• First American Financial average ebitda margin for 2023 was 10.2%, a 30.47% decline from 2022.
• First American Financial average ebitda margin for 2022 was 14.67%, a 31.32% decline from 2021.
• First American Financial average ebitda margin for 2021 was 21.36%, a 19.2% decline from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.