Fidelity National Financial (FNF) FY2024 results: revenue $13.7 billion, up 16.4% on the year
Fidelity National Financial, Inc. (FNF) reported revenue of $13.7 billion for fiscal 2024, the year ended 31 December 2024, up 16.4% on the year before. Net income was $1.3 billion, up 145.6%, and diluted earnings per share $4.65. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2025.
Revenue
$13.7 billion
+16.4% on the year
FY2017FY2024
Operating margin
12.7%
5.9% a year earlier
FY2017FY2024
Net income
$1.3 billion
+145.6% on the year
FY2017FY2024
Diluted EPS
$4.65
+143.5% on the year
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
6,815
6,478
4,355
+5.2%
Cash from investing
-7,862
-9,090
-10,524
Cash from financing
1,759
3,093
4,095
-43.1%
Depreciation and amortisation
739
593
491
+24.6%
Share-based compensation
82.0
60.0
49.0
+36.7%
Buybacks
0.0
6.0
553
Dividends paid
532
500
489
+6.4%
Dividend per share
$1.94
$1.83
$1.77
+6.0%
Diluted shares, weighted
273m
271m
277m
+0.7%
Shares outstanding at period end
275m
273m
272m
+0.6%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
7,754
6,908
6,116
+12.2%
Non-controlling interest
778
552
453
+40.9%
Debt
4,321
3,887
3,238
+11.2%
Other liabilities
82,519
69,267
55,336
+19.1%
Total liabilities and equity
95,372
80,614
65,143
+18.3%
Fixed assets
173
168
179
+3.0%
Goodwill
5,271
4,830
4,642
+9.1%
Intangible assets
5,976
4,627
3,811
+29.2%
Securities held for sale or to maturity
48,218
42,373
33,095
+13.8%
Loans
5,926
5,336
4,554
+11.1%
Cash and equivalents
3,479
2,767
2,286
+25.7%
Other assets
26,329
20,513
16,576
+28.4%
Total assets
95,372
80,614
65,143
+18.3%
10-K for the year ended 31 December 2024, filed 28 February 2025: the filing.