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.

Ticker: FNF
Exchange: NYSE
Sector: Financial Services
Industry: Insurance - Specialty
Market cap: $11.75B
52-week range: $37.88 - $58.41

Valuation

Share price: $43.84 (close of Nov 6, 2026)
P/E (TTM): 11.16x
Price to book: 1.36x
Price to free cash flow: 2.07x
Enterprise value: $13.65B
Book value per share: $32.32

Price performance

Period	Change
1 day	+2.21%
5 days	+8.22%
1 month	+12.18%
3 months	-16.56%
6 months	-14.53%
Year to date	-19.69%
1 year	-16.67%
3 years	+8.76%
5 years	-5.11%
10 years	+93.04%
All time	+206.26%

Short interest

As of: Oct 15, 2026
Short % of float: 5.35%
Shares short: 11.98M
Days to cover: 4.88
Change since prior report: +2.55%
Source: FINRA consolidated short interest

Members of Congress who disclosed FNF trades

August Pfluger

Super investors holding FNF

First Eagle Investment (First Eagle Investment Management, LLC) · Glenn Greenberg (Brave Warrior Advisors, LLC) · Ken Griffin (Citadel) · Third Avenue Management (Third Avenue Management LLC) · Ray Dalio (Bridgewater Associates)

Profitability and growth

Return on equity: 6.71%
Return on assets: 0.55%
Net margin: 4.17%
Revenue growth: 5.58%
Net income growth: -52.60%
Free cash flow growth: -14.48%

Cash flow and balance sheet

Free cash flow yield (TTM): 48.28%
Net debt to EBITDA: 0.57x

Latest reported year

Period end: Dec 31, 2025
Fiscal year: 2025
Revenue: $14.45B
Net income: $602.00M
Earnings per share: $2.22
Interest expense: $242.00M
Shares outstanding: 271.00M

Income statement by year

Period end	Revenue	Net income	EPS
2025-12-31	$14.45B	$602.00M	$2.22
2024-12-31	$13.68B	$1.27B	$4.69
2023-12-31	$11.75B	$517.00M	$1.91
2022-12-31	$11.56B	$1.29B	$4.71
2021-12-31	$15.65B	$2.80B	$9.81
2020-12-31	$10.78B	$1.43B	$5.02
2019-12-31	$8.47B	$1.06B	$3.89
2018-12-31	$7.59B	$628.00M	$2.30
2017-12-31	$7.66B	$771.00M	$0.00
2016-12-31	$7.26B	$650.00M	$0.00

Margins and returns by year

Period end	Net margin	Return on equity
2025-12-31	4.17%	6.71%
2024-12-31	9.28%	14.89%
2023-12-31	4.40%	6.93%
2022-12-31	11.19%	19.70%
2021-12-31	17.87%	27.96%
2020-12-31	13.24%	16.80%
2019-12-31	12.54%	19.79%
2018-12-31	8.27%	13.57%
2017-12-31	10.06%	17.26%
2016-12-31	8.96%	9.42%

Cash and debt by year

Period end	Cash	Debt
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 end	Free cash flow	Stock-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: Sep 16, 2026
Paid in the last twelve months: $2.08

Payment date	Dividend 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	$0.50
2025-06-16	$0.50
2025-03-17	$0.50
2024-12-17	$0.50

Investor relations

Past earnings dates

Reported	Fiscal period	EPS estimate
2026-11-05	Sep 2026	-
2026-08-05	Jun 2026	$1.26
2026-05-06	Mar 2026	$1.09
2026-02-19	Dec 2025	$1.51
2025-11-06	Sep 2025	$1.43
2025-08-06	Jun 2025	$1.40
2025-05-07	Mar 2025	$1.13
2025-02-20	Dec 2024	$1.19

Filings and sources

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

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