OverviewSuggest Edit

First American is a provider of title insurance and settlement services. It operates through two segments: Title Insurance and Services and Specialty Insurance segment. The company offers title insurance and closing, title plant management, property and casualty insurance, banking, trust, investment advisory, and other services. First American serves homebuyers and sellers, real estate professionals, loan originators and servicers, commercial property professionals, homebuilders, and others involved in residential and commercial property transactions with products and services specific to their needs.


TypePublic
Founded1889
HQSanta Ana, CA, US
Websitefirstam.com
Employee Ratings3.5
Overall CultureB

Latest Updates

Employees (est.) (Dec 2020)19,597(+7%)
Job Openings878
Revenue (FY, 2020)$7.1 B(+15%)
Share Price (Jul 2021)$65.5

Key People/Management at First American

Sally French Tyler

Sally French Tyler

EVP, Division President
Joseph Ghilardi

Joseph Ghilardi

Senior Vice President, Chief Operating Officer
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First American Office Locations

First American has offices in Santa Ana, Adelaide, Brisbane City, Chatswood and in 13 other locations
Santa Ana, CA, US (HQ)
1 First American Way
Adelaide, AU
Level 14/115 Grenfell St
Brisbane City, AU
Level 6/348 Edward St
Chatswood, AU
Level 1, Tower B/799 Pacific Hwy
Melbourne, AU
624 Collins St
Melbourne, AU
Level 28/360 Collins St
Show all (19)

First American Financials and Metrics

First American Revenue

First American's revenue was reported to be $7.09 b in FY, 2020 which is a 14.3% increase from the previous period.
USD

Revenue (Q1, 2021)

2.0b

Net income (Q1, 2021)

234.5m

Market capitalization (23-Jul-2021)

7.2b

Closing stock price (23-Jul-2021)

65.5

Cash (31-Mar-2021)

2.0b

EV

6.4b
First American's current market capitalization is $7.2 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

5.7b6.2b7.1b

Revenue growth, %

8%14%

Operating expense total

5.1b5.3b6.2b

Depreciation and amortization

125.9m129.0m149.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

1.3b1.5b1.7b1.4b1.6b1.9b2.0b

Operating expense total

1.2b1.3b1.4b1.3b1.4b1.7b1.7b

Depreciation and amortization

32.9m32.9m31.7m31.4m41.0m38.2m38.3m

Pre tax profit

141.7m229.5m245.3m72.3m225.3m243.4m306.0m
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

1.5b1.5b1.3b

Accounts Receivable

325.7m324.4m385.1m

PP&E

457.8m442.0m445.1m

Goodwill

1.1b1.2b1.4b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

1.3b1.4b1.7b1.0b1.5b1.5b2.0b

Accounts Receivable

310.8m352.2m351.8m404.5m354.7m392.9m404.4m

PP&E

452.9m451.3m448.0m488.5m459.6m442.4m445.4m

Goodwill

1.1b1.2b1.1b1.4b1.4b1.4b1.4b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

475.9m709.8m700.5m

Depreciation and Amortization

125.9m129.0m149.0m

Accounts Payable

15.3m45.5m130.0m

Cash From Operating Activities

793.2m913.1m1.1b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

109.8m297.1m485.2m63.8m235.5m419.1m234.5m

Depreciation and Amortization

32.9m65.8m97.5m31.4m72.4m110.7m38.3m

Accounts Payable

(118.3m)(71.2m)10.7m(150.0m)(74.6m)32.0m(81.8m)

Cash From Operating Activities

34.5m301.1m611.7m24.2m368.0m681.0m223.9m
USDFY, 2018

EV/CFO

5.4 x

EV/FCF

6.3 x

Revenue/Employee

314.9k

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

2.8 x

P/E Ratio

10.7
Show all financial metrics

First American Operating Metrics

First American's Reported Claims, units was reported to be 1.2 k in FY, 2020.
FY, 2018FY, 2019FY, 2020

Reported Claims, units

1.06 k1.08 k1.18 k

Office Space, sq. ft.

490 k490 k490 k
Show all operating metrics

First American Acquisitions / Subsidiaries

Company NameDateDeal Size
ServiceMacOctober 26, 2020
DocutechFebruary 13, 2020$350 m
Bank of America (Lien Release Business)December 08, 2017
TD Service Financial CorpOctober 10, 2016
RedVision SystemSeptember 06, 2016
TitleVestMarch 12, 2015
InterthinxFebruary 07, 2014
Proxix SolutionsOctober 01, 2007
Basis100June 30, 2004$43 m
Data Trace Information Services LLC
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First American Revenue Breakdown

Embed Graph

First American revenue breakdown by business segment: 7.5% from Specialty Insurance and 92.5% from Title Insurance and Services

First American revenue breakdown by geographic segment: 95.2% from Domestic and 4.8% from Other

First American Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

First American Online and Social Media Presence

Embed Graph

First American Company Culture

  • Overall Culture

    B

    77/100

  • CEO Rating

    A+

    82/100

  • Compensation

    B

    79/100

  • Diversity

    C

    68/100

Learn more on Comparably

First American News and Updates

Golfing World Celebrates 100th Anniversary of the First American Golfer to Be Named Top Golfer, According to David Fountain, Author of "Grooves" About the Life of "Jock Hutchinson"

TALLAHASSEE, Fla., June 15, 2021 /PRNewswire/ -- One hundred years ago the Claret Jug, symbol of the world's best golfer, was presented to John Fowler "Jock" Hutchison, a member of America's golfing Triumvirate, according to David Fountain, author of "Grooves," the only book about...

Deluxe closes First American Payment Systems acquisition

Deluxe (NYSE: DLX) announced today it has completed the previously announced acquisition of First American Payment Systems (“First American”) for $960 million in cash. Deluxe announced the proposed transaction on April 22, 2021.

Deluxe to acquire First American Payment Systems

Deluxe (NYSE: DLX), a Trusted Business Technology™ company, today announced an agreement to acquire First American Payment Systems (“First American”) for $960 million in cash, subject to customary adjustments.

FIRST AMERICAN FINANCIAL SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against First American Financial Corp. - FAF

NEW ORLEANS, Feb. 12, 2021 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until December 24, 2020 to file lead plaintiff applications in a securities class action lawsuit against...

StarNews Mobile Partners with U.S. Entertainment Network Black & Sexy TV to Offer First American Entertainment Series to Africa

Over 400M smartphone users in Africa will be able to stream Black & Sexy TV’s exclusive series, Sexless, via StarNews Mobile at an affordable price

First American Earns Top Marks on Human Rights Campaign Foundations 2021 Corporate Equality Index for Fourth Year in a Row

Company earns 100 percent on Human Rights Campaign Foundation’s annual assessment of LGBTQ Workplace Equality.read more
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First American Blogs

The Preparation Before the Innovation – Five Steps to Boost Success in eClosing Implementation

With mortgage rates expected to remain low by any historical standard and the ongoing millennial-driven wave of home-buying demand, housing market potential is poised for further growth in 2021. At the same time, the pandemic-driven acceleration of the adoption of a more digital home-buy…

From Clouded to Clarity – The Future of Digital Transformation in Commercial Real Estate Transactions

Momentum toward the digital transformation of residential real estate transactions has been building for several years and has only accelerated amid the coronavirus pandemic, and now the foundations for a more digital commercial real estate transaction are emerging. The benefits of a mor…

First American Frequently Asked Questions

  • When was First American founded?

    First American was founded in 1889.

  • Who are First American key executives?

    First American's key executives are Sally French Tyler and Joseph Ghilardi.

  • How many employees does First American have?

    First American has 19,597 employees.

  • What is First American revenue?

    Latest First American annual revenue is $7.1 b.

  • What is First American revenue per employee?

    Latest First American revenue per employee is $361.6 k.

  • Who are First American competitors?

    Competitors of First American include Radian Group, MGIC Investment Corporation and Mapfre.

  • Where is First American headquarters?

    First American headquarters is located at 1 First American Way, Santa Ana.

  • Where are First American offices?

    First American has offices in Santa Ana, Adelaide, Brisbane City, Chatswood and in 13 other locations.

  • How many offices does First American have?

    First American has 19 offices.