First American Financial Corporation
FAFFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
6,121
Cost of Revenue
2,365
Gross Profit
3,756
Gross Margin
61.4%
Operating Income
308
Operating Margin
5.0%
Net Income
131
Net Margin
2.1%
EPS (Basic)
$1.26
EPS (Diluted)
$1.26
EBITDA
522
EBITDA Margin
8.5%
2023
12/31/2023
Revenue
5,998
Cost of Revenue
2,289
Gross Profit
3,710
Gross Margin
61.8%
Operating Income
402
Operating Margin
6.7%
Net Income
217
Net Margin
3.6%
EPS (Basic)
$2.08
EPS (Diluted)
$2.07
EBITDA
595
EBITDA Margin
9.9%
2022
12/31/2022
Revenue
7,605
Cost of Revenue
0
Gross Profit
7,605
Gross Margin
100.0%
Operating Income
408
Operating Margin
5.4%
Net Income
263
Net Margin
3.5%
EPS (Basic)
$2.46
EPS (Diluted)
$2.45
EBITDA
586
EBITDA Margin
7.7%
2021
12/31/2021
Revenue
9,221
Cost of Revenue
0
Gross Profit
9,221
Gross Margin
100.0%
Operating Income
1,714
Operating Margin
18.6%
Net Income
1,241
Net Margin
13.5%
EPS (Basic)
$11.18
EPS (Diluted)
$11.14
EBITDA
1,872
EBITDA Margin
20.3%
2020
12/31/2020
Revenue
7,087
Cost of Revenue
1,119
Gross Profit
5,968
Gross Margin
84.2%
Operating Income
1,030
Operating Margin
14.5%
Net Income
696
Net Margin
9.8%
EPS (Basic)
$6.18
EPS (Diluted)
$6.16
EBITDA
1,130
EBITDA Margin
15.9%