Saturday 17 October 2026
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First American Financial Corporation
FAF Financial Insurance Specialty
First American Financial Corporation’s revenue for fiscal 2025 (year ended December 2025) was $7.5 billion, up 21.6% from fiscal 2024. In the quarter to June 2026, revenue grew 15.0%, EPS grew 51.1%, free cash flow grew 2.71% and total debt was flat, each against the same quarter a year earlier. Dividend growth for ten consecutive years; insiders bought in the last twelve months.
64.96
1.53
+2.41%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
11.99 | 14.74 | 10.60 | 9.33 | 8.33 | 6.99 | 21.91 | 30.04 | 49.56 | 10.19 |
Piotroski F-Score |
7 | 6 | 6 | 6 | 6 | 6 | 5 | 6 | 6 | 8 |
P/S ratio |
0.74 | 1.08 | 0.87 | 1.06 | 0.82 | 0.94 | 0.75 | 1.09 | 1.06 | 0.85 |
P/FCF ratio |
11.22 | 12.28 | 7.42 | 8.17 | 5.91 | 8.06 | 10.90 | 71.62 | 9.54 | 8.32 |
P/Operating CF |
17.33 | 35.32 | 16.31 | 21.89 | 14.40 | 25.25 | 23.31 | (156.30) | 19.99 | 17.19 |
P/B ratio |
1.36 | 1.79 | 1.34 | 1.49 | 1.18 | 1.50 | 1.22 | 1.34 | 1.32 | 1.15 |
Price to Tangible BV |
2.14 | 2.75 | 2.02 | 2.07 | 1.74 | 2.18 | 2.13 | 2.25 | 2.16 | 1.76 |
EV/Sales |
0.69 | 0.97 | 0.75 | 0.94 | 0.78 | 0.99 | 0.81 | 0.72 | 1.03 | 0.87 |
EV/EBITDA |
5.46 | 7.86 | 4.92 | 4.95 | 4.27 | 4.51 | 8.82 | 6.45 | 10.75 | 5.26 |
EV/Operating CF |
7.85 | 8.83 | 5.41 | 6.39 | 5.12 | 7.46 | 7.90 | 12.15 | 7.04 | 6.84 |
EV/FCF |
10.48 | 10.99 | 6.33 | 7.23 | 5.64 | 8.45 | 11.71 | 47.32 | 9.29 | 8.52 |
Quick Ratio |
0.54 | 0.68 | 0.74 | 0.81 | 0.76 | 0.54 | 0.52 | 1.36 | 0.77 | 0.77 |
Current Ratio |
0.54 | 0.68 | 0.74 | 0.81 | 0.76 | 0.54 | 0.52 | 1.36 | 0.77 | 0.77 |
Net Debt/EBITDA |
(0.38) | (0.92) | (0.84) | (0.64) | (0.20) | 0.21 | 0.61 | (3.31) | (0.29) | 0.13 |
Debt/Assets |
8.34% | 7.65% | 6.89% | 6.32% | 7.90% | 10.02% | 11.00% | 8.30% | 10.37% | 9.52% |
Debt/Equity |
0.24 | 0.21 | 0.20 | 0.16 | 0.21 | 0.29 | 0.35 | 0.29 | 0.31 | 0.28 |
Asset Turnover |
0.65 | 0.63 | 0.57 | 0.56 | 0.58 | 0.63 | 0.48 | 0.38 | 0.39 | 0.48 |
Operating CF/Net income |
1.43 | 1.49 | 1.67 | 1.29 | 1.56 | 0.98 | 2.96 | 1.63 | 6.85 | 1.53 |
Capex/Depreciation |
(0.97) | (0.78) | (0.76) | (0.68) | (0.53) | (0.70) | (1.36) | (1.34) | (1.07) | (1.10) |
Interest Coverage |
17.89 | 15.31 | 17.58 | 21.33 | 19.53 | 25.05 | 5.48 | 3.55 | 2.56 | 6.78 |
| 11.89% | 13.02% | 13.13% | 17.31% | 14.89% | 23.19% | 5.03% | 4.54% | 2.68% | 11.90% | |
| 4.02% | 4.60% | 4.70% | 6.38% | 5.72% | 8.49% | 1.67% | 1.37% | 0.83% | 3.99% | |
ROIC |
13.12% | 12.18% | 14.95% | 17.45% | 14.93% | 18.28% | 6.24% | 11.09% | 5.04% | 11.71% |
Return on Tangible Assets |
(45.82%) | (111.81%) | (220.27%) | (1,161.91%) | (221.66%) | (86.01%) | (21.50%) | 10.73% | (139.47%) | (378.22%) |
Average Days of Receivables |
24.07 | 22.12 | 26.23 | 36.65 | 58.41 | 40.26 | 38.96 | 74.27 | 67.07 | 72.67 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
29.68% | 29.86% | 30.43% | 29.12% | 27.39% | 25.49% | 30.76% | 33.13% | 33.61% | 30.33% |
Intangible Assets out of Total Assets |
0.12 | 0.13 | 0.12 | 0.11 | 0.12 | 0.11 | 0.13 | 0.12 | 0.13 | 0.12 |
Share Based Compensation of Revenue |
0.61% | 0.65% | 0.72% | 0.68% | 0.73% | 0.58% | 0.88% | 0.82% | 0.85% | 0.92% |
Graham Net Nets |
(1.08) | (0.70) | (1.00) | (0.76) | (0.94) | (0.97) | (1.44) | (1.09) | (1.10) | (1.23) |
Graham Number |
43.61 | 51.57 | 56.13 | 74.17 | 78.05 | 114.53 | 49.01 | 46.71 | 36.67 | 85.18 |
Earnings Yield |
8.34% | 6.78% | 9.43% | 10.72% | 12.01% | 14.30% | 4.56% | 3.33% | 2.02% | 9.81% |
Free Cash Flow Yield |
8.91% | 8.14% | 13.48% | 12.23% | 16.93% | 12.41% | 9.17% | 1.40% | 10.48% | 12.02% |
Revenue per Share |
50.44 | 51.69 | 51.04 | 54.84 | 62.87 | 83.07 | 71.08 | 57.56 | 58.98 | 72.14 |
Operating CF per Share |
4.43 | 5.66 | 7.04 | 8.07 | 9.63 | 10.99 | 7.27 | 3.40 | 8.64 | 9.20 |
Capex per Share |
(1.11) | (1.11) | (1.03) | (0.94) | (0.89) | (1.29) | (2.36) | (2.52) | (2.10) | (1.82) |
Free Cash Flow per Share |
3.31 | 4.55 | 6.02 | 7.14 | 8.74 | 9.70 | 4.90 | 0.87 | 6.54 | 7.39 |
Cash per Share |
9.10 | 12.42 | 13.03 | 13.14 | 11.31 | 11.06 | 11.43 | 34.57 | 16.54 | 13.43 |
Shareholders Equity per Share |
27.27 | 31.19 | 33.26 | 39.12 | 43.67 | 52.10 | 43.75 | 46.62 | 47.42 | 53.48 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
27.27 | 31.19 | 33.26 | 39.12 | 43.67 | 52.10 | 43.75 | 46.62 | 47.42 | 53.48 |
Free Cash Flow |
366.37 | 507.91 | 677.63 | 807.00 | 985.00 | 1,077.20 | 524.60 | 91.00 | 679.80 | 763.10 |
Working Capital |
(1,182.60) | (817.92) | (673.25) | (502.86) | (759.00) | (1,949.00) | (1,860.30) | 1,271.10 | (839.10) | (846.70) |
Capital Expenditures |
(123.04) | (124.23) | (115.54) | (106.00) | (100.00) | (142.70) | (253.00) | (263.30) | (217.70) | (187.70) |
Net Current Asset Value |
(4,443.52) | (4,353.21) | (5,005.11) | (4,985.39) | (5,465.00) | (8,423.00) | (8,238.80) | (7,113.10) | (7,137.40) | (7,833.50) |
EV/EBIT |
6.67 | 10.13 | 5.96 | 5.70 | 4.99 | 5.02 | 12.05 | 9.15 | 16.48 | 6.11 |
Capex to Sales |
0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.02 | 0.03 | 0.04 | 0.04 | 0.03 |
Price to Operating Income |
7.13 | 11.32 | 6.98 | 6.44 | 5.23 | 4.79 | 11.22 | 13.86 | 16.93 | 5.96 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.29 | 0.36 | 0.33 | 0.35 | 0.42 | 0.41 | 0.29 | 0.26 | 0.27 | 0.25 |
Cash ROIC |
7.70% | 9.06% | 11.40% | 12.16% | 13.67% | 12.44% | 6.95% | 0.92% | 8.30% | 9.02% |
Accounts Receivable Turnover |
17.83 | 16.09 | 15.07 | 11.98 | 8.07 | 8.57 | 8.32 | 5.90 | 5.22 | 5.71 |
Accounts Payable Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Receivables |
312.78 | 358.76 | 381.38 | 517.91 | 878.41 | 1,075.50 | 914.40 | 1,016.70 | 1,173.85 | 1,304.90 |
Average Payables |
1,839.89 | 1,820.95 | 1,821.73 | 1,852.38 | 2,020.20 | 2,351.50 | 2,397.90 | 2,205.85 | 2,149.30 | 2,154.50 |
Average Assets |
8,534.25 | 9,202.50 | 10,101.93 | 11,074.90 | 12,157.59 | 14,623.50 | 15,703.15 | 15,879.05 | 15,855.70 | 15,568.70 |
Average Common Equity |
2,883.74 | 3,248.69 | 3,614.21 | 4,085.20 | 4,673.50 | 5,352.50 | 5,232.10 | 4,772.00 | 4,894.90 | 5,225.65 |
Columns are period end dates