Fidelity National Financial (FNF) FCF Margin (2009 - 2026)
Fidelity National Financial (FNF) recorded quarterly FCF Margin of 26.29% in Q1 2026, down 27.66% quarter-over-quarter from 36.34% in Q4 2025, and down 1322.0% on a YoY basis from 2.15% in Q1 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.
- In Q1 2026, FCF Margin fell 1322.0% year-over-year to 26.29%; the TTM figure through Mar 2026 stood at 36.48% (down 1074.0% YoY), while the FY2025 annual figure was 39.33%, down 942.0% from the prior year.
- FCF Margin was 26.29% for Q1 2026 at Fidelity National Financial, down from 36.34% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 65.03% in Q4 2023 to a low of 19.7% in Q1 2022.
- Historically, FCF Margin has averaged 43.54% across 5 years, with a median of 41.86% in 2024.
- The sharpest annual moves came in 2023 and 2025: FCF Margin jumped 3624 bps in 2023, then slumped 3297 bps in 2025.
- A 5-year view of FCF Margin shows it stood at 52.68% in 2022, then climbed by 23 bps to 65.03% in 2023, then slumped 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.
- The last three FCF Margin figures came in at 26.29% (Q1 2026), 36.34% (Q4 2025), and 31.59% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.87 Bn | 10.21 Bn | 2.62 Bn | 26.29% |
| 2 | Axis Capital Holdings | 7.52 Bn | 6.65 Bn | - | 34.11% |
| 3 | First American Financial | 6.80 Bn | 3.91 Bn | 1.24 Bn | -1.78% |
| 4 | Enact Holdings | 6.01 Bn | 5.46 Bn | 205.74 Mn | 92.24% |
| 5 | Mgic Investment | 5.57 Bn | 5.32 Bn | 202.12 Mn | 32.60% |
| 6 | Essent | 5.47 Bn | 5.47 Bn | - | 56.90% |
| 7 | Radian | 4.74 Bn | 4.66 Bn | 368.17 Mn | 60.96% |
| 8 | Ryan Specialty Holdings | 4.62 Bn | 5.05 Bn | - | -21.38% |
| 9 | Assured Guaranty | 3.42 Bn | -495.48 Mn | 216.00 Mn | 72.80% |
| 10 | NMI Holdings | 2.82 Bn | 2.75 Bn | 152.85 Mn | 62.67% |
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% |