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

249.28 1.41 −0.56%
Market cap
$48.4B
P/E
32.9×
Fwd P/E
29.0×
Dividend yield
0.67%
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 5 November 2026, Franco-Nevada Corporation (FNV) trades at a P/E ratio of 32.9×. Over the past ten years it has ranged from 0.0× (December 2024) to 413× (March 2016); the current reading is higher than 15% of that period. That is above the Gold industry median of 18.0× and above the Basic Materials sector median of 19.0×.

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 57.1×
Current reading's percentile 8

P/E ratio against peers

Company P/E ratio
EQX Equinox Gold Corp. compare 10.9×
AU AngloGold Ashanti PLC compare 11.9×
NEM Newmont Corporation compare 13.9×
CDE Coeur Mining, Inc. compare 15.8×
GFI Gold Fields Limited compare 22.5×
RGLD Royal Gold, Inc. compare 26.4×
WPM Wheaton Precious Metals Corp. compare 29.3×
FNV Franco-Nevada Corporation 32.9×
HMY Harmony Gold Mining Company Limited compare 52.0×
Gold industry median 18.0×
Basic Materials sector median 19.0×
Market median 17.9×

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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