Franco Nevada (FNV) Gross Margin (2010 - 2026)
Franco Nevada (FNV) reported Gross Margin of 77.64% for the quarter ended Jun 30, 2026, up 4.03 percentage points from 73.61% a year earlier but down 3.24 percentage points from the prior quarter.
Franco Nevada (FNV) Gross Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Franco Nevada's Gross Margin came in at 77.32%, up 6.16 percentage points year-over-year; for the year ended Dec 31, 2025, it was 73.91%, up 5.73 percentage points from the prior year.
- Gross Margin has a five-year change of +13.10 percentage points (years ended Dec 2020 to Dec 2025).
- By year, Gross Margin came in at 68.18% in the year ended Dec 31, 2024 (+5.30 pp), 62.89% in the year ended Dec 31, 2023 (-1.91 pp), 64.80% in the year ended Dec 31, 2022 (+1.56 pp) and 63.24% in the year ended Dec 31, 2021 (+2.43 pp).
- Five-year quarterly Gross Margin spans a low of 62.20% in the quarter ended Sep 30, 2023 and a high of 80.88% in the quarter ended Mar 31, 2026.
- Year over year, Gross Margin has now increased in each of the last ten quarters, with an average year-over-year change of +6.34 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was the quarter ended Mar 31, 2022 (a gain of 37.60 percentage points); the low point was the quarter ended Jun 30, 2023 (a drop of 4.37 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 80.88% (quarter ended Mar 31, 2026), 77.08% (quarter ended Dec 31, 2025) and 72.48% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 166.01 Bn | 112.36 Bn | - | - |
| 2 | Spdr Gold Trust | 133.03 Bn | -424.98 Bn | - | - |
| 3 | Blackstone | 86.20 Bn | 81.13 Bn | - | - |
| 4 | Kkr | 83.71 Bn | 50.19 Bn | - | - |
| 5 | Brookfield | 81.54 Bn | -83.85 Bn | 4.47 Bn | 23.02% |
| 6 | Brookfield Asset Management | 71.09 Bn | 67.34 Bn | - | - |
| 7 | Apollo Global Management | 68.54 Bn | 6.22 Bn | 10.56 Bn | 94.67% |
| 8 | Wheaton Precious Metals | 61.57 Bn | 57.00 Bn | 687.86 Mn | 74.03% |
| 9 | Franco Nevada | 47.40 Bn | 44.76 Bn | 451.00 Mn | 77.64% |
| 10 | Ameriprise Financial | 43.81 Bn | 5.23 Bn | 4.72 Bn | 94.14% |
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% |
| Jun 30, 2021 | 64.13% |
| Mar 31, 2021 | 27.52% |
Franco Nevada Gross Margin 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=gross-margin&ticker=FNV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=FNV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();