FirstService Corp (FSV) — Capital Reinvestment Ratio
FirstService Corp (FSV) has a Capital Reinvestment Ratio of 0.27x as of December 2025, meaning it reinvests 0% of its operating cash flow (CA$121.42 Million) in capital expenditures (CA$32.79 Million). Check FSV tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
FirstService Corp Capital Reinvestment Ratio (2007–2025)
This chart tracks FirstService Corp's Capital Reinvestment Ratio across 19 annual periods. For the full cash flow conversion analysis, see FirstService Corp (FSV) cash conversion ratio.
Annual Capital Reinvestment Ratio for FirstService Corp (2007–2025)
Year-by-year Capital Reinvestment Ratio for FirstService Corp from 2007 to 2025. See FirstService Corp free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.29x | CA$453.75 Million | CA$129.94 Million | ▼ -27.5% |
| 2024 | 0.39x | CA$285.67 Million | CA$112.80 Million | ▲ +21.6% |
| 2023 | 0.32x | CA$285.50 Million | CA$92.73 Million | ▼ -55.7% |
| 2022 | 0.73x | CA$105.89 Million | CA$77.61 Million | ▲ +110.6% |
| 2021 | 0.35x | CA$167.27 Million | CA$58.20 Million | ▲ +157.6% |
| 2020 | 0.14x | CA$291.76 Million | CA$39.41 Million | ▼ -68.8% |
| 2019 | 0.43x | CA$107.81 Million | CA$46.63 Million | ▲ +6.0% |
| 2018 | 0.41x | CA$99.46 Million | CA$40.60 Million | ▲ +30.2% |
| 2017 | 0.31x | CA$115.64 Million | CA$36.26 Million | ▲ +17.4% |
| 2016 | 0.27x | CA$109.00 Million | CA$29.12 Million | ▲ +18.1% |
| 2015 | 0.23x | CA$87.09 Million | CA$19.69 Million | ▼ -54.5% |
| 2014 | 0.50x | CA$45.18 Million | CA$22.44 Million | ▲ +65.8% |
| 2013 | 0.30x | CA$116.28 Million | CA$34.82 Million | ▼ -30.5% |
| 2012 | 0.43x | CA$102.99 Million | CA$44.40 Million | ▼ -7.5% |
| 2011 | 0.47x | CA$80.21 Million | CA$37.40 Million | ▲ +65.3% |
| 2010 | 0.28x | CA$115.05 Million | CA$32.46 Million | ▼ -5.6% |
| 2009 | 0.30x | CA$81.05 Million | CA$24.23 Million | ▼ -45.9% |
| 2008 | 0.55x | CA$57.17 Million | CA$31.62 Million | ▲ +0.0% |
| 2007 | 0.55x | CA$57.17 Million | CA$31.62 Million | — |