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
DateValue
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