Franco Nevada (FNV) Tax Rate (2010 - 2026)
Franco Nevada (FNV) posted quarterly Tax Rate of 21.4% for Q1 2026, down 167.0% YoY from 31.94% in Q1 2025, and up 1.48% sequentially from 21.09% in Q3 2025.
Franco Nevada (FNV) Tax Rate (2010 - 2026) Analysis & Trends
Franco Nevada has disclosed Tax Rate across 17 years of filings, most recently posting 21.4% for Q1 2026.
- In Q1 2026, Tax Rate fell 167.0% year-over-year to 21.4%; the TTM figure through Mar 2026 stood at 18.87% (down 708.0% YoY), while the FY2022 annual figure was 15.96%, changed N/A from the prior year.
- Tax Rate advanced to 21.4% in Q1 2026, from 21.09% in the prior quarter.
- Over the last five years, Tax Rate for FNV reached as high as 59.86% in Q2 2024 and fell as low as 13.35% in Q2 2023.
- The 5-year median for Tax Rate is 17.03% (2024), against an average of 21.07%.
- Annual changes were most pronounced in 2024 — Tax Rate soared 4651 bps — and 2025, when it sank 3773 bps.
- A 5-year view of Tax Rate shows it stood at 15.12% in 2022, then retreated by 11 bps to 13.44% in 2023, then surged by 74 bps to 23.35% in 2024, then declined by 10 bps to 21.09% in 2025, then climbed by 1 bps to 21.4% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 21.4%, 21.09%, and 22.14% for Q1 2026, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | -22.87% |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | 85.30% |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 30.63% |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | -16.06% |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | 14.49% |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | -4.28% |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | 21.40% |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | -35.21% |
| 10 | Pan American Silver | 18.70 Bn | 17.09 Bn | 608,000.00 | -28.86% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.40% |
| Mar 31, 2026 | 21.40% |
| Sep 30, 2025 | 21.09% |
| Sep 30, 2025 | 21.09% |
| Jun 30, 2025 | 22.14% |
| Jun 30, 2025 | 22.14% |
| Mar 31, 2025 | 23.07% |
| Mar 31, 2025 | 23.07% |
| Sep 30, 2024 | 23.35% |
| Sep 30, 2024 | 23.35% |
| Jun 30, 2024 | 59.86% |
| Jun 30, 2024 | 59.86% |
| Mar 31, 2024 | 17.56% |
| Mar 31, 2024 | 17.56% |
| Sep 30, 2023 | 13.44% |
| Sep 30, 2023 | 13.44% |
| Jun 30, 2023 | 13.35% |
| Jun 30, 2023 | 13.35% |
| Mar 31, 2023 | 15.83% |
| Mar 31, 2023 | 15.83% |