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.

Revenue
+5.34%
EPS
−6.52%
Free cash flow
−12.3%
Total debt
+0.08%

Quarter to September 2026, against a year earlier

67.94 0.27 +0.40%
Market cap
$7.0B
P/E
9.5×
Fwd P/E
9.6×
Dividend yield
3.33%
F-score
8/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

First American Financial Corporation (FAF) Net margin

Alert me on Net margin

First American Financial Corporation's net margin over the twelve months to 30 September 2026 was 9.05%, up 0.7 percentage points from fiscal 2025 (8.34%). Over the past ten years it has ranged from 2.14% (fiscal 2024) to 13.5% (fiscal 2021); the current reading is higher than 73% of that period. That is below the Insurance Specialty industry median of 13.8% and below the Financial sector median of 14.3%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 8.34% 6.20
FY2024 2.14% (1.47)
FY2023 3.61% 0.15
FY2022 3.46% (10.00)
FY2021 13.5% 3.64
FY2020 9.82% (1.58)
FY2019 11.4% 3.14
FY2018 8.26% 0.93
FY2017 7.33% 1.18
FY2016 6.15% 0.59

Quarterly newest first

Period Net margin Change (points)
Sep 2026 8.49% (1.83)
Jun 2026 10.3% 3.51
Mar 2026 6.81% (3.53)
Dec 2025 10.3% 0.76
43 more quarters

Against its own ten years

Low 2.14% High 13.5%
Ten-year median 7.33%
Current reading's percentile 65

Net margin against peers

Company Net margin
MTG MGIC Investment Corporation compare 58.1%
NMIH NMI Holdings Inc compare 54.1%
ACT Enact Holdings, Inc. compare 54.1%
ESNT Essent Group Ltd. compare 51.5%
AGO Assured Guaranty Ltd. compare 37.3%
RDN Radian Group Inc. compare 32.6%
AXS Axis Capital Holdings Limited compare 14.2%
FAF First American Financial Corporation 9.05%
FNF Fidelity National Financial, Inc. compare 5.03%
Insurance Specialty industry median 13.8%
Financial sector median 14.3%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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