Franco-Nevada free cash flow 2007–2026What is free cash flow (FCF)? Free cash flow is the cash a company's operations bring in minus what it spends on long-term assets (capex): cash left for debt, dividends and buybacks.
Franco-Nevada's free cash flow in Q2 FY2026, the three months to 30 June 2026, was 384.00M USD, against -930.60M USD on the same quarter a year before. Franco-Nevada's free cash flow in fiscal year 2025 was -703.00M USD, down 266.8% on the year before.
Last updated 6 Nov 2026 · Next report 11 Nov 2026
Free cash flow
Growth
| Fiscal year | Period ending | Free cash flow | Growth | Free cash flow margin | Operating cash flow | Capital expenditure | Free cash flow per share |
|---|---|---|---|---|---|---|---|
| TTM | 30 Jun 2026 | 891.40M | — | 38.48% | 1.78B | -886.00M | 4.62 |
| FY2025 | 31 Dec 2025 | -703.00M | -266.79% | -38.57% | 1.49B | -2.20B | -3.64 |
| FY2024 | 31 Dec 2024 | 421.50M | -10.24% | 37.85% | 829.50M | -408.00M | 2.19 |
| FY2023 | 31 Dec 2023 | 469.60M | -45.27% | 38.52% | 991.20M | -521.60M | 2.45 |
| FY2022 | 31 Dec 2022 | 858.00M | +340.23% | 65.21% | 999.50M | -141.50M | 4.47 |
| FY2021 | 31 Dec 2021 | 194.90M | -60.33% | 14.99% | 955.40M | -760.50M | 1.02 |
| FY2020 | 31 Dec 2020 | 491.30M | +184.81% | 48.16% | 803.90M | -312.60M | 2.58 |
| FY2019 | 31 Dec 2019 | 172.50M | — | 20.44% | 617.70M | -445.20M | 0.92 |
| FY2018 | 31 Dec 2018 | -514.80M | — | -78.81% | 474.80M | -989.60M | -2.78 |
| FY2017 | 31 Dec 2017 | -12.60M | — | -1.87% | 488.60M | -501.20M | -0.07 |
| FY2016 | 31 Dec 2016 | -276.10M | — | -45.25% | 471.00M | -747.10M | -1.57 |
| FY2015 | 31 Dec 2015 | -766.90M | — | -172.88% | 253.50M | -1.02B | -4.91 |
| FY2014 | 31 Dec 2014 | -590.90M | -651.21% | -133.57% | 267.00M | -857.90M | -3.92 |
| FY2013 | 31 Dec 2013 | 107.20M | — | 26.74% | 249.40M | -142.20M | 0.73 |
| FY2012 | 31 Dec 2012 | -202.80M | -181.22% | -47.49% | 306.30M | -509.10M | -1.41 |
| FY2011 | 31 Dec 2011 | 249.70M | +118.94% | 60.72% | 287.80M | -38.10M | 2.00 |
| FY2010 | 31 Dec 2010 | 114.05M | — | 50.20% | 163.45M | -49.40M | 1.00 |
| FY2009 | 31 Dec 2009 | -11.91M | -715.88% | -5.96% | 122.27M | -134.17M | -0.11 |
| FY2008 | 31 Dec 2008 | 1.93M | — | 1.28% | 108.97M | -107.03M | 0.02 |
| FY2007 | 31 Dec 2007 | -1.21B | — | -36,935.48% | -846.00K | -1.21B | -14.15 |
| Quarter | Period ending | Free cash flow | Growth on a year before | Free cash flow margin | Operating cash flow | Capital expenditure | Free cash flow per share |
|---|---|---|---|---|---|---|---|
| Q2 FY2026 | 30 Jun 2026 | 384.00M | — | 66.10% | 482.50M | -98.50M | 1.99 |
| Q1 FY2026 | 31 Mar 2026 | 60.30M | — | 9.27% | 520.40M | -460.10M | 0.31 |
| Q4 FY2025 | 31 Dec 2025 | 391.50M | +64.36% | 65.54% | 426.50M | -35.00M | 2.03 |
| Q3 FY2025 | 30 Sept 2025 | 55.60M | — | 11.40% | 348.00M | -292.40M | 0.29 |
| Q2 FY2025 | 30 Jun 2025 | -930.60M | -623.69% | -251.92% | 430.30M | -1.36B | -4.82 |
| Q1 FY2025 | 31 Mar 2025 | -219.50M | -801.28% | -59.58% | 288.90M | -508.40M | -1.14 |
| Q4 FY2024 | 31 Dec 2024 | 238.20M | +19.76% | 74.21% | 243.00M | -4.80M | 1.24 |
| Q3 FY2024 | 30 Sept 2024 | -25.70M | -136.40% | -9.32% | 213.60M | -239.30M | -0.13 |
| Q2 FY2024 | 30 Jun 2024 | 177.70M | +77.88% | 68.32% | 194.30M | -16.60M | 0.92 |
| Q1 FY2024 | 31 Mar 2024 | 31.30M | -68.76% | 12.19% | 178.60M | -147.30M | 0.16 |
| Q4 FY2023 | 31 Dec 2023 | 198.90M | +28.90% | 65.58% | 283.50M | -84.60M | 1.03 |
| Q3 FY2023 | 30 Sept 2023 | 70.60M | -69.20% | 22.81% | 236.00M | -165.40M | 0.37 |
| Q2 FY2023 | 30 Jun 2023 | 99.90M | -59.55% | 30.28% | 261.90M | -162.00M | 0.52 |
| Q1 FY2023 | 31 Mar 2023 | 100.20M | -55.96% | 36.26% | 209.80M | -109.60M | 0.52 |
| Q4 FY2022 | 31 Dec 2022 | 154.30M | -40.61% | 48.16% | 279.30M | -125.00M | 0.80 |
| Q3 FY2022 | 30 Sept 2022 | 229.20M | +14.71% | 75.35% | 232.30M | -3.10M | 1.20 |
| Q2 FY2022 | 30 Jun 2022 | 247.00M | — | 70.11% | 257.30M | -10.30M | 1.29 |
| Q1 FY2022 | 31 Mar 2022 | 227.50M | +575.07% | 67.15% | 230.60M | -3.10M | 1.19 |
| Q4 FY2021 | 31 Dec 2021 | 259.80M | +140.11% | 79.28% | 279.00M | -19.20M | 1.36 |
| Q3 FY2021 | 30 Sept 2021 | 199.80M | +162.20% | 63.17% | 206.90M | -7.10M | 1.05 |
| Q2 FY2021 | 30 Jun 2021 | -298.40M | -304.10% | -85.97% | 245.20M | -543.60M | -1.57 |
| Q1 FY2021 | 31 Mar 2021 | 33.70M | -79.03% | 10.91% | 224.30M | -190.60M | 0.18 |
| Q4 FY2020 | 31 Dec 2020 | 108.20M | -38.73% | 35.53% | 246.30M | -138.10M | 0.57 |
| Q3 FY2020 | 30 Sept 2020 | 76.20M | — | 27.23% | 212.20M | -136.00M | 0.40 |
| Q2 FY2020 | 30 Jun 2020 | 146.20M | +81.39% | 74.82% | 150.20M | -4.00M | 0.77 |
| Q1 FY2020 | 31 Mar 2020 | 160.70M | +86.86% | 66.82% | 195.20M | -34.50M | 0.85 |
| Q4 FY2019 | 31 Dec 2019 | 176.60M | — | 68.42% | 184.60M | -8.00M | 0.93 |
| Q3 FY2019 | 30 Sept 2019 | -170.70M | -539.95% | -72.42% | 170.40M | -341.10M | -0.91 |
| Q2 FY2019 | 30 Jun 2019 | 80.60M | +293.17% | 47.27% | 119.10M | -38.50M | 0.43 |
| Q1 FY2019 | 31 Mar 2019 | 86.00M | — | 47.83% | 143.60M | -57.60M | 0.46 |
| Q4 FY2018 | 31 Dec 2018 | -188.40M | — | -127.13% | 97.80M | -286.20M | -1.02 |
| Q3 FY2018 | 30 Sept 2018 | 38.80M | — | 22.74% | 128.20M | -89.40M | 0.21 |
| Q2 FY2018 | 30 Jun 2018 | 20.50M | — | 12.71% | 111.30M | -90.80M | 0.11 |
| Q1 FY2018 | 31 Mar 2018 | -385.70M | -766.15% | -222.82% | 137.50M | -523.20M | -2.08 |
| Q4 FY2017 | 31 Dec 2017 | -2.50M | — | -1.50% | 126.30M | -128.80M | -0.01 |
| Q3 FY2017 | 30 Sept 2017 | -57.30M | -145.55% | -33.41% | 116.00M | -173.30M | -0.31 |
| Q2 FY2017 | 30 Jun 2017 | -10.70M | -125.42% | -6.54% | 126.50M | -137.20M | -0.06 |
| Q1 FY2017 | 31 Mar 2017 | 57.90M | — | 33.53% | 119.80M | -61.90M | 0.32 |
| Q4 FY2016 | 31 Dec 2016 | -26.30M | — | -16.93% | 121.90M | -148.20M | -0.15 |
| Q3 FY2016 | 30 Sept 2016 | 125.80M | +222.56% | 73.14% | 167.70M | -41.90M | 0.70 |
| Q2 FY2016 | 30 Jun 2016 | 42.10M | -18.41% | 27.90% | 82.30M | -40.20M | 0.24 |
| Q1 FY2016 | 31 Mar 2016 | -417.70M | -849.91% | -316.44% | 99.10M | -516.80M | -2.51 |
| Q4 FY2015 | 31 Dec 2015 | -913.20M | — | -752.84% | 60.70M | -973.90M | -5.81 |
| Q3 FY2015 | 30 Sept 2015 | 39.00M | -24.56% | 37.61% | 63.30M | -24.30M | 0.25 |
| Q2 FY2015 | 30 Jun 2015 | 51.60M | +98.46% | 47.17% | 60.10M | -8.50M | 0.33 |
| Q1 FY2015 | 31 Mar 2015 | 55.70M | — | 51.01% | 69.40M | -13.70M | 0.36 |
| Q4 FY2014 | 31 Dec 2014 | -593.80M | — | -482.76% | 71.90M | -665.70M | -3.78 |
| Q3 FY2014 | 30 Sept 2014 | 51.70M | -16.61% | 48.05% | 81.90M | -30.20M | 0.34 |
| Q2 FY2014 | 30 Jun 2014 | 26.00M | +490.91% | 24.14% | 49.60M | -23.60M | 0.18 |
| Q1 FY2014 | 31 Mar 2014 | -74.80M | -202.05% | -71.85% | 63.60M | -138.40M | -0.51 |
| Q4 FY2013 | 31 Dec 2013 | -32.50M | — | -32.50% | 41.00M | -73.50M | -0.22 |
| Q3 FY2013 | 30 Sept 2013 | 62.00M | -8.69% | 62.75% | 63.40M | -1.40M | 0.42 |
| Q2 FY2013 | 30 Jun 2013 | 4.40M | -92.96% | 4.72% | 68.50M | -64.10M | 0.03 |
| Q1 FY2013 | 31 Mar 2013 | 73.30M | — | 67.37% | 76.50M | -3.20M | 0.50 |
| Q4 FY2012 | 31 Dec 2012 | -321.90M | -496.19% | -282.12% | 87.20M | -409.10M | -2.25 |
| Q3 FY2012 | 30 Sept 2012 | 67.90M | +28.93% | 64.54% | 69.00M | -1.10M | 0.47 |
| Q2 FY2012 | 30 Jun 2012 | 62.50M | +29.11% | 60.86% | 66.00M | -3.50M | 0.43 |
| Q1 FY2012 | 31 Mar 2012 | -11.30M | -116.76% | -10.76% | 84.10M | -95.40M | -0.08 |
| Q4 FY2011 | 31 Dec 2011 | 81.25M | +97.76% | 68.58% | 82.60M | -1.35M | 0.62 |
| Q3 FY2011 | 30 Sept 2011 | 52.67M | +806.92% | 46.48% | 88.03M | -35.36M | 0.41 |
| Q2 FY2011 | 30 Jun 2011 | 48.41M | +47.51% | 45.54% | 48.99M | -583.00K | 0.38 |
| Q1 FY2011 | 31 Mar 2011 | 67.43M | +96.17% | 92.24% | 68.19M | -757.00K | 0.58 |
| Q4 FY2010 | 31 Dec 2010 | 41.09M | — | 53.94% | 54.60M | -13.51M | 0.36 |
| Q3 FY2010 | 30 Sept 2010 | 5.81M | -85.78% | 10.55% | 40.70M | -34.89M | 0.05 |
| Q2 FY2010 | 30 Jun 2010 | 32.82M | +117.40% | 65.31% | 33.07M | -254.00K | 0.29 |
| Q1 FY2010 | 31 Mar 2010 | 34.37M | — | 73.19% | 35.08M | -710.00K | 0.30 |
| Q4 FY2009 | 31 Dec 2009 | -13.25M | — | -16.47% | 39.88M | -53.13M | -0.12 |
| Q3 FY2009 | 30 Sept 2009 | 40.83M | +16.10% | 99.38% | 41.22M | -388.00K | 0.36 |
| Q2 FY2009 | 30 Jun 2009 | 15.10M | -46.50% | 33.49% | 19.89M | -4.80M | 0.15 |
| Q1 FY2009 | 31 Mar 2009 | -54.49M | -729.42% | -164.54% | 21.27M | -75.76M | -0.54 |
| Q4 FY2008 | 31 Dec 2008 | -70.11M | — | -165.03% | 33.96M | -104.07M | -0.70 |
| Q3 FY2008 | 30 Sept 2008 | 35.17M | — | 87.88% | 36.09M | -920.00K | 0.35 |
| Q2 FY2008 | 30 Jun 2008 | 28.22M | — | 68.84% | 28.92M | -707.00K | 0.28 |
| Q1 FY2008 | 31 Mar 2008 | 8.66M | — | 31.43% | 10.00M | -1.34M | 0.09 |
Figures in USD. Free cash flow is operating cash flow less capital expenditure. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.
See also:Revenue,Net income,EPS,Shares outstanding,Operating income,Cash on hand,Total debt,Cash flow
Common questions about Franco-Nevada's free cash flow
Source: Financial Modeling Prep
