First American Financial Corporation (FAF)

First American Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	5,514	5,008	4,701	6,632	7,356	5,747
Total Interest & Dividend Income	608.4	553.6	564.6	329.1	207.9	215
Gain (Loss) on Sale of Investments	-80.1	-401.6	-206.4	-515.8	435.6	105
Non-Insurance Activities Revenue	1,038	960.8	938.5	1,149	1,215	1,013
Other Revenue	7.4	7.4	5.4	11	6.9	6
Total Revenue	7,088	6,128	6,004	7,605	9,221	7,086
Revenue Growth (YoY)	20.70%	2.08%	-21.06%	-17.52%	30.13%	14.25%
Policy Benefits	322	320	336.3	486.3	588.7	580
Policy Acquisition & Underwriting Costs	2,297	2,045	1,952	2,830	2,987	2,184
Depreciation & Amortization	212.3	207.4	188.5	167.5	158.4	149
Selling, General & Administrative	116.7	116.7	122.9	129.9	118.6	122
Other Operating Expenses	1,150	1,065	1,008	1,234	1,305	1,075
Total Operating Expenses	6,292	5,813	5,597	7,187	7,507	6,051
Operating Income	795.5	315	406.9	418.7	1,714	1,035
Interest Expense	-156.8	-149.6	-132.5	-93	-72.4	-57
EBT Excluding Unusual Items	638.7	165.4	274.4	325.7	1,641	978
Gain (Loss) on Sale of Assets	-	-	-	-	-	-55
Pretax Income	638.7	165.4	274.4	325.7	1,641	923
Income Tax Expense	154	32.8	58.9	60.4	392.2	223
Earnings From Continuing Ops.	484.7	132.6	215.5	265.3	1,249	700
Minority Interest in Earnings	-2.4	-1.5	1.3	-2.3	-8	-4
Net Income	482.3	131.1	216.8	263	1,241	696
Net Income to Common	482.3	131.1	216.8	263	1,241	696
Net Income Growth	419.72%	-39.53%	-17.57%	-78.81%	78.32%	-1.56%
Shares Outstanding (Basic)	104	104	104	107	111	113
Shares Outstanding (Diluted)	104	104	105	107	111	113
Shares Change (YoY)	-0.36%	-0.29%	-2.52%	-3.68%	-1.42%	-0.62%
EPS (Basic)	4.66	1.26	2.08	2.46	11.18	6.18
EPS (Diluted)	4.65	1.26	2.07	2.45	11.14	6.16
EPS Growth	428.61%	-39.13%	-15.51%	-78.01%	80.84%	-0.97%
Free Cash Flow	704.2	679.2	90.9	517.8	1,059	971
Free Cash Flow Per Share	6.78	6.51	0.87	4.83	9.51	8.59
Dividend Per Share	2.170	2.140	2.100	2.060	1.940	1.780
Dividend Growth	1.88%	1.91%	1.94%	6.19%	8.99%	5.95%
Operating Margin	11.22%	5.14%	6.78%	5.50%	18.58%	14.61%
Profit Margin	6.80%	2.14%	3.61%	3.46%	13.46%	9.82%
Free Cash Flow Margin	9.94%	11.08%	1.51%	6.81%	11.49%	13.70%
EBITDA	1,008	522.4	595.4	586.2	1,872	1,184
EBITDA Margin	14.22%	8.53%	9.92%	7.71%	20.30%	16.71%
D&A For EBITDA	212.3	207.4	188.5	167.5	158.4	149
EBIT	795.5	315	406.9	418.7	1,714	1,035
EBIT Margin	11.22%	5.14%	6.78%	5.50%	18.58%	14.61%
Effective Tax Rate	24.11%	19.83%	21.46%	18.55%	23.90%	24.16%
Revenue as Reported	7,088	6,128	6,004	7,605	9,221	7,086

Updated Oct 24, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q