FirstService Corp (FSV) — Financial Flexibility Index
FirstService Corp (FSV) has a Financial Flexibility Index of 0.05x as of December 2025. Free cash flow of CA$154.21 Million (operating CF CA$121.42 Million minus capex CA$32.79 Million) represents 0% of total liabilities (CA$2.91 Billion). Check FSV capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
FirstService Corp Financial Flexibility Index (2009–2025)
Historical Financial Flexibility Index trend for FirstService Corp across 17 annual periods. For the full cash flow conversion analysis, see FSV operating cash flow.
Annual Financial Flexibility Index for FirstService Corp (2009–2025)
Year-by-year free cash flow to debt coverage for FirstService Corp. Explore FirstService Corp debt service capacity to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (CAD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.20x | CA$583.69 Million | CA$453.75 Million | CA$2.91 Billion | ▲ +28.9% |
| 2024 | 0.16x | CA$398.47 Million | CA$285.67 Million | CA$2.56 Billion | ▼ -6.6% |
| 2023 | 0.17x | CA$378.24 Million | CA$285.50 Million | CA$2.27 Billion | ▲ +48.4% |
| 2022 | 0.11x | CA$183.50 Million | CA$105.89 Million | CA$1.63 Billion | ▼ -25.8% |
| 2021 | 0.15x | CA$225.47 Million | CA$167.27 Million | CA$1.49 Billion | ▼ -38.6% |
| 2020 | 0.25x | CA$331.18 Million | CA$291.76 Million | CA$1.34 Billion | ▲ +116.1% |
| 2019 | 0.11x | CA$154.44 Million | CA$107.81 Million | CA$1.35 Billion | ▼ -37.2% |
| 2018 | 0.18x | CA$140.06 Million | CA$99.46 Million | CA$771.25 Million | ▼ -24.1% |
| 2017 | 0.24x | CA$151.89 Million | CA$115.64 Million | CA$634.50 Million | ▲ +2.2% |
| 2016 | 0.23x | CA$138.13 Million | CA$109.00 Million | CA$589.94 Million | ▼ -5.0% |
| 2015 | 0.25x | CA$106.78 Million | CA$87.09 Million | CA$433.46 Million | ▲ +36.9% |
| 2014 | 0.18x | CA$67.62 Million | CA$45.18 Million | CA$375.87 Million | ▲ +15.8% |
| 2013 | 0.16x | CA$151.10 Million | CA$116.28 Million | CA$972.39 Million | ▼ -2.4% |
| 2012 | 0.16x | CA$147.39 Million | CA$102.99 Million | CA$926.01 Million | ▲ +14.9% |
| 2011 | 0.14x | CA$117.61 Million | CA$80.21 Million | CA$848.70 Million | ▼ -29.0% |
| 2010 | 0.20x | CA$147.51 Million | CA$115.05 Million | CA$755.93 Million | ▲ +25.9% |
| 2009 | 0.15x | CA$105.28 Million | CA$81.05 Million | CA$679.33 Million | — |