First American Financial Corporation

First American Financial Corporation

FAF
First American Financial CorporationUS flagNew York Stock Exchange
65.74
USD
+0.90
- -
6.70BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
46.32
43.77
47.73
50.44
51.66
51.02
54.82
62.8
83.01
70.97
57.51
58.91
72.07
74.75
Basic EPS, GAAP
1.74
2.18
2.66
3.1
3.79
4.21
6.25
6.17
11.18
2.46
2.08
1.26
6.02
6.53
Free Cash Flow per Basic Share
3.54
3.37
5.08
4.43
5.66
7.04
8.07
9.62
10.99
7.27
3.4
8.64
9.2
9.8
Dividend per Share
0.48
0.84
1
1.19
1.43
1.58
1.66
1.77
1.92
2.03
2.08
2.12
2.16
2.17
Book Value per Share
4.87
6.2
7.73
9.47
11.74
14.6
19.11
23.55
33.15
34.71
35.58
34.82
38.84
39.6
Tangible Book Value per Share
9.72
9.63
11.11
12.25
15.24
17
23.02
24.52
30.54
19.15
21.56
22.36
28.25
- -
Basic Weighted Avg Shares
107
107
108
111
112
113
113
113
111
107
104
104
103
103
Sales/Revenue/Turnover
4,956
4,678
5,175
5,576
5,769
5,745
6,199
7,080
9,214
7,594
5,998
6,121
7,445
7,701
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
75
86
86
99
128
126
129
149
158
168
188
207
216
218
Net Income, GAAP
186
234
288
343
423
474
707
696
1,241
263
217
131
622
673
Effective Tax Rate (%)
39.79
33.19
33.25
28.08
5.27
21.92
21.55
24.16
23.9
18.54
21.47
19.83
24.33
24.25
Profit Margin (%)
3.76
4.99
5.57
6.15
7.33
8.26
11.41
9.83
13.47
3.46
3.61
2.14
8.35
8.74
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
310
587
581
577
573
572
891
1,307
1,922
1,361
1,340
1,776
1,764
207
Total Equity
2,456
2,576
2,753
3,014
3,483
3,745
4,425
4,922
5,783
4,681
4,863
4,927
5,524
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
26.79
23.55
22.93
22.77
23.89
22.43
24.93
18.42
24.2
5.53
5.4
4.17
11.55
13.75
Return on Common Equity (%)
41.06
39.48
38.4
36.39
35.88
32.11
37.16
28.9
39.18
7.11
5.84
3.58
16.3
17.44

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1,078
906
1,079
LT Borrowings
1,546
1,545
- -
LT Finance Leases
221
218
207
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
102
102
102
Market Capitalization
6,646
6,342
6,211

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
2,992
1,466
- -
Accounts Receivable, Net
470
456
422
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
1,082
601
- -
ST Debt
1,078
906
1,079
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.77%
3.15%
12.12%
Free Cash Flow
15.83%
16.2%
5.94%
Net Income, GAAP
41.87%
63.34%
374.29%
Sales/Revenue/Turnover
4.81%
3.04%
21.64%
Total Cash Common Dividend
7.72%
2.33%
1.04%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,425
1,612
1,406
1,678
6,121
2025
1,582
1,841
1,979
2,042
7,445
2026
1,838
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.45
1.11
-1
0.7
1.26
2025
0.71
1.41
1.84
2.06
6.02
2026
1.21
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.53
0.53
0.54
0.54
2.12
2025
0.54
0.53
0.54
0.54
2.16
2026
0.55
- -
- -
- -
- -

Company Description

MCPAPIChat
CEO
Mark Edward Seaton
Full Time Employees
19,038
Sector
Financial Services
Industry
Insurance - Specialty
Address
1 First American Way Santa Ana CA United States of America 92707-5913
IPO Date
May 28, 2010
Business
First American Financial Corporation provides title insurance, settlement, and risk solutions for real estate transactions primarily in the United States. Its core products and services include title insurance and closing/settlement services; title plant management; title and other real property records and images; valuation products and services; mortgage subservicing; home warranty products; property and casualty insurance; banking, trust, and wealth management services. The company serves residential and commercial real estate markets, supporting homebuyers and sellers, real estate professionals, loan originators and servicers, commercial property professionals, and homebuilders. Founded in 1889, the company is headquartered in Santa Ana, California. Recent major changes include leadership transitions with Mark E. Seaton appointed CEO in 2025, succeeding Ken DeGiorgio, and Matt F. Wajner as CFO. The company continues to advance digital transformation initiatives, such as launching Sequoia, an automated underwriting pilot for purchase transactions to improve operational efficiency. Financially, First American reported approximately $6.1 billion in revenue for 2024, an 18-20% increase in total revenue in its Title Insurance and Services segment compared with prior years, and commercial revenue growth of 47% in late 2024. These reflect a strategic emphasis on technology-driven growth and expanded commercial business lines. The company maintains a broad distribution network throughout the U.S. and offers a comprehensive suite of financial and real estate transaction products, positioning itself as a leader in the digital evolution of title and settlement services.

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