First Financial Statements From 2010 to 2024

FAF Stock  USD 66.42  0.01  0.02%   
First American financial statements provide useful quarterly and yearly information to potential First American investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on First American financial statements helps investors assess First American's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting First American's valuation are summarized below:
Gross Profit
4.3 B
Profit Margin
0.0158
Market Capitalization
6.8 B
Enterprise Value Revenue
1.159
Revenue
5.9 B
There are over one hundred nineteen available fundamental signals for First American, which can be analyzed over time and compared to other ratios. Active traders should verify all of First American prevailing fundamental drivers against the trend between 2010 and 2024 to make sure the company can sustain itself down the road.

First American Total Revenue

891.58 Million

Check First American financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First American's main balance sheet or income statement drivers, such as Depreciation And Amortization of 122.5 M, Interest Expense of 139.1 M or Selling General Administrative of 1.8 B, as well as many indicators such as Price To Sales Ratio of 7.52, Dividend Yield of 0.0236 or PTB Ratio of 1.51. First financial statements analysis is a perfect complement when working with First American Valuation or Volatility modules.
  
Check out the analysis of First American Correlation against competitors.
For more detail on how to invest in First Stock please use our How to Invest in First American guide.

First American Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets12.1 B16.8 B12.2 B
Slightly volatile
Short and Long Term Debt Total1.1 B1.4 B1.1 B
Slightly volatile
Total Current Liabilities337.2 M487.4 M333.9 M
Slightly volatile
Total Stockholder Equity3.5 B4.8 B3.5 B
Slightly volatile
Property Plant And Equipment Net568.3 M978.9 M550 M
Slightly volatile
Current Deferred Revenue218.6 M196.8 M210.6 M
Slightly volatile
Accounts Payable53.7 M63.3 M52.1 M
Slightly volatile
Cash3.8 B3.6 B1.5 B
Slightly volatile
Non Current Assets Total13.9 B13.2 B5.3 B
Slightly volatile
Cash And Short Term Investments3.8 B3.6 B1.5 B
Slightly volatile
Net Receivables503.9 M585.1 M498 M
Slightly volatile
Good Will1.2 B1.8 B1.2 B
Slightly volatile
Common Stock Shares Outstanding119.6 M104.6 M110.2 M
Slightly volatile
Short Term Investments944.7 M636.5 M907.4 M
Slightly volatile
Liabilities And Stockholders Equity12.1 B16.8 B12.2 B
Slightly volatile
Non Current Liabilities Total9.5 B9.1 BB
Slightly volatile
Other Stockholder Equity1.7 B1.8 B2.1 B
Slightly volatile
Total Liabilities8.6 B11.9 B8.6 B
Slightly volatile
Property Plant And Equipment Gross484.3 M817.8 M519.1 M
Slightly volatile
Total Current Assets2.3 B3.6 B2.3 B
Slightly volatile
Intangible Assets846.5 M806.2 M200.4 M
Slightly volatile
Other Liabilities236 M248.4 M558.9 M
Very volatile
Long Term Debt777.1 M1.1 B773.9 M
Slightly volatile
Property Plant Equipment1.1 BB530.1 M
Slightly volatile
Net Tangible Assets2.5 B3.1 B2.3 B
Slightly volatile
Noncontrolling Interest In Consolidated Entity19.7 M20.7 M173 M
Pretty Stable
Retained Earnings3.9 B3.7 B1.8 B
Slightly volatile
Common Stock Total Equity800900980
Slightly volatile
Retained Earnings Total Equity4.5 B4.3 BB
Slightly volatile
Capital Surpluse2.4 B2.1 B2.2 B
Pretty Stable
Long Term Investments6.4 B7.9 B5.7 B
Slightly volatile
Non Current Liabilities Other1.7 B2.5 B1.6 B
Slightly volatile
Short Term Debt445.4 M853.3 M419.8 M
Slightly volatile
Common Stock1.1 K1.2 KK
Slightly volatile
Short and Long Term Debt449 M853.3 M458.7 M
Pretty Stable
Long Term Debt Total1.3 B2.3 B1.1 B
Slightly volatile
Cash And Equivalents1.4 B1.4 B1.2 B
Slightly volatile
Net Invested Capital6.3 B6.8 B5.1 B
Slightly volatile
Capital Lease Obligations225.3 M246.6 M302.6 M
Slightly volatile

First American Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization122.5 M188.5 M117.3 M
Slightly volatile
Interest Expense139.1 M132.5 M51.9 M
Slightly volatile
Selling General Administrative1.8 BB1.8 B
Slightly volatile
Selling And Marketing Expenses1.1 B1.1 B1.2 B
Slightly volatile
Total Revenue891.6 M938.5 M5.2 B
Very volatile
Other Operating Expenses5.7 BB5.4 B
Slightly volatile
Cost Of Revenue1.3 B1.1 B1.5 B
Pretty Stable
Net Income Applicable To Common Shares431 M302.4 M406.1 M
Slightly volatile
Net Income From Continuing Ops204.7 M215.5 M387 M
Slightly volatile
Tax Provision56 M58.9 M142.8 M
Very volatile
Interest Income572.8 M545.5 M128.2 M
Slightly volatile
Reconciled Depreciation164.3 M188.5 M140.4 M
Slightly volatile
Extraordinary Items91.3 M102.7 M111.8 M
Slightly volatile
Non Recurring43.9 M49.4 M53.8 M
Slightly volatile

First American Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation33.7 M49.1 M34.4 M
Slightly volatile
Begin Period Cash Flow1.1 B1.2 B1.1 B
Slightly volatile
Depreciation122.5 M188.5 M117.3 M
Slightly volatile
Dividends Paid139 M216.6 M135.4 M
Slightly volatile
Capital Expenditures135.9 M263.4 M134.4 M
Slightly volatile
End Period Cash Flow3.8 B3.6 B1.4 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio7.527.16151.6373
Slightly volatile
Dividend Yield0.02360.03220.0267
Slightly volatile
PTB Ratio1.511.38631.3596
Pretty Stable
Days Sales Outstanding18.5116.8122.3066
Very volatile
Book Value Per Share23.9246.623231.6381
Slightly volatile
Stock Based Compensation To Revenue0.05490.05230.0119
Slightly volatile
Capex To Depreciation0.871.39731.1259
Very volatile
PB Ratio1.511.38631.3596
Pretty Stable
EV To Sales5.054.80521.2717
Slightly volatile
Payables Turnover17.8416.856225.4577
Pretty Stable
Sales General And Administrative To Revenue2.232.11940.5487
Slightly volatile
Capex To Revenue0.290.28070.0562
Slightly volatile
Cash Per Share42.740.669221.7722
Slightly volatile
Days Payables Outstanding15.3421.653716.6323
Pretty Stable
Income Quality1.11.63421.5449
Pretty Stable
Intangibles To Total Assets0.130.15560.1137
Pretty Stable
Current Ratio5.687.3977.3752
Slightly volatile
Tangible Book Value Per Share14.7421.563819.7099
Slightly volatile
Receivables Turnover13.6817.5917.223
Pretty Stable
Graham Number35.7646.625448.7893
Slightly volatile
Shareholders Equity Per Share23.7846.482331.4957
Slightly volatile
Debt To Equity0.150.28690.201
Slightly volatile
Capex Per Share2.652.52541.3344
Slightly volatile
Revenue Per Share8.558.998147.8568
Pretty Stable
Interest Debt Per Share15.3414.6057.157
Slightly volatile
Debt To Assets0.04420.08280.0587
Slightly volatile
Price Book Value Ratio1.511.38631.3596
Pretty Stable
Days Of Payables Outstanding15.3421.653716.6323
Pretty Stable
Effective Tax Rate0.320.21470.2799
Slightly volatile
Company Equity Multiplier2.713.46593.4413
Very volatile
Long Term Debt To Capitalization0.130.22290.1653
Slightly volatile
Total Debt To Capitalization0.130.22290.1653
Slightly volatile
Debt Equity Ratio0.150.28690.201
Slightly volatile
Quick Ratio5.647.3977.3171
Slightly volatile
Net Income Per E B T0.570.79010.7177
Slightly volatile
Cash Ratio7.777.3974.2121
Slightly volatile
Days Of Sales Outstanding18.5116.8122.3066
Very volatile
Free Cash Flow Operating Cash Flow Ratio0.240.25660.8573
Slightly volatile
Price To Book Ratio1.511.38631.3596
Pretty Stable
Fixed Asset Turnover0.910.958710.4125
Slightly volatile
Debt Ratio0.04420.08280.0587
Slightly volatile
Price Sales Ratio7.527.16151.6373
Slightly volatile
Asset Turnover0.05310.05590.4784
Slightly volatile
Price Fair Value1.511.38631.3596
Pretty Stable

First American Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap3.2 B3.6 BB
Slightly volatile
Enterprise ValueB3.4 B3.7 B
Slightly volatile

First Fundamental Market Drivers

Forward Price Earnings9.3809
Cash And Short Term Investments3.6 B

First Upcoming Events

7th of February 2024
Upcoming Quarterly Report
View
25th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
7th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About First American Financial Statements

First American stakeholders use historical fundamental indicators, such as First American's revenue or net income, to determine how well the company is positioned to perform in the future. Although First American investors may analyze each financial statement separately, they are all interrelated. For example, changes in First American's assets and liabilities are reflected in the revenues and expenses on First American's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in First American. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue196.8 M218.6 M
Total Revenue938.5 M891.6 M
Cost Of Revenue1.1 B1.3 B
Stock Based Compensation To Revenue 0.05  0.05 
Sales General And Administrative To Revenue 2.12  2.23 
Capex To Revenue 0.28  0.29 
Revenue Per Share 9.00  8.55 
Ebit Per Revenue 0.04  0.04 

Currently Active Assets on Macroaxis

When determining whether First American is a strong investment it is important to analyze First American's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First American's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:
Check out the analysis of First American Correlation against competitors.
For more detail on how to invest in First Stock please use our How to Invest in First American guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First American. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First American listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.16)
Dividend Share
2.13
Earnings Share
0.88
Revenue Per Share
56.505
Quarterly Revenue Growth
(0.05)
The market value of First American is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First American's value that differs from its market value or its book value, called intrinsic value, which is First American's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First American's market value can be influenced by many factors that don't directly affect First American's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First American's value and its price as these two are different measures arrived at by different means. Investors typically determine if First American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First American's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.