Fidelity National Financial (FNF) FCF Margin (2009 - 2026)
Fidelity National Financial's (FNF) quarterly FCF Margin came in at 26.29% in Q1 2026, down 1322.0% year-on-year from 2.15% in Q1 2025, and down 27.66% quarter-over-quarter from 36.34% in Q4 2025.
Fidelity National Financial (FNF) FCF Margin (2009 - 2026) Analysis & Trends
Fidelity National Financial's FCF Margin history runs 18 years deep, the most recent figure standing at 26.29% for Q1 2026.
- On a quarterly basis, FCF Margin fell 1322.0% year-over-year to 26.29% in Q1 2026; TTM through Mar 2026 was 36.48%, a 1074.0% decrease from a year earlier, with the FY2025 full-year figure at 39.33%, down 942.0% from the prior year.
- FCF Margin fell to 26.29% in Q1 2026 per FNF's latest filing, from 36.34% in the prior quarter.
- Across five years, FCF Margin topped out at 65.03% in Q4 2023 and bottomed at 19.7% in Q1 2022.
- The 5-year median for FCF Margin is 41.86% (2024), against an average of 43.54%.
- Across the five-year window, FCF Margin soared 3624 bps in 2023 and slumped 3297 bps in 2025, its largest moves.
- Year by year, FCF Margin stood at 52.68% in 2022, then climbed by 23 bps to 65.03% in 2023, then plunged by 38 bps to 40.46% in 2024, then declined by 10 bps to 36.34% in 2025, then dropped by 28 bps to 26.29% in 2026.
- Per Business Quant, the three latest FNF FCF Margin figures stand at 26.29% (Q1 2026), 36.34% (Q4 2025), and 31.59% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 13.08 Bn | 10.42 Bn | 3.16 Bn | 26.29% |
| 2 | Axis Capital Holdings | 8.50 Bn | 7.97 Bn | 613.18 Mn | 34.11% |
| 3 | First American Financial | 7.10 Bn | 4.22 Bn | 1.77 Bn | 14.99% |
| 4 | Enact Holdings | 6.51 Bn | 5.96 Bn | 205.69 Mn | 92.25% |
| 5 | Mgic Investment | 6.26 Bn | 6.23 Bn | 263.84 Mn | 25.82% |
| 6 | Essent | 6.05 Bn | 6.05 Bn | 211.88 Mn | 73.52% |
| 7 | Radian | 5.96 Bn | 5.91 Bn | 304.36 Mn | 36.03% |
| 8 | Assured Guaranty | 3.78 Bn | 3.28 Bn | 65.00 Mn | 231.71% |
| 9 | NMI Holdings | 3.17 Bn | 3.10 Bn | 134.15 Mn | 74.28% |
| 10 | Employers Holdings | 957.12 Mn | 620.72 Mn | 51.80 Mn | 0.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.29% |
| Dec 31, 2025 | 36.34% |
| Sep 30, 2025 | 31.59% |
| Jun 30, 2025 | 51.11% |
| Mar 31, 2025 | 39.50% |
| Dec 31, 2024 | 40.46% |
| Sep 30, 2024 | 64.56% |
| Jun 30, 2024 | 41.86% |
| Mar 31, 2024 | 47.17% |
| Dec 31, 2023 | 65.03% |
| Sep 30, 2023 | 37.58% |
| Jun 30, 2023 | 54.95% |
| Mar 31, 2023 | 55.94% |
| Dec 31, 2022 | 52.68% |
| Sep 30, 2022 | 45.29% |
| Jun 30, 2022 | 30.13% |
| Mar 31, 2022 | 19.70% |
| Dec 31, 2021 | 30.19% |
| Sep 30, 2021 | 26.85% |
| Jun 30, 2021 | 21.25% |