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Adjusted EBITDA by Segment
Provides a view of profitability across different segments, allowing investors to assess operational efficiency and cash flow potential without the noise of non-recurring items.FirstService Residential is the stable growth engine—consistent quarterly EBITDA gains and recent margin expansion are cushioning corporate overhead—while FirstService Brands is the source of volatility and the primary drag on consolidated EBITDA, with recent margin compression driven by Roofing’s flat organic growth, weaker Home Services lead flow and stepped-up marketing. Management’s strong cash generation and lower leverage allow selective tuck‑ins to boost Brands but near‑term organic weakness means consolidated EBITDA upside hinges on Brands stabilizing and sequential improvement in H2; watch Q3 margins and tuck‑in cadence.
Date | Corporate | FirstService Residential | FirstService Brands |
|---|---|---|---|
Jun 30, 2026 | -$3.60M | $69.35M | $95.94M |
Mar 31, 2026 | -$4.23M | $45.92M | $64.02M |
Dec 31, 2025 | -$2.39M | $51.51M | $88.50M |
Sep 30, 2025 | -$3.67M | $66.36M | $102.09M |
Jun 30, 2025 | -$3.58M | $65.50M | $95.22M |
Mar 31, 2025 | -$6.13M | $41.63M | $67.77M |
Dec 31, 2024 | -$8.85M | $46.01M | $100.70M |
Sep 30, 2024 | -$4.38M | $58.59M | $105.77M |
Jun 30, 2024 | -$4.16M | $59.09M | $77.56M |
Mar 31, 2024 | -$7.69M | $35.60M | $55.46M |