Franco-Nevada (FNV) vs Newmont (NEM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Newmont (NEM) has outperformed Franco-Nevada (FNV) over the past year, gaining 30.6% versus a gain of 9.4%. Over five years, NEM leads with a +99.1% price change compared with +69.0% for FNV. Newmont is the larger company by market cap ($120.21 billion vs $46.07 billion), about 2.6 times the size, while Franco-Nevada is growing revenue faster (+63.7% vs +21.3%).
On valuation, Newmont trades at a lower forward P/E (11.2x vs 25.6x for Franco-Nevada). Newmont offers the higher dividend yield (0.90% vs 0.69%). Franco-Nevada converts more of its revenue into profit, with a net margin of 61.0% versus 31.3%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FNV | NEM |
|---|---|---|
| Share price | $238.84 | $114.08 |
| Market cap | $46.07B | $120.21B |
| 1-day change | +0.40% | +0.48% |
| YTD return | +14.77% | +13.71% |
| 1-year return | +9.45% | +30.58% |
| 5-year return | +69.04% | +99.09% |
| P/E ratio (TTM) | 31.22 | 14.39 |
| Forward P/E | 25.56 | 11.25 |
| EPS (TTM) | $7.65 | $7.93 |
| Dividend yield | 0.69% | 0.90% |
| Annual dividend | $1.64 | $1.03 |
| Revenue (latest FY) | $1.82B | $22.67B |
| Revenue growth (YoY) | +63.69% | +21.34% |
| Net income (latest FY) | $1.11B | $7.08B |
| Gross margin | 73.91% | 64.33% |
| Operating margin | 74.29% | — |
| Net margin | 61.01% | 31.25% |
| 52-week high | $285.67 | $135.29 |
| 52-week low | $181.50 | $76.05 |
| Distance from 52-week high | -16.39% | -15.68% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +20.15% | +20.74% |
| Average volume | 795.74K | 7.26M |
| Shares outstanding | 192.87M | 1.05B |
| Employees | — | 17,500 |
| Sector | Basic Materials | Basic Materials |
| Industry | Precious Metals | Precious Metals |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Newmont is about 2.6 times larger than Franco-Nevada by market value ($120.21B vs $46.07B).
- NEM has outperformed FNV by 21.1 percentage points over the past year.
- Franco-Nevada trades at a higher earnings multiple (31.2x vs 14.4x trailing P/E).
- Franco-Nevada is more profitable, keeping 61.0 cents of every revenue dollar as net income versus 31.3 cents for Newmont.
- Franco-Nevada grew revenue faster in its latest fiscal year (+63.69% vs +21.34%).
About Franco-Nevada
FNV stock →Franco-Nevada Corporation operates as a royalty and stream company focused on precious metals in South America, Central America, Mexico, the United States, Canada, Australia, Europe, and Africa. The company operates through Precious Metals, Other Mining and Energy segments.
Basic Materials · Precious Metals
About Newmont
NEM stock →Newmont Corporation operates as a gold producer. It also explores for copper, silver, lead, zinc, and other metals.
Basic Materials · Precious Metals · 17,500 employees
FNV vs NEM FAQ
Which is bigger, Franco-Nevada or Newmont?
Newmont (NEM) is larger, with a market capitalization of $120.21B compared with $46.07B for Franco-Nevada (FNV).
Which stock has performed better over the past year, FNV or NEM?
NEM returned +30.58% over the past 12 months, compared with +9.45% for FNV (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FNV or NEM?
NEM has the lower trailing P/E at 14.4, versus 31.2 for FNV. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Franco-Nevada or Newmont?
Newmont has the higher yield at 0.90%, compared with 0.69% for Franco-Nevada.
Are Franco-Nevada and Newmont in the same industry?
Yes. Both are classified in the Precious Metals industry within the Basic Materials sector.