First American Financial Balance Sheet Health

Financial Health criteria checks 3/6

First American Financial has a total shareholder equity of $5.0B and total debt of $2.3B, which brings its debt-to-equity ratio to 45.3%. Its total assets and total liabilities are $15.5B and $10.5B respectively. First American Financial's EBIT is $354.2M making its interest coverage ratio 2.4. It has cash and short-term investments of $2.1B.

Key information

45.3%

Debt to equity ratio

US$2.28b

Debt

Interest coverage ratio	2.4x
Cash	US$2.11b
Equity	US$5.04b
Total liabilities	US$10.46b
Total assets	US$15.50b

Recent financial health updates

No updates

Recent updates

First American: A Solid Q1 And Relative Safe Haven From Tariffs (Upgrade)

Apr 23

First American Financial Corporation's (NYSE:FAF) Popularity With Investors Is Clear

Mar 23

First American Financial Corporation's (NYSE:FAF) P/E Still Appears To Be Reasonable

Nov 29

First American Financial: Housing Market Malaise Outweighs Portfolio Repositioning

Nov 11

Sequoia Initiative And Tech Advances To Propel Revenue And Margin Growth

Aug 28 Introduction of the Sequoia project and Endpoint's platform could significantly enhance operational efficiency and potentially boost revenue through faster service and technological advancements.

First American Financial Corporation's (NYSE:FAF) Share Price Matching Investor Opinion

Aug 19

First American Financial: Too Much Optimism Around A Recovery

Aug 12

First American Financial: Lack Of Near-Term Growth Leaves Shares With Limited Upside

May 16

Financial Position Analysis

Short Term Liabilities: FAF's short term assets ($3.4B) do not cover its short term liabilities ($8.3B).

Long Term Liabilities: FAF's short term assets ($3.4B) exceed its long term liabilities ($2.1B).

Debt to Equity History and Analysis

Debt Level: FAF's net debt to equity ratio (3.5%) is considered satisfactory.

Reducing Debt: FAF's debt to equity ratio has increased from 29.5% to 45.3% over the past 5 years.

Debt Coverage: FAF's debt is well covered by operating cash flow (34%).

Interest Coverage: FAF's interest payments on its debt are not well covered by EBIT (2.4x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/07 05:09
End of Day Share Price	2025/05/07 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

First American Financial Corporation is covered by 11 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Bruce Harting	Barclays
Terry Ma	Barclays
Andrew Kligerman	Credit Suisse

First American Financial Balance Sheet Health

Financial Health criteria checks 3/6

Key information

Recent financial health updates

Recent updates

First quarter 2025 earnings: EPS and revenues exceed analyst expectations

First American: A Solid Q1 And Relative Safe Haven From Tariffs (Upgrade)

First American Financial Corporation's First American Data & Analytics Launches VeriTitle™

First American Financial Corporation Announces Chief Financial Officer Changes

First American Financial Corporation's (NYSE:FAF) Popularity With Investors Is Clear

First American Financial Corporation, Annual General Meeting, May 13, 2025

Upcoming dividend of US$0.54 per share

Executive VP & CFO recently sold US$815k worth of stock

Executive VP & CFO notifies of intention to sell stock

Chairman of the Board recently sold US$7.1m worth of stock

Chairman of the Board notifies of intention to sell stock

Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Third quarter dividend of US$0.54 announced

First American Financial Corporation Declares Quarterly Cash Dividend, Payable on March 17, 2025

First American Financial Corporation to Report Q1, 2025 Results on Apr 23, 2025

First American Title Insurance Company and First American Financial Corporation Expands Breadth of AgentNet Services, Introduces Order Insights with Real-Time Fraud Alerts

Upcoming dividend of US$0.54 per share

First American Financial Corporation's (NYSE:FAF) P/E Still Appears To Be Reasonable

First American Financial: Housing Market Malaise Outweighs Portfolio Repositioning

Third quarter dividend of US$0.54 announced

First American Financial Corporation Declares Quarterly Cash Dividend, Payable on December 16, 2024

First American Financial Corporation Provides Earnings Guidance for the Year 2024

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Price target increased by 11% to US$73.40

First American Financial Corporation to Report Q4, 2024 Results on Feb 12, 2025

Second quarter dividend of US$0.54 announced

First American Financial Corporation Appoints Deborah L. Wahl to Board of Directors

Sequoia Initiative And Tech Advances To Propel Revenue And Margin Growth

First American Financial Corporation's (NYSE:FAF) Share Price Matching Investor Opinion

First American Financial: Too Much Optimism Around A Recovery

Second quarter 2024 earnings: Revenues and EPS in line with analyst expectations

First quarter dividend of US$0.53 announced

First American Financial Corporation Declares Quarterly Cash Dividend, Payable on June 17, 2024

First American Financial: Lack Of Near-Term Growth Leaves Shares With Limited Upside

Consensus EPS estimates fall by 10%

First quarter 2024 earnings: EPS misses analyst expectations

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

Upcoming dividend of US$0.53 per share

Consensus EPS estimates fall by 18%

Full year 2023 earnings: EPS and revenues miss analyst expectations

Third quarter dividend of US$0.53 announced

Consensus EPS estimates fall by 11%

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

Price target increased by 8.2% to US$70.60

First American Financial: Limited Housing Supply Leaves Shares Fully Valued

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

Price target decreased by 9.2% to US$63.25

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

Consensus EPS estimates fall by 31%

New major risk - Revenue and earnings growth

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Why First American Financial Is Worth A Nibble At Current Prices

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

First American Financial: Cooling Volumes Makes For A Hold

Price target increased by 8.1% to US$71.00

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

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: EPS and revenues miss analyst expectations

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

Full year 2022 earnings: EPS and revenues miss analyst expectations

First American Financial Q4 2022 Earnings Preview

First American Financial Corporation acquired 1031 Solutions, LLC.

First American acquires 1031 Solutions

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

First American Financial: Patience Should Be Rewarded

First American Financial Corporation to Report Q2, 2023 Results on Jul 27, 2023

Upcoming dividend of US$0.52 per share

First American Financial declares $0.52 dividend

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