First Advantage Corp (FA) - Net Assets
Based on the latest financial reports, First Advantage Corp (FA) has net assets worth $1.29 Billion USD as of June 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 ($2.45 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 FA strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.29 Billion |
| % of Total Assets | 34.53% |
| 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. For live market cap and overall valuation, see market cap of First Advantage Corp.
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. Also explore First Advantage Corp annual equity growth to track the company's year-over-year net asset growth rate.
| 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 |
|---|---|
|
Pepkor Holdings Ltd
JSE:PPH
|
$3.53 Billion |
|
Beijing Oriental Yuhong Waterproof Technology Co Ltd
SHE:002271
|
$3.53 Billion |
|
Kinetik Holdings Inc
NYSE:KNTK
|
$3.54 Billion |
|
Kinaxis Inc
TO:KXS
|
$3.54 Billion |
|
Bright Horizons Family Solutions Inc
NYSE:BFAM
|
$3.53 Billion |
|
Post Holdings Inc
NYSE:POST
|
$3.53 Billion |
|
QL Resources Bhd
KLSE:7084
|
$3.53 Billion |
|
GEK TERNA Holdings Real Estate Construction S.A
AT:GEKTERNA
|
$3.53 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: 2.78x
- 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 220.97x to 2.78x 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 | $21.06 | x |
| 2000-12-31 | $0.14 | $21.06 | x |
| 2001-12-31 | $1.48 | $21.06 | x |
| 2002-12-31 | $3.06 | $21.06 | x |
| 2003-12-31 | $4.99 | $21.06 | x |
| 2004-12-31 | $5.80 | $21.06 | x |
| 2005-12-31 | $10.88 | $21.06 | x |
| 2006-12-31 | $11.62 | $21.06 | x |
| 2007-12-31 | $14.95 | $21.06 | x |
| 2008-12-31 | $15.01 | $21.06 | x |
| 2019-12-31 | $-0.62 | $21.06 | x |
| 2020-12-31 | $5.20 | $21.06 | x |
| 2021-12-31 | $7.41 | $21.06 | x |
| 2022-12-31 | $7.42 | $21.06 | x |
| 2023-12-31 | $6.20 | $21.06 | x |
| 2024-12-31 | $8.80 | $21.06 | x |
| 2025-12-31 | $7.58 | $21.06 | 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: $715,161,585
- Average return on equity (ROE) among peers: 13.59%
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 | $3.53 Billion |
| ABM Industries Incorporated (ABM) | $89.60 Million | 12.39% | 1.36x | $2.89 Billion |
| Amentum Holdings Inc. (AMTM) | $4.62 Billion | 1.43% | 1.48x | $4.93 Billion |
| Rich Sparkle Holdings Limited Ordinary Shares (ANPA) | $1.71 Million | 47.14% | 1.75x | $30.35 Million |
| Aramark Holdings (ARMK) | $1.72 Billion | 8.67% | 5.09x | $15.00 Billion |
| AZZ Incorporated (AZZ) | $256.02 Million | 13.66% | 1.21x | $4.02 Billion |
| Blacksky Technology Inc (BKSY) | $-32.81 Million | 0.00% | 0.00x | $931.45 Million |
| BUUU Group Limited Class A Ordinary Share (BUUU) | $485.37K | 58.45% | 2.81x | $242.62 Million |
| BrightView Holdings (BV) | $206.46 Million | -30.59% | 0.59x | $1.01 Billion |
| Cass Information Systems Inc (CASS) | $56.60 Million | 10.95% | 7.85x | $613.37 Million |
| CBIZ Inc (CBZ) | $235.52 Million | 13.84% | 1.98x | $1.81 Billion |
About First Advantage Corp
First Advantage Corporation provides employment background screening, digital identity, and verification solutions internationally. It offers pre-onboarding products and solutions, such as criminal background checks, drug/health screening, extended workforce screening, FBI channeling, identity checks and biometric fraud mitigation tools, education/work history verification, driver records and com… Read more