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Side-by-side financial comparison of Fidelity National Financial, Inc. (FNF) and MUELLER INDUSTRIES INC (MLI). Click either name above to swap in a different company.

MUELLER INDUSTRIES INC is the larger business by last-quarter revenue ($962.4M vs $544.0M, roughly 1.8× Fidelity National Financial, Inc.). MUELLER INDUSTRIES INC runs the higher net margin — 16.0% vs -21.5%, a 37.5% gap on every dollar of revenue. On growth, Fidelity National Financial, Inc. posted the faster year-over-year revenue change (10.3% vs 4.2%). Over the past eight quarters, Fidelity National Financial, Inc.'s revenue compounded faster (13.7% CAGR vs 6.4%).

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.

Mueller Industries is an American manufacturing company that specializes in piping, industrial metals and climate machinery. It was founded in 1917 and is included on the Fortune 1000 list in 2022. The head office of the company is located in Memphis, Tennessee. Mueller Industries, Inc. is a multi-billion dollar revenue company that is publicly traded.

FNF vs MLI — Head-to-Head

Bigger by revenue
MLI
MLI
1.8× larger
MLI
$962.4M
$544.0M
FNF
Growing faster (revenue YoY)
FNF
FNF
+6.1% gap
FNF
10.3%
4.2%
MLI
Higher net margin
MLI
MLI
37.5% more per $
MLI
16.0%
-21.5%
FNF
Faster 2-yr revenue CAGR
FNF
FNF
Annualised
FNF
13.7%
6.4%
MLI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FNF
FNF
MLI
MLI
Revenue
$544.0M
$962.4M
Net Profit
$-117.0M
$153.7M
Gross Margin
Operating Margin
82.9%
17.9%
Net Margin
-21.5%
16.0%
Revenue YoY
10.3%
4.2%
Net Profit YoY
-126.0%
11.7%
EPS (diluted)
$-0.44
$1.37

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.

Revenue
FNF
FNF
MLI
MLI
Q4 25
$544.0M
$962.4M
Q3 25
$553.0M
$1.1B
Q2 25
$547.0M
$1.1B
Q1 25
$455.0M
$1.0B
Q4 24
$493.0M
$923.5M
Q3 24
$506.0M
$997.8M
Q2 24
$504.0M
$997.7M
Q1 24
$421.0M
$849.7M
Net Profit
FNF
FNF
MLI
MLI
Q4 25
$-117.0M
$153.7M
Q3 25
$358.0M
$208.1M
Q2 25
$278.0M
$245.9M
Q1 25
$83.0M
$157.4M
Q4 24
$450.0M
$137.7M
Q3 24
$266.0M
$168.7M
Q2 24
$306.0M
$160.2M
Q1 24
$248.0M
$138.4M
Gross Margin
FNF
FNF
MLI
MLI
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
27.6%
Q2 24
27.3%
Q1 24
28.4%
Operating Margin
FNF
FNF
MLI
MLI
Q4 25
82.9%
17.9%
Q3 25
81.9%
25.6%
Q2 25
69.8%
26.7%
Q1 25
24.4%
20.6%
Q4 24
18.4%
Q3 24
61.9%
20.7%
Q2 24
90.9%
21.0%
Q1 24
78.6%
21.6%
Net Margin
FNF
FNF
MLI
MLI
Q4 25
-21.5%
16.0%
Q3 25
64.7%
19.3%
Q2 25
50.8%
21.6%
Q1 25
18.2%
15.7%
Q4 24
91.3%
14.9%
Q3 24
52.6%
16.9%
Q2 24
60.7%
16.1%
Q1 24
58.9%
16.3%
EPS (diluted)
FNF
FNF
MLI
MLI
Q4 25
$-0.44
$1.37
Q3 25
$1.33
$1.88
Q2 25
$1.02
$2.22
Q1 25
$0.30
$1.39
Q4 24
$1.65
$1.21
Q3 24
$0.97
$1.48
Q2 24
$1.12
$1.41
Q1 24
$0.91
$1.21

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FNF
FNF
MLI
MLI
Cash + ST InvestmentsLiquidity on hand
$2.6B
$1.4B
Total DebtLower is stronger
$4.4B
Stockholders' EquityBook value
$7.4B
$3.2B
Total Assets
$109.0B
$3.7B
Debt / EquityLower = less leverage
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FNF
FNF
MLI
MLI
Q4 25
$2.6B
$1.4B
Q3 25
$3.5B
$1.3B
Q2 25
$3.3B
$1.1B
Q1 25
$4.5B
$873.6M
Q4 24
$3.5B
$1.1B
Q3 24
$5.0B
$969.6M
Q2 24
$4.9B
$825.7M
Q1 24
$3.5B
$1.4B
Total Debt
FNF
FNF
MLI
MLI
Q4 25
$4.4B
Q3 25
$4.4B
Q2 25
$4.4B
Q1 25
$4.4B
Q4 24
$4.3B
Q3 24
$4.2B
Q2 24
$4.2B
Q1 24
$3.9B
Stockholders' Equity
FNF
FNF
MLI
MLI
Q4 25
$7.4B
$3.2B
Q3 25
$8.4B
$3.1B
Q2 25
$7.9B
$2.9B
Q1 25
$7.9B
$2.7B
Q4 24
$7.8B
$2.8B
Q3 24
$8.1B
$2.7B
Q2 24
$7.3B
$2.5B
Q1 24
$7.1B
$2.4B
Total Assets
FNF
FNF
MLI
MLI
Q4 25
$109.0B
$3.7B
Q3 25
$106.6B
$3.7B
Q2 25
$102.3B
$3.5B
Q1 25
$98.2B
$3.2B
Q4 24
$95.4B
$3.3B
Q3 24
$94.7B
$3.2B
Q2 24
$88.8B
$3.1B
Q1 24
$84.5B
$2.9B
Debt / Equity
FNF
FNF
MLI
MLI
Q4 25
0.59×
Q3 25
0.53×
Q2 25
0.56×
Q1 25
0.56×
Q4 24
0.56×
Q3 24
0.52×
Q2 24
0.58×
Q1 24
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
FNF
FNF
MLI
MLI
Operating Cash FlowLast quarter
$1.5B
$141.2M
Free Cash FlowOCF − Capex
$121.4M
FCF MarginFCF / Revenue
12.6%
Capex IntensityCapex / Revenue
2.1%
Cash ConversionOCF / Net Profit
0.92×
TTM Free Cash FlowTrailing 4 quarters
$686.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FNF
FNF
MLI
MLI
Q4 25
$1.5B
$141.2M
Q3 25
$1.3B
$310.1M
Q2 25
$1.9B
$190.6M
Q1 25
$1.1B
$113.6M
Q4 24
$1.5B
$140.1M
Q3 24
$2.4B
$231.4M
Q2 24
$1.4B
$100.8M
Q1 24
$1.6B
$173.6M
Free Cash Flow
FNF
FNF
MLI
MLI
Q4 25
$121.4M
Q3 25
$291.8M
Q2 25
$176.5M
Q1 25
$97.0M
Q4 24
$111.2M
Q3 24
$205.7M
Q2 24
$91.6M
Q1 24
$157.2M
FCF Margin
FNF
FNF
MLI
MLI
Q4 25
12.6%
Q3 25
27.1%
Q2 25
15.5%
Q1 25
9.7%
Q4 24
12.0%
Q3 24
20.6%
Q2 24
9.2%
Q1 24
18.5%
Capex Intensity
FNF
FNF
MLI
MLI
Q4 25
2.1%
Q3 25
1.7%
Q2 25
1.2%
Q1 25
1.7%
Q4 24
3.1%
Q3 24
2.6%
Q2 24
0.9%
Q1 24
1.9%
Cash Conversion
FNF
FNF
MLI
MLI
Q4 25
0.92×
Q3 25
3.66×
1.49×
Q2 25
6.82×
0.78×
Q1 25
13.43×
0.72×
Q4 24
3.32×
1.02×
Q3 24
8.89×
1.37×
Q2 24
4.45×
0.63×
Q1 24
6.42×
1.25×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FNF
FNF

Escrow Fees$241.0M44%
Other Title Related Fees And Income$182.0M33%
Service Link Excluding Title Premiums Escrow Fees And Subservicing Fees$87.0M16%
Insurance Contracts Home Warranty$31.0M6%

MLI
MLI

Tube And Fittings$484.6M50%
Industrial Metals$252.2M26%
Valves And Plumbing Specialties$122.5M13%
Flex Duct And Other HVAC Components$80.8M8%
Other Products$14.9M2%

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