RGLD · Royal Gold Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $469.13M | - | $252.07M | $209.64M | $193.44M | - | $193.84M | $174.10M | $148.90M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | $314.89M | - | $185.44M | $152.19M | $134.25M | - | $129.03M | $112.68M | $87.02M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $17.53M | - | $10.21M | $10.27M | $11.06M | - | $10.10M | $10.51M | $11.41M | - |
| Total Operating Expenses | $172.03M | - | $89.72M | $67.80M | $70.33M | - | $74.99M | $72.01M | $73.38M | - |
| D&A | $90.88M | - | $32.90M | $31.15M | $32.99M | - | $36.18M | $35.75M | $38.77M | - |
| Operating Income | $297.09M | - | $162.34M | $141.84M | $123.11M | - | $118.85M | $102.08M | $75.53M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $25.40M | - | $28.70M | $10.54M | $10.39M | - | $21.51M | $18.99M | $27.03M | - |
| Net Income | $281.13M | - | $126.82M | $132.35M | $113.50M | - | $96.24M | $81.21M | $47.17M | - |
| EPS - Basic | $3.31 | - | $1.92 | $2.01 | $1.72 | - | $1.46 | $1.23 | $0.72 | - |
| EPS - Diluted | $3.30 | - | $1.92 | $2.01 | $1.72 | - | $1.46 | $1.23 | $0.72 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $234.14M | $233.72M | $172.85M | $248.18M | $240.76M | $195.50M | $127.88M | $74.23M | $137.95M | $104.17M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | $30.86M | $25.88M | $21.01M | $13.34M | $14.56M | $12.97M | $11.62M | $10.90M | $11.42M | $9.79M |
| Accounts Payable | $7.27M | $10.06M | $6.05M | $5.51M | $2.46M | $10.58M | $13.24M | $13.23M | $11.60M | $11.44M |
| Current Assets | $412.28M | $377.45M | $287.37M | $342.01M | $316.50M | $275.29M | $202.10M | $133.50M | $193.05M | $167.43M |
| Total Assets | $9.49B | $9.54B | $4.47B | $3.57B | $3.46B | $3.39B | $3.30B | $3.27B | $3.31B | $3.36B |
| Current Liabilities | $117.09M | $120.92M | $99.54M | $76.10M | $66.77M | $85.15M | $86.32M | $122.38M | $77.14M | $72.42M |
| Long-term Debt | $595.69M | $895.44M | $770.20M | - | - | $0 | $0 | $0 | $146.19M | $245.97M |
| Total Liabilities | $2.03B | $2.33B | $1.05B | $253.49M | $243.17M | $260.92M | $250.70M | $287.83M | $389.94M | $460.42M |
| Stockholders' Equity | $7.42B | $7.16B | $3.41B | $3.31B | $3.20B | $3.12B | $3.04B | $2.97B | $2.91B | $2.89B |
| Retained Earnings | $1.47B | $1.23B | $1.17B | $1.08B | $973.85M | $889.99M | $812.19M | $742.27M | $687.38M | $666.52M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $293.56M | - | - | - | $136.37M | - | - | - | $138.28M | - |
| Investing Cash Flow | $34.11M | - | - | - | ($58.30M) | - | - | - | $23.59M | - |
| Financing Cash Flow | ($327.25M) | - | - | - | ($32.81M) | - | - | - | ($128.09M) | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 67.1% | - | 73.6% | 72.6% | 69.4% | - | 66.6% | 64.7% | 58.4% | - |
| Operating margin | 63.3% | - | 64.4% | 67.7% | 63.6% | - | 61.3% | 58.6% | 50.7% | - |
| EBITDA margin | 82.7% | - | 77.5% | 82.5% | 80.7% | - | 80.0% | 79.2% | 76.8% | - |
| Net margin | 59.9% | - | 50.3% | 63.1% | 58.7% | - | 49.7% | 46.6% | 31.7% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 3.7% | - | 4.1% | 4.9% | 5.7% | - | 5.2% | 6.0% | 7.7% | - |
| Effective tax rate | 8.3% | - | 18.5% | 7.4% | 8.4% | - | 18.3% | 19.0% | 36.4% | - |
| Return on assets | 3.0% | - | 2.8% | 3.7% | 3.3% | - | 2.9% | 2.5% | 1.4% | - |
| Return on equity | 3.8% | - | 3.7% | 4.0% | 3.5% | - | 3.2% | 2.7% | 1.6% | - |
| Return on invested capital | 3.4% | - | 3.2% | - | - | - | 3.2% | 2.8% | 1.6% | - |
| Liquidity | ||||||||||
| Current ratio | 3.52 | 3.12 | 2.89 | 4.49 | 4.74 | 3.23 | 2.34 | 1.09 | 2.50 | 2.31 |
| Quick ratio | 3.26 | 2.91 | 2.68 | 4.32 | 4.52 | 3.08 | 2.21 | 1.00 | 2.35 | 2.18 |
| Cash ratio | 2.00 | 1.93 | 1.74 | 3.26 | 3.61 | 2.30 | 1.48 | 0.61 | 1.79 | 1.44 |
| Leverage | ||||||||||
| Debt / Equity | 0.08 | 0.13 | 0.23 | - | - | 0.00 | 0.00 | 0.00 | 0.05 | 0.09 |
| Debt / Assets | 0.06 | 0.09 | 0.17 | - | - | 0.00 | 0.00 | 0.00 | 0.04 | 0.07 |
| Debt / EBITDA | 1.54 | - | 3.94 | - | - | - | 0.00 | 0.00 | 1.28 | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.28 | 1.33 | 1.31 | 1.08 | 1.08 | 1.09 | 1.09 | 1.10 | 1.14 | 1.16 |
| Liabilities / Assets | 0.21 | 0.24 | 0.23 | 0.07 | 0.07 | 0.08 | 0.08 | 0.09 | 0.12 | 0.14 |
| Efficiency | ||||||||||
| Asset turnover | 0.05 | - | 0.06 | 0.06 | 0.06 | - | 0.06 | 0.05 | 0.04 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 77.1x | - | 104.5x | 88.5x | 95.1x | - | 96.1x | 101.8x | 169.2x | - |
| P / B | 2.9x | - | 3.9x | 3.5x | 3.4x | - | 3.0x | 2.8x | 2.8x | - |
| P / S | 46.1x | - | 52.4x | 55.8x | 55.6x | - | 47.6x | 47.3x | 53.8x | - |
| EV / EBITDA | 56.7x | - | 70.7x | 66.2x | 67.4x | - | 58.7x | 59.2x | 70.1x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 142.5% | - | 30.0% | 20.4% | 29.9% | - | 39.8% | 20.9% | -12.6% | - |
| Revenue CAGR (3y) | 40.2% | - | 24.2% | 12.7% | 3.5% | - | 10.8% | 3.2% | 0.5% | - |
| Revenue CAGR (5y) | 26.1% | - | 13.1% | 11.1% | 10.2% | - | 12.0% | 8.8% | 8.3% | - |
| Gross profit growth (YoY) | 134.6% | - | 43.7% | 35.1% | 54.3% | - | 70.7% | 38.9% | -10.4% | - |
| Operating income growth (YoY) | 141.3% | - | 36.6% | 38.9% | 63.0% | - | 81.3% | 42.0% | -12.2% | - |
| Net income growth (YoY) | 147.7% | - | 31.8% | 63.0% | 140.6% | - | 95.1% | 28.0% | -26.2% | - |
| EPS growth (YoY) | 91.9% | - | 31.5% | 63.4% | 138.9% | - | 94.7% | 26.8% | -25.8% | - |
| EPS CAGR (3y) | 50.4% | - | 40.0% | 23.0% | 17.1% | - | 21.2% | 10.6% | -23.8% | - |
| EPS CAGR (5y) | 15.2% | - | 26.6% | 26.1% | 10.0% | - | 27.1% | 27.9% | 25.6% | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 131.5% | 129.5% | 12.1% | 11.4% | 10.0% | 8.0% | 6.6% | 5.1% | 4.6% | 5.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$1.03B totalStream Interest$686.47M · 66.6%
Royalty Interest$344.00M · 33.4%
Product / service
$686.47M totalGold$547.87M · 79.8%
Silver$92.38M · 13.5%
Copper$44.25M · 6.4%
Other Metals$1.97M · 0.3%
Geographic
$686.47M totalNorth America$440.74M · 64.2%
EMEA$137.28M · 20.0%
South And Central Amercia$107.44M · 15.7%
AU$1.01M · 0.1%
Peer comparison
Same SIC group: Mineral Royalty Traders
| Company | Revenue (last FY) | Net margin | ROE |
|---|---|---|---|
| SSRM | $1.63B | 24.3% | 11.3% |
Comparing ROYAL GOLD INC against the 1 most active filer in the same SIC group.
Dividends
$1.85/share trailing 12 months · +8.8% YoY
| Ex-date | Per share |
|---|---|
| Apr 2, 2026 | $0.4750 |
| Jan 2, 2026 | $0.4750 |
| Oct 3, 2025 | $0.4500 |
| Jul 3, 2025 | $0.4500 |
| Apr 4, 2025 | $0.4500 |
| Jan 3, 2025 | $0.4500 |
| Oct 4, 2024 | $0.4000 |
| Jul 5, 2024 | $0.4000 |
| Apr 4, 2024 | $0.4000 |
| Jan 4, 2024 | $0.4000 |
| Oct 5, 2023 | $0.3750 |
| Jul 6, 2023 | $0.3750 |
| Apr 5, 2023 | $0.3750 |
| Jan 5, 2023 | $0.3750 |
| Oct 6, 2022 | $0.3500 |
| Jun 30, 2022 | $0.3500 |
| Mar 31, 2022 | $0.3500 |
| Jan 6, 2022 | $0.3500 |
| Sep 30, 2021 | $0.3000 |
| Jul 1, 2021 | $0.3000 |
| Mar 31, 2021 | $0.3000 |
| Jan 7, 2021 | $0.3000 |
| Oct 1, 2020 | $0.2800 |
| Jul 1, 2020 | $0.2800 |