FIRST AMERICAN FINANCIAL CORPORATION
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Sep 2025 | Jun 2025 | Mar 2025 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $218.5M | $125.1M | $189.6M | $146.1M | $74.2M | $-104.0M | $116.0M | $46.7M |
| Depreciation & Amortization | $53.6M | $54.6M | $54.8M | $53.0M | $52.5M | $53.2M | $52.1M | $50.1M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $8.8M | $9.3M | $9.8M | $9.0M | $9.6M | $10.7M | $11.2M | $12.3M |
| Stock-Based Compensation | — | $27.1M | — | — | $30.6M | — | — | $23.4M |
| Net Cash from Operating Activities | $356.6M | $5.6M | $272.5M | $361.8M | $-52.8M | $236.9M | $266.7M | $69.3M |
| Investing Activities | ||||||||
| Capital Expenditures | $39.2M | $38.3M | $49.4M | $52.4M | $41.7M | $51.5M | $56.7M | $51.7M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | — | $-815.7M | — | — | $-234.5M | — | — | $-231.4M |
| Financing Activities | ||||||||
| Dividends Paid | — | $56.2M | — | — | $55.7M | — | — | $54.9M |
| Stock Repurchases | — | $33.5M | — | — | $28.2M | — | — | $3.5M |
| Net Cash from Financing Activities | — | $1.86B | — | — | $612.3M | — | — | $-1.93B |
| Net Change in Cash | — | $1.05B | — | — | $327.0M | — | — | $-2.10B |
| Free Cash Flow | $317.4M | $-32.7M | $223.1M | $309.4M | $-94.5M | $185.4M | $210.0M | $17.6M |