Fidelity National Financial (FNF) FCF Margin (2009 - 2026)
Fidelity National Financial (FNF) recorded FCF Margin of 45.30% in Q2 2026, down 5.82 percentage points from 51.11% a year earlier but up 19.01 percentage points from the prior quarter.
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Analysis
Fidelity National Financial (FNF) FCF Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Fidelity National Financial's FCF Margin came in at 35.34% as of Jun 30, 2026, down 14.16 percentage points year-over-year; for FY2025, it came in at 39.33%, down 9.42 percentage points from FY2024.
- Annual FCF Margin has a five-year change of +25.71 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 48.75% in FY2024 (-5.25 pp), 54.00% in FY2023 (+17.54 pp), 36.46% in FY2022 (+11.17 pp) and 25.29% in FY2021 (+11.67 pp).
- Quarterly FCF Margin has ranged from 19.70% in Q1 2022 to 65.03% in Q4 2023 over the past five years.
- On a year-over-year basis, FCF Margin has declined for four consecutive quarters, with an average year-over-year change of -6.52 percentage points over the last eight quarters.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 36.24 percentage points in Q1 2023, against a drop of 32.97 percentage points in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 26.29% (Q1 2026), 36.34% (Q4 2025) and 31.59% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,248.67 Bn | -185.49 Bn | 56.71 Bn | 6.39% |
| 2 | Chubb | 141.22 Bn | 92.15 Bn | 8.67 Bn | 37.49% |
| 3 | Progressive | 134.26 Bn | 109.78 Bn | 8.29 Bn | 18.98% |
| 4 | Marsh & Mclennan Companies | 98.32 Bn | 90.72 Bn | - | 20.36% |
| 5 | Travelers Companies | 82.09 Bn | 59.57 Bn | 5.93 Bn | 31.15% |
| 6 | Manulife Financial | 75.36 Bn | -19.02 Bn | - | -2.00% |
| 7 | Arthur J. Gallagher | 72.54 Bn | 67.17 Bn | 3.33 Bn | 32.57% |
| 8 | Aon | 71.33 Bn | 50.56 Bn | - | 26.75% |
| 9 | Allstate | 65.04 Bn | 22.10 Bn | -9.85 Bn | 3,876.04% |
| 10 | Fidelity National Financial | 11.84 Bn | -4.22 Bn | 3.50 Bn | 38.82% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 38.82% |
| Jun 30, 2026 | 45.30% |
| 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% |
API Access
Fidelity National Financial FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=FNF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "FNF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=FNF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();