FirstService Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	5,564	5,498	5,217	4,335	3,746	3,249
Revenue Growth (YoY)	4.78%	5.38%	20.36%	15.72%	15.29%	17.19%
Cost of Revenue	3,696	3,651	3,499	2,947	2,566	2,203
Gross Profit	1,867	1,846	1,718	1,388	1,180	1,046
Selling, General & Admin	1,332	1,311	1,230	993.2	846.43	733.6
Depreciation & Amortization Expenses	189.1	185.21	165.27	127.93	110.14	98.97
Other Operating Expenses	1.39	12.12	-14.4	21.52	4.52	12.02
Operating Income	345.48	338.08	337.51	244.89	219.03	201.64
Interest Expense	-69.71	-73.7	-82.85	-47.36	-25.19	-16.04
Other Non-Operating Income (Expense)	3.03	2.14	3.24	5.81	0.15	23.4
Total Non-Operating Income (Expense)	-66.68	-71.57	-79.61	-41.55	-25.05	7.36
Pretax Income	278.8	266.51	257.9	203.34	193.98	209.01
Provision for Income Taxes	78.51	75.77	70.12	56.32	48.97	52.88
Net Income	162.23	145.05	134.38	100.39	121.07	135.21
Minority Interest in Earnings	38.06	45.7	53.4	46.63	23.93	20.92
Net Income to Common	162.23	145.05	134.38	100.39	121.07	135.21
Net Income Growth	23.96%	7.94%	33.85%	-17.08%	-10.46%	54.95%
Shares Outstanding (Basic)	46	46	45	45	44	44
Shares Outstanding (Diluted)	46	46	45	45	44	44
Shares Change (YoY)	0.93%	1.05%	1.08%	0.68%	0.21%	2.82%
EPS (Basic)	3.55	3.19	2.98	2.25	2.74	3.08
EPS (Diluted)	3.54	3.17	2.97	2.24	2.72	3.05
EPS Growth	22.49%	6.73%	32.59%	-17.65%	-10.82%	50.99%
Shares Outstanding	45.98	45.72	45.27	44.68	44.23	44.01
Free Cash Flow	366.33	318.24	172.88	187.63	28.28	109.07
Free Cash Flow Growth	15.11%	84.08%	-7.86%	563.36%	-74.07%	-56.78%
Free Cash Flow Per Share	7.99	6.96	3.82	4.19	0.64	2.46
Dividends Per Share	1.130	1.100	1.000	0.900	0.810	0.730
Dividend Growth	2.73%	10.00%	11.11%	11.11%	10.96%	10.61%
Gross Margin	33.57%	33.58%	32.93%	32.01%	31.50%	32.20%
Operating Margin	6.21%	6.15%	6.47%	5.65%	5.85%	6.21%
Profit Margin	3.60%	3.47%	3.60%	3.39%	3.87%	4.81%
FCF Margin	6.58%	5.79%	3.31%	4.33%	0.76%	3.36%
EBITDA	534.58	523.29	502.78	372.83	329.17	300.61
EBITDA Margin	9.61%	9.52%	9.64%	8.60%	8.79%	9.25%
EBIT	345.48	338.08	337.51	244.89	219.03	201.64
EBIT Margin	6.21%	6.15%	6.47%	5.65%	5.85%	6.21%
Effective Tax Rate	28.16%	28.43%	27.19%	27.70%	25.25%	25.30%

Updated May 1, 2026. Data Source: Fiscal.ai. standard template. Financial Sources.

SEC Filings: 10-K · 10-Q