First American Financial Corp (FAF)
First American Financial Corp brought in $8.1B of revenue over the twelve months to September 30, 2026, up 14.1% from a year earlier. Net income was $732.5M, a net margin of 9.1%. Operating cash flow minus capital spending left $762.5M of free cash flow in fiscal 2025. At September 30, 2026 it held $1.7B in cash against $1.5B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 23, 2026.
Key facts about First American Financial Corp
- Net worth
- First American Financial Corp has a market value (market cap) of $6.9B at the latest share price, and shareholders' equity of $5.4B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $7.5B (+21.6% year on year), with net income of $621.8M. Over the 12 months to September 30, 2026: revenue $8.1B, net income $732.5M.
- Cash flow
- In fiscal 2025 operations brought in $950.8M of cash; after $188.3M of capital spending, free cash flow was $762.5M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 23, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- First American Financial Corp's next report is expected around February 10, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- First American Financial Corp declared dividends of $2.18 per share in fiscal 2025, a yield of 3.22% at the current price.
What First American Financial Corp does
First American Financial Corp is registered with the SEC under industry code SIC 6361 (Title Insurance). Its shares trade on NYSE under the ticker FAF.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $7.5B | $621.8M | $6.00 | $762.5M |
| 2024 | $6.1B | $131.1M | $1.26 | $679.2M |
| 2023 | $6B | $216.8M | $2.07 | $90.9M |
| 2022 | $7.6B | $263M | $2.45 | $517.8M |
| 2021 | $9.2B | $1.2B | $11.14 | $1.1B |
| 2020 | $7.1B | $696M | $6.16 | $971M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where FAF ranks in Finance
Dividends
First American Financial Corp declared $2.18 per share in fiscal 2025. At the current price that is a yield of 3.22%. It paid out $223M in cash dividends, 36% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $2.18 | $223M | 36% |
| 2024 | $2.14 | $220.7M | 168% |
| 2023 | $2.10 | $216.6M | 100% |
| 2022 | $2.06 | $217.5M | 83% |
| 2021 | $1.94 | $213M | 17% |
| 2020 | $1.78 | $199M | 29% |
Latest SEC filings
What First American Financial Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 9, 2026Form 13F-HR filing 13F-HR
- November 3, 2026
- October 23, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 5.3% to $2.1B versus the same quarter last year; diluted EPS $1.72 versus $1.84.
- October 21, 2026
- August 24, 2026Form N-PX filing N-PX
- August 10, 2026Form 13F-HR filing 13F-HR
- July 23, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 15% to $2.1B versus the same quarter last year; diluted EPS $2.12 versus $1.41.
- July 22, 2026
- May 15, 2026
- May 12, 2026Form 13F-HR filing 13F-HR
What is FAF worth? A DCF from its reported cash flow
Insider trades
What the people running First American Financial Corp did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| July 24, 2026 | Adams Steven AVP & Chief Accounting Officer | Sold | 3,253 | $243.9K |
| July 24, 2026 | Adams Steven AVP & Chief Accounting Officer | Sold | 0 | $0.1 |
| June 22, 2026 | Gilmore Dennis JDirector | Received as pay | 14,570 | - |
| June 22, 2026 | Cornehl Lisa WSVP, Chief Legal Officer | Shares withheld for tax | 160 | $11K |
| June 22, 2026 | Seaton Mark EdwardChief Executive Officer, Director | Shares withheld for tax | 2,372 | $162.8K |
| June 22, 2026 | Wajner Matthew F.EVP, Chief Financial Officer | Shares withheld for tax | 619 | $42.5K |
| May 5, 2026 | Cornehl Lisa WSVP, Chief Legal Officer | Sold | 5,823 | $399.6K |
| April 29, 2026 | Gilmore Dennis JDirector | Other change | 13,311 | - |
Who owns FAF
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| First American Financial Corporation13D, may seek influence | 10.83% | February 25, 2026 |
| Fmr LLC13G, passive with 1 related filers | 9% | August 6, 2025 |
| Boston Partners13G, passive | 5.29% | August 11, 2025 |
| Vanguard Portfolio Management13G, passive | 5.11% | April 29, 2026 |
| Vanguard Capital Management13G, passive | 5.04% | April 29, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 473 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 9,382,850 | +156,988 |
| Fmr LLC | 9,160,791 | +112 |
| Boston Partners | 5,841,231 | +92,007 |
| Vanguard Portfolio Management LLC | 5,410,437 | +194,442 |
| Dimensional Fund Advisors LP | 4,897,760 | +261,296 |
| Vanguard Capital Management LLC | 4,422,387 | +31,997 |
| State Street Corp | 3,389,352 | +123,778 |
| Ariel Investments, LLC | 3,229,706 | -609,296 |
| Arrowstreet Capital, Limited Partnership | 1,977,842 | +693,425 |
| Geode Capital Management, LLC | 1,868,020 | +12,880 |
| First Trust Advisors LP | 1,715,719 | +410,899 |
| Capital World Investors | 1,695,676 | -174,324 |
| Reinhart Partners, LLC. | 1,553,234 | +28,534 |
| American Century Companies Inc | 1,527,817 | +458,028 |
| Wellington Management Group Llp | 1,524,879 | -435,594 |
| Morgan Stanley | 1,508,362 | -176,104 |
| Davis Asset Management, L.P. | 1,500,000 | 0 |
| Channing Capital Management, LLC | 1,425,763 | -42,483 |
| Norges Bank | 1,245,979 | new |
| Goldman Sachs Group Inc | 1,240,909 | +899,237 |
Insiders
14 insiders reported holding 3,469,830 shares in total, about $234.7M at the last price.
| Holder | Shares |
|---|---|
| Kennedy Parker SDirector | 2,419,5162,165,546 held indirectly |
| Gilmore Dennis JDirector | 477,031 |
| Seaton Mark EdwardChief Executive Officer, Director | 232,081 |
| Doti James LDirector | 71,597 |
| Mckee Michael DDirector | 56,063 |
| Oman Mark CDirector | 53,394 |
| Wajner Matthew F.EVP, Chief Financial Officer | 52,997 |
| Cornehl Lisa WSVP, Chief Legal Officer | 29,656 |
| Gilyard Reginald HaroldDirector | 25,127 |
| McCarthy Margaret MDirector | 24,024 |
Questions about FAF
What does First American Financial Corp do?
First American Financial Corp is a company in the Finance sector, listed on NYSE as FAF. Its shares trade on NYSE under the ticker FAF.
What is First American Financial Corp's net worth?
First American Financial Corp has a market value (market cap) of $6.9B at the latest share price, and shareholders' equity of $5.4B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is First American Financial Corp profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $732.5M on revenue of $8.1B, a net margin of 9.1%.
How much revenue does First American Financial Corp make?
Over the twelve months to September 30, 2026 First American Financial Corp reported revenue of $8.1B. That is 14.1% more than a year earlier.
When did First American Financial Corp last report?
Its most recent periodic report is the quarterly report (10-Q) filed on October 23, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the form 13F-HR filing from November 9, 2026.
When is First American Financial Corp's next earnings report?
First American Financial Corp's next report is expected around February 10, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does First American Financial Corp pay a dividend?
Yes. First American Financial Corp declared dividends of $2.18 per share in fiscal 2025, a yield of 3.22% at the current price.
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Where the numbers come from
Financial figures are the values First American Financial Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.