First American Financial Corp (FAF)

First American Financial Corporation, through its subsidiaries, provides financial services. It operates through Title Insurance and Services, and Home Warranty segments. The Title Insurance and Services segment issues title insurance policies on residential and commercial property, as well as offers related products and services internationally. This segment also provides closing and/or escrow services; products, services, and solutions to mitigate risk or otherwise facilitate real estate transactions; appraisals and other valuation-related products and services; lien release, document custodial, and default-related products and services; document generation services; warehouse lending services; and subservices mortgage loans; as well as banking, trust, and wealth management services. In addition, it accommodates tax-deferred exchanges of real estate; and maintains, manages, and provides access to title plant data and records. This segment offers its products through a network of direct operations and agents in various states and in the District of Columbia, as well as in Canada, the United Kingdom, Australia, New Zealand, South Korea, and internationally. The Home Warranty segment provides home warranty products, including residential service contracts that cover residential systems, such as heating and air conditioning systems, and certain appliances against failures that occur as the result of normal usage during the coverage period. This segment operates in various states and the District of Columbia. First American Financial Corporation was founded in 1889 and is based in Santa Ana, California.

Symbol
FAF
Exchange
NYSE
Sector
Financial Services
Industry
Insurance - Specialty
Market cap
$6.95B
52 week range
56.2 - 79.87

Valuation

Share price
$68.09 (close of 2026-09-23)
P/E (TTM)
9.42x
Price to book
1.23x
Price to free cash flow
8.34x
Enterprise value
$7.11B
Book value per share
$55.33

Price performance

PeriodChange
1 day-1.69%
5 days-6.51%
1 month-5.11%
3 months-1.94%
6 months+17.28%
Year to date+10.82%
1 year+4.21%
3 years+16.75%
5 years+1.85%
10 years+68.21%
All time+371.21%

Profitability and growth

Return on equity
11.26%
Return on assets
3.83%
Net margin
8.34%
EBITDA margin
16.05%
Revenue growth
21.61%
Net income growth
374.29%
Free cash flow growth
12.26%

Cash flow and balance sheet

Free cash flow yield (TTM)
11.98%
Net debt to EBITDA
0.12x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$7.45B
EBITDA
$1.20B
Net income
$621.80M
Earnings per share
$6.02
Interest expense
$157.00M
Shares outstanding
103.30M

Income statement by year

Period endRevenueNet incomeEPS
2025-12-31$7.45B$621.80M$6.02
2024-12-31$6.13B$131.10M$1.26
2023-12-31$6.00B$216.80M$2.08
2022-12-31$7.61B$263.00M$2.46
2021-12-31$9.22B$1.24B$11.18
2020-12-31$7.09B$696.00M$6.18
2019-12-31$6.20B$707.00M$6.26
2018-12-31$5.75B$474.50M$4.21
2017-12-31$5.77B$423.05M$3.79
2016-12-31$5.58B$342.99M$3.10

Margins and returns by year

Period endNet marginReturn on equity
2025-12-318.34%11.26%
2024-12-312.14%2.66%
2023-12-313.61%4.46%
2022-12-313.46%5.62%
2021-12-3113.46%21.49%
2020-12-319.82%14.16%
2019-12-3111.40%15.98%
2018-12-318.26%12.67%
2017-12-317.33%12.15%
2016-12-316.15%11.38%

Cash and debt by year

Period endCashDebt
2025-12-31$1.39B-
2024-12-31$1.72B-
2023-12-31$3.61B-
2022-12-31$1.22B-
2021-12-31$1.23B-
2020-12-31$1.27B-
2019-12-31$1.49B$160.00M
2018-12-31$1.47B$160.00M
2017-12-31$1.39B$160.00M
2016-12-31$1.01B$160.00M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$762.50M$68.40M
2024-12-31$679.20M$52.00M
2023-12-31$90.90M$49.10M
2022-12-31$517.80M$67.30M
2021-12-31$1.06B$53.60M
2020-12-31$971.00M$52.00M
2019-12-31$806.00M$42.00M
2018-12-31$675.00M$41.15M
2017-12-31$497.93M$37.40M
2016-12-31$357.15M$34.13M

Dividend history

Most recent payment
2026-06-08
Paid in the last twelve months
$1.65
Payment dateDividend per share
2026-06-08$0.55
2026-03-09$0.55
2025-12-08$0.55
2025-09-22$0.55
2025-06-09$0.54
2025-03-10$0.54
2024-12-09$0.54
2024-09-20$0.54

Investor relations

Next earnings report

Next confirmed report
2026-10-21
Consensus EPS estimate
$1.88

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-22Jun/2026$1.80
2026-04-22--
2026-02-11--
2025-10-22--
2025-07-23--
2025-04-23--
2025-02-12--
2024-10-23--

Filings and sources

Company website
firstam.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Understanding these figures

Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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