15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 1.0% per year over the past 5 years.
Net income has grown slower than revenue (-2.2% vs 1.0% per year).
Free cash flow has declined 4.7% per year over the past 5 years.
Shareholder returns
Dividends have been paid for 15 consecutive years, consuming 35.9% of earnings and 29.2% of free cash flow.
The dividend has grown 2.3% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$7.5B
$622M
0.0%
0.0%
$763M
—
$1.4B
2024
$6.1B
$131M
0.0%
0.0%
$679M
—
$1.7B
2023
$6.0B
$217M
0.0%
0.0%
$91M
—
$3.6B
2022
$7.6B
$263M
0.0%
0.0%
$518M
—
$1.2B
2021
$9.2B
$1.2B
0.0%
0.0%
$1.1B
—
$1.2B
2020
$7.1B
$696M
0.0%
0.0%
$971M
—
$1.3B
2019
$6.2B
$707M
0.0%
0.0%
$806M
—
$1.5B
2018
$5.7B
$474M
0.0%
0.0%
$675M
—
$1.5B
2017
$5.8B
$423M
0.0%
0.0%
$498M
—
$1.4B
2016
$5.6B
$343M
0.0%
0.0%
$357M
—
$1.0B
2015
$5.2B
$288M
0.0%
0.0%
—
—
$1.0B
2014
$4.7B
$234M
0.0%
0.0%
—
—
$1.2B
2013
$5.0B
$186M
0.0%
0.0%
$291M
—
$835M
2012
$4.5B
$301M
0.0%
0.0%
$346M
—
$671M
2011
$3.8B
$78M
0.0%
0.0%
$67M
—
$445M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$1.8B
$125M
0.0%
0.0%
-$33M
—
$2.4B
Dec '25
$2.0B
$212M
0.0%
0.0%
$325M
—
$1.4B
Sep '25
$2.0B
$190M
0.0%
0.0%
$223M
—
$2.9B
Jun '25
$1.8B
$146M
0.0%
0.0%
$309M
—
$2.0B
Mar '25
$1.6B
$74M
0.0%
0.0%
-$95M
—
$2.0B
Dec '24
$1.7B
$72M
0.0%
0.0%
$266M
—
$1.7B
Sep '24
$1.4B
-$104M
0.0%
0.0%
$185M
—
$3.0B
Jun '24
$1.6B
$116M
0.0%
0.0%
$210M
—
$2.0B
Mar '24
$1.4B
$47M
0.0%
0.0%
$18M
—
$1.5B
Dec '23
$1.4B
$34M
0.0%
0.0%
-$100M
—
$3.6B
Sep '23
$1.5B
-$2M
0.0%
0.0%
$154M
—
$1.6B
Jun '23
$1.6B
$139M
0.0%
0.0%
$193M
—
$2.2B
Mar '23
$1.4B
$46M
0.0%
0.0%
-$155M
—
$2.0B
Dec '22
$1.7B
$54M
0.0%
0.0%
$175M
—
$1.2B
Sep '22
$1.8B
$2M
0.0%
0.0%
$231M
—
$2.4B
Jun '22
$2.1B
$109M
0.0%
0.0%
$117M
—
$1.7B
Mar '22
$2.0B
$98M
0.0%
0.0%
-$5M
—
$1.7B
Dec '21
$2.4B
$260M
0.0%
0.0%
$294M
—
$1.2B
Sep '21
$2.6B
$445M
0.0%
0.0%
$356M
—
$2.0B
Jun '21
$2.3B
$302M
0.0%
0.0%
$214M
—
$2.2B
Valuation over time
How the market has priced FAF against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 21.6× (Mar '23) to 10.7× (Jun '26).
The price-to-sales ratio has risen from 0.7× (Mar '23) to 0.9× (Jun '26).
The dividend yield has fallen from 3.8% (Mar '23) to 3.3% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is FAF growing its revenue and profit?
Over the past 5 years, First American Financial Corp's revenue has grown 1.0% per year, and net income declined 2.2% per year. These are computed facts, not advice.
How much debt does FAF have?
As of FY2025, First American Financial Corp reported — of total debt against $1.4B of cash.
What is FAF's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin 8.3%.
What is FAF's P/E ratio?
As of Jun '26, First American Financial Corp traded at a price-to-earnings ratio of about 10.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.