FirstService (FirstService) Net Margin % : 0.58% (As of Dec. 2023)

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What is FirstService Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. FirstService's Net Income for the three months ended in Dec. 2023 was $6 Mil. FirstService's Revenue for the three months ended in Dec. 2023 was $1,079 Mil. Therefore, FirstService's net margin for the quarter that ended in Dec. 2023 was 0.58%.

The historical rank and industry rank for FirstService's Net Margin % or its related term are showing as below:

FSV' s Net Margin % Range Over the Past 10 Years
Min: -10.45 Med: 2.65 Max: 4.16
Current: 2.31

FSV's Net Margin % is ranked worse than
58.98% of 1792 companies
in the Real Estate industry
Industry Median: 5.855 vs FSV: 2.31

FirstService Net Margin % Historical Data

The historical data trend for FirstService's Net 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.

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FirstService Net Margin % Chart

FirstService Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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-10.45

3.15

4.16

3.23

2.32

FirstService Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial															3.75	1.58	4.05	2.92	0.58

Competitive Comparison of FirstService's Net Margin %

For the Real Estate Services subindustry, FirstService's Net Margin %, along with its competitors' market caps and Net 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.

FirstService's Net Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, FirstService's Net Margin % distribution charts can be found below:

* The bar in red indicates where FirstService's Net Margin % falls into.

FirstService Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

FirstService's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	100.391	/	4334.548
	=	2.32 %

FirstService's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	6.262	/	1079.26
	=	0.58 %

FirstService (NAS:FSV) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

FirstService Net Margin % Related Terms

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FirstService (FirstService) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » FirstService Corp (NAS:FSV) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

FSV:Canada

Address

1255 Bay Street, Suite 600, Toronto, ON, CAN, M5R 2A9

Website

https://www.firstservice.com

FirstService Corp operates in two business divisions: FirstService Residential and FirstService Brands. FirstService Residential has service contracts to manage thousands of residential communities, including high-, medium-, and low-rise condominiums and co-operatives. FirstService Brands generates most of the company's revenue and provides property services to residential and commercial customers through the following brands: California Closets; Paul Davis Restoration; CertPro Painters; Pillar to Post; Floor Coverings International; College Pro Painters; and Service America. The company earns the majority of its revenue in the United States, with the remaining revenue generated in Canada.