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First American Financial FAF Home Warranty — Premium Taxes

Other segment segments

Title Insurance And Services
$20.6M+14.4%
Corporate
$0

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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
(dollars in millions)Title Insurance and ServicesHome WarrantyCorporateEliminationsConsolidated
Other operating expenses (2)319.023.39.60.2352.1
Provision for policy losses45.341.70.4(0.1)87.3
Depreciation and amortization52.31.40.1(0.2)53.6
Premium taxes20.61.221.8
Interest30.415.20.145.7
Segment income (loss) before income taxes$315.9$24.2$(56.2)$283.9
Pretax margin (3)15.7%21.3%
Segment assets$17,973.9$435.5$795.2$(263.6)$18,941.0

Item 1. Financial Statements.

FAQ

What is First American Financial's home warranty — premium taxes?
First American Financial (FAF) reported home warranty — premium taxes of $1.2M in Q2 2026.
How has First American Financial's home warranty — premium taxes changed year-over-year?
First American Financial's home warranty — premium taxes decreased by 0.0% year-over-year, from $1.2M to $1.2M.
What is the long-term trend for First American Financial's home warranty — premium taxes?
Over 3 years (2022 to 2025), First American Financial's home warranty — premium taxes has grown at a 1.5% compound annual growth rate (CAGR), from $4.5M to $4.7M.
What does home warranty — premium taxes mean?
Taxes levied by state or local jurisdictions on the premiums collected for home warranty contracts. This is a mandatory regulatory cost that varies based on the geographic distribution of the business's policyholders.

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