First American Financial (FAF) Gross Margin (2009 - 2026)

First American Financial (FAF) reported Gross Margin of 67.24% for Q1 2026, down 1518.0% on a YoY basis from 4.74% in Q1 2025, and down 40.65% quarter-over-quarter from 113.29% in Q4 2025.

First American Financial (FAF) Gross Margin (2009 - 2026) Analysis & Trends

First American Financial has reported Gross Margin for 18 years, with the latest figure at 67.24% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin fell 1518.0% year-over-year to 67.24%; the trailing twelve-month figure through Mar 2026 stood at 140.94% (down 21961.0% YoY), and the FY2025 full-year result was 280.39%, down 36222.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 67.24%, down from 113.29% in the prior quarter.
  • The five-year high for Gross Margin was 113.29% in Q4 2025, with the low at 19.72% in Q4 2023.
  • Historically, Gross Margin has averaged 77.12% across 5 years, with a median of 81.51% in 2023.
  • Annual changes were most pronounced in 2023 — Gross Margin slumped 8529 bps — and 2024, when it soared 6302 bps.
  • First American Financial's Gross Margin stood at 105.01% in 2022, then slumped by 81 bps to 19.72% in 2023, then soared by 320 bps to 82.74% in 2024, then jumped by 37 bps to 113.29% in 2025, then sank by 41 bps to 67.24% in 2026.
  • The last three Gross Margin figures came in at 67.24% (Q1 2026), 113.29% (Q4 2025), and 84.38% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Fidelity National Financial 12.87 Bn 10.21 Bn 2.62 Bn 81.15%
2 Axis Capital Holdings 7.52 Bn 6.65 Bn - -
3 First American Financial 6.80 Bn 3.91 Bn 1.24 Bn 67.24%
4 Enact Holdings 6.01 Bn 5.46 Bn 205.74 Mn 84.70%
5 Mgic Investment 5.57 Bn 5.32 Bn 202.12 Mn 85.88%
6 Essent 5.47 Bn 5.47 Bn - -
7 Radian 4.74 Bn 4.66 Bn 368.17 Mn 78.95%
8 Ryan Specialty Holdings 4.62 Bn 5.05 Bn - -
9 Assured Guaranty 3.42 Bn -495.48 Mn 216.00 Mn 82.76%
10 NMI Holdings 2.82 Bn 2.75 Bn 152.85 Mn 83.31%

Historic Data

Download Data
DateValue
Mar 31, 2026 67.24%
Dec 31, 2025 113.29%
Sep 30, 2025 84.38%
Jun 30, 2025 68.85%
Mar 31, 2025 82.41%
Dec 31, 2024 82.74%
Sep 30, 2024 80.10%
Jun 30, 2024 69.47%
Mar 31, 2024 81.34%
Dec 31, 2023 19.72%
Sep 30, 2023 81.51%
Jun 30, 2023 83.45%
Mar 31, 2023 82.12%
Dec 31, 2022 105.01%
Sep 30, 2022 82.89%
Jun 30, 2022 63.72%
Mar 31, 2022 62.74%
Dec 31, 2021 112.11%
Sep 30, 2021 68.94%
Jun 30, 2021 68.27%