Franco-Nevada Corporation (FNV)

NYSE: FNV · Real-Time Price · USD

238.65

+7.57 (3.28%)

At close: Aug 7, 2026, 4:00 PM EDT

239.50

+0.85 (0.36%)

After-hours: Aug 7, 2026, 7:55 PM EDT

Franco-Nevada Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,371	1,112	552.1	-466.4	700.6	733.7
Depreciation & Amortization	316.2	306.7	225.3	273.1	286.2	299.6
Stock-Based Compensation	5.3	6.3	5.4	5.5	8.2	8
Other Adjustments	-101.1	-121.4	0.1	1,134	37.2	-32.4
Change in Receivables	-107.3	-90.1	-40.8	24.7	-15.9	-26.4
Changes in Accounts Payable	100.7	63.8	46.6	-10.6	8.2	-1.5
Changes in Other Operating Activities	189.1	216.3	40.8	31.4	-25	-25.6
Operating Cash Flow	1,725	1,494	829.5	991.2	999.5	955.4
Operating Cash Flow Growth	83.57%	80.07%	-16.31%	-0.83%	4.62%	18.85%

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Capital Expenditures	-2.4	-5.1	-2	-1.6	-1.9	-1.8
Purchases of Intangible Assets	-2,136	-2,192	-406	-520	-139.6	-758.7
Proceeds from Sale of Intangible Assets	97.5	-	11.2	7	-	-
Purchases of Investments	-43.3	-60.3	-74.5	-9.8	-48.5	-17.2
Proceeds from Sale of Investments	100.2	109.9	23.3	2	1.8	12.7
Other Investing Activities	-10.2	114.1	-89.3	-18.7	42.7	-
Investing Cash Flow	-1,880	-2,033	-537.3	-541.1	-145.5	-765

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Short-Term Debt Issued	-	175	-	-	-	-
Short-Term Debt Repaid	-	-175	-	-	-	-150
Net Short-Term Debt Issued (Repaid)	-	0	-	-	-	-150
Long-Term Debt Issued	-	-	-	-	-	150
Net Long-Term Debt Issued (Repaid)	-	-	-	-	-	150
Issuance of Common Stock	4.7	7.7	2.8	2.9	9.5	0.4
Net Common Stock Issued (Repurchased)	4.7	7.7	2.8	2.9	9.5	0.4
Common Dividends Paid	-285.4	-275.1	-242.4	-233	-197.6	-179.6
Other Financing Activities	-0.7	-	-0.8	-	-0.9	-1
Financing Cash Flow	-281.4	-267.4	-240.4	-230.1	-189	-180.2

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Foreign Exchange Rate Adjustments	22.7	26.3	-22.4	5.4	-7.8	-5.1
Net Cash Flow	-413.4	-780.4	29.4	225.4	657.2	5.1

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	1,723	1,489	827.5	989.6	997.6	953.6
Free Cash Flow Growth	84.26%	79.89%	-16.38%	-0.80%	4.61%	18.84%
FCF Margin	81.84%	81.67%	74.31%	81.18%	75.82%	73.35%
Free Cash Flow Per Share	8.92	7.71	4.30	5.15	5.20	4.98
Levered Free Cash Flow	1,867	1,604	822	-149.4	952.2	978
Unlevered Free Cash Flow	1,818	1,555	795.04	-231.1	941.28	980.48

SEC Filings: 10-K · 10-Q