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AngloGold Ashanti vs FRANCO NEVADA: revenue, profit, margins and growth compared

AngloGold Ashanti brought in $9.9B of revenue in fiscal 2025, FRANCO NEVADA $1.8B in fiscal 2025. Revenue changed by +70.8% at AngloGold Ashanti and +63.7% at FRANCO NEVADA on the year before, so AngloGold Ashanti grew faster. AngloGold Ashanti kept 32.1% of its revenue as net profit, FRANCO NEVADA 61.0%.

Side by side, latest fiscal year

AUFNV
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$9.9B$1.8B
Revenue growth+70.8%+63.7%
Net income$3.2B$1.1B
Net margin32.1%61.0%
Free cash flown/a$1.5B
Free cash flow marginn/a81.8%
Earnings per share (diluted)$5.18$5.76
Cash$2.9B$670.9M
Debt$2Bn/a
Price to earningsn/an/a
Market value$50.1B$49.7B
Dividend yieldn/an/a
Rank by revenue in sector#9 of 71 · Basic materials#28 of 71 · Basic materials

Over the years

Revenue
AU FY2021: $4BAU FY2023: $4.5BAU FY2023: $4.6BAU FY2024: $5.8BAU FY2025: $9.9BFNV FY2018: $653.2MFNV FY2019: $844.1MFNV FY2020: $1BFNV FY2021: $1.3BFNV FY2022: $1.3BFNV FY2023: $1.2BFNV FY2024: $1.1BFNV FY2025: $1.8BFY18FY19FY20FY21FY22FY23FY24FY25
AU $9.9BFNV $1.8B
Net income
AU FY2021: $638MAU FY2023: $251MAU FY2023: -$222MAU FY2024: $1BAU FY2025: $3.2BFNV FY2018: $139MFNV FY2019: $344.1MFNV FY2020: $326.2MFNV FY2021: $733.7MFNV FY2022: $700.6MFNV FY2023: -$466.4MFNV FY2024: $552.1MFNV FY2025: $1.1BFY18FY19FY20FY21FY22FY23FY24FY25
AU $3.2BFNV $1.1B
Net margin
AU FY2021: 15.8%AU FY2023: 5.6%AU FY2023: -4.8%AU FY2024: 18.1%AU FY2025: 32.1%FNV FY2018: 21.3%FNV FY2019: 40.8%FNV FY2020: 32.0%FNV FY2021: 56.4%FNV FY2022: 53.2%FNV FY2023: -38.3%FNV FY2024: 49.6%FNV FY2025: 61.0%FY18FY19FY20FY21FY22FY23FY24FY25
AU 32.1%FNV 61.0%
Revenue growth
AU FY2023: +11.7%AU FY2023: +1.8%AU FY2024: +26.4%AU FY2025: +70.8%FNV FY2019: +29.2%FNV FY2020: +20.9%FNV FY2021: +27.4%FNV FY2022: +1.2%FNV FY2023: -7.3%FNV FY2024: -8.6%FNV FY2025: +63.7%FY19FY20FY21FY22FY23FY24FY25
AU +70.8%FNV +63.7%
Free cash flow
FNV FY2024: $829.3MFNV FY2025: $1.5BFY24FY25
AUFNV $1.5B

Fiscal years as each company reports them; the two may end in different months.

Questions about AngloGold Ashanti and FRANCO NEVADA

Which is bigger by revenue, AngloGold Ashanti or FRANCO NEVADA?

AngloGold Ashanti is bigger by revenue: $9.9B in fiscal 2025, against $1.8B for FRANCO NEVADA in fiscal 2025.

Which keeps more of its revenue as profit, AngloGold Ashanti or FRANCO NEVADA?

AngloGold Ashanti had a net margin of 32.1% in fiscal 2025; FRANCO NEVADA had 61.0% in fiscal 2025.

Which grew revenue faster, AngloGold Ashanti or FRANCO NEVADA?

In their latest fiscal years revenue changed by +70.8% at AngloGold Ashanti and +63.7% at FRANCO NEVADA.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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