NYSE · FNV
Franco-Nevada financials
$247.94+0.87%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.82B | $1.11B | $1.22B | $1.32B | $1.30B | $1.02B | $844.1M | $653.2M | $675.0M | $610.2M |
| Gross profit | $1.35B | $759.3M | $766.6M | $852.6M | $822.1M | $620.4M | $436.1M | $287.3M | $260.0M | $504.4M |
| Gross margin | 73.9% | 68.2% | 62.9% | 64.8% | 63.2% | 60.8% | 51.7% | 44.0% | 38.5% | 82.7% |
| Operating income | $1.30B | $718.4M | -$435.6M | $820.0M | $859.3M | $329.5M | $407.3M | $188.7M | $235.1M | $139.0M |
| Net income | $1.11B | $552.1M | -$466.4M | $700.6M | $733.7M | $326.2M | $344.1M | $139.0M | $194.7M | $122.2M |
| Net margin | 61.0% | 49.6% | −38.3% | 53.2% | 56.4% | 32.0% | 40.8% | 21.3% | 28.8% | 20.0% |
| Diluted EPS | $5.76 | $2.87 | $-2.43 | $3.65 | $3.83 | $1.71 | $1.83 | $0.75 | $1.06 | $0.69 |
| EBITDA | $1.60B | $943.7M | $1.01B | $1.11B | $1.09B | $832.6M | $670.5M | $512.4M | $508.1M | $480.3M |
| Operating cash flow | $1.49B | $829.5M | $991.2M | $999.5M | $955.4M | $803.9M | $617.7M | $474.8M | $488.6M | $471.0M |
| Free cash flow | $1.49B | $827.5M | $989.6M | $997.6M | $953.6M | $491.3M | $616.4M | $473.2M | $486.9M | $468.7M |
| Diluted shares | 193.0M | 192.6M | 192.3M | 191.9M | 191.5M | 190.7M | 188.0M | 186.4M | 183.3M | 176.4M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $670.9M | $1.45B | $1.42B | $1.20B | $539.3M | $534.2M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $39.7M | $0.00 |
| Total debt | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total assets | $8.24B | $6.33B | $5.99B | $6.63B | $6.21B | $5.59B |
| Total liabilities | $606.1M | $333.8M | $225.0M | $209.2M | $184.7M | $149.1M |
| Shareholders' equity | $7.64B | $6.00B | $5.77B | $6.42B | $6.03B | $5.44B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology