First American Financial Past Earnings Performance

Past criteria checks 3/6

First American Financial's earnings have been declining at an average annual rate of -13%, while the Insurance industry saw earnings growing at 4.4% annually. Revenues have been growing at an average rate of 2.7% per year. First American Financial's return on equity is 4.5%, and it has net margins of 3.6%.

Key information

-13.0%

Earnings growth rate

-11.9%

EPS growth rate

Insurance Industry Growth	5.9%
Revenue growth rate	2.7%
Return on equity	4.5%
Net Margin	3.6%
Next Earnings Update	24 Jul 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How First American Financial makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:Y1F Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	5,982	218	2,109
31 Dec 23	6,004	217	2,112
30 Sep 23	6,259	237	2,168
30 Jun 23	6,602	241	2,252
31 Mar 23	7,018	211	2,355
31 Dec 22	7,605	263	2,470
30 Sep 22	8,294	469	2,551
30 Jun 22	9,025	912	2,566
31 Mar 22	9,229	1,105	2,536
31 Dec 21	9,221	1,241	2,469
30 Sep 21	8,999	1,261	2,379
30 Jun 21	8,356	998	2,305
31 Mar 21	7,699	867	2,168
31 Dec 20	7,086	696	2,063
30 Sep 20	6,664	640	1,989
30 Jun 20	6,422	645	1,949
31 Mar 20	6,311	661	1,944
31 Dec 19	6,202	707	1,926
30 Sep 19	5,891	575	1,766
30 Jun 19	5,762	539	1,745
31 Mar 19	5,754	508	1,747
31 Dec 18	5,748	474	1,749
30 Sep 18	5,812	604	1,748
30 Jun 18	5,789	474	1,743
31 Mar 18	5,753	441	1,730
31 Dec 17	5,772	423	1,724
30 Sep 17	5,795	283	1,797
30 Jun 17	5,784	369	1,791
31 Mar 17	5,691	349	1,773
31 Dec 16	5,576	343	1,655
30 Sep 16	5,428	343	1,643
30 Jun 16	5,304	312	1,616
31 Mar 16	5,266	303	1,606
31 Dec 15	5,175	288	1,589
30 Sep 15	5,074	287	1,566
30 Jun 15	4,950	292	1,520
31 Mar 15	4,776	249	1,466
31 Dec 14	4,678	233	1,427
30 Sep 14	4,642	204	1,387
30 Jun 14	4,684	187	1,399
31 Mar 14	4,822	172	1,410
31 Dec 13	4,956	186	1,471
30 Sep 13	5,013	228	1,451
30 Jun 13	4,920	267	1,417

Quality Earnings: Y1F has high quality earnings.

Growing Profit Margin: Y1F's current net profit margins (3.6%) are higher than last year (3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: Y1F's earnings have declined by 13% per year over the past 5 years.

Accelerating Growth: Y1F's earnings growth over the past year (3.1%) exceeds its 5-year average (-13% per year).

Earnings vs Industry: Y1F earnings growth over the past year (3.1%) did not outperform the Insurance industry 10%.

First American Financial Past Earnings Performance

Past criteria checks 3/6

Key information

Recent past performance updates

First quarter 2024 earnings released: EPS: US$0.45 (vs US$0.44 in 1Q 2023)

Full year 2023 earnings released: EPS: US$2.08 (vs US$2.46 in FY 2022)

Full year 2023 earnings released: EPS: US$2.08 (vs US$2.46 in FY 2022)

First American Financial Corporation to Report Q1, 2024 Results on Apr 25, 2024

Third quarter 2023 earnings released: US$0.016 loss per share (vs US$0.019 profit in 3Q 2022)

First American Financial Corporation to Report Q4, 2023 Results on Feb 08, 2024

Recent updates

First quarter 2024 earnings released: EPS: US$0.45 (vs US$0.44 in 1Q 2023)

First American Financial Corporation, Annual General Meeting, May 21, 2024

Upcoming dividend of US$0.53 per share

Full year 2023 earnings released: EPS: US$2.08 (vs US$2.46 in FY 2022)

Full year 2023 earnings released: EPS: US$2.08 (vs US$2.46 in FY 2022)

Third quarter dividend of US$0.53 announced

First American Financial Corporation to Report Q1, 2024 Results on Apr 25, 2024

ACI Introduces SureStep Mobile, an Advanced Appraisal Data Collection and Order Management Solution

Upcoming dividend of US$0.53 per share at 3.6% yield

First American Financial Corporation Declares Quarterly Cash Dividend, Payable on December 15, 2023

Third quarter 2023 earnings released: US$0.016 loss per share (vs US$0.019 profit in 3Q 2022)

First American Financial Corporation to Report Q4, 2023 Results on Feb 08, 2024

Upcoming dividend of US$0.53 per share at 3.5% yield

First American Financial Corporation Declares Quarterly Cash Dividend, Payable on September 15, 2023

Second quarter 2023 earnings released: EPS: US$1.33 (vs US$1.01 in 2Q 2022)

First American Financial Corporation Appoints Jody Mulkey as Chief Technology Officer

Upcoming dividend of US$0.52 per share at 3.7% yield

First American Financial Corporation Announces FraudGuard Solution Now Helps Reduce Risk in Home Equity Lending, Valuation, and SCRA Compliance

First American Financial Corporation Declares Quarterly Cash Dividend, Payable on June 15, 2023

First quarter 2023 earnings released: EPS: US$0.44 (vs US$0.89 in 1Q 2022)

Upcoming dividend of US$0.52 per share at 3.7% yield

Full year 2022 earnings released: EPS: US$2.46 (vs US$11.18 in FY 2021)

First American Financial Corporation acquired 1031 Solutions, LLC.

First American Financial Corporation Declares Quarterly Cash Dividend, Payable on March 15, 2023

First American Financial Corporation to Report Q1, 2023 Results on Apr 27, 2023

Upcoming dividend of US$0.52 per share

First American Financial Corporation Declares Quarterly Cash Dividend, Payable on December 15, 2022

Third quarter 2022 earnings released: EPS: US$0.019 (vs US$4.01 in 3Q 2021)

First American Financial Corporation to Report Q4, 2022 Results on Feb 09, 2023

Upcoming dividend of US$0.52 per share

First American Financial Corporation Increases Quarterly Cash Dividend, Payable on September 15, 2022

Second quarter 2022 earnings released: EPS: US$1.01 (vs US$2.72 in 2Q 2021)

First American Financial Corporation (NYSE:FAF) announces an Equity Buyback for $400 million worth of its shares.

First American Financial Corporation Announces Resignation of Christopher M. Leavell as Chief Operating Officer

First American Financial Corporation(NYSE:FAF) dropped from Russell 1000 Dynamic Index

Upcoming dividend of US$0.51 per share

Insider recently sold €2.2m worth of stock

First American Financial Corporation Appoints Marsha A. Spence to Board of Directors

First American Financial Corporation Declares Quarterly Cash Dividend, Payable on June 15, 2022

First American Financial Corporation (NYSE : FAF) completed the acquisition of Mother Lode Holding Company.

First quarter 2022 earnings released: EPS: US$0.89 (vs US$2.10 in 1Q 2021)

Insufficient new directors

First American Financial Corporation, Annual General Meeting, May 10, 2022

Upcoming dividend of US$0.51 per share

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

First American Financial Corporation Announces Board Appointments

First American Financial Corporation Announces Executive Changes

First American Financial Corporation (NYSE:FAF) entered into an agreement to acquire Mother Lode Holding Company.

First American Financial Corporation Releases September 2021 First American Real House Price Index

Upcoming dividend of US$0.51 per share

Insufficient new directors

President recently sold €1.7m worth of stock

Third quarter 2021 earnings released: EPS US$4.01 (vs US$1.62 in 3Q 2020)

Upcoming dividend of US$0.51 per share

Second quarter 2021 earnings released: EPS US$2.73 (vs US$1.52 in 2Q 2020)

First American Financial Corporation (NYSE:FAF) acquired Georgetown Title Company Inc.

Upcoming dividend of US$0.46 per share

First American Financial Corporation Declares Quarterly Cash Dividend, Payable on June 15, 2021

United States Patent and Trademark Office Issues First American Financial Corporation Announces Patent for an Innovative Improvement to Optical Character Recognition

First quarter 2021 earnings released: EPS US$2.10 (vs US$0.56 in 1Q 2020)

New 90-day high: €46.80

Full year 2020 earnings released: EPS US$6.18 (vs US$6.26 in FY 2019)

Revenue beats expectations

First American Data & Analytics, a Division of First American Financial Corporation Launches AppIntelligence® Score for Mortgage Fraud

New 90-day high: €44.60

First American Financial Corporation to Report Q2, 2021 Results on Jul 22, 2021

RM LAW, P.C. Announces Class Action Lawsuit Against First American Financial Corporation

First American Rebrands Data Division as the Data & Analytics Division

First American Financial Corporation to Report Q1, 2021 Results on Apr 22, 2021

Revenue & Expenses Breakdown
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