FirstService (TSX:FSV) Revenue: C$7,653 Mil (TTM As of Mar. 2026)


TSX:FSV FirstService Corp TSX:FSV
85 GF Score
Price C$207.35
GF Value C$277.54
Valuation Modestly Undervalued
! 3 Warning Signs
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What is FirstService Revenue?

FirstService TSX:FSV +0.34% 85 Revenue is C$7,653 Mil as of Mar. 2026. GuruFocus rates TSX:FSV with a GF Score™ of 85/100 and a GF Value™ of C$277.54 (Modestly Undervalued). The stock has 3 warning signs investors should review.

FirstService's revenue for the three months ended in Mar. 2026 was C$1,807 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2026 was C$7,653 Mil. FirstService's Revenue per Share for the three months ended in Mar. 2026 was C$39.37. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was C$167.00.

Warning Sign:

FirstService Corp revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of FirstService was 2.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was 13.20% per year. During the past 5 years, the average Revenue per Share Growth Rate was 16.40% per year. During the past 10 years, the average Revenue per Share Growth Rate was 13.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, FirstService's highest 3-Year average Revenue per Share Growth Rate was 21.40% per year. The lowest was -22.70% per year. And the median was 11.70% per year.


FirstService  (TSX:FSV) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


FirstService Revenue Related Terms


FirstService Revenue Historical Data

* Premium members only.

The historical data trend for FirstService's Revenue 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.

FirstService Revenue Chart

FirstService Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,158.81 5,088.72 5,815.23 7,432.51 7,583.80

FirstService Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Revenue 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 1,795.69 1,935.02 2,002.56 1,908.37 1,807.04

TSX:FSV vs CBRE, BEKE, JLL: Revenue Comparison

For the Real Estate Services subindustry, FirstService's Revenue, along with its competitors' market caps and Revenue 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 Revenue vs Real Estate Industry

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

* The bar in red indicates where FirstService's Revenue falls into.


TSX:FSV
85GF Score
FirstService Corp TSX:FSV
Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
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FirstService Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$7,653 Mil.

* 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 Revenue →
What does a Revenue of C$7,653 Mil mean?
FirstService (TSX:FSV) has a Revenue of C$7,653 Mil as of Mar. 2026. Revenue is the total amount a company generates as sales through its operations. View historical data on FirstService and its competitors.
Is FirstService's Revenue too high?
FirstService's current Revenue is C$7,653 Mil. Overall, FirstService has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FirstService's Revenue compare to CBRE and BEKE?
FirstService's Revenue of C$7,653 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Revenue for a Real Estate company?
A good Revenue depends on the Real Estate industry context. However, Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Revenue mean?
A high Revenue can signal that a stock is expensive relative to its fundamentals. Revenue is the total amount a company generates as sales through its operations. View historical data on FirstService and its competitors. FirstService's current Revenue is C$7,653 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FirstService stock overvalued right now?
Based on GuruFocus' analysis, FirstService (TSX:FSV) is currently considered Modestly Undervalued. The stock's GF Value™ is C$277.54, compared to a current price of C$207.35 — trading 25.3% below its estimated fair value. The current Revenue is C$7,653 Mil. FirstService's overall GF Score™ is 85/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Revenue calculated?
Revenue is calculated from a company's financial statements. For FirstService (TSX:FSV), the current Revenue is C$7,653 Mil 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 FirstService (TSX:FSV) Overvalued in 2026?

Based on GuruFocus' analysis, FirstService stock appears to be undervalued. The current stock price of C$207.35 is trading 25.3% below its estimated GF Value™ of C$277.54. GuruFocus considers FirstService to be Modestly Undervalued.

Key valuation signals for TSX:FSV:

  • Revenue: C$7,653 Mil
  • GF Value™: C$277.54 vs. price of C$207.35 (25.3% below fair value)
  • GF Score™: 85/100 with 3 warning signs

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


FirstService Business Description

Other Exchanges FSV:USA1GIA:Germany
Address 1255 Bay Street, Suite 600, Toronto, ON, CAN, M5R 2A9
FirstService Corp is engaged in outsourcing property services. The company operates in two business divisions: FirstService Residential and FirstService Brands. FirstService Residential has service contracts to manage thousands of residential communities, including high and low-rise condominiums and co-operatives. FirstService Brands generates the majority of the company's revenue and provides property services to residential and commercial customers through the following brands: California Closets; Paul Davis Restoration; CertaPro Painters, Floor Coverings International, and Pillar to Post Home Inspectors. The company earns the majority of its revenue in the United States, with the remaining revenue generated in Canada.
85GF Score

Get the complete analysis for TSX:FSV

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

C$207.35
Price
C$277.54
GF Value