Franco Nevada (FNV) Non-Current Deferred Tax Liability (2011 - 2026)
Franco Nevada's Non-Current Deferred Tax Liability came in at $503.8 million for the quarter ended Jun 30, 2026, up 61.7% from $311.6 million a year earlier and up 3.4% from the prior quarter.
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Analysis
Franco Nevada (FNV) Non-Current Deferred Tax Liability (2011 - 2026) Analysis & Trends
As of Dec 31, 2025, Franco Nevada's Non-Current Deferred Tax Liability was $440.7 million, up 85.2% from the prior year.
- Non-Current Deferred Tax Liability has increased in each of the last ten years, with a five-year compound annual growth rate of 36.9% (years ended Dec 2020 to Dec 2025).
- Going back by year, Non-Current Deferred Tax Liability was $238 million in the year ended Dec 31, 2024 (+32.1%), $180.1 million in the year ended Dec 31, 2023 (+17.7%), $153 million in the year ended Dec 31, 2022 (+13.0%) and $135.4 million in the year ended Dec 31, 2021 (+48.0%).
- The figure for the quarter ended Jun 30, 2026 represents the highest quarterly Non-Current Deferred Tax Liability in data going back to the quarter ended Sep 30, 2011.
- Year-over-year, Non-Current Deferred Tax Liability has increased for 24 consecutive quarters, with growth averaging 54.7% over the last eight quarters.
- The year-over-year growth in Non-Current Deferred Tax Liability has ranged between 9.7% (the quarter ended Mar 31, 2023) and 85.2% (the quarter ended Dec 31, 2025) over the last five years.
- Business Quant data shows FNV's Non-Current Deferred Tax Liability at $487 million (quarter ended Mar 31, 2026), $440.7 million (quarter ended Dec 31, 2025) and $369 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 164.03 Bn | 110.39 Bn | - |
| 2 | Spdr Gold Trust | 134.08 Bn | -423.92 Bn | - |
| 3 | Blackstone | 84.38 Bn | 79.31 Bn | - |
| 4 | Brookfield | 81.99 Bn | -83.40 Bn | 4.47 Bn |
| 5 | Kkr | 81.98 Bn | 48.46 Bn | - |
| 6 | Brookfield Asset Management | 71.20 Bn | 67.45 Bn | - |
| 7 | Apollo Global Management | 66.86 Bn | 4.54 Bn | 10.56 Bn |
| 8 | Wheaton Precious Metals | 60.68 Bn | 56.11 Bn | 687.86 Mn |
| 9 | Franco Nevada | 45.90 Bn | 43.27 Bn | 451.00 Mn |
| 10 | Ameriprise Financial | 43.48 Bn | 4.90 Bn | 4.72 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 503.80 Mn |
| Mar 31, 2026 | 487.00 Mn |
| Dec 31, 2025 | 440.70 Mn |
| Sep 30, 2025 | 369.00 Mn |
| Jun 30, 2025 | 311.60 Mn |
| Mar 31, 2025 | 265.10 Mn |
| Dec 31, 2024 | 238.00 Mn |
| Sep 30, 2024 | 242.00 Mn |
| Jun 30, 2024 | 234.10 Mn |
| Mar 31, 2024 | 181.60 Mn |
| Dec 31, 2023 | 180.10 Mn |
| Sep 30, 2023 | 168.70 Mn |
| Jun 30, 2023 | 165.40 Mn |
| Mar 31, 2023 | 159.20 Mn |
| Dec 31, 2022 | 153.00 Mn |
| Sep 30, 2022 | 135.10 Mn |
| Jun 30, 2022 | 135.70 Mn |
| Mar 31, 2022 | 145.10 Mn |
| Dec 31, 2021 | 135.40 Mn |
| Sep 30, 2021 | 108.40 Mn |
API Access
Franco Nevada Non-Current Deferred Tax Liability 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=non-current-deferred-tax-liability&ticker=FNV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-deferred-tax-liability", "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=non-current-deferred-tax-liability&ticker=FNV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();