FAF First American Financial margins

Relative Growth: Rel. Growth: 96

Relative Strength: Rel. Strength: 49

Relative Valuation: Rel. Valuation: 98

Relative Profitability: Rel. Profitability: 71

Gross margin

34.4%

Operating margin

14.4%

EBITDA margin

17.1%

Net margin

9.3%

Recent First American Financial shows a gross margin of 34.4%, an operating margin of 14.4%, an EBITDA margin of 17.1%, and a net margin of 9.3%. Operating margin drove the improvement across the available margins, increasing by 8.3 percentage points.

FAF margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, First American Financial's margins averaged 30.15% gross, 8.51% operating, 11.63% EBITDA, and 4.79% net. All four current margins are above their three-year averages.

FAF margin expansion

Year-over-year margin changes in percentage points

The biggest expansion was in operating margin, which rose by 8.3 percentage points. The other available margins also improved.

Gross margin expansion

6.1pp

Operating margin expansion

8.3pp

EBITDA margin expansion

7.8pp

Net margin expansion

6.4pp

FAF Gross margin

Over the last 3 years, First American Financial's gross margin averaged 30.15%. Right now, First American Financial's current gross margin is 34.4%, which is 4.3 percentage points above its three-year average. During this period, gross margin reached a high of 34.4% in Jun 2026 and a low of 27.2% in Sep 2024.

FAF Operating margin

First American Financial's operating margin averaged 8.51% over the last 3 years. The latest operating margin for First American Financial is 14.4%, 5.9 percentage points above its three-year average. Over the last 3 years, First American Financial's operating margin peaked at 14.4% in Jun 2026 and reached a low of 4.1% in Sep 2024.

FAF EBITDA margin

First American Financial recorded an average EBITDA margin of 11.63% across the last 3 years. First American Financial currently reports an EBITDA margin of 17.1%, 5.5 percentage points above its three-year average. The EBITDA margin for First American Financial moved between 7.6% in Sep 2024 and 17.1% in Jun 2026.

FAF Net margin

Across the last 3 years, First American Financial recorded an average net margin of 4.79%. First American Financial's current net margin is 9.3% and is 4.5 percentage points above its three-year average. The highest net margin for First American Financial was 9.3% in Jun 2026, while the lowest was 1.6% in Sep 2024.

FAF margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 34.4%, FAF stands lower than the Financial Services sector and the industry average. Looking at the Financial Services sector average of 83.7%, First American Financial's gross margin is 59% lower.

FAF margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is First American Financial's gross margin?

As of Jun 30, 2026, FAF has a gross margin of 34.4%.

What is First American Financial's operating margin?

The current operating margin for FAF is 14.4% as of Jun 30, 2026.

What is First American Financial's EBITDA margin?

For the period ending Jun 30, 2026, FAF recorded an EBITDA margin of 17.1%.

What is First American Financial's net margin?

For the period ending Jun 30, 2026, FAF recorded a net margin of 9.3%.

What are the average margins of FAF?

Across the last 3 years, FAF averaged 30.2% gross, 8.5% operating, 11.6% EBITDA, and 4.8% net.

What are the highest historical margins of FAF?

Within the 5-year period, FAF recorded its highest margins at 35.7% gross in Dec 2021, 18.6% operating in Dec 2021, 20.2% EBITDA in Dec 2021, and 13.5% net in Dec 2021.

What are the lowest historical margins of FAF?

Over this 5-year history, First American Financial's margins fell as low as 25.6% gross in Dec 2022, 4.1% operating in Sep 2024, 7.5% EBITDA in Mar 2023, and 1.6% net in Sep 2024.