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Side-by-side financial comparison of First American Financial Corp (FAF) and RENAISSANCERE HOLDINGS LTD (RNR). Click either name above to swap in a different company.
RENAISSANCERE HOLDINGS LTD is the larger business by last-quarter revenue ($2.2B vs $2.0B, roughly 1.1× First American Financial Corp). RENAISSANCERE HOLDINGS LTD runs the higher net margin — 23.5% vs 10.3%, a 13.2% gap on every dollar of revenue. On growth, First American Financial Corp posted the faster year-over-year revenue change (21.6% vs -36.8%). Over the past eight quarters, First American Financial Corp's revenue compounded faster (19.9% CAGR vs -11.9%).
First American Financial Corporation is an American financial services company which provides title insurance and settlement services to the real estate and mortgage industries.
RenaissanceRe Holdings Ltd is a Bermudian provider of reinsurance, insurance and other related business services. The company operates in reinsurance, insurance and ventures.
FAF vs RNR — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.0B | $2.2B |
| Net Profit | $211.9M | $515.8M |
| Gross Margin | — | — |
| Operating Margin | 14.0% | — |
| Net Margin | 10.3% | 23.5% |
| Revenue YoY | 21.6% | -36.8% |
| Net Profit YoY | 192.7% | 72.6% |
| EPS (diluted) | $2.04 | $6.57 |
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.
| Q1 26 | — | $2.2B | ||
| Q4 25 | $2.0B | $3.0B | ||
| Q3 25 | $2.0B | $3.2B | ||
| Q2 25 | $1.8B | $3.2B | ||
| Q1 25 | $1.6B | $3.5B | ||
| Q4 24 | $1.7B | $2.3B | ||
| Q3 24 | $1.4B | $4.0B | ||
| Q2 24 | $1.6B | $2.8B |
| Q1 26 | — | $515.8M | ||
| Q4 25 | $211.9M | $760.5M | ||
| Q3 25 | $189.6M | $916.5M | ||
| Q2 25 | $146.1M | $835.4M | ||
| Q1 25 | $74.2M | $170.0M | ||
| Q4 24 | $72.4M | $-189.7M | ||
| Q3 24 | $-104.0M | $1.2B | ||
| Q2 24 | $116.0M | $503.9M |
| Q1 26 | — | — | ||
| Q4 25 | 14.0% | 42.5% | ||
| Q3 25 | 12.5% | 46.3% | ||
| Q2 25 | 10.6% | 41.8% | ||
| Q1 25 | 6.1% | -2.0% | ||
| Q4 24 | 5.9% | -3.6% | ||
| Q3 24 | -10.3% | 43.7% | ||
| Q2 24 | 9.4% | 25.0% |
| Q1 26 | — | 23.5% | ||
| Q4 25 | 10.3% | 25.6% | ||
| Q3 25 | 9.6% | 28.7% | ||
| Q2 25 | 7.9% | 26.1% | ||
| Q1 25 | 4.7% | 4.9% | ||
| Q4 24 | 4.3% | -8.3% | ||
| Q3 24 | -7.4% | 29.8% | ||
| Q2 24 | 7.2% | 17.8% |
| Q1 26 | — | $6.57 | ||
| Q4 25 | $2.04 | $16.16 | ||
| Q3 25 | $1.84 | $19.40 | ||
| Q2 25 | $1.41 | $17.20 | ||
| Q1 25 | $0.71 | $3.27 | ||
| Q4 24 | $0.70 | $-3.76 | ||
| Q3 24 | $-1.00 | $22.62 | ||
| Q2 24 | $1.11 | $9.41 |
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 | $1.6B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $5.5B | $4.3B |
| Total Assets | $16.2B | $53.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.6B | ||
| Q4 25 | $1.4B | $1.7B | ||
| Q3 25 | $2.9B | $1.7B | ||
| Q2 25 | $2.0B | $1.4B | ||
| Q1 25 | $2.0B | $1.6B | ||
| Q4 24 | $1.7B | $1.7B | ||
| Q3 24 | $3.0B | $1.6B | ||
| Q2 24 | $2.0B | $1.6B |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | — | $2.0B |
| Q1 26 | — | $4.3B | ||
| Q4 25 | $5.5B | $11.6B | ||
| Q3 25 | $5.3B | $11.5B | ||
| Q2 25 | $5.1B | $10.8B | ||
| Q1 25 | $5.0B | $10.3B | ||
| Q4 24 | $4.9B | $10.6B | ||
| Q3 24 | $5.1B | $11.2B | ||
| Q2 24 | $4.8B | $10.2B |
| Q1 26 | — | $53.7B | ||
| Q4 25 | $16.2B | $53.8B | ||
| Q3 25 | $17.6B | $54.5B | ||
| Q2 25 | $16.3B | $54.7B | ||
| Q1 25 | $15.5B | $53.6B | ||
| Q4 24 | $14.9B | $50.7B | ||
| Q3 24 | $16.6B | $52.8B | ||
| Q2 24 | $15.2B | $51.6B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.20× | ||
| Q3 25 | — | 0.19× | ||
| Q2 25 | — | 0.21× | ||
| Q1 25 | — | 0.27× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.17× | ||
| Q2 24 | — | 0.19× |
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 | — |
| Free Cash FlowOCF − Capex | $324.5M | — |
| FCF MarginFCF / Revenue | 15.8% | — |
| Capex IntensityCapex / Revenue | 2.2% | — |
| Cash ConversionOCF / Net Profit | 1.74× | — |
| TTM Free Cash FlowTrailing 4 quarters | $762.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $369.3M | $483.0M | ||
| Q3 25 | $272.5M | $1.6B | ||
| Q2 25 | $361.8M | $1.5B | ||
| Q1 25 | $-52.8M | $157.8M | ||
| Q4 24 | $324.6M | $778.9M | ||
| Q3 24 | $236.9M | $1.5B | ||
| Q2 24 | $266.7M | $1.2B |
| Q1 26 | — | — | ||
| Q4 25 | $324.5M | — | ||
| Q3 25 | $223.1M | — | ||
| Q2 25 | $309.4M | — | ||
| Q1 25 | $-94.5M | — | ||
| Q4 24 | $266.2M | — | ||
| Q3 24 | $185.4M | — | ||
| Q2 24 | $210.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | 15.8% | — | ||
| Q3 25 | 11.3% | — | ||
| Q2 25 | 16.8% | — | ||
| Q1 25 | -6.0% | — | ||
| Q4 24 | 15.8% | — | ||
| Q3 24 | 13.2% | — | ||
| Q2 24 | 13.0% | — |
| Q1 26 | — | — | ||
| Q4 25 | 2.2% | — | ||
| Q3 25 | 2.5% | — | ||
| Q2 25 | 2.8% | — | ||
| Q1 25 | 2.6% | — | ||
| Q4 24 | 3.5% | — | ||
| Q3 24 | 3.7% | — | ||
| Q2 24 | 3.5% | — |
| Q1 26 | — | — | ||
| Q4 25 | 1.74× | 0.64× | ||
| Q3 25 | 1.44× | 1.73× | ||
| Q2 25 | 2.48× | 1.76× | ||
| Q1 25 | -0.71× | 0.93× | ||
| Q4 24 | 4.48× | — | ||
| Q3 24 | — | 1.26× | ||
| Q2 24 | 2.30× | 2.41× |
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% |
RNR
Segment breakdown not available.
