Franco Nevada (FNV) Gross Margin (2010 - 2026)
Franco Nevada's (FNV) quarterly Gross Margin came in at 77.64% in Q2 2026, up 403.0% year-over-year from 15.44% in Q2 2025, and down 4.01% quarter-over-quarter from 80.88% in Q1 2026.
Powered by 
Analysis
Franco Nevada (FNV) Gross Margin (2010 - 2026) Analysis & Trends
Franco Nevada (FNV) has reported Gross Margin for 17 consecutive years, with 77.64% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 403.0% year-over-year to 77.64% in Q2 2026; TTM through Jun 2026 was 77.32%, a 616.0% increase from a year earlier, with the FY2025 full-year figure at 73.91%, up 573.0% from the prior year.
- Gross Margin was 77.64% for Q2 2026 at Franco Nevada, down from 80.88% 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 68.63% and a median of 67.9% in 2022 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin surged 3765 bps in 2022 and sank 437 bps in 2023, its largest moves.
- Over 5 years, Gross Margin stood at 62.77% in 2022, then decreased by 1 bps to 62.41% in 2023, then gained by 13 bps to 70.59% in 2024, then advanced by 9 bps to 77.08% in 2025, then increased by 1 bps to 77.64% in 2026.
- The last three Gross Margin figures came in at 77.64% (Q2 2026), 80.88% (Q1 2026), and 77.08% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Blackstone | 103.57 Bn | 101.06 Bn | - | - |
| 2 | Kkr | 93.46 Bn | -183.61 Bn | - | - |
| 3 | Apollo Global Management | 77.60 Bn | 52.22 Bn | 10.54 Bn | 94.50% |
| 4 | Brookfield Asset Management | 76.45 Bn | 74.94 Bn | - | - |
| 5 | Wheaton Precious Metals | 71.34 Bn | 71.24 Bn | 687.86 Mn | 74.03% |
| 6 | Franco Nevada | 51.21 Bn | 49.67 Bn | 451.00 Mn | 77.64% |
| 7 | Brookfield | 37.98 Bn | 7.42 Bn | 19.38 Bn | 99.89% |
| 8 | Ares Management | 30.49 Bn | 30.49 Bn | - | - |
| 9 | Carlyle | 15.82 Bn | 14.57 Bn | - | - |
| 10 | Tpg | 8.08 Bn | 7.13 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 77.64% |
| 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% |
| Dec 31, 2021 | 25.11% |
| Jun 30, 2021 | 64.13% |