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
DateValue
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%