Last 47 quarters of trend data · Financial Services · Insurance - Specialty
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
EV/EBITDA has expanded 26.2% YoY to 6.3x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 22.75 | — | 11.37 | 13.74 | 54.23 | 8.51 | 15.99 | 11.03 | 14.59 | — | 6.58 | 11.11 | — |
| — | — | -28.9% | +24.6% | +271.8% | — | +143.2% | -0.7% | — | — | -20.6% | +71.4% | — | |
| P/S Ratio | 0.93 | 0.91 | 1.05 | 1.07 | 1.66 | 1.09 | 1.20 | 1.10 | 1.11 | 1.03 | 1.03 | 0.81 | 0.98 |
| — | -16.6% | -12.9% | -2.9% | +49.3% | +5.9% | +16.5% | +36.6% | +14.1% | +2.9% | +40.8% | -16.1% | -10.3% | |
| P/B Ratio | 1.52 | 1.64 | 1.77 | 1.74 | 2.02 | 1.80 | 1.90 | 1.69 | 1.84 | 1.85 | 1.70 | 1.46 | 1.42 |
| — | -8.5% | -7.0% | +2.7% | +9.6% | -3.1% | +12.0% | +15.7% | +29.9% | +19.4% | +3.0% | -0.6% | -13.3% | |
| P/FCF | 2.12 | 2.01 | 3.24 | 2.06 | 4.12 | 2.62 | 1.82 | 2.55 | 2.32 | 1.55 | 2.68 | 1.45 | 1.70 |
| — | -23.3% | +78.1% | -19.3% | +77.6% | +68.9% | -32.1% | +76.4% | +36.2% | -18.2% | +62.7% | -53.7% | -68.0% | |
| EV / EBITDA | 7.00 | 6.29 | 6.64 | 7.39 | 14.83 | 4.98 | 8.09 | 5.21 | 7.73 | — | 4.12 | 5.76 | 46.08 |
| — | +26.2% | -18.0% | +41.8% | +91.8% | — | +96.3% | -9.6% | -83.2% | — | -2.6% | +69.1% | +751.8% | |
| EV / EBIT | 11.12 | 8.24 | 8.80 | 9.71 | 26.62 | 5.96 | 11.01 | 6.68 | 10.15 | — | 4.82 | 7.44 | — |
| — | +38.2% | -20.1% | +45.2% | +162.3% | — | +128.5% | -10.1% | — | — | -3.9% | +95.5% | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Fidelity National Financial, Inc.'s operating margin was 11.1% in Q4 2025, down 0.4 pp QoQ and down 7.1 pp YoY. The trailing four-quarter average of 9.4% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 70.2% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 98.2% | 98.2% | 49.6% | 52.2% | 54.6% | 57.7% | 47.7% | 77.5% | 49.0% | 32.7% | 68.1% | 53.9% | 44.8% |
| — | +70.2% | +4.0% | -32.6% | +11.4% | +76.8% | -29.9% | +43.7% | +9.4% | -31.3% | +14.6% | -34.5% | -26.2% | |
| Operating Margin | 9.9% | 11.1% | 11.5% | 10.7% | 4.2% | 18.1% | 8.9% | 15.0% | 10.2% | -5.0% | 22.3% | 11.0% | -3.1% |
| — | -39.0% | +29.3% | -28.8% | -59.4% | +464.0% | -60.0% | +36.2% | +434.2% | -454.2% | +44.3% | -61.2% | -116.8% | |
| Net Margin | 4.2% | -2.9% | 9.1% | 7.8% | 3.1% | 12.8% | 7.6% | 10.0% | 7.6% | -2.0% | 15.7% | 7.2% | -2.4% |
| — | -122.6% | +20.2% | -22.2% | -59.4% | +723.1% | -51.9% | +38.0% | +413.1% | -177.0% | +41.7% | -65.2% | -118.6% |
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 6.9% | -1.3% | 3.9% | 3.2% | 1.0% | 5.2% | 3.2% | 3.9% | 3.2% | -1.0% | 6.4% | 3.3% | -0.9% |
| — | -124.8% | +25.2% | -18.4% | -70.5% | +625.4% | -51.0% | +17.7% | +463.2% | -189.4% | +11.3% | -54.5% | -119.6% | |
| ROA | 0.6% | -0.1% | 0.3% | 0.3% | 0.1% | 0.5% | 0.3% | 0.4% | 0.3% | -0.1% | 0.6% | 0.3% | -0.1% |
| — | -122.9% | +11.1% | -26.5% | -71.4% | +630.3% | -46.8% | +22.8% | +443.3% | -183.6% | -1.2% | -65.1% | -113.3% | |
| ROIC | 10.1% | 3.1% | 3.1% | 2.9% | 0.9% | 5.3% | 2.9% | 4.1% | 2.8% | -1.5% | 5.7% | 3.1% | -0.7% |
| — | -42.3% | +8.6% | -29.9% | -68.3% | +461.0% | -48.9% | +34.1% | +508.9% | -511.0% | +15.1% | -50.5% | -114.9% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Fidelity National Financial, Inc.'s Debt/EBITDA ratio is 7.1x — elevated, raising questions about debt serviceability.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.53 | 0.53 | 0.51 | 0.54 | 0.54 | 0.55 | 0.51 | 0.57 | 0.55 | 0.57 | 0.62 | 0.62 | 0.62 |
| — | -3.7% | -0.4% | -5.3% | -0.6% | -3.9% | -17.4% | -7.1% | -11.7% | +3.1% | +15.2% | +17.8% | +43.1% | |
| Debt / EBITDA | 2.09 | 7.11 | 7.01 | 8.20 | 15.54 | 5.64 | 9.10 | 7.04 | 8.57 | — | 5.41 | 8.49 | 68.43 |
| — | +25.9% | -22.9% | +16.6% | +81.4% | — | +68.2% | -17.1% | -87.5% | — | +8.8% | +105.0% | +1210.1% | |
| Current Ratio | 2.44 | — | 2.58 | 2.63 | 3.57 | — | 2.67 | — | — | — | — | — | — |
| — | — | -3.4% | — | — | — | — | — | — | — | — | — | — | |
| Quick Ratio | 2.44 | — | 2.58 | 2.63 | 3.57 | — | 2.67 | — | — | — | — | — | — |
| — | — | -3.4% | — | — | — | — | — | — | — | — | — | — | |
| Interest Coverage | 6.92 | 8.39 | 8.55 | 7.26 | 2.85 | 12.23 | 6.59 | 10.74 | 7.76 | -2.73 | 14.70 | 8.72 | -0.76 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 47 years · Updated daily
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorDCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare business quality, growth, and profitability against top sector peers.
Start ComparisonQuick answers to the most common questions about buying FNF stock.
Fidelity National Financial, Inc.'s current P/E is 22.7x. The average P/E over the last 3 quarters is 26.4x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Fidelity National Financial, Inc.'s current operating margin is 9.9%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Fidelity National Financial, Inc.'s business trajectory between earnings reports.