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Discontinued — last reported Q1 '26

Invested capital at other companies

Vornado Realty logo
Vornado RealtyVNO
17%+7.7pp
Lamb Weston logo
Lamb WestonLW
7.2%-1.0pp
Conagra Brands logo
Conagra BrandsCAG
13.6%+4.8pp
SSR Mining logo
SSR MiningSSRM
18.7%
MSA
Mine Safety Appliances CompanyMSA
17.4%-1.9pp
Kulicke & Soffa Industries logo
Kulicke & Soffa IndustriesKLIC
6%+4.4pp

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

Calculated from First American Financial’s reported figures.

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 invested capital?
First American Financial (FAF) reported invested capital of $4.81B in Q1 2026.
How has First American Financial's invested capital changed year-over-year?
First American Financial's invested capital increased by 1.2% year-over-year, from $4.75B to $4.81B.
What is the long-term trend for First American Financial's invested capital?
Over 5 years (2020 to 2025), First American Financial's invested capital has grown at a 3.5% compound annual growth rate (CAGR), from $4.95B to $5.88B.
What does invested capital mean?
Total debt plus shareholders' equity minus cash, at the quarter end. The capital actually put to work in the operating business — the denominator of return on invested capital (ROIC).