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First American Financial FAF Home Warranty — Supplementary Insurance Information Unearned Premiums

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Title Insurance And Services
$3.7M-7.5%
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

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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 us-gaap:SupplementaryInsuranceInformationUnearnedPremiums.

The source filing: First American Financial’s 10-K, filed February 18, 2026.

Filed
Feb 17, 2026, 7:00 PM EST
Fiscal year
FY2025
Accession
0001193125-26-055516
Column A / SegmentColumn B / Deferred policyacquisition costsColumn C / ClaimsreservesColumn D / Deferredrevenues
2025
Title Insurance and Services$1,150.5$3.7
Home Warranty26.313.5210.3
Corporate and Eliminations5.6
Total$26.3$1,169.6$214.0
2024
Title Insurance and Services$1,164.7$4.0
Home Warranty21.715.4206.4

Item 8. Financial Statements and Supplementary Data

FAQ

What is First American Financial's home warranty — supplementary insurance information unearned premiums?
First American Financial (FAF) reported home warranty — supplementary insurance information unearned premiums of $210.3M in Q4 2025.
What does home warranty — supplementary insurance information unearned premiums mean?
The portion of premiums collected that relates to the unexpired period of the insurance policy coverage. It represents a liability to the insurer as they are obligated to provide coverage for the remaining duration of the contract.

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