FNV vs. VMC: Franco-Nevada vs. Vulcan Materials Stock Comparison
How do Franco-Nevada (FNV) and Vulcan Materials (VMC) 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 Vulcan Materials (VMC) both fall under the Materials industry group, but FNV is classified in Metals & Mining while VMC is classified in Construction Materials.
| Profile Item | FNV | VMC |
|---|---|---|
| Name | Franco-Nevada Corporation | Vulcan Materials Company |
| Country/Region | Canada | United States |
| GICS Sector | Materials | Materials |
| GICS Industry Group | Materials | Materials |
| GICS Industry | Metals & Mining | Construction Materials |
| GICS Sub-Industry | Gold | Construction Materials |
| Market Capitalization | 49.17 billion USD | 36.29 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | December 7, 2007 | February 21, 1973 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FNV | VMC |
|---|---|---|
| Total Return (1Y) | 37.48% | 2.25% |
| Total Return (3Y, Annualized) | 30.93% | 12.53% |
| Total Return (5Y, Annualized) | 13.51% | 8.08% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | FNV | VMC |
|---|---|---|
| Volatility (1Y, Annualized) | 39.71% | 30.13% |
| Beta (5Y) | 0.28 | 0.98 |
| Max Drawdown (5Y) | -37.12% | -32.50% |
| Avg. Volume (3M) | 716.56K | 1.16M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FNV | VMC |
|---|---|---|
| Sharpe Ratio (1Y) | 0.84 | -0.07 |
| Sortino Ratio (1Y) | 1.19 | -0.09 |
Profitability
ROE (TTM)
Franco-Nevada (FNV) at 19.91% sits in the top ROE quartile, while Vulcan Materials (VMC) at 12.88% is closer to the peer norm — stronger capital efficiency for FNV.
FNV
Materials industry group
19.91%
- Max
- 52.88%
- FNV
- 19.91%
- Q3
- 19.49%
- Median
- 8.76%
- Q1
- -3.41%
- Min
- -32.81%
VMC
Materials industry group
12.88%
- Max
- 52.88%
- Q3
- 19.49%
- VMC
- 12.88%
- Median
- 8.76%
- Q1
- -3.41%
- Min
- -32.81%
Net Margin (TTM)
Franco-Nevada (FNV) at 64.23% converts revenue to bottom-line profit above its industry’s benchmark range, while Vulcan Materials (VMC) at 13.78% keeps roughly the typical share for its industry.
FNV
Materials industry group
64.23%
- FNV
- 64.23%
- Max
- 38.66%
- Q3
- 15.98%
- Median
- 5.28%
- Q1
- 0.00%
- Min
- -20.40%
VMC
Materials industry group
13.78%
- Max
- 38.66%
- Q3
- 15.98%
- VMC
- 13.78%
- Median
- 5.28%
- Q1
- 0.00%
- Min
- -20.40%
Operating Margin (TTM)
Franco-Nevada (FNV) at 76.98% turns sales into operating profit above its industry’s benchmark range, while Vulcan Materials (VMC) at 23.95% operates around its industry’s norm.
FNV
Materials industry group
76.98%
- FNV
- 76.98%
- Max
- 66.70%
- Q3
- 28.92%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
VMC
Materials industry group
23.95%
- Max
- 66.70%
- Q3
- 28.92%
- VMC
- 23.95%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
Profitability Metrics
| Metric | FNV | VMC |
|---|---|---|
| ROE (TTM) | 19.91% | 12.88% |
| ROA (TTM) | 13.74% | 5.89% |
| Net Margin (TTM) | 64.23% | 13.78% |
| Operating Margin (TTM) | 76.98% | 23.95% |
| Gross Margin (TTM) | 92.09% | 27.48% |
Growth
Revenue Growth
Franco-Nevada (FNV) at 63.69% sits in the top revenue growth quartile, while Vulcan Materials (VMC) at 7.06% is closer to the peer norm — faster top-line expansion for FNV.
EPS Growth
Both Franco-Nevada (FNV) at 100.70% and Vulcan Materials (VMC) at 18.39% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | FNV | VMC |
|---|---|---|
| Revenue Growth (YoY) | 63.69% | 7.06% |
| Revenue Growth (3Y CAGR) | 11.48% | 2.77% |
| EPS Growth (YoY) | 100.70% | 18.39% |
| EPS Growth (3Y CAGR) | 16.42% | 23.46% |
Financial Strength
Current Ratio (MRQ)
Franco-Nevada (FNV) at 9.38 carries current ratio above its industry’s typical mid-range, while Vulcan Materials (VMC) at 1.43 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.
FNV
Materials industry group
9.38
- FNV
- 9.38
- Max
- 5.96
- Q3
- 3.30
- Median
- 2.24
- Q1
- 1.45
- Min
- 0.16
VMC
Materials industry group
1.43
- Max
- 5.96
- Q3
- 3.30
- Median
- 2.24
- Q1
- 1.45
- VMC
- 1.43
- Min
- 0.16
Debt / Equity (MRQ)
Only one side’s leverage can be read here: Vulcan Materials (VMC) carries debt-to-equity ratio of 0.63 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
- --
VMC
Materials industry group
0.63
- Max
- 1.98
- Q3
- 0.89
- VMC
- 0.63
- Median
- 0.47
- Q1
- 0.13
- Min
- 0.00
Financial Strength Metrics
| Metric | FNV | VMC |
|---|---|---|
| Current Ratio (MRQ) | 9.38 | 1.43 |
| Debt / Equity (MRQ) | -- | 0.63 |
| Net Debt / EBITDA | -0.49 | 2.27 |
Dividends
Dividend Yield (TTM)
Both Franco-Nevada (FNV) at 0.65% and Vulcan Materials (VMC) at 0.72% 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%
VMC
Materials industry group
0.72%
- Max
- 4.52%
- Q3
- 1.85%
- VMC
- 0.72%
- Median
- 0.38%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Franco-Nevada (FNV) at 21.44% and Vulcan Materials (VMC) at 24.26% 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%
VMC
Materials industry group
24.26%
- Max
- 83.62%
- Q3
- 41.37%
- VMC
- 24.26%
- Median
- 9.54%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | FNV | VMC |
|---|---|---|
| Dividend Yield (TTM) | 0.65% | 0.72% |
| Dividend Payout Ratio (TTM) | 21.44% | 24.26% |
Valuation
P/E Ratio (TTM)
Both Franco-Nevada (FNV) at 33.33 and Vulcan Materials (VMC) at 33.46 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.
FNV
Materials industry group
33.33
- Max
- 59.00
- FNV
- 33.33
- Q3
- 32.93
- Median
- 18.82
- Q1
- 11.96
- Min
- 3.93
VMC
Materials industry group
33.46
- Max
- 59.00
- VMC
- 33.46
- Q3
- 32.93
- Median
- 18.82
- Q1
- 11.96
- Min
- 3.93
P/S Ratio (TTM)
Both look expensive on sales: Vulcan Materials (VMC) at 4.53 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
VMC
Materials industry group
4.53
- Max
- 9.62
- VMC
- 4.53
- Q3
- 4.34
- Median
- 1.87
- Q1
- 0.73
- Min
- 0.00
P/B Ratio (MRQ)
Both Franco-Nevada (FNV) at 5.97 and Vulcan Materials (VMC) at 4.31 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.
FNV
Materials industry group
5.97
- Max
- 6.59
- FNV
- 5.97
- Q3
- 3.55
- Median
- 2.08
- Q1
- 1.26
- Min
- -0.17
VMC
Materials industry group
4.31
- Max
- 6.59
- VMC
- 4.31
- Q3
- 3.55
- Median
- 2.08
- Q1
- 1.26
- Min
- -0.17
Valuation Metrics
| Metric | FNV | VMC |
|---|---|---|
| P/E Ratio (TTM) | 33.33 | 33.46 |
| P/S Ratio (TTM) | 21.37 | 4.53 |
| P/B Ratio (MRQ) | 5.97 | 4.31 |
| Free Cash Flow Yield (TTM) | 0.96% | 1.96% |