Franco Nevada (FNV) Net Margin (2010 - 2026)

Franco Nevada (FNV) reported Net Margin of 70.43% for Q1 2026, up 1462.0% year-over-year from 4.51% in Q1 2025, and down 10.17% quarter-over-quarter from 78.4% in Q4 2025.

Franco Nevada (FNV) Net Margin (2010 - 2026) Analysis & Trends

Franco Nevada (FNV) has 16 years of Net Margin data on file, last reported at 70.43% in Q1 2026.

  • Net Margin for Q1 2026 came in at 70.43%, up 1462.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 69.41% (up 1545.0% YoY), and the FY2025 annual result was 77.68%, up 909.0% from the prior year.
  • Net Margin declined to 70.43% in Q1 2026 per FNV's latest filing, from 78.4% in the prior quarter.
  • Over five years, Net Margin peaked at 120.08% in Q4 2023 and troughed at 30.57% in Q2 2024.
  • A 5-year average of 61.11% and a median of 55.82% in 2024 frame the typical range for Net Margin.
  • The sharpest annual moves came in 2023 and 2024: Net Margin surged 6858 bps in 2023, then plunged 5086 bps in 2024.
  • A 5-year view of Net Margin shows it stood at 51.5% in 2022, then jumped by 133 bps to 120.08% in 2023, then plunged by 42 bps to 69.22% in 2024, then climbed by 13 bps to 78.4% in 2025, then slipped by 10 bps to 70.43% in 2026.
  • Business Quant data shows FNV's Net Margin at 70.43% in Q1 2026, 78.4% in Q4 2025, and 58.95% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net 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 30.70%
3 Wheaton Precious Metals 410.57 Bn 409.42 Bn 699.37 Mn 76.67%
4 Alamos Gold 136.28 Bn 135.62 Bn 442.20 Mn 52.82%
5 Gold Fields 128.61 Bn 126.83 Bn - -
6 Kinross Gold 103.07 Bn 100.89 Bn 1.44 Bn 35.01%
7 Newmont 100.59 Bn 91.98 Bn 7.29 Bn 41.15%
8 Equinox Gold 47.64 Bn 47.14 Bn - -
9 AngloGold Ashanti 44.52 Bn 41.55 Bn 1.94 Bn 39.59%
10 Franco Nevada 506.41 Mn -164.49 Mn 526.30 Mn 70.43%

Historic Data

Download Data
DateValue
Mar 31, 2026 70.43%
Dec 31, 2025 78.40%
Sep 30, 2025 58.95%
Jun 30, 2025 66.89%
Mar 31, 2025 55.81%
Dec 31, 2024 69.22%
Sep 30, 2024 55.82%
Jun 30, 2024 30.57%
Mar 31, 2024 53.00%
Dec 31, 2023 120.08%
Sep 30, 2023 56.58%
Jun 30, 2023 55.93%
Mar 31, 2023 55.09%
Dec 31, 2022 51.50%
Sep 30, 2022 52.50%
Jun 30, 2022 55.78%
Mar 31, 2022 52.30%
Jun 30, 2021 50.50%
Mar 31, 2021 52.09%
Jun 30, 2020 48.31%