First American Financial Corporation (FAF)

First American Financial Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Premiums Earned	4,506	5,722	5,008	4,701	6,632	7,356
Investment Income	485.8	621	561	570	340.1	214.8
Net Gains on Investments	31.7	20.9	-401.6	-206.4	-515.8	435.6
Total Other Revenues	846	1,088	960.8	938.5	1,149	1,215
Revenue	7,708	7,452	6,128	6,004	7,605	9,221
Revenue Growth (YoY)	22.62%	21.61%	2.08%	-21.06%	-17.52%	30.13%
Insurance Benefits & Claims	256.5	326.6	320	336.3	486.3	588.7
Policy Amortization Costs	1,849	2,374	2,045	1,952	2,830	2,987
Other Operating Expenses	2,914	3,768	3,449	3,308	3,871	3,932
Operating Income	2,689	983.2	315	406.9	418.7	1,714
Interest Expense	-121.8	-157	-149.6	-132.5	-93	-72.4
Total Non-Operating Income (Expense)	-121.8	-157	-149.6	-132.5	-93	-72.4
Pretax Income	891.4	826.2	165.4	274.4	325.7	1,641
Provision for Income Taxes	216.2	201	32.8	58.9	60.4	392.2
Net Income	672.7	621.8	131.1	216.8	263	1,241
Minority Interest in Earnings	2.5	3.4	1.5	-1.3	2.3	8
Net Income to Common	672.7	621.8	131.1	216.8	263	1,241
Net Income Growth	324.15%	374.29%	-39.53%	-17.57%	-78.81%	78.32%
Shares Outstanding (Basic)	103	103	104	104	107	111
Shares Outstanding (Diluted)	103	104	104	105	107	111
Shares Change (YoY)	-1.06%	-0.57%	-0.29%	-2.52%	-3.68%	-1.42%
EPS (Basic)	6.54	6.02	1.26	2.08	2.46	11.18
EPS (Diluted)	6.53	6.00	1.26	2.07	2.45	11.14
EPS Growth	332.33%	376.19%	-39.13%	-15.51%	-78.01%	80.84%
Shares Outstanding	101.9	101.9	103	103.1	103.2	109.7
Free Cash Flow	-	762.5	679.2	90.9	517.8	1,059
Free Cash Flow Growth	-	12.26%	647.19%	-82.45%	-51.12%	9.10%
Free Cash Flow Per Share	-	7.35	6.51	0.87	4.83	9.51
Dividends Per Share	2.190	2.180	2.140	2.100	2.060	1.940
Dividend Growth	0.46%	1.87%	1.91%	1.94%	6.19%	8.99%
Operating Margin	34.89%	13.19%	5.14%	6.78%	5.51%	18.59%
Profit Margin	8.76%	8.39%	2.16%	3.59%	3.49%	13.55%
FCF Margin	-	10.23%	11.08%	1.51%	6.81%	11.49%
EBITDA	2,689	1,199	522.4	595.4	586.2	1,872
EBITDA Margin	34.89%	16.09%	8.52%	9.92%	7.71%	20.30%
EBIT	2,689	983.2	315	406.9	418.7	1,714
EBIT Margin	34.89%	13.19%	5.14%	6.78%	5.51%	18.59%
Effective Tax Rate	24.25%	24.33%	19.83%	21.46%	18.54%	23.90%

Updated Mar 31, 2026. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q