Fidelity National Financial (FNF) Net Margin (2009 - 2026)
Fidelity National Financial (FNF) recorded Net Margin of 7.11% in Q2 2026, down 0.54 percentage points from 7.65% a year earlier and down 0.42 percentage points from the prior quarter.
Fidelity National Financial (FNF) Net Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Fidelity National Financial's Net Margin came in at 5.03% as of Jun 30, 2026, down 2.90 percentage points year-over-year; for FY2025, it came in at 4.17%, down 5.12 percentage points from FY2024.
- Annual Net Margin has a five-year change of -9.07 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at 9.28% in FY2024 (+4.88 pp), 4.40% in FY2023 (-6.79 pp), 11.19% in FY2022 (-6.68 pp) and 17.87% in FY2021 (+4.63 pp).
- Quarterly Net Margin has ranged from -2.89% in Q4 2025 to 20.38% in Q2 2022 over the past five years.
- On a year-over-year basis, Net Margin rose in three of the last eight quarters, with an average year-over-year change of -1.24 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 14.44 percentage points in Q4 2024, against a drop of 19.08 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 7.53% (Q1 2026), -2.89% (Q4 2025) and 8.88% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.69 Bn | -333.79 Bn | 55.86 Bn | 25.21% |
| 2 | Chubb | 127.81 Bn | 79.86 Bn | 9.13 Bn | 18.05% |
| 3 | Progressive | 121.79 Bn | 97.63 Bn | 9.04 Bn | 14.02% |
| 4 | Marsh & Mclennan Companies | 80.80 Bn | 72.54 Bn | - | 17.10% |
| 5 | Travelers Companies | 75.76 Bn | 52.01 Bn | 6.23 Bn | 18.17% |
| 6 | Manulife Financial | 74.06 Bn | 75.27 Bn | - | 10.52% |
| 7 | Metlife | 61.12 Bn | -45.36 Bn | 7.82 Bn | 3.68% |
| 8 | Arthur J. Gallagher | 58.82 Bn | 53.25 Bn | - | 8.09% |
| 9 | Allstate | 57.81 Bn | 19.06 Bn | 8.73 Bn | 17.43% |
| 10 | Fidelity National Financial | 11.01 Bn | -6.03 Bn | 3.97 Bn | 7.11% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.11% |
| Mar 31, 2026 | 7.53% |
| Dec 31, 2025 | -2.89% |
| Sep 30, 2025 | 8.88% |
| Jun 30, 2025 | 7.65% |
| Mar 31, 2025 | 3.04% |
| Dec 31, 2024 | 12.43% |
| Sep 30, 2024 | 7.38% |
| Jun 30, 2024 | 9.69% |
| Mar 31, 2024 | 7.52% |
| Dec 31, 2023 | -2.01% |
| Sep 30, 2023 | 15.33% |
| Jun 30, 2023 | 7.14% |
| Mar 31, 2023 | -2.38% |
| Dec 31, 2022 | -0.20% |
| Sep 30, 2022 | 11.29% |
| Jun 30, 2022 | 20.38% |
| Mar 31, 2022 | 12.63% |
| Dec 31, 2021 | 18.88% |
| Sep 30, 2021 | 18.81% |
Fidelity National Financial Net 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=net-margin&ticker=FNF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=FNF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();