Franco Nevada (FNV) Return on Capital Employed (2011 - 2026)
Franco Nevada (FNV) reported Return on Capital Employed of 20.13% for Q1 2026, up 735.0% year-over-year from 2.41% in Q1 2025, and up 15.32% quarter-over-quarter from 17.46% in Q4 2025.
Franco Nevada (FNV) Return on Capital Employed (2011 - 2026) Analysis & Trends
Franco Nevada (FNV) has 14 years of Return on Capital Employed data on file, last reported at 20.13% in Q1 2026.
- Return on Capital Employed for Q1 2026 came in at 20.13%, up 735.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 20.13% (up 735.0% YoY), and the FY2025 annual result was 18.91%, up 698.0% from the prior year.
- Return on Capital Employed advanced to 20.13% in Q1 2026 per FNV's latest filing, from 17.46% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 20.13% in Q1 2026 and troughed at 10.84% in Q3 2023.
- A 5-year average of 14.22% and a median of 13.83% in 2022 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2024 and 2026: Return on Capital Employed tumbled 368 bps in 2024, then surged 735 bps in 2026.
- A 5-year view of Return on Capital Employed shows it stood at 12.66% in 2022, then increased by 21 bps to 15.31% in 2023, then decreased by 24 bps to 11.63% in 2024, then surged by 50 bps to 17.46% in 2025, then rose by 15 bps to 20.13% in 2026.
- Business Quant data shows FNV's Return on Capital Employed at 20.13% in Q1 2026, 17.46% in Q4 2025, and 15.63% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | -5.02% |
| 2 | Barrick Mining | 996.87 Bn | 999.60 Bn | 3.12 Bn | 9.05% |
| 3 | Wheaton Precious Metals | 410.57 Bn | 409.42 Bn | 699.37 Mn | 9.04% |
| 4 | Alamos Gold | 136.28 Bn | 135.62 Bn | 442.20 Mn | 22.92% |
| 5 | Gold Fields | 128.61 Bn | 126.83 Bn | - | - |
| 6 | Kinross Gold | 103.07 Bn | 100.89 Bn | 1.44 Bn | - |
| 7 | Newmont | 100.59 Bn | 91.98 Bn | 7.29 Bn | 21.10% |
| 8 | Equinox Gold | 47.64 Bn | 47.14 Bn | - | - |
| 9 | AngloGold Ashanti | 44.52 Bn | 41.55 Bn | 1.94 Bn | - |
| 10 | Franco Nevada | 506.41 Mn | -164.49 Mn | 526.30 Mn | 20.13% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.13% |
| Dec 31, 2025 | 17.46% |
| Sep 30, 2025 | 15.63% |
| Jun 30, 2025 | 14.20% |
| Mar 31, 2025 | 12.78% |
| Dec 31, 2024 | 11.63% |
| Sep 30, 2024 | 15.23% |
| Jun 30, 2024 | 15.59% |
| Mar 31, 2024 | 16.30% |
| Dec 31, 2023 | 15.31% |
| Sep 30, 2023 | 10.84% |
| Jun 30, 2023 | 11.08% |
| Mar 31, 2023 | 11.77% |
| Dec 31, 2022 | 12.66% |
| Sep 30, 2022 | 13.67% |
| Jun 30, 2022 | 13.83% |
| Mar 31, 2022 | 13.64% |
| Jun 30, 2021 | 13.26% |
| Sep 30, 2020 | 5.16% |
| Jun 30, 2020 | 4.23% |