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). See FSV net asset quality index to measure how much of total assets are equity-financed.
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. Check FSV capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
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 | — |