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
DateValue
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