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Fidelity National Financial FNF Universal Life — Contract With Customer, Amortization

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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:ContractWithCustomerAmortization.

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 — contract with customer, amortization?
Fidelity National Financial (FNF) reported universal life — contract with customer, amortization of $7M in Q4 2025.
How has Fidelity National Financial's universal life — contract with customer, amortization changed year-over-year?
Fidelity National Financial's universal life — contract with customer, amortization increased by 40.0% year-over-year, from $5M to $7M.
What is the long-term trend for Fidelity National Financial's universal life — contract with customer, amortization?
Over 3 years (2022 to 2025), Fidelity National Financial's universal life — contract with customer, amortization has grown at a 40.9% compound annual growth rate (CAGR), from $10M to $28M.
What does universal life — contract with customer, amortization mean?
This represents the periodic expense recognized as the company amortizes the deferred costs associated with acquiring insurance contracts. By spreading these costs over the life of the policy, the company aligns the expense recognition with the revenue generated from those contracts. It is a key metric for assessing the profitability and efficiency of the insurance product portfolio.

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