Fidelity National Financial Inc (FNF) - Net Assets

Latest as of December 2025: $8.97 Billion USD

Based on the latest financial reports, Fidelity National Financial Inc (FNF) has net assets worth $8.97 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($109.01 Billion) and total liabilities ($100.04 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Fidelity National Financial Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets $8.97 Billion
% of Total Assets 8.23%
Annual Growth Rate 5.93%
5-Year Change -5.13%
10-Year Change 30.07%
Growth Volatility 36.73

Fidelity National Financial Inc - Net Assets Trend (2002–2025)

This chart illustrates how Fidelity National Financial Inc's net assets have evolved over time, based on quarterly financial data. Also explore FNF total assets for the complete picture of this company's asset base.

Annual Net Assets for Fidelity National Financial Inc (2002–2025)

The table below shows the annual net assets of Fidelity National Financial Inc from 2002 to 2025. For live valuation and market cap data, see market value of Fidelity National Financial Inc.

Year Net Assets Change
2025-12-31 $8.97 Billion +5.16%
2024-12-31 $8.53 Billion +14.37%
2023-12-31 $7.46 Billion +398.16%
2022-12-31 $-2.50 Billion -126.46%
2021-12-31 $9.46 Billion +12.69%
2020-12-31 $8.39 Billion +47.00%
2019-12-31 $5.71 Billion +23.36%
2018-12-31 $4.63 Billion +3.60%
2017-12-31 $4.47 Billion -35.24%
2016-12-31 $6.90 Billion +4.71%
2015-12-31 $6.59 Billion -2.93%
2014-12-31 $6.79 Billion +22.46%
2013-12-31 $5.54 Billion +5.96%
2012-12-31 $5.23 Billion +42.16%
2011-12-31 $3.68 Billion +6.28%
2010-12-31 $3.46 Billion +3.81%
2009-12-31 $3.33 Billion +16.73%
2008-12-31 $2.86 Billion -13.38%
2007-12-31 $3.30 Billion -6.58%
2006-12-31 $3.53 Billion +42.10%
2005-12-31 $2.48 Billion -7.32%
2004-12-31 $2.68 Billion -31.06%
2003-12-31 $3.89 Billion +62.98%
2002-12-31 $2.39 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Fidelity National Financial Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 548400000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings $5.48 Billion 73.87%
Other Comprehensive Income $-1.68 Billion -22.60%
Other Components $3.62 Billion 48.73%
Total Equity $7.42 Billion 100.00%

Fidelity National Financial Inc Competitors by Market Cap

The table below lists competitors of Fidelity National Financial Inc ranked by their market capitalization.

Company Market Cap
Gaming & Leisure Properties
NASDAQ:GLPI
 $12.97 Billion
RPM International Inc
NYSE:RPM
 $12.98 Billion
Sterling Construction Company Inc
NASDAQ:STRL
 $12.99 Billion
TCL Corp
SHE:000100
 $13.00 Billion
IGM Financial Inc.
TO:IGM
 $12.95 Billion
Pentair PLC
NYSE:PNR
 $12.94 Billion
Ares Capital Corporation
NASDAQ:ARCC
 $12.93 Billion
Shenzhen Sunway Communication
SHE:300136
 $12.93 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Fidelity National Financial Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 7,754,000,000 to 7,424,000,000, a change of -330,000,000 (-4.3%).
  • Net income of 602,000,000 contributed positively to equity growth.
  • Dividend payments of 546,000,000 reduced retained earnings.
  • Share repurchases of 289,000,000 reduced equity.
  • New share issuances of 117,000,000 increased equity.
  • Other comprehensive income increased equity by 374,000,000.
  • Other factors decreased equity by 588,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income $602.00 Million +8.11%
Dividends Paid $546.00 Million -7.35%
Share Repurchases $289.00 Million -3.89%
Share Issuances $117.00 Million +1.58%
Other Comprehensive Income $374.00 Million +5.04%
Other Changes $-588.00 Million -7.92%
Total Change $- -4.26%

Book Value vs Market Value Analysis

This analysis compares Fidelity National Financial Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 1.89x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 5.62x to 1.89x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2000-12-31 $9.18 $51.63 x
2001-12-31 $10.04 $51.63 x
2002-12-31 $12.99 $51.63 x
2003-12-31 $22.32 $51.63 x
2004-12-31 $15.43 $51.63 x
2005-12-31 $14.29 $51.63 x
2006-12-31 $19.00 $51.63 x
2007-12-31 $14.75 $51.63 x
2008-12-31 $13.36 $51.63 x
2009-12-31 $14.51 $51.63 x
2010-12-31 $15.10 $51.63 x
2011-12-31 $16.42 $51.63 x
2012-12-31 $21.01 $51.63 x
2013-12-31 $21.57 $51.63 x
2014-12-31 $24.33 $51.63 x
2015-12-31 $18.93 $51.63 x
2016-12-31 $20.36 $51.63 x
2017-12-31 $16.07 $51.63 x
2018-12-31 $16.65 $51.63 x
2019-12-31 $19.43 $51.63 x
2020-12-31 $29.34 $51.63 x
2021-12-31 $32.95 $51.63 x
2022-12-31 $-9.03 $51.63 x
2023-12-31 $25.49 $51.63 x
2024-12-31 $28.40 $51.63 x
2025-12-31 $27.29 $51.63 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Fidelity National Financial Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 8.11%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.15%
  • • Asset Turnover: 0.13x
  • • Equity Multiplier: 14.68x
  • Recent ROE (8.11%) is below the historical average (13.51%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 8.04% 5.02% 0.72x 2.22x $-31.22 Million
2001 17.34% 8.65% 0.91x 2.21x $127.81 Million
2002 23.59% 10.46% 0.97x 2.33x $306.32 Million
2003 22.25% 11.17% 1.06x 1.88x $474.48 Million
2004 27.68% 8.93% 1.63x 1.90x $473.29 Million
2005 38.87% 9.99% 1.64x 2.38x $716.10 Million
2006 12.60% 4.64% 1.30x 2.09x $90.32 Million
2007 4.00% 2.35% 0.73x 2.33x $-194.64 Million
2008 -6.38% -4.21% 0.51x 2.98x $-459.56 Million
2009 6.70% 3.81% 0.73x 2.40x $-109.27 Million
2010 10.69% 6.84% 0.68x 2.29x $23.93 Million
2011 10.09% 7.69% 0.61x 2.16x $3.41 Million
2012 12.78% 9.10% 0.64x 2.19x $132.09 Million
2013 7.77% 5.30% 0.71x 2.08x $-112.80 Million
2014 8.59% 7.27% 0.58x 2.04x $-95.70 Million
2015 8.00% 7.91% 0.32x 3.11x $-131.80 Million
2016 9.42% 8.96% 0.34x 3.10x $-39.80 Million
2017 17.26% 10.06% 0.56x 3.05x $324.30 Million
2018 13.56% 8.27% 0.85x 1.93x $165.00 Million
2019 19.73% 12.54% 0.79x 1.98x $523.80 Million
2020 17.00% 13.33% 0.21x 6.01x $587.80 Million
2021 29.58% 18.56% 0.25x 6.42x $1.85 Billion
2022 0.00% 11.30% 0.20x 0.00x $1.54 Billion
2023 7.48% 4.49% 0.14x 11.67x $-173.80 Million
2024 16.38% 9.51% 0.14x 12.30x $494.60 Million
2025 8.11% 4.15% 0.13x 14.68x $-140.40 Million

Industry Comparison

This section compares Fidelity National Financial Inc's net assets metrics with peer companies in the Insurance - Specialty industry.

Industry Context

  • Industry: Insurance - Specialty
  • Average net assets among peers: $4,315,361,778
  • Average return on equity (ROE) among peers: 11.81%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Fidelity National Financial Inc (FNF) $8.97 Billion 8.04% 11.15x $12.96 Billion
Enact Holdings Inc (ACT) $4.11 Billion 13.32% 0.44x $6.01 Billion
Assured Guaranty Ltd (AGO) $16.54 Billion 2.35% 0.10x $3.73 Billion
Ambac Financial Group Inc (AMBC) $1.43 Billion 0.25% 4.61x $393.43 Million
AMERISAFE Inc (AMSF) $302.42 Million 15.35% 2.70x $567.23 Million
AXIS Capital Holdings Ltd (AXS) $5.41 Billion 11.43% 4.06x $7.71 Billion
Employers Holdings Inc (EIG) $1.02 Billion 13.88% 2.85x $816.69 Million
Essent Group Ltd (ESNT) $5.60 Billion 13.02% 0.27x $5.80 Billion
First American Corporation (FAF) $4.43 Billion 15.98% 2.60x $6.55 Billion
Investors Title Company (ITIC) $5.80 Million 20.69% 0.36x $441.47 Million

About Fidelity National Financial Inc

NYSE:FNF USA Insurance - Specialty
Market Cap
$14.00 Billion
Market Cap Rank
#1815 Global
#671 in USA
Share Price
$51.63
Change (1 day)
-1.28%
52-Week Range
$43.26 - $64.56
All Time High
$66.59
Categories
Companies in USA Insurance - Specialty
About

Fidelity National Financial, Inc., together with its subsidiaries, provides various insurance products in the United States. It operates through Title, F&G, and Corporate and Other segments. The company offers title insurance, escrow, and other title related services, including trust activities, trustee sales guarantees, recordings and reconveyances, and home warranty products. It also provides t… Read more