Financial Statements

First American Financial Corporatio... (FAF)


+0.73 (+1.41%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 2,6552,1611,6441,311-
Net Income 1,241696707474423
Stock Dividends -3-3-2371,047
Dividend Paid -213-199-188-178-159
Retained Earnings 3,6802,6552,1611,6441,311

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 711733458440-
Annual Depreciation 20592383136574
Capital Expenditure -161-114-107-118-134
Net PPE 755711733458440

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -1,1131,1441,1511,379
New Purchases -1,971-3,158-2,341-2,873-6,348
Intangible and Goodwill 1,1131,1441,1511,3791,588

First American Financial Corporation income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes First American Financial Corporation FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.