First Advantage
FA
18.37
-0.12
-0.65%
First Advantage
US · FA
#2447 by market cap
Listed 2021
18.37
-0.12
-0.65%
Live - 5344 symbols - heartbeat 215s ago
· 2026-10-07 20:02
After-hours
18.37
0.00%
- Market cap
- 3.16B
- P/E (TTM)i
- 122.47
- P/Bi
- 2.44
- EPSi
- -0.20
- Div yieldi
- 0.00%
- 52W posi
- 58%
Reader sentiment
Are you bullish or bearish on FA?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 1.31, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +83.02% YoY
Margins
- Gross margin
- 45.67%
- Operating margin
- 8.41%
- Net margin
- -2.21%
Key ratios & quality
- Enterprise valuei
- 5.00B
- Altman Z-Scorei
- 1.31
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2008 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 779.96M | 481.77M | -- | 712.30M | 810.02M | 763.76M | 860.21M | 1.57B |
| Gross profit | 497.30M | 236.44M | -- | 360.13M | 401.10M | 376.98M | 411.29M | 719.08M |
| Selling & admin expenses | 274.43M | 85.08M | -- | 107.98M | 116.64M | 116.73M | 263.94M | 236.18M |
| Research & development | -- | 33.24M | -- | 45.51M | 51.93M | 49.26M | 63.82M | 101.85M |
| Operating profit | 93.57M | 92.17M | -- | 63.82M | 94.28M | 81.52M | -62.38M | 132.47M |
| Pretax profit | 70.17M | 41.15M | -- | 24.91M | 85.08M | 48.48M | -114.62M | -37.25M |
| Tax | 37.08M | 6.90M | -- | 8.86M | 20.48M | 11.18M | -4.34M | -2.43M |
| Net profit | 33.09M | 34.25M | -- | 16.05M | 64.60M | 37.29M | -110.27M | -34.82M |
| Basic EPS | 1 | 0 | -- | 0 | 0 | 0 | -1 | 0 |
| Diluted EPS | 0.59 | 0.21 | -- | 0.11 | 0.43 | 0.26 | -0.74 | -0.20 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 354.59M | 390.63M | 409.15M | 420.02M | 385.20M | 448.76M |
| Gross profit | 162.02M | 182.79M | 187.11M | 187.16M | 173.79M | 203.99M |
| Selling & admin expenses | 65.59M | 57.47M | 57.46M | 55.66M | 53.48M | 57.81M |
| Research & development | 27.16M | 25.68M | 25.14M | 23.89M | 24.61M | 27.27M |
| Operating profit | 7.62M | 37.74M | 42.24M | 44.87M | 33.52M | 57.02M |
| Pretax profit | -38.96M | -7.30M | 1.80M | 7.22M | 3.31M | 25.06M |
| Tax | 2.23M | -7.61M | -798.00K | 3.75M | 1.14M | 8.14M |
| Net profit | -41.19M | 308.00K | 2.59M | 3.47M | 2.17M | 16.91M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | -0.24 | 0.00 | 0.01 | 0.02 | 0.01 | 0.10 |
Balance sheet
| Line item | 2008 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 205.64M | 185.90M | 277.78M | 466.16M | 566.20M | 373.74M | 475.99M | 561.70M |
| Cash & ST investments | 52.36M | 81.95M | 154.09M | 293.58M | 393.61M | 213.77M | 168.69M | 240.00M |
| Inventory | -- | -- | -- | -- | -- | -- | -- | -- |
| Total assets | 1.14B | 544.73M | 1.76B | 1.89B | 1.89B | 1.63B | 3.92B | 3.83B |
| Total current liabilities | 102.80M | 78.43M | 97.84M | 109.31M | 100.79M | 85.04M | 250.69M | 230.46M |
| Short-term debt | 9.89M | -- | 6.70M | -- | 4.96M | 3.35M | 26.10M | 3.57M |
| Long-term debt | 22.94M | 540.84M | 778.61M | 554.85M | 556.65M | 558.46M | 2.12B | 2.08B |
| Total liabilities | 198,715,000.00 | 638,950,000.00 | 969,421,000.00 | 754,343,000.00 | 759,207,000.00 | 723,921,000.00 | 2,615,854,000.00 | 2,520,250,000.00 |
| Total equity | 937.05M | -94.22M | 794.27M | 1.13B | 1.13B | 906.73M | 1.31B | 1.31B |
| Retained earnings | 390.60M | -201.23M | -47.49M | -31.44M | -27.36M | -49.55M | -159.81M | -194.63M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 471.80M | 502.85M | 542.43M | 561.70M | 539.32M | 581.05M |
| Cash & ST investments | 171.99M | 184.26M | 216.85M | 240.00M | 225.91M | 237.90M |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 3.87B | 3.87B | 3.86B | 3.83B | 3.75B | 3.75B |
| Total current liabilities | 241.00M | 253.39M | 239.83M | 230.46M | 203.50M | 229.94M |
| Short-term debt | 25.71M | 25.69M | 3.67M | 3.57M | 3.37M | 3.13M |
| Long-term debt | 2.12B | 2.10B | 2.10B | 2.08B | 2.06B | 2.03B |
| Total liabilities | 2,592,936,000.00 | 2,572,049,000.00 | 2,554,865,000.00 | 2,520,250,000.00 | 2,460,380,000.00 | 2,453,292,000.00 |
| Total equity | 1.28B | 1.30B | 1.30B | 1.31B | 1.29B | 1.29B |
| Retained earnings | -201.00M | -200.69M | -198.10M | -194.63M | -212.15M | -214.11M |
Cash flow
| Line item | 2008 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 66.30M | 71.58M | -- | 148.68M | 212.77M | 162.82M | 28.20M | 195.13M |
| Depreciation & amortization | 42.59M | 25.95M | -- | 142.82M | 138.25M | 129.47M | 145.92M | 248.58M |
| Free cash flow | 31.02M | 54.88M | -- | 124.88M | 184.24M | 135.12M | -4.07M | 140.87M |
| Dividends paid | -- | 0 | -- | -313.00K | 0 | -217.74M | -255.00K | -133.00K |
| Stock buybacks / issuance | -- | 0 | -- | 320.80M | -60.53M | -58.99M | 0 | 0 |
| Ending cash balance | 52.36M | 80.75M | -- | 292.79M | 391.80M | 213.91M | 169.48M | 240.08M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 19.47M | 37.35M | 72.37M | 65.94M | 49.43M | 73.60M |
| Depreciation & amortization | 61.67M | 61.91M | 62.27M | 62.74M | 62.19M | 61.89M |
| Free cash flow | 8.36M | 24.56M | 58.88M | 49.07M | 33.42M | 54.07M |
| Dividends paid | -11.00K | -92.00K | -8.00K | -22.00K | -10.00K | -69.00K |
| Stock buybacks / issuance | 0 | 0 | -- | -- | -19.49M | -18.69M |
| Ending cash balance | 172.79M | 184.35M | 216.93M | 240.08M | 226.02M | 238.01M |
Returns & efficiency
| Line item | 2008 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 3.92 | -- | -- | 1.67 | 5.72 | 3.67 | -9.96 | -2.66 |
| ROA %i | 2.94 | 6.29 | -- | 0.88 | 3.43 | 2.12 | -3.97 | -0.90 |
| ROIC %i | 3.90 | -- | -- | 1.97 | 4.23 | 3.96 | -2.45 | 3.58 |
| 5-year avg ROE %i | 11.34 | -- | -- | -- | -- | -- | -- | -0.31 |
| EBIT margin %i | 9.32 | 19.33 | -- | 7.02 | 11.64 | 10.67 | -7.30 | 8.35 |
| FCF / sales %i | 3.98 | 11.39 | -- | 17.53 | 22.75 | 17.69 | -- | 8.95 |
| Current ratioi | 2.00 | 2.37 | 2.84 | 4.26 | 5.62 | 4.39 | 1.90 | 2.44 |
| Quick ratioi | 1.69 | 2.27 | 2.75 | 4.13 | 5.36 | 4.24 | 1.77 | 2.37 |
| Debt / assetsi | 2.89 | 99.29 | 44.53 | 29.41 | 30.20 | 34.82 | 54.97 | 54.49 |
| LT debt / equityi | 2.57 | -- | 98.03 | 49.00 | 50.11 | 62.24 | 163.00 | 158.77 |
| Interest coveragei | 28.54 | 1.79 | -- | 1.99 | 10.25 | 2.47 | -1.21 | 0.78 |
| Revenue CAGR (3Y) %i | 7.45 | -3.80 | -- | -0.70 | 18.91 | -- | 6.49 | 24.80 |
| Net income CAGR (3Y) %i | -15.82 | -4.94 | -- | -5.79 | 23.56 | -- | -- | -- |
| FCF CAGR (3Y) %i | -16.46 | -0.69 | -- | 11.30 | 49.74 | -- | -- | -8.56 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | -13.59 | -13.57 | -12.48 | -2.66 | 0.66 | 1.94 |
| ROA %i | -5.40 | -5.45 | -5.03 | -0.90 | 0.22 | 0.66 |
| ROIC %i | -2.21 | -1.03 | 0.22 | 3.58 | 2.94 | 3.50 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | -5.21 | -2.15 | 0.40 | 8.35 | 9.78 | 10.59 |
| FCF / sales %i | -- | -- | -- | 8.95 | 10.34 | 11.75 |
| Current ratioi | 1.96 | 1.98 | 2.26 | 2.44 | 2.65 | 2.53 |
| Quick ratioi | 1.83 | 1.88 | 2.17 | 2.37 | 2.54 | 2.41 |
| Debt / assetsi | 55.56 | 55.21 | 54.80 | 54.49 | 55.01 | 54.47 |
| LT debt / equityi | 166.20 | 162.54 | 162.07 | 158.77 | 159.36 | 157.50 |
| Interest coveragei | -0.57 | -0.20 | 0.04 | 0.78 | 1.03 | 1.27 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Lead segment, long tail
- Sterling is the largest reported line at 49.43% of revenue, across 4 reported segments.
- First Advantage Americas follows at 44.84%, so the top line still matters most but isn’t the whole story.
Revenue breakdown most recent period
Business
Sterling49.43%
First Advantage Americas44.84%
First Advantage International6.12%
Quote time 2026-10-07 20:02:47 · For reference only, not investment advice and not tailored to your situation.