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Franco-Nevada (TSX:FNV) Gross Profit : C$978 Mil (TTM As of Sep. 2024)


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What is Franco-Nevada Gross Profit?

Franco-Nevada's gross profit for the three months ended in Sep. 2024 was C$257 Mil. Franco-Nevada's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was C$978 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Franco-Nevada's gross profit for the three months ended in Sep. 2024 was C$257 Mil. Franco-Nevada's Revenue for the three months ended in Sep. 2024 was C$373 Mil. Therefore, Franco-Nevada's Gross Margin % for the quarter that ended in Sep. 2024 was 68.77%.

Franco-Nevada had a gross margin of 68.77% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Franco-Nevada was 65.90%. The lowest was 30.25%. And the median was 49.16%.


Franco-Nevada Gross Profit Historical Data

The historical data trend for Franco-Nevada's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Franco-Nevada Gross Profit Chart

Franco-Nevada Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 574.30 794.67 1,052.29 1,158.26 1,028.47

Franco-Nevada Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 260.47 253.97 223.34 244.09 256.83

Competitive Comparison of Franco-Nevada's Gross Profit

For the Gold subindustry, Franco-Nevada's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Franco-Nevada's Gross Profit Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Franco-Nevada's Gross Profit distribution charts can be found below:

* The bar in red indicates where Franco-Nevada's Gross Profit falls into.



Franco-Nevada Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Franco-Nevada's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=1635.41 - 606.939
=1,028

Franco-Nevada's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=373.463 - 116.631
=257

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$978 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Franco-Nevada's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=257 / 373.463
=68.77 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Franco-Nevada  (TSX:FNV) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Franco-Nevada had a gross margin of 68.77% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Franco-Nevada Gross Profit Related Terms

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Franco-Nevada Business Description

Address
199 Bay Street, Suite 2000, P.O. Box 285, Commerce Court Postal Station, Toronto, ON, CAN, M5L 1G9
Franco-Nevada Corp is a precious-metals-focused royalty and investment company. The company owns a diversified portfolio of precious metals and royalty streams, which is actively managed to generate the bulk of its revenue from gold, silver, and platinum. The company does not operate mines, develop projects, or conduct exploration. Franco-Nevada's short-term financial performance is linked to the price of commodities and the amount of production from its portfolio of producing assets. Its long-term performance is affected by the availability of exploration and development capital. The company holds a portfolio of assets, diversified by commodity, revenue type, and stage of a project, primarily located in the US, Canada, and Australia.
Executives
Adrian Wong Senior Officer
John Blanchette Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Sandip Rana Senior Officer
Paul Brink Director, Senior Officer
Eaun Harrison Gray Senior Officer
Lloyd Hyunsoo Hong Senior Officer
Jason O'connell Senior Officer
Jennifer Maki Director
Jacques Perron Director
Thomas Albanese Director
Bonavie Tek Senior Officer
Philip Dane Wilson Senior Officer
David Harquail Director
Catharine Elizabeth Goddard Farrow Director
Randall Oliphant Director

Franco-Nevada Headlines

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