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

252.44 10.30 +4.25%
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) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Franco-Nevada Corporation (FNV) trades at a price to free cash flow of 48.4×. Over the past ten years it has ranged from 0.0× (June 2026) to 1,112× (September 2019); the current reading is higher than 66% of that period. That is above the Gold industry median of 15.5× and above the Basic Materials sector median of 17.7×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 0.0× —
FY2024 52.3× 16.46%
FY2023 44.9× 45.61%
FY2022 30.8× (77.26%)
FY2021 136× 179.31%
FY2020 48.5× (56.81%)
FY2019 112× —
FY2018 0.0× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period Price to free cash flow Change
Jun 2026 39.9× —
Mar 2026 0.0× —
Dec 2025 0.0× —
Sep 2025 0.0× —
42 more quarters

Against its own ten years

Low 0.0× High 1,112×
Ten-year median 27.7×
Current reading's percentile 66

Price to free cash flow against peers

Company Price to free cash flow
WPM Wheaton Precious Metals Corp. compare n/m
GFI Gold Fields Limited compare 6.6×
AU AngloGold Ashanti PLC compare 10.5×
CDE Coeur Mining, Inc. compare 11.5×
NEM Newmont Corporation compare 12.4×
RGLD Royal Gold, Inc. compare 15.0×
HMY Harmony Gold Mining Company Limited compare 20.8×
EQX Equinox Gold Corp. compare 34.2×
FNV Franco-Nevada Corporation 48.4×
Gold industry median 15.5×
Basic Materials sector median 17.7×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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