Franco-Nevada (FNV) revenue breakdown

Basic Materials · Gold · Market cap $44.2B

By segment, Precious metals is the largest at 86% of fiscal 2025 revenue, growing 81% a year over 1 years.

By product, Mining is the largest at 83% of fiscal 2023 revenue; Energy grew fastest, -0% a year over 2 years.

Revenue by segment

Fiscal years, as Franco-Nevada reports them in its 10-K filings; fiscal 2025 total $1.8B.

Segments201720182019202020212022202320242025Share
Precious metals———————$862M$1.6B 86%
Energy$47M$86M$116M$92M$210M$334M$208M$193M$204M 11%
Other mining——————$60M$59M$56M 3%
Mining$628M$567M$728M$928M$1.1B$982M$951M—— —

Revenue by product

Fiscal years, as Franco-Nevada reports them in its 10-K filings; fiscal 2023 total $1.2B.

Products2017201820192020202120222023Share
Mining————$1.1B$982M$1.0B 83%
Energy————$210M$334M$208M 17%
Gold$467M$436M$546M$718M——— —
Energy$47M$86M$116M———— —
Silver$98M$78M$83M$106M——— —
Platinum-group metals$44M$39M$76M$86M——— —
Oil———$56M——— —
Gas———$24M——— —
Iron Ore———$15M——— —
Natural gas liquids———$12M——— —
Other mining commodities$18M$14M$24M$3M——— —

Revenue by region

Fiscal years, as Franco-Nevada reports them in its 10-K filings; fiscal 2025 total $1.8B.

Regions201720182019202020212022202320242025Share
Peru$153M$149M$145M$176M$228M$186M$194M$224M$384M 21%
Canada$126M$123M$166M$197M$187M$206M$177M$193M$354M 19%
United States$100M$137M$167M$179M$270M$328M$208M$205M$266M 15%
Chile$105M$70M$103M$107M$116M$129M$136M$169M$252M 14%
Rest of World$123M$125M$142M$143M$114M$122M$146M$179M$236M 13%
Brazil————$59M$41M$35M$52M$148M 8%
Other$68M$49M$56M$84M$90M$81M$73M$92M$145M 8%
Panama——$65M$135M$235M$223M$249M$100,000$38M 2%
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Questions

Where does Franco-Nevada make its money?

In fiscal 2025, by segment: Precious metals $1.6B, Energy $204M, Other mining $56M.

From Franco-Nevada's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.