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
165
Operating Margin
2.7%
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
274
Operating Margin
4.6%
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
7,594
Cost of Revenue
3,316
Gross Profit
4,278
Gross Margin
56.3%
Operating Income
326
Operating Margin
4.3%
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
9,214
Cost of Revenue
3,575
Gross Profit
5,639
Gross Margin
61.2%
Operating Income
1,641
Operating Margin
17.8%
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
7,080
Cost of Revenue
2,764
Gross Profit
4,316
Gross Margin
61.0%
Operating Income
923
Operating Margin
13.0%
Net Income
696
Net Margin
9.8%
EPS (Basic)
$6.18
EPS (Diluted)
$6.16
EBITDA
1,129
EBITDA Margin
15.9%