Franco Nevada (FNV) Change in Working Capital (2010 - 2026)
Franco Nevada (FNV) posted quarterly Change in Working Capital of $510.9 million for Q1 2026, up 78.01% YoY from $287.0 million in Q1 2025, and up 22.72% sequentially from $416.3 million in Q4 2025.
Franco Nevada (FNV) Change in Working Capital (2010 - 2026) Analysis & Trends
Franco Nevada has disclosed Change in Working Capital across 17 years of filings, most recently posting $510.9 million for Q1 2026.
- In Q1 2026, Change in Working Capital rose 78.01% year-over-year to $510.9 million; the TTM figure through Mar 2026 stood at $1.7 billion (up 92.28% YoY), while the FY2025 annual figure was $1.5 billion, up 88.68% from the prior year.
- Change in Working Capital advanced to $510.9 million in Q1 2026, from $416.3 million in the prior quarter.
- Over the last five years, Change in Working Capital for FNV reached as high as $510.9 million in Q1 2026 and fell as low as $178.9 million in Q2 2024.
- The 5-year median for Change in Working Capital is $255.3 million (2023), against an average of $284.7 million.
- Annual changes were most pronounced in 2024 — Change in Working Capital retreated 29.93% — and 2025, when it jumped 139.63%.
- A 5-year view of Change in Working Capital shows it stood at $263.6 million in 2022, then dropped by 2.2% to $257.8 million in 2023, then slipped by 8.26% to $236.5 million in 2024, then soared by 76.03% to $416.3 million in 2025, then climbed by 22.72% to $510.9 million in 2026.
- According to Business Quant data, Change in Working Capital over the past three periods registered $510.9 million, $416.3 million, and $392.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | -302.00 Mn |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | - |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | - |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | -10.47 Mn |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | 18.78 Mn |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | -27.35 Mn |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | 510.90 Mn |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | -7.30 Mn |
| 10 | Pan American Silver | 18.70 Bn | 17.09 Bn | 608,000.00 | -29.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 510.90 Mn |
| Mar 31, 2026 | 510.90 Mn |
| Dec 31, 2025 | 416.30 Mn |
| Dec 31, 2025 | 416.30 Mn |
| Sep 30, 2025 | 392.70 Mn |
| Sep 30, 2025 | 392.70 Mn |
| Jun 30, 2025 | 428.70 Mn |
| Jun 30, 2025 | 428.70 Mn |
| Mar 31, 2025 | 287.00 Mn |
| Mar 31, 2025 | 287.00 Mn |
| Dec 31, 2024 | 236.50 Mn |
| Dec 31, 2024 | 236.50 Mn |
| Sep 30, 2024 | 207.00 Mn |
| Sep 30, 2024 | 207.00 Mn |
| Jun 30, 2024 | 178.90 Mn |
| Jun 30, 2024 | 178.90 Mn |
| Mar 31, 2024 | 185.70 Mn |
| Mar 31, 2024 | 185.70 Mn |
| Dec 31, 2023 | 257.80 Mn |
| Dec 31, 2023 | 257.80 Mn |