Franco-Nevada Financial Ratios
NYSE: FNVBasic MaterialsPrecious MetalsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Franco-Nevada ratio analysis
Franco-Nevada earned a net margin of 61.0% in FY 2025, up from 49.6% a year earlier. Gross margin was 73.9% compared with a median of 60.8% over the prior 9 years. Return on equity reached 14.6%, meaning Franco-Nevada generated 0.15 dollars of profit for every dollar of shareholders' equity.
At the end of FY 2025, FNV traded at 36.2 times earnings; across the 9 fiscal years shown, its year-end P/E ranged from 36.1 to 92.3, with a median of 56.4. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Franco-Nevada financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 36.21 | 42.65 | — | 37.39 | 36.11 | 73.29 | 56.41 | 92.29 | 75.42 | 86.61 |
| Price / sales | 22.05 | 21.15 | 17.45 | 19.86 | 20.33 | 23.38 | 22.95 | 19.72 | 21.66 | 17.16 |
| Price / book | 5.26 | 3.93 | 3.69 | 4.07 | 4.39 | 4.38 | 3.83 | 2.78 | 3.11 | 2.53 |
| Gross margin | 73.9% | 68.2% | 62.9% | 64.8% | 63.2% | 60.8% | 51.7% | 44.0% | 38.5% | 37.8% |
| Operating margin | 74.3% | 65.2% | -35.1% | 62.4% | 66.2% | 33.0% | 48.6% | 28.9% | 34.9% | 25.5% |
| Net margin | 61.0% | 49.6% | -38.3% | 53.2% | 56.4% | 32.0% | 40.8% | 21.3% | 28.8% | 20.0% |
| Free cash flow margin | 81.8% | 74.5% | 81.3% | 76.0% | 73.5% | 78.8% | 73.2% | 72.7% | 72.4% | 77.2% |
| Return on equity (ROE) | 14.6% | 9.2% | -8.1% | 10.9% | 12.2% | 6.0% | 6.8% | 3.0% | 4.1% | 2.9% |
| Return on assets (ROA) | 13.5% | 8.7% | -7.8% | 10.6% | 11.8% | 5.8% | 6.5% | 2.8% | 4.1% | 2.9% |
| Debt / equity | — | — | — | — | — | — | 0.02 | 0.04 | — | — |
| Current ratio | 8.30 | 25.43 | 41.21 | 27.55 | 17.39 | 12.48 | 5.22 | 7.14 | 27.27 | 9.61 |
| Revenue growth | 63.7% | -8.6% | -7.3% | 1.2% | 27.4% | 20.9% | 29.2% | -3.2% | 10.6% | — |
| EPS growth | 100.7% | — | -166.6% | -4.7% | 124.0% | -6.6% | 144.0% | -29.2% | 53.6% | — |