Fiera Capital (TSX:FSZ) EBITDA Margin %: 20.00% (As of Mar. 2026) — Near Median


TSX:FSZ Fiera Capital Corp TSX:FSZ
71 GF Score
Price C$5.15
GF Value C$6.43
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Fiera Capital EBITDA Margin %?

Fiera Capital TSX:FSZ -1.72% 71 EBITDA Margin % is 20.00% as of Mar. 2026, which is 7% below its 10-year median of 21.55. GuruFocus rates TSX:FSZ with a GF Score™ of 71/100 and a GF Value™ of C$6.43 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 669 Asset Management companies, Fiera Capital ranks worse than 56.2% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Fiera Capital's EBITDA for the three months ended in Mar. 2026 was C$30.5 Mil. Fiera Capital's Revenue for the three months ended in Mar. 2026 was C$152.4 Mil. Therefore, Fiera Capital's EBITDA margin for the quarter that ended in Mar. 2026 was 20.00%.


Fiera Capital  (TSX:FSZ) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Fiera Capital EBITDA Margin % Related Terms


Fiera Capital EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Fiera Capital's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fiera Capital EBITDA Margin % Chart

Fiera Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.32 20.98 28.12 22.12 25.11

Fiera Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.24 19.90 25.34 23.61 20.00

TSX:FSZ vs BLK, BX, KKR: EBITDA Margin % Comparison

For the Asset Management subindustry, Fiera Capital's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fiera Capital EBITDA Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Fiera Capital's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Fiera Capital's EBITDA Margin % falls into.


TSX:FSZ
71GF Score
Fiera Capital Corp TSX:FSZ
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fiera Capital EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Fiera Capital's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=167.326/666.382
=25.11 %

Fiera Capital's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=30.472/152.364
=20.00 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 20.00% mean?
Fiera Capital (TSX:FSZ) has a EBITDA Margin % of 20.00% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Fiera Capital and its competitors. This is near median its historical median of 21.55. Over the past decade, Fiera Capital's EBITDA Margin % has ranged from 12.18 to 28.12. According to the industry distribution chart, Fiera Capital ranks #376 out of 669 companies in the Asset Management industry, placing it in the top 56.2%.
Is Fiera Capital's EBITDA Margin % too high?
Fiera Capital's current EBITDA Margin % of 20.00% is near median its 10-year median of 21.55. Over the past 10 years, this metric has ranged from a low of 12.18 to a high of 28.12. The Asset Management industry median EBITDA Margin % is 30.11. Fiera Capital's value of 20.00% is 33.6% below this industry median. Based on the distribution chart, Fiera Capital ranks #376 out of 669 companies in the Asset Management industry, which is below the industry midpoint. Overall, Fiera Capital has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fiera Capital's EBITDA Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Fiera Capital ranks #376 out of 669 companies for EBITDA Margin %. This places Fiera Capital in the lower half of its industry. The industry median EBITDA Margin % is 30.11. Fiera Capital's value of 20.00% is 33.6% below this benchmark. Historically, Fiera Capital's own EBITDA Margin % has ranged from 12.18 to 28.12 over the past decade. While the company's 10-year median is 21.55 vs. the industry median of 30.11, Fiera Capital has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for an Asset Management company?
The median EBITDA Margin % among Asset Management companies is 30.11, based on 669 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fiera Capital's current EBITDA Margin % of 20.00% is 33.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Fiera Capital and its competitors. For the Asset Management industry, the median EBITDA Margin % is 30.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fiera Capital's current EBITDA Margin % is 20.00%, which is near median its own 10-year median of 21.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiera Capital stock overvalued right now?
Based on GuruFocus' analysis, Fiera Capital (TSX:FSZ) is currently considered Modestly Undervalued. The stock's GF Value™ is C$6.43, compared to a current price of C$5.15 — trading 19.9% below its estimated fair value. The current EBITDA Margin % is 20.00%, which is near median its 10-year median of 21.55 and 33.6% below the Asset Management industry median of 30.11. Fiera Capital's overall GF Score™ is 71/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Fiera Capital (TSX:FSZ), the current EBITDA Margin % is 20.00% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fiera Capital (TSX:FSZ) Overvalued in 2026?

Based on GuruFocus' analysis, Fiera Capital stock appears to be undervalued. The current stock price of C$5.15 is trading 19.9% below its estimated GF Value™ of C$6.43. GuruFocus considers Fiera Capital to be Modestly Undervalued.

Key valuation signals for TSX:FSZ:

  • EBITDA Margin %: 20.00% (near median its 10-year median of 21.55)
  • GF Value™: C$6.43 vs. price of C$5.15 (19.9% below fair value)
  • GF Score™: 71/100 with 8 warning signs
  • Industry Position: 33.6% below the Asset Management median (#376 of 669)

No single metric tells the full story. See the TSX:FSZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fiera Capital Business Description

Other Exchanges FRRPF:USAZFS:Germany
Address 1981 McGill College Avenue, Suite 1500, Montreal, QC, CAN, H3A 0H5
Fiera Capital Corp is an asset management firm that delivers customized and multi-asset solutions across public and private market asset classes to institutional, financial intermediary, and private wealth clients. The company's operating segment is asset management services. Its geographical segments are Canada, the United States of America, Europe, Middle East, & Africa, and Asia. The company derives the majority of its revenue from Canada.
71GF Score

Get the complete analysis for TSX:FSZ

EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$5.15
Price
C$6.43
GF Value