First Fixed Asset Turnover from 2010 to 2024

FAF Stock  USD 62.62  0.37  0.59%   
First American's Fixed Asset Turnover is decreasing over the last several years with slightly volatile swings. Fixed Asset Turnover is predicted to flatten to 5.83. During the period from 2010 to 2024 First American Fixed Asset Turnover regressed destribution of quarterly values had coefficient of variationof  24.03 and r-value of (0.78). View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
6.13290428
Current Value
5.83
Quarterly Volatility
2.66337559
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check First American financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First American's main balance sheet or income statement drivers, such as Depreciation And Amortization of 122.5 M, Interest Expense of 139.1 M or Selling General Administrative of 1.8 B, as well as many indicators such as Price To Sales Ratio of 0.62, Dividend Yield of 0.0236 or PTB Ratio of 1.51. First financial statements analysis is a perfect complement when working with First American Valuation or Volatility modules.
  
Check out the analysis of First American Correlation against competitors.
For more detail on how to invest in First Stock please use our How to Invest in First American guide.

Latest First American's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of First American over the last few years. It is First American's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First American's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

First Fixed Asset Turnover Regression Statistics

Arithmetic Mean11.09
Geometric Mean10.72
Coefficient Of Variation24.03
Mean Deviation2.19
Median12.21
Standard Deviation2.66
Sample Variance7.09
Range8.0118
R-Value(0.78)
Mean Square Error2.95
R-Squared0.61
Significance0.0006
Slope(0.47)
Total Sum of Squares99.31

First Fixed Asset Turnover History

2024 5.83
2023 6.13
2022 8.59
2021 12.21
2020 9.97
2019 8.46
2018 12.55

About First American Financial Statements

First American stakeholders use historical fundamental indicators, such as First American's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although First American investors may analyze each financial statement separately, they are all interrelated. For example, changes in First American's assets and liabilities are reflected in the revenues and expenses on First American's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in First American. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 6.13  5.83 

Currently Active Assets on Macroaxis

When determining whether First American is a strong investment it is important to analyze First American's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First American's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:
Check out the analysis of First American Correlation against competitors.
For more detail on how to invest in First Stock please use our How to Invest in First American guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First American. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First American listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.16)
Dividend Share
2.13
Earnings Share
0.88
Revenue Per Share
56.505
Quarterly Revenue Growth
(0.05)
The market value of First American is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First American's value that differs from its market value or its book value, called intrinsic value, which is First American's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First American's market value can be influenced by many factors that don't directly affect First American's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First American's value and its price as these two are different measures arrived at by different means. Investors typically determine if First American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First American's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.