Fidelity National Financial (FNF) Operating Margin (2009 - 2026)
Fidelity National Financial (FNF) posted Operating Margin of 20.02% for Q2 2026, down 21.43% on a QoQ basis from 25.48% in Q1 2026, and down 136.0% year-over-year from 55.61% in Q2 2025.
Analysis
Fidelity National Financial (FNF) Operating Margin (2009 - 2026) Analysis & Trends
Fidelity National Financial has reported Operating Margin for 18 years, with the latest figure at 20.02% in Q2 2026.
- On a quarterly basis, Operating Margin fell 136.0% year-over-year to 20.02% in Q2 2026; TTM through Jun 2026 was 21.7%, a 161.0% decrease from a year earlier, with the FY2025 full-year figure at 22.41%, down 43.0% from the prior year.
- Operating Margin was 20.02% for Q2 2026 at Fidelity National Financial, down from 25.48% in the prior quarter.
- The five-year high for Operating Margin was 27.85% in Q1 2025, with the low at 12.82% in Q3 2022.
- Average Operating Margin over 5 years is 21.36%, with a median of 21.32% recorded in 2025.
- The sharpest annual moves came in 2023 and 2025: Operating Margin surged 1187 bps in 2023, then tumbled 342 bps in 2025.
- Over 5 years, Operating Margin stood at 21.08% in 2022, then declined by 4 bps to 20.16% in 2023, then advanced by 12 bps to 22.54% in 2024, then declined by 8 bps to 20.81% in 2025, then declined by 4 bps to 20.02% in 2026.
- The last three Operating Margin figures came in at 20.02% (Q2 2026), 25.48% (Q1 2026), and 20.81% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 11.75 Bn | 7.19 Bn | 3.59 Bn | 20.02% |
| 2 | First American Financial | 7.34 Bn | 4.22 Bn | 1.77 Bn | 8.68% |
| 3 | Stewart Information Services | 2.03 Bn | 1.72 Bn | 658.19 Mn | 1.65% |
| 4 | Investors Title | 567.44 Mn | 495.25 Mn | 81.58 Mn | 16.79% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.02% |
| Mar 31, 2026 | 25.48% |
| Dec 31, 2025 | 20.81% |
| Sep 30, 2025 | 21.27% |
| Jun 30, 2025 | 21.38% |
| Mar 31, 2025 | 27.85% |
| Dec 31, 2024 | 22.54% |
| Sep 30, 2024 | 22.62% |
| Jun 30, 2024 | 24.79% |
| Mar 31, 2024 | 21.52% |
| Dec 31, 2023 | 20.16% |
| Sep 30, 2023 | 24.69% |
| Jun 30, 2023 | 20.14% |
| Mar 31, 2023 | 24.70% |
| Dec 31, 2022 | 21.08% |
| Sep 30, 2022 | 12.82% |
| Jun 30, 2022 | 17.57% |
| Mar 31, 2022 | 15.09% |
| Dec 31, 2021 | 11.17% |
| Sep 30, 2021 | 13.05% |