Fidelity National Financial (FNF) Net Margin (2009 - 2026)
Fidelity National Financial (FNF) recorded quarterly Net Margin of 35.4% in Q1 2026, up 12.18% quarter-over-quarter from 40.31% in Q4 2025, and down 528.0% on a YoY basis from 8.27% in Q1 2025.
Fidelity National Financial (FNF) Net Margin (2009 - 2026) Analysis & Trends
Fidelity National Financial's Net Margin history runs 18 years deep, the most recent figure standing at 35.4% for Q1 2026.
- In Q1 2026, Net Margin fell 528.0% year-over-year to 35.4%; the TTM figure through Mar 2026 stood at 26.9% (down 1139.0% YoY), while the FY2025 annual figure was 6.26%, down 1062.0% from the prior year.
- Net Margin was 35.4% for Q1 2026 at Fidelity National Financial, up from 40.31% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 1.3% in Q3 2023 to a low of 40.31% in Q4 2025.
- Historically, Net Margin has averaged 15.13% across 5 years, with a median of 15.29% in 2025.
- The sharpest annual moves came in 2024 and 2025: Net Margin surged 1165 bps in 2024, then slumped 3252 bps in 2025.
- A 5-year view of Net Margin shows it stood at 17.72% in 2022, then retreated by 10 bps to 19.43% in 2023, then surged by 60 bps to 7.79% in 2024, then plunged by 418 bps to 40.31% in 2025, then advanced by 12 bps to 35.4% in 2026.
- The last three Net Margin figures came in at 35.4% (Q1 2026), 40.31% (Q4 2025), and 15.29% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.87 Bn | 10.21 Bn | 2.62 Bn | -35.40% |
| 2 | Axis Capital Holdings | 7.52 Bn | 6.65 Bn | - | 16.70% |
| 3 | First American Financial | 6.80 Bn | 3.91 Bn | 1.24 Bn | 6.79% |
| 4 | Enact Holdings | 6.01 Bn | 5.46 Bn | 205.74 Mn | 69.07% |
| 5 | Mgic Investment | 5.57 Bn | 5.32 Bn | 202.12 Mn | 70.23% |
| 6 | Essent | 5.47 Bn | 5.47 Bn | - | 51.12% |
| 7 | Radian | 4.74 Bn | 4.66 Bn | 368.17 Mn | -1.15% |
| 8 | Ryan Specialty Holdings | 4.62 Bn | 5.05 Bn | - | 5.19% |
| 9 | Assured Guaranty | 3.42 Bn | -495.48 Mn | 216.00 Mn | 12.26% |
| 10 | NMI Holdings | 2.82 Bn | 2.75 Bn | 152.85 Mn | 54.14% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -35.40% |
| Dec 31, 2025 | -40.31% |
| Sep 30, 2025 | -15.29% |
| Jun 30, 2025 | -17.30% |
| Mar 31, 2025 | -30.12% |
| Dec 31, 2024 | -7.79% |
| Sep 30, 2024 | -15.29% |
| Jun 30, 2024 | -12.00% |
| Mar 31, 2024 | -13.46% |
| Dec 31, 2023 | -19.43% |
| Sep 30, 2023 | 1.30% |
| Jun 30, 2023 | -6.71% |
| Mar 31, 2023 | -21.99% |
| Dec 31, 2022 | -17.72% |
| Sep 30, 2022 | -2.71% |
| Jun 30, 2022 | -1.63% |
| Mar 31, 2022 | -1.29% |
| Dec 31, 2021 | -0.89% |
| Sep 30, 2021 | -1.16% |
| Jun 30, 2021 | -0.93% |