What is First American Financial's corporate — premium taxes?

First American Financial (FAF) reported corporate — premium taxes of $0 in Q1 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.

First American Financial FAF Corporate — Premium Taxes

Other segment segments

Title Insurance And Services

$20M+22.7%

Home Warranty

$1.1M0.0%

Similar metrics at other companies

CNCCommercial — Premium tax

$0—

CNCOther — Premium tax

$0—

MOHPremium tax expenses

$504M+29.9%

GLLife — Premium taxes

$17.77M-1.3%

GLHealth — Premium taxes

$8.22M+9.7%

GLInvestment — Premium taxes

$0—

Other financials

Income statement

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Revenue$1.8B+16.2%

Net income$125.1M+68.6%

EPS (diluted)$1.21+70.4%

Balance sheet

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Cash & equivalents$2.4B+19.1%

Total debt$1.8B-1.4%

Total equity$5.5B+9.4%

Total assets$17.9B+15.7%

Cash flow

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Operating cash flow$5.6M+111%

CapEx$38.3M-8.2%

Free cash flow-$32.7M+65.4%

Valuation

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Market cap$6.99B-8.6%

Enterprise value$6.31B-15.3%

P/E10.4×-37.9×

P/S0.9×-0.3×

Profitability

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Net margin8.7%+6.2pp

FCF margin10.7%+1.7pp

Returns & leverage

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Return on equity12.8%+9.6pp

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 official record: First American Financial’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First American Financial's corporate — premium taxes?: First American Financial (FAF) reported corporate — premium taxes of $0 in Q1 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.