Fidelity National Financial, Inc. (FNF)

FNF Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	5,642	5,153	4,592	6,834	8,553	6,298
Total Interest & Dividend Income	2,911	2,798	2,376	1,781	1,372	824
Gain (Loss) on Sale of Investments	-135	66	-158	-937	-329	333
Other Revenue	5,642	5,697	4,978	3,928	6,051	3,360
Total Revenue	14,060	13,714	11,788	11,606	15,647	10,815
Revenue Growth (YoY)	3.92%	16.34%	1.57%	-25.83%	44.68%	27.58%
Policy Benefits	3,879	4,023	3,760	1,434	2,317	1,149
Policy Acquisition & Underwriting Costs	2,478	2,287	2,008	3,064	3,821	2,749
Depreciation & Amortization	817	739	593	491	432	296
Selling, General & Administrative	232	216	197	191	181	189
Other Operating Expenses	1,517	1,457	1,420	1,620	1,782	1,646
Total Operating Expenses	12,193	11,788	10,826	9,943	12,019	8,941
Operating Income	1,867	1,926	962	1,663	3,628	1,874
Interest Expense	-238	-209	-174	-115	-114	-90
Earnings From Equity Investments	48	16	17	15	64	15
Other Non Operating Income (Expenses)	-43	25	-95	182	44	-
EBT Excluding Unusual Items	1,634	1,758	710	1,745	3,622	1,799
Pretax Income	1,634	1,758	710	1,745	3,622	1,799
Income Tax Expense	361	367	192	439	813	322
Earnings From Continuing Ops.	1,273	1,391	518	1,306	2,809	1,477
Earnings From Discontinued Ops.	-	-	-	-	8	-25
Net Income to Company	1,273	1,391	518	1,306	2,817	1,452
Minority Interest in Earnings	-104	-121	-1	-12	-20	-25
Net Income	1,169	1,270	517	1,294	2,797	1,427
Net Income to Common	1,169	1,270	517	1,294	2,797	1,427
Net Income Growth	55.66%	145.65%	-60.05%	-53.74%	96.01%	34.37%
Shares Outstanding (Basic)	271	271	270	275	285	284
Shares Outstanding (Diluted)	272	273	271	277	287	286
Shares Change (YoY)	-0.09%	0.74%	-2.17%	-3.48%	0.35%	3.25%
EPS (Basic)	4.31	4.69	1.91	4.71	9.81	5.02
EPS (Diluted)	4.29	4.65	1.91	4.67	9.75	4.99
EPS Growth	55.69%	143.46%	-59.10%	-52.09%	95.25%	30.35%
Free Cash Flow	5,674	6,669	6,346	4,217	3,959	1,468
Free Cash Flow Per Share	20.84	24.43	23.42	15.22	13.79	5.13
Dividend Per Share	2.000	1.940	1.830	1.770	1.560	1.350
Dividend Growth	4.17%	6.01%	3.39%	13.46%	15.56%	7.14%
Operating Margin	13.28%	14.04%	8.16%	14.33%	23.19%	17.33%
Profit Margin	8.31%	9.26%	4.39%	11.15%	17.88%	13.20%
Free Cash Flow Margin	40.36%	48.63%	53.83%	36.34%	25.30%	13.57%
EBITDA	2,622	2,665	1,555	2,154	4,060	2,170
EBITDA Margin	18.65%	19.43%	13.19%	18.56%	25.95%	20.06%
D&A For EBITDA	755	739	593	491	432	296
EBIT	1,867	1,926	962	1,663	3,628	1,874
EBIT Margin	13.28%	14.04%	8.16%	14.33%	23.19%	17.33%
Effective Tax Rate	22.09%	20.88%	27.04%	25.16%	22.45%	17.90%
Revenue as Reported	14,015	13,681	11,752	11,565	15,655	10,778

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q