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. In the quarter to June 2026, revenue grew 57.3%, EPS grew 43.8% and free cash flow grew 143.2%, each against the same quarter a year earlier. Dividend growth for ten consecutive years.

243.38 2.50 +1.04%
Market cap
$46.5B
P/E
31.7×
Fwd P/E
24.5×
Dividend yield
0.70%
F-score
7/9
Altman Z
40.67
Beneish M
−1.97
Dividend safety
65/100

Franco-Nevada Corporation (FNV) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Franco-Nevada Corporation (FNV) trades at a P/E ratio of 31.7×. Over the past ten years it has ranged from 0.0× (December 2024) to 413× (March 2016); the current reading is higher than 13% of that period. That is above the Gold industry median of 22.3× and above the Basic Materials sector median of 19.5×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 35.9× (12.63%)
FY2024 41.1× —
FY2023 0.0× —
FY2022 37.7× 5.08%
FY2021 35.9× (50.70%)
FY2020 72.9× 29.09%
FY2019 56.4× (39.67%)
FY2018 93.6× 24.73%
FY2017 75.0× (13.74%)
FY2016 87.0× (69.59%)

Quarterly newest first

Period P/E ratio Change
Jun 2026 27.2× (21.79%)
Mar 2026 34.7× (3.28%)
Dec 2025 35.9× (23.13%)
Sep 2025 46.7× 16.03%
42 more quarters

Against its own ten years

Low 0.0× High 413×
Ten-year median 57.8×
Current reading's percentile 6

P/E ratio against peers

Company P/E ratio
EQX Equinox Gold Corp. compare 10.7×
AU AngloGold Ashanti PLC compare 12.4×
CDE Coeur Mining, Inc. compare 13.0×
NEM Newmont Corporation compare 14.9×
GFI Gold Fields Limited compare 22.3×
RGLD Royal Gold, Inc. compare 26.0×
WPM Wheaton Precious Metals Corp. compare 29.6×
FNV Franco-Nevada Corporation 31.7×
HMY Harmony Gold Mining Company Limited compare 52.5×
Gold industry median 22.3×
Basic Materials sector median 19.5×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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