Fidelity National Financial : FNF Spring 2025 Investor Presentation
FNF
Published on 05/09/2025 at 10:49
Fidelity National Financial
Investor Update
rcJ 2025 Fidelity National Financial
Non-GAAP Financial Measures
Generally Accepted Accounting Principles (GAAP) is the term used to refer to the standard framework of guidelines for financial accounting. GAAP includes the standards, conventions, and rules accountants follow in recording and summarizing transactions and in the preparation of financial statements. In addition to reporting financial results in accordance with GAAP, this presentation includes non-GAAP financial measures, which the Company believes are useful to help investors better understand its financial performance, competitive position and prospects for the future. These non-GAAP financial measures include, adjusted net earnings per share, adjusted pre-tax title earnings, adjusted pre-tax title earnings as a percentage of adjusted title revenue (adjusted pre-tax title margin), adjusted net earnings attributable to common shareholders (adjusted net earnings), assets under management (AUM), average assets under management (AAUM) and sales.
Management believes these non-GAAP financial measures may be useful in certain instances to provide additional meaningful comparisons between current results and results in prior operating periods. Our non-GAAP financial measures may not be comparable to similarly titled measures of other organizations because other organizations may not calculate such non-GAAP financial measures in the same manner as we do.
The presentation of this financial information is not intended to be considered in isolation of or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP. By disclosing these non-GAAP financial measures, FNF believes it offers investors a greater understanding of, and an enhanced level of transparency into, the means by which the Company's management operates the Company.
Any non-GAAP financial measures should be considered in context with the GAAP financial presentation and should not be considered in isolation or as a substitute for GAAP net earnings, net earnings attributable to common shareholders, net earnings per share, or any other measures derived in accordance with GAAP as measures of operating performance or liquidity. Further, FNF's non-GAAP financial measures may be calculated differently from similarly titled measures of other companies. Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP measures are provided herein.
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FNF Overview
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Industry Leading Insurance Solutions Company
Strong track record of technology innovation, market share growth, best in class margins & shareholder value creation
FNF holds #1 market share in the title insurance industry; #1 or #2 share in 40 states
F&G is a Top 10 fixed indexed annuity writer in the industry; well-positioned with diversified growth strategy
Title Insurance
Mortgage & Real
Estate Services
Real Estate Technology
Annuities & Life
Insurance
FNF is the leading provider of title insurance and settlement services to the real estate and mortgage industries
Various mortgage and real estate services companies that provide solutions that complement our title insurance business
Industry leading smart title automation, closing, title, and escrow systems, digital mortgage solutions, real estate marketing and CRM software, and the first end-to-end real estate experience platform
Our majority-owned subsidiary, F&G is a leading provider of insurance solutions serving retail annuity & life customers and institutional clients
Source: ALTA U.S. Market Share and Wink's Annuity Sales & Report for FY2024
1Reflects Total Revenue for 1Q25
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2As of 3/31/2025
3As of 3/31/2025
Disclaimer
Fidelity National Financial Inc. published this content on May 09, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 09, 2025 at 14:48 UTC.