---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-086052"
form_type: "8-K"
ticker: "FAF"
cik: "0001472787"
company_name: "First American Financial Corp"
filed_at: "2024-07-24T23:59:59+00:00"
generated_at: "2026-05-31T16:52:39.740489+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# First American Q2 net income $116M ($1.11/diluted); revenue $1.6B, down 2% YoY

## Summary
- Q2 total revenue $1.6B (-2% YoY); net income $116M ($1.11 diluted EPS) vs $138.5M ($1.33) last year.
- Adjusted net income $132.5M ($1.27 per share) vs $140.9M ($1.35) in Q2 2023.
- Title Insurance segment pretax margin 11.7% (adjusted 11.9%) vs 12.1% (adjusted 12.6%) a year ago.
- Home Warranty segment pretax margin improved to 15.4% from 13.4%; claim loss rate down to 45.8%.
- Repurchased 752K shares for $41M in Q2; through July 23, additional 281K shares for $15M.

## SEC filing metadata
- accession: 0000950170-24-086052
- form_type: 8-K
- ticker: FAF
- cik: 0001472787
- company_name: First American Financial Corp
- filed_at: 2024-07-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1472787/000095017024086052/0000950170-24-086052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1472787/000095017024086052/faf-20240724.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-086052
- JSON: https://secwatch.observer/filing/0000950170-24-086052.json
- Plain text: https://secwatch.observer/filing/0000950170-24-086052.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.