Franco Nevada (FNV) Gross Margin (2010 - 2026)
Franco Nevada (FNV) reported Gross Margin of 80.88% for Q1 2026, up 990.0% year-over-year from 7.42% in Q1 2025, and up 4.93% quarter-over-quarter from 77.08% in Q4 2025.
Franco Nevada (FNV) Gross Margin (2010 - 2026) Analysis & Trends
Franco Nevada (FNV) has 16 years of Gross Margin data on file, last reported at 80.88% in Q1 2026.
- Gross Margin for Q1 2026 came in at 80.88%, up 990.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 76.58% (up 673.0% YoY), and the FY2025 annual result was 73.91%, up 573.0% from the prior year.
- Gross Margin advanced to 80.88% in Q1 2026 per FNV's latest filing, from 77.08% in the prior quarter.
- Over five years, Gross Margin peaked at 80.88% in Q1 2026 and troughed at 62.2% in Q3 2023.
- A 5-year average of 68.1% and a median of 67.33% in 2022 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2026: Gross Margin plunged 437 bps in 2023, then surged 990 bps in 2026.
- A 5-year view of Gross Margin shows it stood at 62.77% in 2022, then slipped by 1 bps to 62.41% in 2023, then advanced by 13 bps to 70.59% in 2024, then climbed by 9 bps to 77.08% in 2025, then climbed by 5 bps to 80.88% in 2026.
- Business Quant data shows FNV's Gross Margin at 80.88% in Q1 2026, 77.08% in Q4 2025, and 72.48% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | - |
| 2 | Barrick Mining | 996.87 Bn | 999.60 Bn | 3.12 Bn | 59.77% |
| 3 | Wheaton Precious Metals | 410.57 Bn | 409.42 Bn | 699.37 Mn | 77.58% |
| 4 | Alamos Gold | 136.28 Bn | 135.62 Bn | 442.20 Mn | 74.11% |
| 5 | Gold Fields | 128.61 Bn | 126.83 Bn | - | - |
| 6 | Kinross Gold | 103.07 Bn | 100.89 Bn | 1.44 Bn | 59.87% |
| 7 | Newmont | 100.59 Bn | 91.98 Bn | 7.29 Bn | 99.74% |
| 8 | Equinox Gold | 47.64 Bn | 47.14 Bn | - | - |
| 9 | AngloGold Ashanti | 44.52 Bn | 41.55 Bn | 1.94 Bn | 60.04% |
| 10 | Franco Nevada | 506.41 Mn | -164.49 Mn | 526.30 Mn | 80.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 80.88% |
| Dec 31, 2025 | 77.08% |
| Sep 30, 2025 | 72.48% |
| Jun 30, 2025 | 73.61% |
| Mar 31, 2025 | 70.98% |
| Dec 31, 2024 | 70.59% |
| Sep 30, 2024 | 68.77% |
| Jun 30, 2024 | 68.47% |
| Mar 31, 2024 | 64.25% |
| Dec 31, 2023 | 62.41% |
| Sep 30, 2023 | 62.20% |
| Jun 30, 2023 | 62.96% |
| Mar 31, 2023 | 64.10% |
| Dec 31, 2022 | 62.77% |
| Sep 30, 2022 | 63.68% |
| Jun 30, 2022 | 67.33% |
| Mar 31, 2022 | 65.11% |
| Jun 30, 2021 | 64.13% |
| Mar 31, 2021 | 63.81% |
| Jun 30, 2020 | 58.90% |