First American Financial (FAF) Gross Margin (2009 - 2015)
First American Financial's Gross Margin was 89.95% in Q3 2015, down 0.58 percentage points from 90.52% a year earlier and down 0.77 percentage points from the prior quarter.
First American Financial (FAF) Gross Margin (2009 - 2015) Analysis & Trends
On a trailing twelve-month basis, First American Financial's Gross Margin was 90.62% through Sep 30, 2015, up 0.06 percentage points year-over-year; for FY2014, it was -527.51%, down 37.53 percentage points from FY2013.
- Gross Margin has now declined for four consecutive years, with a five-year change of -618.94 percentage points (FY2009 to FY2014).
- In earlier years, Gross Margin was -489.97% in FY2013 (-99.15 pp), -390.82% in FY2012 (-479.82 pp), 89.00% in FY2011 (-2.78 pp) and 91.79% in FY2010 (+0.35 pp).
- The Q3 2015 figure marks the lowest quarterly Gross Margin since Q2 2014.
- Compared with a year earlier, Gross Margin was higher in four of the last eight quarters, with an average year-over-year change of +0.69 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q1 2012 (a gain of 4.93 percentage points); the worst was Q2 2013 (a drop of 6.67 percentage points).
- Per Business Quant data, FAF's Gross Margin in the three quarters before Q3 2015 was 90.72% (Q2 2015), 90.86% (Q1 2015) and 91.06% (Q4 2014).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 137.94 Bn | 84.52 Bn | 9.13 Bn | 57.69% |
| 2 | Progressive | 131.43 Bn | 131.43 Bn | - | - |
| 3 | Marsh & Mclennan Companies | 90.99 Bn | 83.15 Bn | - | - |
| 4 | Travelers Companies | 83.60 Bn | 83.60 Bn | - | - |
| 5 | Manulife Financial | 76.64 Bn | -18.24 Bn | - | - |
| 6 | Arthur J. Gallagher | 66.54 Bn | 60.95 Bn | - | - |
| 7 | Aon | 64.63 Bn | 57.85 Bn | - | - |
| 8 | Allstate | 64.48 Bn | 25.75 Bn | 8.73 Bn | 46.97% |
| 9 | Metlife | 64.32 Bn | -42.46 Bn | 7.82 Bn | 40.82% |
| 10 | First American Financial | 6.61 Bn | -3.51 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2015 | 89.95% |
| Jun 30, 2015 | 90.72% |
| Mar 31, 2015 | 90.86% |
| Dec 31, 2014 | 91.06% |
| Sep 30, 2014 | 90.52% |
| Jun 30, 2014 | 88.83% |
| Mar 31, 2014 | 91.13% |
| Dec 31, 2013 | 91.75% |
| Sep 30, 2013 | 91.16% |
| Jun 30, 2013 | 84.57% |
| Mar 31, 2013 | 89.88% |
| Dec 31, 2012 | 91.43% |
| Sep 30, 2012 | 91.21% |
| Jun 30, 2012 | 91.25% |
| Mar 31, 2012 | 91.03% |
| Dec 31, 2011 | 89.84% |
| Sep 30, 2011 | 88.38% |
| Jun 30, 2011 | 91.67% |
| Mar 31, 2011 | 86.10% |
| Dec 31, 2010 | 92.15% |
First American Financial Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=FAF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "FAF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=FAF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();