Fidelity National Financial, Inc. (FNF)

Fidelity National Financial, Inc., together with its subsidiaries, provides various insurance products in the United States. It operates through Title, F&G, and Corporate and Other segments. The company offers title insurance, escrow, and other title related services, including trust activities, trustee sales guarantees, recordings and reconveyances, and home warranty products. It also provides technology and transaction services to the real estate and mortgage industries; and mortgage transaction services, including title-related services and facilitation of production and management of mortgage loans. In addition, the company offers annuity and life insurance products, such as deferred and immediate annuities, as well as indexed universal life insurance products; and funding agreements and pension risk transfer (PRT) solutions. Further, it engages in the real estate brokerage business. Fidelity National Financial, Inc. was incorporated in 2005 and is headquartered in Jacksonville, Florida.

Symbol
FNF
Exchange
NYSE
Sector
Financial Services
Industry
Insurance - Specialty
Market cap
$11.22B
52 week range
41.82 - 58.57

Valuation

Share price
$41.85 (close of 2026-09-23)
P/E (TTM)
14.53x
Price to book
1.27x
Price to free cash flow
2.02x
Enterprise value
$12.38B
Book value per share
$32.87

Price performance

PeriodChange
1 day-1.44%
5 days-4.06%
1 month-11.52%
3 months-12.74%
6 months-5.89%
Year to date-23.34%
1 year-26.76%
3 years+4.52%
5 years-1.85%
10 years+69.02%
All time+192.45%

Profitability and growth

Return on equity
6.71%
Return on assets
0.55%
Net margin
28.68%
EBITDA margin
116.29%
Revenue growth
9.10%
Net income growth
-52.60%
Free cash flow growth
-14.48%

Cash flow and balance sheet

Free cash flow yield (TTM)
49.60%
Net debt to EBITDA
0.42x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$2.10B
EBITDA
$2.44B
Net income
$602.00M
Earnings per share
$2.22
Interest expense
$242.00M
Shares outstanding
271.00M

Income statement by year

Period endRevenueNet incomeEPS
2025-12-31$2.10B$602.00M$2.22
2024-12-31$1.92B$1.27B$4.69
2023-12-31$1.86B$517.00M$1.91
2022-12-31$2.23B$1.29B$4.54
2021-12-31$2.82B$2.80B$9.46
2020-12-31$2.40B$1.43B$4.84
2019-12-31$2.12B$1.06B$3.61
2018-12-31$2.22B$628.00M$2.13
2017-12-31$7.66B$771.00M$0.00
2016-12-31$7.26B$650.00M$0.00

Margins and returns by year

Period endNet marginReturn on equity
2025-12-3128.68%6.71%
2024-12-3166.01%14.89%
2023-12-3127.75%6.93%
2022-12-3157.97%19.70%
2021-12-3199.15%27.96%
2020-12-3159.48%16.80%
2019-12-3150.05%19.79%
2018-12-3128.34%13.57%
2017-12-3110.06%17.26%
2016-12-318.96%9.42%

Cash and debt by year

Period endCashDebt
2025-12-31$2.64B$4.40B
2024-12-31$3.48B$4.32B
2023-12-31$2.77B$3.89B
2022-12-31$2.29B$3.24B
2021-12-31$4.36B$3.10B
2020-12-31$2.72B$2.66B
2019-12-31$1.38B$838.00M
2018-12-31$1.26B$836.00M
2017-12-31$1.11B$759.00M
2016-12-31$1.05B$987.00M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$5.83B$88.00M
2024-12-31$6.82B$82.00M
2023-12-31$6.48B$60.00M
2022-12-31$4.36B$49.00M
2021-12-31$4.09B$42.00M
2020-12-31$1.58B$39.00M
2019-12-31$1.12B$38.00M
2018-12-31$943.00M$31.00M
2017-12-31$737.00M$44.00M
2016-12-31$1.16B$58.00M

Dividend history

Most recent payment
2026-09-16
Paid in the last twelve months
$2.08
Payment dateDividend per share
2026-09-16$0.52
2026-06-16$0.52
2026-03-17$0.52
2025-12-17$0.52
2025-09-16$0.48
2025-06-16$0.48
2025-03-17$0.48
2024-12-17$0.48

Investor relations

Next earnings report

Next confirmed report
2026-11-05
Consensus EPS estimate
$1.39

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-05Jun/2026$1.26
2026-05-06--
2026-02-19--
2025-11-06--
2025-08-06--
2025-05-07--
2025-02-20--
2024-11-06--

Filings and sources

Company website
fnf.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

Similar companies

BlackRock, Inc. (BLK) · Blackstone Inc. (BX) · KKR & Co. Inc. (KKR) · Ameriprise Financial Inc (AMP) · Northern Trust Corp (NTRS) · Raymond James Financial Inc (RJF) · Principal Financial Group Inc (PFG) · T. Rowe Price Group Inc (TROW)

All Financial Services companies

Understanding these figures

Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

Explore

Company directory · S&P 500 heatmap · Earnings calendar · Super investor holdings · Congress trades