Franco-Nevada Corporation (FNV)
NYSE: FNV · Real-Time Price · USD
220.26
+5.64 (2.63%)
Aug 4, 2026, 12:26 PM EDT - Market open
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% |
Investing 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 |
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 |
Financing 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 |
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 |
Net Cash Flow
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 |
Free Cash Flow
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 |