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Document and Entity Information - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Feb. 10, 2025
Jun. 30, 2024
Cover [Abstract]      
Document Type 10-K    
Amendment Flag false    
Document Period End Date Dec. 31, 2024    
Document Fiscal Year Focus 2024    
Document Fiscal Period Focus FY    
Entity Registrant Name FIRST AMERICAN FINANCIAL CORPORATION    
Trading Symbol FAF    
Entity Central Index Key 0001472787    
Entity Current Reporting Status Yes    
Entity Voluntary Filers No    
Entity Interactive Data Current Yes    
Current Fiscal Year End Date --12-31    
Entity Filer Category Large Accelerated Filer    
Entity Well-known Seasoned Issuer Yes    
Entity Public Float     $ 5,346,932,596
Entity Common Stock, Shares Outstanding   102,800,000  
ICFR Auditor Attestation Flag true    
Document Financial Statement Error Correction [Flag] true    
Document Financial Statement Restatement Recovery Analysis [Flag] false    
Entity Shell Company false    
Entity Small Business false    
Entity Emerging Growth Company false    
Title of 12(b) Security Common stock, $0.00001 par value    
Security Exchange Name NYSE    
Entity File Number 001-34580    
Entity Incorporation, State or Country Code DE    
Entity Tax Identification Number 26-1911571    
Entity Address, Address Line One 1 First American Way    
Entity Address, City or Town Santa Ana    
Entity Address, State or Province CA    
Entity Address, Postal Zip Code 92707-5913    
City Area Code (714)    
Local Phone Number 250-3000    
Document Annual Report true    
Document Transition Report false    
Documents Incorporated by Reference Portions of the registrant’s definitive proxy statement with respect to the 2025 annual meeting of the stockholders are incorporated by reference in Part III of this report. The definitive proxy statement or an amendment to this Form 10-K will be filed no later than 120 days after the close of registrant’s fiscal year.    
Auditor Name PricewaterhouseCoopers LLP    
Auditor Location Los Angeles, California    
Auditor Firm ID 238    
Auditor Opinion

Opinions on the Financial Statements and Internal Control over Financial Reporting

 

We have audited the accompanying consolidated balance sheets of First American Financial Corporation and its subsidiaries (the “Company”) as of December 31, 2024 and 2023, and the related consolidated statements of income, of comprehensive income, of equity and of cash flows for each of the three years in the period ended December 31, 2024, including the related notes and financial statement schedules listed in the accompanying index (collectively referred to as the “consolidated financial statements”). We also have audited the Company's internal control over financial reporting as of December 31, 2024, based on criteria established in Internal Control - Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO).

 

In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of the Company as of December 31, 2024 and 2023, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2024 in conformity with accounting principles generally accepted in the United States of America. Also in our opinion, the Company maintained, in all material respects, effective internal control over financial reporting as of December 31, 2024, based on criteria established in Internal Control - Integrated Framework (2013) issued by the COSO.