FirstService Corporation (FSV)

FirstService Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	5,479	5,217	4,335	3,746	3,249	2,772
Revenue Growth (YoY)	11.13%	20.36%	15.72%	15.29%	17.19%	15.16%
Cost of Revenue	3,649	3,499	2,947	2,566	2,203	1,872
Gross Profit	1,831	1,718	1,388	1,180	1,046	900.62
Selling, General & Admin	1,294	1,230	993.2	846.43	733.6	628.52
Amortization of Goodwill & Intangibles	79.38	72.4	54.24	48.73	43.89	46.46
Operating Expenses	1,479	1,395	1,121	956.57	832.57	726.91
Operating Income	352.3	323.11	266.41	223.55	213.67	173.71
Interest Expense	-77.76	-82.85	-47.36	-25.19	-16.04	-24.32
Other Non Operating Income (Expenses)	3.08	3.24	1.46	0.15	3.59	0.36
EBT Excluding Unusual Items	277.63	243.5	220.5	198.5	201.22	149.76
Merger & Restructuring Charges	-10.52	14.4	-21.52	-4.52	-12.02	-4.3
Gain (Loss) on Sale of Assets	-	-	4.35	-	19.81	-
Pretax Income	267.11	257.9	203.34	193.98	209.01	145.46
Income Tax Expense	76.53	70.12	56.32	48.97	52.88	35.87
Earnings From Continuing Operations	190.58	187.77	147.02	145.01	156.13	109.59
Minority Interest in Earnings	-52.03	-53.4	-46.63	-23.93	-20.92	-22.33
Net Income	138.55	134.38	100.39	121.07	135.21	87.26
Net Income to Common	138.55	134.38	100.39	121.07	135.21	87.26
Net Income Growth	28.09%	33.85%	-17.08%	-10.46%	54.95%	-
Shares Outstanding (Basic)	45	45	45	44	44	43
Shares Outstanding (Diluted)	46	45	45	44	44	43
Shares Change (YoY)	1.37%	1.08%	0.68%	0.21%	2.82%	12.97%
EPS (Basic)	3.05	2.98	2.25	2.74	3.08	2.04
EPS (Diluted)	3.03	2.97	2.24	2.72	3.05	2.02
EPS Growth	26.06%	32.59%	-17.65%	-10.82%	50.99%	-
Free Cash Flow	288.65	172.88	187.63	28.28	109.07	252.35
Free Cash Flow Per Share	6.32	3.82	4.19	0.64	2.46	5.84
Dividend Per Share	0.250	1.000	0.900	0.810	0.730	0.660
Dividend Growth	-74.36%	11.11%	11.11%	10.96%	10.61%	10.00%
Gross Margin	33.41%	32.93%	32.01%	31.50%	32.20%	32.48%
Operating Margin	6.43%	6.19%	6.15%	5.97%	6.58%	6.27%
Profit Margin	2.53%	2.58%	2.32%	3.23%	4.16%	3.15%
Free Cash Flow Margin	5.27%	3.31%	4.33%	0.76%	3.36%	9.10%
EBITDA	536.57	488.38	394.34	333.69	312.63	272.09
EBITDA Margin	9.79%	9.36%	9.10%	8.91%	9.62%	9.81%
D&A For EBITDA	184.27	165.27	127.93	110.14	98.97	98.38
EBIT	352.3	323.11	266.41	223.55	213.67	173.71
EBIT Margin	6.43%	6.19%	6.15%	5.97%	6.58%	6.27%
Effective Tax Rate	28.65%	27.19%	27.70%	25.25%	25.30%	24.66%

Updated Oct 23, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q