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Companies / Financials / Fidelity National Financial, Inc.
FNF

Fidelity National Financial, Inc.

FinancialsInsurance
Ticker FNFJACKSONVILLE, FLFiscal year ends DecemberBook value per share $27.81Diluted shares 268.0M

Fidelity National Financial, Inc. (NYSE: FNF) is a leading provider of title insurance, escrow services, and transaction-related solutions to the real estate and mortgage industries, alongside insurance solutions serving retail annuity and life customers. The company operates through three primary reportable segments:… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$14.45B
+5.6% year over year
Last 12 mo $15.36B
0.00%
$679.00M
−51.2% year over year
Last 12 mo $900.00M
8.11%
−8.3 percentage points
Last 12 mo 10.36%
Cash & financing
$5.83B
−14.5% year over year
Last 12 mo $5.56B
$5.68B
−14.8% year over year
Last 12 mo $5.43B
0.69
Was 0.63× a year earlier
Last 12 mo 0.59
272.0M
−0.4% year over year
Last 12 mo 268.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Fidelity National Financial, Inc. does

In the company’s own words

Fidelity National Financial, Inc. (NYSE: FNF) is a leading provider of title insurance, escrow services, and transaction-related solutions to the real estate and mortgage industries, alongside insurance solutions serving retail annuity and life customers. The company operates through three primary reportable segments: Title, F&G, and Corporate and Other.

The Title segment, representing the majority of the company's traditional business, operates through five title insurance underwriters—Fidelity National Title Insurance Company, Chicago Title Insurance Company, Commonwealth Land Title Insurance Company, Alamo Title Insurance, and National Title Insurance of New York—collectively holding approximately 32 percent of the U.S. title insurance market as of the third quarter of 2025. This segment provides title insurance policies, escrow and closing services, trust activities, trustee sales guarantees, recordings, reconveyances, and home warranty products. The company maintains approximately 1,300 direct title offices and relationships with approximately 5,100 independent agents nationwide. Through its ServiceLink Holdings subsidiary, FNF also provides mortgage transaction services including title-related services and facilitation of mortgage loan production and management.

The F&G segment, in which FNF maintains approximately 70 percent ownership following a December 2025 distribution, operates as a separate publicly traded company providing insurance solutions through its subsidiaries Fidelity & Guaranty Life Insurance Company and Fidelity & Guaranty Life Insurance Company of New York. F&G markets deferred annuities including fixed indexed annuities and registered index-linked annuities, fixed rate annuities including multi-year guarantee annuities, immediate annuities, indexed universal life insurance, funding agreements, and pension risk transfer solutions to retail and institutional clients through approximately 26 leading banks and broker dealers and approximately 300 independent marketing organizations representing nearly 187,000 independent agents and financial advisors.

The company's competitive strengths include its established brand portfolio, strong customer relationships, industry-leading margins, and proven management team. FNF maintains a strategic partnership with Blackstone for investment management and asset origination capabilities. The company's business model emphasizes operational autonomy, entrepreneurship, customer focus, and employee ownership as foundational principles. FNF's website is located at www.fnf.com.

Company details
Sector
Financials
Industry
Insurance
Headquarters
JACKSONVILLE, FL
Fiscal year end
December
CIK
1331875
SIC
6361

Financial performance, year by year

Fiscal 2013–2025 · USD
$-1.56B$3.13B$7.82B$12.51B$17.21B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Fidelity National Financial, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

430
funds hold it
1 of 35
superinvestors hold it
$4.62B
held by funds, at market
35.3%
of shares held by funds
4
bond issues held by funds

Superinvestors in Fidelity National Financial, Inc. · what they did last quarter

Glenn GreenbergDECREASED -1.6%
Brave Warrior Advisors
3.5%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Fidelity National Financial, Inc.’s weight in each

iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.33%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.02%of fund net assets
First Eagle Global Fund
SGENX · First Eagle Funds
0.44%of fund net assets
Schwab U.S. Dividend Equity ETF
SCHD · SCHWAB STRATEGIC TRUST
0.30%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.15%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fidelity National Financial, Inc.’s bonds, as funds hold them

Funds report holding 4 issues of Fidelity National Financial, Inc.’s debt, $382.55M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 3.48%, maturing 2028 to 2051.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Fidelity National Financial, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Fidelity National Financial, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Fidelity National Financial, Inc.'s last four quarterly filings that the numbers alone won't show?”
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