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Franco-Nevada Corp
TSX:FNV

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Franco-Nevada Corp Logo
Franco-Nevada Corp
TSX:FNV
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Price: 383.02 CAD -0.19% Market Closed
Market Cap: CA$73.8B
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Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Cash Flow Statement

Operating Cash Flow
+
3Y
+31%
5Y
+77%
10Y
+335%
Investing Cash Flow
+
3Y
-2 443%
5Y
-1 131%
10Y
-170%
Financing Cash Flow
+
3Y
-35%
5Y
-33%
10Y
-184%

Cash Flow Statement
Franco-Nevada Corp

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Cash Flow Statement
Currency: USD
Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Operating Cash Flow
Net Income
40
39
54
57
81
92
89
85
63
69
80
116
(7)
19
22
30
103
91
76
59
12
12
27
25
107
91
75
57
25
35
56
95
122
138
141
147
195
214
222
214
139
140
150
200
344
180
211
263
326
597
677
690
734
744
765
757
701
675
663
681
(466)
(478)
(583)
(606)
552
617
785
920
Depreciation & Amortization
88
95
98
97
89
85
85
84
89
95
109
124
131
137
131
127
127
129
127
128
129
131
142
149
163
179
188
199
216
230
249
272
274
280
279
276
273
262
255
250
248
248
247
252
263
267
260
246
241
248
273
289
300
303
295
291
286
273
278
278
273
270
248
234
225
236
247
279
Change in Deffered Taxes
(9)
(8)
(5)
(2)
11
14
14
13
11
5
2
6
(5)
(3)
(1)
0
14
13
12
8
(13)
(7)
(6)
(6)
19
15
16
11
(2)
(1)
(7)
(8)
4
4
7
11
22
25
28
19
10
7
4
22
23
(40)
(41)
(36)
(35)
22
35
15
37
46
38
49
37
39
39
32
27
24
68
74
66
70
56
85
Stock-Based Compensation
4
4
4
4
4
4
4
4
5
6
6
5
5
4
3
3
3
3
4
4
5
0
0
0
0
0
0
0
6
7
8
9
6
6
6
6
6
0
0
0
6
1
3
4
6
6
6
6
6
6
6
7
8
9
7
7
9
7
7
6
6
3
4
5
6
7
6
7
Other Non-Cash Items
14
10
(20)
(23)
(52)
(56)
(43)
(32)
(17)
(14)
4
(11)
152
153
154
154
78
88
99
109
164
157
144
144
44
49
51
40
73
69
79
89
65
64
55
51
6
8
2
2
74
77
78
81
2
272
278
279
271
(7)
(4)
(14)
(74)
(94)
(105)
(95)
(14)
8
(0)
0
1 152
1 131
1 138
1 127
(36)
(14)
71
61
Cash Taxes Paid
13
13
14
14
6
10
14
19
25
32
43
45
53
54
46
0
46
74
82
82
47
35
37
33
23
27
18
26
28
24
28
31
31
35
39
40
38
36
25
23
29
28
38
41
39
50
47
52
51
54
69
77
94
94
102
102
95
97
87
82
88
72
80
78
74
114
125
157
Cash Interest Paid
1
1
1
0
1
1
1
1
1
1
1
1
1
1
1
0
1
1
1
1
1
1
1
1
1
1
1
2
3
4
4
4
3
2
2
2
2
2
2
2
4
5
7
10
10
8
6
4
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
3
3
3
Change in Working Capital
(23)
(16)
(16)
(12)
(6)
1
5
(1)
18
42
17
26
17
(2)
15
(10)
(15)
(23)
(12)
(8)
(43)
(56)
(90)
(75)
(65)
(60)
(47)
(7)
3
11
35
(15)
6
7
8
(1)
(7)
(3)
(14)
18
4
9
10
(23)
(14)
(10)
(8)
(9)
1
(26)
(53)
(56)
(41)
(38)
(21)
(3)
(11)
(16)
3
(4)
6
14
22
41
21
30
17
(35)
Cash from Operating Activities
109
N/A
120
+10%
111
-7%
116
+5%
122
+5%
136
+11%
149
+10%
149
0%
164
+10%
197
+20%
213
+8%
260
+22%
288
+11%
304
+6%
321
+6%
302
-6%
306
+2%
299
-2%
301
+1%
296
-2%
249
-16%
237
-5%
218
-8%
236
+9%
267
+13%
273
+2%
283
+4%
301
+6%
314
+4%
344
+9%
412
+20%
434
+5%
471
+9%
492
+4%
490
0%
484
-1%
489
+1%
506
+4%
491
-3%
503
+2%
475
-6%
481
+1%
489
+2%
531
+9%
618
+16%
669
+8%
700
+5%
742
+6%
804
+8%
833
+4%
928
+11%
923
-1%
955
+4%
962
+1%
974
+1%
999
+3%
1 000
+0%
979
-2%
983
+0%
987
+0%
991
+0%
960
-3%
892
-7%
870
-3%
830
-5%
940
+13%
1 176
+25%
1 310
+11%
Investing Cash Flow
Capital Expenditures
(107)
(182)
(186)
(185)
(134)
(59)
(63)
(89)
(49)
(50)
(76)
(50)
(38)
(133)
(101)
(101)
(509)
(417)
(478)
(478)
(142)
(311)
(271)
(300)
(892)
(733)
(718)
(712)
(1 020)
(1 524)
(1 555)
(1 573)
(747)
(292)
(389)
(521)
(501)
(963)
(916)
(832)
(990)
(524)
(472)
(723)
(445)
(422)
(388)
(183)
(313)
(469)
(1 008)
(879)
(761)
(573)
(40)
(36)
(142)
(248)
(400)
(562)
(522)
(559)
(414)
(488)
(408)
(769)
(2 113)
(2 167)
Other Items
(159)
(2)
31
98
(231)
(71)
8
(64)
207
(270)
(365)
(260)
(187)
(59)
14
(157)
(150)
(0)
(12)
123
141
136
90
126
76
31
(7)
(77)
(86)
(44)
(39)
9
57
23
35
23
0
0
0
13
1
2
7
4
9
8
(12)
10
4
16
31
13
(5)
(15)
(20)
(48)
(4)
2
7
27
(20)
(70)
(91)
(123)
(129)
(129)
(86)
38
Cash from Investing Activities
(266)
N/A
(184)
+31%
(154)
+16%
(88)
+43%
(365)
-316%
(130)
+64%
(55)
+58%
(153)
-179%
157
N/A
(320)
N/A
(441)
-38%
(311)
+30%
(225)
+27%
(191)
+15%
(86)
+55%
(258)
-199%
(659)
-156%
(417)
+37%
(490)
-17%
(355)
+28%
(1)
+100%
(175)
-12 414%
(180)
-3%
(174)
+4%
(816)
-370%
(702)
+14%
(725)
-3%
(789)
-9%
(1 106)
-40%
(1 567)
-42%
(1 594)
-2%
(1 564)
+2%
(690)
+56%
(270)
+61%
(354)
-31%
(498)
-41%
(501)
-1%
(962)
-92%
(916)
+5%
(820)
+11%
(989)
-21%
(522)
+47%
(465)
+11%
(720)
-55%
(436)
+39%
(414)
+5%
(400)
+3%
(173)
+57%
(309)
-79%
(453)
-47%
(977)
-116%
(867)
+11%
(765)
+12%
(588)
+23%
(60)
+90%
(84)
-40%
(146)
-74%
(247)
-69%
(392)
-59%
(535)
-36%
(541)
-1%
(629)
-16%
(505)
+20%
(610)
-21%
(537)
+12%
(898)
-67%
(2 199)
-145%
(2 128)
+3%
Financing Cash Flow
Net Issuance of Common Stock
260
0
316
318
318
318
6
3
5
6
6
15
382
561
557
624
258
78
81
10
9
10
8
485
486
486
484
4
11
904
909
910
900
6
365
367
367
366
2
(0)
4
5
7
96
149
187
260
201
143
104
30
0
0
3
5
5
10
8
7
7
3
3
3
3
3
5
4
8
Net Issuance of Debt
0
0
0
0
0
0
0
0
0
(8)
(8)
(8)
(8)
(0)
(0)
0
0
0
0
0
0
0
0
0
0
0
0
0
460
0
0
0
(460)
0
0
0
0
0
0
0
210
160
435
245
(130)
(160)
(435)
(245)
(80)
0
0
0
0
0
0
0
0
0
0
0
0
0
(1)
(1)
(1)
0
0
0
Cash Paid for Dividends
(22)
0
(24)
(24)
(28)
(28)
(31)
(40)
(33)
(42)
(35)
(42)
(49)
(57)
(65)
(71)
(78)
(87)
(96)
(100)
(102)
(98)
(95)
(91)
(91)
(92)
(93)
(94)
(94)
(99)
(104)
(111)
(118)
(120)
(123)
(125)
(126)
(131)
(134)
(136)
(136)
(135)
(136)
(135)
(138)
(140)
(144)
(150)
(155)
(161)
(166)
(173)
(180)
(188)
(194)
(196)
(198)
(205)
(213)
(221)
(233)
(234)
(236)
(240)
(242)
(254)
(260)
(267)
Other
0
0
0
0
0
(2)
(2)
(2)
(2)
0
(0)
(1)
(1)
0
(0)
0
0
0
(2)
(2)
(2)
(2)
(1)
(1)
(1)
0
(1)
(1)
(2)
0
(1)
(1)
0
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
0
0
0
0
(0)
(0)
(1)
(1)
(1)
(1)
(1)
(1)
0
0
0
0
0
0
0
0
0
0
0
Cash from Financing Activities
238
N/A
(22)
N/A
292
N/A
295
+1%
290
-2%
288
-1%
(27)
N/A
(38)
-39%
(30)
+21%
(44)
-47%
(38)
+15%
(36)
+5%
324
N/A
503
+55%
493
-2%
553
+12%
180
-67%
(9)
N/A
(16)
-74%
(92)
-467%
(94)
-2%
(91)
+4%
(88)
+3%
393
N/A
395
+1%
393
0%
390
-1%
(91)
N/A
374
N/A
803
+115%
804
+0%
797
-1%
322
-60%
(115)
N/A
241
N/A
241
+0%
240
-1%
235
-2%
(132)
N/A
(137)
-3%
78
N/A
29
-63%
305
+953%
205
-33%
(120)
N/A
(113)
+6%
(319)
-183%
(195)
+39%
(92)
+53%
(56)
+39%
(136)
-142%
(174)
-28%
(180)
-4%
(186)
-3%
(190)
-2%
(191)
-1%
(189)
+1%
(198)
-5%
(206)
-4%
(214)
-4%
(230)
-8%
(232)
-1%
(234)
-1%
(238)
-2%
(240)
-1%
(249)
-4%
(256)
-3%
(259)
-1%
Change in Cash
Effect of Foreign Exchange Rates
(21)
(17)
(16)
(10)
3
3
2
1
0
6
10
(12)
(6)
(4)
(16)
21
11
(1)
2
(11)
(16)
(19)
(6)
(23)
(23)
(35)
(40)
(38)
(26)
(2)
(7)
5
1
(1)
12
28
31
26
15
(3)
(5)
(3)
(3)
(2)
1
(5)
(2)
1
(1)
5
4
(3)
(5)
(3)
(11)
(13)
(8)
(9)
(0)
2
5
4
(10)
(1)
(22)
(17)
1
(4)
Net Change in Cash
60
N/A
(102)
N/A
233
N/A
314
+35%
49
-84%
297
+501%
69
-77%
(41)
N/A
291
N/A
(161)
N/A
(256)
-59%
(98)
+62%
380
N/A
611
+61%
711
+16%
618
-13%
(162)
N/A
(129)
+21%
(203)
-58%
(162)
+20%
138
N/A
(49)
N/A
(56)
-15%
432
N/A
(178)
N/A
(71)
+60%
(91)
-28%
(617)
-575%
(443)
+28%
(422)
+5%
(385)
+9%
(328)
+15%
104
N/A
107
+3%
389
+264%
256
-34%
258
+1%
(195)
N/A
(542)
-178%
(456)
+16%
(441)
+3%
(15)
+97%
327
N/A
15
-95%
62
+322%
137
+120%
(20)
N/A
375
N/A
402
+7%
329
-18%
(181)
N/A
(120)
+34%
5
N/A
184
+3 512%
713
+287%
711
0%
657
-8%
526
-20%
385
-27%
240
-38%
225
-6%
104
-54%
144
+39%
20
-86%
29
+46%
(224)
N/A
(1 279)
-471%
(1 081)
+15%
Free Cash Flow
Free Cash Flow
2
N/A
(62)
N/A
(74)
-20%
(69)
+8%
(12)
+83%
77
N/A
86
+12%
60
-31%
114
+91%
147
+29%
137
-7%
210
+54%
250
+19%
171
-32%
220
+29%
200
-9%
(203)
N/A
(118)
+42%
(176)
-49%
(182)
-3%
107
N/A
(75)
N/A
(53)
+29%
(63)
-19%
(625)
-885%
(460)
+26%
(435)
+6%
(411)
+5%
(706)
-72%
(1 180)
-67%
(1 143)
+3%
(1 139)
+0%
(276)
+76%
200
N/A
101
-50%
(36)
N/A
(13)
+65%
(456)
-3 521%
(425)
+7%
(329)
+23%
(515)
-57%
(43)
+92%
17
N/A
(193)
N/A
173
N/A
247
+43%
313
+27%
560
+79%
491
-12%
364
-26%
(80)
N/A
43
N/A
195
+350%
389
+99%
934
+140%
964
+3%
858
-11%
731
-15%
584
-20%
425
-27%
470
+10%
401
-15%
479
+19%
382
-20%
422
+10%
171
-60%
(938)
N/A
(856)
+9%

See Also

Summary
FNV intrinsic value, competitors valuation, and company profile.
DCF Valuation
FNV stock valuation using Discount Cash Flow valuation method.
Relative Valuation
FNV stock valuation using valuation multiples.
Wall Street Estimates
FNV price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
FNV stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett