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

42.97 0.31 −0.72%
Market cap
$11.5B
P/E
15.2×
Fwd P/E
9.3×
Dividend yield
4.80%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Fidelity National Financial, Inc. (FNF) Free cash flow margin

Alert me on Free cash flow margin

Fidelity National Financial, Inc.'s free cash flow margin over the twelve months to 30 June 2026 was 35.3%, down 4.0 percentage points from fiscal 2025 (39.3%). Over the past ten years it has ranged from 7.73% (fiscal 2017) to 54.0% (fiscal 2023); the current reading is higher than 82% of that period. That is in line with the Insurance Specialty industry median of 34.5% and above the Financial sector median of 11.4%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 39.3% (9.42)
FY2024 48.8% (5.25)
FY2023 54.0% 17.54
FY2022 36.5% 11.17
FY2021 25.3% 11.67
FY2020 13.6% 1.47
FY2019 12.2% 0.55
FY2018 11.6% 3.87
FY2017 7.73% (4.37)
FY2016 12.1% 1.42

Against its own ten years

Low 7.73% High 54.0%
Ten-year median 13.6%
Current reading's percentile 82

Free cash flow margin against peers

Company Free cash flow margin
RDN Radian Group Inc. compare 84.5%
ESNT Essent Group Ltd. compare 62.4%
NMIH NMI Holdings Inc compare 60.4%
MTG MGIC Investment Corporation compare 59.5%
ACT Enact Holdings, Inc. compare 56.8%
AXS Axis Capital Holdings Limited compare 37.6%
FNF Fidelity National Financial, Inc. 35.3%
AGO Assured Guaranty Ltd. compare 34.5%
FAF First American Financial Corporation compare 9.96%
Insurance Specialty industry median 34.5%
Financial sector median 11.4%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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