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Side-by-side financial comparison of Fidelity National Financial, Inc. (FNF) and Park Hotels & Resorts Inc. (PK). Click either name above to swap in a different company.
Park Hotels & Resorts Inc. is the larger business by last-quarter revenue ($630.0M vs $544.0M, roughly 1.2× Fidelity National Financial, Inc.). Park Hotels & Resorts Inc. runs the higher net margin — 1.9% vs -21.5%, a 23.4% gap on every dollar of revenue. On growth, Fidelity National Financial, Inc. posted the faster year-over-year revenue change (10.3% vs -1.3%). Over the past eight quarters, Fidelity National Financial, Inc.'s revenue compounded faster (13.7% CAGR vs -4.2%).
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.
Park Hotels & Resorts is an American real estate investment trust (REIT) focused on hotel properties, based in Tysons, Virginia. It was formed in 2017 as a spin-off from Hilton Worldwide.
FNF vs PK — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $544.0M | $630.0M |
| Net Profit | $-117.0M | $12.0M |
| Gross Margin | — | — |
| Operating Margin | 82.9% | 9.8% |
| Net Margin | -21.5% | 1.9% |
| Revenue YoY | 10.3% | -1.3% |
| Net Profit YoY | -126.0% | 121.1% |
| EPS (diluted) | $-0.44 | $0.05 |
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 | — | $630.0M | ||
| Q4 25 | $544.0M | $629.0M | ||
| Q3 25 | $553.0M | $610.0M | ||
| Q2 25 | $547.0M | $672.0M | ||
| Q1 25 | $455.0M | $630.0M | ||
| Q4 24 | $493.0M | $625.0M | ||
| Q3 24 | $506.0M | $649.0M | ||
| Q2 24 | $504.0M | $686.0M |
| Q1 26 | — | $12.0M | ||
| Q4 25 | $-117.0M | $-205.0M | ||
| Q3 25 | $358.0M | $-16.0M | ||
| Q2 25 | $278.0M | $-5.0M | ||
| Q1 25 | $83.0M | $-57.0M | ||
| Q4 24 | $450.0M | $66.0M | ||
| Q3 24 | $266.0M | $54.0M | ||
| Q2 24 | $306.0M | $64.0M |
| Q1 26 | — | 9.8% | ||
| Q4 25 | 82.9% | -26.1% | ||
| Q3 25 | 81.9% | 9.7% | ||
| Q2 25 | 69.8% | 9.7% | ||
| Q1 25 | 24.4% | 1.1% | ||
| Q4 24 | — | 13.3% | ||
| Q3 24 | 61.9% | 14.6% | ||
| Q2 24 | 90.9% | 17.6% |
| Q1 26 | — | 1.9% | ||
| Q4 25 | -21.5% | -32.6% | ||
| Q3 25 | 64.7% | -2.6% | ||
| Q2 25 | 50.8% | -0.7% | ||
| Q1 25 | 18.2% | -9.0% | ||
| Q4 24 | 91.3% | 10.6% | ||
| Q3 24 | 52.6% | 8.3% | ||
| Q2 24 | 60.7% | 9.3% |
| Q1 26 | — | $0.05 | ||
| Q4 25 | $-0.44 | $-1.04 | ||
| Q3 25 | $1.33 | $-0.08 | ||
| Q2 25 | $1.02 | $-0.02 | ||
| Q1 25 | $0.30 | $-0.29 | ||
| Q4 24 | $1.65 | $0.32 | ||
| Q3 24 | $0.97 | $0.26 | ||
| Q2 24 | $1.12 | $0.30 |
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 | $156.0M |
| Total DebtLower is stronger | $4.4B | — |
| Stockholders' EquityBook value | $7.4B | $3.1B |
| Total Assets | $109.0B | — |
| Debt / EquityLower = less leverage | 0.59× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $156.0M | ||
| Q4 25 | $2.6B | $232.0M | ||
| Q3 25 | $3.5B | $278.0M | ||
| Q2 25 | $3.3B | $319.0M | ||
| Q1 25 | $4.5B | $233.0M | ||
| Q4 24 | $3.5B | $402.0M | ||
| Q3 24 | $5.0B | $480.0M | ||
| Q2 24 | $4.9B | $449.0M |
| Q1 26 | — | — | ||
| Q4 25 | $4.4B | $3.9B | ||
| Q3 25 | $4.4B | $3.9B | ||
| Q2 25 | $4.4B | $3.9B | ||
| Q1 25 | $4.4B | $3.9B | ||
| Q4 24 | $4.3B | $3.9B | ||
| Q3 24 | $4.2B | $3.9B | ||
| Q2 24 | $4.2B | $3.9B |
| Q1 26 | — | $3.1B | ||
| Q4 25 | $7.4B | $3.1B | ||
| Q3 25 | $8.4B | $3.4B | ||
| Q2 25 | $7.9B | $3.4B | ||
| Q1 25 | $7.9B | $3.5B | ||
| Q4 24 | $7.8B | $3.6B | ||
| Q3 24 | $8.1B | $3.8B | ||
| Q2 24 | $7.3B | $3.8B |
| Q1 26 | — | — | ||
| Q4 25 | $109.0B | $7.7B | ||
| Q3 25 | $106.6B | $8.8B | ||
| Q2 25 | $102.3B | $8.9B | ||
| Q1 25 | $98.2B | $8.9B | ||
| Q4 24 | $95.4B | $9.2B | ||
| Q3 24 | $94.7B | $9.2B | ||
| Q2 24 | $88.8B | $9.2B |
| Q1 26 | — | — | ||
| Q4 25 | 0.59× | 1.23× | ||
| Q3 25 | 0.53× | 1.14× | ||
| Q2 25 | 0.56× | 1.12× | ||
| Q1 25 | 0.56× | 1.11× | ||
| Q4 24 | 0.56× | 1.06× | ||
| Q3 24 | 0.52× | 1.03× | ||
| Q2 24 | 0.58× | 1.03× |
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 | $105.0M | ||
| Q3 25 | $1.3B | $99.0M | ||
| Q2 25 | $1.9B | $108.0M | ||
| Q1 25 | $1.1B | $86.0M | ||
| Q4 24 | $1.5B | $80.0M | ||
| Q3 24 | $2.4B | $140.0M | ||
| Q2 24 | $1.4B | $117.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-3.0M | ||
| Q3 25 | — | $31.0M | ||
| Q2 25 | — | $65.0M | ||
| Q1 25 | — | $9.0M | ||
| Q4 24 | — | $17.0M | ||
| Q3 24 | — | $97.0M | ||
| Q2 24 | — | $66.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | -0.5% | ||
| Q3 25 | — | 5.1% | ||
| Q2 25 | — | 9.7% | ||
| Q1 25 | — | 1.4% | ||
| Q4 24 | — | 2.7% | ||
| Q3 24 | — | 14.9% | ||
| Q2 24 | — | 9.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 17.2% | ||
| Q3 25 | — | 11.1% | ||
| Q2 25 | — | 6.4% | ||
| Q1 25 | — | 12.2% | ||
| Q4 24 | — | 10.1% | ||
| Q3 24 | — | 6.6% | ||
| Q2 24 | — | 7.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 3.66× | — | ||
| Q2 25 | 6.82× | — | ||
| Q1 25 | 13.43× | — | ||
| Q4 24 | 3.32× | 1.21× | ||
| Q3 24 | 8.89× | 2.59× | ||
| Q2 24 | 4.45× | 1.83× |
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% |
PK
| Comparable Hotel Revenues | $617.0M | 98% |
| Other | $13.0M | 2% |
