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Side-by-side financial comparison of Fidelity National Financial, Inc. (FNF) and Principal Financial Group (PFG). Click either name above to swap in a different company.
Principal Financial Group is the larger business by last-quarter revenue ($750.8M vs $544.0M, roughly 1.4× Fidelity National Financial, Inc.). Principal Financial Group runs the higher net margin — 0.3% vs -21.5%, a 21.8% gap on every dollar of revenue. On growth, Fidelity National Financial, Inc. posted the faster year-over-year revenue change (10.3% vs 4.0%). Over the past eight quarters, Fidelity National Financial, Inc.'s revenue compounded faster (13.7% CAGR vs -58.3%).
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.
Principal Financial GroupPFGEarnings & Financial Report
Principal Financial Group, Inc. (PFG) is an American global financial investment management and insurance company headquartered in Des Moines, Iowa, United States.
FNF vs PFG — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $544.0M | $750.8M |
| Net Profit | $-117.0M | $1.9M |
| Gross Margin | — | — |
| Operating Margin | 82.9% | — |
| Net Margin | -21.5% | 0.3% |
| Revenue YoY | 10.3% | 4.0% |
| Net Profit YoY | -126.0% | 783.0% |
| EPS (diluted) | $-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.
| Q1 26 | — | $750.8M | ||
| Q4 25 | $544.0M | $4.6B | ||
| Q3 25 | $553.0M | $3.7B | ||
| Q2 25 | $547.0M | $3.7B | ||
| Q1 25 | $455.0M | $3.7B | ||
| Q4 24 | $493.0M | $4.8B | ||
| Q3 24 | $506.0M | $3.0B | ||
| Q2 24 | $504.0M | $4.3B |
| Q1 26 | — | $1.9M | ||
| Q4 25 | $-117.0M | $517.0M | ||
| Q3 25 | $358.0M | $213.8M | ||
| Q2 25 | $278.0M | $406.2M | ||
| Q1 25 | $83.0M | $48.1M | ||
| Q4 24 | $450.0M | $905.4M | ||
| Q3 24 | $266.0M | $-220.0M | ||
| Q2 24 | $306.0M | $353.1M |
| Q1 26 | — | — | ||
| 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 26 | — | 0.3% | ||
| Q4 25 | -21.5% | 11.3% | ||
| Q3 25 | 64.7% | 5.8% | ||
| Q2 25 | 50.8% | 11.1% | ||
| Q1 25 | 18.2% | 1.3% | ||
| Q4 24 | 91.3% | 19.1% | ||
| Q3 24 | 52.6% | -7.3% | ||
| Q2 24 | 60.7% | 8.2% |
| Q1 26 | — | — | ||
| Q4 25 | $-0.44 | $2.30 | ||
| Q3 25 | $1.33 | $0.95 | ||
| Q2 25 | $1.02 | $1.79 | ||
| Q1 25 | $0.30 | $0.21 | ||
| Q4 24 | $1.65 | $3.92 | ||
| Q3 24 | $0.97 | $-0.95 | ||
| Q2 24 | $1.12 | $1.49 |
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 | — |
| Total DebtLower is stronger | $4.4B | — |
| Stockholders' EquityBook value | $7.4B | — |
| Total Assets | $109.0B | — |
| Debt / EquityLower = less leverage | 0.59× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $2.6B | $4.4B | ||
| Q3 25 | $3.5B | $5.1B | ||
| Q2 25 | $3.3B | $3.7B | ||
| Q1 25 | $4.5B | $3.9B | ||
| Q4 24 | $3.5B | $4.2B | ||
| Q3 24 | $5.0B | $6.2B | ||
| Q2 24 | $4.9B | $4.8B |
| Q1 26 | — | — | ||
| Q4 25 | $4.4B | $3.9B | ||
| Q3 25 | $4.4B | $3.9B | ||
| Q2 25 | $4.4B | $3.9B | ||
| Q1 25 | $4.4B | $4.3B | ||
| Q4 24 | $4.3B | $4.0B | ||
| Q3 24 | $4.2B | $3.9B | ||
| Q2 24 | $4.2B | $3.9B |
| Q1 26 | — | — | ||
| Q4 25 | $7.4B | $11.9B | ||
| Q3 25 | $8.4B | $11.7B | ||
| Q2 25 | $7.9B | $11.4B | ||
| Q1 25 | $7.9B | $11.2B | ||
| Q4 24 | $7.8B | $11.1B | ||
| Q3 24 | $8.1B | $11.2B | ||
| Q2 24 | $7.3B | $11.0B |
| Q1 26 | — | — | ||
| Q4 25 | $109.0B | $341.4B | ||
| Q3 25 | $106.6B | $334.5B | ||
| Q2 25 | $102.3B | $323.1B | ||
| Q1 25 | $98.2B | $313.0B | ||
| Q4 24 | $95.4B | $313.7B | ||
| Q3 24 | $94.7B | $322.9B | ||
| Q2 24 | $88.8B | $308.8B |
| Q1 26 | — | — | ||
| Q4 25 | 0.59× | 0.33× | ||
| Q3 25 | 0.53× | 0.34× | ||
| Q2 25 | 0.56× | 0.34× | ||
| Q1 25 | 0.56× | 0.39× | ||
| Q4 24 | 0.56× | 0.36× | ||
| Q3 24 | 0.52× | 0.35× | ||
| Q2 24 | 0.58× | 0.36× |
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 | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.5B | $1.7B | ||
| Q3 25 | $1.3B | $1.0B | ||
| Q2 25 | $1.9B | $811.9M | ||
| Q1 25 | $1.1B | $977.3M | ||
| Q4 24 | $1.5B | $1.5B | ||
| Q3 24 | $2.4B | $1.1B | ||
| Q2 24 | $1.4B | $1.4B |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.37× | ||
| Q3 25 | 3.66× | 4.70× | ||
| Q2 25 | 6.82× | 2.00× | ||
| Q1 25 | 13.43× | 20.32× | ||
| Q4 24 | 3.32× | 1.61× | ||
| Q3 24 | 8.89× | — | ||
| Q2 24 | 4.45× | 4.05× |
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% |
PFG
Segment breakdown not available.
