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First American Financial FAF Title Insurance And Services — Labor And Related Expense

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SNAFinancial services revenue — Labor and Related Expense
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Other financials

Income statement

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Revenue$1.8B+16.2%
Net income$125.1M+68.6%
EPS (diluted)$1.21+70.4%

Balance sheet

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Cash & equivalents$2.4B+19.1%
Total debt$1.8B-1.4%
Total equity$5.5B+9.4%
Total assets$17.9B+15.7%

Cash flow

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Operating cash flow$5.6M+111%
CapEx$38.3M-8.2%
Free cash flow-$32.7M+65.4%

Valuation

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Market cap$6.99B-8.6%
Enterprise value$6.31B-15.3%
P/E10.4×-37.9×
P/S0.9×-0.3×

Profitability

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Net margin8.7%+6.2pp
FCF margin10.7%+1.7pp

Returns & leverage

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Return on equity12.8%+9.6pp
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:LaborAndRelatedExpense.

The official record: First American Financial’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First American Financial's title insurance and services — labor and related expense?
First American Financial (FAF) reported title insurance and services — labor and related expense of $546.4M in Q1 2026.
How has First American Financial's title insurance and services — labor and related expense changed year-over-year?
First American Financial's title insurance and services — labor and related expense increased by 12.7% year-over-year, from $484.8M to $546.4M.
What is the long-term trend for First American Financial's title insurance and services — labor and related expense?
Over 3 years (2022 to 2025), First American Financial's title insurance and services — labor and related expense has grown at a -2.1% compound annual growth rate (CAGR), from $2.27B to $2.13B.
What does title insurance and services — labor and related expense mean?
Includes all compensation, benefits, and payroll-related costs for employees dedicated to the title insurance and services segment. Monitoring this helps evaluate the segment's operational efficiency and labor cost management relative to revenue generation.