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Fidelity National Financial FNF Universal Life — Capitalization

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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$13.75B-13.9%
Enterprise value$16.06B-8.3%
P/E14.3×
P/S0.9×-0.3×

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:ContractWithCustomerLiabilityAdditions.

The source filing: Fidelity National Financial’s 10-K, filed February 26, 2026.

Filed
Feb 26, 2026, 5:24 PM EST
Fiscal year
FY2025
Accession
0001331875-26-000026
Line itemDecember 31, 20252024
(In millions)
Balance at January 1,$401$270
Capitalization178151
Amortization(28)(20)
Balance at December 31,$551$401

Item 8. Financial Statements and Supplementary Data

FAQ

What is Fidelity National Financial's universal life — capitalization?
Fidelity National Financial (FNF) reported universal life — capitalization of $44.5M in Q4 2025.
How has Fidelity National Financial's universal life — capitalization changed year-over-year?
Fidelity National Financial's universal life — capitalization increased by 17.9% year-over-year, from $37.75M to $44.5M.
What is the long-term trend for Fidelity National Financial's universal life — capitalization?
Over 3 years (2022 to 2025), Fidelity National Financial's universal life — capitalization has grown at a 26.0% compound annual growth rate (CAGR), from $89M to $178M.
What does universal life — capitalization mean?
This metric measures the costs associated with acquiring new insurance contracts that are deferred and capitalized as assets rather than expensed immediately. These costs are then amortized over the expected life of the policies to match expenses with the associated revenue. It reflects the company's investment in business growth and customer acquisition.

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