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

68.14 0.06 −0.09%
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) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, First American Financial Corporation (FAF) trades at a P/B ratio of 1.3×. Over the past ten years it has ranged from 0.8× (March 2020) to 2.0× (January 2018); the current reading is higher than 34% of that period. That is in line with the Insurance Specialty industry median of 1.2× and in line with the Financial sector median of 1.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.1× (12.74%)
FY2024 1.3× (1.76%)
FY2023 1.3× 9.68%
FY2022 1.2× (18.62%)
FY2021 1.5× 27.02%
FY2020 1.2× (20.69%)
FY2019 1.5× 11.06%
FY2018 1.3× (25.05%)
FY2017 1.8× 31.35%
FY2016 1.4× (3.56%)

Quarterly newest first

Period P/B ratio Change
Sep 2026 1.2× (7.50%)
Jun 2026 1.2× 10.68%
Mar 2026 1.1× (1.94%)
Dec 2025 1.1× (7.35%)
43 more quarters

Against its own ten years

Low 0.8× High 2.0×
Ten-year median 1.4×
Current reading's percentile 37

P/B ratio against peers

Company P/B ratio
AGO Assured Guaranty Ltd. compare 0.6×
RDN Radian Group Inc. compare 1.0×
ESNT Essent Group Ltd. compare 1.1×
MTG MGIC Investment Corporation compare 1.2×
NMIH NMI Holdings Inc compare 1.2×
ACT Enact Holdings, Inc. compare 1.3×
FAF First American Financial Corporation 1.3×
FNF Fidelity National Financial, Inc. compare 1.3×
AXS Axis Capital Holdings Limited compare 1.4×
Insurance Specialty industry median 1.2×
Financial sector median 1.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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