First American Financial CorpFAF

NYSEFinanceTitle Insurance
Price (close)
$65.60
Market cap
$6.7B
P/E
9.0x
Revenue (TTM)
$8.0B
Net income
$745.1M
Dividend yield
2.52%
1-year total return
4.7%
Net margin
9.3%
Revenue growth
22.6%
Debt / equity
—

What First American Financial Corp does.

First American Financial Corporation traces its heritage back to 1889. On June 1, 2010, its common stock was listed on the New York Stock Exchange under the ticker symbol “FAF.” First American’s executive offices are located at 1 First American Way, Santa Ana, California 92707-5913 and its telephone number is (714) 250-3000.

Unless otherwise indicated or otherwise required by the context, the terms “we,” “our,” “it,” “its,” “Company” and “First American” refer to First American Financial Corporation and its subsidiaries.

The Company, through its subsidiaries, is engaged in the business of providing title insurance, settlement services and other financial services and risk solutions through its title insurance and services segment and its home warranty segment. The title insurance and services segment provides title insurance, closing and/or escrow services and similar or related services domestically and internationally in connection with residential and commercial real estate transactions. The segment also provides products, services and solutions that are designed to mitigate risk in, or otherwise facilitate, real estate transactions. Many of these products, services and solutions involve the use of real property-related data, including data derived from the Company’s proprietary databases. In addition, the segment provides banking, trust, warehouse lending, mortgage subservicing and wealth management services. The home warranty segment sells home warranty products. Our corporate segment consists of certain financing facilities, our venture investment portfolio, operating results related to our property and casualty insurance business, which no longer sells policies or has policies in force, and certain corporate services that support our business operations. The substantial majority of our business is dependent upon activity in the real estate and mortgage markets.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$7.1B$9.2B$7.6B$6.0B$6.1B$7.5B
Net income$696.0M$1.2B$263.0M$216.8M$131.1M$621.8M
Free cash flow$971.0M$1.1B$517.8M$90.9M$679.2M$762.5M

More on FAF.

Figures from First American Financial Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.