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.
Follow FNV
Franco-Nevada Corporation (FNV) 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
Embed this chart
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 | Free account |
Against its own ten years
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)