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First American Financial FAF Total costs & expenses

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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:CostsAndExpenses.

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 total costs & expenses?
First American Financial (FAF) reported total costs & expenses of $1.68B in Q1 2026.
How has First American Financial's total costs & expenses changed year-over-year?
First American Financial's total costs & expenses increased by 12.8% year-over-year, from $1.49B to $1.68B.
What is the long-term trend for First American Financial's total costs & expenses?
Over 4 years (2021 to 2025), First American Financial's total costs & expenses has grown at a -3.3% compound annual growth rate (CAGR), from $7.58B to $6.63B.
What does total costs & expenses mean?
This represents the aggregate of all operating, administrative, and claims-related expenses incurred by the company during the period. It serves as the primary measure of the company's cost structure and operational efficiency. Investors use this to evaluate the company's ability to manage overhead and scale its business profitably.