Fidelity National Financial (FNF) Tax Rate (2009 - 2026)
Fidelity National Financial's (FNF) quarterly Tax Rate came in at 35.14% in Q1 2026, up 901.0% year-on-year from 3.51% in Q1 2025, and down 70.43% quarter-over-quarter from 118.85% in Q4 2025.
Fidelity National Financial (FNF) Tax Rate (2009 - 2026) Analysis & Trends
Fidelity National Financial's Tax Rate history runs 18 years deep, the most recent figure standing at 35.14% for Q1 2026.
- On a quarterly basis, Tax Rate rose 901.0% year-over-year to 35.14% in Q1 2026; TTM through Mar 2026 was 50.39%, a 2851.0% increase from a year earlier, with the FY2025 full-year figure at 53.9%, up 3283.0% from the prior year.
- Tax Rate fell to 35.14% in Q1 2026 per FNF's latest filing, from 118.85% in the prior quarter.
- Across five years, Tax Rate topped out at 118.85% in Q4 2025 and bottomed at 18.92% in Q1 2023.
- The 5-year median for Tax Rate is 26.13% (2025), against an average of 32.0%.
- Across the five-year window, Tax Rate tumbled 6012 bps in 2023 and soared 9635 bps in 2025, its largest moves.
- Year by year, Tax Rate stood at 91.67% in 2022, then slumped by 66 bps to 31.55% in 2023, then declined by 29 bps to 22.5% in 2024, then soared by 428 bps to 118.85% in 2025, then tumbled by 70 bps to 35.14% in 2026.
- Per Business Quant, the three latest FNF Tax Rate figures stand at 35.14% (Q1 2026), 118.85% (Q4 2025), and 19.87% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 13.08 Bn | 10.42 Bn | 3.16 Bn | 35.14% |
| 2 | Axis Capital Holdings | 8.50 Bn | 7.97 Bn | 613.18 Mn | 18.11% |
| 3 | First American Financial | 7.10 Bn | 4.22 Bn | 1.77 Bn | 22.82% |
| 4 | Enact Holdings | 6.51 Bn | 5.96 Bn | 205.69 Mn | 21.37% |
| 5 | Mgic Investment | 6.26 Bn | 6.23 Bn | 263.84 Mn | 20.08% |
| 6 | Essent | 6.05 Bn | 6.05 Bn | 211.88 Mn | 16.89% |
| 7 | Radian | 5.96 Bn | 5.91 Bn | 304.36 Mn | 25.45% |
| 8 | Assured Guaranty | 3.78 Bn | 3.28 Bn | 65.00 Mn | -30.77% |
| 9 | NMI Holdings | 3.17 Bn | 3.10 Bn | 134.15 Mn | 20.50% |
| 10 | Employers Holdings | 957.12 Mn | 620.72 Mn | 51.80 Mn | 20.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 35.14% |
| Mar 31, 2026 | 35.14% |
| Mar 31, 2026 | 35.14% |
| Dec 31, 2025 | 118.85% |
| Dec 31, 2025 | 118.85% |
| Dec 31, 2025 | 118.85% |
| Sep 30, 2025 | 19.87% |
| Sep 30, 2025 | 19.87% |
| Sep 30, 2025 | 19.87% |
| Jun 30, 2025 | 25.65% |
| Jun 30, 2025 | 25.65% |
| Jun 30, 2025 | 25.65% |
| Mar 31, 2025 | 26.13% |
| Mar 31, 2025 | 26.13% |
| Mar 31, 2025 | 26.13% |
| Dec 31, 2024 | 22.50% |
| Dec 31, 2024 | 22.50% |
| Dec 31, 2024 | 22.50% |
| Sep 30, 2024 | 14.06% |
| Sep 30, 2024 | 14.06% |