FNF
Fidelity National Financial margins
- Stocks
- Financial Services
- NYSE: FNF
- Margins
For this period, Fidelity National Financial reports a gross margin of 72.4%, an operating margin of 12.9%, an EBITDA margin of 18%, and a net margin of 5%. The largest positive change was in operating margin, up 0.5 percentage points. The largest negative change was in net margin, down 2.9 percentage points.
FNF margin history
Fidelity National Financial's margins averaged 71.35% gross, 11.63% operating, 16.72% EBITDA, and 6.55% net over the last 3 years. Compared with the three-year averages, gross, operating, and EBITDA margins are above their three-year averages and net margin is below its three-year average.
FNF margin expansion
The strongest improvement was in operating margin, which increased by 0.5 percentage points, and EBITDA margin also expanded by 0.3 percentage points, whereas gross margin contracted by 1 percentage point and net margin by 2.9 percentage points.
FNF Gross margin
Over the last 3 years, Fidelity National Financial's gross margin averaged 71.35%. The current gross margin of 72.4% is 1.1 percentage points above its three-year average. During this period, gross margin reached a high of 75.2% in Mar 2025 and a low of 65.2% in Sep 2024.
FNF Operating margin
Over the last 3 years, the average operating margin for Fidelity National Financial was 11.63%. The latest operating margin for Fidelity National Financial is 12.9%, 1.3 percentage points above its three-year average. Fidelity National Financial's operating margin ranged from a low of 7.4% in Dec 2023 to a high of 14.3% in Dec 2024.
FNF EBITDA margin
The average EBITDA margin for Fidelity National Financial was 16.72% over the last 3 years. As of the latest period, the current EBITDA margin for Fidelity National Financial is 18%, 1.3 percentage points above its three-year average. The EBITDA margin for Fidelity National Financial moved between 12.6% in Dec 2023 and 18.9% in Dec 2024.
FNF Net margin
Over the last 3 years, Fidelity National Financial's net margin averaged 6.55%. Right now, Fidelity National Financial's current net margin is 5%, which is 1.6 percentage points below its three-year average. During this period, net margin reached a high of 9.3% in Dec 2024 and a low of 4.2% in Dec 2025.
FNF margin group comparison
With a gross margin of 72.4%, FNF is above the industry and its peers average but below the Financial Services sector average. Compared to its Financial Services sector average of 83.9%, Fidelity National Financial's gross margin is 14% lower.
FNF margin peer comparison
Frequently asked questions
What is Fidelity National Financial's gross margin?
The current gross margin for FNF is 72.4% as of Jun 30, 2026.
What is Fidelity National Financial's operating margin?
The current operating margin for FNF is 12.9% as of Jun 30, 2026.
What is Fidelity National Financial's EBITDA margin?
The current EBITDA margin for FNF is 18% as of Jun 30, 2026.
What is Fidelity National Financial's net margin?
As of Jun 30, 2026, FNF has a net margin of 5%.
What are the average margins of FNF?
The three-year average margins for FNF were 71.4% gross, 11.6% operating, 16.7% EBITDA, and 6.6% net.
What are the highest historical margins of FNF?
Fidelity National Financial's highest recorded margins during the past 5 years were 92.8% gross in Jun 2022, 24.1% operating in Jun 2022, 26.9% EBITDA in Jun 2022, and 17.9% net in Dec 2021.
What are the lowest historical margins of FNF?
Fidelity National Financial's lowest recorded margins during the past 5 years were 65.2% gross in Sep 2024, 7.4% operating in Jun 2023, 12.2% EBITDA in Jun 2023, and 4.2% net in Dec 2025.