Fidelity National Financial, Inc. (FNF)
NYSE: FNF · Real-Time Price · USD
45.78
-1.50 (-3.17%)
At close: Sep 4, 2026, 4:00 PM EDT
45.65
-0.13 (-0.28%)
After-hours: Sep 4, 2026, 7:53 PM EDT
FNF Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 772 | 602 | 1,270 | 517 | 1,294 | 2,797 |
Depreciation & Amortization | 273 | 268 | 244 | 216 | 198 | 432 |
Other Amortization | 609 | 576 | 495 | 377 | 293 | - |
Gain (Loss) on Sale of Assets | -14 | - | - | - | - | 14 |
Gain (Loss) on Sale of Investments | 228 | 215 | -341 | 542 | 530 | -588 |
Stock-Based Compensation | 93 | 88 | 82 | 60 | 49 | 42 |
Change in Accounts Receivable | -89 | -14 | -43 | 37 | 178 | -120 |
Reinsurance Recoverable | 19 | -1 | -13 | 78 | 276 | 59 |
Change in Income Taxes | 641 | 481 | 83 | -50 | 66 | 140 |
Change in Insurance Reserves / Liabilities | 1,477 | 1,698 | 1,796 | 1,285 | 998 | 887 |
Change in Other Net Operating Assets | -367 | -88 | -294 | -26 | -385 | 199 |
Other Operating Activities | -1,522 | -1,435 | -372 | -49 | -1,337 | -664 |
Operating Cash Flow | 5,563 | 5,828 | 6,815 | 6,478 | 4,355 | 4,090 |
Operating Cash Flow Growth | -19.05% | -14.48% | 5.20% | 48.75% | 6.48% | 159.19% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -135 | -147 | -146 | -132 | -138 | -131 |
Cash Acquisitions | -62 | -62 | -586 | -299 | -180 | -100 |
Investment in Securities | -5,403 | -8,714 | -7,137 | -8,643 | -10,121 | -7,207 |
Other Investing Activities | -25 | -11 | 7 | -16 | -85 | -11 |
Investing Cash Flow | -5,582 | -8,934 | -7,862 | -9,090 | -10,524 | -7,449 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 385 | 1,068 | 851 | 550 | 449 |
Total Debt Repaid | - | - | -365 | -185 | - | - |
Net Debt Issued (Repaid) | - | 385 | 703 | 666 | 550 | 449 |
Issuance of Common Stock | 4 | 121 | 21 | 15 | 39 | 48 |
Repurchases of Common Stock | -361 | -278 | -34 | -41 | -568 | -480 |
Common Dividends Paid | -553 | -546 | -532 | -500 | -489 | -446 |
Other Financing Activities | 64 | -231 | -536 | -209 | -517 | 194 |
Financing Cash Flow | 329 | 2,263 | 1,759 | 3,093 | 4,095 | 5,000 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | 310 | -843 | 712 | 481 | -2,074 | 1,641 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 5,428 | 5,681 | 6,669 | 6,346 | 4,217 | 3,959 |
Free Cash Flow Growth | -19.31% | -14.82% | 5.09% | 50.49% | 6.52% | 169.69% |
Free Cash Flow Margin | 35.36% | 39.17% | 48.63% | 53.83% | 36.34% | 25.30% |
Free Cash Flow Per Share | 20.14 | 20.89 | 24.43 | 23.42 | 15.22 | 13.79 |
Levered Free Cash Flow | 3,589 | 2,048 | 1,504 | 2,621 | -764.5 | 3,363 |
Unlevered Free Cash Flow | 3,741 | 2,199 | 1,635 | 2,729 | -692.63 | 3,435 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 231 | 229 | 200 | 157 | 125 | 112 |
Cash Income Tax Paid | 211 | 250 | 237 | 216 | 387 | 653 |
Change in Working Capital | 4,975 | 5,353 | 5,324 | 4,710 | 3,189 | 2,015 |