Franco Nevada (FNV) Invested Capital (2010 - 2026)
Franco Nevada (FNV) reported Invested Capital of $8.1 billion for Q1 2026, up 28.83% year-over-year from $6.3 billion in Q1 2025, and up 6.17% quarter-over-quarter from $7.6 billion in Q4 2025.
Franco Nevada (FNV) Invested Capital (2010 - 2026) Analysis & Trends
Franco Nevada (FNV) has 17 years of Invested Capital data on file, last reported at $8.1 billion in Q1 2026.
- Invested Capital for Q1 2026 came in at $8.1 billion, up 28.83% year-over-year; the trailing twelve-month figure through Mar 2026 was $8.1 billion (up 28.83% YoY), and the FY2025 annual result was $7.6 billion, up 27.33% from the prior year.
- Invested Capital advanced to $8.1 billion in Q1 2026 per FNV's latest filing, from $7.6 billion in the prior quarter.
- Over five years, Invested Capital peaked at $8.1 billion in Q1 2026 and troughed at $5.8 billion in Q4 2023.
- A 5-year average of $6.5 billion and a median of $6.3 billion in 2025 frame the typical range for Invested Capital.
- The sharpest annual moves came in 2024 and 2026: Invested Capital slipped 12.49% in 2024, then increased 28.83% in 2026.
- A 5-year view of Invested Capital shows it stood at $6.4 billion in 2022, then retreated by 10.11% to $5.8 billion in 2023, then advanced by 3.94% to $6.0 billion in 2024, then increased by 27.33% to $7.6 billion in 2025, then grew by 6.17% to $8.1 billion in 2026.
- Business Quant data shows FNV's Invested Capital at $8.1 billion in Q1 2026, $7.6 billion in Q4 2025, and $7.0 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | 877.07 Mn |
| 2 | Barrick Mining | 996.87 Bn | 999.60 Bn | 3.12 Bn | 36.77 Bn |
| 3 | Wheaton Precious Metals | 410.57 Bn | 409.42 Bn | 699.37 Mn | 9.24 Bn |
| 4 | Alamos Gold | 136.28 Bn | 135.62 Bn | 442.20 Mn | 174.40 Mn |
| 5 | Gold Fields | 128.61 Bn | 126.83 Bn | - | 11.17 Bn |
| 6 | Kinross Gold | 103.07 Bn | 100.89 Bn | 1.44 Bn | 9.10 Bn |
| 7 | Newmont | 100.59 Bn | 91.98 Bn | 7.29 Bn | 40.18 Bn |
| 8 | Equinox Gold | 47.64 Bn | 47.14 Bn | - | 29.10 Mn |
| 9 | AngloGold Ashanti | 44.52 Bn | 41.55 Bn | 1.94 Bn | 30.00 Mn |
| 10 | Franco Nevada | 506.41 Mn | -164.49 Mn | 526.30 Mn | 8.11 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.11 Bn |
| Dec 31, 2025 | 7.64 Bn |
| Sep 30, 2025 | 7.00 Bn |
| Jun 30, 2025 | 6.60 Bn |
| Mar 31, 2025 | 6.29 Bn |
| Dec 31, 2024 | 6.00 Bn |
| Sep 30, 2024 | 5.99 Bn |
| Jun 30, 2024 | 5.85 Bn |
| Mar 31, 2024 | 5.82 Bn |
| Dec 31, 2023 | 5.77 Bn |
| Sep 30, 2023 | 6.77 Bn |
| Jun 30, 2023 | 6.68 Bn |
| Mar 31, 2023 | 6.53 Bn |
| Dec 31, 2022 | 6.42 Bn |
| Sep 30, 2022 | 6.25 Bn |
| Jun 30, 2022 | 6.23 Bn |
| Mar 31, 2022 | 6.21 Bn |
| Dec 31, 2021 | 6.06 Bn |
| Jun 30, 2021 | 5.80 Bn |
| Mar 31, 2021 | 5.60 Bn |