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) Gross margin

Alert me on Gross margin

Fidelity National Financial, Inc.'s gross margin over the twelve months to 30 June 2026 was 55.9%, up 0.8 percentage points from fiscal 2025 (55.1%). Over the past ten years it has ranged from 52.7% (fiscal 2023) to 74.0% (fiscal 2015); the current reading is higher than 18% of that period. That is in line with the Insurance Specialty industry median of 56.2% and below the Financial sector median of 70.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 55.1% (0.44)
FY2024 55.6% 2.89
FY2023 52.7% (11.09)
FY2022 63.8% 0.52
FY2021 63.3% (3.21)
FY2020 66.5% (6.88)
FY2019 73.3% 0.45
FY2018 72.9% 0.15
FY2017 72.7% 0.27
FY2016 72.5% (1.55)

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 53.2% (13.00)
Mar 2026 66.2% 13.32
Dec 2025 52.8% (0.74)
Sep 2025 53.6% (1.12)
42 more quarters

Against its own ten years

Low 52.7% High 74.0%
Ten-year median 66.5%
Current reading's percentile 19

Gross margin against peers

Company Gross margin
FAF First American Financial Corporation compare 100.0%
AGO Assured Guaranty Ltd. compare 99.0%
NMIH NMI Holdings Inc compare 89.9%
MTG MGIC Investment Corporation compare 76.6%
RDN Radian Group Inc. compare 69.2%
ESNT Essent Group Ltd. compare 64.5%
FNF Fidelity National Financial, Inc. 55.9%
AXS Axis Capital Holdings Limited compare 28.7%
ACT Enact Holdings, Inc. compare 0.00%
Insurance Specialty industry median 56.2%
Financial sector median 70.1%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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