First American Financial (FAF) Net Margin (2009 - 2026)
First American Financial's (FAF) quarterly Net Margin came in at 10.35% in Q2 2026, up 236.0% YoY from 3.08% in Q2 2025, and up 52.4% on a QoQ basis from 6.79% in Q1 2026.
First American Financial (FAF) Net Margin (2009 - 2026) Analysis & Trends
First American Financial (FAF) has 18 years of Net Margin data on file, last reported at 10.35% in Q2 2026.
- Quarterly Net Margin rose 236.0% year-over-year to 10.35% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 9.36% (up 645.0% YoY) and the FY2025 annual result came in at 8.39%, up 626.0% from the prior year.
- Net Margin rose to 10.35% in Q2 2026, from 6.79% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 10.41% in Q4 2025 to a low of 7.35% in Q3 2024.
- A 5-year average of 4.3% and a median of 4.78% in 2022 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2022 — Net Margin plunged 1747 bps — and 2025, when it jumped 1695 bps.
- Tracing FAF's Net Margin over 5 years: stood at 3.21% in 2022, then surged by 151 bps to 1.64% in 2023, then jumped by 157 bps to 4.21% in 2024, then surged by 147 bps to 10.41% in 2025, then decreased by 1 bps to 10.35% in 2026.
- The last three Net Margin figures came in at 10.35% (Q2 2026), 6.79% (Q1 2026), and 10.41% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.71 Bn | 8.14 Bn | 3.59 Bn | 6.79% |
| 2 | First American Financial | 7.40 Bn | 4.28 Bn | 1.77 Bn | 10.35% |
| 3 | Axis Capital Holdings | 7.28 Bn | 6.49 Bn | 819.78 Mn | 14.29% |
| 4 | Enact Holdings | 6.86 Bn | 6.36 Bn | 284.04 Mn | 55.10% |
| 5 | Mgic Investment | 6.46 Bn | 6.23 Bn | 284.40 Mn | 61.66% |
| 6 | Essent | 6.22 Bn | 6.22 Bn | 313.73 Mn | 52.31% |
| 7 | Ryan Specialty Holdings | 5.38 Bn | 5.24 Bn | - | 11.82% |
| 8 | Radian | 4.96 Bn | 4.22 Bn | 380.01 Mn | 20.16% |
| 9 | NMI Holdings | 3.45 Bn | 3.37 Bn | 157.40 Mn | 56.30% |
| 10 | Assured Guaranty | 3.29 Bn | -503.07 Mn | 156.00 Mn | 26.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 10.35% |
| Mar 31, 2026 | 6.79% |
| Dec 31, 2025 | 10.41% |
| Sep 30, 2025 | 9.60% |
| Jun 30, 2025 | 7.99% |
| Mar 31, 2025 | 4.73% |
| Dec 31, 2024 | 4.21% |
| Sep 30, 2024 | -7.35% |
| Jun 30, 2024 | 7.22% |
| Mar 31, 2024 | 3.28% |
| Dec 31, 2023 | 1.64% |
| Sep 30, 2023 | -0.08% |
| Jun 30, 2023 | 8.28% |
| Mar 31, 2023 | 3.18% |
| Dec 31, 2022 | -3.21% |
| Sep 30, 2022 | 0.13% |
| Jun 30, 2022 | 5.34% |
| Mar 31, 2022 | 4.82% |
| Dec 31, 2021 | 11.00% |
| Sep 30, 2021 | 17.61% |