FirstService Corporation (FSV) Income Statement Analysis

See more : SSE plc (SSE.L) Income Statement Analysis – Financial Results

Complete financial analysis of FirstService Corporation (FSV) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of FirstService Corporation, a leading company in the Real Estate – Services industry within the Real Estate sector.

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FirstService Corporation (FSV)

Industry: Real Estate - Services

Sector: Real Estate

Website: https://www.firstservice.com

About FirstService Corporation

FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. The company operates in two segments, FirstService Residential and FirstService Brands. The FirstService Residential segment offers property management services for private residential communities, such as condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and various other residential developments. This segment also provides a range of ancillary services, including on-site staffing for building engineering and maintenance, full-service swimming pool and amenity management, and security and concierge/front desk; and financial services comprising cash management, other banking transaction-related, and specialized property insurance brokerage. In addition, this segment offers energy management solutions and advisory services, and resale processing services. The FirstService Brands segment operates and provides essential property services to residential and commercial customers, through five franchise networks; and company-owned locations, including 20 California Closets, 12 Paul Davis Restoration, and 1 CertaPro Painters locations. It provides residential and commercial restoration, painting, and floor coverings design and installation services; custom-designed and installed closet, and home storage solutions; home inspection services; and fire protection and related services. This segment offers its services primarily under the Paul Davis Restoration, First Onsite Restoration, Century Fire Protection, CertaPro Painters, California Closets, Pillar to Post Home Inspectors, and Floor Coverings International brand names. FirstService Corporation was founded in 1989 and is headquartered in Toronto, Canada.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue	4.33B	3.75B	3.25B	2.77B	2.41B	1.93B	1.71B	1.48B	1.26B	1.13B	2.34B	2.31B	2.22B	1.99B	1.70B	1.55B
Cost of Revenue	2.95B	2.57B	2.20B	1.87B	1.63B	1.32B	1.19B	1.05B	883.96M	800.05M	1.51B	1.52B	1.44B	1.22B	1.06B	917.83M
Gross Profit	1.39B	1.18B	1.05B	900.62M	773.31M	611.22M	516.08M	432.80M	380.11M	331.96M	833.75M	787.50M	787.96M	764.95M	640.82M	631.89M
Gross Profit Ratio	32.01%	31.50%	32.20%	32.48%	32.12%	31.65%	30.26%	29.19%	30.07%	29.32%	35.58%	34.16%	35.43%	38.51%	37.62%	40.77%
Research & Development	0.00	0.05	0.06	0.05	-0.08	0.06	0.06	0.06	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling & Marketing	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	993.20M	846.43M	733.60M	628.52M	546.26M	426.38M	358.24M	305.22M	279.24M	258.68M	661.03M	639.28M	634.32M	620.40M	526.67M	516.09M
Other Expenses	149.45M	110.14M	98.97M	98.38M	393.94M	254.00K	1.52M	232.00K	-60.00K	-255.00K	424.00K	1.21M	50.93M	47.89M	46.38M	37.67M
Operating Expenses	1.14B	956.57M	832.57M	726.91M	940.19M	479.15M	400.29M	342.19M	308.22M	285.15M	733.02M	692.78M	685.25M	668.29M	573.05M	553.76M
Cost & Expenses	4.09B	3.52B	3.04B	2.60B	2.57B	1.80B	1.59B	1.39B	1.19B	1.09B	2.24B	2.21B	2.12B	1.89B	1.64B	1.47B
Interest Income	0.00	25.19M	16.04M	24.32M	32.08M	0.00	0.00	0.00	0.00	0.00	1.05M	1.02M	1.17M	950.00K	1.42M	3.47M
Interest Expense	47.36M	25.19M	16.04M	24.32M	32.08M	12.62M	9.87M	9.15M	9.08M	6.93M	22.55M	20.62M	17.98M	18.35M	13.92M	16.86M
Depreciation & Amortization	127.93M	3.38B	3.01B	2.74B	2.63B	1.71B	1.67B	1.38B	28.98M	26.47M	75.35M	53.50M	50.93M	47.89M	46.38M	37.67M
EBITDA	394.34M	333.69M	312.63M	272.09M	0.00	184.84M	155.18M	127.58M	100.88M	73.28M	76.38M	137.34M	101.99M	145.50M	117.11M	121.56M
EBITDA Ratio	9.10%	8.91%	10.34%	9.83%	-3.38%	9.58%	9.34%	8.62%	7.98%	6.45%	7.62%	6.58%	6.96%	7.33%	6.88%	7.84%
Operating Income	244.89M	219.03M	201.64M	169.41M	-166.88M	127.57M	107.63M	90.55M	70.75M	45.62M	90.23M	78.40M	102.71M	96.66M	67.76M	78.12M
Operating Income Ratio	5.65%	5.85%	6.21%	6.11%	-6.93%	6.60%	6.31%	6.11%	5.60%	4.03%	3.85%	3.40%	4.62%	4.87%	3.98%	5.04%
Total Other Income/Expenses	-41.55M	-25.05M	7.36M	-23.96M	-26.07M	-12.37M	-8.35M	-8.92M	-9.14M	-7.19M	-12.85M	-32.73M	-23.12M	-19.53M	-35.98M	-8.74M
Income Before Tax	203.34M	193.98M	209.01M	145.46M	-200.48M	115.20M	99.28M	81.63M	61.61M	38.43M	70.26M	61.24M	74.94M	77.13M	31.79M	69.39M
Income Before Tax Ratio	4.69%	5.18%	6.43%	5.25%	-8.33%	5.96%	5.82%	5.50%	4.87%	3.40%	3.00%	2.66%	3.37%	3.88%	1.87%	4.48%
Income Tax Expense	56.32M	48.97M	52.88M	35.87M	27.15M	24.92M	22.61M	27.39M	23.41M	12.24M	22.62M	20.30M	-26.81M	29.23M	39.07M	17.11M
Net Income	100.39M	121.07M	135.21M	87.26M	-227.63M	65.87M	53.08M	33.60M	21.40M	12.97M	-18.04M	5.85M	74.11M	13.56M	-44.85M	-32.98M
Net Income Ratio	2.32%	3.23%	4.16%	3.15%	-9.46%	3.41%	3.11%	2.27%	1.69%	1.15%	-0.77%	0.25%	3.33%	0.68%	-2.63%	-2.13%
EPS	2.24	2.63	3.06	2.15	-5.95	1.83	1.43	0.93	0.59	0.36	-0.50	-0.12	2.13	0.12	-1.52	-1.10
EPS Diluted	2.24	2.61	3.02	2.13	-5.95	1.80	1.41	0.92	0.59	0.36	-0.50	-0.12	2.10	0.11	-1.52	-1.08
Weighted Avg Shares Out	44.82M	44.18M	43.84M	42.76M	38.23M	35.95M	35.91M	35.97M	36.01M	35.97M	35.97M	30.03M	30.09M	30.08M	29.44M	29.90M
Weighted Avg Shares Out (Dil)	44.79M	44.49M	44.40M	43.18M	38.23M	36.57M	36.56M	36.37M	36.43M	36.36M	36.31M	30.38M	30.55M	30.37M	29.52M	30.55M

FirstService (FSV) Hits 52-Week High, Can the Run Continue?

October 20, 2021zacks.com

FirstService (FSV) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Looking for a Growth Stock? 3 Reasons Why FirstService (FSV) is a Solid Choice

October 15, 2021zacks.com

FirstService (FSV) possesses solid growth attributes, which could help it handily outperform the market.

FirstService to Announce Third Quarter Results on October 26, 2021

October 13, 2021globenewswire.com

TORONTO, Oct. 13, 2021 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that it will release its financial results for the third quarter ended September 30, 2021 by press release on Tuesday October 26, 2021 at...

FirstService Residential Extends Market Leadership Position in Florida

September 29, 2021globenewswire.com

Acquires Atlantic Pacific Association Management Acquires Atlantic Pacific Association Management

FirstService (FSV) Surges 5.4%: Is This an Indication of Further Gains?

September 16, 2021zacks.com

FirstService (FSV) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

FirstService Declares Quarterly Cash Dividend On Common Shares

September 15, 2021globenewswire.com

TORONTO, Sept. 15, 2021 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV; NASDAQ: FSV) ("FirstService") announced today that its Board of Directors has declared a quarterly cash dividend on the outstanding Common shares of US$0.1825 per Common Share. The dividend is...

First Onsite Expands Presence Within Key Tri-State Region

September 14, 2021globenewswire.com

Adds New Jersey-Based Insurance Restoration Specialists Adds New Jersey-Based Insurance Restoration Specialists

First Onsite Property Restoration Further Broadens Geographic Footprint

August 19, 2021globenewswire.com

Acquires Complete DKI and Moore Restoration Acquires Complete DKI and Moore Restoration

FirstService Announces Normal Course Issuer Bid

August 17, 2021globenewswire.com

TORONTO, Aug. 17, 2021 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by FirstService of its intention to make a normal course issuer bid...