NYSE$FNF

Fidelity National Financial Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Fidelity National Financial Q4 2024 Earnings Report

Fidelity National Financial reported strong financial results for Q4 2024, with total revenue reaching $3.62 billion, a 5.5% increase from the prior year. The company saw significant growth in its Title and F&G segments, with adjusted net earnings per share rising to $1.34. Net income rebounded sharply from a prior-year loss, reflecting operational efficiencies and strong investment returns.

  • Total revenue increased by 5.5% year-over-year to $3.62 billion.
  • Net earnings attributable to common shareholders reached $450 million, reversing a $69 million loss in Q4 2023.
  • Adjusted EPS grew to $1.34 from $0.75 in the previous year.
  • The Title segment delivered strong revenue growth, with an adjusted pre-tax margin of 16.6%.

Headline financials

Total Revenue

$3.62B

Previous: $3.43B+5.5%
EPS (adj)

$1.34

Previous: $0.75+78.7%
Capital Expenditures

-$30M

No prior period
Free Cash Flow

$1.86B

No prior period
Net Income

$450M

Previous: -$69M+752.2%
Operating Income

$0.00

Previous: -$168M+100.0%

Revenue & EPS history

Fidelity National Financial · Revenue · Quarterly

$3.62B

Q4 2024+5.5%vs Q4 2023
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Revenue by segment

Fidelity National Financial · $1.93B total across 2 segments · Q3 2023

  • Title Segment
    $1.88B-18.2%
  • Corporate and Other
    $52M+271.4%

Forward guidance

Fidelity National Financial expects continued growth in the Title and F&G segments, driven by operational efficiencies and favorable market trends. The company anticipates strong demand for title insurance services and steady performance in annuity sales.

Tailwinds

  • Title segment poised for further growth as mortgage rates stabilize.
  • F&G segment continues to benefit from strong sales and asset growth.
  • Operational efficiencies improving margins across key segments.
  • Strong balance sheet supports continued dividend payments.
  • Market share gains in the title insurance industry position the company well for future expansion.

Headwinds

  • Potential interest rate volatility could impact mortgage activity.
  • Competitive pressures in the annuities and insurance market remain high.
  • Market risk benefit fluctuations may affect financial results.
  • Regulatory changes in the real estate sector could introduce uncertainties.
  • Macroeconomic conditions, including potential recessionary risks, could impact growth.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-0.2%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+0.9%

Avg return

30 days after

51%

35 / 68 earnings

Positive

+5.8%

Q2 2018

Best reaction

-7.2%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.9%-7.2%-7.6%
Q4 2025-3.8%-5.0%-20.2%
Q3 2025+4.6%+7.2%+6.5%
Q1 2025-7.2%-10.9%-14.9%
Q4 2024+3.3%+6.8%+10.4%
Q3 2024-0.6%+1.2%+4.2%
Q2 2024-2.6%+0.2%+7.8%
Q1 2024+0.9%-1.4%-5.6%
Q4 2023-4.1%-5.1%-1.0%
Q3 2023+3.8%+5.1%+12.0%
Q2 2023+2.2%+5.6%+7.8%
Q1 2023-4.1%-1.3%+1.2%
Q4 2022-5.8%-5.5%-20.6%
Q3 2022-2.3%+7.3%-2.2%
Q2 2022-3.6%-2.2%-0.4%
Q1 2022-1.6%+1.2%+1.1%
Q4 2021-2.7%+2.1%+7.9%
Q3 2021-0.5%+3.7%+5.1%
Q2 2021+2.1%+6.1%+9.8%
Q1 2021+0.8%+0.6%+2.8%
Q4 2020-5.3%-2.8%+0.5%
Q3 2020+2.5%+2.1%+14.1%
Q2 2020+3.2%+7.4%+0.5%
Q1 2020+4.0%+8.0%+10.4%
Q4 2019+0.7%-0.6%-23.7%
Q3 2019+1.9%+3.4%+6.3%
Q2 2019+2.9%+2.8%+4.9%
Q1 2019+2.2%+0.8%-0.0%
Q4 2018-1.3%-3.4%-2.6%
Q3 2018-6.0%-5.6%-5.4%
Q2 2018+5.8%+7.8%+6.0%
Q1 2018+2.2%+1.3%+1.2%
Q4 2017-2.7%-5.3%-4.1%
Q3 2017+2.9%+4.9%+14.5%
Q2 2017+0.0%+2.9%+3.3%
Q1 2017+2.1%+2.1%+7.9%
Q4 2016+1.5%+3.3%+7.2%
Q3 2016-5.2%-5.2%-11.4%
Q2 2016+1.9%+3.7%+0.2%
Q1 2016-2.2%
Q4 2015+3.8%
Q3 2015+1.3%
Q2 2015+0.8%
Q1 2015+0.9%
Q4 2014-2.7%
Q3 2014-0.8%
Q2 2014+1.1%
Q1 2014+1.5%
Q4 2013+2.6%
Q3 2013-0.5%
Q2 2013-1.7%
Q1 2013-5.5%
Q4 2012-1.3%
Q3 2012+3.3%
Q2 2012-1.8%
Q1 2012+0.1%
Q4 2011+0.5%
Q3 2011+1.8%
Q2 2011+3.3%
Q1 2011+1.8%
Q4 2008-2.7%
Q4 2010-2.7%
Q3 2009+0.9%
Q3 2010+0.9%
Q4 2009-0.9%
Q2 2009-0.9%
Q2 2010-0.9%
Q1 2010-2.2%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro