Franco Nevada (FNV) Net Margin (2010 - 2026)
Franco Nevada's Net Margin came in at 60.94% for the quarter ended Jun 30, 2026, down 5.95 percentage points from 66.89% a year earlier and down 9.49 percentage points from the prior quarter.
Franco Nevada (FNV) Net Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Franco Nevada reported Net Margin of 77.35%, up 26.62 percentage points year-over-year; for the year ended Dec 31, 2025, it was 42.22%, up 0.80 percentage points from the prior year.
- Net Margin carries a five-year change of +4.03 percentage points (years ended Dec 2020 to Dec 2025).
- Going back by year, Net Margin was 41.42% in the year ended Dec 31, 2024 (+69.77 pp), -28.36% in the year ended Dec 31, 2023 (-81.61 pp), 53.25% in the year ended Dec 31, 2022 (+11.90 pp) and 41.35% in the year ended Dec 31, 2021 (+3.16 pp).
- The five-year range for quarterly Net Margin is -324.83% (the quarter ended Dec 31, 2023) to 178.50% (the quarter ended Dec 31, 2022).
- Year-over-year, Net Margin increased in six of the last eight quarters, with an average year-over-year change of +61.30 percentage points.
- The fastest year-over-year change in Net Margin over five years came in the quarter ended Dec 31, 2024 (a gain of 346.76 percentage points), and the weakest in the quarter ended Dec 31, 2023 (a drop of 503.32 percentage points).
- Business Quant data shows FNV's Net Margin at 70.43% (quarter ended Mar 31, 2026), 117.96% (quarter ended Dec 31, 2025) and 56.39% (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 166.01 Bn | 112.36 Bn | - | 27.02% |
| 2 | Spdr Gold Trust | 133.03 Bn | -424.98 Bn | - | - |
| 3 | Blackstone | 86.20 Bn | 81.13 Bn | - | 24.37% |
| 4 | Kkr | 83.71 Bn | 50.19 Bn | - | 11.53% |
| 5 | Brookfield | 81.54 Bn | -83.85 Bn | 4.47 Bn | 0.00% |
| 6 | Brookfield Asset Management | 71.09 Bn | 67.34 Bn | - | 51.57% |
| 7 | Apollo Global Management | 68.54 Bn | 6.22 Bn | 10.56 Bn | 11.98% |
| 8 | Wheaton Precious Metals | 61.57 Bn | 57.00 Bn | 687.86 Mn | 58.46% |
| 9 | Franco Nevada | 47.40 Bn | 44.76 Bn | 451.00 Mn | 60.94% |
| 10 | Ameriprise Financial | 43.81 Bn | 5.23 Bn | 4.72 Bn | 22.20% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 60.94% |
| Mar 31, 2026 | 70.43% |
| Dec 31, 2025 | 117.96% |
| Sep 30, 2025 | 56.39% |
| Jun 30, 2025 | 66.89% |
| Mar 31, 2025 | 55.81% |
| Dec 31, 2024 | 21.93% |
| Sep 30, 2024 | 55.82% |
| Jun 30, 2024 | 30.57% |
| Mar 31, 2024 | 53.00% |
| Dec 31, 2023 | -324.83% |
| Sep 30, 2023 | 56.58% |
| Jun 30, 2023 | 55.93% |
| Mar 31, 2023 | 55.09% |
| Dec 31, 2022 | 178.50% |
| 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% |
Franco Nevada Net 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=net-margin&ticker=FNV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=FNV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();