Franco-Nevada revenue and financials

FNV · NYSE · USD

Secondary listing. The primary listing is Franco-Nevada · TSX (CAD)

$243.98+1.33%+$3.20

Close · October 6, 2026

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%.

Annual revenue · 2025: $1.82B

$610.2M2016
$675M2017
$653.2M2018
$844.1M2019
$1.02B2020
$1.3B2021
$1.32B2022
$1.22B2023
$1.11B2024
$1.82B2025

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.

Balance sheet · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total assets	8,922	8,798	8,241	7,517	7,021	6,653	6,330	6,300	6,141	6,059	5,994	6,986
Current assets	1,388	1,128	1,021	543	357	1,395	1,717	1,551	1,668	1,570	1,615	1,517
Cash and equivalents	1,014	715	671	237	160	1,128	1,451	1,317	1,439	1,352	1,422	1,297
Receivables	258	280	257	242	187	172	166	134	131	127	111	135
Inventory	0.5	0.7	0.6	0.5	0.4	0.6	7.3	0.5	0.5	5.1	0.5	0.7
Net property, plant and equipment	6,273	6,318	6,054	6,098	5,911	4,550	4,109	4,237	4,037	4,085	4,034	5,164
Long-term investments	1,215	1,322	1,141	774	598	540	326	323	278	257	255	240
Current liabilities	148	183	123	117	84.0	60.9	67.5	66.3	57.3	53.4	39.2	40.2
Accounts payable	38.6	49.7	8.4	66.1	33.6	30.7	5.1	26.2	30.1	41.8	5.5	35.0
Total liabilities	682	691	606	518	419	361	334	313	296	240	225	215
Total equity (incl. minority)	8,241	8,107	7,635	6,999	6,602	6,293	5,997	5,987	5,845	5,820	5,769	6,771
Retained earnings	2,046	1,772	1,380	1,078	807	626	487	380	294	284	212	1,261