Fidelity National Financial (FNF) Invested Capital (2009 - 2026)

Fidelity National Financial (FNF) recorded quarterly Invested Capital of $13.1 billion in Q1 2026, up 10.97% quarter-over-quarter from $11.8 billion in Q4 2025, and down 0.53% on a YoY basis from $13.2 billion in Q1 2025.

Fidelity National Financial (FNF) Invested Capital (2009 - 2026) Analysis & Trends

Fidelity National Financial's Invested Capital history runs 18 years deep, the most recent figure standing at $13.1 billion for Q1 2026.

  • In Q1 2026, Invested Capital fell 0.53% year-over-year to $13.1 billion; the TTM figure through Mar 2026 stood at $13.1 billion (down 0.53% YoY), while the FY2025 annual figure was $11.8 billion, down 8.01% from the prior year.
  • Invested Capital was $13.1 billion for Q1 2026 at Fidelity National Financial, up from $11.8 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $13.2 billion in Q2 2025 to a low of $9.2 billion in Q3 2022.
  • Historically, Invested Capital has averaged $11.6 billion across 5 years, with a median of $11.7 billion in 2024.
  • The sharpest annual moves came in 2022 and 2024: Invested Capital declined 26.15% in 2022, then grew 27.33% in 2024.
  • A 5-year view of Invested Capital shows it stood at $9.8 billion in 2022, then advanced by 15.7% to $11.3 billion in 2023, then gained by 13.27% to $12.9 billion in 2024, then decreased by 8.01% to $11.8 billion in 2025, then gained by 10.97% to $13.1 billion in 2026.
  • The last three Invested Capital figures came in at $13.1 billion (Q1 2026), $11.8 billion (Q4 2025), and $12.8 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Fidelity National Financial 12.87 Bn 10.21 Bn 2.62 Bn 13.12 Bn
2 Axis Capital Holdings 7.52 Bn 6.65 Bn - 6.38 Bn
3 First American Financial 6.80 Bn 3.91 Bn 1.24 Bn 7.06 Bn
4 Enact Holdings 6.01 Bn 5.46 Bn 205.74 Mn 6.09 Bn
5 Mgic Investment 5.57 Bn 5.32 Bn 202.12 Mn 5.04 Bn
6 Essent 5.47 Bn 5.47 Bn - 5.70 Bn
7 Radian 4.74 Bn 4.66 Bn 368.17 Mn 5.58 Bn
8 Ryan Specialty Holdings 4.62 Bn 5.05 Bn - 955.60 Mn
9 Assured Guaranty 3.42 Bn -495.48 Mn 216.00 Mn 7.25 Bn
10 NMI Holdings 2.82 Bn 2.75 Bn 152.85 Mn 2.63 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 13.12 Bn
Dec 31, 2025 11.82 Bn
Sep 30, 2025 12.75 Bn
Jun 30, 2025 13.22 Bn
Mar 31, 2025 13.19 Bn
Dec 31, 2024 12.85 Bn
Sep 30, 2024 13.09 Bn
Jun 30, 2024 12.16 Bn
Mar 31, 2024 11.72 Bn
Dec 31, 2023 11.35 Bn
Sep 30, 2023 10.28 Bn
Jun 30, 2023 10.37 Bn
Mar 31, 2023 10.34 Bn
Dec 31, 2022 9.81 Bn
Sep 30, 2022 9.21 Bn
Jun 30, 2022 10.44 Bn
Mar 31, 2022 11.71 Bn
Dec 31, 2021 13.10 Bn
Sep 30, 2021 12.47 Bn
Jun 30, 2021 11.55 Bn