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Side-by-side financial comparison of Allstate (ALL) and Fidelity National Financial, Inc. (FNF). Click either name above to swap in a different company.
Allstate is the larger business by last-quarter revenue ($17.3B vs $544.0M, roughly 31.9× Fidelity National Financial, Inc.). Allstate runs the higher net margin — 22.1% vs -21.5%, a 43.6% gap on every dollar of revenue. On growth, Fidelity National Financial, Inc. posted the faster year-over-year revenue change (10.3% vs 5.1%). Over the past eight quarters, Fidelity National Financial, Inc.'s revenue compounded faster (13.7% CAGR vs 6.6%).
The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. The company operates through Allstate Protection; Protection Services; Allstate Health and Benefits; and Run-off Property-Liability segments. The Allstate Protection segment offers private passenger auto and homeowners insurance; specialty auto products, including motorcycle, trailer, motor home, and off-road vehicle insurance; other personal ...
Fidelity National Financial, Inc., is an American provider of title insurance and settlement services to the real estate and mortgage industries. A Fortune 500 company, Fidelity National Financial generated approximately $8.469 billion in annual revenue in 2019 from its title and real estate-related operations. The company was the first instance of an attorney licensed by a Native American Tribe being certified as "authorized house counsel" in the state of Florida.
ALL vs FNF — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $17.3B | $544.0M |
| Net Profit | $3.8B | $-117.0M |
| Gross Margin | — | — |
| Operating Margin | — | 82.9% |
| Net Margin | 22.1% | -21.5% |
| Revenue YoY | 5.1% | 10.3% |
| Net Profit YoY | 98.8% | -126.0% |
| EPS (diluted) | $14.24 | $-0.44 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $17.3B | $544.0M | ||
| Q3 25 | $17.3B | $553.0M | ||
| Q2 25 | $16.6B | $547.0M | ||
| Q1 25 | $16.5B | $455.0M | ||
| Q4 24 | $16.5B | $493.0M | ||
| Q3 24 | $16.6B | $506.0M | ||
| Q2 24 | $15.7B | $504.0M | ||
| Q1 24 | $15.3B | $421.0M |
| Q4 25 | $3.8B | $-117.0M | ||
| Q3 25 | $3.7B | $358.0M | ||
| Q2 25 | $2.1B | $278.0M | ||
| Q1 25 | $595.0M | $83.0M | ||
| Q4 24 | $1.9B | $450.0M | ||
| Q3 24 | $1.2B | $266.0M | ||
| Q2 24 | $331.0M | $306.0M | ||
| Q1 24 | $1.2B | $248.0M |
| Q4 25 | — | 82.9% | ||
| Q3 25 | — | 81.9% | ||
| Q2 25 | — | 69.8% | ||
| Q1 25 | — | 24.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 61.9% | ||
| Q2 24 | — | 90.9% | ||
| Q1 24 | — | 78.6% |
| Q4 25 | 22.1% | -21.5% | ||
| Q3 25 | 21.7% | 64.7% | ||
| Q2 25 | 12.7% | 50.8% | ||
| Q1 25 | 3.6% | 18.2% | ||
| Q4 24 | 11.7% | 91.3% | ||
| Q3 24 | 7.2% | 52.6% | ||
| Q2 24 | 2.1% | 60.7% | ||
| Q1 24 | 8.0% | 58.9% |
| Q4 25 | $14.24 | $-0.44 | ||
| Q3 25 | $13.95 | $1.33 | ||
| Q2 25 | $7.76 | $1.02 | ||
| Q1 25 | $2.11 | $0.30 | ||
| Q4 24 | $7.07 | $1.65 | ||
| Q3 24 | $4.33 | $0.97 | ||
| Q2 24 | $1.13 | $1.12 | ||
| Q1 24 | $4.46 | $0.91 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.9B | $2.6B |
| Total DebtLower is stronger | $7.5B | $4.4B |
| Stockholders' EquityBook value | $30.6B | $7.4B |
| Total Assets | $119.8B | $109.0B |
| Debt / EquityLower = less leverage | 0.24× | 0.59× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.9B | $2.6B | ||
| Q3 25 | $8.7B | $3.5B | ||
| Q2 25 | $9.6B | $3.3B | ||
| Q1 25 | $6.5B | $4.5B | ||
| Q4 24 | $4.5B | $3.5B | ||
| Q3 24 | $7.0B | $5.0B | ||
| Q2 24 | $5.3B | $4.9B | ||
| Q1 24 | $4.3B | $3.5B |
| Q4 25 | $7.5B | $4.4B | ||
| Q3 25 | $8.1B | $4.4B | ||
| Q2 25 | $8.1B | $4.4B | ||
| Q1 25 | $8.1B | $4.4B | ||
| Q4 24 | $8.1B | $4.3B | ||
| Q3 24 | $8.1B | $4.2B | ||
| Q2 24 | $8.1B | $4.2B | ||
| Q1 24 | $7.9B | $3.9B |
| Q4 25 | $30.6B | $7.4B | ||
| Q3 25 | $27.5B | $8.4B | ||
| Q2 25 | $24.0B | $7.9B | ||
| Q1 25 | $22.1B | $7.9B | ||
| Q4 24 | $21.4B | $7.8B | ||
| Q3 24 | $20.9B | $8.1B | ||
| Q2 24 | $18.6B | $7.3B | ||
| Q1 24 | $18.6B | $7.1B |
| Q4 25 | $119.8B | $109.0B | ||
| Q3 25 | $120.4B | $106.6B | ||
| Q2 25 | $115.9B | $102.3B | ||
| Q1 25 | $115.2B | $98.2B | ||
| Q4 24 | $111.6B | $95.4B | ||
| Q3 24 | $113.7B | $94.7B | ||
| Q2 24 | $108.4B | $88.8B | ||
| Q1 24 | $105.2B | $84.5B |
| Q4 25 | 0.24× | 0.59× | ||
| Q3 25 | 0.29× | 0.53× | ||
| Q2 25 | 0.34× | 0.56× | ||
| Q1 25 | 0.37× | 0.56× | ||
| Q4 24 | 0.38× | 0.56× | ||
| Q3 24 | 0.39× | 0.52× | ||
| Q2 24 | 0.43× | 0.58× | ||
| Q1 24 | 0.43× | 0.55× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $3.0B | $1.5B |
| Free Cash FlowOCF − Capex | $2.9B | — |
| FCF MarginFCF / Revenue | 16.7% | — |
| Capex IntensityCapex / Revenue | 0.5% | — |
| Cash ConversionOCF / Net Profit | 0.78× | — |
| TTM Free Cash FlowTrailing 4 quarters | $9.9B | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.0B | $1.5B | ||
| Q3 25 | $3.3B | $1.3B | ||
| Q2 25 | $1.9B | $1.9B | ||
| Q1 25 | $2.0B | $1.1B | ||
| Q4 24 | $1.7B | $1.5B | ||
| Q3 24 | $3.2B | $2.4B | ||
| Q2 24 | $2.4B | $1.4B | ||
| Q1 24 | $1.7B | $1.6B |
| Q4 25 | $2.9B | — | ||
| Q3 25 | $3.2B | — | ||
| Q2 25 | $1.9B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $3.1B | — | ||
| Q2 24 | $2.3B | — | ||
| Q1 24 | $1.6B | — |
| Q4 25 | 16.7% | — | ||
| Q3 25 | 18.8% | — | ||
| Q2 25 | 11.3% | — | ||
| Q1 25 | 11.4% | — | ||
| Q4 24 | 10.0% | — | ||
| Q3 24 | 18.9% | — | ||
| Q2 24 | 14.7% | — | ||
| Q1 24 | 10.6% | — |
| Q4 25 | 0.5% | — | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 0.6% | — | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | 0.4% | — | ||
| Q2 24 | 0.4% | — | ||
| Q1 24 | 0.3% | — |
| Q4 25 | 0.78× | — | ||
| Q3 25 | 0.88× | 3.66× | ||
| Q2 25 | 0.89× | 6.82× | ||
| Q1 25 | 3.30× | 13.43× | ||
| Q4 24 | 0.88× | 3.32× | ||
| Q3 24 | 2.69× | 8.89× | ||
| Q2 24 | 7.13× | 4.45× | ||
| Q1 24 | 1.37× | 6.42× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALL
Segment breakdown not available.
FNF
| Escrow Fees | $241.0M | 44% |
| Other Title Related Fees And Income | $182.0M | 33% |
| Service Link Excluding Title Premiums Escrow Fees And Subservicing Fees | $87.0M | 16% |
| Insurance Contracts Home Warranty | $31.0M | 6% |
