FNV Financial Statements

Balance sheet, income statement, cash flow, and dividends for Franco Nevada Corp (FNV).


$22.64B Market Cap.

As of 03/11/2025 5:00 PM ET (MRY) • Disclaimer

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 Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2024

$1.44

1.20%

5.88%

50.17%

1.99

2023

$1.36

1.20%

6.25%

-55.97%

-1.79

2022

$1.28

0.90%

10.34%

34.97%

2.86

2021

$1.16

0.80%

12.62%

30.21%

3.31

2020

$1.03

0.80%

-

60.23%

1.66

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%)