Fidelity National Financial (FNF) Net Margin (2009 - 2026)
Fidelity National Financial's (FNF) quarterly Net Margin came in at 10.01% in Q1 2026, up 701.0% year-on-year from 1.25% in Q1 2025, and up 577.18% quarter-over-quarter from 2.1% in Q4 2025.
Fidelity National Financial (FNF) Net Margin (2009 - 2026) Analysis & Trends
Fidelity National Financial's Net Margin history runs 16 years deep, the most recent figure standing at 10.01% for Q1 2026.
- On a quarterly basis, Net Margin rose 701.0% year-over-year to 10.01% in Q1 2026; TTM through Mar 2026 was 5.92%, a 315.0% decrease from a year earlier, with the FY2025 full-year figure at 4.46%, down 559.0% from the prior year.
- Net Margin improved to 10.01% in Q1 2026 per FNF's latest filing, from 2.1% in the prior quarter.
- Across five years, Net Margin topped out at 16.63% in Q3 2023 and bottomed at 3.56% in Q1 2023.
- The 4-year median for Net Margin is 7.89% (2023), against an average of 6.57%.
- Across the five-year window, Net Margin surged 1705 bps in 2024 and tumbled 1580 bps in 2025, its largest moves.
- Year by year, Net Margin stood at 3.35% in 2023, then surged by 509 bps to 13.7% in 2024, then tumbled by 115 bps to 2.1% in 2025, then jumped by 577 bps to 10.01% in 2026.
- Per Business Quant, the three latest FNF Net Margin figures stand at 10.01% (Q1 2026), 2.1% (Q4 2025), and 9.01% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 13.08 Bn | 10.42 Bn | 3.16 Bn | 10.01% |
| 2 | Axis Capital Holdings | 8.50 Bn | 7.97 Bn | 613.18 Mn | 16.70% |
| 3 | First American Financial | 7.10 Bn | 4.22 Bn | 1.77 Bn | 10.35% |
| 4 | Enact Holdings | 6.51 Bn | 5.96 Bn | 205.69 Mn | 69.08% |
| 5 | Mgic Investment | 6.26 Bn | 6.23 Bn | 263.84 Mn | 55.64% |
| 6 | Essent | 6.05 Bn | 6.05 Bn | 211.88 Mn | 66.05% |
| 7 | Radian | 5.96 Bn | 5.91 Bn | 304.36 Mn | -1.33% |
| 8 | Assured Guaranty | 3.78 Bn | 3.28 Bn | 65.00 Mn | 103.66% |
| 9 | NMI Holdings | 3.17 Bn | 3.10 Bn | 134.15 Mn | 64.16% |
| 10 | Employers Holdings | 957.12 Mn | 620.72 Mn | 51.80 Mn | 5.64% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.01% |
| Dec 31, 2025 | -2.10% |
| Sep 30, 2025 | 9.01% |
| Jun 30, 2025 | 7.81% |
| Mar 31, 2025 | 3.00% |
| Dec 31, 2024 | 13.70% |
| Sep 30, 2024 | 7.47% |
| Jun 30, 2024 | 10.83% |
| Mar 31, 2024 | 8.12% |
| Dec 31, 2023 | -3.35% |
| Sep 30, 2023 | 16.63% |
| Jun 30, 2023 | 7.89% |
| Mar 31, 2023 | -3.56% |
| Sep 30, 2021 | -0.08% |
| Jun 30, 2021 | 0.16% |
| Mar 31, 2021 | 0.16% |
| Dec 31, 2020 | -0.05% |
| Sep 30, 2020 | -0.94% |
| Jun 30, 2020 | 0.21% |
| Mar 31, 2019 | 11.56% |