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First American Financial FAF Total costs & expenses

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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:CostsAndExpenses.

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
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Depreciation and amortization53.653.0108.2105.5
Premium taxes21.819.242.936.6
Interest45.738.087.673.2
1,833.41,646.13,509.63,131.8
Income before income taxes283.9195.2445.7291.8
Income taxes64.848.1101.869.9
Net income219.1147.1343.9221.9
Less: Net income attributable to noncontrolling interests0.61.00.31.6

Item 1. Financial Statements.

FAQ

What is First American Financial's total costs & expenses?
First American Financial (FAF) reported total costs & expenses of $1.83B in Q2 2026.
How has First American Financial's total costs & expenses changed year-over-year?
First American Financial's total costs & expenses increased by 11.4% year-over-year, from $1.65B to $1.83B.
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.

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