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Side-by-side financial comparison of First American Financial Corp (FAF) and Graham Holdings Co (GHC). Click either name above to swap in a different company.
First American Financial Corp is the larger business by last-quarter revenue ($2.0B vs $1.3B, roughly 1.6× Graham Holdings Co). First American Financial Corp runs the higher net margin — 10.3% vs 8.7%, a 1.6% gap on every dollar of revenue. On growth, First American Financial Corp posted the faster year-over-year revenue change (21.6% vs 0.4%). First American Financial Corp produced more free cash flow last quarter ($324.5M vs $5.0M). Over the past eight quarters, First American Financial Corp's revenue compounded faster (19.9% CAGR vs 4.2%).
First American Financial Corporation is an American financial services company which provides title insurance and settlement services to the real estate and mortgage industries.
Graham Holdings Company is a diversified American conglomerate holding company. Headquartered in Arlington County, Virginia, and incorporated in Delaware, it was formerly the owner of The Washington Post newspaper and Newsweek magazine.
FAF vs GHC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.0B | $1.3B |
| Net Profit | $211.9M | $108.7M |
| Gross Margin | — | — |
| Operating Margin | 14.0% | 3.8% |
| Net Margin | 10.3% | 8.7% |
| Revenue YoY | 21.6% | 0.4% |
| Net Profit YoY | 192.7% | -80.2% |
| EPS (diluted) | $2.04 | $24.76 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $2.0B | $1.3B | ||
| Q3 25 | $2.0B | $1.3B | ||
| Q2 25 | $1.8B | $1.2B | ||
| Q1 25 | $1.6B | $1.2B | ||
| Q4 24 | $1.7B | $1.2B | ||
| Q3 24 | $1.4B | $1.2B | ||
| Q2 24 | $1.6B | $1.2B | ||
| Q1 24 | $1.4B | $1.2B |
| Q4 25 | $211.9M | $108.7M | ||
| Q3 25 | $189.6M | $122.9M | ||
| Q2 25 | $146.1M | $36.7M | ||
| Q1 25 | $74.2M | $23.9M | ||
| Q4 24 | $72.4M | $548.8M | ||
| Q3 24 | $-104.0M | $72.5M | ||
| Q2 24 | $116.0M | $-21.0M | ||
| Q1 24 | $46.7M | $124.4M |
| Q4 25 | 14.0% | 3.8% | ||
| Q3 25 | 12.5% | 5.2% | ||
| Q2 25 | 10.6% | 6.0% | ||
| Q1 25 | 6.1% | 4.1% | ||
| Q4 24 | 5.9% | 5.8% | ||
| Q3 24 | -10.3% | 6.8% | ||
| Q2 24 | 9.4% | 2.2% | ||
| Q1 24 | 4.1% | 3.1% |
| Q4 25 | 10.3% | 8.7% | ||
| Q3 25 | 9.6% | 9.6% | ||
| Q2 25 | 7.9% | 3.0% | ||
| Q1 25 | 4.7% | 2.0% | ||
| Q4 24 | 4.3% | 44.1% | ||
| Q3 24 | -7.4% | 6.0% | ||
| Q2 24 | 7.2% | -1.8% | ||
| Q1 24 | 3.3% | 10.8% |
| Q4 25 | $2.04 | $24.76 | ||
| Q3 25 | $1.84 | $27.91 | ||
| Q2 25 | $1.41 | $8.35 | ||
| Q1 25 | $0.71 | $5.45 | ||
| Q4 24 | $0.70 | $124.05 | ||
| Q3 24 | $-1.00 | $16.42 | ||
| Q2 24 | $1.11 | $-4.79 | ||
| Q1 24 | $0.45 | $27.72 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.4B | $267.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $5.5B | $4.8B |
| Total Assets | $16.2B | $8.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.4B | $267.0M | ||
| Q3 25 | $2.9B | $190.8M | ||
| Q2 25 | $2.0B | $176.2M | ||
| Q1 25 | $2.0B | $156.7M | ||
| Q4 24 | $1.7B | $260.9M | ||
| Q3 24 | $3.0B | $244.4M | ||
| Q2 24 | $2.0B | $140.7M | ||
| Q1 24 | $1.5B | $130.9M |
| Q4 25 | $5.5B | $4.8B | ||
| Q3 25 | $5.3B | $4.5B | ||
| Q2 25 | $5.1B | $4.4B | ||
| Q1 25 | $5.0B | $4.3B | ||
| Q4 24 | $4.9B | $4.3B | ||
| Q3 24 | $5.1B | $4.0B | ||
| Q2 24 | $4.8B | $4.0B | ||
| Q1 24 | $4.8B | $4.0B |
| Q4 25 | $16.2B | $8.4B | ||
| Q3 25 | $17.6B | $7.9B | ||
| Q2 25 | $16.3B | $7.6B | ||
| Q1 25 | $15.5B | $7.6B | ||
| Q4 24 | $14.9B | $7.7B | ||
| Q3 24 | $16.6B | $7.4B | ||
| Q2 24 | $15.2B | $7.2B | ||
| Q1 24 | $14.7B | $7.3B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $369.3M | $28.3M |
| Free Cash FlowOCF − Capex | $324.5M | $5.0M |
| FCF MarginFCF / Revenue | 15.8% | 0.4% |
| Capex IntensityCapex / Revenue | 2.2% | 1.9% |
| Cash ConversionOCF / Net Profit | 1.74× | 0.26× |
| TTM Free Cash FlowTrailing 4 quarters | $762.5M | $275.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $369.3M | $28.3M | ||
| Q3 25 | $272.5M | $178.1M | ||
| Q2 25 | $361.8M | $94.8M | ||
| Q1 25 | $-52.8M | $46.0M | ||
| Q4 24 | $324.6M | $116.3M | ||
| Q3 24 | $236.9M | $237.6M | ||
| Q2 24 | $266.7M | $52.0M | ||
| Q1 24 | $69.3M | $1.1M |
| Q4 25 | $324.5M | $5.0M | ||
| Q3 25 | $223.1M | $161.8M | ||
| Q2 25 | $309.4M | $78.0M | ||
| Q1 25 | $-94.5M | $30.5M | ||
| Q4 24 | $266.2M | $91.1M | ||
| Q3 24 | $185.4M | $219.4M | ||
| Q2 24 | $210.0M | $33.7M | ||
| Q1 24 | $17.6M | $-20.2M |
| Q4 25 | 15.8% | 0.4% | ||
| Q3 25 | 11.3% | 12.6% | ||
| Q2 25 | 16.8% | 6.4% | ||
| Q1 25 | -6.0% | 2.6% | ||
| Q4 24 | 15.8% | 7.3% | ||
| Q3 24 | 13.2% | 18.2% | ||
| Q2 24 | 13.0% | 2.8% | ||
| Q1 24 | 1.2% | -1.8% |
| Q4 25 | 2.2% | 1.9% | ||
| Q3 25 | 2.5% | 1.3% | ||
| Q2 25 | 2.8% | 1.4% | ||
| Q1 25 | 2.6% | 1.3% | ||
| Q4 24 | 3.5% | 2.0% | ||
| Q3 24 | 3.7% | 1.5% | ||
| Q2 24 | 3.5% | 1.5% | ||
| Q1 24 | 3.6% | 1.8% |
| Q4 25 | 1.74× | 0.26× | ||
| Q3 25 | 1.44× | 1.45× | ||
| Q2 25 | 2.48× | 2.58× | ||
| Q1 25 | -0.71× | 1.93× | ||
| Q4 24 | 4.48× | 0.21× | ||
| Q3 24 | — | 3.28× | ||
| Q2 24 | 2.30× | — | ||
| Q1 24 | 1.48× | 0.01× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FAF
| Title Insurance And Services | $1.9B | 94% |
| Home Warranty | $110.3M | 5% |
GHC
| Products | $602.7M | 48% |
| Kaplan International | $251.9M | 20% |
| Manufacturing | $117.8M | 9% |
| Television Broadcasting | $110.5M | 9% |
| Higher Education | $83.8M | 7% |
| Supplemental Education | $74.9M | 6% |
| Related Party | $4.4M | 0% |
