FirstService Corp (FSV) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.089x

Based on the latest financial reports, FirstService Corp (FSV) has a cash flow conversion efficiency ratio of 0.089x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$121.42 Million ≈ $87.83 Million USD) by net assets (CA$1.37 Billion ≈ $989.74 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See FSV net asset value for net asset value and shareholders' equity analysis.

FirstService Corp - Cash Flow Conversion Efficiency Trend (2009–2025)

This chart illustrates how FirstService Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. For the full company profile with market capitalisation and key ratios, see FirstService Corp market capitalisation.

FirstService Corp Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of FirstService Corp ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Innolux Corp TW:3481	0.028x
BNP Paribas Bank Polska S.A. WAR:BNP	-0.032x
Sam Chun Dang Pharm. Co. Ltd KQ:000250	-0.043x
Hyundai Mipo Dockyard KO:010620	0.085x
Shan Dong Sun Paper Industry Joint Stock Co Ltd SHE:002078	0.048x
Leader Harmonious Drive Systems Co Ltd SHG:688017	0.022x
Definity Financial Corp TO:DFY	0.053x
Nexans S.A. PA:NEX	0.212x

Annual Cash Flow Conversion Efficiency for FirstService Corp (2009–2025)

The table below shows the annual cash flow conversion efficiency of FirstService Corp from 2009 to 2025. Read how much debt does FirstService Corp carry for a breakdown of total debt and financial obligations.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CA$1.37 Billion ≈ $989.74 Million	CA$453.75 Million ≈ $328.23 Million	0.332x	+90.05%
2024-12-31	CA$1.64 Billion ≈ $1.18 Billion	CA$285.67 Million ≈ $206.65 Million	0.175x	-17.05%
2023-12-31	CA$1.36 Billion ≈ $981.71 Million	CA$285.50 Million ≈ $206.53 Million	0.210x	+126.66%
2022-12-31	CA$1.14 Billion ≈ $825.31 Million	CA$105.89 Million ≈ $76.60 Million	0.093x	-43.46%
2021-12-31	CA$1.02 Billion ≈ $737.03 Million	CA$167.27 Million ≈ $121.00 Million	0.164x	-51.98%
2020-12-31	CA$853.43 Million ≈ $617.36 Million	CA$291.76 Million ≈ $211.06 Million	0.342x	+90.44%
2019-12-31	CA$600.55 Million ≈ $434.43 Million	CA$107.81 Million ≈ $77.99 Million	0.180x	-57.36%
2018-12-31	CA$236.23 Million ≈ $170.88 Million	CA$99.46 Million ≈ $71.95 Million	0.421x	-26.00%
2017-12-31	CA$203.23 Million ≈ $147.02 Million	CA$115.64 Million ≈ $83.65 Million	0.569x	-5.51%
2016-12-31	CA$181.03 Million ≈ $130.95 Million	CA$109.00 Million ≈ $78.85 Million	0.602x	+15.48%
2015-12-31	CA$167.03 Million ≈ $120.82 Million	CA$87.09 Million ≈ $63.00 Million	0.521x	+176.62%
2014-12-31	CA$239.68 Million ≈ $173.38 Million	CA$45.18 Million ≈ $32.68 Million	0.188x	-23.63%
2013-12-31	CA$471.12 Million ≈ $340.80 Million	CA$116.28 Million ≈ $84.11 Million	0.247x	-6.08%
2012-12-31	CA$391.90 Million ≈ $283.50 Million	CA$102.99 Million ≈ $74.50 Million	0.263x	+26.14%
2011-12-31	CA$385.02 Million ≈ $278.52 Million	CA$80.21 Million ≈ $58.03 Million	0.208x	-32.35%
2010-12-31	CA$373.61 Million ≈ $270.26 Million	CA$115.05 Million ≈ $83.23 Million	0.308x	+25.46%
2009-12-31	CA$330.20 Million ≈ $238.86 Million	CA$81.05 Million ≈ $58.63 Million	0.245x	--

About FirstService Corp

TO:FSV Canada Real Estate Services

Market Cap

$6.02 Billion

CA$8.32 Billion CAD

Market Cap Rank

#3168 Global

#104 in Canada

Share Price

CA$182.01

Change (1 day)

-0.81%

52-Week Range

CA$182.01 - CA$288.17

All Time High

CA$288.17