First Advantage Corp (FA) - Net Assets

Latest as of March 2026: $1.29 Billion USD

Based on the latest financial reports, First Advantage Corp (FA) has net assets worth $1.29 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.75 Billion) and total liabilities ($2.46 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check First Advantage Corp tangible equity quality to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	$1.29 Billion
% of Total Assets	34.46%
Annual Growth Rate	19.65%
5-Year Change	16.01%
10-Year Change	81.59%
Growth Volatility	234.85

First Advantage Corp - Net Assets Trend (1999–2025)

This chart illustrates how First Advantage Corp's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of First Advantage Corp to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for First Advantage Corp (1999–2025)

The table below shows the annual net assets of First Advantage Corp from 1999 to 2025. For live valuation and market cap data, see First Advantage Corp market capitalisation.

Year	Net Assets	Change
2025-12-31	$1.31 Billion	+0.50%
2024-12-31	$1.31 Billion	+44.15%
2023-12-31	$906.73 Million	-19.52%
2022-12-31	$1.13 Billion	-0.50%
2021-12-31	$1.13 Billion	+42.55%
2020-12-31	$794.27 Million	+943.02%
2019-12-31	$-94.22 Million	-110.05%
2008-12-31	$937.05 Million	+0.54%
2007-12-31	$932.01 Million	+28.85%
2006-12-31	$723.35 Million	+14.72%
2005-12-31	$630.56 Million	+117.31%
2004-12-31	$290.17 Million	+20.74%
2003-12-31	$240.34 Million	-12.66%
2002-12-31	$275.19 Million	+43.31%
2001-12-31	$192.02 Million	+938.46%
2000-12-31	$18.49 Million	+49.24%
1999-12-31	$12.39 Million	--

Equity Component Analysis

This analysis shows how different components contribute to First Advantage Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 19463200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Common Stock	$174.00K	0.01%
Other Comprehensive Income	$-20.30 Million	-1.55%
Other Components	$1.53 Billion	116.35%
Total Equity	$1.31 Billion	100.00%

First Advantage Corp Competitors by Market Cap

The table below lists competitors of First Advantage Corp ranked by their market capitalization.

Company	Market Cap
Adani Wilmar Limited NSE:AWL	$2.71 Billion
China World Trade Center Co Ltd SHG:600007	$2.71 Billion
Robert Half International Inc NYSE:RHI	$2.71 Billion
Migros Ticaret AS IS:MGROS	$2.72 Billion
Siriuspoint Ltd NYSE:SPNT	$2.71 Billion
SpareBank 1 Østlandet OL:SPOL	$2.71 Billion
Mirae Asset Life Insurance Co Ltd KO:085620	$2.71 Billion
SVG Optronics Co Ltd SHE:300331	$2.70 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in First Advantage Corp's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,307,039,000 to 1,313,552,000, a change of 6,513,000 (0.5%).
Net loss of 34,824,000 reduced equity.
Dividend payments of 133,000 reduced retained earnings.
Other comprehensive income increased equity by 17,028,000.
Other factors increased equity by 24,442,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	$-34.82 Million	-2.65%
Dividends Paid	$133.00K	-0.01%
Other Comprehensive Income	$17.03 Million	+1.3%
Other Changes	$24.44 Million	+1.86%
Total Change	$-	0.50%

Book Value vs Market Value Analysis

This analysis compares First Advantage Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 2.08x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 165.67x to 2.08x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1999-12-31	$0.10	$15.79	x
2000-12-31	$0.14	$15.79	x
2001-12-31	$1.48	$15.79	x
2002-12-31	$3.06	$15.79	x
2003-12-31	$4.99	$15.79	x
2004-12-31	$5.80	$15.79	x
2005-12-31	$10.88	$15.79	x
2006-12-31	$11.62	$15.79	x
2007-12-31	$14.95	$15.79	x
2008-12-31	$15.01	$15.79	x
2019-12-31	$-0.62	$15.79	x
2020-12-31	$5.20	$15.79	x
2021-12-31	$7.41	$15.79	x
2022-12-31	$7.42	$15.79	x
2023-12-31	$6.20	$15.79	x
2024-12-31	$8.80	$15.79	x
2025-12-31	$7.58	$15.79	x

Capital Efficiency Dashboard

This dashboard shows how efficiently First Advantage Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): -2.65%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -2.21%
• Asset Turnover: 0.41x
• Equity Multiplier: 2.92x
Recent ROE (-2.65%) is below the historical average (2.96%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1999	-2.71%	-1.11%	1.95x	1.26x	$-1.57 Million
2000	0.28%	0.13%	1.45x	1.44x	$-1.80 Million
2001	8.53%	6.74%	1.03x	1.22x	$-2.82 Million
2002	10.38%	8.95%	0.96x	1.21x	$1.05 Million
2003	1.17%	1.68%	0.59x	1.18x	$-21.23 Million
2004	3.68%	4.01%	0.62x	1.49x	$-18.34 Million
2005	10.02%	9.08%	0.66x	1.68x	$141.20K
2006	9.80%	8.09%	0.75x	1.61x	$-1.33 Million
2007	15.63%	16.38%	0.68x	1.39x	$49.75 Million
2008	3.90%	4.47%	0.69x	1.27x	$-54.43 Million
2019	0.00%	7.11%	0.88x	0.00x	$43.67 Million
2020	-10.58%	-16.50%	0.29x	2.22x	$-163.45 Million
2021	1.42%	2.25%	0.38x	1.67x	$-97.17 Million
2022	5.73%	7.98%	0.43x	1.67x	$-48.06 Million
2023	4.11%	4.88%	0.47x	1.80x	$-53.38 Million
2024	-8.44%	-12.82%	0.22x	3.00x	$-240.98 Million
2025	-2.65%	-2.21%	0.41x	2.92x	$-166.18 Million

Industry Comparison

This section compares First Advantage Corp's net assets metrics with peer companies in the Specialty Business Services industry.

Industry Context

Industry: Specialty Business Services
Average net assets among peers: $900,197,446
Average return on equity (ROE) among peers: 19.44%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
First Advantage Corp (FA)	$1.29 Billion	-2.71%	1.90x	$2.71 Billion
ABM Industries Incorporated (ABM)	$322.71 Million	13.74%	0.99x	$2.55 Billion
Amentum Holdings Inc. (AMTM)	$3.30 Billion	-2.54%	0.28x	$5.24 Billion
Rich Sparkle Holdings Limited Ordinary Shares (ANPA)	$901.42K	90.05%	4.47x	$71.73 Million
Aramark Holdings (ARMK)	$2.47 Billion	15.15%	3.46x	$11.71 Billion
AZZ Incorporated (AZZ)	$853.46 Million	-6.21%	1.60x	$4.41 Billion
Blacksky Technology Inc (BKSY)	$-18.30 Million	0.00%	0.00x	$1.10 Billion
BUUU Group Limited Class A Ordinary Share (BUUU)	$1.34 Million	62.16%	0.93x	$212.02 Million
BrightView Holdings (BV)	$1.80 Billion	3.11%	0.88x	$1.16 Billion
Cass Information Systems Inc (CASS)	$243.00 Million	14.45%	9.72x	$613.37 Million
CBIZ Inc (CBZ)	$28.90 Million	4.50%	0.45x	$1.76 Billion

About First Advantage Corp

NASDAQ:FA USA Specialty Business Services

Market Cap

$2.71 Billion

Market Cap Rank

#5332 Global

#1720 in USA

Share Price

$15.79

Change (1 day)

-5.51%

52-Week Range

$8.95 - $18.40

All Time High

$21.73