FNV vs. OR: A Head-to-Head Stock Comparison

Updated on October 12, 2025

Here’s a clear look at FNV and OR, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

Symbol	FNV	OR
Company Name	Franco-Nevada Corporation	OR Royalties Inc.
Country	Canada	Canada
GICS Sector	Materials	Materials
GICS Industry	Metals & Mining	Metals & Mining
Market Capitalization	41.26 billion USD	7.67 billion USD
Exchange	NYSE	NYSE
Listing Date	December 7, 2007	July 6, 2016
Security Type	Common Stock	Common Stock

Historical Performance

This chart compares the performance of FNV and OR by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

FNV vs. OR: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	FNV	OR
5-Day Price Return	-2.16%	1.75%
13-Week Price Return	34.18%	53.17%
26-Week Price Return	34.84%	89.40%
52-Week Price Return	84.86%	124.63%
Month-to-Date Return	-2.10%	2.21%
Year-to-Date Return	79.52%	119.02%
10-Day Avg. Volume	0.31M	0.51M
3-Month Avg. Volume	0.32M	0.37M
3-Month Volatility	25.51%	29.47%
Beta	0.76	0.91

Profitability

Return on Equity (TTM)

FNV

12.62%

Metals & Mining Industry

Max: 41.55%
Q3: 17.74%
Median: 9.00%
Q1: 1.65%
Min: -21.32%

FNV’s Return on Equity of 12.62% is on par with the norm for the Metals & Mining industry, indicating its profitability relative to shareholder equity is typical for the sector.

OR

6.41%

Metals & Mining Industry

Max: 41.55%
Q3: 17.74%
Median: 9.00%
Q1: 1.65%
Min: -21.32%

OR’s Return on Equity of 6.41% is on par with the norm for the Metals & Mining industry, indicating its profitability relative to shareholder equity is typical for the sector.

FNV vs. OR: A comparison of their Return on Equity (TTM) against the Metals & Mining industry benchmark.

Net Profit Margin (TTM)

FNV

58.82%

Metals & Mining Industry

Max: 43.69%
Q3: 19.12%
Median: 6.48%
Q1: 1.50%
Min: -20.21%

FNV’s Net Profit Margin of 58.82% is exceptionally high, placing it well beyond the typical range for the Metals & Mining industry. This demonstrates outstanding operational efficiency and a strong competitive advantage in converting revenue into profit.

OR

34.28%

Metals & Mining Industry

Max: 43.69%
Q3: 19.12%
Median: 6.48%
Q1: 1.50%
Min: -20.21%

A Net Profit Margin of 34.28% places OR in the upper quartile for the Metals & Mining industry, signifying strong profitability and more effective cost management than most of its peers.

FNV vs. OR: A comparison of their Net Profit Margin (TTM) against the Metals & Mining industry benchmark.

Operating Profit Margin (TTM)

FNV

71.84%

Metals & Mining Industry

Max: 71.84%
Q3: 32.31%
Median: 12.50%
Q1: 2.69%
Min: -23.81%

An Operating Profit Margin of 71.84% places FNV in the upper quartile for the Metals & Mining industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.

OR

63.84%

Metals & Mining Industry

Max: 71.84%
Q3: 32.31%
Median: 12.50%
Q1: 2.69%
Min: -23.81%

An Operating Profit Margin of 63.84% places OR in the upper quartile for the Metals & Mining industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.

FNV vs. OR: A comparison of their Operating Profit Margin (TTM) against the Metals & Mining industry benchmark.

Profitability at a Glance

Symbol	FNV	OR
Return on Equity (TTM)	12.62%	6.41%
Return on Assets (TTM)	11.94%	5.64%
Net Profit Margin (TTM)	58.82%	34.28%
Operating Profit Margin (TTM)	71.84%	63.84%
Gross Profit Margin (TTM)	71.16%	75.90%

Financial Strength

Current Ratio (MRQ)

FNV

4.25

Metals & Mining Industry

Max: 5.27
Q3: 3.04
Median: 1.96
Q1: 1.42
Min: 0.13

FNV’s Current Ratio of 4.25 is in the upper quartile for the Metals & Mining industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.

OR

4.73

Metals & Mining Industry

Max: 5.27
Q3: 3.04
Median: 1.96
Q1: 1.42
Min: 0.13

OR’s Current Ratio of 4.73 is in the upper quartile for the Metals & Mining industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.

FNV vs. OR: A comparison of their Current Ratio (MRQ) against the Metals & Mining industry benchmark.

Debt-to-Equity Ratio (MRQ)

FNV

0.00

Metals & Mining Industry

Max: 1.10
Q3: 0.51
Median: 0.33
Q1: 0.09
Min: 0.00

Falling into the lower quartile for the Metals & Mining industry, FNV’s Debt-to-Equity Ratio of 0.00 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.

OR

0.03

Metals & Mining Industry

Max: 1.10
Q3: 0.51
Median: 0.33
Q1: 0.09
Min: 0.00

Falling into the lower quartile for the Metals & Mining industry, OR’s Debt-to-Equity Ratio of 0.03 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.

FNV vs. OR: A comparison of their Debt-to-Equity Ratio (MRQ) against the Metals & Mining industry benchmark.

Interest Coverage Ratio (TTM)

FNV

1,716.60

Metals & Mining Industry

Max: 51.62
Q3: 22.73
Median: 5.76
Q1: 0.82
Min: -21.72

With an Interest Coverage Ratio of 1,716.60, FNV demonstrates a superior capacity to service its debt, placing it well above the typical range for the Metals & Mining industry. This stems from either robust earnings or a conservative debt load.

OR

1.64

Metals & Mining Industry

Max: 51.62
Q3: 22.73
Median: 5.76
Q1: 0.82
Min: -21.72

OR’s Interest Coverage Ratio of 1.64 is positioned comfortably within the norm for the Metals & Mining industry, indicating a standard and healthy capacity to cover its interest payments.

FNV vs. OR: A comparison of their Interest Coverage Ratio (TTM) against the Metals & Mining industry benchmark.

Financial Strength at a Glance

Symbol	FNV	OR
Current Ratio (MRQ)	4.25	4.73
Quick Ratio (MRQ)	4.23	4.73
Debt-to-Equity Ratio (MRQ)	0.00	0.03
Interest Coverage Ratio (TTM)	1,716.60	1.64

Growth

Revenue Growth

FNV vs. OR: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

FNV vs. OR: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

FNV

0.62%

Metals & Mining Industry

Max: 8.17%
Q3: 3.57%
Median: 1.25%
Q1: 0.00%
Min: 0.00%

FNV’s Dividend Yield of 0.62% is consistent with its peers in the Metals & Mining industry, providing a dividend return that is standard for its sector.

OR

0.41%

Metals & Mining Industry

Max: 8.17%
Q3: 3.57%
Median: 1.25%
Q1: 0.00%
Min: 0.00%

OR’s Dividend Yield of 0.41% is consistent with its peers in the Metals & Mining industry, providing a dividend return that is standard for its sector.

FNV vs. OR: A comparison of their Dividend Yield (TTM) against the Metals & Mining industry benchmark.

Dividend Payout Ratio (TTM)

FNV

33.17%

Metals & Mining Industry

Max: 138.08%
Q3: 62.06%
Median: 33.17%
Q1: 10.41%
Min: 0.00%

FNV’s Dividend Payout Ratio of 33.17% is within the typical range for the Metals & Mining industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

OR

39.84%

Metals & Mining Industry

Max: 138.08%
Q3: 62.06%
Median: 33.17%
Q1: 10.41%
Min: 0.00%

OR’s Dividend Payout Ratio of 39.84% is within the typical range for the Metals & Mining industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

FNV vs. OR: A comparison of their Dividend Payout Ratio (TTM) against the Metals & Mining industry benchmark.

Dividend at a Glance

Symbol	FNV	OR
Dividend Yield (TTM)	0.62%	0.41%
Dividend Payout Ratio (TTM)	33.17%	39.84%

Valuation

Price-to-Earnings Ratio (TTM)

FNV

53.36

Metals & Mining Industry

Max: 83.04
Q3: 41.69
Median: 20.30
Q1: 12.95
Min: 1.75

A P/E Ratio of 53.36 places FNV in the upper quartile for the Metals & Mining industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.

OR

97.87

Metals & Mining Industry

Max: 83.04
Q3: 41.69
Median: 20.30
Q1: 12.95
Min: 1.75

At 97.87, OR’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Metals & Mining industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.

FNV vs. OR: A comparison of their Price-to-Earnings Ratio (TTM) against the Metals & Mining industry benchmark.

Price-to-Sales Ratio (TTM)

FNV

31.39

Metals & Mining Industry

Max: 9.28
Q3: 4.28
Median: 2.37
Q1: 0.86
Min: 0.16

With a P/S Ratio of 31.39, FNV trades at a valuation that eclipses even the highest in the Metals & Mining industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.

OR

33.55

Metals & Mining Industry

Max: 9.28
Q3: 4.28
Median: 2.37
Q1: 0.86
Min: 0.16

With a P/S Ratio of 33.55, OR trades at a valuation that eclipses even the highest in the Metals & Mining industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.

FNV vs. OR: A comparison of their Price-to-Sales Ratio (TTM) against the Metals & Mining industry benchmark.

Price-to-Book Ratio (MRQ)

FNV

4.68

Metals & Mining Industry

Max: 4.68
Q3: 2.45
Median: 1.55
Q1: 0.94
Min: 0.34

FNV’s P/B Ratio of 4.68 is in the upper tier for the Metals & Mining industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.

OR

3.65

Metals & Mining Industry

Max: 4.68
Q3: 2.45
Median: 1.55
Q1: 0.94
Min: 0.34

OR’s P/B Ratio of 3.65 is in the upper tier for the Metals & Mining industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.

FNV vs. OR: A comparison of their Price-to-Book Ratio (MRQ) against the Metals & Mining industry benchmark.

Valuation at a Glance

Symbol	FNV	OR
Price-to-Earnings Ratio (TTM)	53.36	97.87
Price-to-Sales Ratio (TTM)	31.39	33.55
Price-to-Book Ratio (MRQ)	4.68	3.65
Price-to-Free Cash Flow Ratio (TTM)	93.67	77.94