FirstService (TSX:FSV) COGS-to-Revenue : 0.68 (As of Mar. 2024)

View and export this data going back to 1993. Start your Free Trial

What is FirstService COGS-to-Revenue?

FirstService's Cost of Goods Sold for the three months ended in Mar. 2024 was C$1,067 Mil. Its Revenue for the three months ended in Mar. 2024 was C$1,568 Mil.

FirstService's COGS to Revenue for the three months ended in Mar. 2024 was 0.68.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. FirstService's Gross Margin % for the three months ended in Mar. 2024 was 31.90%.

FirstService COGS-to-Revenue Historical Data

The historical data trend for FirstService's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FirstService COGS-to-Revenue Chart

FirstService Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.68

FirstService Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.69	0.67	0.68	0.68	0.68

FirstService COGS-to-Revenue Calculation

FirstService's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3953.706	/	5815.23
	=	0.68

FirstService's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1067.418	/	1567.53
	=	0.68

FirstService (TSX:FSV) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

FirstService's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1067.418 / 1567.53
	=	31.90 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

FirstService COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of FirstService's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

FirstService (TSX:FSV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » FirstService Corp (TSX:FSV) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

FSV:USA

Address

1255 Bay Street, Suite 600, Toronto, ON, CAN, M5R 2A9

Website

https://www.firstservice.com

FirstService Corp operates in two business divisions: FirstService Residential and FirstService Brands. FirstService Residential has service contracts to manage thousands of residential communities, including high-, medium-, and low-rise condominiums and co-operatives. FirstService Brands generates most of the company's revenue and provides property services to residential and commercial customers through the following brands: California Closets; Paul Davis Restoration; CertPro Painters; Pillar to Post; Floor Coverings International; College Pro Painters; and Service America. The company earns the majority of its revenue in the United States, with the remaining revenue generated in Canada.

Executives

Jay Stewart Hennick

Director