Friday 6 November 2026
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Fidelity National Financial, Inc.
FNF Financial Insurance Specialty
Fidelity National Financial, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $14.4 billion, up 5.58% from fiscal 2024.
- Revenue
- +11.4%
- EPS
- +9.80%
- Free cash flow
- −1.24%
- Total debt
- −0.43%
Quarter to June 2026, against a year earlier
43.83
0.94
+2.19%
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| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
25.68 | 12.05 | 25.94 | 8.13 | 5.18 | 7.72 | 11.40 | 13.34 | 15.38 | 10.26 |
Piotroski F-Score |
6 | 7 | 5 | 6 | 6 | 3 | 9 | 8 | 8 | 8 |
P/S ratio |
1.02 | 1.08 | 1.10 | 0.90 | 0.93 | 1.01 | 1.43 | 1.10 | 1.65 | 1.14 |
P/FCF ratio |
2.60 | 2.21 | 2.04 | 2.48 | 3.66 | 7.38 | 11.74 | 9.51 | 21.30 | 9.44 |
P/Operating CF |
9.82 | 9.86 | 5.73 | 7.58 | 9.74 | 17.67 | 28.69 | 30.79 | 72.47 | 19.88 |
P/B ratio |
1.65 | 1.73 | 1.74 | 1.59 | 1.53 | 1.29 | 2.25 | 1.81 | 2.82 | 1.20 |
Price to Tangible BV |
0.00 | 0.00 | 0.00 | 0.00 | 7.40 | 8.81 | 6.67 | 8.51 | 17.89 | 2.46 |
EV/Sales |
1.15 | 1.13 | 1.19 | 0.98 | 0.83 | 0.99 | 1.34 | 1.03 | 1.58 | 1.09 |
EV/EBITDA |
6.67 | 5.77 | 9.61 | 4.86 | 3.18 | 4.89 | 7.13 | 8.03 | 9.28 | 5.47 |
EV/Operating CF |
2.84 | 2.28 | 2.17 | 2.61 | 3.19 | 6.73 | 10.14 | 8.30 | 16.39 | 6.83 |
EV/FCF |
2.91 | 2.33 | 2.21 | 2.69 | 3.29 | 7.23 | 11.05 | 8.89 | 20.40 | 9.03 |
Quick Ratio |
0.22 | 0.21 | 0.18 | 0.15 | 0.19 | 0.17 | 0.66 | 0.64 | 0.58 | 0.57 |
Current Ratio |
0.22 | 0.21 | 0.18 | 0.15 | 0.19 | 0.17 | 0.66 | 0.64 | 0.58 | 0.57 |
Net Debt/EBITDA |
0.71 | 0.31 | 0.77 | 0.41 | (0.31) | (0.03) | (0.34) | (0.43) | (0.27) | (0.04) |
Debt/Assets |
4.04% | 4.54% | 4.82% | 4.97% | 5.10% | 5.28% | 7.85% | 8.99% | 8.29% | 6.80% |
Debt/Equity |
0.49 | 0.51 | 0.52 | 0.49 | 0.33 | 0.32 | 0.16 | 0.18 | 0.17 | 0.14 |
Asset Turnover |
0.14 | 0.16 | 0.16 | 0.18 | 0.28 | 0.35 | 0.85 | 0.82 | 0.65 | 0.51 |
Operating CF/Net income |
9.68 | 5.37 | 12.53 | 3.37 | 1.46 | 1.11 | 1.06 | 1.50 | 0.96 | 1.79 |
Capex/Depreciation |
(0.17) | (0.20) | (0.22) | (0.28) | (0.30) | (0.37) | (0.52) | (0.34) | (0.37) | (0.66) |
Interest Coverage |
6.77 | 9.33 | 4.98 | 16.04 | 32.21 | 20.82 | 30.13 | 18.44 | 19.00 | 15.92 |
| 6.88% | 15.88% | 7.37% | 16.15% | 31.34% | 20.75% | 21.25% | 13.81% | 13.57% | 9.64% | |
| 0.59% | 1.44% | 0.71% | 2.06% | 5.03% | 4.67% | 10.63% | 6.81% | 6.51% | 4.57% | |
ROIC |
8.13% | 11.61% | 5.05% | 14.38% | 27.14% | 13.38% | 17.73% | 11.14% | 13.12% | 8.73% |
Return on Tangible Assets |
(0.82%) | (1.99%) | (0.93%) | (2.84%) | (7.42%) | (4.60%) | (150.64%) | (88.08%) | (93.45%) | (75.85%) |
Average Days of Receivables |
455.44 | 369.54 | 292.54 | 185.74 | 100.14 | 123.54 | 14.91 | 14.90 | 15.10 | 16.20 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
23.79% | 23.01% | 24.74% | 27.60% | 22.54% | 27.38% | 31.83% | 33.42% | 32.10% | 31.35% |
Intangible Assets out of Total Assets |
0.11 | 0.12 | 0.12 | 0.14 | 0.12 | 0.14 | 0.33 | 0.39 | 0.41 | 0.24 |
Share Based Compensation of Revenue |
0.61% | 0.60% | 0.51% | 0.42% | 0.27% | 0.36% | 0.45% | 0.41% | 0.57% | 0.80% |
Graham Net Nets |
(5.37) | (4.71) | (4.70) | (4.83) | (2.93) | (3.30) | (0.30) | (0.37) | (0.26) | (0.75) |
Graham Number |
39.79 | 56.54 | 33.93 | 48.33 | 82.63 | 55.26 | 39.94 | 28.56 | 26.05 | 31.86 |
Earnings Yield |
3.89% | 8.30% | 3.86% | 12.30% | 19.32% | 12.95% | 8.77% | 7.50% | 6.50% | 9.75% |
Free Cash Flow Yield |
38.40% | 45.25% | 48.95% | 40.37% | 27.29% | 13.55% | 8.52% | 10.52% | 4.69% | 10.59% |
Revenue per Share |
53.30 | 50.48 | 43.53 | 40.55 | 52.97 | 36.60 | 29.92 | 26.82 | 21.99 | 20.64 |
Operating CF per Share |
21.51 | 25.15 | 23.99 | 15.27 | 13.84 | 5.36 | 3.96 | 3.33 | 2.12 | 3.31 |
Capex per Share |
(0.54) | (0.54) | (0.49) | (0.48) | (0.44) | (0.37) | (0.32) | (0.22) | (0.42) | (0.81) |
Free Cash Flow per Share |
20.96 | 24.61 | 23.50 | 14.79 | 13.40 | 4.98 | 3.63 | 3.11 | 1.70 | 2.50 |
Cash per Share |
9.73 | 12.84 | 10.25 | 8.02 | 14.75 | 9.23 | 4.86 | 4.44 | 3.19 | 2.98 |
Shareholders Equity per Share |
33.11 | 31.48 | 27.63 | 23.04 | 32.00 | 28.50 | 18.95 | 16.35 | 12.82 | 19.62 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
33.11 | 31.48 | 27.63 | 23.04 | 32.00 | 28.50 | 18.95 | 16.35 | 12.82 | 19.62 |
Free Cash Flow |
5,681.00 | 6,669.00 | 6,346.00 | 4,217.00 | 3,959.00 | 1,468.00 | 1,029.00 | 881.00 | 592.00 | 878.00 |
Working Capital |
(73,443.00) | (64,092.00) | (55,927.00) | (45,814.00) | (37,857.00) | (31,192.00) | (881.00) | (877.00) | (1,018.00) | (1,049.00) |
Capital Expenditures |
(147.00) | (146.00) | (132.00) | (138.00) | (131.00) | (110.00) | (92.00) | (62.00) | (145.00) | (284.00) |
Net Current Asset Value |
(79,382.00) | (69,401.00) | (60,968.00) | (50,403.00) | (42,578.00) | (35,696.00) | (3,590.00) | (3,106.00) | (3,257.00) | (6,252.00) |
EV/EBIT |
10.10 | 7.95 | 16.18 | 6.15 | 3.55 | 5.67 | 8.03 | 9.88 | 13.24 | 7.78 |
Capex to Sales |
0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.04 |
Price to Operating Income |
10.59 | 8.46 | 18.71 | 6.04 | 4.08 | 6.07 | 8.82 | 11.17 | 14.59 | 8.68 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
4.47 | 4.27 | 3.53 | 2.74 | 2.34 | 1.64 | 1.01 | 1.11 | 2.02 | 2.24 |
Cash ROIC |
35.49% | 40.83% | 44.96% | 34.87% | 23.41% | 10.66% | 13.58% | 13.11% | 9.34% | 9.83% |
Accounts Receivable Turnover |
0.91 | 1.18 | 1.54 | 2.27 | 3.94 | 5.40 | 25.82 | 24.22 | 23.98 | 17.66 |
Accounts Payable Turnover |
0.41 | 0.46 | 0.51 | 0.45 | 0.66 | 0.68 | 0.89 | 0.84 | 0.86 | 0.76 |
Inventory Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
967.89 | 856.35 | 802.86 | 822.25 | 590.74 | 811.28 | 420.77 | 433.25 | 427.20 | 442.09 |
Days of Inventory on Hand |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Receivables |
15,937.50 | 11,635.00 | 7,652.00 | 5,090.00 | 3,971.50 | 1,997.00 | 328.00 | 313.50 | 319.50 | 411.00 |
Average Payables |
15,723.00 | 13,246.00 | 10,835.50 | 9,375.00 | 8,673.00 | 5,319.00 | 2,523.50 | 2,444.50 | 2,432.50 | 2,643.00 |
Average Assets |
102,138.50 | 87,938.50 | 72,878.50 | 62,916.50 | 55,572.50 | 30,566.00 | 9,989.00 | 9,226.00 | 11,836.00 | 14,226.00 |
Average Common Equity |
8,752.00 | 7,996.00 | 7,014.50 | 8,013.00 | 8,924.50 | 6,878.50 | 4,996.50 | 4,547.50 | 5,682.50 | 6,743.00 |
Columns are period end dates · fundamentals updated 6 Nov 2026