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.

Price · RGLD

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$1.03B	$719.39M	$605.72M	$653.57M	$615.86M	$498.82M
Cost of Revenue	-	-	-	-	-	-
Gross Profit	$714.33M	$471.17M	$343.39M	$323.10M	$333.00M	$236.06M
R&D	-	-	-	-	-	-
SG&A	$49.18M	$40.93M	$39.76M	$29.31M	$28.39M	$30.20M
Total Operating Expenses	$392.30M	$289.50M	$302.51M	$325.18M	$312.16M	$299.87M
D&A	$177.08M	$144.43M	$164.94M	$189.01M	$183.57M	$175.43M
Operating Income	$638.17M	$429.90M	$303.20M	$328.39M	$337.60M	$198.94M
Interest Expense	-	-	-	-	$1.70M	-
Income Tax	$102.29M	$93.61M	$42.01M	$32.93M	$36.87M	($3.65M)
Net Income	$466.28M	$332.02M	$239.44M	$274.04M	$302.53M	$199.34M
EPS - Basic	$6.70	$5.04	$3.64	$3.64	$4.61	$3.04
EPS - Diluted	$6.69	$5.04	$3.63	$4.17	$4.60	$3.03

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$233.72M	$195.50M	$104.17M	$118.59M	$143.55M	$319.13M
Accounts Receivable	-	-	-	-	-	-
Inventory	$25.88M	$12.97M	$9.79M	$12.66M	$11.61M	$11.67M
Accounts Payable	$10.06M	$10.58M	$11.44M	$6.69M	$6.47M	$2.48M
Current Assets	$377.45M	$275.29M	$167.43M	$185.83M	$216.00M	$362.15M
Total Assets	$9.54B	$3.39B	$3.36B	$3.53B	$2.76B	$2.77B
Current Liabilities	$120.92M	$85.15M	$72.42M	$63.59M	$61.43M	$43.55M
Long-term Debt	$895.44M	$0	$245.97M	$571.57M	-	$300.44M
Total Liabilities	$2.33B	$260.92M	$460.42M	$781.05M	$155.82M	$464.17M
Stockholders' Equity	$7.16B	$3.12B	$2.89B	$2.74B	$2.59B	$2.27B
Retained Earnings	$1.23B	$889.99M	$666.52M	$527.31M	$381.93M	$61.13M

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$704.85M	$529.50M	$415.79M	$461.87M	$407.15M	$340.75M
Investing Cash Flow	($1.42B)	($77.68M)	($2.83M)	($416.97M)	($116.74M)	($152.86M)
Financing Cash Flow	$751.93M	($360.49M)	($427.38M)	($283.21M)	($383.63M)	$11.76M
CapEx	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	69.3%	65.5%	56.7%	49.4%	54.1%	47.3%
Operating margin	61.9%	59.8%	50.1%	50.2%	54.8%	39.9%
EBITDA margin	79.1%	79.8%	77.3%	79.2%	84.6%	75.1%
Net margin	45.2%	46.2%	39.5%	41.9%	49.1%	40.0%
Free cash flow margin	-	-	-	-	-	-
FCF / Net income	-	-	-	-	-	-
R&D / Revenue	-	-	-	-	-	-
SG&A / Revenue	4.8%	5.7%	6.6%	4.5%	4.6%	6.1%
Effective tax rate	18.0%	22.0%	14.9%	10.7%	10.9%	-1.9%
Return on assets	4.9%	9.8%	7.1%	7.8%	11.0%	7.2%
Return on equity	6.5%	10.6%	8.3%	10.0%	11.7%	8.8%
Return on invested capital	6.5%	10.8%	8.2%	8.8%	-	7.7%
Liquidity
Current ratio	3.12	3.23	2.31	2.92	3.52	8.31
Quick ratio	2.91	3.08	2.18	2.72	3.33	8.05
Cash ratio	1.93	2.30	1.44	1.86	2.34	7.33
Leverage
Debt / Equity	0.13	0.00	0.09	0.21	-	0.13
Debt / Assets	0.09	0.00	0.07	0.16	-	0.11
Debt / EBITDA	1.10	0.00	0.53	1.10	-	0.80
Interest coverage	-	-	-	-	198.6x	-
Equity multiplier	1.33	1.09	1.16	1.29	1.07	1.22
Liabilities / Assets	0.24	0.08	0.14	0.22	0.06	0.17
Efficiency
Asset turnover	0.11	0.21	0.18	0.18	0.22	0.18
Inventory turnover	-	-	-	-	-	-
Days sales outstanding	-	-	-	-	-	-
Days inventory outstanding	-	-	-	-	-	-
Days payable outstanding	-	-	-	-	-	-
Cash conversion cycle	-	-	-	-	-	-
Valuation
P / E	33.2x	26.2x	33.3x	27.0x	22.9x	41.0x
P / B	2.2x	2.8x	2.8x	2.7x	2.7x	3.6x
P / S	15.0x	12.1x	13.1x	11.3x	11.2x	16.4x
EV / EBITDA	19.8x	14.8x	17.3x	15.2x	13.0x	21.7x
Growth
Revenue growth (YoY)	43.2%	18.8%	-7.3%	6.1%	23.5%	13.2%
Revenue CAGR (3y)	16.4%	5.3%	6.7%	14.0%	-	-
Revenue CAGR (5y)	15.6%	10.3%	-	-	16.4%	16.9%
Gross profit growth (YoY)	51.6%	37.2%	6.3%	-3.0%	41.1%	32.2%
Operating income growth (YoY)	48.4%	41.8%	-7.7%	-2.7%	69.7%	41.4%
Net income growth (YoY)	40.4%	38.7%	-12.6%	-9.4%	51.8%	112.5%
EPS growth (YoY)	32.7%	38.8%	-12.9%	-9.3%	51.8%	111.9%
EPS CAGR (3y)	17.1%	3.1%	6.2%	42.9%	-	25.0%
EPS CAGR (5y)	17.2%	28.7%	-	21.9%	-	30.5%
FCF growth (YoY)	-	-	-	-	-	-
FCF CAGR (5y)	-	-	-	-	-	-
Book value growth (YoY)	129.5%	8.0%	5.4%	5.9%	13.9%	6.3%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$1.03B total

Stream Interest$686.47M · 66.6%

Royalty Interest$344.00M · 33.4%

Product / service

$686.47M total

Gold$547.87M · 79.8%

Silver$92.38M · 13.5%

Copper$44.25M · 6.4%

Other Metals$1.97M · 0.3%

Geographic

$686.47M total

North America$440.74M · 64.2%

EMEA$137.28M · 20.0%

South And Central Amercia$107.44M · 15.7%

AU$1.01M · 0.1%

Stability scores

Altman Z′

FY 2025 · bankruptcy risk

1.73

Grey zone

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2025 · 9-point quality

4/9

Neutral

✓Net income positive
✓Operating cash flow positive
✗ROA improved YoY
✓Cash flow > net income
✗Long-term debt decreased
✗Current ratio improved
✗No share dilution
✓Gross margin improved
✗Asset turnover improved

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