FIRST AMERICAN FINANCIAL CORPORATION
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.61B | $1.42B | $1.43B | $1.48B | $1.65B | $1.45B | $1.68B | $1.82B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $187.0M | $92.6M | $71.7M | $34.1M | $212.4M | $88.7M | $87.3M | $20.8M |
| Operating Margin | 11.6% | 6.5% | 5.0% | 2.3% | 12.9% | 6.1% | 5.2% | 1.1% |
| Interest Expense | $35.4M | $34.3M | $33.3M | $35.8M | $34.3M | $29.1M | $29.6M | $24.0M |
| Pretax Income | $151.6M | $58.3M | $38.4M | $-1.7M | $178.1M | $59.6M | $57.7M | $-3.2M |
| Income Tax Expense | $35.2M | $11.6M | $4.1M | $-500.0K | $41.7M | $13.6M | $3.1M | $-5.6M |
| Net Income | $116.0M | $46.7M | $34.1M | $-1.7M | $138.5M | $45.9M | $54.3M | $2.0M |
| Net Margin | 7.2% | 3.3% | 2.4% | -0.1% | 8.4% | 3.2% | 3.2% | 0.1% |
| EPS (Basic) | $1.11 | $0.45 | $0.33 | $-0.02 | $1.33 | $0.44 | $0.54 | $0.02 |
| EPS (Diluted) | $1.11 | $0.45 | $0.32 | $-0.02 | $1.33 | $0.44 | $0.54 | $0.02 |
| Shares Outstanding (Basic) | 104.1M | 104.1M | 104.3M | 104.2M | 104.3M | 104.5M | 107.0M | 105.3M |
| Shares Outstanding (Diluted) | 104.3M | 104.4M | 104.6M | 104.2M | 104.5M | 104.8M | 107.3M | 105.5M |
| Dividends Per Share | $0.53 | $0.53 | $0.53 | $0.53 | $0.52 | $0.52 | $0.52 | $0.52 |