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Fidelity National Financial FNF Fixed rate annuities — Deferred acquisition costs

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AMPFixed Annuity — Deferred acquisition costs
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KKRFixed Rate Annuities — Deferred Acquisition Costs, or "DAC"
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CINFDeferred Fixed Annuity — Capitalized deferred policy acquisition costs
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Other financials

Income statement

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Revenue$3.2B+18.2%
Net income$243.0M+193%
EPS (diluted)$0.90+200%

Balance sheet

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Cash & equivalents$2.5B-45.0%
Total debt$4.8B-0.7%
Total equity$7.3B-8.1%
Total assets$111.50B+13.5%

Cash flow

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Operating cash flow$875.0M-21.5%

Valuation

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Market cap$12.6B-29.7%
Enterprise value$14.9B-18.3%
P/E13.1×
P/S0.8×-0.5×

Profitability

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Net margin8.3%

Returns & leverage

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Return on equity14.2%
Debt / equity0.7×0.0×

Where this comes from

Reported directly by Fidelity National Financial in its filing.

Tagged under the XBRL concept fnf:DeferredPolicyAcquisitionCostsIncludingFundingAgreements.

The official record: Fidelity National Financial’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Fidelity National Financial's fixed rate annuities — deferred acquisition costs?
Fidelity National Financial (FNF) reported fixed rate annuities — deferred acquisition costs of $382M in Q1 2026.
How has Fidelity National Financial's fixed rate annuities — deferred acquisition costs changed year-over-year?
Fidelity National Financial's fixed rate annuities — deferred acquisition costs increased by 2.7% year-over-year, from $372M to $382M.
What is the long-term trend for Fidelity National Financial's fixed rate annuities — deferred acquisition costs?
Over 2 years (2023 to 2025), Fidelity National Financial's fixed rate annuities — deferred acquisition costs has grown at a 28.1% compound annual growth rate (CAGR), from $976M to $1.6B.
What does fixed rate annuities — deferred acquisition costs mean?
The total unamortized investment in acquiring annuity and funding agreement contracts.
How do you interpret fixed rate annuities — deferred acquisition costs?
A growing total balance indicates a expanding portfolio of annuity business.
How does fixed rate annuities — deferred acquisition costs compare across companies?
Comparable to total DAC balances at other life and annuity insurers.