Fidelity Historical Income Statement
| FNF Stock | USD 63.39 0.12 0.19% |
Historical analysis of Fidelity National income statement accounts such as Total Revenue of 8.4 B or Gross Profit of 7.3 B can show how well Fidelity National Financial performed in making a profits. Evaluating Fidelity National income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Fidelity National's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Fidelity National latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Fidelity National is a good buy for the upcoming year.
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About Fidelity Income Statement Analysis
Fidelity National Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Fidelity National shareholders. The income statement also shows Fidelity investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Fidelity National Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Fidelity National generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Fidelity National Financial minus its cost of goods sold. It is profit before Fidelity National operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Fidelity National. It is also known as Fidelity National overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Fidelity National operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Fidelity National Financial is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Fidelity National income statement and is an important metric when analyzing Fidelity National profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most accounts from Fidelity National's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Fidelity National current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity National Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Fidelity National's Operating Income is most likely to increase significantly in the upcoming years. The Fidelity National's current EBIT is estimated to increase to about 1.1 B, while Gross Profit is projected to decrease to roughly 7.3 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 114M | 115M | 174M | 182.7M | Depreciation And Amortization | 645M | 491M | 593M | 622.7M |
Fidelity National income statement Correlations
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Fidelity National income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 171.9K | 296M | 645M | 491M | 593M | 622.7M | |
| Interest Expense | 47M | 90M | 114M | 115M | 174M | 182.7M | |
| Total Revenue | 8.5B | 10.8B | 15.6B | 11.6B | 11.8B | 8.4B | |
| Gross Profit | 6.8B | 9.0B | 13.7B | 9.8B | 10.2B | 7.3B | |
| Other Operating Expenses | 7.1B | 9.0B | 12.6B | 10.0B | 11.2B | 7.4B | |
| Operating Income | 1.4B | 1.7B | 3.1B | 1.6B | 518M | 940.1M | |
| Ebit | 1.5B | 1.9B | 3.2B | 1.8B | 867M | 1.1B | |
| Ebitda | 1.5B | 2.2B | 3.8B | 2.3B | 1.5B | 1.3B | |
| Total Operating Expenses | (7.1B) | (9.0B) | (12.5B) | 8.7B | 9.7B | 10.2B | |
| Income Before Tax | 1.4B | 1.8B | 3.1B | 1.5B | 693M | 953.9M | |
| Total Other Income Expense Net | (1M) | (5.9B) | 649M | (6.5B) | 175M | 166.3M | |
| Net Income | 1.1B | 1.4B | 2.8B | 1.3B | 517M | 712.1M | |
| Income Tax Expense | 308M | 322M | 713M | 398M | 192M | 373.1M | |
| Cost Of Revenue | 1.7B | 1.8B | 1.9B | 1.7B | 1.6B | 1.2B | |
| Net Income Applicable To Common Shares | 2.1B | 1.4B | 2.4B | 1.1B | 1.3B | 987.4M | |
| Minority Interest | 14M | 25M | 20M | (16M) | (49M) | (46.6M) | |
| Selling General Administrative | 2.7B | 3.0B | 3.5B | 3.2B | 2.9B | 2.7B | |
| Net Income From Continuing Ops | 1.1B | 1.5B | 2.4B | 1.2B | 472M | 891.2M | |
| Non Operating Income Net Other | 10M | 5M | 15M | 64M | 57.6M | 34.0M | |
| Tax Provision | 308M | 322M | 713M | 398M | 149M | 141.6M | |
| Interest Income | 225M | 900M | 114M | 115M | 2.3B | 2.4B | |
| Net Interest Income | (47M) | (90M) | (114M) | (115M) | (155M) | (147.3M) | |
| Reconciled Depreciation | 178M | 296M | 645M | 496M | 573M | 433.6M |
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When determining whether Fidelity National is a strong investment it is important to analyze Fidelity National's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fidelity National's future performance. For an informed investment choice regarding Fidelity Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity National Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fidelity National. If investors know Fidelity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fidelity National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.38) | Dividend Share 1.92 | Earnings Share 2.75 | Revenue Per Share 49.972 | Quarterly Revenue Growth 0.294 |
The market value of Fidelity National is measured differently than its book value, which is the value of Fidelity that is recorded on the company's balance sheet. Investors also form their own opinion of Fidelity National's value that differs from its market value or its book value, called intrinsic value, which is Fidelity National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fidelity National's market value can be influenced by many factors that don't directly affect Fidelity National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fidelity National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.