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Franco-Nevada (FNV) Financials

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$237.62 +5.51 (+2.37%)
As of 03:50 PM Eastern
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Annual Income Statements for Franco-Nevada

Annual Income Statements for Franco-Nevada

This table shows Franco-Nevada's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders
186 313 52 386 390 752 572 -466 595 1,033
Consolidated Net Income / (Loss)
122 195 139 344 326 734 701 -466 552 1,112
Net Income / (Loss) Continuing Operations
152 237 121 357 377 768 674 -463 595 1,033
Total Pre-Tax Income
336 470 380 819 679 1,716 1,658 -778 764 1,391
Total Operating Income
155 235 189 410 337 861 821 -428 778 1,312
Total Gross Profit
231 260 287 436 620 822 853 767 759 1,654
Total Revenue
610 675 653 844 1,020 1,300 1,316 1,219 1,174 1,823
Operating Revenue
610 675 653 844 1,020 1,300 1,316 1,219 1,174 1,823
Total Cost of Revenue
380 415 366 408 400 478 463 452 354 169
Operating Cost of Revenue
380 415 366 408 400 478 463 452 354 169
Total Operating Expenses
75 25 99 26 284 -39 32 1,195 41 342
Selling, General & Admin Expense
21 25 23 29 19 20 23 28 33 35
Depreciation Expense
- - - - - - - - - 307
Total Other Income / (Expense), net
59 43 -18 8.50 54 21 -23 68 29 25
Other Income / (Expense), net
-8.10 2.70 1.90 5.70 9.80 -1.60 4.30 18 28 25
Income Tax Expense
46 41 50 62 13 124 133 102 212 304
Basic Earnings per Share
$0.70 $1.06 $0.75 $1.83 $1.71 $3.84 $3.66 ($2.43) - $5.77
Weighted Average Basic Shares Outstanding
- 185.93M 186.10M 187.70M 190.30M 191.10M 191.50M 192M 192.55M 192.80M
Diluted Earnings per Share
$0.69 $1.06 $0.75 $1.83 $1.71 $3.83 $3.65 ($2.43) - $5.76
Weighted Average Diluted Shares Outstanding
- 185.93M 186.40M 188M 190.70M 191.50M 191.90M 192.30M 192.55M 192.80M
Weighted Average Basic & Diluted Shares Outstanding
- 185.93M 186.69M 189.38M 190.96M 191.33M 191.89M 192.18M 192.55M 385.70M

Quarterly Income Statements for Franco-Nevada

No quarterly income statements for Franco-Nevada are available.


Annual Cash Flow Statements for Franco-Nevada

This table details how cash moves in and out of Franco-Nevada's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents
104 258 -441 801 402 1,040 657 225 29 -780
Net Cash From Operating Activities
522 869 475 616 804 1,000 1,000 768 460 1,409
Net Cash From Continuing Operating Activities
522 869 336 616 804 1,000 895 768 460 1,409
Net Income / (Loss) Continuing Operations
122 195 139 344 326 734 701 -466 552 1,112
Consolidated Net Income / (Loss)
122 195 139 344 326 734 701 -466 552 1,112
Depreciation Expense
274 273 248 263 241 300 286 273 225 307
Non-Cash Adjustments To Reconcile Net Income
123 380 -50 -14 237 -70 45 932 -429 -177
Changes in Operating Assets and Liabilities, net
3.50 22 - 23 - 37 -138 29 111 167
Net Cash From Investing Activities
-745 -500 -989 13 -309 13 -146 -520 -406 -2,194
Net Cash From Continuing Investing Activities
-745 -500 -988 13 -311 13 -49 -520 -406 -2,194
Purchase of Property, Plant & Equipment
- - - - 0.00 - -1.90 0.00 -0.20 -2.40
Acquisitions
- - -988 - -311 - - -520 -406 -2,192
Net Cash From Financing Activities
305 -126 78 172 -92 28 -189 0.00 0.00 0.00
Net Cash From Continuing Financing Activities
305 -126 0.00 172 61 28 -191 0.00 0.00 0.00
Effect of Exchange Rate Changes
0.90 31 -5.10 - -1.00 - - 5.40 -22 26
Cash Interest Paid
- - - - - - - 2.30 2.10 4.00
Cash Income Taxes Paid
31 38 29 39 51 94 - 88 74 162

Quarterly Cash Flow Statements for Franco-Nevada

No quarterly cash flow statements for Franco-Nevada are available.


Annual Balance Sheets for Franco-Nevada

This table presents Franco-Nevada's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets
4,222 4,788 4,932 5,281 5,593 6,210 6,627 5,994 6,330 8,241
Total Current Assets
361 616 179 279 664 751 1,383 1,615 1,717 1,021
Cash & Equivalents
253 511 70 132 534 539 1,197 1,422 1,451 671
Accounts Receivable
71 66 76 98 93 120 136 111 152 242
Inventories, net
- - - - - - - 52 97 40
Other Current Assets
- - - - - - - - 11 69
Plant, Property, & Equipment, net
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Noncurrent Assets
3,860 4,172 4,753 5,002 4,929 5,459 5,244 4,354 4,510 7,220
Long-Term Investments
147 203 170 183 238 236 227 255 326 1,141
Noncurrent Deferred & Refundable Income Taxes
21 15 17 6.80 45 49 40 37 31 23
Other Noncurrent Operating Assets
3,692 3,954 4,566 4,812 4,646 5,173 4,977 4,063 4,153 6,056
Total Liabilities & Shareholders' Equity
4,222 4,788 4,932 5,281 5,593 6,210 6,627 5,994 6,330 8,241
Total Liabilities
75 83 300 218 149 185 209 225 334 606
Total Current Liabilities
38 23 25 53 53 43 50 39 68 123
Accounts Payable
21 22 24 42 41 34 43 31 29 45
Current Deferred & Payable Income Tax Liabilities
17 1.10 1.40 12 12 9.60 7.10 8.30 39 78
Total Noncurrent Liabilities
38 60 275 165 96 142 159 186 247 449
Noncurrent Deferred & Payable Income Tax Liabilities
38 60 67 82 92 135 153 180 238 441
Other Noncurrent Operating Liabilities
- - - 2.60 4.40 6.10 6.00 5.70 8.50 8.60
Total Equity & Noncontrolling Interests
4,147 4,706 4,632 5,062 5,444 6,025 6,418 5,769 5,997 7,635
Total Preferred & Common Equity
4,147 4,706 4,632 5,062 5,444 6,025 6,418 5,769 5,997 7,635
Total Common Equity
4,147 4,706 4,632 5,062 5,444 6,025 6,418 5,769 5,997 7,635
Common Stock
42 14 16 14 14 16 16 21 23 22
Retained Earnings
-337 -310 -322 -164 -34 485 940 212 487 1,380
Accumulated Other Comprehensive Income / (Loss)
-225 -107 -220 -178 -116 -104 -234 -192 -282 431
Other Equity Adjustments
4,666 5,108 5,158 5,391 5,580 5,629 5,695 5,728 5,769 5,803

Quarterly Balance Sheets for Franco-Nevada

No quarterly balance sheets for Franco-Nevada are available.


Annual Metrics And Ratios for Franco-Nevada

This table displays calculated financial ratios and metrics derived from Franco-Nevada's official financial filings.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding
- - - - - - - - - 192,798,692.00
DEI Adjusted Shares Outstanding
- - - - - - - - - 192,798,692.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - - - - 5.36
Growth Metrics
- - - - - - - - - -
Profitability Metrics
- - - - - - - - - -
Net Operating Profit after Tax (NOPAT)
134 215 164 379 330 798 755 -300 622 1,025
Return On Investment Capital (ROIC_SIMPLE)
- - - - - - - -5.19% 10.37% 13.43%
Earnings before Interest and Taxes (EBIT)
147 238 191 416 346 859 825 -410 714 1,337
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
421 511 438 679 587 1,159 1,111 -137 939 1,644
Valuation Ratios
- - - - - - - - - -
Leverage & Solvency
- - - - - - - - - -
Liquidity Ratios
- - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
0.00 -30 -445 152 486 259 971 626 560 -702
Efficiency Ratios
- - - - - - - - - -
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
3,746 3,991 4,600 4,827 4,671 5,210 4,994 4,068 4,130 5,857
Increase / (Decrease) in Invested Capital
0.00 245 609 227 -156 539 -216 -926 62 1,727
Book Value per Share
$0.00 $25.31 $24.91 $27.12 $28.75 $31.55 $33.54 $30.06 $31.20 $39.65
Tangible Book Value per Share
$0.00 $25.31 $24.91 $27.12 $28.75 $31.55 $33.54 $30.06 $31.20 $39.65
Total Capital
4,147 4,706 4,840 5,142 5,444 6,025 6,418 5,769 5,997 7,635
Total Debt
0.00 0.00 208 80 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt
0.00 0.00 208 80 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt
-400 -714 -32 -235 -773 -815 -1,424 -1,676 -1,777 -1,812
Capital Expenditures (CapEx)
0.20 0.00 0.00 0.00 0.00 0.00 1.90 0.00 0.00 2.40
Debt-free, Cash-free Net Working Capital (DFCFNWC)
71 83 84 93 76 129 136 154 198 228
Debt-free Net Working Capital (DFNWC)
324 594 154 225 611 708 1,333 1,576 1,649 898
Net Working Capital (NWC)
324 594 154 225 611 708 1,333 1,576 1,649 898
Net Nonoperating Expense (NNE)
12 20 25 35 3.71 65 54 167 70 -87
Net Nonoperating Obligations (NNO)
-400 -714 -32 -235 -773 -815 -1,424 -1,701 -1,867 -1,778
Total Depreciation and Amortization (D&A)
274 273 248 263 241 300 286 273 225 307
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$0.00 $1.06 $0.75 $1.83 $1.71 $3.84 $3.66 ($2.43) $2.87 $5.77
Adjusted Weighted Average Basic Shares Outstanding
0.00 185.93M 186.69M 187.70M 190.30M 191.10M 191.50M 192M 192.40M 192.80M
Adjusted Diluted Earnings per Share
$0.00 $1.06 $0.75 $1.83 $1.71 $3.83 $3.65 ($2.43) $2.87 $5.76
Adjusted Weighted Average Diluted Shares Outstanding
0.00 185.93M 186.69M 188M 190.70M 191.50M 191.90M 192.30M 192.60M 192.80M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 185.93M 186.69M 189.38M 190.96M 191.33M 191.89M 192.18M 192.55M 385.70M
Normalized Net Operating Profit after Tax (NOPAT)
193 215 230 379 587 735 755 522 622 1,025
Debt Service Ratios
- - - - - - - - - -
Payout Ratios
- - - - - - - - - -

Quarterly Metrics And Ratios for Franco-Nevada

No quarterly metrics and ratios for Franco-Nevada are available.



Financials Breakdown Chart

Franco-Nevada Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Franco-Nevada's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Franco-Nevada's net income appears to be on an upward trend, with a most recent value of $1.11 billion in 2025, rising from $122.20 million in 2016. The previous period was $552.10 million in 2024. See Franco-Nevada's forecast for analyst expectations on what's next for the company.

Franco-Nevada's total operating income in 2025 was $1.31 billion, based on the following breakdown:
  • Total Gross Profit: $1.65 billion
  • Total Operating Expenses: $342 million

Over the last 9 years, Franco-Nevada's total revenue changed from $610.20 million in 2016 to $1.82 billion in 2025, a change of 198.7%.

Franco-Nevada's total liabilities were at $606.10 million at the end of 2025, a 81.6% increase from 2024, and a 707.1% increase since 2016.

In the past 9 years, Franco-Nevada's cash and equivalents has ranged from $69.70 million in 2018 to $1.45 billion in 2024, and is currently $670.90 million as of their latest financial filing in 2025.

Over the last 9 years, Franco-Nevada's book value per share changed from 0.00 in 2016 to 39.65 in 2025, a change of 3,965.3%.



Financial statements for NYSE:FNV last updated on 3/24/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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