Franco-Nevada (FNV) financials
Franco-Nevada revenue and earnings by year
Franco-Nevada's revenue was $1.82 billion in the fiscal year to December 31, 2025, up 63.7% from the year before. Net income was $1.11 billion, 61.0% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 12.9% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.82 | 1.11 | 1.22 | 1.32 | 1.30 | 1.02 | 0.84 | 0.65 | 0.68 | 0.61 |
| Revenue growth | 63.7% | -8.6% | -7.3% | 1.2% | 27.4% | 20.9% | 29.2% | -3.2% | 10.6% | — |
| Gross profit | 1.35 | 0.76 | 0.77 | 0.85 | 0.82 | 0.62 | 0.44 | 0.29 | 0.26 | 0.23 |
| Gross margin | 73.9% | 68.2% | 62.9% | 64.8% | 63.2% | 60.8% | 51.7% | 44.0% | 38.5% | 37.8% |
| Operating income | 1.30 | 0.72 | -0.43 | 0.82 | 0.86 | 0.34 | 0.41 | 0.19 | 0.23 | 0.16 |
| Operating margin | 71.3% | 64.5% | -35.4% | 62.4% | 66.2% | 33.0% | 48.6% | 28.9% | 34.2% | 25.5% |
| Net income | 1.11 | 0.55 | -0.47 | 0.70 | 0.73 | 0.33 | 0.34 | 0.14 | 0.19 | 0.12 |
| Net margin | 61.0% | 49.6% | -38.3% | 53.2% | 56.4% | 32.0% | 40.8% | 21.3% | 28.8% | 20.0% |
| Diluted EPS | $5.76 | $2.86 | -$2.43 | $3.65 | $3.84 | $1.71 | $1.83 | $0.76 | $1.05 | $0.69 |
| Free cash flow | -0.70 | 0.43 | 0.48 | 0.86 | 0.19 | 0.49 | 0.17 | -0.51 | -0.01 | -0.25 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open FNV in Markets.
See also: FNV valuation and P/E history · FNV returns
No forecast, no recommendation. This page describes Franco-Nevada from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.