Franco-Nevada revenue and financials
Secondary listing. The primary listing is Franco-Nevada · TSX (CAD)
$243.98Change from previous close: +1.33%Absolute change: +$3.20
In the fiscal year ended December 2025, Franco-Nevada reported revenue of $1.82B (+63.69% year over year). Net income was $1.11B, a net margin of 61.0%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +63.69%
- 2025 vs 2024
- Net income growth
- +101.43%
- 2025 vs 2024
- Net margin
- 61.0%
- 2024: 49.6%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1,494 | 830 | 991 | 1,000 | 955 | 804 | 618 | 475 | 489 | 471 |
| Depreciation and amortization | 307 | 225 | 273 | 286 | 300 | 241 | 263 | 248 | 273 | 274 |
| Capital expenditure | -2.4 | -0.2 | -522 | -142 | -761 | — | — | — | — | -0.2 |
| Investing cash flow | -2,033 | -537 | -541 | -146 | -765 | — | — | — | — | — |
| Financing cash flow | -267 | -240 | -230 | -189 | -180 | — | — | — | — | — |
| Dividends paid | -275 | -242 | -233 | -198 | -180 | -155 | -138 | -136 | -126 | -118 |
| Debt issued | 175 | 0.0 | — | 0.0 | 150 | — | — | — | — | — |
| Debt repaid | -175 | 0.0 | — | 0.0 | -150 | — | — | — | — | — |
| Effect of exchange rates | 26.3 | -22.4 | 5.4 | -7.8 | -5.1 | — | — | — | — | — |
| Net change in cash | -780 | 29.4 | 225 | 657 | 5.1 | — | — | — | — | — |
| Free cash flow | -703 | 422 | 470 | 858 | 195 | — | — | — | — | — |
| Levered free cash flow | -1,067 | 245 | 650 | 700 | -73.2 | — | — | — | — | — |