First American Financial Corporation (FAF)

NYSE: FAF · Title Insurance · Santa Ana, CA · filing with the SEC since 2009

Grade4.8

◀ Past 3.5● Present 5.0▶ Future 6.7

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Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	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
Report filed	Feb 18, 2026	Feb 21, 2025	Feb 21, 2024	Feb 15, 2023	Feb 17, 2022	Feb 17, 2021	Feb 18, 2020	Feb 20, 2019	Feb 16, 2018	Feb 17, 2017
Revenue	7,452,200	6,128,100	6,003,500	7,605,200^r	9,220,800^r	7,086,000^r	6,202,000^r	5,747,844	5,772,363	5,575,846
For insurers
Net investment income	621,000	561,000	570,000	340,100^r	214,800^r	221,000^r	316,000^r	230,289	162,402	126,134
Total costs and expenses	6,626,000	5,962,700	5,729,100	7,279,500^r	7,579,500^r	6,163,000^r	5,297,000^r	5,138,306	5,327,032	5,098,265
Interest expense	157,000	149,600	132,500	93,000	72,400^r	57,000^r	48,000^r	40,978	35,987	32,214
Share of profit of equity-method investments	7,200	7,400	5,400	11,000	6,900^r	6,000^r	3,000^r	2,717	3,785	8,173
Income before income taxes	826,200	165,400	274,400	325,700^r	1,641,300^r	923,000^r	905,000^r	609,538	445,331	477,581
Income tax expense	201,000	32,800	58,900	60,400^r	392,200^r	223,000^r	195,000^r	133,640	23,468	134,105
Net income including non-controlling interests	625,200	132,600	215,500	265,300^r	1,249,100^r	700,000^r	710,000^r	475,898	421,863	343,476
Net income to non-controlling interests	3,400	1,500	-1,300	2,300^r	8,000	4,000^r	3,000^r	1,402	-1,186	483
Net income	621,800	131,100	216,800	263,000	1,241,100^r	696,000^r	707,000^r	474,496	423,049	342,993
Earnings per share, basic	6.02	1.26	2.08	2.46	11.18	6.18	6.26	4.21	3.79	3.10
Earnings per share, diluted	6.00	1.26	2.07	2.45	11.14	6.16	6.22	4.19	3.76	3.09
Weighted average shares, basic	103,300	103,900	104,300	107,000	111,000	112,700^r	113,100^r	112,613	111,668	110,548
Weighted average shares, diluted	103,700	104,300	104,600	107,300	111,400	113,000^r	113,700^r	113,279	112,435	111,156

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:Revenues

Net investment income what its investments earnedus-gaap:NetInvestmentIncome

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses

Interest expense what its borrowing costus-gaap:InterestExpense

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton FAF · research, not advice