First Advantage Corporation

FANASDAQIndustrials● Active

$15.90

+$0.02(+0.14%)

Market Cap$2.7B

P/E Ratio—

52W High$19.01

52W Low$8.82

Avg Volume1.1M

Open$15.69

Beta1.22

Overview

First Advantage Corporation (FA) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

FA · free cash flow · updated Jun 8, 2026

Core FCF metrics

FA · FCF · TTM · margin & CAGR

Free cash flow was $140.9M for FY2025 (fiscal year ending 2025-12-31), up 432.1% year-over-year The FCF margin was 8.9%. Five-year CAGR stands at +32.5%.

FY2025 Free Cash Flow$140.9M▲ +432.1% YoY

Trailing 12M (TTM)$218.7Mtrailing 4 quarters sum

FCF Margin8.9%$140.9M ÷ revenue

3-Year CAGR-8.6%FY2022 → FY2025

5-Year CAGR+32.5%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

FA · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$195.1M(54M)$140.9M▲ +432.1%8.9%

FY2024$28.2M(2M)$26.5M▼ 80.4%3.1%

FY2023$162.8M(28M)$135.1M▼ 26.7%17.7%

FY2022$212.8M(29M)$184.2M▲ +47.5%22.8%

FY2021$148.7M(24M)$124.9M▲ +261.6%17.5%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

FA · P/FCF · FCF yield · FCF per share

First Advantage Corporation (FA) trades at a FCF yield of 8.00% and a price-to-free-cash-flow ratio of 12.6x. FCF per share stands at $1.26, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

8.00%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$1.26

TTM FCF ÷ Shares Outstanding

Price / FCF

x12.6

Share Price ÷ FCF per Share

EV / FCF (TTM)

x11.5

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

FA · cash flow statement · operating / investing / financing

For FY2025, First Advantage Corporation generated $195.1M in operating cash flow and spent 54M in capital expenditures, yielding $140.9M in free cash flow.

Operating Activities

+$195.1M

Cash from core business operations

2025-12-31

Investing Activities

−$54.1M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$70.8M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($195.1M) − |CapEx| (54M) = FCF ($140.9M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

FA vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

First Advantage CorporationYOU

$140.9M+432.1%8.9%

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

First Advantage Corporation (FA) reported free cash flow of $140.9M for FY2025 (fiscal year ending 2025-12-31), up 432.1% year-over-year. The FCF margin was 8.9%.

Based on available data, First Advantage Corporation has maintained positive free cash flow for at least 12 fiscal year(s). FCF peaked at $184.2M in FY2022. The 5-year CAGR stands at +32.5%.

First Advantage Corporation's FCF yield is 8.00% and price-to-FCF ratio is 12.6x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

FA free cash flow · 8 questions

First Advantage Corporation free cash flow was $140.9M for FY2025, up 432.1% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $218.7M.

FA free cash flowFA FCFFA FCF 2025FA free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · First Advantage Corporation · First Advantage Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026