GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Franco-Nevada Corp (NYSE:FNV) » Definitions » Retained Earnings

Franco-Nevada (Franco-Nevada) Retained Earnings : $212 Mil (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Franco-Nevada Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Franco-Nevada's retained earnings for the quarter that ended in Dec. 2023 was $212 Mil.

Franco-Nevada's quarterly retained earnings increased from Jun. 2023 ($1,151 Mil) to Sep. 2023 ($1,261 Mil) but then declined from Sep. 2023 ($1,261 Mil) to Dec. 2023 ($212 Mil).

Franco-Nevada's annual retained earnings increased from Dec. 2021 ($485 Mil) to Dec. 2022 ($940 Mil) but then declined from Dec. 2022 ($940 Mil) to Dec. 2023 ($212 Mil).


Franco-Nevada Retained Earnings Historical Data

The historical data trend for Franco-Nevada's Retained Earnings 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 Retained Earnings Chart

Franco-Nevada Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -164.40 -34.40 484.90 940.40 212.30

Franco-Nevada Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings 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 940.40 1,031.50 1,150.90 1,260.70 212.30

Franco-Nevada Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Franco-Nevada  (NYSE:FNV) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Franco-Nevada (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 United States, Canada, and Australia.

Franco-Nevada (Franco-Nevada) Headlines

From GuruFocus

Franco-Nevada Announces Election of Directors

By PRNewswire PRNewswire 07-15-2022

Passing of Randall Oliphant

By PRNewswire 09-05-2023

Franco-Nevada: A Setback Called Cobre Panama

By Fun Trading 12-11-2023

Franco-Nevada Announces Election of Directors

By PRNewswire PRNewswire 05-03-2023

Cobre Panama Supreme Court Update

By PRNewswire 11-28-2023

Cobre Panama Concession Contract Update

By PRNewswire 10-31-2023

Franco-Nevada Provides Additional Update on Cobre Panama

By PRNewswire PRNewswire 01-10-2023

Franco-Nevada Provides Further Update on Cobre Panama

By PRNewswire PRNewswire 12-28-2022