The First American Corporation
Industry: Property Casualty Insurance
Fortune Rank: 361
First American Corporation has seven reporting segments that fall within two primary business groups, financial services and information technology, including title insurance, specialty insurance and other services. For the 6 months ended 6/30/05, revenues rose 15% to $3.69B. Net income rose 28% to $218.7M. Results reflect an increase in average revenues per order closed, benefited by improved operating margins.
First American Corporation is engaged in the business of providing business information and related products and services. The Company has six reporting segments that fall within two primary business groups, financial services and information technology (IT). The financial services group includes the Company's title insurance and services segment, and its specialty insurance segment. The Company's mortgage information, property information, credit information and screening information segments comprise its IT group. In April 2005, the Company acquired LoanPerformance, a supplier of advanced analytics and information for the U.S. mortgage finance and servicing market.
The First American Corporation
The First American Corporation is a Fortune 500 company. In 2010 The First American Corporation was ranked number 361 on the Fortune 500 list, making it the 361st largest company in the United States when judged by revenue.
The First American Corporation achieved revenue of $5,972.80 million in 2010 and earned a profit of $199.70 million.
The First American Corporation' rank improves
The company ranking improved in 2010, moving up the Fortune 500 list to 361st compared to 398th in 2009. This was based on its 2009 revenue of $6,214 million (a change of -1 million compared to 2010) and profits of $-26 million (a change of $226 million compared to 2009).
Another point of view
To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then The First American Corporation would be ranked 319th rather than 361st due to its profits of $200 in 2010.
The First American Corporation | Revenue* | Profit* | Fortune Ranking |
---|---|---|---|
2010 | 5,973 | 200 | 361 |
2009 | 6,214 | -26 | 398 |
2008 | 8,196 | -3 | 312 |
2007 | 8,499 | 288 | 289 |
2006 | 8,062 | 485 | 284 |
* US$ Million
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Address
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The First American Corporation
1 First American Way
Santa Ana
CA
92707
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The First American Corporation
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Contact Details
- Phone: 714-800-3000
- Fax: 714-541-6372
- Website: www.firstam.com
- Stock Symbol: FAF
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