FirstService Corp (FSV) — Cash Flow Quality Index

Latest as of December 2025: 3.07x

FirstService Corp (FSV) has a Cash Flow Quality Index of 3.07x as of December 2025. Operating cash flow of CA$121.42 Million exceeds net income of CA$39.58 Million, indicating high earnings quality where cash backs reported profits. Explore FirstService Corp cash flow conversion to assess how effectively this company generates cash.

Cash Flow Quality Index

3.07x
Operating CF / Net Income

Operating Cash Flow

CA$121.42 Million
CAD

Net Income

CA$39.58 Million
CAD

Data as of

Dec 2025
Most recent filing

FirstService Corp Cash Flow Quality Index (2007–2025)

Historical Cash Flow Quality Index for FirstService Corp across 17 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check FirstService Corp cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for FirstService Corp (2007–2025)

Year-by-year earnings quality comparison for FirstService Corp. For live market cap and the full company financial profile, see FSV market cap.

Year Quality Index Operating CF (CAD) Net Income YoY Change
2025 3.07x CA$453.75 Million CA$147.59 Million ▲ +102.1%
2024 1.52x CA$285.67 Million CA$187.77 Million ▼ -45.5%
2023 2.79x CA$285.50 Million CA$102.23 Million ▲ +282.4%
2022 0.73x CA$105.89 Million CA$145.01 Million ▼ -31.8%
2021 1.07x CA$167.27 Million CA$156.13 Million ▼ -59.8%
2020 2.66x CA$291.76 Million CA$109.59 Million ▲ +141.7%
2018 1.10x CA$99.46 Million CA$90.28 Million ▼ -27.0%
2017 1.51x CA$115.64 Million CA$76.67 Million ▼ -25.0%
2016 2.01x CA$109.00 Million CA$54.24 Million ▼ -11.9%
2015 2.28x CA$87.09 Million CA$38.20 Million ▲ +32.2%
2014 1.72x CA$45.18 Million CA$26.19 Million ▼ -38.2%
2013 2.79x CA$116.28 Million CA$41.64 Million ▲ +11.0%
2012 2.52x CA$102.99 Million CA$40.93 Million ▲ +219.1%
2011 0.79x CA$80.21 Million CA$101.74 Million ▼ -67.2%
2010 2.40x CA$115.05 Million CA$47.90 Million ▲ +119.6%
2008 1.09x CA$57.17 Million CA$52.28 Million ▲ +0.0%
2007 1.09x CA$57.17 Million CA$52.28 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.