Franco-Nevada Corporation (FNV)

Franco-Nevada Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,321	1,102	1,217	1,314	1,298	1,017
Revenue Growth (YoY)	17.56%	-9.43%	-7.36%	1.23%	27.55%	20.86%
Cost of Revenue	135.6	126.5	177.2	174.8	175.9	155.9
Gross Profit	1,185	975.7	1,040	1,139	1,122	861.4
Selling, General & Admin	33.1	26.6	23.5	22.5	19.6	28.8
Other Operating Expenses	-54.7	-7.9	-3.9	-0.7	-1.4	-7
Operating Expenses	228.9	252	1,470	318.1	261	520.9
Operating Income	956.5	723.7	-430.7	820.7	860.7	340.5
Interest Expense	-0.6	-0.5	-0.6	-1	-1.4	-1.4
Interest & Investment Income	56.9	69.5	52.3	12.6	3.7	3.7
Currency Exchange Gain (Loss)	-1.9	-14.7	2.3	3.6	-3	-0.1
Other Non Operating Income (Expenses)	0.1	-8.1	9.8	-2.2	-2.2	-1.8
EBT Excluding Unusual Items	1,011	769.9	-366.9	833.7	857.8	340.9
Gain (Loss) on Sale of Investments	-	-	-	-	-	2.6
Gain (Loss) on Sale of Assets	-	0.3	3.7	-	-	-
Asset Writedown	-	-	-	-	-	-4
Other Unusual Items	-8.6	-6.3	-1	-	-	-
Pretax Income	1,002	763.9	-364.2	833.7	857.8	339.5
Income Tax Expense	217.4	211.8	102.2	133.1	124.1	13.3
Net Income	785	552.1	-466.4	700.6	733.7	326.2
Net Income to Common	785	552.1	-466.4	700.6	733.7	326.2
Net Income Growth	-	-	-	-4.51%	124.92%	-5.20%
Shares Outstanding (Basic)	193	192	192	192	191	190
Shares Outstanding (Diluted)	193	193	192	192	192	191
Shares Change (YoY)	0.36%	0.16%	0.21%	0.21%	0.42%	1.44%
EPS (Basic)	4.08	2.87	-2.43	3.66	3.84	1.71
EPS (Diluted)	4.08	2.87	-2.43	3.65	3.83	1.71
EPS Growth	-	-	-	-4.70%	123.98%	-6.56%
Free Cash Flow	-937.6	421.5	469.6	858	194.9	491.3
Free Cash Flow Per Share	-4.86	2.19	2.44	4.47	1.02	2.58
Dividend Per Share	1.480	1.440	1.360	1.280	1.160	1.030
Dividend Growth	5.71%	5.88%	6.25%	10.35%	12.62%	4.04%
Gross Margin	89.73%	88.52%	85.44%	86.69%	86.44%	84.67%
Operating Margin	72.41%	65.66%	-35.39%	62.48%	66.33%	33.47%
Profit Margin	59.42%	50.09%	-38.33%	53.33%	56.54%	32.06%
Free Cash Flow Margin	-70.98%	38.24%	38.59%	65.32%	15.02%	48.30%
EBITDA	1,199	949	1,016	1,107	1,092	839.6
EBITDA Margin	90.77%	86.10%	83.47%	84.27%	84.18%	82.53%
D&A For EBITDA	242.5	225.3	1,446	286.2	231.6	499.1
EBIT	956.5	723.7	-430.7	820.7	860.7	340.5
EBIT Margin	72.41%	65.66%	-35.39%	62.48%	66.33%	33.47%
Effective Tax Rate	21.69%	27.73%	-	15.96%	14.47%	3.92%
Revenue as Reported	1,335	1,114	1,219	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q