FirstService Corporation Income Statement 2025-2011 | FSV

Brief overview of revenue and earnings at FirstService Corporation

The overview follows changes across a five-year period. Revenue reported by FirstService Corporation was 2.8 billion dollars at the beginning of the period and 5.5 billion dollars at the end. The cumulative result was +98.3%, corresponding to roughly 14.7% per year. Top-line growth remained consistently strong over the period.

Gross profit was $901 million at the start and $1.8 billion at the end of the period (+105%). Revenue and direct costs changed at similar rates. Gross profit as a share of revenue changed from 32.5% to 33.6%. The gross margin stayed within a similar range.

EBITDA changed from 268 million dollars to 523 million dollars (+95.4%). There was no major divergence between EBITDA and revenue. Comparing the endpoints gives EBITDA margins of 9.7% and 9.5%. Operating profitability remained broadly stable.

Over the period, net income shifted from 110 million dollars to 191 million dollars (+74.1%). Net profit ended the five years at a local peak.

Over the period, capitalization shifted from 6.4 billion dollars to 7.2 billion dollars (+11.3%). Investors responded cautiously to the improvement in the business.

Overall conclusion

The results point to consistent and sustainable progress. Key strengths include consistent operating efficiency, a stronger gross margin and a larger revenue base. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.