$FA Market Cap: $3.413 Billion
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Financial Snapshot

Revenue
$553.1M
TTM
Gross Margin
49.28%
TTM
Net Earnings
-$9.907M
TTM
Current Assets
$476.0M
Q4 2024
Current Liabilities
$250.7M
Q4 2024
Current Ratio
189.87%
Q4 2024
Total Assets
$3.923B
Q4 2024
Total Liabilities
$2.616B
Q4 2024
Book Value
$1.307B
Q4 2024
Cash
$168.7M
Q4 2024
P/E
-344.5
Nov 29, 2024 EST
Free Cash Flow
$98.23M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020 2019 2008 2007 2006 2005 2004 2003 2002 2001 2000
Revenue $860.2M $763.8M $810.0M $712.3M $509.2M $481.8M $780.0M $824.3M $777.5M $628.8M $516.7M $420.4M $319.1M $242.9M $38.60M
YoY Change 12.63% -5.71% 13.72% 39.9% 5.68% -5.38% 6.02% 23.65% 21.68% 22.92% 31.75% 31.37% 529.27%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2008 2007 2006 2005 2004 2003 2002 2001 2000
Revenue $860.2M $763.8M $810.0M $712.3M $509.2M $481.8M $780.0M $824.3M $777.5M $628.8M $516.7M $420.4M $319.1M $242.9M $38.60M
Cost Of Revenue $386.8M $408.9M $352.2M $260.6M $245.3M $282.7M $273.4M $280.8M $230.5M $192.3M $152.5M $112.9M $79.40M $11.10M
Gross Profit $377.0M $401.1M $360.1M $248.6M $236.4M $497.3M $550.9M $496.7M $398.3M $324.4M $267.9M $206.2M $163.6M $27.50M
Gross Profit Margin 49.36% 49.52% 50.56% 48.83% 49.08% 63.76% 66.83% 63.88% 63.34% 62.78% 63.73% 64.62% 67.35% 71.24%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2008 2007 2006 2005 2004 2003 2002 2001 2000
Selling, General & Admin $263.9M $116.7M $116.6M $108.0M $113.5M $85.08M $361.1M $389.8M $340.5M $275.6M $229.0M $187.8M $26.90M
YoY Change 126.11% 0.08% 8.02% -4.85% 33.38% -7.36% 14.5% 23.56% 20.33% 21.94%
% of Gross Profit 30.96% 29.08% 29.98% 45.65% 35.98% 72.62% 70.76% 68.55% 69.19% 70.59% 70.1% 97.82%
Research & Development $63.82M $49.26M $51.93M $45.51M $33.24M
YoY Change 29.54% -5.14% 14.12%
% of Gross Profit 13.07% 12.95% 12.64% 14.06%
Depreciation & Amortization $77.20M $67.40M $70.00M $69.40M $137.2M $14.90M $42.59M $39.72M $35.58M $25.97M $23.18M $8.400M $4.100M $2.500M $2.200M
YoY Change 14.54% -3.71% 0.86% -49.4% 820.55% 7.23% 11.62% 37.01% 12.03% 176.0% 104.88% 64.0% 13.64%
% of Gross Profit 17.88% 17.45% 19.27% 55.17% 6.3% 8.56% 7.21% 7.16% 6.52% 7.15% 3.14% 1.99% 1.53% 8.0%
Operating Expenses $922.6M $682.2M $715.7M $648.5M $250.7M $389.6M $403.7M $429.6M $376.1M $301.5M $252.2M $208.5M $157.9M $133.3M $26.90M
YoY Change 35.23% -4.68% 10.37% 158.72% -35.66% -6.01% 14.23% 24.71% 19.57% 20.96% 32.05% 18.45% 395.54%
Operating Profit -$62.38M $81.52M $94.28M $63.82M -$2.049M $92.17M $93.57M $121.3M $120.6M $96.75M $72.23M $59.40M $48.30M $30.30M $600.0K
YoY Change -176.53% -13.54% 47.72% -3214.84% -102.22% -22.88% 0.59% 24.68% 33.96% 21.59% 22.98% 59.41% 4950.0%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2008 2007 2006 2005 2004 2003 2002 2001 2000
Interest Expense -$33.04M -$9.199M $25.12M -$51.87M $51.96M -$1.651M $91.70M -$3.142M $4.387M -$173.0K $13.00M -$200.0K -$200.0K -$300.0K
YoY Change 259.17% -136.62% -148.43% -199.82% -101.8% -3018.56% -171.62% -2635.84% -101.33% -6600.0% 0.0% -33.33%
% of Operating Profit -40.53% -9.76% 39.36% 56.38% -1.76% 75.58% -2.6% 4.53% -0.24% 21.89% -0.41% -0.66% -50.0%
Other Income/Expense, Net -$52.23M -$33.04M -$9.199M -$38.91M -$31.79M -$51.02M
YoY Change 58.08% 259.17% -76.36% 22.39% -37.68%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2008 2007 2006 2005 2004 2003 2002 2001 2000
Pretax Income -$114.6M $48.48M $85.08M $24.91M -$96.25M $41.15M $70.17M $212.8M $117.5M $101.1M $72.05M $70.60M $48.20M $30.00M $300.0K
YoY Change -336.44% -43.02% 241.5% -125.88% -333.91% -67.03% 81.16% 16.16% 40.37% 2.06% 46.47% 60.67% 9900.0%
Income Tax -$4.342M $11.18M $20.48M -$8.862M -$12.23M -$6.898M $37.08M $85.53M $47.87M $43.01M $29.72M $32.80M $19.60M $13.70M $300.0K
% Of Pretax Income 23.07% 24.07% -35.57% -16.76% 52.84% 40.19% 40.75% 42.52% 41.25% 46.46% 40.66% 45.67% 100.0%
Net Earnings -$110.3M $37.29M $64.60M $16.05M -$84.02M $34.25M $34.86M $138.1M $66.16M $58.43M $42.33M $37.90M $28.60M $16.40M $100.0K
YoY Change -395.69% -42.27% 302.49% -119.1% -345.32% -74.76% 108.74% 13.24% 38.02% 11.7% 32.52% 74.39% 16300.0%
Net Earnings / Revenue -12.82% 4.88% 7.98% 2.25% -16.5% 7.11% 4.47% 16.76% 8.51% 9.29% 8.19% 9.02% 8.96% 6.75% 0.26%
Basic Earnings Per Share -$0.74 $0.26 $0.43 $0.11 $0.23
Diluted Earnings Per Share -$0.74 $0.26 $0.43 $0.11 -$560.6K $0.21 $585.8K $2.336M $1.139M $1.090M $846.1K $0.79 $0.67 $0.38 $0.00

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

No data

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2008 2007 2006 2005 2004 2003 2002 2001 2000
Cash & Short-Term Investments $213.8M $393.6M $293.6M $154.1M $81.95M $52.36M $76.06M $31.56M $28.38M $7.637M $5.600M $6.500M $1.300M
YoY Change -45.69% 34.07% 90.53% 88.03% -31.16% 140.99% 11.21% 271.61% 36.38% -13.85% 400.0%
Cash & Equivalents $213.8M $391.7M $292.6M $152.8M $80.62M $52.36M $76.06M $31.56M $28.38M $7.637M $5.600M $6.500M $1.300M
Short-Term Investments $0.00 $1.956M $941.0K $1.267M $1.326M
Other Short-Term Assets $13.56M $25.55M $14.51M $8.851M $7.766M $31.75M $48.86M $28.88M $14.26M $2.141M $2.500M $1.300M $400.0K
YoY Change -46.91% 76.04% 63.97% 13.97% -35.01% 69.15% 102.57% 566.0% -14.36% 92.31% 225.0%
Inventory
Prepaid Expenses
Receivables $142.7M $143.8M $155.8M $111.4M $92.51M $121.5M $148.9M $137.5M $109.3M $43.12M $23.70M $13.80M $6.900M
Other Receivables $3.710M $3.225M $2.292M $3.479M $3.681M $0.00 $0.00 $6.155M $1.250M $0.00 $1.900M $0.00 $1.300M
Total Short-Term Assets $373.7M $566.2M $466.2M $277.8M $185.9M $205.6M $273.8M $204.1M $153.2M $52.90M $33.80M $21.70M $10.00M
YoY Change -33.99% 21.46% 67.82% 49.42% -24.89% 34.16% 33.22% 189.59% 56.51% 55.76% 117.0%
Property, Plant & Equipment $86.72M $124.2M $154.3M $190.3M $29.09M $81.81M $76.31M $65.63M $56.68M $22.05M $19.70M $12.50M $8.600M
YoY Change -30.18% -19.51% -18.91% 554.02% 7.21% 16.27% 15.78% 157.08% 11.92% 57.6% 45.35%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $30.37M $85.48M $55.00M $45.71M
YoY Change -64.48% 55.41% 20.33%
Other Assets $5.530M $5.171M $7.869M $2.179M $2.353M $3.684M $4.239M $3.397M $3.185M $1.619M $700.0K $400.0K $100.0K
YoY Change 6.94% -34.29% 261.13% -7.39% -13.09% 24.79% 6.66% 96.73% 131.29% 75.0% 300.0%
Total Long-Term Assets $1.257B $1.320B $1.420B $1.486B $358.8M $930.1M $958.1M $885.8M $832.9M $378.5M $250.8M $142.3M $52.30M
YoY Change -4.75% -7.1% -4.41% 314.1% -2.92% 8.16% 6.36% 120.07% 50.9% 76.25% 172.08%
Total Assets $1.631B $1.886B $1.887B $1.764B $544.7M $1.136B $1.232B $1.090B $986.1M $431.4M $284.6M $164.0M $62.30M
YoY Change
Accounts Payable $47.02M $54.95M $53.98M $44.12M $36.34M $39.12M $51.75M $48.07M $37.15M $10.35M $5.200M $3.000M $1.700M
YoY Change -14.42% 1.8% 22.35% 21.39% -24.41% 7.65% 29.38% 258.92% 99.06% 73.33% 76.47%
Accrued Expenses $35.90M $43.96M $51.00M $42.46M $39.52M $43.80M $55.05M $56.00M $49.40M $21.97M $17.40M $7.800M $3.100M
YoY Change -18.34% -13.81% 20.11% 7.43% -20.43% -1.7% 13.36% 124.86% 26.25% 123.08% 151.61%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $104.0K $884.0K $8.379M $0.00 $9.891M $18.28M $20.79M $38.44M $19.87M $7.200M $500.0K $1.200M
YoY Change -100.0% -88.24% -89.45% -45.9% -12.08% -45.91% 93.48% 175.97% 1340.0% -58.33%
Total Short-Term Liabilities $85.04M $100.8M $109.3M $97.84M $78.43M $102.8M $189.7M $136.9M $131.8M $55.37M $29.80M $13.00M $5.900M
YoY Change -15.62% -7.79% 11.72% 24.74% -45.82% 38.57% 3.89% 138.05% 85.8% 129.23% 120.34%
Long-Term Debt $558.5M $556.6M $554.9M $779.6M $540.8M $22.94M $14.40M $179.5M $182.1M $85.91M $13.50M $700.0K $1.200M
YoY Change 0.32% 0.31% -28.82% 44.15% 59.25% -91.98% -1.43% 112.0% 536.37% 1828.57% -41.67%
Other Long-Term Liabilities $9.152M $11.22M $5.435M $5.220M $6.858M $5.300M $5.000M $5.311M $6.343M $1.635M $2.000M $300.0K $300.0K
YoY Change -18.4% 106.37% 4.12% -23.88% 6.0% -5.86% -16.27% 287.95% -18.25% 566.67% 0.0%
Total Long-Term Liabilities $567.6M $567.9M $560.4M $784.8M $547.7M $28.24M $19.40M $184.8M $188.5M $87.55M $15.50M $1.000M $1.500M
YoY Change -0.05% 1.33% -28.6% 43.29% 45.53% -89.5% -1.92% 115.28% 464.81% 1450.0% -33.33%
Total Liabilities $723.9M $759.2M $754.3M $969.4M $639.0M $242.9M $348.3M $415.0M $403.2M $142.9M $45.20M $18.10M $9.200M
YoY Change -4.65% 0.64% -22.19% 51.72% -30.27% -16.06% 2.92% 182.14% 216.18% 149.72% 96.74%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2008 2007 2006 2005 2004 2003 2002 2001 2000
Basic Shares Outstanding 148.6M 144.1M 150.2M 140.5M 149.7M
Diluted Shares Outstanding 148.6M 146.2M 151.8M 141.7M 163.9M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $3.4133 Billion

About FIRST ADVANTAGE CORP

First Advantage Corp. provides technology solutions for screening, verifications, safety, and compliance related to human capital. The company is headquartered in Atlanta, Georgia and currently employs 5,000 full-time employees. The company went IPO on 2021-06-23. The firm is a provider of employment background screening, identity and verification solutions. Its product suite enables its customers across all industry sectors to perform pre-onboarding screening and post-onboarding monitoring of employees, contractors, contingent workers, drivers, tenants, and volunteers. Its pre-onboarding products include 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 compliance, healthcare credentials, executive screening and others. The Company’s post-onboarding solutions include criminal records monitoring, healthcare sanctions, motor vehicle records, social media and global sanctions and licenses. The firm also offers fleet compliance, hiring tax credits and incentives, tenant screening and investigative research.

Industry: Services-Business Services, NEC Peers: INSPERITY, INC. Alight, Inc. / Delaware ASGN Inc ROBERT HALF INC. HireRight Holdings Corp KFORCE INC KORN FERRY ManpowerGroup Inc. Sterling Check Corp. UPWORK, INC