Industrials · Specialty Business Services
Price
$15.68
Market Cap
$2.7B
Employees
10,000
Beta
1.15
Avg Volume
1,349,265
CEO
Scott Staples
Business Description
First Advantage Corporation provides technology solutions for screening, verifications, safety, and compliance related to human capital worldwide. 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, healthcare sanctions, motor vehicle records, social media screening, and global sanctions and licenses; and fleet/vehicle compliance, hiring tax credits and incentives, resident/tenant screening, and investigative research. Its products and solutions are used by personnel in recruiting, human resources, risk, compliance, vendor management, safety, and/or security in 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 2003 and is headquartered in Atlanta, Georgia.
Business History
Price Overview
Last updated: May 14, 2026 3:09am (just now)$15.68
+0.12 (+0.77%)
Day Range
$14.76 – $15.73
52-Week Range
$8.82 – $19.01
50-Day MA
$12.18
200-Day MA
$13.80
Volume
1,386,985.00
Analyst Price Targets
Low
$15.00
Consensus
$16.50
High
$18.00
(6 analysts)
Share Structure
Outstanding
171,537,047.00
Float
79,157,120.00
Free Float
46.1%
Moderate free float
— 46.1% of shares trade freely, ~53.9% held by insiders/institutions
Reasonable but insiders still hold a significant stake. This can be positive (skin in the game) but may limit liquidity during sell-offs.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
APIStock Price / EPS (Diluted)
319.37
Stock Price: $15.68
EPS (Diluted): -0.20
EPS (Diluted): -0.20
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
1.92
Stock Price: $15.68
Total Equity: $1.31B
Shares: 173,199,004
Total Equity: $1.31B
Shares: 173,199,004
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
6.00
Market Cap: $2.69B
Total Debt: $9.09M
Cash: $240.00M
EBITDA: $380.00M
Total Debt: $9.09M
Cash: $240.00M
EBITDA: $380.00M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$2.3B
Market Cap: $2.69B
Total Debt: $9.09M
Cash: $240.00M
Total Debt: $9.09M
Cash: $240.00M
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
29.9%
Gross Profit: $470.50M
Revenue: $1.57B
Revenue: $1.57B
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
9.0%
Operating Income: $141.21M
Revenue: $1.57B
Revenue: $1.57B
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
-2.2%
Net Income: -$34.82M
Revenue: $1.57B
Revenue: $1.57B
ROE (Profit from shareholder equity)
APINet Income / Total Equity
0.7%
Net Income: -$34.82M
Total Equity: $1.31B
Total Equity: $1.31B
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
4.5%
Operating Income: $141.21M
Tax Rate: 6.5%
Equity: $1.31B
Total Debt: $9.09M
Cash: $240.00M
Tax Rate: 6.5%
Equity: $1.31B
Total Debt: $9.09M
Cash: $240.00M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
2.44
Current Assets: $561.70M
Current Liabilities: $230.46M
Current Liabilities: $230.46M
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.01
Short-Term Debt: $3.57M
Long-Term Debt: $5.53M
Total Debt: $9.09M
Total Equity: $1.31B
Long-Term Debt: $5.53M
Total Debt: $9.09M
Total Equity: $1.31B
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$9.09
Revenue: $1.57B
Shares: 173,199,004
Shares: 173,199,004
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$7.58
Total Equity: $1.31B
Shares: 173,199,004
Shares: 173,199,004
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$0.81
Operating CF: $195.13M
CapEx: -$54.25M
Shares: 173,199,004
CapEx: -$54.25M
Shares: 173,199,004
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $15.68
Stock Price: $15.68
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: -$34.82M
Net Income: -$34.82M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares FA against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: May 8, 2026 4:44am (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $712.3M | $810.0M | $763.8M | $860.2M | $1.6B |
| Cost of Revenue | $352.2M | $408.9M | $386.8M | $448.9M | $1.1B |
| Gross Profit | $360.1M | $401.1M | $377.0M | $411.3M | $470.5M |
| Operating Expenses | $296.3M | $306.8M | $295.5M | $473.7M | $329.3M |
| Operating Income | $63.8M | $94.3M | $81.5M | -$62.4M | $141.2M |
| Net Income | $16.1M | $64.6M | $37.3M | -$110.3M | -$34.8M |
| EBITDA | $195.1M | $232.5M | $211.0M | $83.2M | $380.0M |
| EPS | $0.11 | $0.43 | $0.26 | $-0.74 | $-0.20 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: May 8, 2026 4:44am (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $292.6M | $391.7M | $213.8M | $168.7M | $240.0M |
| Total Current Assets | $466.2M | $566.2M | $373.7M | $476.0M | $561.7M |
| Total Assets | $1.9B | $1.9B | $1.6B | $3.9B | $3.8B |
| Current Liabilities | $109.3M | $100.8M | $85.0M | $250.7M | $230.5M |
| Long-Term Debt | $554.8M | $556.6M | $558.5M | $2.1B | $5.5M |
| Total Liabilities | $754.3M | $759.2M | $723.9M | $2.6B | $2.5B |
| Total Equity | $1.1B | $1.1B | $906.7M | $1.3B | $1.3B |
| Retained Earnings | -$31.4M | -$27.4M | -$49.5M | -$159.8M | -$194.6M |
Cash Flow (Annual)
Last updated: May 8, 2026 4:44am (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $148.7M | $212.8M | $162.8M | $28.2M | $195.1M |
| Capital Expenditure | -$23.8M | -$28.5M | -$27.7M | -$1.7M | -$54.3M |
| Free Cash Flow | $124.9M | $184.2M | $135.1M | $26.5M | $140.9M |
| Acquisitions (net) | -$48.9M | -$19.1M | -$41.1M | -$1.6B | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | -$60.5M | -$59.0M | $0 | $0 |
| Net Change in Cash | $139.8M | $99.0M | -$177.9M | -$44.4M | $70.6M |
Analyst Estimates (Annual)
Last updated: May 14, 2026 3:09am (just now)| Metric | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| Revenue |
$1.5B $1.5B – $1.6B
|
$1.7B $1.7B – $1.7B
|
$1.8B $1.8B – $1.8B
|
$1.9B $1.9B – $1.9B
|
| EBITDA |
$363.4M $361.1M – $365.8M
|
$393.4M $389.5M – $395.7M
|
$420.5M $415.8M – $422.9M
|
$454.7M $454.7M – $454.7M
|
| Net Income |
$173.6M $171.8M – $175.5M
|
$212.1M $210.4M – $213.9M
|
$247.2M $242.9M – $251.6M
|
$315.7M $311.7M – $318.5M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: May 8, 2026 4:44am (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +13.7% | -5.7% | +12.6% | +83.0% |
| Gross Profit Growth | +11.4% | -6.0% | +9.1% | +14.4% |
| Operating Income Growth | +47.7% | -13.5% | -176.5% | +326.4% |
| Net Income Growth | +302.5% | -42.3% | -395.7% | +68.4% |
| EBITDA Growth | +19.2% | -9.3% | -60.6% | +357.0% |
Insider Trading (Recent)
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-05-11 | Nairne Douglas | M-Exempt | 715.00 | $0.00 | $0 |
| 2026-05-11 | Nairne Douglas | M-Exempt | 715.00 | $0.00 | $0 |
| 2026-05-11 | Jardine Bret T | M-Exempt | 976.00 | $0.00 | $0 |
| 2026-05-11 | Jardine Bret T | F-InKind | 294.00 | $16.04 | $4,716 |
| 2026-05-12 | Jardine Bret T | S-Sale | 682.00 | $16.12 | $10,994 |
| 2026-05-11 | Jardine Bret T | M-Exempt | 976.00 | $0.00 | $0 |
| 2026-05-11 | Smith Joelle M | M-Exempt | 24,905.00 | $0.00 | $0 |
| 2026-05-11 | Smith Joelle M | F-InKind | 6,974.00 | $16.04 | $111,863 |
| 2026-05-11 | Smith Joelle M | M-Exempt | 24,905.00 | $0.00 | $0 |
| 2026-05-07 | Smith Joelle M | S-Sale | 23,334.00 | $15.00 | $350,012 |
| 2026-04-24 | Gillett Mark | 0.00 | $0.00 | $0 | |
| 2025-03-04 | Nairne Douglas | M-Exempt | 742.00 | $0.00 | $0 |
| 2025-03-04 | Nairne Douglas | M-Exempt | 742.00 | $0.00 | $0 |
| 2026-03-04 | Nairne Douglas | M-Exempt | 743.00 | $0.00 | $0 |
| 2026-03-04 | Nairne Douglas | M-Exempt | 743.00 | $0.00 | $0 |
| 2026-03-04 | Jardine Bret T | M-Exempt | 929.00 | $0.00 | $0 |
| 2026-03-04 | Jardine Bret T | F-InKind | 329.00 | $12.22 | $4,020 |
| 2026-03-05 | Jardine Bret T | S-Sale | 600.00 | $12.09 | $7,254 |
| 2026-03-04 | Jardine Bret T | S-Sale | 1,090.00 | $12.32 | $13,429 |
| 2026-03-04 | Jardine Bret T | M-Exempt | 929.00 | $0.00 | $0 |
Dividend History (Last 20)
Last updated: May 8, 2026 4:44am (5d ago)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2023-08-18 | $1.50 | 2023-08-08 | 2023-08-21 | 2023-08-31 |
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.207 · 22a3a690 · 2026-05-13 17:39:54