Franco-Nevada Corporation (FNV)

NYSE: FNV · Real-Time Price · USD

239.30

+3.51 (1.49%)

At close: Oct 2, 2026, 4:00 PM EDT

238.00

-1.30 (-0.54%)

After-hours: Oct 2, 2026, 7:59 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	Jun '26 Jun 30, 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	1,478	1,112	552.1	-466.4	700.6	733.7
Depreciation & Amortization	335.5	301.9	225.3	1,446	286.2	231.6
Loss (Gain) From Sale of Assets	-	-	-0.3	-3.7	-	-
Stock-Based Compensation	5.3	6.3	5.4	5.5	8.2	8
Other Operating Activities	-25	104.4	25.6	3.3	15.4	12.4
Change in Accounts Receivable	-90.8	-90.1	-40.8	24.7	-15.9	-26.4
Change in Inventory	-	-	-	-8	-	-
Change in Accounts Payable	53	63.8	46.6	-	-	-
Change in Other Net Operating Assets	21.6	-4.7	15.6	-10.6	5	-3.9
Operating Cash Flow	1,777	1,494	829.5	991.2	999.5	955.4
Operating Cash Flow Growth	51.17%	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	Jun '26 Jun 30, 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	-858	-2,197	-408	-521.6	-141.5	-760.5
Sale (Purchase) of Intangibles	-	-	11.2	7	-	-
Investment in Securities	41.2	49.6	-51.2	-7.8	-46.7	-4.5
Investing Cash Flow	-643.2	-2,033	-537.3	-541.1	-145.5	-765

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	-	-	-	150
Total Debt Issued	175	175	-	-	-	150
Short-Term Debt Repaid	-	-175	-	-	-	-150
Total Debt Repaid	-175	-175	-	-	-	-150
Issuance of Common Stock	4	7.7	2.8	2.9	9.5	0.4
Common Dividends Paid	-299	-275.1	-242.4	-233	-197.6	-179.6
Other Financing Activities	-1.5	-	-0.8	-	-0.9	-1
Financing Cash Flow	-296.5	-267.4	-240.4	-230.1	-189	-180.2

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	16.2	26.3	-22.4	5.4	-7.8	-5.1
Net Cash Flow	853.9	-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	Jun '26 Jun 30, 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	919.4	-703	421.5	469.6	858	194.9
Free Cash Flow Growth	-	-	-10.24%	-45.27%	340.23%	-60.33%
Free Cash Flow Margin	39.96%	-38.97%	38.24%	38.59%	65.32%	15.02%
Free Cash Flow Per Share	4.76	-3.64	2.19	2.44	4.47	1.02
Levered Free Cash Flow	470.28	-1,067	244.7	649.94	699.61	-73.24
Unlevered Free Cash Flow	470.78	-1,066	245.01	650.31	700.24	-72.36

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Cash Interest Paid	4	4	2.1	2.3	2.4	2.4
Cash Income Tax Paid	216.2	162	73.8	88.1	95.1	93.5
Change in Working Capital	-16.2	-31	21.4	6.1	-10.9	-30.3

SEC Filings: 10-K · 10-Q