FirstService Return on Equity (ROE) Growth & History (FSV)
FirstService's return on equity was 14.88% for fiscal 2025.
View full FirstService company overviewFirstService annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 14.88% | −2.10 pp |
| 2024 | 2024-12-31 | 16.98% | +1.76 pp |
| 2023 | 2023-12-31 | 15.22% | −1.77 pp |
| 2022 | 2022-12-31 | 16.99% | −4.40 pp |
| 2021 | 2021-12-31 | 21.39% | +1.21 pp |
| 2020 | 2020-12-31 | 20.18% | +88.94 pp |
| 2019 | 2019-12-31 | −68.76% | −110.90 pp |
| 2018 | 2018-12-31 | 42.14% | +12.97 pp |
| 2017 | 2017-12-31 | 29.16% | +9.33 pp |
| 2016 | 2016-12-31 | 19.84% | +6.70 pp |
| 2015 | 2015-12-31 | 13.13% | +5.21 pp |
| 2014 | 2014-12-31 | 7.92% | — |
FirstService quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 3.42% | −0.36 pp |
| Q1 2026 | 2026-03-31 | 1.43% | — |
| Q4 2025 | 2025-12-31 | 2.87% | — |
| Q3 2025 | 2025-09-30 | 4.41% | — |
| Q2 2025 | 2025-06-30 | 3.78% | — |
FirstService return on equity trends
Over the last five fiscal years, FirstService's return on equity decreased from 20.18% to 14.88%, a change of −5.30 percentage points. The latest reported quarter, Q2 2026, shows 3.42%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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