First American Financial (FAF) Tax Rate (2009 - 2026)
First American Financial (FAF) reported Tax Rate of 22.87% for Q1 2026, up 30.0% on a YoY basis from 17.59% in Q1 2025, and down 11.19% quarter-over-quarter from 25.75% in Q4 2025.
First American Financial (FAF) Tax Rate (2009 - 2026) Analysis & Trends
First American Financial has reported Tax Rate for 18 years, with the latest figure at 22.87% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 30.0% year-over-year to 22.87%; the trailing twelve-month figure through Mar 2026 stood at 24.25% (up 810.0% YoY), and the FY2025 full-year result was 24.33%, up 1060.0% from the prior year.
- Tax Rate for Q1 2026 stood at 22.87%, down from 25.75% in the prior quarter.
- The five-year high for Tax Rate was 175.0% in Q3 2022, with the low at 5.37% in Q4 2022.
- Historically, Tax Rate has averaged 32.29% across 5 years, with a median of 23.22% in 2024.
- Annual changes were most pronounced in 2022 — Tax Rate surged 14950 bps — and 2023, when it slumped 14559 bps.
- First American Financial's Tax Rate stood at 5.37% in 2022, then jumped by 627 bps to 39.06% in 2023, then sank by 57 bps to 16.92% in 2024, then soared by 52 bps to 25.75% in 2025, then declined by 11 bps to 22.87% in 2026.
- The last three Tax Rate figures came in at 22.87% (Q1 2026), 25.75% (Q4 2025), and 23.12% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.81 Bn | 10.15 Bn | 2.62 Bn | 35.14 |
| 2 | Axis Capital Holdings | 7.37 Bn | 6.51 Bn | - | 18.11 |
| 3 | First American Financial | 6.67 Bn | 3.79 Bn | 1.24 Bn | 22.87 |
| 4 | Enact Holdings | 5.96 Bn | 5.41 Bn | 205.74 Mn | 21.37 |
| 5 | Mgic Investment | 5.50 Bn | 5.25 Bn | 202.12 Mn | 20.08 |
| 6 | Essent | 5.43 Bn | 5.43 Bn | - | 16.89 |
| 7 | Radian | 4.68 Bn | 4.60 Bn | 368.17 Mn | 25.45 |
| 8 | Ryan Specialty Holdings | 4.46 Bn | 4.89 Bn | - | 13.82 |
| 9 | Assured Guaranty | 3.39 Bn | -530.50 Mn | 216.00 Mn | -58.82 |
| 10 | NMI Holdings | 2.80 Bn | 2.73 Bn | 152.85 Mn | 20.50 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.87% |
| Mar 31, 2026 | 22.87% |
| Dec 31, 2025 | 25.75% |
| Dec 31, 2025 | 25.75% |
| Sep 30, 2025 | 23.12% |
| Sep 30, 2025 | 23.12% |
| Jun 30, 2025 | 24.64% |
| Jun 30, 2025 | 24.64% |
| Mar 31, 2025 | 22.57% |
| Mar 31, 2025 | 22.57% |
| Dec 31, 2024 | 16.92% |
| Dec 31, 2024 | 16.92% |
| Sep 30, 2024 | 28.39% |
| Sep 30, 2024 | 28.39% |
| Jun 30, 2024 | 23.22% |
| Jun 30, 2024 | 23.22% |
| Mar 31, 2024 | 19.90% |
| Mar 31, 2024 | 19.90% |
| Dec 31, 2023 | 39.06% |
| Dec 31, 2023 | 39.06% |