FirstService Corp (FSV) — Capital Reinvestment Ratio
Latest as of December 2025:
0.27x
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). See FirstService Corp free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.27x
Capex / Operating Cash Flow
Operating Cash Flow
CA$121.42 Million
CAD
Capital Expenditures
CA$32.79 Million
CAD
Data as of
Dec 2025
Most recent filing
FirstService Corp Capital Reinvestment Ratio (2007–2025)
This chart tracks FirstService Corp's Capital Reinvestment Ratio across 19 annual periods.
Annual Capital Reinvestment Ratio for FirstService Corp (2007–2025)
Year-by-year Capital Reinvestment Ratio for FirstService Corp from 2007 to 2025. For live market cap and broader valuation context, see FSV market cap.
| 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 | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow