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Friday 6 November 2026 Export FNF’s income statement to Excel — free account

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
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Fidelity National Financial, Inc. (FNF) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Fidelity National Financial, Inc. (FNF) trades at a P/B ratio of 1.3×. Over the past ten years it has ranged from 0.7× (January 2015) to 3.1× (January 2018); the current reading is higher than 14% of that period. That is above the Insurance Specialty industry median of 1.2× and in line with the Financial sector median of 1.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.6× (4.54%)
FY2024 1.7× (0.62%)
FY2023 1.7× 9.29%
FY2022 1.6× 3.66%
FY2021 1.5× 18.85%
FY2020 1.3× (42.67%)
FY2019 2.3× 24.44%
FY2018 1.8× (35.90%)
FY2017 2.8× 134.91%
FY2016 1.2× (7.60%)

Quarterly newest first

Period P/B ratio Change
Jun 2026 1.4× (0.10%)
Mar 2026 1.4× (13.22%)
Dec 2025 1.6× (5.83%)
Sep 2025 1.8× 4.56%
42 more quarters

Against its own ten years

Low 0.7× High 3.1×
Ten-year median 1.6×
Current reading's percentile 13

P/B ratio against peers

Company P/B ratio
AGO Assured Guaranty Ltd. compare 0.6×
RDN Radian Group Inc. compare 1.0×
ESNT Essent Group Ltd. compare 1.1×
MTG MGIC Investment Corporation compare 1.2×
NMIH NMI Holdings Inc compare 1.2×
ACT Enact Holdings, Inc. compare 1.3×
FAF First American Financial Corporation compare 1.3×
FNF Fidelity National Financial, Inc. 1.3×
AXS Axis Capital Holdings Limited compare 1.4×
Insurance Specialty industry median 1.2×
Financial sector median 1.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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