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First American Financial FAF Effective tax rates

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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$7.58B+18.0%
Enterprise value$6.71B+8.9%
P/E10.2×-23.9×
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:EffectiveIncomeTaxRateContinuingOperations.

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

The Company’s effective income tax rates (income tax expense as a percentage of income before income taxes) were 22.8% for the three and six months ended June 30, 2026, and 24.6% and 24.0% for the three and six months ended June 30, 2025, respectively. The effective income tax rates differ from the federal statutory rate due to (1) state and foreign income taxes for which the Company is liable, (2) permanent differences between amounts reported for financial statement purposes and amounts reported for income tax purposes, (3) the recognition of excess tax benefits or tax deficiencies associated with share-based payment transactions through income tax expense and (4) tax credits claimed.

Item 1. Financial Statements.

FAQ

What is First American Financial's effective tax rates?
First American Financial (FAF) reported effective tax rates of $0.23 in Q2 2026.
How has First American Financial's effective tax rates changed year-over-year?
First American Financial's effective tax rates decreased by 7.3% year-over-year, from $0.25 to $0.23.

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