Financials · FAF

First American Corporation (New) (FAF) financials

For the twelve months ended Sep 30, 2026, First American Corporation (New) reported $8.09B of revenue and $732.80M of net income.

Revenue, TTM
$8.09B
Revenue growth, YoY
+14.1%
Net income, TTM
$732.80M
Net income growth, YoY
+51.4%
Net margin
9.1%
Free cash flow, TTM
$805.80M
EPS, diluted, TTM
$7.09
EPS growth, YoY
+52.1%
Cash
$1.73B
P/E
9.57
P/S
0.87
Market cap
$7.01B
Annual revenue$7.45B
FY2016FY2025
Annual net income$621.80M
FY2016FY2025
Annual free cash flow$762.50M
FY2016FY2025

FAF revenue and earnings growth

FAF revenueQ3 2026$2.08B

Quarter YoY
+5.3%
QoQ
-1.5%
FY YoY
+21.6%
5Y CAGR
+1.0%
10Y CAGR
+3.7%

FAF revenue was $2.08B in fiscal Q3 2026 (ended Sep 30, 2026), up 5.3% from a year earlier and down 1.5% from the prior quarter. For the full fiscal 2025 it was $7.45B, up 21.6% from fiscal 2024. Compound annual growth was +1.0% over 5 years and +3.7% over 10 years. It rose in 7 of the last 10 fiscal years.

FAF net incomeQ3 2026$177.00M

Quarter YoY
-6.6%
QoQ
-19.2%
FY YoY
+374.3%
5Y CAGR
-2.2%
10Y CAGR
+8.0%

FAF net income was $177.00M in fiscal Q3 2026 (ended Sep 30, 2026), down 6.6% from a year earlier and down 19.2% from the prior quarter. For the full fiscal 2025 it was $621.80M, up 374.3% from fiscal 2024. Compound annual growth was -2.2% over 5 years and +8.0% over 10 years. It rose in 6 of the last 10 fiscal years.

FAF EPSQ3 2026$1.72

Quarter YoY
-6.5%
QoQ
-18.9%
FY YoY
+376.2%
5Y CAGR
-0.5%
10Y CAGR
+8.6%

FAF diluted EPS was $1.72 in fiscal Q3 2026 (ended Sep 30, 2026), down 6.5% from a year earlier and down 18.9% from the prior quarter. For the full fiscal 2025 it was $6.00, up 376.2% from fiscal 2024. Compound annual growth was -0.5% over 5 years and +8.6% over 10 years.

FAF free cash flowQ3 2026$196.60M

Quarter YoY
-11.9%
QoQ
-38.1%
FY YoY
+12.3%
5Y CAGR
-4.7%
10Y CAGR
+6.0%

FAF free cash flow was $196.60M in fiscal Q3 2026 (ended Sep 30, 2026), down 11.9% from a year earlier and down 38.1% from the prior quarter. For the full fiscal 2025 it was $762.50M, up 12.3% from fiscal 2024. Compound annual growth was -4.7% over 5 years and +6.0% over 10 years. It rose in 7 of the last 10 fiscal years.

Export CSV

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$7.45B$6.13B$6.00B$7.61B$9.22B$7.09B$6.20B$5.75B$5.77B$5.58B
Interest expense$157.00M$149.60M$132.50M$93.00M$72.40M$57.00M$48.00M$40.98M$35.99M$32.21M
Pre-tax income$826.20M$165.40M$274.40M$325.70M$1.64B$923.00M$905.00M$609.54M$445.33M$477.58M
Income tax$201.00M$32.80M$58.90M$60.40M$392.20M$223.00M$195.00M$133.64M$23.47M$134.10M
Net income$621.80M$131.10M$216.80M$263.00M$1.24B$696.00M$707.00M$474.50M$423.05M$342.99M
EPS, basic$6.02$1.26$2.08$2.46$11.18$6.18$6.26$4.21$3.79$3.10
EPS, diluted$6.00$1.26$2.07$2.45$11.14$6.16$6.22$4.19$3.76$3.09
Diluted shares103.7M104.3M104.6M107.3M111.4M113.0M113.7M113.3M112.4M111.2M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$1.39B$1.72B$3.61B$1.22B$1.23B$1.28B$1.49B$1.47B$1.39B$1.01B
Goodwill$1.82B$1.80B$1.81B$1.80B$1.59B$1.38B$1.15B$1.14B$1.11B$1.02B
Total assets$16.23B$14.91B$16.80B$14.96B$16.45B$12.80B$11.52B$10.63B$9.57B$8.83B
Total liabilities$10.70B$9.98B$11.94B$10.27B$10.67B$7.87B$7.09B$6.89B$6.09B$5.82B
Shareholders' equity$5.50B$4.93B$4.86B$4.68B$5.78B$4.91B$4.42B$3.75B$3.48B$3.01B

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$950.80M$897.50M$354.30M$777.60M$1.22B$1.08B$913.00M$793.16M$632.13M$489.42M
Capital expenditures$188.30M$218.30M$263.40M$259.80M$160.50M$114.00M$107.00M$118.17M$134.21M$132.26M
Free cash flow$762.50M$679.20M$90.90M$517.80M$1.06B$971.00M$806.00M$675.00M$497.93M$357.15M
Investing cash flow-$1.46B-$458.70M$599.50M-$393.00M-$3.39B-$1.42B-$452.00M-$1.22B-$387.17M-$610.15M
Financing cash flow$161.20M-$2.31B$1.42B-$376.40M$2.13B$113.00M-$445.00M$514.74M$128.02M$106.79M
Dividends paid$223.00M$220.70M$216.60M$217.50M$213.00M$199.00M$188.00M$178.49M$159.28M$131.54M
Share repurchases$122.30M$68.50M$72.70M$440.70M$99.20M$139.00M$2.00M$18.80M$0$454.0K
Stock-based compensation$68.40M$52.00M$49.10M$67.30M$53.60M$52.00M$42.00M$41.15M$37.40M$34.13M
Depreciation and amortization$216.20M$207.40M$188.50M$167.50M$158.40M$149.00M$129.00M$125.93M$128.05M$99.05M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY21.6%2.1%-21.1%-17.5%30.1%14.3%7.9%-0.4%3.5%7.7%
Net income growth, YoY374.3%-39.5%-17.6%-78.8%78.3%-1.6%49.0%12.2%23.3%19.1%
EPS growth, YoY376.2%-39.1%-15.5%-78.0%80.8%-1.0%48.4%11.4%21.7%17.9%
Net margin8.3%2.1%3.6%3.5%13.5%9.8%11.4%8.3%7.3%6.2%
Free cash flow margin10.2%11.1%1.5%6.8%11.5%13.7%13.0%11.7%8.6%6.4%
Return on equity11.3%2.7%4.5%5.6%21.5%14.2%16.0%12.7%12.1%11.4%
Return on assets3.8%0.9%1.3%1.8%7.5%5.4%6.1%4.5%4.4%3.9%

Source: XBRL data First American Corporation (New) files with the SEC, latest filing dated Oct 23, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

FAF peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
FAF$8.09B+14.1%$732.80M9.1%$7.01B
MRSH$28.46B+7.6%$4.04B14.2%$97.18B
AJG$16.36B+25.6%$1.70B10.4%$71.95B
AON$17.68B+3.8%$3.93B22.2%$71.24B
WTW$10.27B+4.8%$1.56B15.2%$30.16B
BRO$6.91B+26.1%$1.22B17.7%$23.55B
EQH$13.05B+8.7%$1.50B11.5%$14.78B
ERIE$4.12B+2.0%$576.14M14.0%$12.50B
FNF$14.91B+6.4%$1.05B7.0%$12.08B

FAF FAQ

8 questions
  • What is FAF revenue?
    First American Corporation (New) (FAF) reported $8.09B of revenue for the twelve months ended Sep 30, 2026. That is up 14.1% from the year before. Revenue for fiscal 2025 was $7.45B.
  • Is FAF profitable?
    Yes. First American Corporation (New) earned $732.80M in net income for the twelve months ended Sep 30, 2026, a net margin of 9.1%.
  • How much cash and debt does FAF have?
    First American Corporation (New) reported $1.73B in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is FAF revenue growing?
    First American Corporation (New)'s revenue changed +21.6% in fiscal 2025, to $7.45B. Its compound annual growth rate was +1.0% over 5 years and +3.7% over 10 years.
  • What is FAF free cash flow?
    First American Corporation (New) generated $805.80M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $969.50M less capital expenditures.
  • What is FAF earnings per share?
    Diluted earnings per share were $7.09 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did FAF last report financial results?
    The latest statements here come from First American Corporation (New)'s 10-Q filed on Oct 23, 2026, covering the period ended Sep 30, 2026.
  • Where does this FAF financial data come from?
    Quantisnow builds these statements from the structured XBRL data First American Corporation (New) files with the SEC. It is provided for information only and is not investment advice.