First American Financial (FAF) Tax Rate (2009 - 2026)
First American Financial (FAF) posted quarterly Tax Rate of 22.82% for Q2 2026, down 182.0% year-on-year from 27.84% in Q2 2025, and little changed on a QoQ basis from 22.87% in Q1 2026.
First American Financial (FAF) Tax Rate (2009 - 2026) Analysis & Trends
First American Financial (FAF) has reported Tax Rate for 18 consecutive years, with 22.82% the latest figure, recorded in Q2 2026.
- Quarterly Tax Rate fell 182.0% year-over-year to 22.82% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 23.76% (up 39.0% YoY) and the FY2025 annual result came in at 24.33%, up 335.0% from the prior year.
- Tax Rate steadied at 22.82% in Q2 2026 per FAF's latest filing, from 22.87% in the prior quarter.
- Over the last five years, Tax Rate for FAF reached as high as 193.76% in Q4 2022 and fell as low as 19.9% in Q1 2024.
- A 5-year average of 42.9% and a median of 23.92% in 2022 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate surged 17233 bps — and 2023, when it plunged 15470 bps.
- Year by year, Tax Rate stood at 193.76% in 2022, then plunged by 80 bps to 39.06% in 2023, then retreated by 26 bps to 28.93% in 2024, then decreased by 11 bps to 25.75% in 2025, then retreated by 11 bps to 22.82% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 22.82%, 22.87%, and 25.75% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 13.08 Bn | 10.42 Bn | 3.16 Bn | 35.14% |
| 2 | Axis Capital Holdings | 8.50 Bn | 7.97 Bn | 613.18 Mn | 18.11% |
| 3 | First American Financial | 7.10 Bn | 4.22 Bn | 1.77 Bn | 22.82% |
| 4 | Enact Holdings | 6.51 Bn | 5.96 Bn | 205.69 Mn | 21.37% |
| 5 | Mgic Investment | 6.26 Bn | 6.23 Bn | 263.84 Mn | 20.08% |
| 6 | Essent | 6.05 Bn | 6.05 Bn | 211.88 Mn | 16.89% |
| 7 | Radian | 5.96 Bn | 5.91 Bn | 304.36 Mn | 25.45% |
| 8 | Assured Guaranty | 3.78 Bn | 3.28 Bn | 65.00 Mn | -30.77% |
| 9 | NMI Holdings | 3.17 Bn | 3.10 Bn | 134.15 Mn | 20.50% |
| 10 | Employers Holdings | 957.12 Mn | 620.72 Mn | 51.80 Mn | 20.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 22.82% |
| Jun 30, 2026 | 22.82% |
| Jun 30, 2026 | 22.82% |
| Mar 31, 2026 | 22.87% |
| Mar 31, 2026 | 22.87% |
| Mar 31, 2026 | 22.87% |
| Dec 31, 2025 | 25.75% |
| Dec 31, 2025 | 25.75% |
| Dec 31, 2025 | 25.75% |
| Sep 30, 2025 | 23.12% |
| Sep 30, 2025 | 23.12% |
| Sep 30, 2025 | 23.12% |
| Jun 30, 2025 | 24.64% |
| Jun 30, 2025 | 24.64% |
| Jun 30, 2025 | 24.64% |
| Mar 31, 2025 | 22.57% |
| Mar 31, 2025 | 22.57% |
| Mar 31, 2025 | 22.57% |
| Dec 31, 2024 | 28.93% |
| Dec 31, 2024 | 28.93% |