Detail akcie First American F online

Business Summary: First American Financial Corporation, through its subsidiaries, is engaged in the business of providing title insurance, settlement services and other financial services and risk solutions. Its segments include Title Insurance and Services, Home Warranty, and Corporate segment. The Title Insurance and Services segment issues title insurance policies on residential and commercial property in the United States and offers similar or related products and services internationally. This segment also provides closing and/or escrow services, accommodates tax-deferred exchanges of real estate, and maintains, manages and provides access to title plant data and records. The Home Warranty segment provides residential service contracts that cover residential systems, such as heating and air conditioning systems, and certain appliances against failures that occur as the result of normal usage during the coverage period. The Corporate segment includes investments in venture-stage companies.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, First American Financial Corp revenues decreased 22% to $6.15B. Net income decreased 18% to $216.8M. Revenues reflect Title Insurance and Services segment decrease of 24% to $5.72B, Home Warranty segment decrease of 5% to $417.2M. Net income also reflects Rental Expense increase of 32% to $122.9M (expense), Depreciation and amortization increase of 13% to $186.8M (expense).