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FSV logoFirstService Corporation (FSV) Earnings History

Annual and quarterly earnings data from 2009 to 2025

TTM Net Income
$146M
Profitable
TTM EPS
$3.18
Diluted
YoY EPS Growth
+6.4%
Solid
Net Margin
2.6%
Profitability
Operating Margin6.1%
Gross Margin31.8%
ROE8.3%
ROA3.4%
Highest Annual Net Income$146M (2025)
Highest Quarterly EPS$1.34 (Q3 2024)
Consecutive Profitable Years6 years
Q4 2025
Net Income$40M
EPS$0.85
QoQ Growth-30.8%Declining

Loading earnings history...

FSV EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
+6.4%
Solid
3-Year
+5.1%
Solid
5-Year
+9.4%
Solid
10-Year
+18.3%
Strong

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

FSV Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202531.8%6.1%2.6%
202432.9%6.5%2.6%
202332.0%5.6%2.3%
202231.5%5.8%3.2%
202132.2%6.2%4.2%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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FirstService Corporation (FSV) Earnings Overview

As of May 6, 2026, FirstService Corporation (FSV) reported trailing twelve-month net income of $146M, reflecting +6.4% year-over-year growth. The company earned $3.18 per diluted share over the past four quarters, with a net profit margin of 2.6%.

Looking at the long-term picture, FSV's 5-year EPS compound annual growth rate (CAGR) stands at +9.4%, showing solid earnings momentum. The company achieved its highest annual net income of $146M in fiscal 2025, representing a new all-time high.

FirstService Corporation maintains positive profitability with a gross margin of 31.8%, operating margin of 6.1%, and net margin of 2.6%. The company continues to generate positive earnings from operations. View revenue history →

Compared to peers including CBRE ($1.31B net income, 2.9% margin), JLL ($896M net income, 3.0% margin), CWK ($88M net income, 0.9% margin), FSV has room to improve margins relative to the peer group. Compare FSV vs CBRE →

FSV Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
FSV logoFSVCurrent
$146M$3.182.6%8.3%+6.4%—
CBRE logoCBRE
$1.3B$4.422.9%12.3%+22.6%
JLL logoJLL
$896M$18.743.0%10.9%+45.1%
CWK logoCWK
$88M$0.370.9%4.8%-32.1%
MMI logoMMI
-$2M$-0.05-0.3%-0.3%+84.7%
NMRK logoNMRK
$126M$0.503.8%7.7%+100.0%
Best in group
Lowest in group

FSV Historical Earnings Data (2009–2025)

17 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$146M+8.4%$336M$3.162.6%6.1%
2024$134M+33.9%$338M$2.972.6%6.5%
2023$100M-17.1%$245M$2.242.3%5.6%
2022$121M-10.5%$219M$2.723.2%5.8%
2021$135M+55.0%$202M$3.054.2%6.2%
2020$87M+134.7%$169M$2.023.1%6.1%
2019-$252M-482.0%-$174M$-5.95-10.5%-7.2%
2018$66M+24.1%$128M$1.803.4%6.6%
2017$53M+58.0%$108M$1.413.1%6.3%
2016$34M+57.0%$91M$0.922.3%6.1%

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Compare FSV vs WELL

Side-by-side business, growth, and profitability comparison vs Welltower Inc..

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FSV — Frequently Asked Questions

Quick answers to the most common questions about buying FSV stock.

Is FSV growing earnings?

FSV EPS stands at $3.18, with +6.4% growth matching the 5-year CAGR of +9.4%. TTM net income is $146M. Earnings trajectory remains consistent.

What are FSV's profit margins?

FirstService Corporation net margin is +2.6%, with operating margin at +6.1%. Below-average margins reflect competitive or cost pressures.

How consistent are FSV's earnings?

FSV earnings data spans 2009-2025. The current earnings trend is +6.4% YoY. Historical data enables comparison across business cycles.

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FSV Earnings Over Time (2014–2025)

Net income and EPS trends