Franco-Nevada Corporation (FNV) balance sheet
NYSE · Basic Materials · Gold · 42 employees · CEO Paul J. Brink
- Price
- $224.95 -2.87%
- Market cap
- $43.4B
- Enterprise value
- $42.4B
- Last report
- Q2 '26 filed 2026-08-12
- Next report
- 2026-11-11 EPS est. $1.77
At the end of Q2 '26 Franco-Nevada Corporation (FNV) held $1.01B in cash and short-term investments against $0 of debt incl. leases. Total assets $8.92B, total liabilities $682M, shareholders' equity $8.24B.
Balance sheet
| Balance sheet | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $1.3B | $1.42B | $1.35B | $1.44B | $1.32B | $1.45B | $1.13B | $160M | $206M | $433M | $383M | $1.01B | |
| Short-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $30.1M | $237M | $334M | $0 | |
| Receivables | $135M | $111M | $127M | $121M | $134M | $158M | $172M | $165M | $242M | $257M | $281M | $238M | |
| Inventory | $700K | $51.8M | $5.1M | $500K | $500K | $96.8M | $89.4M | $7M | $500K | $599K | $702K | $500K | |
| Other current assets | $65.3M | $600K | $58.5M | $80.5M | $80.1M | $400K | $5.3M | $25.5M | $59.1M | $89.5M | $123M | $134M | |
| Current assets | $1.52B | $1.62B | $1.57B | $1.67B | $1.55B | $1.72B | $1.39B | $357M | $542M | $1.02B | $1.13B | $1.39B | |
| Property, plant & equipment (net) | $5.16B | $4.03B | $4.08B | $4.03B | $4.23B | $4.11B | $4.54B | $5.9B | $6.09B | $6.04B | $6.34B | $6.27B | |
| Long-term investments | $240M | $246M | $257M | $278M | $323M | $325M | $540M | $598M | $850M | $1.14B | $1.33B | $1.22B | |
| Deferred tax assets | $37.9M | $37M | $35.1M | $35.4M | $30.7M | $30.8M | $26.6M | $25.7M | $24.1M | $23.2M | $19.9M | $0 | |
| Other non-current assets | $34.9M | $61.7M | $118M | $128M | $164M | $149M | $153M | $140M | $1.5M | $1.5M | $2.11M | $46.2M | |
| Non-current assets | $5.47B | $4.38B | $4.49B | $4.47B | $4.75B | $4.61B | $5.26B | $6.66B | $6.97B | $7.21B | $7.7B | $7.53B | |
| Total assets | $6.99B | $5.99B | $6.06B | $6.14B | $6.3B | $6.33B | $6.65B | $7.02B | $7.51B | $8.23B | $8.83B | $8.92B | |
| Liabilities | |||||||||||||
| Accounts payable | $35M | $5.5M | $41.8M | $30.1M | $26.2M | $5.1M | $30.7M | $33.6M | $66M | $44.8M | $49.9M | $38.6M | |
| Accrued expenses | $0 | $25.4M | $0 | $0 | $0 | $23.6M | $0 | $0 | $0 | $0 | $0 | $0 | |
| Taxes payable | $5.2M | $8.3M | $11.6M | $27.2M | $40.1M | $38.8M | $30.2M | $50.4M | $0 | $0 | $0 | $0 | |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $109M | |
| Current liabilities | $40.2M | $39.2M | $53.4M | $57.3M | $66.3M | $67.5M | $60.9M | $84M | $117M | $123M | $184M | $148M | |
| Lease obligations (non-current) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10M | $8.49M | $8.58M | $0 | $0 | |
| Deferred tax liabilities | $169M | $180M | $182M | $234M | $242M | $238M | $265M | $312M | $369M | $440M | $489M | $0 | |
| Other non-current liabilities | $5.7M | $5.7M | $4.8M | $4.6M | $4.5M | $28.3M | $34.9M | $13M | $23.2M | $33.7M | $20.8M | $534M | |
| Non-current liabilities | $174M | $186M | $186M | $239M | $247M | $266M | $300M | $335M | $400M | $482M | $509M | $534M | |
| Total liabilities | $215M | $225M | $240M | $296M | $313M | $334M | $361M | $419M | $517M | $605M | $693M | $682M | |
| Equity | |||||||||||||
| Common stock & paid-in capital | $5.72B | $5.73B | $5.74B | $5.75B | $5.76B | $5.77B | $5.78B | $5.79B | $5.79B | $5.79B | $5.83B | $5.82B | |
| Retained earnings | $1.26B | $212M | $284M | $294M | $380M | $487M | $626M | $807M | $1.08B | $1.38B | $1.78B | $2.05B | |
| Accumulated other comprehensive income | -$231M | -$192M | -$226M | -$223M | -$178M | -$282M | -$134M | -$13.1M | $101M | $430M | $506M | $360M | |
| Shareholders' equity | $6.77B | $5.77B | $5.82B | $5.85B | $5.99B | $6B | $6.29B | $6.6B | $6.99B | $7.62B | $8.13B | $8.24B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10M | $8.49M | $8.58M | $0 | $0 | |
| Net debt (debt - cash) | -$1.3B | -$1.42B | -$1.35B | -$1.44B | -$1.32B | -$1.45B | -$1.13B | -$151M | -$198M | -$425M | -$383M | -$1.01B | |
| Balance sheet | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | $253M | $511M | $69.7M | $132M | $534M | $539M | $1.2B | $1.42B | $1.45B | $433M | |
| Short-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $237M | |
| Receivables | $71.1M | $65.9M | $75.5M | $97.8M | $93.4M | $160M | $136M | $111M | $158M | $257M | |
| Inventory | $2.7M | $7.1M | $0 | $4.4M | $500K | $32.9M | $28.2M | $51.8M | $96.8M | $599K | |
| Other current assets | $9.9M | $15.3M | $27.9M | $26.9M | $19.2M | $900K | $600K | $600K | $400K | $89.5M | |
| Current assets | $361M | $616M | $179M | $279M | $664M | $751M | $1.38B | $1.62B | $1.72B | $1.02B | |
| Property, plant & equipment (net) | $3.68B | $3.95B | $4.57B | $4.81B | $4.64B | $5.16B | $4.93B | $4.03B | $4.11B | $6.04B | |
| Long-term investments | $147M | $203M | $137M | $146M | $196M | $235M | $225M | $246M | $325M | $1.14B | |
| Deferred tax assets | $21.3M | $14.5M | $17.3M | $6.8M | $45.1M | $49.4M | $39.9M | $37M | $30.8M | $23.2M | |
| Other non-current assets | $8.7M | $1.9M | $33M | $39.5M | $49M | $17.6M | $45M | $61.7M | $149M | $1.5M | |
| Non-current assets | $3.86B | $4.17B | $4.75B | $5B | $4.93B | $5.46B | $5.24B | $4.38B | $4.61B | $7.21B | |
| Total assets | $4.22B | $4.79B | $4.93B | $5.28B | $5.59B | $6.21B | $6.63B | $5.99B | $6.33B | $8.23B | |
| Liabilities | |||||||||||
| Accounts payable | $9.6M | $6.2M | $7.3M | $6.8M | $3.5M | $8.5M | $7M | $5.5M | $5.1M | $8.38M | |
| Accrued expenses | $11.4M | $15.3M | $16.3M | $35M | $37.3M | $25.1M | $36.1M | $25.4M | $23.6M | $0 | |
| Taxes payable | $16.6M | $1.1M | $1.4M | $11.6M | $12.4M | $9.6M | $7.1M | $8.3M | $38.8M | $0 | |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $36.4M | |
| Current liabilities | $37.6M | $22.6M | $25M | $53.4M | $53.2M | $43.2M | $50.2M | $39.2M | $67.5M | $123M | |
| Long-term debt | $0 | $0 | $208M | $80M | $0 | $0 | $0 | $0 | $0 | $0 | |
| Lease obligations (non-current) | $0 | $0 | $0 | $2.6M | $0 | $0 | $0 | $0 | $0 | $8.58M | |
| Deferred tax liabilities | $37.5M | $60.3M | $67.3M | $82.4M | $91.5M | $135M | $153M | $180M | $238M | $440M | |
| Other non-current liabilities | $0 | $0 | $0 | $0 | $4.4M | $6.1M | $6M | $5.7M | $28.3M | $33.7M | |
| Non-current liabilities | $37.5M | $60.3M | $275M | $165M | $95.9M | $142M | $159M | $186M | $266M | $482M | |
| Total liabilities | $75.1M | $82.9M | $300M | $218M | $149M | $185M | $209M | $225M | $334M | $605M | |
| Equity | |||||||||||
| Common stock & paid-in capital | $4.67B | $5.11B | $5.16B | $5.39B | $5.58B | $5.63B | $5.7B | $5.73B | $5.77B | $5.79B | |
| Retained earnings | -$337M | -$310M | -$322M | -$164M | -$34.4M | $485M | $940M | $212M | $487M | $1.38B | |
| Accumulated other comprehensive income | -$225M | -$107M | -$220M | -$178M | -$116M | -$104M | -$234M | -$192M | -$282M | $430M | |
| Shareholders' equity | $4.15B | $4.71B | $4.63B | $5.06B | $5.44B | $6.03B | $6.42B | $5.77B | $6B | $7.62B | |
| Debt | |||||||||||
| Total debt (incl. leases) | $0 | $0 | $208M | $82.6M | $0 | $0 | $0 | $0 | $0 | $8.58M | |
| Net debt (debt - cash) | -$253M | -$511M | $138M | -$49.5M | -$534M | -$539M | -$1.2B | -$1.42B | -$1.45B | -$425M | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics and estimates: Financial Modeling Prep.
Data as of 2026-11-02