First Historical Income Statement

FAF Stock  USD 69.62  1.98  2.93%   
Historical analysis of First American income statement accounts such as Selling General Administrative of 1.8 B or Selling And Marketing Expenses of 1.1 B can show how well First American performed in making a profits. Evaluating First American income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of First American's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining First American latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First American is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more detail on how to invest in First Stock please use our How to Invest in First American guide.

About First Income Statement Analysis

First American Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to First American shareholders. The income statement also shows First investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

First American Income Statement Chart

At this time, First American's Operating Income is most likely to increase significantly in the upcoming years. The First American's current Total Operating Expenses is estimated to increase to about 6.3 B, while Selling General Administrative is projected to decrease to roughly 1.8 B.

Total Revenue

Total revenue comprises all receipts First American generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of First American. It is also known as First American overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from First American's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into First American current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more detail on how to invest in First Stock please use our How to Invest in First American guide.At this time, First American's Operating Income is most likely to increase significantly in the upcoming years. The First American's current Total Operating Expenses is estimated to increase to about 6.3 B, while Selling General Administrative is projected to decrease to roughly 1.8 B.
 2021 2022 2023 2024 (projected)
Interest Expense72M93M132.5M139.1M
Depreciation And Amortization158M167M188.5M122.5M

First American income statement Correlations

0.780.86-0.240.11-0.030.79-0.070.310.430.320.41-0.10.470.20.08-0.270.450.030.51-0.750.82-0.29-0.29
0.780.67-0.16-0.36-0.470.64-0.110.090.190.730.14-0.260.17-0.060.11-0.10.09-0.210.85-0.980.91-0.79-0.79
0.860.670.020.420.280.97-0.050.190.290.10.47-0.050.520.240.34-0.280.560.180.27-0.570.65-0.14-0.14
-0.24-0.160.020.210.30.19-0.58-0.61-0.62-0.3-0.44-0.2-0.42-0.490.780.72-0.20.05-0.260.29-0.270.20.2
0.11-0.360.420.210.960.45-0.040.130.14-0.790.510.30.520.490.35-0.240.650.62-0.680.43-0.270.750.75
-0.03-0.470.280.30.960.35-0.070.030.02-0.880.50.420.510.50.44-0.20.660.72-0.720.53-0.370.770.77
0.790.640.970.190.450.35-0.210.080.180.040.41-0.030.460.220.53-0.180.530.280.22-0.550.64-0.12-0.12
-0.07-0.11-0.05-0.58-0.04-0.07-0.210.360.330.110.220.320.210.27-0.47-0.640.08-0.14-0.120.06-0.110.020.02
0.310.090.19-0.610.130.030.080.360.99-0.030.460.210.450.47-0.53-0.350.340.07-0.08-0.120.180.010.01
0.430.190.29-0.620.140.020.180.330.990.020.490.190.490.48-0.49-0.370.380.07-0.01-0.210.28-0.03-0.03
0.320.730.1-0.3-0.79-0.880.040.11-0.030.02-0.39-0.37-0.38-0.44-0.2-0.01-0.53-0.680.78-0.790.67-0.82-0.82
0.410.140.47-0.440.510.50.410.220.460.49-0.390.530.990.93-0.1-0.640.960.740.02-0.130.180.090.09
-0.1-0.26-0.05-0.20.30.42-0.030.320.210.19-0.370.530.490.630.15-0.460.490.53-0.250.17-0.090.240.24
0.470.170.52-0.420.520.510.460.210.450.49-0.380.990.490.89-0.08-0.630.970.70.04-0.150.20.080.08
0.2-0.060.24-0.490.490.50.220.270.470.48-0.440.930.630.89-0.16-0.640.850.81-0.120.020.070.220.22
0.080.110.340.780.350.440.53-0.47-0.53-0.49-0.2-0.10.15-0.08-0.160.250.10.31-0.15-0.040.130.10.1
-0.27-0.1-0.280.72-0.24-0.2-0.18-0.64-0.35-0.37-0.01-0.64-0.46-0.63-0.640.25-0.51-0.30.020.19-0.26-0.03-0.03
0.450.090.56-0.20.650.660.530.080.340.38-0.530.960.490.970.850.1-0.510.79-0.08-0.040.130.230.23
0.03-0.210.180.050.620.720.28-0.140.070.07-0.680.740.530.70.810.31-0.30.79-0.30.22-0.090.370.37
0.510.850.27-0.26-0.68-0.720.22-0.12-0.08-0.010.780.02-0.250.04-0.12-0.150.02-0.08-0.3-0.860.71-0.89-0.89
-0.75-0.98-0.570.290.430.53-0.550.06-0.12-0.21-0.79-0.130.17-0.150.02-0.040.19-0.040.22-0.86-0.950.80.8
0.820.910.65-0.27-0.27-0.370.64-0.110.180.280.670.18-0.090.20.070.13-0.260.13-0.090.71-0.95-0.61-0.61
-0.29-0.79-0.140.20.750.77-0.120.020.01-0.03-0.820.090.240.080.220.1-0.030.230.37-0.890.8-0.611.0
-0.29-0.79-0.140.20.750.77-0.120.020.01-0.03-0.820.090.240.080.220.1-0.030.230.37-0.890.8-0.611.0
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First American Account Relationship Matchups

First American income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization129.0M149.0M158M167M188.5M122.5M
Interest Expense47.8M57.5M72M93M132.5M139.1M
Selling General Administrative1.8B1.9B2.4B2.3B2.0B1.8B
Total Revenue6.2B7.1B9.2B7.6B938.5M891.6M
Gross Profit5.3B6.0B9.2B5.3B(128.5M)(122.1M)
Other Operating Expenses5.3B6.2B7.6B7.3B6.0B5.7B
Operating Income114.7M(94.2M)419M326M274.4M298.0M
Ebit114.7M980.7M419M418.7M406.9M382.1M
Ebitda243.8M1.1B577M585.7M595.4M504.7M
Total Operating Expenses(6.1B)(7.2B)(8.8B)1.3B6.0B6.3B
Income Before Tax905.0M923.3M1.6B326M274.4M478.0M
Total Other Income Expense Net790.3M922.5M3.4B325.7M274.4M260.7M
Net Income707.4M696M1.2B263M216.8M354.3M
Income Tax Expense195.2M222.8M393M61M58.9M56.0M
Cost Of Revenue923.3M1.1B3.0B2.3B1.1B1.3B
Minority Interest2.4M4.1M(8M)(2M)1.3M1.3M
Net Income Applicable To Common Shares707.4M696.4M1.2B263M302.5M431.0M
Net Income From Continuing Ops709.8M700.5M1.2B265M215.5M204.7M
Tax Provision195.2M222.8M393M61M58.9M56.0M
Interest Income298.4M57.5M72M93M545.5M572.8M
Net Interest Income(47.8M)(57.5M)(72M)(93M)(132.5M)(125.9M)
Reconciled Depreciation129.0M149.0M158M167M188.5M164.3M

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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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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.