First American Financial Corporation (FAF)

First American Financial Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	6,917	7,051	8,084	9,271	6,261	5,822
Investments in Equity & Preferred Securities	725	735.6	754.2	1,176	750	392.32
Other Investments	55.4	55.8	63.4	58	46	283.49
Total Investments	7,697	7,842	8,901	10,505	7,057	6,498
Cash & Equivalents	2,953	3,605	1,224	1,228	1,275	1,486
Other Receivables	1,429	1,244	822.5	1,017	1,134	622.81
Property, Plant & Equipment	1,013	982.1	888.3	757	715	737.96
Goodwill	1,811	1,808	1,798	1,588	1,379	1,151
Other Intangible Assets	803.1	806.2	833.6	805	779	671.51
Long-Term Deferred Tax Assets	50.1	50.1	54.5	14	14	18.28
Other Long-Term Assets	809.5	465.7	433.5	537	443	333.93
Total Assets	16,566	16,803	14,955	16,451	12,796	11,519
Accounts Payable	897.2	63.3	51	87	56	58.58
Accrued Expenses	-	655.8	689.6	870	766	657.81
Unpaid Claims	1,230	1,282	1,325	1,284	1,178	1,063
Current Portion of Leases	-	85.5	-	-	-	-
Short-Term Debt	878.2	553.3	366.3	538	516	278.41
Current Income Taxes Payable	124.9	15.9	10	24	54	25.48
Long-Term Debt	1,848	1,391	1,643	1,648	1,007	723.42
Long-Term Leases	242.2	164.2	272.6	274	300	327.59
Long-Term Deferred Tax Liabilities	63.6	63.6	16.3	345	291	266.11
Other Current Liabilities	5,962	7,468	5,704	5,374	3,434	3,441
Total Liabilities	11,456	11,940	10,274	10,668	7,874	7,094
Common Stock	-	-	-	-	-	0
Additional Paid-In Capital	1,781	1,793	1,812	2,179	2,215	2,301
Retained Earnings	3,601	3,711	3,714	3,680	2,655	2,161
Comprehensive Income & Other	-290.5	-655.8	-868.9	-92	40	-41.49
Total Common Equity	5,092	4,848	4,658	5,767	4,910	4,420
Minority Interest	18.4	14.7	23.4	16	12	4.52
Shareholders' Equity	5,111	4,863	4,681	5,783	4,922	4,425
Total Liabilities & Equity	16,566	16,803	14,955	16,451	12,796	11,519
Filing Date Shares Outstanding	103	103.1	103.13	109.34	109.85	112.51
Total Common Shares Outstanding	103	103.1	103.2	109.7	110.35	112.48
Total Debt	2,968	2,194	2,281	2,460	1,823	1,329
Net Cash (Debt)	-14.7	1,412	-1,058	-1,232	-548	156.54
Net Cash Growth	-	-	-	-	-	-76.24%
Net Cash Per Share	-0.14	13.49	-9.86	-11.06	-4.85	1.38
Book Value Per Share	49.44	47.02	45.13	52.57	44.49	39.30
Tangible Book Value	2,478	2,234	2,026	3,374	2,752	2,598
Tangible Book Value Per Share	24.06	21.67	19.63	30.76	24.94	23.10
Land	-	26.6	26.6	24	24	25.3
Buildings	-	193.4	189.1	185	181	191.07
Machinery	-	184.8	230	215	216	222.54
Leasehold Improvements	-	71.3	72.3	70	69	66.47

Source: S&P Capital IQ. Insurance template. Financial Sources.