Franco-Nevada Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 14, 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
Market Cap	38,807	39,021	23,139	20,045	25,198	23,811
Market Cap Growth	23.28%	68.64%	15.43%	-20.45%	5.82%	9.83%
Enterprise Value	38,102	38,366	21,657	18,705	24,043	23,326
PE Ratio	28.31	35.99	41.01	-	37.27	36.14
Forward PE	21.29	30.34	31.36	31.99	35.67	37.91
PEG Ratio	-	1.22	6.12	6.12	6.12	6.12
PS Ratio	18.59	21.92	20.35	17.45	19.84	20.37
PB Ratio	4.79	5.23	3.78	3.69	4.07	4.40
P/TBV Ratio	4.85	7.19	5.43	4.89	5.52	5.56
P/FCF Ratio	-	26.85	27.39	21.49	26.17	27.77
P/OCF Ratio	22.49	26.75	27.32	21.45	26.12	27.72
EV/Sales Ratio	18.25	21.56	19.05	16.28	18.93	19.96
EV/EBITDA Ratio	19.84	23.66	22.29	-	22.50	22.36
EV/EBIT Ratio	23.68	29.02	29.20	-	30.35	30.14
EV/FCF Ratio	-	26.40	25.64	20.05	24.97	27.21
Net Debt / Equity Ratio	-0.09	-0.09	-0.24	-0.25	-0.19	-0.09
Net Debt / EBITDA Ratio	-0.36	-0.40	-1.52	9.18	-1.08	-0.46
Net Debt / FCF Ratio	-0.41	-0.45	-1.75	-1.44	-1.20	-0.57
Asset Turnover	0.25	0.25	0.18	0.19	0.20	0.22
Quick Ratio	5.36	7.42	23.84	39.10	26.54	16.18
Current Ratio	6.16	8.30	25.43	41.21	27.55	17.39
Return on Equity (ROE)	17.42%	16.32%	9.38%	-7.65%	11.26%	12.79%
Return on Assets (ROA)	15.51%	14.60%	8.52%	-8.69%	10.75%	12.47%
Return on Invested Capital (ROIC)	18.41%	18.48%	11.81%	-11.46%	12.88%	14.16%
Return on Capital Employed (ROCE)	20.06%	18.83%	11.89%	-6.83%	12.88%	14.70%
Earnings Yield	3.53%	2.78%	2.44%	-	2.68%	2.77%
FCF Yield	-	3.72%	3.65%	4.65%	3.82%	3.60%
Dividend Yield	0.80%	0.69%	1.07%	1.10%	0.76%	0.68%
Payout Ratio	23.10%	24.74%	43.91%	-49.96%	28.20%	24.48%
Buyback Yield / Dilution	-0.18%	-0.21%	-0.16%	-0.21%	-0.21%	-0.42%
Total Shareholder Return	0.62%	0.48%	0.91%	0.89%	0.55%	0.26%

SEC Filings: 10-K · 10-Q