First American Corporation

First American Corporation

FAF · NYSE · Financial Services / Insurance - Specialty

64.87USD+0.47 (+0.73%)

Price History

Full chart

Market Stats

Previous Close64.40
Open64.91
Day Range64.28 – 65.36
52-Week Range55.74 – 79.87
Volume997.00K
Market Cap6.70B
P/E (TTM)9.44
Forward P/E9.38
EPS6.95
Dividend Yield3.58%
Beta1.23
50-Day Avg72.90
200-Day Avg67.25

About

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.

Company Details

  • SectorFinancial Services
  • IndustryInsurance - Specialty
  • CEOMr. Mark Edward Seaton
  • Employees19.10K
  • Headquarters1 First American Way, Santa Ana, CA, United States, 92707-5913, USA
  • Websitehttps://www.firstam.com

Leadership

  • Mr. Dennis Joseph GilmoreExecutive Chairman of the Board · b. 1958
  • Mr. Mark Edward SeatonCEO & Director · b. 1978
  • Mr. Matthew Feivish WajnerExecutive VP & CFO · b. 1976
  • Mr. Steven Alan AdamsVP & Chief Accounting Officer · b. 1970
  • Ms. Lisa Walgenbach CornehlChief Legal Officer & Secretary · b. 1979
  • Mr. James Hoggs RogersVice President of Investments
  • Mr. Jody MulkeyChief Technology Officer
  • Shabnam F. JalakianVP & Chief Information Security Officer
  • Mr. Craig BarberioVice President of Investor Relations
  • Mr. Marcus K. ReeseVP & Chief Communications Officer

Financials

Income Statement

Currency: USD2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue6.08B4.37B4.05B3.91B3.82B4.54B4.96B4.68B5.18B5.58B5.77B5.75B6.20B7.08B9.21B7.59B6.00B6.12B7.45B
Growth (%)--28.12%-7.35%-3.46%-2.20%+18.88%+9.12%-5.61%+10.64%+7.74%+3.46%-0.41%+7.90%+14.21%+30.14%-17.58%-21.02%+2.04%+21.64%
Cost of Revenue875.86M509.56M346.71M1.54B1.62B1.77B2.17B1.92B2.15B2.29B2.31B2.25B2.32B2.76B3.58B3.32B2.29B2.36B326.60M
Gross Profit5.20B3.86B3.70B2.36B2.21B2.77B2.79B2.76B3.03B3.29B3.45B3.49B3.88B4.32B5.64B4.28B3.71B3.76B7.12B
Gross Margin85.59%88.33%91.43%60.50%57.72%61.07%56.26%58.91%58.50%58.93%59.89%60.79%62.57%60.96%61.20%56.34%61.85%61.37%95.61%
Operating Expense5.41B3.97B3.50B2.15B2.07B2.31B2.48B2.41B2.59B2.81B3.01B2.88B2.97B3.39B4.00B3.95B3.44B3.59B6.29B
Operating Income-208.83M-115.92M204.34M212.11M130.29M467.41M310.71M350.56M432.76M477.58M445.33M609.54M905.00M923.00M1.64B325.70M274.40M165.40M826.20M
Operating Margin-3.44%-2.65%5.05%5.43%3.41%10.29%6.27%7.49%8.36%8.57%7.72%10.61%14.60%13.04%17.81%4.29%4.57%2.70%11.10%
EBITDA-71.41M6.54M306.64M307.63M219.25M551.42M400.93M455.40M547.47M608.84M609.37M776.44M1.08B1.13B1.87B586.20M595.40M522.40M1.20B
EBITDA Margin-1.18%0.15%7.58%7.87%5.74%12.14%8.09%9.74%10.58%10.92%10.56%13.51%17.45%15.95%20.32%7.72%9.93%8.53%16.11%
Net Income-142.98M-84.00M122.39M127.83M78.28M301.04M186.37M233.53M288.09M342.99M423.05M474.50M707.00M696.00M1.24B263.00M216.80M131.10M621.80M
Net Income Margin-2.35%-1.92%3.02%3.27%2.05%6.63%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%
R&D---000000000-------
R&D as % of Total Revenue---0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense42.61M27.21M19.82M14.88M12.06M9.07M15.30M19.25M29.11M32.21M35.99M40.98M48.00M57.00M72.40M93.00M132.50M149.60M157.00M
Interest Expense % of Total Revenue0.70%0.62%0.49%0.38%0.32%0.20%0.31%0.41%0.56%0.58%0.62%0.71%0.77%0.81%0.79%1.22%2.21%2.44%2.11%

Balance Sheet

Currency: USD2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets5.35B5.67B5.53B5.82B5.37B8.40B8.98B10.24B11.02B11.85B13.06B14.38B15.94B12.81B16.47B19.64B16.80B14.91B16.23B
Total Liabilities3.31B3.69B3.50B3.83B3.34B6.05B6.52B7.66B8.25B8.83B9.57B10.63B11.52B7.89B10.68B14.96B11.94B9.98B10.73B
Total Equity1.93B1.89B2.02B1.98B2.03B2.35B2.45B2.57B2.76B3.01B3.48B3.75B4.43B4.92B5.78B4.69B4.85B4.91B5.50B
Cash906.39M723.65M583.03M728.75M418.30M698.40M858.33M1.21B1.05B1.03B1.43B1.50B1.53B1.28B1.23B1.22B3.66B1.80B1.39B
Total Debt306.58M293.97M259.31M293.82M299.98M229.76M310.29M587.34M1.17B896.69M892.81M1.04B1.45B2.04B2.72B2.38B2.19B2.42B1.91B
Net Debt-599.80M-429.68M-323.71M-434.93M-118.32M-468.64M-548.04M-624.19M-465.44M-290.67M-695.75M-695.01M-200.96M-264.71M1.23B1.06B-1.47B616.80M518.60M

Cash Flow

Currency: USD2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-60.64M105.18M229.68M155.54M133.82M429.68M378.47M360.64M551.32M489.42M632.13M793.16M913.09M1.08B1.22B780.00M354.30M897.50M950.80M
Investing Cash Flow-369.51M-805.51M-89.02M-278.97M-30.26M-434.59M-465.16M-836.69M-974.42M-610.15M-387.17M-1.22B-452.23M-1.42B-3.39B-395.00M599.50M-458.70M-1.46B
Financing Cash Flow-214.28M517.60M-281.28M220.88M-414.01M213.72M252.79M837.06M266.36M106.79M128.02M514.74M-445.07M113.92M2.13B-376.00M1.42B-2.31B164.40M
Capital Expenditure128.73M88.63M42.30M88.72M69.80M83.89M87.14M97.22M123.70M132.26M134.21M118.17M106.98M114.08M161.00M260.00M263.40M218.30M188.30M
Free Cash Flow-189.36M16.55M187.37M66.82M64.02M345.78M291.33M263.42M427.63M357.15M497.93M675.00M806.11M970.58M1.06B520.00M90.90M679.20M762.50M
Dividends Paid68.77M21.34M92.38M142.50M25.22M44.70M51.32M89.94M108.52M131.54M159.28M178.49M188.44M198.66M213.00M217.00M216.60M220.70M223.00M
FCF to OCF312.29%15.73%81.58%42.96%47.84%80.48%76.98%73.04%77.56%72.97%78.77%85.10%88.28%89.48%86.80%66.67%25.66%75.68%80.20%
Dividend Paid to FCF-36.32%128.97%49.30%213.27%39.39%12.93%17.62%34.14%25.38%36.83%31.99%26.44%23.38%20.47%20.11%41.73%238.28%32.49%29.25%

Earnings

Report DateNov 3, 2006Feb 3, 2007Jun 2, 2010Aug 3, 2010Oct 28, 2010Feb 24, 2011Apr 28, 2011Jul 28, 2011Oct 27, 2011Feb 27, 2012Apr 26, 2012Jul 26, 2012Oct 25, 2012Feb 21, 2013Apr 25, 2013Jul 25, 2013Oct 24, 2013Feb 13, 2014Apr 24, 2014Jul 24, 2014Oct 23, 2014Feb 12, 2015Apr 23, 2015Jul 23, 2015Oct 22, 2015Feb 11, 2016Apr 21, 2016Jul 21, 2016Oct 20, 2016Feb 9, 2017Apr 27, 2017Jul 27, 2017Oct 26, 2017Feb 8, 2018Apr 26, 2018Jul 26, 2018Oct 25, 2018Feb 14, 2019Apr 25, 2019Jul 25, 2019Oct 24, 2019Feb 13, 2020Apr 23, 2020Jul 23, 2020Oct 22, 2020Feb 11, 2021Apr 22, 2021Jul 22, 2021Oct 21, 2021Feb 10, 2022Apr 28, 2022Jul 28, 2022Oct 27, 2022Feb 9, 2023Apr 27, 2023Jul 27, 2023Oct 26, 2023Feb 7, 2024Apr 24, 2024Jul 24, 2024Oct 23, 2024Feb 12, 2025Apr 23, 2025Jul 23, 2025Oct 22, 2025Feb 5, 2026Apr 22, 2026Jul 22, 2026Oct 21, 2026
EPS Estimate1.050.94-0.280.310.300.160.230.350.360.320.430.620.620.420.700.590.490.080.510.590.570.310.670.730.660.360.820.900.820.420.930.990.900.661.251.291.140.681.371.441.471.000.851.291.721.331.691.871.821.231.601.521.330.771.011.200.820.601.171.151.090.651.401.451.381.051.801.88
EPS Actual1.050.940.130.300.310.440.110.300.200.380.290.680.950.850.330.290.630.510.190.430.650.700.350.830.710.780.440.870.910.720.520.981.050.940.721.331.261.270.741.581.641.801.061.051.312.111.642.132.152.281.171.971.621.350.491.351.220.690.451.271.341.350.841.531.701.991.332.08-
Surprise0.00%0.00%-7.14%0.00%46.67%-31.25%30.43%-42.86%5.56%-9.38%58.14%53.23%37.10%-21.43%-58.57%6.78%4.08%137.50%-15.69%10.17%22.81%12.90%23.88%-2.74%18.18%22.22%6.10%1.11%-12.20%23.81%5.38%6.06%4.44%9.09%6.40%-2.33%11.40%8.82%15.33%13.89%22.45%6.00%23.53%1.55%22.67%23.31%26.04%14.97%25.27%-4.88%23.13%6.58%1.50%-36.36%33.66%1.67%-15.85%-25.00%8.55%16.52%23.64%29.23%9.29%17.24%44.20%26.67%15.56%-
TimingAfter-hoursAfter-hours-Pre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap6.70B
Enterprise Value7.01B
Trailing P/E9.44
Forward P/E9.38
PEG Ratio2.98
Price / Sales0.84
Price / Book1.24
EPS6.95
Book Value55.11
Revenue (TTM)7.98B
Gross Profit (TTM)5.11B
EBITDA1.37B
Profit Margin9.33%
Operating Margin15.57%
Return on Equity13.85%
Return on Assets4.09%
Shares Outstanding102.10M
Shares Float98.76M
Beta1.23
Dividend Yield3.58%
Dividend Rate2.44
Payout Ratio31.83%

Analyst Ratings

Buy
Based on 4 analystsTarget 87.67
  • Strong Buy
    2
  • Buy
    1
  • Hold
    1

Ownership Breakdown

Institutions
99.14%
Insiders
3.53%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    9.23M9.04%
  • FMR Inc
    9.16M8.97%
  • Boston Partners Global Investors, Inc
    5.84M5.72%
  • Vanguard Portfolio Management, LLC
    5.22M5.11%
  • Dimensional Fund Advisors, Inc.
    4.90M4.80%
  • Vanguard Capital Management, LLC
    4.39M4.30%
  • State Street Corp
    3.27M3.20%
  • Ariel Investments, LLC
    3.23M3.16%
  • LSV Asset Management
    2.32M2.27%
  • Geode Capital Management, LLC
    1.86M1.82%
  • First Trust Advisors L.P.
    1.72M1.68%
  • Capital World Investors
    1.70M1.66%
  • Morgan Stanley - Brokerage Accounts
    1.68M1.65%
  • Reinhart Mahoney Capital Management Inc
    1.55M1.52%
  • American Century Companies Inc
    1.53M1.50%

Top Fund Holders

  • iShares Core S&P Mid-Cap ETF
    3.57M3.50%
  • Vanguard MStar Total Stk Mkt Idx Invest
    3.08M3.02%
  • JHancock Disciplined Value Mid Cap I
    2.24M2.19%
  • Vanguard Small Cap Index
    2.23M2.18%
  • American Funds SMALLCAP World A
    1.65M1.62%

Dividends

20262×
0.55Jun 8, 20260.55Mar 9, 2026
20254×
0.55Dec 8, 20250.55Sep 22, 20250.54Jun 9, 20250.54Mar 10, 2025
20244×
0.54Dec 9, 20240.54Sep 20, 20240.53Jun 10, 20240.53Mar 7, 2024
20234×
0.53Dec 7, 20230.53Sep 7, 20230.52Jun 7, 20230.52Mar 7, 2023
20224×
0.52Dec 7, 20220.52Sep 7, 20220.51Jun 7, 20220.51Mar 7, 2022
20214×
0.51Dec 7, 20210.51Sep 7, 20210.46Jun 7, 20210.46Mar 5, 2021
20202×
0.46Dec 7, 20200.44Sep 4, 2020