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First American Financial FAF Home Warranty — Premiums Earned By Agents Net

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Title Insurance And Services
$819.7M+14.4%
Corporate And Eliminations
$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

See full
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:PremiumsEarnedByAgentsNet.

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
(in millions)Directpremiumsand escrowfeesAgentpremiumsInformationand otherNetinvestmentincomeNet investmentgains (losses)Total Revenues
Title Insurance and Services$689.2$819.7$295.0$164.0$46.7$2,014.6
Home Warranty104.86.21.31.5113.8
Corporate and Eliminations0.16.618.4(36.2)(11.1)
$794.1$819.7$307.8$183.7$12.0$2,117.3

Item 1. Financial Statements.

FAQ

What is First American Financial's home warranty — premiums earned by agents net?
First American Financial (FAF) reported home warranty — premiums earned by agents net of $0 in Q2 2026.
What does home warranty — premiums earned by agents net mean?
This metric measures the portion of net premiums earned through third-party agents or intermediaries rather than direct sales channels. It provides insight into the segment's reliance on external distribution networks for revenue generation.

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