First American Financial CorpFAF

Market cap

$6.6B

P/E ratio

	Dec 31, 2010	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Direct premiums and escrow fees	1,695	1,634	2,042	2,184	2,115	2,310	2,416	2,462	2,508	2,659	2,988	3,598	3,085	2,252	2,446
Agent premiums	1,518	1,492	1,710	2,045	1,842	2,098	2,287	2,361	2,285	2,373	2,759	3,757	3,548	2,449	2,562
Information and other	598	621	645	628	620	673	724	776	781	788	1,013	1,215	1,148	939	961
Net investment income	-	-	-	-	-	-	126	162	230	315	221	215	340	570	561
Gain (Loss) on Investments	-	-	-	-	-	-	-	-	-	-	-	20	-85	-206	-402
Total revenues	3,907	3,821	4,542	4,956	4,678	5,175	5,576	5,772	5,748	6,202	7,087	9,221	7,605	6,004	6,128
Personnel costs	1,216	1,186	1,335	1,446	1,411	1,595	1,757	1,899	1,749	1,806	1,941	2,350	2,340	1,989	2,059
Insurance Commissions	1,222	1,195	1,370	1,637	1,471	1,657	1,802	1,863	1,800	1,874	2,184	2,987	2,830	1,952	2,045
Other operating expenses	804	754	836	886	834	821	854	881	900	923	1,119	1,323	1,272	1,067	1,113
Provision for policy losses and other claims	-	-	-	-	-	491	489	450	453	446	580	589	486	336	320
Depreciation and amortization	79	77	75	75	86	86	99	128	126	129	149	158	167	189	207
Impairment losses on exit of business	-	-	-	-	-	-	-	-	-	-	55	-	-	-	-
Premium taxes	38	46	51	57	57	64	66	70	70	71	78	100	91	64	68
Interest	15	12	9	15	19	29	32	36	41	48	57	72	93	133	150
Total expenses	3,695	3,690	4,074	4,645	4,327	4,743	5,098	5,327	5,138	5,297	6,163	7,579	7,279	5,729	5,963
Income before income taxes	-	130	467	311	351	433	478	445	610	905	923	1,642	326	274	165
Income taxes	83	52	166	124	116	144	134	23	134	195	223	393	61	59	33
Net income	129	79	302	187	234	289	343	422	476	710	700	1,249	265	216	133
Less: Net income (loss) attributable to noncontrolling interests	1	0	1	1	1	1	0	-1	1	2	4	8	2	-1	2
Net income attributable to the Company	129	79	302	187	234	289	343	423	476	710	700	1,249	265	217	133
Basic	1.23	0.74	2.83	1.74	2.18	2.65	3.1	3.79	4.21	6.26	6.18	11.18	2.46	2.08	1.26
Diluted	1.2	0.73	2.77	1.71	2.15	2.62	3.09	3.76	4.19	6.22	6.16	11.14	2.45	2.07	1.26
Cash dividends per share	0.18	0.24	0.36	0.48	0.84	1	1.2	1.44	1.6	1.68	1.78	1.94	2.06	2.1	2.14