FNV: Franco Nevada Corp Financial Statements
Balance sheet, income statement, and cash flow statements for Franco Nevada Corp (FNV).
$22.64B Market Cap.
FNV Market Cap. (MRY)
FNV Shares Outstanding (MRY)
FNV Assets (MRY)
Total Assets
$6.33B
Total Liabilities
$333.80M
Total Investments
$435.50M
FNV Income (MRY)
Revenue
$1.11B
Net Income
$552.10M
Operating Expense
$40.60M
FNV Cash Flow (MRY)
CF Operations
$829.50M
CF Investing
-$537.30M
CF Financing
-$240.40M
FNV Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $6,330,400,000 (5.61%) | $5,994,100,000 (-9.55%) | $6,626,800,000 (6.71%) | $6,209,900,000 (11.03%) |
Assets Current | $1,716,800,000 (6.28%) | $1,615,300,000 (16.79%) | $1,383,100,000 (84.07%) | $751,400,000 (13.21%) |
Assets Non-Current | $4,613,600,000 (5.36%) | $4,378,800,000 (-16.49%) | $5,243,700,000 (-3.94%) | $5,458,500,000 (10.74%) |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | $5,996,600,000 (3.94%) | $5,769,100,000 (-10.11%) | $6,417,600,000 (6.51%) | $6,025,200,000 (10.68%) |
Property Plant & Equipment Net | $4,098,800,000 (1.78%) | $4,027,100,000 (-18.27%) | $4,927,500,000 (-4.31%) | $5,149,300,000 (11.17%) |
Cash & Equivalents | $1,451,300,000 (2.07%) | $1,421,900,000 (18.84%) | $1,196,500,000 (121.86%) | $539,300,000 (0.95%) |
Accumulated Other Comprehensive Income | -$282,000,000 (-46.88%) | -$192,000,000 (17.84%) | -$233,700,000 (-124.07%) | -$104,300,000 (10.01%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $435,500,000 (55.93%) | $279,300,000 (22.93%) | $227,200,000 (-17.56%) | $275,600,000 (15.60%) |
Investments Current | $5,900,000 (0%) | $0 (0%) | $0 (0%) | $39,700,000 (0%) |
Investments Non-Current | $429,600,000 (53.81%) | $279,300,000 (22.93%) | $227,200,000 (-3.69%) | $235,900,000 (-1.05%) |
Inventory | $96,800,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $151,800,000 (36.76%) | $111,000,000 (-18.20%) | $135,700,000 (13.27%) | $119,800,000 (28.27%) |
Trade & Non-Trade Payables | $28,700,000 (-7.12%) | $30,900,000 (-28.31%) | $43,100,000 (28.27%) | $33,600,000 (-17.65%) |
Accumulated Retained Earnings (Deficit) | $486,500,000 (129.16%) | $212,300,000 (-77.42%) | $940,400,000 (93.94%) | $484,900,000 (1509.59%) |
Tax Assets | $30,800,000 (-16.76%) | $37,000,000 (-7.27%) | $39,900,000 (-19.23%) | $49,400,000 (9.53%) |
Tax Liabilities | $296,600,000 (57.43%) | $188,400,000 (17.68%) | $160,100,000 (10.41%) | $145,000,000 (39.56%) |
Total Debt | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Debt Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Debt Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Liabilities | $333,800,000 (48.36%) | $225,000,000 (7.55%) | $209,200,000 (13.26%) | $184,700,000 (23.88%) |
Liabilities Current | $67,500,000 (72.19%) | $39,200,000 (-21.91%) | $50,200,000 (16.20%) | $43,200,000 (-18.80%) |
Liabilities Non-Current | $266,300,000 (43.33%) | $185,800,000 (16.86%) | $159,000,000 (12.37%) | $141,500,000 (47.55%) |
FNV Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $1,113,600,000 (-8.65%) | $1,219,000,000 (-7.35%) | $1,315,700,000 (1.21%) | $1,300,000,000 (27.43%) |
Cost of Revenue | $354,300,000 (-21.68%) | $452,400,000 (-2.31%) | $463,100,000 (-3.10%) | $477,900,000 (19.53%) |
Selling General & Administrative Expense | $26,600,000 (8.57%) | $24,500,000 (8.89%) | $22,500,000 (14.80%) | $19,600,000 (2.08%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $40,600,000 (-96.60%) | $1,194,600,000 (3644.83%) | $31,900,000 (182.64%) | -$38,600,000 (-113.60%) |
Interest Expense | $2,600,000 (-10.34%) | $2,900,000 (-9.38%) | $3,200,000 (-11.11%) | $3,600,000 (2.86%) |
Income Tax Expense | $211,800,000 (107.24%) | $102,200,000 (-23.22%) | $133,100,000 (7.25%) | $124,100,000 (833.08%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $552,100,000 (218.37%) | -$466,400,000 (-166.57%) | $700,600,000 (-4.51%) | $733,700,000 (124.92%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $552,100,000 (218.37%) | -$466,400,000 (-166.57%) | $700,600,000 (-4.51%) | $733,700,000 (124.92%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $552,100,000 (218.37%) | -$466,400,000 (-166.57%) | $700,600,000 (-4.51%) | $733,700,000 (124.92%) |
Weighted Average Shares | $192,400,000 (0.21%) | $192,000,000 (0.26%) | $191,500,000 (0.21%) | $191,100,000 (0.42%) |
Weighted Average Shares Diluted | $192,600,000 (0.16%) | $192,300,000 (0.21%) | $191,900,000 (0.21%) | $191,500,000 (0.42%) |
Earning Before Interest & Taxes (EBIT) | $766,500,000 (312.15%) | -$361,300,000 (-143.17%) | $836,900,000 (-2.84%) | $861,400,000 (151.14%) |
Gross Profit | $759,300,000 (-0.95%) | $766,600,000 (-10.09%) | $852,600,000 (3.71%) | $822,100,000 (32.51%) |
Operating Income | $718,700,000 (267.92%) | -$428,000,000 (-152.15%) | $820,700,000 (-4.65%) | $860,700,000 (155.78%) |
FNV Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$537,300,000 (0.70%) | -$541,100,000 (-271.89%) | -$145,500,000 (80.98%) | -$765,000,000 (-147.57%) |
Net Cash Flow from Financing | -$240,400,000 (-4.48%) | -$230,100,000 (-21.75%) | -$189,000,000 (-4.88%) | -$180,200,000 (-96.30%) |
Net Cash Flow from Operations | $829,500,000 (-16.31%) | $991,200,000 (-0.83%) | $999,500,000 (4.62%) | $955,400,000 (18.85%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $29,400,000 (-86.96%) | $225,400,000 (-65.70%) | $657,200,000 (12786.27%) | $5,100,000 (-98.73%) |
Net Cash Flow - Business Acquisitions and Disposals | - | - | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$140,500,000 (-430.19%) | -$26,500,000 (-562.50%) | -$4,000,000 (11.11%) | -$4,500,000 (-225.00%) |
Capital Expenditure | -$396,800,000 (22.89%) | -$514,600,000 (-263.67%) | -$141,500,000 (81.39%) | -$760,500,000 (-143.28%) |
Issuance (Repayment) of Debt Securities | - | - | $0 (0%) | $0 (0%) |
Issuance (Purchase) of Equity Shares | $2,800,000 (-3.45%) | $2,900,000 (-69.47%) | $9,500,000 (2275.00%) | $400,000 (-99.72%) |
Payment of Dividends & Other Cash Distributions | -$242,400,000 (-4.03%) | -$233,000,000 (-17.91%) | -$197,600,000 (-10.02%) | -$179,600,000 (-15.95%) |
Effect of Exchange Rate Changes on Cash | -$22,400,000 (-514.81%) | $5,400,000 (169.23%) | -$7,800,000 (-52.94%) | -$5,100,000 (-410.00%) |
Share Based Compensation | $5,400,000 (-1.82%) | $5,500,000 (-32.93%) | $8,200,000 (2.50%) | $8,000,000 (42.86%) |
Depreciation Amortization & Accretion | $225,300,000 (-17.50%) | $273,100,000 (-4.58%) | $286,200,000 (-4.47%) | $299,600,000 (24.32%) |
FNV Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 68.20% (8.43%) | 62.90% (-2.93%) | 64.80% (2.53%) | 63.20% (3.95%) |
Profit Margin | 49.60% (229.50%) | -38.30% (-171.99%) | 53.20% (-5.67%) | 56.40% (76.25%) |
EBITDA Margin | 89.10% (1337.50%) | -7.20% (-108.43%) | 85.40% (-4.37%) | 89.30% (56.12%) |
Return on Average Equity (ROAE) | 9.30% (229.17%) | -7.20% (-164.29%) | 11.20% (-11.11%) | 12.60% (100.00%) |
Return on Average Assets (ROAA) | 8.90% (227.14%) | -7.00% (-164.81%) | 10.80% (-12.20%) | 12.30% (98.39%) |
Return on Sales (ROS) | 68.80% (332.43%) | -29.60% (-146.54%) | 63.60% (-4.07%) | 66.30% (97.32%) |
Return on Invested Capital (ROIC) | 16.10% (336.76%) | -6.80% (-144.16%) | 15.40% (-1.28%) | 15.60% (119.72%) |
Dividend Yield | 1.20% (0.00%) | 1.20% (33.33%) | 0.90% (12.50%) | 0.80% (0.00%) |
Price to Earnings Ratio (P/E) | 40.97 (189.85%) | -45.6 (-222.29%) | 37.29 (3.55%) | 36.01 (-50.86%) |
Price to Sales Ratio (P/S) | 20.32 (16.40%) | 17.45 (-12.14%) | 19.86 (-2.28%) | 20.33 (-13.04%) |
Price to Book Ratio (P/B) | 3.77 (2.30%) | 3.69 (-9.47%) | 4.08 (-7.11%) | 4.39 (0.64%) |
Debt to Equity Ratio (D/E) | 0.06 (43.59%) | 0.04 (18.18%) | 0.03 (6.45%) | 0.03 (14.81%) |
Earnings Per Share (EPS) | 2.87 (218.11%) | -2.43 (-166.39%) | 3.66 (-4.69%) | 3.84 (124.56%) |
Sales Per Share (SPS) | 5.79 (-8.84%) | 6.35 (-7.58%) | 6.87 (0.98%) | 6.8 (26.90%) |
Free Cash Flow Per Share (FCFPS) | 2.25 (-9.39%) | 2.48 (-44.60%) | 4.48 (339.22%) | 1.02 (-60.50%) |
Book Value Per Share (BVPS) | 31.17 (3.73%) | 30.05 (-10.34%) | 33.51 (6.29%) | 31.53 (10.22%) |
Tangible Assets Book Value Per Share (TABVPS) | 32.9 (5.39%) | 31.22 (-9.78%) | 34.6 (6.49%) | 32.5 (10.57%) |
Enterprise Value Over EBIT (EV/EBIT) | 28 (150.91%) | -55 (-283.33%) | 30 (0.00%) | 30 (-55.88%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 21.49 (109.48%) | -226.66 (-1114.15%) | 22.35 (-0.56%) | 22.48 (-43.59%) |
Asset Turnover | 0.18 (-2.19%) | 0.18 (-9.85%) | 0.2 (-6.88%) | 0.22 (12.95%) |
Current Ratio | 25.43 (-38.28%) | 41.21 (49.56%) | 27.55 (58.40%) | 17.39 (39.42%) |
Dividends | $1.44 (5.88%) | $1.36 (6.25%) | $1.28 (10.34%) | $1.16 (12.62%) |
Free Cash Flow (FCF) | $432,700,000 (-9.21%) | $476,600,000 (-44.45%) | $858,000,000 (340.23%) | $194,900,000 (-60.33%) |
Enterprise Value (EV) | $21,317,923,766 (6.63%) | $19,991,652,265 (-20.36%) | $25,100,993,616 (-3.80%) | $26,093,274,040 (12.14%) |
Earnings Before Tax (EBT) | $763,900,000 (309.75%) | -$364,200,000 (-143.68%) | $833,700,000 (-2.81%) | $857,800,000 (152.67%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $991,800,000 (1224.49%) | -$88,200,000 (-107.85%) | $1,123,100,000 (-3.26%) | $1,161,000,000 (98.80%) |
Invested Capital | $4,811,600,000 (6.15%) | $4,533,000,000 (-15.75%) | $5,380,100,000 (-4.39%) | $5,627,400,000 (12.42%) |
Working Capital | $1,649,300,000 (4.64%) | $1,576,100,000 (18.25%) | $1,332,900,000 (88.21%) | $708,200,000 (16.00%) |
Tangible Asset Value | $6,330,400,000 (5.61%) | $5,994,100,000 (-9.55%) | $6,626,800,000 (6.71%) | $6,209,900,000 (11.03%) |
Market Capitalization | $22,635,223,766 (6.32%) | $21,288,752,265 (-18.62%) | $26,158,393,616 (-1.06%) | $26,439,974,040 (11.40%) |
Average Equity | $5,912,025,000 (-8.15%) | $6,436,375,000 (2.57%) | $6,275,350,000 (7.93%) | $5,814,250,000 (12.78%) |
Average Assets | $6,207,625,000 (-6.75%) | $6,657,025,000 (2.89%) | $6,470,350,000 (8.30%) | $5,974,225,000 (13.18%) |
Invested Capital Average | $4,756,600,000 (-10.17%) | $5,294,900,000 (-2.87%) | $5,451,500,000 (-1.38%) | $5,527,675,000 (14.26%) |
Shares | 192,492,761 (0.19%) | 192,119,414 (0.24%) | 191,664,666 (0.25%) | 191,192,234 (0.96%) |
