Franco-Nevada/$FNV
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Capital at risk
About Franco-Nevada
Franco-Nevada Corp is a precious-metals-focused royalty and investment company. The company owns a diversified portfolio of precious metals and royalty streams, which is actively managed to generate the bulk of its revenue from gold, silver, and platinum. The company does not operate mines, develop projects, or conduct exploration. The company's short-term financial performance is linked to the price of commodities and the amount of production from its portfolio of producing assets. Its long-term performance is affected by the availability of exploration and development capital. The company holds a portfolio of assets, diversified by commodity, revenue type, and stage of a project.
- Ticker
- $FNV
- Sector
- Materials
- Primary listing
- NYSE
- Employees
- 38
- Headquarters
- Toronto, Canada
- Website
- www.franco-nevada.com
Franco-Nevada Metrics
BasicAdvanced
$51B
34.21
$7.65
0.96
$1.64
0.67%
Price and volume
Market cap
$51B
Beta
0.96
52-week high
$285.67
52-week low
$181.50
Average daily volume
798K
Dividend rate
$1.64
Financial strength
Current ratio
9.378
Quick ratio
8.595
Dividend payout ratio (TTM)
20.23%
Interest coverage (TTM)
2,189.75%
Profitability
EBITDA (TTM)
2,087.3
Gross margin (TTM)
92.09%
Net profit margin (TTM)
64.23%
Operating margin (TTM)
76.14%
Effective tax rate (TTM)
21.58%
Revenue per employee (TTM)
$60,550,000
Management effectiveness
Return on assets (TTM)
13.74%
Return on equity (TTM)
19.91%
Valuation
Price to earnings (TTM)
34.208
Price to revenue (TTM)
21.928
Price to book
8.6
Price to tangible book (TTM)
8.6
Price to free cash flow (TTM)
54.875
Free cash flow yield (TTM)
1.82%
Free cash flow per share (TTM)
4.769
Dividend yield (TTM)
0.63%
Forward dividend yield
0.67%
Growth
Revenue change (TTM)
74.17%
Earnings per share change (TTM)
87.69%
3-year revenue growth (CAGR)
23.26%
10-year revenue growth (CAGR)
16.37%
3-year earnings per share growth (CAGR)
30.40%
10-year earnings per share growth (CAGR)
36.62%
3-year dividend per share growth (CAGR)
7.50%
10-year dividend per share growth (CAGR)
6.79%
What the Analysts think about Franco-Nevada
Analyst ratings (Buy, Hold, Sell) for Franco-Nevada stock.
Analyst projections of the future price of Franco-Nevada stock.
Bulls say / Bears say
Franco-Nevada’s second-quarter gold-equivalent sales rose 18% year on year, while first-half revenue, adjusted EBITDA, adjusted earnings and operating cash flow reached records. Management is tracking towards the upper half of its 2026 guidance as Côté, Valentine, Tocantinzinho and other assets contribute more in the second half. (PR Newswire, The Globe and Mail)
The company has substantial financial firepower to add future royalties without taking on debt. It reported $4.3 billion of available capital, and its latest Bullabulling financing could support a project targeting about 150,000 ounces of annual gold production for its first decade. (Newswire, PR Newswire)
Franco-Nevada combines commodity upside with a diversified, asset-light model: no single asset generated more than 10% of second-quarter revenue, while precious metals supplied 86%. Management reported that margin per gold-equivalent ounce had risen 179% since 2022, showing how strongly higher metal prices can flow through the royalty and streaming structure. (Exa, Newswire)
Cobre Panamá is still not operating; only the processing of existing stockpiles has been authorised. A full restart remains a political decision, so investors cannot reliably include the mine’s former long-term contribution in forecasts. (PR Newswire, Selborne Research)
Recent earnings were helped by unusually strong commodity prices, but gold and silver had already retreated from their first-quarter highs by the second-quarter results. A sustained fall below the prices used in the company’s guidance would reduce royalty revenue and could pressure Franco-Nevada’s premium valuation. (The Globe and Mail, PR Newswire)
Some recently acquired assets are currently carrying heavier accounting costs: second-quarter cost of sales rose to $45.9 million from $32.5 million, while depletion increased to $84 million from $64 million. This can temper earnings growth even when revenue is rising, and the shares also trade on a demanding multiple after their strong run. (Exa, Seeking Alpha)
Data summarised monthly by Lightyear AI. Last updated on 15 Sept 2026.
Franco-Nevada Financial Performance
Revenues and expenses
Franco-Nevada Earnings Performance
Company profitability
Upcoming events
Franco-Nevada News
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Funds containing Franco-Nevada
AllUSDGBPEUR
Fund name | Fund size | $FNV weighting |
|---|---|---|
iShares Gold Producers$IAUP | $4.7B | 5.72% |
iShares Gold Producers£SPGP | £3.5B | 5.72% |
SPDR MSCI World Materials€WMAT | €198M | 1.73% |
iShares MSCI Canada€SXR2 | €2.1B | 1.68% |
iShares MSCI Canada£CSCA | £1.8B | 1.68% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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