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) Operating margin
Franco-Nevada Corporation's operating margin over the twelve months to 30 June 2026 was 78.5%, up 4.4 percentage points from fiscal 2025 (74.0%). Over the past ten years it has ranged from 25.7% (fiscal 2015) to 74.0% (fiscal 2025) — the current reading is the highest in ten years. That is above the Gold industry median of 21.9% and above the Basic Materials sector median of 2.88%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 74.0% | 8.78 |
| FY2024 | 65.3% | 4.11 |
| FY2023 | 61.1% | (1.24) |
| FY2022 | 62.4% | 1.40 |
| FY2021 | 61.0% | 2.31 |
| FY2020 | 58.7% | 10.07 |
| FY2019 | 48.6% | 8.06 |
| FY2018 | 40.5% | 5.67 |
| FY2017 | 34.9% | (1.66) |
| FY2016 | 36.5% | 10.79 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 76.7% | (12.07) |
| Mar 2026 | 88.8% | 12.81 |
| Dec 2025 | 76.0% | 6.21 |
| Sep 2025 | 69.8% | (11.89) |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| FNV Franco-Nevada Corporation | 78.5% |
| WPM Wheaton Precious Metals Corp. compare | 72.6% |
| RGLD Royal Gold, Inc. compare | 62.0% |
| NEM Newmont Corporation compare | 51.8% |
| AU AngloGold Ashanti PLC compare | 48.6% |
| EQX Equinox Gold Corp. compare | 35.9% |
| CDE Coeur Mining, Inc. compare | 29.7% |
| GFI Gold Fields Limited compare | 0.00% |
| HMY Harmony Gold Mining Company Limited compare | 0.00% |
| Gold industry median | 21.9% |
| Basic Materials sector median | 2.88% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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
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