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First American Financial FAF Title Insurance And Services — Insurance Commissions

Other segment segments

Corporate
$0
Home Warranty
$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:InsuranceCommissions.

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
Total segment revenue$2,014.6$113.8$(11.0)$(0.1)$2,117.3
Less: (1)
Personnel costs572.522.019.9(0.1)614.3
Premiums retained by agents658.6658.6
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

Item 1. Financial Statements.

FAQ

What is First American Financial's title insurance and services — insurance commissions?
First American Financial (FAF) reported title insurance and services — insurance commissions of $658.6M in Q2 2026.
How has First American Financial's title insurance and services — insurance commissions changed year-over-year?
First American Financial's title insurance and services — insurance commissions increased by 14.8% year-over-year, from $573.5M to $658.6M.
What is the long-term trend for First American Financial's title insurance and services — insurance commissions?
Over 3 years (2022 to 2025), First American Financial's title insurance and services — insurance commissions has grown at a -5.7% compound annual growth rate (CAGR), from $2.83B to $2.37B.
What does title insurance and services — insurance commissions mean?
Represents the fees paid to third-party agents or brokers for originating title insurance policies on behalf of the company. This is a variable cost that scales with the volume of premiums written through external distribution channels.

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