First Advantage Corporation FA R2K
First Advantage Corporation provides employment background screening, digital identity, and verification solutions internationally. It offers pre-onboarding products and solutions, such as 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 other screening products. The company also provides post-onboarding solutions, including criminal records monitoring, I-9 verification, healthcare sanctions, motor vehicle records, social media screening, and global sanctions and licenses; and adjacent products comprising fleet/vehicle compliance, hiring tax credits and incentives, and investigative research. Its products and solutions are used by executive management, human resources, talent acquisition, risk, compliance, vendor management, safety, global enterprises, mid-sized, and small companies. The company was formerly known as Fastball Intermediate, Inc. and changed its name to First Advantage Corporation in March 2021. First Advantage Corporation was founded in 2002 and is based in Atlanta, Georgia.
READ MORE ›Market & Price
Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Compounding revenue at 24.8% over 5 years.
- Generates positive free cash flow.
CONS
- Trading at a high P/E of 320.0.
- Earnings shrank at -51.3% CAGR over 5 years.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | FA First Advantage Corporation R2K | 16.00 | 320.00 | $2.74B | - | 3.65% | 0.66% | 24.80% | -51.30% |
| 2 | CAT Caterpillar Inc. SPX | 875.87 | 43.66 | $403.42B | 0.69% | 19.42% | 51.33% | 4.38% | 9.83% |
| 3 | GE GE Aerospace SPX | 323.76 | 40.17 | $338.27B | 0.58% | 11.89% | 45.43% | 16.32% | 195.89% |
| 4 | GEV GE Vernova Inc. SPXAI | 968.32 | 28.33 | $260.21B | 0.21% | 6.30% | 75.71% | 8.68% | 92.84% |
| 5 | RTX RTX Corporation SPX | 179.66 | 33.64 | $241.95B | 1.54% | 9.41% | 11.57% | 9.72% | 9.01% |
| 6 | UNP Union Pacific Corporation SPX | 262.64 | 21.60 | $155.93B | 2.10% | 16.19% | 40.69% | -0.49% | 0.66% |
| 7 | ETN Eaton Corporation plc SPXAI | 400.60 | 39.20 | $155.55B | 1.10% | 16.23% | 20.84% | 9.77% | 18.41% |
| 8 | HON Honeywell International Inc. NDXSPX | 237.86 | 38.00 | $150.72B | 2.00% | 13.57% | 24.26% | 1.82% | -1.62% |
| 9 | DE Deere & Company SPX | 542.18 | 30.67 | $146.45B | 1.20% | 12.82% | 18.35% | -4.50% | -11.00% |
Quarterly Results
Figures in USD.
| Metric | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 104.99M | 136.78M | 132.07M | 174.83M | 192.87M | 189.88M | 201.56M | 205.99M | 175.52M | 185.31M | 200.36M | 169.42M | 184.55M | 199.12M | 354.59M | 390.63M | 409.15M | 420.02M | 385.20M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 192.56M | 207.84M | 222.04M | 232.86M | 211.41M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 162.02M | 182.79M | 187.11M | 187.16M | 173.79M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 154.41M | 145.06M | 144.87M | 142.28M | 140.27M |
| Operating Income | -6.20M | 5.29M | -3.17M | 17.29M | 24.39M | 17.10M | 22.78M | 25.66M | 11.29M | 17.64M | 23.21M | -726.00K | 9.90M | 9.11M | 7.62M | 37.74M | 42.24M | 44.87M | 33.52M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 69.28M | 99.39M | 104.11M | 107.22M | 95.34M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 46.58M | 44.78M | 40.04M | 37.26M | 29.84M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -38.96M | -7.30M | 1.79M | 7.22M | 3.31M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.23M | -7.61M | -798.00K | 3.75M | 1.14M |
| Net Income | -16.37M | -3.45M | -19.39M | 3.77M | 16.29M | 13.01M | 14.24M | 17.21M | 1.93M | 9.78M | 10.77M | -2.91M | 1.86M | -8.86M | -41.19M | 308.00K | 2.59M | 3.47M | 2.17M |
| Diluted EPS | -0.13 | -0.03 | -0.15 | 0.03 | 0.11 | 0.09 | 0.09 | 0.11 | 0.01 | 0.07 | 0.07 | -0.02 | 0.01 | -0.06 | -0.24 | 0.00 | 0.01 | 0.02 | 0.01 |
| R&D Expense | 7.21M | 8.34M | 10.55M | 11.68M | 11.31M | 13.77M | 12.95M | 13.25M | 12.62M | 12.64M | 13.11M | 12.47M | 13.68M | 12.91M | 27.16M | 25.68M | 25.14M | - | 24.61M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | 481.77M | 472.37M | - | 810.02M | 763.76M | 860.21M | 1.57B |
| Cost of Revenue | - | - | - | 408.93M | 386.78M | 448.91M | 855.31M |
| Gross Profit | - | - | - | 401.10M | 376.98M | 411.29M | 719.08M |
| Operating Expenses | - | - | - | 306.82M | 295.47M | 473.68M | 586.62M |
| Operating Income | 92.17M | -2.04M | - | 94.28M | 81.52M | -62.38M | 132.47M |
| EBITDA | - | - | - | 232.52M | 210.99M | 83.15M | 380.00M |
| Interest Expense | - | - | - | 9.20M | 33.04M | 51.85M | 168.67M |
| Pretax Income | - | - | - | 85.08M | 48.48M | -114.61M | -37.25M |
| Tax Provision | - | - | - | 20.48M | 11.18M | -4.34M | -2.43M |
| Net Income | 34.25M | -47.49M | - | 64.60M | 37.29M | -110.27M | -34.82M |
| Diluted EPS | 0.21 | -0.37 | - | 0.43 | 0.26 | -0.74 | -0.20 |
| R&D Expense | 33.24M | 32.20M | 45.51M | 51.93M | 49.26M | 63.82M | 101.85M |
Compounded Sales Growth
| 5 Years: | 24.80% |
| 1 Year: | 8.60% |
Compounded Profit Growth
| 5 Years: | -51.30% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | -6.54% |
| 6 Months: | +14.12% |
| 3 Months: | +39.01% |
| 1 Month: | +22.61% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Jan 2020 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Total Assets | - | 1.76B | - | 1.89B | 1.63B | 3.92B | 3.83B |
| Current Assets | - | - | - | 566.20M | 373.74M | 475.99M | 561.70M |
| Cash & Equivalents | - | 152.82M | - | 391.65M | 213.77M | 168.69M | 240.00M |
| Inventory | - | - | - | - | - | - | - |
| Receivables | - | - | - | 143.81M | 142.69M | 266.80M | 297.28M |
| Total Liabilities | - | 969.42M | - | 759.21M | 723.92M | 2.62B | 2.52B |
| Current Liabilities | - | 97.84M | - | 100.79M | 85.04M | 250.69M | 230.46M |
| Long Term Debt | - | 778.61M | - | 556.65M | 558.46M | 2.12B | 2.08B |
| Total Debt | - | - | - | 569.49M | 567.74M | 2.16B | 2.09B |
| Total Equity | 779.73M | 794.27M | - | 1.13B | 906.73M | 1.31B | 1.31B |
| Shares Outstanding | - | - | - | 148.73M | 145.07M | 173.17M | 174.19M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 71.58M | 72.85M | - | 212.77M | 162.82M | 28.20M | 195.13M |
| Investing Cash Flow | -17.79M | -15.57M | - | -48.60M | -66.85M | -1.65B | -54.13M |
| Financing Cash Flow | -3.18M | 46.40M | - | -59.15M | -273.56M | 1.58B | -70.76M |
| Capital Expenditure | -6.58M | -5.30M | - | -28.53M | -27.70M | -32.27M | -54.25M |
| Free Cash Flow | 65.00M | 67.55M | - | 184.24M | 135.12M | -4.07M | 140.87M |
| Net Change in Cash | - | - | - | 105.02M | -177.58M | -42.73M | 70.24M |
| Share Buybacks | - | - | - | 60.53M | 59.48M | - | - |
Ratios (Annual)
Figures in %.
| Metric | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | 49.5% | 49.4% | 47.8% | 45.7% |
| Operating Margin % | 19.1% | -0.4% | - | 11.6% | 10.7% | -7.3% | 8.4% |
| Net Margin % | 7.1% | -10.1% | - | 8.0% | 4.9% | -12.8% | -2.2% |
| ROE % | - | -6.0% | - | 5.7% | 4.1% | -8.4% | -2.7% |
| ROCE % | - | -0.1% | - | 5.3% | 5.3% | -1.7% | 3.7% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Silver Lake Group, LLC | 52.21% | 89.56M | $1.43B |
| 2 | Price (T.Rowe) Associates Inc | 8.81% | 15.11M | $241.79M |
| 3 | Capital World Investors | 6.06% | 10.40M | $166.38M |
| 4 | FMR, LLC | 5.29% | 9.08M | $145.24M |
| 5 | Alliancebernstein L.P. | 4.61% | 7.91M | $126.53M |
| 6 | Blackrock Inc. | 3.49% | 5.99M | $95.84M |
| 7 | Cat Rock Capital Management LP | 2.46% | 4.23M | $67.65M |
| 8 | BAMCO Inc. | 2.19% | 3.75M | $60.00M |
| 9 | Vanguard Portfolio Management LLC | 2.05% | 3.52M | $56.40M |
| 10 | Vanguard Capital Management LLC | 2.01% | 3.45M | $55.15M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
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