FAFNYSETitle InsuranceFiscal year ends December 31
First American Financial Corp
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 23, 2026
$64.82−0.10 (-0.15%)
Close on Oct 19, 2026
- Market cap
- $6.68B
- P/E (TTM)
- 9.0
- Dividend yield
- 3.36%
Margins
Share of revenue, fiscal years 2011 to 2025
Net margin
8.3%−1.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +21.6% | -0.7% | +1.0% | +3.7% | |
| Net income | +374.3% | +33.2% | -2.2% | +8.0% | |
| EPS, diluted | +376.2% | +34.8% | -0.5% | +8.6% | |
| Free cash flow | +12.3% | +13.8% | -4.7% | +6.0% | |
| Dividend per share | +1.9% | +1.9% | +4.1% | +8.1% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 11.9% | 14.9% | 11.9% | |
| Return on assets | 4.0% | 5.7% | 4.0% | |
| Capex to revenue | 2.4% | 1.6% | 2.5% | |
| Diluted shares | 111M | 113M | 104M |
Where the cash went
Fiscal 2021 to 2025, five years combined
First American Financial generated $4.20B from operations and spent $2.98B on capital expenditure, dividends and share buybacks. 37% of that went back into the business.
Generated
$4.20B
Used
$2.98B
Capital expenditure$1.09B37%Dividends$1.09B37%Share buybacks$803.40M27%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin8.3%
×Asset turnover0.48×
×Equity multiplier2.99×
=Return on equity, FY202511.9%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 8.3% | 0.48× | 2.99× | 11.9% |
| FY2024 | 2.1% | 0.39× | 3.25× | 2.7% |
| FY2023 | 3.6% | 0.38× | 3.34× | 4.6% |
| FY2022 | 3.5% | 0.48× | 3.01× | 5.0% |
| FY2021 | 13.5% | 0.63× | 2.74× | 23.2% |
| FY2020 | 9.8% | 0.58× | 2.61× | 14.9% |
| FY2019 | 11.4% | 0.56× | 2.71× | 17.3% |
| FY2018 | 8.3% | 0.57× | 2.80× | 13.1% |
| FY2017 | 7.3% | 0.63× | 2.84× | 13.0% |
| FY2016 | 6.2% | 0.65× | 2.96× | 11.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$621.80M
- Cash generatingOperating cash flow above zero$950.80M
- Return on assets improvedROA up on the prior year0.8% → 4.2%
- Earnings backed by cashOperating cash flow above net income$950.80M vs $621.80M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise104M → 104M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.36 → 0.50