First American Financial vs OLD Republic International
OLD Republic International is the larger business, with $9.14bn of revenue in fiscal 2025 against $7.45bn for First American Financial (1.2 times as much). First American Financial grew faster (21.6% against 11.0%). OLD Republic International kept more of each dollar of sales as profit: a net margin of 10.2% against 8.3%. OLD Republic International carries less debt relative to equity (26.9% against 28.1%).
| Latest fiscal year | First American FinancialFAF, 2025 | OLD Republic InternationalORI, 2025 |
|---|---|---|
| Revenue | $7.45bn | $9.14bn |
| Revenue growth | 21.6% | 11.0% |
| Net income | $622m | $935m |
| Operating margin | — | — |
| Net margin | 8.3% | 10.2% |
| Return on equity | 11.9% | 16.2% |
| Free cash flow | $763m | — |
| Cash | $1.39bn | $263m |
| Total debt | $1.55bn | $1.59bn |
| Debt to equity | 28.1% | 26.9% |
| Dividend per share | $2.18 | $3.66 |
| Dividend yield | 2.5% | — |
| Share buybacks | $122m | $124m |
| Employees | 19,102 | — |
| Market value | $6.64bn | $9.56bn |
| Price vs our value range | — | — |
| Moat score | 67 (Moderate) | 68 (Moderate) |
| Insider trades, 12 months | 3 buys, 4 sales | 5 buys, 8 sales |