Feed / FNF

Fidelity National Financial, Inc.

FNF

Financial Services · 44.16 -0.7% today

Isolated · not yet confirmedMarket checked 11 Sept, 12:50 GMT-4

Market read

Fidelity National Financial, Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 7 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.

Company-0.7% todayVolume comparison unavailable
Market group0 of 7 activeInsurance - Life · unavailable
Disclosed network0 of 3 confirmingNo filing-linked name is confirming now
What would change this read
  • FNF's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if FNF's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Financial Services · Insurance - Specialty

No new filing conclusion is available. 0 of 7 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • FNF's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations327
Usable filing statements138
Verified relationships3
Evidence supporting the case
  • Latest annual revenue changed +9.1% year over year.
  • Operating cash flow covered net income at 9.68x in the latest annual period.
Evidence challenging the case
  • Net margin changed -37.3 percentage points in the latest annual period.
Questions before a position
  • P/E is 151% above the available filing-peer median; determine whether growth and quality justify the difference.
  • EV/sales is 54% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 10, 2026

43.94
6m-6.9%12m-26.7%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$2.8B+17.6%$9.75+0.3%
2022-12-31$2.2B-20.9%$4.67-3.5%
2023-12-31$1.9B-16.5%$1.91-2.2%
2024-12-31$1.9B+3.3%$4.65+0.7%
2025-12-31$2.1B+9.1%$2.21-0.4%

What management says matters

Persistent and emerging business drivers

Foreign exchangemixed · 5 filings
The net change in fair value of the foreign currency derivatives and interest rate swaps were primarily driven by fluctuations in the foreign currency exchange rates and interest rate indexes underlying the swap contracts.
10-Q · Aug 6, 2026
Macroeconomic conditionsmixed · 5 filings
We believe the unrealized loss position for which we have not recorded an allowance for expected credit loss as of June 30, 2026 was primarily attributable to interest rate increases, near-term illiquidity, and other macroeconomic uncertainties as opposed to…
10-Q · Aug 6, 2026
Credit and interest ratesmixed · 1 filings
The increase was attributable to increases in opened title orders from both purchase transactions and refinance transactions.
10-K · Feb 26, 2026
Demand and volumemixed · 1 filings
The increase was attributable to increases in opened title orders from both purchase transactions and refinance transactions.
10-K · Feb 26, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 5.7× · EV/sales 6.5×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Scenarios are withheld for Financial Services until sector-specific earnings and capital metrics are available; generic revenue/P/S scaffolds would be misleading.

Price action

How the market is pricing the story

44.16-0.7% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 12:50 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for FNF. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for FNF. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind FNF

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

BXBlackstone Inc.partnerMay 8, 2026

These markets leverage our existing team's spread-based capabilities as well as our strategic partnership with Blackstone ISG-I Advisors LLC (“Blackstone”).

Depended on by

FAFFirst American Financial CorporationcompetitorFeb 18, 2026

Our major nationwide competitors in our principal markets include Fidelity National Financial, Inc., Old Republic International Corporation, Stewart Title Guaranty Company, and their affiliates.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 6 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

FNF is currently a Follower in the organic co-movement group Insurance - Life. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 2 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.