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Side-by-side financial comparison of Fidelity National Financial, Inc. (FNF) and VALMONT INDUSTRIES INC (VMI). Click either name above to swap in a different company.
VALMONT INDUSTRIES INC is the larger business by last-quarter revenue ($1.0B vs $544.0M, roughly 1.9× Fidelity National Financial, Inc.). VALMONT INDUSTRIES INC runs the higher net margin — 10.5% vs -21.5%, a 32.0% gap on every dollar of revenue. On growth, Fidelity National Financial, Inc. posted the faster year-over-year revenue change (10.3% vs 6.2%). Over the past eight quarters, Fidelity National Financial, Inc.'s revenue compounded faster (13.7% CAGR vs -0.5%).
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.
Valmont Industries, Inc. is a large, publicly held American manufacturer of Valley center pivot and linear irrigation equipment, windmill support structures, lighting and traffic poles and steel utility poles.
FNF vs VMI — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $544.0M | $1.0B |
| Net Profit | $-117.0M | $108.0M |
| Gross Margin | — | 30.8% |
| Operating Margin | 82.9% | 15.1% |
| Net Margin | -21.5% | 10.5% |
| Revenue YoY | 10.3% | 6.2% |
| Net Profit YoY | -126.0% | 23.8% |
| EPS (diluted) | $-0.44 | $5.51 |
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 | — | $1.0B | ||
| Q4 25 | $544.0M | $1.0B | ||
| Q3 25 | $553.0M | $1.0B | ||
| Q2 25 | $547.0M | $1.1B | ||
| Q1 25 | $455.0M | $969.3M | ||
| Q4 24 | $493.0M | $1.0B | ||
| Q3 24 | $506.0M | $1.0B | ||
| Q2 24 | $504.0M | $1.0B |
| Q1 26 | — | $108.0M | ||
| Q4 25 | $-117.0M | $168.0M | ||
| Q3 25 | $358.0M | $99.0M | ||
| Q2 25 | $278.0M | $-4.0M | ||
| Q1 25 | $83.0M | $87.3M | ||
| Q4 24 | $450.0M | $77.7M | ||
| Q3 24 | $266.0M | $83.1M | ||
| Q2 24 | $306.0M | $99.7M |
| Q1 26 | — | 30.8% | ||
| Q4 25 | — | 29.8% | ||
| Q3 25 | — | 30.4% | ||
| Q2 25 | — | 30.6% | ||
| Q1 25 | — | 30.0% | ||
| Q4 24 | — | 30.2% | ||
| Q3 24 | — | 29.6% | ||
| Q2 24 | — | 30.8% |
| Q1 26 | — | 15.1% | ||
| Q4 25 | 82.9% | 11.2% | ||
| Q3 25 | 81.9% | 13.5% | ||
| Q2 25 | 69.8% | 2.8% | ||
| Q1 25 | 24.4% | 13.2% | ||
| Q4 24 | — | 11.6% | ||
| Q3 24 | 61.9% | 12.3% | ||
| Q2 24 | 90.9% | 14.2% |
| Q1 26 | — | 10.5% | ||
| Q4 25 | -21.5% | 16.2% | ||
| Q3 25 | 64.7% | 9.5% | ||
| Q2 25 | 50.8% | -0.4% | ||
| Q1 25 | 18.2% | 9.0% | ||
| Q4 24 | 91.3% | 7.5% | ||
| Q3 24 | 52.6% | 8.1% | ||
| Q2 24 | 60.7% | 9.6% |
| Q1 26 | — | $5.51 | ||
| Q4 25 | $-0.44 | $9.02 | ||
| Q3 25 | $1.33 | $4.98 | ||
| Q2 25 | $1.02 | $-1.53 | ||
| Q1 25 | $0.30 | $4.32 | ||
| Q4 24 | $1.65 | $3.85 | ||
| Q3 24 | $0.97 | $4.11 | ||
| Q2 24 | $1.12 | $4.91 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.6B | $160.2M |
| Total DebtLower is stronger | $4.4B | — |
| Stockholders' EquityBook value | $7.4B | $1.7B |
| Total Assets | $109.0B | $3.4B |
| Debt / EquityLower = less leverage | 0.59× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $160.2M | ||
| Q4 25 | $2.6B | $187.1M | ||
| Q3 25 | $3.5B | $226.1M | ||
| Q2 25 | $3.3B | $208.5M | ||
| Q1 25 | $4.5B | $184.4M | ||
| Q4 24 | $3.5B | $164.3M | ||
| Q3 24 | $5.0B | $200.5M | ||
| Q2 24 | $4.9B | $163.1M |
| Q1 26 | — | — | ||
| Q4 25 | $4.4B | $795.7M | ||
| Q3 25 | $4.4B | — | ||
| Q2 25 | $4.4B | — | ||
| Q1 25 | $4.4B | — | ||
| Q4 24 | $4.3B | $730.6M | ||
| Q3 24 | $4.2B | — | ||
| Q2 24 | $4.2B | — |
| Q1 26 | — | $1.7B | ||
| Q4 25 | $7.4B | $1.6B | ||
| Q3 25 | $8.4B | $1.6B | ||
| Q2 25 | $7.9B | $1.5B | ||
| Q1 25 | $7.9B | $1.6B | ||
| Q4 24 | $7.8B | $1.5B | ||
| Q3 24 | $8.1B | $1.5B | ||
| Q2 24 | $7.3B | $1.5B |
| Q1 26 | — | $3.4B | ||
| Q4 25 | $109.0B | $3.4B | ||
| Q3 25 | $106.6B | $3.4B | ||
| Q2 25 | $102.3B | $3.3B | ||
| Q1 25 | $98.2B | $3.4B | ||
| Q4 24 | $95.4B | $3.3B | ||
| Q3 24 | $94.7B | $3.5B | ||
| Q2 24 | $88.8B | $3.5B |
| Q1 26 | — | — | ||
| Q4 25 | 0.59× | 0.49× | ||
| Q3 25 | 0.53× | — | ||
| Q2 25 | 0.56× | — | ||
| Q1 25 | 0.56× | — | ||
| Q4 24 | 0.56× | 0.47× | ||
| Q3 24 | 0.52× | — | ||
| Q2 24 | 0.58× | — |
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 | $111.2M | ||
| Q3 25 | $1.3B | $112.5M | ||
| Q2 25 | $1.9B | $167.6M | ||
| Q1 25 | $1.1B | $65.1M | ||
| Q4 24 | $1.5B | $193.4M | ||
| Q3 24 | $2.4B | $225.1M | ||
| Q2 24 | $1.4B | $130.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | $70.4M | ||
| Q3 25 | — | $70.6M | ||
| Q2 25 | — | $135.6M | ||
| Q1 25 | — | $34.8M | ||
| Q4 24 | — | $167.8M | ||
| Q3 24 | — | $204.6M | ||
| Q2 24 | — | $112.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | 6.8% | ||
| Q3 25 | — | 6.7% | ||
| Q2 25 | — | 12.9% | ||
| Q1 25 | — | 3.6% | ||
| Q4 24 | — | 16.2% | ||
| Q3 24 | — | 20.1% | ||
| Q2 24 | — | 10.8% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.9% | ||
| Q3 25 | — | 4.0% | ||
| Q2 25 | — | 3.0% | ||
| Q1 25 | — | 3.1% | ||
| Q4 24 | — | 2.5% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | 1.8% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.66× | ||
| Q3 25 | 3.66× | 1.14× | ||
| Q2 25 | 6.82× | — | ||
| Q1 25 | 13.43× | 0.75× | ||
| Q4 24 | 3.32× | 2.49× | ||
| Q3 24 | 8.89× | 2.71× | ||
| Q2 24 | 4.45× | 1.31× |
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% |
VMI
| Infrastructure | $803.2M | 78% |
| Agriculture | $226.0M | 22% |
