Franco Nevada (FNV) Equity Ratio (2010 - 2026)
Franco Nevada (FNV) reported Equity Ratio of 0.92 for Q1 2026, down 2.57% year-over-year from 0.95 in Q1 2025, and down 0.54% quarter-over-quarter from 0.93 in Q4 2025.
Franco Nevada (FNV) Equity Ratio (2010 - 2026) Analysis & Trends
Franco Nevada (FNV) has 17 years of Equity Ratio data on file, last reported at 0.92 in Q1 2026.
- Equity Ratio for Q1 2026 came in at 0.92, down 2.57% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.92 (down 2.57% YoY), and the FY2025 annual result was 0.93, down 2.2% from the prior year.
- Equity Ratio eased to 0.92 in Q1 2026 per FNV's latest filing, from 0.93 in the prior quarter.
- Over five years, Equity Ratio peaked at 0.97 in Q2 2022 and troughed at 0.92 in Q1 2026.
- A 5-year average of 0.95 and a median of 0.96 in 2024 frame the typical range for Equity Ratio.
- The sharpest annual moves came in 2023 and 2026: Equity Ratio fell 0.09% in 2023, then slipped 2.57% in 2026.
- A 5-year view of Equity Ratio shows it stood at 0.97 in 2022, then fell by 0.62% to 0.96 in 2023, then declined by 1.58% to 0.95 in 2024, then slipped by 2.2% to 0.93 in 2025, then decreased by 0.54% to 0.92 in 2026.
- Business Quant data shows FNV's Equity Ratio at 0.92 in Q1 2026, 0.93 in Q4 2025, and 0.93 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | 0.67 |
| 2 | Barrick Mining | 996.87 Bn | 999.60 Bn | 3.12 Bn | 0.70 |
| 3 | Wheaton Precious Metals | 410.57 Bn | 409.42 Bn | 699.37 Mn | 0.94 |
| 4 | Alamos Gold | 136.28 Bn | 135.62 Bn | 442.20 Mn | - |
| 5 | Gold Fields | 128.61 Bn | 126.83 Bn | - | - |
| 6 | Kinross Gold | 103.07 Bn | 100.89 Bn | 1.44 Bn | 0.71 |
| 7 | Newmont | 100.59 Bn | 91.98 Bn | 7.29 Bn | 0.61 |
| 8 | Equinox Gold | 47.64 Bn | 47.14 Bn | - | - |
| 9 | AngloGold Ashanti | 44.52 Bn | 41.55 Bn | 1.94 Bn | - |
| 10 | Franco Nevada | 506.41 Mn | -164.49 Mn | 526.30 Mn | 0.92 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.92 |
| Dec 31, 2025 | 0.93 |
| Sep 30, 2025 | 0.93 |
| Jun 30, 2025 | 0.94 |
| Mar 31, 2025 | 0.95 |
| Dec 31, 2024 | 0.95 |
| Sep 30, 2024 | 0.95 |
| Jun 30, 2024 | 0.95 |
| Mar 31, 2024 | 0.96 |
| Dec 31, 2023 | 0.96 |
| Sep 30, 2023 | 0.97 |
| Jun 30, 2023 | 0.97 |
| Mar 31, 2023 | 0.97 |
| Dec 31, 2022 | 0.97 |
| Sep 30, 2022 | 0.97 |
| Jun 30, 2022 | 0.97 |
| Mar 31, 2022 | 0.97 |
| Dec 31, 2021 | 0.97 |
| Jun 30, 2021 | 0.97 |
| Mar 31, 2021 | 0.97 |