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First American Financial FAF Corporate — Premium Taxes

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Other financials

Income statement

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Revenue$2.1B+15.0%
Net income$218.5M+49.6%
EPS (diluted)$2.12+50.4%

Balance sheet

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Cash & equivalents$2.6B+29.2%
Total debt$1.8B-0.9%
Total equity$5.6B+9.6%
Total assets$18.9B+16.4%

Cash flow

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Operating cash flow$356.6M-1.4%
CapEx$39.2M-25.2%
Free cash flow$317.4M+2.6%

Valuation

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Market cap$7.66B+20.0%
Enterprise value$6.78B+10.9%
P/E10.3×-23.5×
P/S0.0×

Profitability

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Net margin9.3%+6.4pp
FCF margin10.4%+0.2pp

Returns & leverage

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Return on equity13.9%+10.1pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by First American Financial in its filing.

Tagged under the XBRL concept faf:PremiumTaxes.

The source filing: First American Financial’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 4:55 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-314255
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Other operating expenses352.1309.4662.5587.7
Provision for policy losses and other claims87.381.9165.1152.0
Depreciation and amortization53.653.0108.2105.5
Premium taxes21.819.242.936.6
Interest45.738.087.673.2
1,833.41,646.13,509.63,131.8
Income before income taxes283.9195.2445.7291.8
Income taxes64.848.1101.869.9

Item 1. Financial Statements.

FAQ

What is First American Financial's corporate — premium taxes?
First American Financial (FAF) reported corporate — premium taxes of $0 in Q2 2026.
What does corporate — premium taxes mean?
Represents the taxes paid to state or local jurisdictions based on the volume of insurance premiums written. This is a mandatory regulatory cost associated with the insurance business model. Tracking this metric helps in understanding the tax burden relative to the company's insurance revenue generation.

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