vs
Side-by-side financial comparison of Fidelity National Financial, Inc. (FNF) and LCI INDUSTRIES (LCII). Click either name above to swap in a different company.
LCI INDUSTRIES is the larger business by last-quarter revenue ($932.7M vs $544.0M, roughly 1.7× Fidelity National Financial, Inc.). LCI INDUSTRIES runs the higher net margin — 2.0% vs -21.5%, a 23.5% gap on every dollar of revenue. On growth, LCI INDUSTRIES posted the faster year-over-year revenue change (16.1% vs 10.3%). Over the past eight quarters, Fidelity National Financial, Inc.'s revenue compounded faster (13.7% CAGR vs -1.8%).
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.
Lucky Core Industries Limited, formerly known as ICI Pakistan, is a Pakistani conglomerate company headquartered in Karachi. It manufactures polyester, pharmaceutical, agrochemical, soda ash, and veterinary medicine.
FNF vs LCII — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $544.0M | $932.7M |
| Net Profit | $-117.0M | $18.7M |
| Gross Margin | — | 22.1% |
| Operating Margin | 82.9% | 3.8% |
| Net Margin | -21.5% | 2.0% |
| Revenue YoY | 10.3% | 16.1% |
| Net Profit YoY | -126.0% | 95.7% |
| EPS (diluted) | $-0.44 | $0.79 |
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 | $544.0M | $932.7M | ||
| Q3 25 | $553.0M | $1.0B | ||
| Q2 25 | $547.0M | $1.1B | ||
| Q1 25 | $455.0M | $1.0B | ||
| Q4 24 | $493.0M | $803.1M | ||
| Q3 24 | $506.0M | $915.5M | ||
| Q2 24 | $504.0M | $1.1B | ||
| Q1 24 | $421.0M | $968.0M |
| Q4 25 | $-117.0M | $18.7M | ||
| Q3 25 | $358.0M | $62.5M | ||
| Q2 25 | $278.0M | $57.6M | ||
| Q1 25 | $83.0M | $49.4M | ||
| Q4 24 | $450.0M | $9.5M | ||
| Q3 24 | $266.0M | $35.6M | ||
| Q2 24 | $306.0M | $61.2M | ||
| Q1 24 | $248.0M | $36.5M |
| Q4 25 | — | 22.1% | ||
| Q3 25 | — | 24.4% | ||
| Q2 25 | — | 24.4% | ||
| Q1 25 | — | 24.1% | ||
| Q4 24 | — | 21.1% | ||
| Q3 24 | — | 24.0% | ||
| Q2 24 | — | 25.3% | ||
| Q1 24 | — | 23.1% |
| Q4 25 | 82.9% | 3.8% | ||
| Q3 25 | 81.9% | 7.3% | ||
| Q2 25 | 69.8% | 7.9% | ||
| Q1 25 | 24.4% | 7.8% | ||
| Q4 24 | — | 2.0% | ||
| Q3 24 | 61.9% | 5.9% | ||
| Q2 24 | 90.9% | 8.6% | ||
| Q1 24 | 78.6% | 6.0% |
| Q4 25 | -21.5% | 2.0% | ||
| Q3 25 | 64.7% | 6.0% | ||
| Q2 25 | 50.8% | 5.2% | ||
| Q1 25 | 18.2% | 4.7% | ||
| Q4 24 | 91.3% | 1.2% | ||
| Q3 24 | 52.6% | 3.9% | ||
| Q2 24 | 60.7% | 5.8% | ||
| Q1 24 | 58.9% | 3.8% |
| Q4 25 | $-0.44 | $0.79 | ||
| Q3 25 | $1.33 | $2.55 | ||
| Q2 25 | $1.02 | $2.29 | ||
| Q1 25 | $0.30 | $1.94 | ||
| Q4 24 | $1.65 | $0.37 | ||
| Q3 24 | $0.97 | $1.39 | ||
| Q2 24 | $1.12 | $2.40 | ||
| Q1 24 | $0.91 | $1.44 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.6B | $222.6M |
| Total DebtLower is stronger | $4.4B | $945.2M |
| Stockholders' EquityBook value | $7.4B | $1.4B |
| Total Assets | $109.0B | $3.2B |
| Debt / EquityLower = less leverage | 0.59× | 0.69× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.6B | $222.6M | ||
| Q3 25 | $3.5B | $199.7M | ||
| Q2 25 | $3.3B | $191.9M | ||
| Q1 25 | $4.5B | $231.2M | ||
| Q4 24 | $3.5B | $165.8M | ||
| Q3 24 | $5.0B | $161.2M | ||
| Q2 24 | $4.9B | $130.4M | ||
| Q1 24 | $3.5B | $22.6M |
| Q4 25 | $4.4B | $945.2M | ||
| Q3 25 | $4.4B | $947.8M | ||
| Q2 25 | $4.4B | $948.0M | ||
| Q1 25 | $4.4B | $938.3M | ||
| Q4 24 | $4.3B | $757.3M | ||
| Q3 24 | $4.2B | $822.5M | ||
| Q2 24 | $4.2B | $829.7M | ||
| Q1 24 | $3.9B | $855.3M |
| Q4 25 | $7.4B | $1.4B | ||
| Q3 25 | $8.4B | $1.4B | ||
| Q2 25 | $7.9B | $1.4B | ||
| Q1 25 | $7.9B | $1.4B | ||
| Q4 24 | $7.8B | $1.4B | ||
| Q3 24 | $8.1B | $1.4B | ||
| Q2 24 | $7.3B | $1.4B | ||
| Q1 24 | $7.1B | $1.4B |
| Q4 25 | $109.0B | $3.2B | ||
| Q3 25 | $106.6B | $3.2B | ||
| Q2 25 | $102.3B | $3.2B | ||
| Q1 25 | $98.2B | $3.1B | ||
| Q4 24 | $95.4B | $2.9B | ||
| Q3 24 | $94.7B | $3.0B | ||
| Q2 24 | $88.8B | $3.0B | ||
| Q1 24 | $84.5B | $3.0B |
| Q4 25 | 0.59× | 0.69× | ||
| Q3 25 | 0.53× | 0.70× | ||
| Q2 25 | 0.56× | 0.68× | ||
| Q1 25 | 0.56× | 0.69× | ||
| Q4 24 | 0.56× | 0.55× | ||
| Q3 24 | 0.52× | 0.58× | ||
| Q2 24 | 0.58× | 0.60× | ||
| Q1 24 | 0.55× | 0.63× |
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 | $1.5B | $78.9M |
| Free Cash FlowOCF − Capex | — | $64.3M |
| FCF MarginFCF / Revenue | — | 6.9% |
| Capex IntensityCapex / Revenue | — | 1.6% |
| Cash ConversionOCF / Net Profit | — | 4.22× |
| TTM Free Cash FlowTrailing 4 quarters | — | $278.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.5B | $78.9M | ||
| Q3 25 | $1.3B | $97.2M | ||
| Q2 25 | $1.9B | $112.2M | ||
| Q1 25 | $1.1B | $42.7M | ||
| Q4 24 | $1.5B | $106.6M | ||
| Q3 24 | $2.4B | $78.4M | ||
| Q2 24 | $1.4B | $192.9M | ||
| Q1 24 | $1.6B | $-7.7M |
| Q4 25 | — | $64.3M | ||
| Q3 25 | — | $80.9M | ||
| Q2 25 | — | $99.5M | ||
| Q1 25 | — | $33.7M | ||
| Q4 24 | — | $95.7M | ||
| Q3 24 | — | $68.3M | ||
| Q2 24 | — | $180.2M | ||
| Q1 24 | — | $-16.3M |
| Q4 25 | — | 6.9% | ||
| Q3 25 | — | 7.8% | ||
| Q2 25 | — | 9.0% | ||
| Q1 25 | — | 3.2% | ||
| Q4 24 | — | 11.9% | ||
| Q3 24 | — | 7.5% | ||
| Q2 24 | — | 17.1% | ||
| Q1 24 | — | -1.7% |
| Q4 25 | — | 1.6% | ||
| Q3 25 | — | 1.6% | ||
| Q2 25 | — | 1.2% | ||
| Q1 25 | — | 0.9% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | — | 1.1% | ||
| Q2 24 | — | 1.2% | ||
| Q1 24 | — | 0.9% |
| Q4 25 | — | 4.22× | ||
| Q3 25 | 3.66× | 1.55× | ||
| Q2 25 | 6.82× | 1.95× | ||
| Q1 25 | 13.43× | 0.86× | ||
| Q4 24 | 3.32× | 11.17× | ||
| Q3 24 | 8.89× | 2.20× | ||
| Q2 24 | 4.45× | 3.15× | ||
| Q1 24 | 6.42× | -0.21× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
LCII
| Travel Trailer And Fifth Wheels | $378.4M | 41% |
| Chassis Chassis Partsand Slideout Mechanisms | $206.1M | 22% |
| Furnitureand Mattresses | $120.4M | 13% |
| Appliances | $69.9M | 7% |
| Other Products | $69.1M | 7% |
| Axlesand Suspension Solutions | $62.3M | 7% |
| Motorhomes | $34.2M | 4% |
