First American Financial Corporation

First American Financial Corporation

FAF
First American Financial CorporationUS flagNew York Stock Exchange
76.51
USD
+2.46
- -
7.81BMarket 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
77.59
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
7.25
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
9.77
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
2.18
Book Value per Share
23.16
23.92
25.21
27.36
31.37
33.56
39.3
44.49
52.57
45.13
47.02
47.65
53.92
55.11
Tangible Book Value per Share
9.79
9.55
11.01
12.26
15.31
17.14
23.1
24.94
30.76
19.63
21.67
22.38
28.37
29.68
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
7,977
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
75
86
86
99
128
126
129
149
158
168
188
207
216
219
Net Income, GAAP
186
234
288
343
423
474
707
696
1,241
263
217
131
622
745
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
23.76
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
9.34
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
310
587
581
577
573
572
891
1,307
1,922
1,361
1,340
1,776
1,764
1,753
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
5,644
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
7.29
8.29
9.44
10.32
11.51
11.52
14.39
11.76
17.19
4.43
4.6
3.46
9.49
18.32
Return on Common Equity (%)
7.76
9.29
10.82
11.91
13.04
13.14
17.32
14.92
23.25
5.05
4.56
2.69
11.95
57.38

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
906
1,079
1,036
LT Borrowings
1,545
- -
1,546
LT Finance Leases
218
207
206
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
102
102
102
Market Capitalization
6,267
6,156
6,996

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
1,466
- -
2,728
Accounts Receivable, Net
456
422
473
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
601
- -
958
ST Debt
906
1,079
1,036
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
2,117
- -
- -
- -

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
2.13
- -
- -
- -

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
0.55
- -
- -
- -

Company Description

CEO
Mark Edward Seaton
Full Time Employees
19,102
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.

Company News

  • First American Financial: Bargain Dividend Stock With AI-Fueled Upside

  • First American's Housing Business Faces High Mortgage-Rate Pressure

  • First American Title President Sally French Tyler Named a HousingWire Vanguard Award Winner for the Second Time

  • Should Value Investors Buy First American Financial (FAF) Stock?

  • 24,700 Shares in First American Financial Corporation $FAF Purchased by Caisse de depot et placement du Quebec

  • Why First American Financial (FAF) is a Top Dividend Stock for Your Portfolio

  • First American Exchange Company Launches The 1031 Brief™ Podcast to Help Real Estate Investors and Advisors Better Understand 1031 Exchange Planning

  • First American Home Warranty Names Jason Gritters Chief Revenue Officer

  • BlackRock Inc. Purchases New Shares in First American Financial Corporation $FAF

  • 380,607 Shares in First American Financial Corporation $FAF Purchased by Barrow Hanley Mewhinney & Strauss LLC

  • First American Financial (FAF) Up 4.4% Since Last Earnings Report: Can It Continue?

  • Can First American's Home Warranty Maintain Its Profitability?

  • 66,886 Shares in First American Financial Corporation $FAF Bought by Advisors Capital Management LLC

  • 5 Value Stocks With Alluring EV-to-EBITDA Ratios to Scoop Up

  • U.S. Annual House Price Growth Holds Near 1 Percent for Third Straight Month, According to First American Data & Analytics Monthly Home Price Index Report

  • Are Investors Undervaluing First American Financial (FAF) Right Now?

  • Here's Why First American Financial (FAF) is a Strong Value Stock

  • First American Financial (FAF) Is Attractively Priced Despite Fast-paced Momentum

  • FAF Stock Trading at a Discount to Industry at 1.30X: Time to Hold?

  • First American Financial (FAF) Could Be a Great Choice