Franco-Nevada (FNV.TO) Stock Price

Franco-Nevada Price

🇨🇦TSX·CLOSED
235.66USD
Market closed
Today +/-
Today %

Franco-Nevada (FNV.TO) Stock | ISIN CA3518581051 | WKN A0M8PX. The current Franco-Nevada stock price is 235.66 USD (2026). Revenue is 2.46 B USD. Net income is 1.63 B USD. The P/E ratio is 27.85. Market capitalization is 45.48 B USD. Franco-Nevada operates in the Commodities sector.

Over the last 18 years Franco-Nevada grew revenue by 42% annually, reaching 1.82 B USD. Earnings per share have grown at 16.8% per year over the last 17 years. For Franco-Nevada, the net margin of 61% is up versus 56.4% a few years ago. At today's price the dividend yield works out to roughly 0.65%. The payout ratio is around 38% of earnings. The dividend has grown at 11.5% per year over the past 17 years.

Franco-Nevada stock price

Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Franco-Nevada over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Franco-Nevada stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Franco-Nevada's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Franco-Nevada Stock Price History
DateFranco-Nevada Price
Access this data via the Eulerpool API

Franco-Nevada Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2007
3.3 M USD
-23.5 M USD
-33.1 M USD
Jan 1, 2008
151 M USD
40.1 M USD
40.3 M USD
Jan 1, 2009
199.7 M USD
87.3 M USD
80.9 M USD
Jan 1, 2010
227.2 M USD
91.4 M USD
62.7 M USD
Jan 1, 2011
411.2 M USD
196.7 M USD
-6.8 M USD
Jan 1, 2012
427 M USD
221.1 M USD
102.6 M USD
Jan 1, 2013
400.9 M USD
193.2 M USD
11.7 M USD
Jan 1, 2014
442.4 M USD
187.8 M USD
106.7 M USD
Jan 1, 2015
443.6 M USD
116.4 M USD
24.6 M USD
Jan 1, 2016
610.2 M USD
206.5 M USD
122.2 M USD
Jan 1, 2017
675 M USD
235.1 M USD
194.7 M USD
Jan 1, 2018
653.2 M USD
264.7 M USD
139 M USD
Jan 1, 2019
844.1 M USD
407.3 M USD
344.1 M USD
Jan 1, 2020
1.02 B USD
591.6 M USD
326.2 M USD
Jan 1, 2021
1.3 B USD
791.3 M USD
733.7 M USD

Franco-Nevada Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 18, 2026, 3:58 AM
 
REVENUE (B USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (B USD)
NET INCOME (B USD)
NET INCOME GROWTH (%)
DIV. (USD)
DIV. GROWTH (%)
SHARES (M)
DOCUMENTS
20222023202420252026e2027e2028e2029e
1.321.221.111.822.462.631.812.57
1.15-7.3-8.763.735.246.53-30.9741.89
64.7962.8468.1973.9354.6751.3174.3452.39
0.850.770.761.351.351.351.351.35
0.7-0.470.551.111.631.751.241.5
-4.5-166.57-218.45101.4546.857.29-29.1120.77
1.281.361.441.521.763.382.43-
10.346.255.885.5615.7992.05-28.11
191.9192192.6193193193193193
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Franco-Nevada generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Franco-Nevada retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Franco-Nevada's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Franco-Nevada has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Franco-Nevada's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Franco-Nevada stock margins

The Franco-Nevada margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Franco-Nevada. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Franco-Nevada.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2007
93.94 %
-712.12 %
-1,003.03 %
Jan 1, 2008
94.64 %
26.56 %
26.69 %
Jan 1, 2009
96.7 %
43.72 %
40.51 %
Jan 1, 2010
87.02 %
40.23 %
27.6 %
Jan 1, 2011
84.61 %
47.84 %
-1.65 %
Jan 1, 2012
86.14 %
51.78 %
24.03 %
Jan 1, 2013
84.98 %
48.19 %
2.92 %
Jan 1, 2014
83.52 %
42.45 %
24.12 %
Jan 1, 2015
79.01 %
26.24 %
5.55 %
Jan 1, 2016
37.79 %
33.84 %
20.03 %
Jan 1, 2017
38.52 %
34.83 %
28.84 %
Jan 1, 2018
43.98 %
40.52 %
21.28 %
Jan 1, 2019
51.66 %
48.25 %
40.77 %
Jan 1, 2020
60.81 %
57.99 %
31.97 %
Jan 1, 2021
63.24 %
60.87 %
56.44 %

Franco-Nevada Stock Revenue, EBIT, Earnings per Share

The Franco-Nevada earnings per share therefore indicates how much revenue Franco-Nevada has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2007
0.04 USD
-0.27 USD
-0.38 USD
Jan 1, 2008
1.53 USD
0.41 USD
0.41 USD
Jan 1, 2009
1.85 USD
0.81 USD
0.75 USD
Jan 1, 2010
1.97 USD
0.79 USD
0.54 USD
Jan 1, 2011
3.28 USD
1.57 USD
-0.05 USD
Jan 1, 2012
2.96 USD
1.53 USD
0.71 USD
Jan 1, 2013
2.71 USD
1.31 USD
0.08 USD
Jan 1, 2014
2.92 USD
1.24 USD
0.7 USD
Jan 1, 2015
2.82 USD
0.74 USD
0.16 USD
Jan 1, 2016
3.46 USD
1.17 USD
0.69 USD
Jan 1, 2017
3.68 USD
1.28 USD
1.06 USD
Jan 1, 2018
3.5 USD
1.42 USD
0.75 USD
Jan 1, 2019
4.49 USD
2.17 USD
1.83 USD
Jan 1, 2020
5.35 USD
3.1 USD
1.71 USD
Jan 1, 2021
6.79 USD
4.13 USD
3.83 USD

Franco-Nevada business model & stock analysis

Franco-Nevada Corp is a company that has been around for over 30 years. The company is based in Toronto, Canada and does business in the entire gold industry, as well as other precious metals and minerals. Franco-Nevada Corp is the world's largest commodity-backed royalty and streaming company. The business model of Franco-Nevada Corp is unique in the mineral and metal industry. Instead of operating their own mines, they buy in advance the rights to the minerals and metals produced in the mines. Franco-Nevada Corp offers upfront money to mine operators to cover their needed capital expenditures and then expects to receive a share of the revenue in return. This gives Franco-Nevada Corp a high level of security and stability compared to companies that operate mines themselves. This type of business model, known as streaming and royalty, has become established in the industry in recent years. The idea behind it is for mine operators to receive the necessary financial means to make the biggest investments, while Franco-Nevada Corp receives a certain production percentage. Royalties are the right to receive a percentage of the revenue from a mine, while streaming refers to the opportunity to purchase a specific volume at a fixed price. Franco-Nevada Corp operates in various sectors, such as the exploration and production of precious metals like gold, silver, and platinum, as well as other minerals like nickel and copper. They divide themselves into five business segments: North America, South America, Europe, Africa, and Asia-Pacific. North America includes Canada and the United States, where the company works closely with producers and developers. The American market is the biggest market for Franco-Nevada Corp. South America includes Chile, Peru, and Brazil and is the company's second-largest market. Europe and Africa mainly focus on non-precious metal business, particularly copper and nickel. The Asia-Pacific region includes Australia, India, Indonesia, and New Zealand. Franco-Nevada Corp offers a wide range of products tailored to the needs of their customers. They provide royalty and streaming agreements for a variety of projects, including mines under construction. The company also has a large amount of operational assets, including various oil and gas reserves. In summary, Franco-Nevada Corp is the largest commodity-backed royalty and streaming company, generating stable business results through collaboration with mining companies and pre-financed resource development. Franco-Nevada Corp is divided into five regions and offers a wide range of products that adapt to the needs of their customers. With over 30 years of experience, the company has become one of the key players in the mineral and metal industry.

Franco-Nevada SWOT Analysis

Strengths

Franco-Nevada Corp boasts a well-diversified portfolio of mining assets across various regions, commodities, and stages of development. This enables the company to mitigate risks associated with individual projects and capitalize on opportunities in different market conditions.

By primarily focusing on streaming and royalty agreements, Franco-Nevada avoids the significant costs and risks associated with traditional mining operations. This business model allows for stable cash flows, lower overhead expenses, and reduced exposure to operational and production uncertainties.

The company is led by an experienced and skilled management team with a strong track record in the mining industry. Their expertise and strategic decision-making abilities contribute to Franco-Nevada's successful portfolio management and long-term growth.

Weaknesses

As a mining company, Franco-Nevada's revenue and profits are heavily influenced by the prices of the commodities it is exposed to. Fluctuations in commodity prices, such as gold and silver, can significantly impact the company's financial performance.

Since Franco-Nevada primarily operates through streaming and royalty agreements, it has limited control over the actual mining operations. This dependency on the performance and decisions of its partners may expose the company to operational risks and potential disputes.

Opportunities

The growing demand for precious metals, such as gold and silver, presents an opportunity for Franco-Nevada to benefit from potential price appreciation and increased streaming and royalty agreements in the mining industry. The company can leverage its assets and expertise to capitalize on this trend.

Franco-Nevada can explore and invest in new exploration and development projects to expand its portfolio. By identifying promising mining ventures, the company can secure additional revenue streams and enhance its position in the industry.

Threats

The inherent volatility of commodity markets, influenced by global economic factors and geopolitical events, poses a threat to Franco-Nevada's financial performance. Sudden price declines or disruptions in supply chains can impact the company's revenue and profitability.

Mining operations face regulatory and environmental challenges that can result in increased compliance costs, delays in project approvals, and potential reputational damage. Franco-Nevada needs to continuously navigate these risks to ensure compliance and sustainable operations.

Franco-Nevada Eulerpool Fair Value

Franco-Nevada historical P/E ratio, EBIT multiple, and P/S ratio

Franco-Nevada annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Franco-Nevada shares outstanding

The number of shares was Franco-Nevada in 2025 — This indicates how many shares 193 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2007
86.1 M base_Shares
Jan 1, 2008
98.6 M base_Shares
Jan 1, 2009
107.8 M base_Shares
Jan 1, 2010
115.1 M base_Shares
Jan 1, 2011
125.4 M base_Shares
Jan 1, 2012
144.3 M base_Shares
Jan 1, 2013
147.8 M base_Shares
Jan 1, 2014
151.5 M base_Shares
Jan 1, 2015
157.4 M base_Shares
Jan 1, 2016
176.4 M base_Shares
Jan 1, 2017
183.3 M base_Shares
Jan 1, 2018
186.4 M base_Shares
Jan 1, 2019
188 M base_Shares
Jan 1, 2020
190.7 M base_Shares
Jan 1, 2021
191.5 M base_Shares

Franco-Nevada Dividend History

19 years of dividend payments · 17 consecutive increases

YearAnnual DividendYoY ChangePayments
20260.44USDYTD
Mar 12, 20260.44USD 15.8%1/1
20251.52USD 5.6%
Mar 13, 20250.38USD 5.6%1/4
Jun 12, 20250.38USD 0.0%2/4
Sep 11, 20250.38USD 0.0%3/4
Dec 4, 20250.38USD 0.0%4/4
20241.44USD 5.9%
20231.36USD 6.3%
20221.28USD 10.3%
20211.16USD 12.6%
20201.03USD 4.0%
20190.99USD 4.2%
20180.95USD 4.4%
20170.91USD 4.6%

Franco-Nevada dividend history and estimates

In 2025, Franco-Nevada paid a dividend amounting to 1.52 USD. Dividend means that Franco-Nevada distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2008
0.24 USD
0 USD
Jan 1, 2009
0.28 USD
0 USD
Invalid Date
0.3 USD
0.15 USD
Jan 1, 2011
0.39 USD
0 USD
Jan 1, 2012
0.54 USD
0 USD
Jan 1, 2013
0.72 USD
0 USD
Invalid Date
0.78 USD
0.02 USD
Jan 1, 2015
0.83 USD
0 USD
Jan 1, 2016
0.87 USD
0 USD
Jan 1, 2017
0.91 USD
0 USD
Jan 1, 2018
0.95 USD
0 USD
Jan 1, 2019
0.99 USD
0 USD
Jan 1, 2020
1.03 USD
0 USD
Jan 1, 2021
1.16 USD
0 USD
Jan 1, 2022
1.28 USD
0 USD

Franco-Nevada dividend payout ratio

In 2025, Franco-Nevada had a payout ratio of 37.55%. The payout ratio indicates the percentage of the company's profits that Franco-Nevada distributes as dividends.
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Payout ratio
Details
Date
Payout ratio
Jan 1, 2007
41.86 %
Jan 1, 2008
58.54 %
Jan 1, 2009
37.33 %
Jan 1, 2010
55.56 %
Jan 1, 2011
-780 %
Jan 1, 2012
76.06 %
Jan 1, 2013
900 %
Jan 1, 2014
111.43 %
Jan 1, 2015
518.75 %
Jan 1, 2016
126.09 %
Jan 1, 2017
85.85 %
Jan 1, 2018
125 %
Jan 1, 2019
54.1 %
Jan 1, 2020
60.23 %
Jan 1, 2021
30.28 %
Price targets and forecasts for Franco-Nevada are not yet available.

Franco-Nevada Earnings Estimates

Franco-Nevada Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
4/30/20240.94USD365.84 MUSD2024 Q1
3/13/20240.86USD315.48 MUSD2023 Q4
8/8/20231.02USD338.88 MUSD2023 Q2
5/2/20230.98USD331.11 MUSD2023 Q1
3/7/20230.9USD333.23 MUSD2022 Q4
11/7/20220.87USD333.2 MUSD2022 Q3
8/10/20220.99USD361.12 MUSD2022 Q2
5/4/20220.96USD343.09 MUSD2022 Q1
3/8/20220.88USD331.02 MUSD2021 Q4
11/3/20210.86USD326.45 MUSD2021 Q3

EESG©

Eulerpool ESG Scorecard© for the Franco-Nevada stock

87/100
99
Environment
99
Social
63
Governance
E

Environment

20
Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy63.9
Scope 3 - Indirect emissions within the value chain615,878.7
Total CO₂ emissions63.9
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees45
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Franco-Nevada shareholder structure

% Name
9.4665%
Fidelity Management & Research Company LLC
Fidelity Management & Research Company LLC
5.57372%
MFS Investment Management
MFS Investment Management
4.27207%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
3.85551%
Van Eck Associates Corporation
Van Eck Associates Corporation
2.87568%
Fidelity Investments Canada ULC
Fidelity Investments Canada ULC
2.69805%
Capital World Investors
Capital World Investors
2.65463%
First Eagle Investment Management, L.L.C.
First Eagle Investment Management, L.L.C.
1.86653%
BMO Asset Management Inc.
BMO Asset Management Inc.
1.73627%
EdgePoint Investment Group Inc.
EdgePoint Investment Group Inc.
1.44619%
Norges Bank Investment Management (NBIM)
Norges Bank Investment Management (NBIM)
...

Franco-Nevada Executives and Management Board

PB

Mr. Paul Brink

(57)

President, Chief Executive Officer, Director

Compensation4.99 M USD
SR

Mr. Sandip Rana

(52)

Chief Financial Officer

Compensation2.63 M USD
LH

Mr. Lloyd Hong

(52)

Chief Legal Officer and Corporate Secretary

Compensation2.52 M USD
EG

Mr. Eaun Gray

(42)

Chief Investment Officer

Compensation2.16 M USD
JO

Mr. Jason O'connell

(46)

Senior Vice President - Diversified

Compensation1.48 M USD

Frequently asked questions about Franco-Nevada

The business model of Franco-Nevada Corp involves providing capital to mining companies in exchange for a royalty or stream on their mineral production. This means that Franco-Nevada does not operate mines itself, but instead, invests in mining projects globally to diversify its portfolio. By financing mining operations, Franco-Nevada becomes entitled to a share of the revenue or production from these projects. This unique business model allows the company to profit from the success of multiple mining operations without being directly involved in their day-to-day operations, providing investors with exposure to the mining industry through a diversified and low-risk approach.

All fundamentals and in-depth analysis of Franco-Nevada

Our stock analysis for Franco-Nevada Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Franco-Nevada Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.