Franco-Nevada Corporation
FNV Basic Materials Gold
Franco-Nevada Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.8 billion, up 63.7% from fiscal 2024.
- Revenue
- +57.3%
- EPS
- +43.8%
- Free cash flow
- +143.2%
Quarter to June 2026, against a year earlier
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Franco-Nevada Corporation (FNV) Gross margin
Franco-Nevada Corporation's gross margin over the twelve months to 30 June 2026 was 77.3%, up 3.4 percentage points from fiscal 2025 (73.9%). Over the past ten years it has ranged from 38.5% (fiscal 2017) to 82.7% (fiscal 2016); the current reading is higher than 82% of that period. That is above the Gold industry median of 49.1% and above the Basic Materials sector median of 25.0%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 73.9% | 5.73 |
| FY2024 | 68.2% | 5.29 |
| FY2023 | 62.9% | (1.91) |
| FY2022 | 64.8% | 1.56 |
| FY2021 | 63.2% | 2.43 |
| FY2020 | 60.8% | 9.15 |
| FY2019 | 51.7% | 7.68 |
| FY2018 | 44.0% | 5.46 |
| FY2017 | 38.5% | (44.14) |
| FY2016 | 82.7% | 3.65 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 77.6% | (3.24) |
| Mar 2026 | 80.9% | 3.80 |
| Dec 2025 | 77.1% | 4.60 |
| Sep 2025 | 72.5% | (1.13) |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| RGLD Royal Gold, Inc. compare | 86.7% |
| FNV Franco-Nevada Corporation | 77.3% |
| WPM Wheaton Precious Metals Corp. compare | 75.3% |
| NEM Newmont Corporation compare | 69.2% |
| AU AngloGold Ashanti PLC compare | 54.8% |
| EQX Equinox Gold Corp. compare | 43.7% |
| GFI Gold Fields Limited compare | 38.7% |
| HMY Harmony Gold Mining Company Limited compare | 15.4% |
| CDE Coeur Mining, Inc. compare | 0.00% |
| Gold industry median | 49.1% |
| Basic Materials sector median | 25.0% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on FNV
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement