FIRST AMERICAN FINANCIAL CORPORATION

FAF ·Financial, Insurance - Property & Casualty, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011
Revenue $5.75B $5.77B $5.58B $5.18B $4.68B $4.96B $4.54B $3.82B
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense
Operating Income $650.5M $481.3M $509.8M $461.9M $369.8M $326.0M $476.5M $142.4M
Operating Margin 11.3% 8.3% 9.1% 8.9% 7.9% 6.6% 10.5% 3.7%
Interest Expense $41.0M $36.0M $32.2M $29.1M $19.2M $15.3M $9.1M $12.1M
Pretax Income $609.5M $445.3M $477.6M $432.8M $350.6M $310.7M $467.4M $130.3M
Income Tax Expense $133.6M $23.5M $134.1M $143.9M $116.3M $123.6M $165.7M $51.7M
Net Income $474.5M $423.0M $343.0M $288.1M $233.5M $186.4M $301.0M $78.3M
Net Margin 8.3% 7.3% 6.2% 5.6% 5.0% 3.8% 6.6% 2.0%
EPS (Basic) $4.21 $3.79 $3.10 $2.65 $2.18 $1.74 $2.83 $0.74
EPS (Diluted) $4.19 $3.76 $3.09 $2.62 $2.15 $1.71 $2.77 $0.73
Shares Outstanding (Basic) 112.6M 111.7M 110.5M 108.4M 106.9M 107.0M 106.3M 105.2M
Shares Outstanding (Diluted) 113.3M 112.4M 111.2M 109.8M 108.7M 109.1M 108.5M 106.9M
Dividends Per Share $1.60 $1.44 $1.20 $1.00 $0.84 $0.48 $0.36 $0.24
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