Franco Nevada (FNV) EV to FCF (2011 - 2026)
Franco Nevada's (FNV) EV to FCF stood at 22.00 in the quarter ended Jun 30, 2026, down 49.4% from 43.52 a year earlier and down 19.0% from the prior quarter.
Franco Nevada (FNV) EV to FCF (2011 - 2026) Analysis & Trends
On a TTM basis, Franco Nevada's EV to FCF came in at 21.09 as of Jun 30, 2026, down 44.7% year-over-year; for the year ended Dec 31, 2025, it came in at 26.26, up 2.8% from the prior year.
- Across earlier years, EV to FCF came in at 25.54 in the year ended Dec 31, 2024 (+27.4%), 20.05 in the year ended Dec 31, 2023 (-19.8%), 25.01 in the year ended Dec 31, 2022 (-7.8%) and 27.13 in the year ended Dec 31, 2021 (-6.8%).
- The figure for the quarter ended Jun 30, 2026 is the lowest quarterly EV to FCF since the quarter ended Dec 31, 2016.
- On a year-over-year basis, EV to FCF has declined for four consecutive quarters, with an average decline of 9.4% over the last six quarters.
- Peak year-over-year performance for EV to FCF in the last five years was growth of 104.8% in the quarter ended Mar 31, 2025, against a decline of 75.9% in the quarter ended Dec 31, 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 27.15 (quarter ended Mar 31, 2026), 26.22 (quarter ended Dec 31, 2025) and 39.91 (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 164.03 Bn | 110.39 Bn | - |
| 2 | Spdr Gold Trust | 134.08 Bn | -423.92 Bn | - |
| 3 | Blackstone | 84.38 Bn | 79.31 Bn | - |
| 4 | Brookfield | 81.99 Bn | -83.40 Bn | 4.47 Bn |
| 5 | Kkr | 81.98 Bn | 48.46 Bn | - |
| 6 | Brookfield Asset Management | 71.20 Bn | 67.45 Bn | - |
| 7 | Apollo Global Management | 66.86 Bn | 4.54 Bn | 10.56 Bn |
| 8 | Wheaton Precious Metals | 60.68 Bn | 56.11 Bn | 687.86 Mn |
| 9 | Franco Nevada | 45.90 Bn | 43.27 Bn | 451.00 Mn |
| 10 | Ameriprise Financial | 43.48 Bn | 4.90 Bn | 4.72 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.00 |
| Mar 31, 2026 | 27.15 |
| Dec 31, 2025 | 26.22 |
| Sep 30, 2025 | 39.91 |
| Jun 30, 2025 | 43.52 |
| Mar 31, 2025 | 60.18 |
| Dec 31, 2024 | 108.90 |
| Sep 30, 2024 | 49.95 |
| Jun 30, 2024 | 31.27 |
| Mar 31, 2024 | 29.39 |
| Jun 30, 2022 | 25.34 |
| Mar 31, 2022 | 37.33 |
| Jun 30, 2021 | 40.67 |
| Mar 31, 2021 | 44.08 |
| Sep 30, 2018 | 27.36 |
| Mar 31, 2018 | 28.02 |
| Dec 31, 2017 | 31.32 |
| Sep 30, 2017 | 29.28 |
| Jun 30, 2017 | 27.80 |
| Mar 31, 2017 | 26.01 |
Franco Nevada EV to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=FNV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "FNV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=FNV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();