120.4762
Pretty Stable
Current Ratio1.191.76581.5047
Slightly volatile
Receivables Turnover8.155.18757.46
Slightly volatile
Graham Number35.7534.048320.6848
Slightly volatile
Shareholders Equity Per Share24.0122.867811.1344
Slightly volatile
Debt To Equity1.61.22761.4526
Slightly volatile
Average Receivables594.7 M669.1 M728.6 M
Slightly volatile
Revenue Per Share10499.066464.4334
Slightly volatile
Interest Debt Per Share30.6129.154615.4292
Slightly volatile
Debt To Assets0.260.34670.3327
Pretty Stable
Short Term Coverage Ratios2.182.292814.5833
Very volatile
Operating Cycle51.7798.912464.6771
Slightly volatile
Price Book Value Ratio5.797.08817.3408
Slightly volatile
Days Of Payables Outstanding28.7516.709126.6178
Very volatile
Price To Operating Cash Flows Ratio17.0725.296322.7343
Slightly volatile
Price To Free Cash Flows Ratio32.737.79944.1271
Slightly volatile
Ebt Per Ebit0.680.76330.8695
Pretty Stable
Company Equity Multiplier4.843.54034.3474
Slightly volatile
Long Term Debt To Capitalization0.620.5250.5585
Pretty Stable
Total Debt To Capitalization0.650.55110.5886
Slightly volatile
Debt Equity Ratio1.61.22761.4526
Slightly volatile
Quick Ratio0.921.3711.1485
Slightly volatile
Cash Ratio0.230.2670.2869
Very volatile
Operating Cash Flow Sales Ratio0.04340.06470.0538
Pretty Stable
Days Of Inventory Outstanding29.9828.550215.2343
Slightly volatile
Days Of Sales Outstanding41.0470.362150.7261
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.680.66920.6159
Pretty Stable
Cash Flow Coverage Ratios0.310.22830.2776
Pretty Stable
Price To Book Ratio5.797.08817.3408
Slightly volatile
Fixed Asset Turnover19.5610.501517.5471
Slightly volatile
Price Cash Flow Ratio17.0725.296322.7343
Slightly volatile
Debt Ratio0.260.34670.3327
Pretty Stable
Cash Flow To Debt Ratio0.310.22830.2776
Pretty Stable
Price Sales Ratio0.91.63621.1909
Slightly volatile
Asset Turnover1.821.22371.6578
Slightly volatile
Gross Profit Margin0.360.29060.3265
Slightly volatile
Price Fair Value5.797.08817.3408
Slightly volatile

FirstService Corp Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap7.6 B7.2 B3.6 B
Slightly volatile
Enterprise Value8.8 B8.4 BB
Slightly volatile

FirstService Fundamental Market Drivers

Forward Price Earnings30.2115
Cash And Short Term Investments205.8 M

FirstService Upcoming Events

6th of February 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
6th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About FirstService Corp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include FirstService Corp income statement, its balance sheet, and the statement of cash flows. FirstService Corp investors use historical funamental indicators, such as FirstService Corp's revenue or net income, to determine how well the company is positioned to perform in the future. Although FirstService Corp investors may use each financial statement separately, they are all related. The changes in FirstService Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on FirstService Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on FirstService Corp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in FirstService Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue177.7 M186.6 M
Total Revenue4.4 B2.5 B
Cost Of Revenue3.1 B1.7 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.00  0.00 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.02)(0.02)
Revenue Per Share 99.07  104.02 
Ebit Per Revenue 0.06  0.04 

FirstService Corp Investors Sentiment

The influence of FirstService Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in FirstService. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to FirstService Corp's public news can be used to forecast risks associated with an investment in FirstService. The trend in average sentiment can be used to explain how an investor holding FirstService can time the market purely based on public headlines and social activities around FirstService Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
FirstService Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for FirstService Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average FirstService Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on FirstService Corp.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards FirstService Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, FirstService Corp's short interest history, or implied volatility extrapolated from FirstService Corp options trading.

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When determining whether FirstService Corp is a strong investment it is important to analyze FirstService Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FirstService Corp's future performance. For an informed investment choice regarding FirstService Stock, refer to the following important reports:
Check out the analysis of FirstService Corp Correlation against competitors.
For more information on how to buy FirstService Stock please use our How to Invest in FirstService Corp guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running FirstService Corp's price analysis, check to measure FirstService Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FirstService Corp is operating at the current time. Most of FirstService Corp's value examination focuses on studying past and present price action to predict the probability of FirstService Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FirstService Corp's price. Additionally, you may evaluate how the addition of FirstService Corp to your portfolios can decrease your overall portfolio volatility.
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Is FirstService Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FirstService Corp. If investors know FirstService will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FirstService Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.84)
Dividend Share
0.9
Earnings Share
2.24
Revenue Per Share
97.282
Quarterly Revenue Growth
0.058
The market value of FirstService Corp is measured differently than its book value, which is the value of FirstService that is recorded on the company's balance sheet. Investors also form their own opinion of FirstService Corp's value that differs from its market value or its book value, called intrinsic value, which is FirstService Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FirstService Corp's market value can be influenced by many factors that don't directly affect FirstService Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FirstService Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if FirstService Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FirstService Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.