First American Financial Operating Margin Growth & History (FAF)
First American Financial's operating margin was 11.09% for fiscal 2025.
View full First American Financial company overviewFirst American Financial annual operating margin history
2008
2009
2010
2011
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2014
2015
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2017
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2022
2023
2024
2025
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 11.09% | +8.39 pp |
| 2024 | 2024-12-31 | 2.70% | −1.87 pp |
| 2023 | 2023-12-31 | 4.57% | +0.29 pp |
| 2022 | 2022-12-31 | 4.28% | −13.52 pp |
| 2021 | 2021-12-31 | 17.80% | +4.77 pp |
| 2020 | 2020-12-31 | 13.03% | −1.57 pp |
| 2019 | 2019-12-31 | 14.59% | +3.99 pp |
| 2018 | 2018-12-31 | 10.60% | +2.89 pp |
| 2017 | 2017-12-31 | 7.71% | −0.85 pp |
| 2016 | 2016-12-31 | 8.57% | +0.20 pp |
| 2015 | 2015-12-31 | 8.36% | +0.87 pp |
| 2014 | 2014-12-31 | 7.49% | +1.22 pp |
| 2013 | 2013-12-31 | 6.27% | −4.02 pp |
| 2012 | 2012-12-31 | 10.29% | +6.88 pp |
| 2011 | 2011-12-31 | 3.41% | −2.02 pp |
| 2010 | 2010-12-31 | 5.43% | +0.38 pp |
| 2009 | 2009-12-31 | 5.05% | +7.70 pp |
| 2008 | 2008-12-31 | −2.65% | — |
First American Financial quarterly operating margin
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Q3.09
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Q1.11
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Q4.12
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Q2.23
Q3.23
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Q1.24
Q2.24
Q3.24
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Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 13.41% | +2.81 pp |
| Q1 2026 | 2026-03-31 | 8.80% | +2.70 pp |
| Q4 2025 | 2025-12-31 | 14.02% | +8.09 pp |
| Q3 2025 | 2025-09-30 | 12.48% | +22.75 pp |
| Q2 2025 | 2025-06-30 | 10.60% | +1.20 pp |
| Q1 2025 | 2025-03-31 | 6.11% | +2.01 pp |
| Q4 2024 | 2024-12-31 | 5.93% | +3.24 pp |
| Q3 2024 | 2024-09-30 | −10.27% | −10.15 pp |
| Q2 2024 | 2024-06-30 | 9.40% | −1.41 pp |
| Q1 2024 | 2024-03-31 | 4.09% | −0.03 pp |
| Q4 2023 | 2023-12-31 | 2.69% | −0.74 pp |
| Q3 2023 | 2023-09-30 | −0.11% | +0.06 pp |
| Q2 2023 | 2023-06-30 | 10.81% | +3.96 pp |
| Q1 2023 | 2023-03-31 | 4.12% | −2.26 pp |
| Q4 2022 | 2022-12-31 | 3.42% | −10.58 pp |
| Q3 2022 | 2022-09-30 | −0.18% | −23.81 pp |
| Q2 2022 | 2022-06-30 | 6.86% | −10.75 pp |
| Q1 2022 | 2022-03-31 | 6.38% | −8.72 pp |
| Q4 2021 | 2021-12-31 | 14.00% | −3.75 pp |
| Q3 2021 | 2021-09-30 | 23.63% | +10.91 pp |
| Q2 2021 | 2021-06-30 | 17.61% | +3.60 pp |
| Q1 2021 | 2021-03-31 | 15.10% | +9.98 pp |
| Q4 2020 | 2020-12-31 | 17.76% | +1.07 pp |
| Q3 2020 | 2020-09-30 | 12.72% | −1.96 pp |
| Q2 2020 | 2020-06-30 | 14.00% | −1.31 pp |
| Q1 2020 | 2020-03-31 | 5.12% | −5.75 pp |
| Q4 2019 | 2019-12-31 | 16.69% | +8.30 pp |
| Q3 2019 | 2019-09-30 | 14.68% | +2.00 pp |
| Q2 2019 | 2019-06-30 | 15.31% | +1.77 pp |
| Q1 2019 | 2019-03-31 | 10.87% | +3.69 pp |
| Q4 2018 | 2018-12-31 | 8.39% | −2.36 pp |
| Q3 2018 | 2018-09-30 | 12.68% | +11.50 pp |
| Q2 2018 | 2018-06-30 | 13.54% | +0.88 pp |
| Q1 2018 | 2018-03-31 | 7.17% | +0.80 pp |
| Q4 2017 | 2017-12-31 | 10.76% | +5.34 pp |
| Q3 2017 | 2017-09-30 | 1.18% | −9.89 pp |
| Q2 2017 | 2017-06-30 | 12.66% | +1.38 pp |
| Q1 2017 | 2017-03-31 | 6.37% | +0.08 pp |
| Q4 2016 | 2016-12-31 | 5.41% | −3.19 pp |
| Q3 2016 | 2016-09-30 | 11.07% | +2.73 pp |
| Q2 2016 | 2016-06-30 | 11.28% | +0.58 pp |
| Q1 2016 | 2016-03-31 | 6.29% | +0.98 pp |
| Q4 2015 | 2015-12-31 | 8.61% | −1.18 pp |
| Q3 2015 | 2015-09-30 | 8.34% | −0.87 pp |
| Q2 2015 | 2015-06-30 | 10.70% | +4.05 pp |
| Q1 2015 | 2015-03-31 | 5.31% | +1.82 pp |
| Q4 2014 | 2014-12-31 | 9.79% | +2.83 pp |
| Q3 2014 | 2014-09-30 | 9.20% | +0.98 pp |
| Q2 2014 | 2014-06-30 | 6.65% | +2.05 pp |
| Q1 2014 | 2014-03-31 | 3.48% | −1.72 pp |
| Q4 2013 | 2013-12-31 | 6.96% | −4.61 pp |
| Q3 2013 | 2013-09-30 | 8.23% | −4.67 pp |
| Q2 2013 | 2013-06-30 | 4.60% | −5.71 pp |
| Q1 2013 | 2013-03-31 | 5.20% | −0.14 pp |
| Q4 2012 | 2012-12-31 | 11.57% | +4.93 pp |
| Q3 2012 | 2012-09-30 | 12.90% | +8.92 pp |
| Q2 2012 | 2012-06-30 | 10.30% | +5.00 pp |
| Q1 2012 | 2012-03-31 | 5.33% | +7.85 pp |
| Q4 2011 | 2011-12-31 | 6.63% | −0.64 pp |
| Q3 2011 | 2011-09-30 | 3.98% | −1.60 pp |
| Q2 2011 | 2011-06-30 | 5.31% | −0.57 pp |
| Q1 2011 | 2011-03-31 | −2.52% | −5.22 pp |
| Q4 2010 | 2010-12-31 | 7.28% | — |
| Q3 2010 | 2010-09-30 | 5.58% | −0.65 pp |
| Q2 2010 | 2010-06-30 | 5.88% | −0.42 pp |
| Q1 2010 | 2010-03-31 | 2.70% | — |
| Q3 2009 | 2009-09-30 | 6.23% | — |
| Q2 2009 | 2009-06-30 | 6.30% | — |
First American Financial operating margin trends
Over the last five fiscal years, First American Financial's operating margin decreased from 13.03% to 11.09%, a change of −1.94 percentage points. The latest reported quarter, Q2 2026, shows 13.41%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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