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6Apr 22, 2026·SEC
Feb 11, 2026·SEC
Jan 21, 2026·SEC
First American Financial Corporation (FAF) fundamental analysis — strengths, weaknesses & financial health based on data analysis
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First American Financial Corporation (FAF) stock price & volume — 10-year historical chart
First American Financial Corporation (FAF) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
First American Financial Corporation (FAF) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 22, 2026 | $1.33vs $1.06+25.5% | $1.8Bvs $1.8B+2.7% |
| Q1 2026 | Feb 11, 2026 | $1.99vs $1.43+39.2% | $2.0Bvs $1.8B+13.8% |
| Q4 2025 | Oct 22, 2025 | $1.70vs $1.42+19.7% | $2.0Bvs $1.9B+5.1% |
| Q3 2025 | Jul 23, 2025 | $1.53vs $1.40+9.3% | $1.8Bvs $1.8B+0.2% |
First American Financial Corporation (FAF) competitors in Mortgage and Title Insurance — business model, growth, and fundamentals comparison
First American Financial Corporation (FAF) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
First American Financial Corporation (FAF) annual income statement — 10-year revenue, gross profit & net income history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 5.77B | 5.75B | 6.2B | 7.08B | 9.21B | 7.59B | 6B | 6.12B | 7.45B | 6.01B |
Revenue Growth % | 3.46% | -0.41% | 7.9% | 14.21% | 30.14% | -17.58% | -21.02% | 2.04% | 21.64% | -4.22% |
Medical Costs & Claims | 2.31B | 2.25B | 2.32B | 2.76B | 3.58B | 3.32B | 2.29B | 2.36B | 326.6M | 1.55B |
Medical Cost Ratio % | 40.11% | 39.21% | 37.43% | 39.04% | 38.8% | 43.66% | 38.15% | 38.63% | 4.39% | 25.74% |
Gross Profit | 3.45B▲ 0% | 3.49B▲ 1.1% | 3.88B▲ 11.1% | 4.32B▲ 11.3% | 5.64B▲ 30.6% | 4.28B▼ 24.1% | 3.71B▼ 13.3% | 3.76B▲ 1.3% | 7.12B▲ 89.5% | 4.47B▲ 0% |
Gross Margin % | 59.89% | 60.79% | 62.57% | 60.96% | 61.2% | 56.34% | 61.85% | 61.37% | 95.61% | 74.26% |
Gross Profit Growth % | 5.15% | 1.1% | 11.06% | 11.27% | 30.64% | -24.13% | -13.29% | 1.25% | 89.52% | - |
Operating Expenses | 3.01B | 2.88B | 2.97B | 3.39B | 4B | 3.95B | 3.44B | 3.59B | 6.29B | 3.57B |
OpEx / Revenue % | 52.17% | 50.18% | 47.98% | 47.92% | 43.38% | 52.05% | 57.27% | 58.66% | 84.52% | 59.43% |
Depreciation & Amortization | 128.05M | 125.93M | 129M | 149M | 158.4M | 167.5M | 188.5M | 207.4M | 216.2M | 218.3M |
Combined Ratio % | 92.28% | 89.39% | 85.4% | 86.96% | 82.19% | 95.71% | 95.43% | 97.3% | 88.9% | 85.18% |
Operating Income | 445.33M▲ 0% | 609.54M▲ 36.9% | 905M▲ 48.5% | 923M▲ 2.0% | 1.64B▲ 77.8% | 325.7M▼ 80.2% | 274.4M▼ 15.8% | 165.4M▼ 39.7% | 826.2M▲ 399.5% | 891.4M▲ 0% |
Operating Margin % | 7.72% | 10.61% | 14.6% | 13.04% | 17.81% | 4.29% | 4.57% | 2.7% | 11.1% | 14.82% |
Operating Income Growth % | -6.75% | 36.87% | 48.47% | 1.99% | 77.82% | -80.16% | -15.75% | -39.72% | 399.52% | - |
EBITDA | 573.38M | 735.47M | 1.03B | 1.07B | 1.8B | 493.2M | 462.9M | 372.8M | 1.04B | 1.11B |
EBITDA Margin % | 9.94% | 12.8% | 16.68% | 15.14% | 19.53% | 6.49% | 7.72% | 6.09% | 14% | 18.45% |
Interest Expense | 35.99M | 40.98M | 48M | 57M | 72.4M | 93M | 132.5M | 149.6M | 157M | 163.7M |
Non-Operating Income | -35.99M | -40.98M | -48M | -57M | -72.4M | -93M | -132.5M | -149.6M | -157M | -163.7M |
Pretax Income | 445.33M▲ 0% | 609.54M▲ 36.9% | 905M▲ 48.5% | 923M▲ 2.0% | 1.64B▲ 77.8% | 325.7M▼ 80.2% | 274.4M▼ 15.8% | 165.4M▼ 39.7% | 826.2M▲ 399.5% | 891.4M▲ 0% |
Pretax Margin % | 7.72% | 10.61% | 14.6% | 13.04% | 17.81% | 4.29% | 4.57% | 2.7% | 11.1% | 14.82% |
Income Tax | 23.47M | 133.64M | 195M | 223M | 392.2M | 60.4M | 58.9M | 32.8M | 201M | 216.2M |
Effective Tax Rate % | 5.27% | 21.92% | 21.55% | 24.16% | 23.9% | 18.54% | 21.47% | 19.83% | 24.33% | 24.25% |
Net Income | 423.05M▲ 0% | 474.5M▲ 12.2% | 707M▲ 49.0% | 696M▼ 1.6% | 1.24B▲ 78.3% | 263M▼ 78.8% | 216.8M▼ 17.6% | 131.1M▼ 39.5% | 621.8M▲ 374.3% | 672.7M▲ 0% |
Net Margin % | 7.33% | 8.26% | 11.41% | 9.83% | 13.47% | 3.46% | 3.61% | 2.14% | 8.35% | 11.19% |
Net Income Growth % | 23.34% | 12.16% | 49% | -1.56% | 78.32% | -78.81% | -17.57% | -39.53% | 374.29% | 324.15% |
EPS (Diluted) | 3.76▲ 0% | 4.19▲ 11.4% | 6.22▲ 48.4% | 6.16▼ 1.0% | 11.14▲ 80.8% | 2.45▼ 78.0% | 2.07▼ 15.5% | 1.26▼ 39.1% | 6.00▲ 376.2% | 6.51▲ 0% |
EPS Growth % | 21.68% | 11.44% | 48.45% | -0.96% | 80.84% | -78.01% | -15.51% | -39.13% | 376.19% | 330.46% |
EPS (Basic) | 3.79 | 4.21 | 6.26 | 6.18 | 11.18 | 2.46 | 2.08 | 1.26 | 6.02 | - |
Diluted Shares Outstanding | 112.44M | 113.28M | 113.66M | 113.02M | 111.4M | 107.3M | 104.6M | 104.3M | 103.7M | 103.3M |
First American Financial Corporation (FAF) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Assets | 13.06B | 14.38B | 11.52B | 12.8B | 16.47B | 19.64B | 16.8B | 14.91B | 16.23B | 17.94B |
Asset Growth % | 10.22% | 10.11% | -19.87% | 11.08% | 28.69% | 19.29% | -14.46% | -11.27% | 8.86% | 38.26% |
Total Investment Assets | 5.22B | 6.07B | 6.83B | 7.85B | 10.6B | 17.91B | 8.53B | 8.65B | 9.39B | 3M |
Long-Term Investments | 5.22B | 6.07B | 6.31B | 7.11B | 10.54B | 8.92B | 8.53B | 8.65B | 9.39B | 27.28B |
Short-Term Investments | 0 | 0 | 0 | 0 | 58M | 0 | 0 | 0 | 0 | 0 |
Total Current Assets | 1.7B | 1.92B | 0 | 0 | 2.3B | 10.21B | 0 | 0 | 1.39B | 2.44B |
Cash & Equivalents | 1.43B | 1.5B | 1.53B | 1.32B | 1.23B | 1.22B | 3.66B | 1.8B | 1.39B | 2.44B |
Receivables | 311.08M | 413M | 335.35M | 386M | 441M | 389.1M | 585.1M | 436.1M | 432.6M | 1.71B |
Other Current Assets | 0 | 0 | -1.87B | -1.71B | 2.94B | 33.9M | -4.25B | -2.24B | -432.6M | -398M |
Goodwill & Intangibles | 1.21B | 1.25B | 1.82B | 2.16B | 1.81B | 1.99B | 2.61B | 2.6B | 1.92B | 8.37B |
Goodwill | 1.11B | 1.14B | 1.15B | 1.38B | 1.59B | 1.8B | 1.81B | 1.8B | 1.82B | 1.91B |
Intangible Assets | 99.91M | 109.37M | 671.51M | 779M | 218M | 194M | 806.2M | 799.1M | 100M | 95M |
PP&E (Net) | 439.57M | 457.84M | 733.4M | 711M | 755M | 885M | 978.9M | 959.8M | 1.11B | 1.07B |
Other Assets | -5.22B | -16.64M | -8.86B | -9.97B | -14M | -9.86B | -12.12B | -12.21B | -10.5B | -1.07B |
Total Liabilities | 9.57B | 10.63B | 7.09B | 7.87B | 10.68B | 14.96B | 11.94B | 9.98B | 10.73B | 12.45B |
Total Debt | 732.81M | 808.33M | 1.33B | 1.82B | 2.46B | 1.92B | 2.19B | 2.42B | 1.91B | 0 |
Net Debt | -695.75M | -695.01M | -200.96M | 502M | 1.23B | 691M | -1.47B | 616.8M | 518.6M | -2.44B |
Long-Term Debt | 732.81M | 572.02M | 568.23M | 1.01B | 1.65B | 1.39B | 1.09B | 1.55B | 1.68B | 0 |
Short-Term Debt | 0 | 0 | 438.41M | 516M | 538M | 343M | 853.3M | 643.8M | 81.3M | 0 |
Total Current Liabilities | 313.88M | 283.39M | 0 | 0 | 0 | 258M | 0 | 0 | 0 | 0 |
Accounts Payable | 68.46M | 47.08M | 58.58M | 56M | 87M | 51M | 63.3M | 66.7M | 0 | 0 |
Deferred Revenue | 240.82M | 243.28M | 0 | 0 | 14M | 197M | 0 | 0 | 214M | 199.3M |
Other Current Liabilities | -364.62M | -350.08M | -844.85M | -1.1B | -1.19B | -1.03B | -1.35B | -1.19B | -295.3M | -199.3M |
Deferred Taxes | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 590.9M |
Other Liabilities | 3.37B | 4.07B | -1.41B | -1.87B | 8.27B | 8.48B | 10.43B | 7.94B | 8.35B | 12.45B |
Total Equity | 3.48B▲ 0% | 3.75B▲ 7.5% | 4.43B▲ 18.1% | 4.92B▲ 11.2% | 5.78B▲ 17.5% | 4.69B▼ 18.9% | 4.86B▲ 3.7% | 4.93B▲ 1.3% | 5.5B▲ 11.6% | 5.49B▲ 0% |
Equity Growth % | 15.55% | 7.53% | 18.15% | 11.23% | 17.49% | -18.93% | 3.73% | 1.32% | 11.62% | 31.27% |
Shareholders Equity | 3.48B | 3.74B | 4.42B | 4.91B | 5.77B | 4.67B | 4.85B | 4.91B | 5.5B | 5.49B |
Minority Interest | 3.07M | 3.51M | 4.52M | 12M | 16M | 23M | 14.7M | 18.5M | 24.8M | 22.6M |
Retained Earnings | 1.31B | 1.64B | 2.16B | 2.65B | 3.68B | 3.72B | 3.71B | 3.62B | 4.01B | 4.08B |
Common Stock | 1K | 1K | 1K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accumulated OCI | -67.51M | -160.57M | -41.49M | 40M | -92M | -868M | -655.8M | -496.4M | -256.7M | -322.5M |
Return on Equity (ROE) | 13.02% | 13.13% | 17.31% | 14.89% | 23.19% | 5.02% | 4.54% | 2.68% | 11.93% | 12.54% |
Return on Assets (ROA) | 3.4% | 3.46% | 5.46% | 5.72% | 8.48% | 1.46% | 1.19% | 0.83% | 3.99% | 3.95% |
Equity / Assets | 26.68% | 26.05% | 38.41% | 38.47% | 35.12% | 23.87% | 28.94% | 33.05% | 33.89% | 30.61% |
Debt / Equity | 0.21x | 0.22x | 0.30x | 0.37x | 0.43x | 0.41x | 0.45x | 0.49x | 0.35x | 0.00x |
Book Value per Share | 30.98 | 33.06 | 38.93 | 43.55 | 51.91 | 43.69 | 46.49 | 47.24 | 53.03 | 53.14 |
Tangible BV per Share | 20.19 | 22.00 | 22.90 | 24.46 | 35.70 | 25.13 | 21.50 | 22.28 | 34.52 | 33.70 |
First American Financial Corporation (FAF) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 632.13M | 793.16M | 913.09M | 1.08B | 1.22B | 780M | 354.3M | 897.5M | 950.8M | 1.01B |
Operating CF Growth % | 29.16% | 25.47% | 15.12% | 18.79% | 12.47% | -36.06% | -54.58% | 153.32% | 5.94% | 175.06% |
Operating CF / Revenue % | 10.96% | 13.81% | 14.73% | 15.32% | 13.24% | 10.27% | 5.91% | 14.66% | 12.77% | 16.78% |
Net Income | 421.86M | 475.9M | 709.85M | 700.5M | 1.25B | 265M | 216.8M | 132.6M | 621.8M | 672.7M |
Depreciation & Amortization | 128.05M | 125.93M | 129.02M | 148.98M | 158.4M | 167M | 188.5M | 207.4M | 216.2M | 218.3M |
Stock-Based Compensation | 37.4M | 41.15M | 42.47M | 52M | 53.6M | 67.3M | 49.1M | 52M | 0 | 56.1M |
Deferred Taxes | 27.27M | 85.67M | -36.83M | -9.67M | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Cash Items | -29.98M | -865K | 23.53M | 67.71M | -313.9M | 621.7M | 171.8M | 284.5M | 335M | -195.5M |
Working Capital Changes | 47.53M | 65.39M | 45.05M | 125.14M | 72.7M | -341M | -271.9M | 221M | -222.2M | 256.6M |
Cash from Investing | -387.17M | -1.22B | -452.23M | -1.42B | -3.39B | -395M | 599.5M | -458.7M | -1.46B | -2.04B |
Capital Expenditures | -134.21M | -118.17M | -106.98M | -114.08M | -160.5M | -260M | -263.4M | -218.3M | -188.3M | -184.9M |
Acquisitions | -82.99M | -79.17M | -120.67M | -461.6M | -186.8M | -278M | -24.7M | -13.3M | -5.1M | 1.7M |
Purchase of Investments | -1.97B | -3.16B | -2.34B | -2.87B | -6.35B | -3.14B | -1.47B | -6.3B | -2.98B | -3.49B |
Sale/Maturity of Investments | 1.81B | 2.14B | 2.33B | 2.48B | 3.11B | 3.17B | 2.56B | 5.53B | 2.01B | 1.84B |
Other Investing | -8.34M | -558K | -217.85M | -446.17M | 196M | 122M | -202.5M | 539.7M | -293.3M | -213.8M |
Cash from Financing | 128.02M | 514.74M | -445.07M | 113.92M | 2.13B | -376M | 1.42B | -2.31B | 164.4M | 1.41B |
Dividends Paid | -159.28M | -178.49M | -188.44M | -198.66M | -213M | -217M | -216.6M | -220.7M | -223M | -223.5M |
Share Repurchases | 0 | -18.8M | -2M | -138.6M | -99.2M | -440.7M | -72.7M | -68.5M | -122.3M | -130.5M |
Stock Issued | 2.73M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7M | 7M |
Debt Issuance (Net) | -1000K | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K | 1000K | 1000K | 1000K |
Other Financing | 292.85M | 710.77M | -450.63M | -63.41M | 1.79B | 451.3M | 1.78B | -2.25B | 244.6M | 1.56B |
Net Change in Cash | 381.09M▲ 0% | 79.9M▼ 79.0% | 18.83M▼ 76.4% | -210.49M▼ 1217.9% | -47.5M▲ 77.4% | -4M▲ 91.6% | 2.38B▲ 59645.0% | -1.89B▼ 179.2% | -330.8M▲ 82.5% | 391.1M▲ 0% |
Exchange Rate Effect | 8.1M | -7.37M | 3.04M | 6.07M | -400K | -13M | 4.9M | -16.6M | 13.1M | 7.4M |
Cash at Beginning | 1.01B | 1.39B | 1.47B | 1.49B | 1.28B | 1.23B | 1.22B | 3.61B | 1.72B | 1.39B |
Cash at End | 1.39B | 1.47B | 1.49B | 1.28B | 1.23B | 1.22B | 3.61B | 1.72B | 1.39B | 2.44B |
Free Cash Flow | 497.93M▲ 0% | 675M▲ 35.6% | 806.11M▲ 19.4% | 970.58M▲ 20.4% | 1.06B▲ 9.2% | 520M▼ 50.9% | 90.9M▼ 82.5% | 679.2M▲ 647.2% | 762.5M▲ 12.3% | 824.3M▲ 0% |
FCF Growth % | 39.42% | 35.56% | 19.42% | 20.4% | 9.15% | -50.92% | -82.52% | 647.19% | 12.26% | 45.35% |
FCF Margin % | 8.63% | 11.75% | 13% | 13.71% | 11.5% | 6.85% | 1.52% | 11.1% | 10.24% | 13.71% |
FCF per Share | 4.43 | 5.96 | 7.09 | 8.59 | 9.51 | 4.85 | 0.87 | 6.51 | 7.35 | 7.98 |
First American Financial Corporation (FAF) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Combined Ratio | 92.28% | 89.39% | 85.4% | 86.96% | 82.19% | 95.71% | 95.43% | 97.3% | 88.9% | 85.18% |
Medical Cost Ratio | 40.11% | 39.21% | 37.43% | 39.04% | 38.8% | 43.66% | 38.15% | 38.63% | 4.39% | 25.74% |
Return on Equity (ROE) | 13.02% | 13.13% | 17.31% | 14.89% | 23.19% | 5.02% | 4.54% | 2.68% | 11.93% | 12.54% |
Return on Assets (ROA) | 3.4% | 3.46% | 5.46% | 5.72% | 8.48% | 1.46% | 1.19% | 0.83% | 3.99% | 3.95% |
Equity / Assets | 26.68% | 26.05% | 38.41% | 38.47% | 35.12% | 23.87% | 28.94% | 33.05% | 33.89% | 30.61% |
Book Value / Share | 30.98 | 33.06 | 38.93 | 43.55 | 51.91 | 43.69 | 46.49 | 47.24 | 53.03 | 53.14 |
Debt / Equity | 0.21x | 0.22x | 0.30x | 0.37x | 0.43x | 0.41x | 0.45x | 0.49x | 0.35x | 0.00x |
Revenue Growth | 3.46% | -0.41% | 7.9% | 14.21% | 30.14% | -17.58% | -21.02% | 2.04% | 21.64% | -4.22% |
First American Financial Corporation (FAF) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 22, 2026·SEC
Feb 11, 2026·SEC
Jan 21, 2026·SEC
First American Financial Corporation (FAF) stock FAQ — growth, dividends, profitability & financials explained
First American Financial Corporation (FAF) grew revenue by 21.6% over the past year. This is strong growth.
Yes, First American Financial Corporation (FAF) is profitable, generating $672.7M in net income for fiscal year 2025 (8.4% net margin).
Yes, First American Financial Corporation (FAF) pays a dividend with a yield of 3.13%. This makes it attractive for income-focused investors.
First American Financial Corporation (FAF) has a return on equity (ROE) of 11.9%. This is reasonable for most industries.
First American Financial Corporation (FAF) has a combined ratio of 88.9%. A ratio below 100% indicates underwriting profitability.