First American Financial (FAF) Shares Outstanding (Diluted) (2009 - 2026)
First American Financial (FAF) recorded Shares Outstanding (Diluted) of 103 million in Q2 2026, down 0.8% from 103.8 million a year earlier and down 0.3% from the prior quarter.
First American Financial (FAF) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, First American Financial reported Shares Outstanding (Diluted) of 103.7 million, down 0.6% from FY2024.
- Annual Shares Outstanding (Diluted) has declined for six straight years, with a five-year compound annual growth rate of -1.7% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding (Diluted) came in at 104.3 million in FY2024 (-0.3%), 104.6 million in FY2023 (-2.5%), 107.3 million in FY2022 (-3.7%) and 111.4 million in FY2021 (-1.4%).
- The Q2 2026 figure is the lowest quarterly Shares Outstanding (Diluted) in data going back to Q2 2009.
- On a year-over-year basis, Shares Outstanding (Diluted) has declined for 25 consecutive quarters, with an average decline of 0.5% over the last eight quarters.
- Across the past five years, year-over-year decline in Shares Outstanding (Diluted) ran from 0.2% in Q2 2024 to 5.4% in Q1 2023.
- Per Business Quant, the preceding three quarters came in at 103.3 million (Q1 2026), 103.7 million (Q4 2025) and 103.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,073.91 Bn | -343.57 Bn | 55.86 Bn | - |
| 2 | Chubb | 125.44 Bn | 77.50 Bn | 9.13 Bn | 391.25 Mn |
| 3 | Progressive | 120.54 Bn | 96.37 Bn | 9.04 Bn | 584.20 Mn |
| 4 | Marsh & Mclennan Companies | 81.59 Bn | 73.34 Bn | - | 482.00 Mn |
| 5 | Travelers Companies | 74.40 Bn | 50.64 Bn | 6.23 Bn | 213.60 Mn |
| 6 | Manulife Financial | 72.53 Bn | 73.74 Bn | - | 1.71 Bn |
| 7 | Metlife | 60.06 Bn | -46.42 Bn | 7.82 Bn | 646.90 Mn |
| 8 | Aon | 58.71 Bn | 51.95 Bn | - | 213.90 Mn |
| 9 | Arthur J. Gallagher | 58.49 Bn | 52.93 Bn | - | 258.70 Mn |
| 10 | First American Financial | 6.20 Bn | -4.99 Bn | - | 103.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 103.00 Mn |
| Mar 31, 2026 | 103.30 Mn |
| Dec 31, 2025 | 103.70 Mn |
| Sep 30, 2025 | 103.10 Mn |
| Jun 30, 2025 | 103.80 Mn |
| Mar 31, 2025 | 104.20 Mn |
| Dec 31, 2024 | 104.30 Mn |
| Sep 30, 2024 | 103.60 Mn |
| Jun 30, 2024 | 104.30 Mn |
| Mar 31, 2024 | 104.40 Mn |
| Dec 31, 2023 | 104.60 Mn |
| Sep 30, 2023 | 104.20 Mn |
| Jun 30, 2023 | 104.50 Mn |
| Mar 31, 2023 | 104.80 Mn |
| Dec 31, 2022 | 107.30 Mn |
| Sep 30, 2022 | 105.50 Mn |
| Jun 30, 2022 | 108.10 Mn |
| Mar 31, 2022 | 110.80 Mn |
| Dec 31, 2021 | 111.40 Mn |
| Sep 30, 2021 | 111.37 Mn |
First American Financial Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=FAF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=FAF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();