Franco Nevada (FNV) Operating Margin (2010 - 2026)
Franco Nevada (FNV) reported Operating Margin of 76.73% for the quarter ended Jun 30, 2026, down 6.06 percentage points from 82.78% a year earlier and down 12.07 percentage points from the prior quarter.
Franco Nevada (FNV) Operating Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Franco Nevada's Operating Margin came in at 78.49%, up 6.65 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 74.29%, up 9.04 percentage points from the prior year.
- Operating Margin has a five-year change of +41.31 percentage points (years ended Dec 2020 to Dec 2025).
- By year, Operating Margin came in at 65.25% in the year ended Dec 31, 2024 (+100.36 pp), -35.11% in the year ended Dec 31, 2023 (-97.49 pp), 62.38% in the year ended Dec 31, 2022 (-3.83 pp) and 66.21% in the year ended Dec 31, 2021 (+33.22 pp).
- Five-year quarterly Operating Margin spans a low of -141.11% in the quarter ended Dec 31, 2023 and a high of 88.80% in the quarter ended Mar 31, 2026.
- Year over year, Operating Margin gained in seven of the last eight quarters, with an average year-over-year change of +33.19 percentage points.
- The high point for year-over-year Operating Margin in five years was the quarter ended Dec 31, 2024 (a gain of 208.84 percentage points); the low point was the quarter ended Dec 31, 2023 (a drop of 200.07 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 88.80% (quarter ended Mar 31, 2026), 75.99% (quarter ended Dec 31, 2025) and 69.92% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 165.57 Bn | 111.92 Bn | - | 34.74% |
| 2 | Spdr Gold Trust | 134.78 Bn | -423.22 Bn | - | - |
| 3 | Blackstone | 85.82 Bn | 80.74 Bn | - | - |
| 4 | Kkr | 83.68 Bn | 50.16 Bn | - | - |
| 5 | Brookfield | 82.01 Bn | -83.38 Bn | 4.47 Bn | -53.96% |
| 6 | Brookfield Asset Management | 71.83 Bn | 68.08 Bn | - | - |
| 7 | Apollo Global Management | 68.53 Bn | 6.22 Bn | 10.56 Bn | 16.30% |
| 8 | Wheaton Precious Metals | 61.44 Bn | 56.87 Bn | 687.86 Mn | 71.79% |
| 9 | Franco Nevada | 47.81 Bn | 45.18 Bn | 451.00 Mn | 76.73% |
| 10 | Ameriprise Financial | 43.92 Bn | 5.34 Bn | 4.72 Bn | 24.36% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 76.73% |
| Mar 31, 2026 | 88.80% |
| Dec 31, 2025 | 75.99% |
| Sep 30, 2025 | 69.92% |
| Jun 30, 2025 | 82.78% |
| Mar 31, 2025 | 68.81% |
| Dec 31, 2024 | 67.73% |
| Sep 30, 2024 | 66.01% |
| Jun 30, 2024 | 64.98% |
| Mar 31, 2024 | 61.60% |
| Dec 31, 2023 | -141.11% |
| Sep 30, 2023 | 60.42% |
| Jun 30, 2023 | 60.78% |
| Mar 31, 2023 | 62.29% |
| Dec 31, 2022 | 58.96% |
| Sep 30, 2022 | 61.87% |
| Jun 30, 2022 | 65.74% |
| Mar 31, 2022 | 62.57% |
| Jun 30, 2021 | 59.15% |
| Mar 31, 2021 | 61.99% |
Franco Nevada Operating 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=operating-margin&ticker=FNV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=FNV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();