Franco Nevada (FNV) Operating Expenses (2011 - 2026)
Franco Nevada (FNV) reported Operating Expenses of $7.8 million for the quarter ended Jun 30, 2026, down 18.8% from $9.6 million a year earlier and down 15.2% from the prior quarter.
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Analysis
Franco Nevada (FNV) Operating Expenses (2011 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Franco Nevada's Operating Expenses came in at $33.3 million, down 3.2% year-over-year; for the year ended Dec 31, 2025, it was $35.3 million, up 8.0% from the prior year.
- Operating Expenses has a five-year compound annual growth rate of -34.1% (years ended Dec 2020 to Dec 2025).
- By year, Operating Expenses came in at $32.7 million in the year ended Dec 31, 2024 (-97.3%), $1.19 billion in the year ended Dec 31, 2023, $31.9 million in the year ended Dec 31, 2022 (+62.8%) and $19.6 million in the year ended Dec 31, 2021 (-93.1%).
- Five-year quarterly Operating Expenses spans a low of $4.5 million in the quarter ended Sep 30, 2021 and a high of $1.18 billion in the quarter ended Dec 31, 2023.
- Year over year, Operating Expenses gained in five of the last eight quarters, with an average decline of 5.6%.
- The high point for year-over-year Operating Expenses in five years was the quarter ended Dec 31, 2022 (growth of 134.6%); the low point was the quarter ended Dec 31, 2024 (a decline of 99.2%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $9.2 million (quarter ended Mar 31, 2026), $7.7 million (quarter ended Dec 31, 2025) and $8.6 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 165.57 Bn | 111.92 Bn | - | 4.62 Bn |
| 2 | Spdr Gold Trust | 134.78 Bn | -423.22 Bn | - | 149.76 Mn |
| 3 | Blackstone | 85.82 Bn | 80.74 Bn | - | 2.38 Bn |
| 4 | Kkr | 83.68 Bn | 50.16 Bn | - | 5.41 Bn |
| 5 | Brookfield | 82.01 Bn | -83.38 Bn | 4.47 Bn | 14.94 Bn |
| 6 | Brookfield Asset Management | 71.83 Bn | 68.08 Bn | - | 659.00 Mn |
| 7 | Apollo Global Management | 68.53 Bn | 6.22 Bn | 10.56 Bn | 8.74 Bn |
| 8 | Wheaton Precious Metals | 61.44 Bn | 56.87 Bn | 687.86 Mn | 133.83 Mn |
| 9 | Franco Nevada | 47.81 Bn | 45.18 Bn | 451.00 Mn | 7.80 Mn |
| 10 | Ameriprise Financial | 43.92 Bn | 5.34 Bn | 4.72 Bn | 3.50 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.80 Mn |
| Mar 31, 2026 | 9.20 Mn |
| Dec 31, 2025 | 7.70 Mn |
| Sep 30, 2025 | 8.60 Mn |
| Jun 30, 2025 | 9.60 Mn |
| Mar 31, 2025 | 8.00 Mn |
| Dec 31, 2024 | 9.20 Mn |
| Sep 30, 2024 | 7.60 Mn |
| Jun 30, 2024 | 9.10 Mn |
| Mar 31, 2024 | 6.80 Mn |
| Dec 31, 2023 | 1.18 Bn |
| Sep 30, 2023 | 5.50 Mn |
| Jun 30, 2023 | 7.20 Mn |
| Mar 31, 2023 | 5.00 Mn |
| Dec 31, 2022 | 12.20 Mn |
| Sep 30, 2022 | 5.50 Mn |
| Jun 30, 2022 | 5.60 Mn |
| Mar 31, 2022 | 8.60 Mn |
| Dec 31, 2021 | 5.20 Mn |
| Sep 30, 2021 | 4.50 Mn |
API Access
Franco Nevada Operating Expenses 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=operating-expenses&ticker=FNV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=FNV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();