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First American Financial FAF Title Insurance And Services — Direct Premiums Earned

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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:DirectPremiumsEarned.

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
SegmentPremiumsand escrowfees beforereinsuranceCeded toothercompaniesAssumedfromothercompaniesPremiumsand escrowfeesPercentage ofamountassumed topremiumsand escrowfees
Title Insurance and Services
2025$5,326.6$20.6$0.9$5,306.90.0%
2024$4,629.5$21.1$1.8$4,610.20.0%
2023$4,321.2$17.6$2.1$4,305.70.0%

Item 8. Financial Statements and Supplementary Data

FAQ

What is First American Financial's title insurance and services — direct premiums earned?
First American Financial (FAF) reported title insurance and services — direct premiums earned of $1.33B in Q4 2025.
How has First American Financial's title insurance and services — direct premiums earned changed year-over-year?
First American Financial's title insurance and services — direct premiums earned increased by 15.1% year-over-year, from $1.16B to $1.33B.
What is the long-term trend for First American Financial's title insurance and services — direct premiums earned?
Over 4 years (2021 to 2025), First American Financial's title insurance and services — direct premiums earned has grown at a -6.2% compound annual growth rate (CAGR), from $6.88B to $5.33B.
What does title insurance and services — direct premiums earned mean?
The portion of premiums from policies directly underwritten by the company that has been recognized as revenue during the reporting period. This excludes premiums ceded to reinsurers and represents the core revenue stream from direct insurance activities.

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