FNV vs. NEM: Franco-Nevada vs. Newmont Stock Comparison

November 11, 2026

How do Franco-Nevada (FNV) and Newmont (NEM) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Franco-Nevada (FNV) and Newmont (NEM) are both classified in the Gold sub-industry within the broader Metals & Mining industry, placing them in the closest GICS peer bucket.

Company profile comparison for Franco-Nevada (FNV) and Newmont (NEM)
Profile Item	FNV	NEM
Name	Franco-Nevada Corporation	Newmont Corporation
Country/Region	Canada	United States
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Metals & Mining	Metals & Mining
GICS Sub-Industry	Gold	Gold
Market Capitalization	49.17 billion USD	125.65 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	December 7, 2007	March 17, 1980
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

FNV

NEM

GSPC

Franco-Nevada (FNV) vs. Newmont (NEM), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Franco-Nevada (FNV) and Newmont (NEM). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Franco-Nevada (FNV) and Newmont (NEM). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Franco-Nevada (FNV) and Newmont (NEM)
Metric	FNV	NEM
Total Return (1Y)	37.48%	51.53%
Total Return (3Y, Annualized)	30.93%	57.50%
Total Return (5Y, Annualized)	13.51%	20.41%

Risk Profile

Drawdown History

FNV

NEM

GSPC

Franco-Nevada (FNV) vs. Newmont (NEM), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Franco-Nevada (FNV) and Newmont (NEM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Franco-Nevada (FNV) and Newmont (NEM)
Metric	FNV	NEM
Volatility (1Y, Annualized)	39.71%	48.55%
Beta (5Y)	0.28	0.51
Max Drawdown (5Y)	-37.12%	-62.40%
Avg. Volume (3M)	716.56K	6.95M

Risk-Adjusted Performance

Risk-Return Positioning

FNV and NEM are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Franco-Nevada (FNV) and Newmont (NEM)
Metric	FNV	NEM
Sharpe Ratio (1Y)	0.84	0.97
Sortino Ratio (1Y)	1.19	1.41

Profitability

ROE (TTM)

Both Franco-Nevada (FNV) at 19.91% and Newmont (NEM) at 27.26% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

FNV

Materials industry group

19.91%

Max: 52.88%
FNV: 19.91%
Q3: 19.49%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

NEM

Materials industry group

27.26%

Max: 52.88%
NEM: 27.26%
Q3: 19.49%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

Franco-Nevada (FNV) vs. Newmont (NEM): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

Franco-Nevada (FNV) at 64.23% keeps the most of each sales dollar — above its industry’s net margin range — and Newmont (NEM) at 34.73% also retains a top-quartile share.

FNV

Materials industry group

64.23%

FNV: 64.23%
Max: 38.66%
Q3: 15.98%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

NEM

Materials industry group

34.73%

Max: 38.66%
NEM: 34.73%
Q3: 15.98%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

Franco-Nevada (FNV) vs. Newmont (NEM): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

Franco-Nevada (FNV) at 76.98% shows unusually strong operating efficiency — above its industry’s operating margin range — and Newmont (NEM) at 49.99% also operates in the top quartile.

FNV

Materials industry group

76.98%

FNV: 76.98%
Max: 66.70%
Q3: 28.92%
Median: 12.56%
Q1: 3.28%
Min: -14.07%

NEM

Materials industry group

49.99%

Max: 66.70%
NEM: 49.99%
Q3: 28.92%
Median: 12.56%
Q1: 3.28%
Min: -14.07%

Franco-Nevada (FNV) vs. Newmont (NEM): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for Franco-Nevada (FNV) and Newmont (NEM)
Metric	FNV	NEM
ROE (TTM)	19.91%	27.26%
ROA (TTM)	13.74%	16.37%
Net Margin (TTM)	64.23%	34.73%
Operating Margin (TTM)	76.98%	49.99%
Gross Margin (TTM)	92.09%	68.04%

Growth

Revenue Growth

Franco-Nevada (FNV) at 63.69% sits in the top revenue growth quartile, while Newmont (NEM) at 21.34% is closer to the peer norm — faster top-line expansion for FNV.

Franco-Nevada (FNV) vs. Newmont (NEM): A comparison of their Revenue Growth across different time periods.

EPS Growth

Newmont (NEM) at 118.84% sits in the top EPS growth quartile, while Franco-Nevada (FNV) at 100.70% is closer to the peer norm — faster per-share earnings growth for NEM.

Franco-Nevada (FNV) vs. Newmont (NEM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Franco-Nevada (FNV) and Newmont (NEM)
Metric	FNV	NEM
Revenue Growth (YoY)	63.69%	21.34%
Revenue Growth (3Y CAGR)	11.48%	23.91%
EPS Growth (YoY)	100.70%	118.84%
EPS Growth (3Y CAGR)	16.42%	--

Financial Strength

Current Ratio (MRQ)

Newmont (NEM) at 2.45 keeps current ratio within its industry’s typical mid-range, while Franco-Nevada (FNV) at 9.38 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

FNV

Materials industry group

9.38

FNV: 9.38
Max: 5.96
Q3: 3.30
Median: 2.24
Q1: 1.45
Min: 0.16

NEM

Materials industry group

2.45

Max: 5.96
Q3: 3.30
NEM: 2.45
Median: 2.24
Q1: 1.45
Min: 0.16

Franco-Nevada (FNV) vs. Newmont (NEM): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

Only one side’s leverage can be read here: Newmont (NEM) carries debt-to-equity ratio of 0.16 against its industry range, while Franco-Nevada (FNV) reports no figure this period.

FNV

Materials industry group

Max: 1.98
Q3: 0.89
Median: 0.47
Q1: 0.13
Min: 0.00
FNV: --

NEM

Materials industry group

0.16

Max: 1.98
Q3: 0.89
Median: 0.47
NEM: 0.16
Q1: 0.13
Min: 0.00

Franco-Nevada (FNV) vs. Newmont (NEM): FNV does not report debt-to-equity ratio, so it has no value marker; NEM is benchmarked against the Materials industry group.

Financial Strength Metrics

Financial strength metrics for Franco-Nevada (FNV) and Newmont (NEM)
Metric	FNV	NEM
Current Ratio (MRQ)	9.38	2.45
Debt / Equity (MRQ)	--	0.16
Net Debt / EBITDA	-0.49	-0.18

Dividends

Dividend Yield (TTM)

Both Franco-Nevada (FNV) at 0.65% and Newmont (NEM) at 0.87% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

FNV

Materials industry group

0.65%

Max: 4.52%
Q3: 1.85%
FNV: 0.65%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

NEM

Materials industry group

0.87%

Max: 4.52%
Q3: 1.85%
NEM: 0.87%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

Franco-Nevada (FNV) vs. Newmont (NEM): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

Both Franco-Nevada (FNV) at 21.44% and Newmont (NEM) at 11.95% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

FNV

Materials industry group

21.44%

Max: 83.62%
Q3: 41.37%
FNV: 21.44%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

NEM

Materials industry group

11.95%

Max: 83.62%
Q3: 41.37%
NEM: 11.95%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

Franco-Nevada (FNV) vs. Newmont (NEM): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for Franco-Nevada (FNV) and Newmont (NEM)
Metric	FNV	NEM
Dividend Yield (TTM)	0.65%	0.87%
Dividend Payout Ratio (TTM)	21.44%	11.95%

Valuation

P/E Ratio (TTM)

Newmont (NEM) at 14.03 is near its industry’s usual P/E ratio, while Franco-Nevada (FNV) at 33.33 sits in the richer quartile — FNV needs stronger growth or earnings quality to justify the premium.

FNV

Materials industry group

33.33

Max: 59.00
FNV: 33.33
Q3: 32.93
Median: 18.82
Q1: 11.96
Min: 3.93

NEM

Materials industry group

14.03

Max: 59.00
Q3: 32.93
Median: 18.82
NEM: 14.03
Q1: 11.96
Min: 3.93

Franco-Nevada (FNV) vs. Newmont (NEM): A comparison of their P/E ratio against the Materials industry group benchmark.

P/S Ratio (TTM)

Both look expensive on sales: Newmont (NEM) at 4.72 sits in the upper P/S ratio quartile, and Franco-Nevada (FNV) at 21.37 prices even higher, above its industry range.

FNV

Materials industry group

21.37

FNV: 21.37
Max: 9.62
Q3: 4.34
Median: 1.87
Q1: 0.73
Min: 0.00

NEM

Materials industry group

4.72

Max: 9.62
NEM: 4.72
Q3: 4.34
Median: 1.87
Q1: 0.73
Min: 0.00

Franco-Nevada (FNV) vs. Newmont (NEM): A comparison of their P/S ratio against the Materials industry group benchmark.

P/B Ratio (MRQ)

Newmont (NEM) at 3.53 is valued about in line with its industry on P/B ratio, while Franco-Nevada (FNV) at 5.97 carries an above-peer premium to book — FNV is pricier on assets.

FNV

Materials industry group

5.97

Max: 6.59
FNV: 5.97
Q3: 3.55
Median: 2.08
Q1: 1.26
Min: -0.17

NEM

Materials industry group

3.53

Max: 6.59
Q3: 3.55
NEM: 3.53
Median: 2.08
Q1: 1.26
Min: -0.17

Franco-Nevada (FNV) vs. Newmont (NEM): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for Franco-Nevada (FNV) and Newmont (NEM)
Metric	FNV	NEM
P/E Ratio (TTM)	33.33	14.03
P/S Ratio (TTM)	21.37	4.72
P/B Ratio (MRQ)	5.97	3.53
Free Cash Flow Yield (TTM)	0.96%	7.29%