Royal Gold, Inc.

Royal Gold, Inc.

RGLD
Royal Gold, Inc.US flagNASDAQ Global Select
219.58
USD
+1.72
- -
15.24BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4.57
3.65
4.28
5.53
6.77
7.03
6.47
7.61
9.4
9.2
9.23
10.96
14.84
17.62
Basic EPS, GAAP
1.09
0.97
0.8
-1.19
1.56
-1.73
1.43
3.04
4.62
3.64
3.65
5.06
6.72
8.55
Free Cash Flow per Basic Share
-2.24
1.04
2.03
-18.08
0.97
4.86
3.86
2.82
3.65
-7.7
6.3
6.5
-6.62
-3.3
Dividend per Share
0.69
0.82
0.86
0.9
0.94
0.98
1.03
1.09
1.16
1.4
1.5
1.6
1.71
1.74
Book Value per Share
3.34
3.19
2.86
0.76
1.36
-1.37
-1
0.94
4.38
8.05
10.17
13.56
17.69
19.81
Tangible Book Value per Share
37.48
36.55
37.16
35.13
35.61
32.8
33.19
35.13
38.19
41.99
44.21
47.69
103.79
100.64
Basic Weighted Avg Shares
63
65
65
65
65
65
65
66
66
66
66
66
69
74
Sales/Revenue/Turnover
289
237
278
360
441
459
423
499
616
603
606
719
1,030
1,306
Operating Margin (%)
59.18
45.84
42.65
28.74
33.11
35.91
33.26
40.15
49.31
47.74
50.06
59.76
64.5
64.21
Depreciation Expense
85
91
93
141
160
164
163
175
184
179
165
144
177
235
Net Income, GAAP
69
63
52
-77
102
-113
94
199
303
239
239
332
466
634
Effective Tax Rate (%)
46.48
23.46
15.37
- -
22.24
- -
16.42
- -
10.85
12.07
14.89
21.97
17.82
15.5
Profit Margin (%)
23.91
26.41
18.69
-21.44
23.03
-24.65
22.18
39.96
49.12
39.62
39.53
46.15
45.25
48.53
Working Capital
709
713
772
142
109
74
121
319
245
122
95
190
257
295
LT Debt
302
312
314
601
586
351
215
300
- -
572
246
- -
895
596
Total Equity
2,371
2,373
2,416
2,286
2,320
2,141
2,170
2,302
2,503
2,753
2,901
3,131
7,205
7,462
Return on Invested Capital (%)
3.78
3.1
3.71
- -
3.91
- -
4.79
- -
10.55
8.64
7.94
10.62
9.68
12.52
Return on Capital (%)
14.9
14.86
13.28
- -
19.48
- -
50.96
- -
89.06
35.87
26.01
37.1
31.54
42.79
Return on Common Equity (%)
33.97
29.93
26.44
-65.66
147.21
- -
- -
- -
173.52
58.65
40.07
42.63
44.02
51.89

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
770
895
596
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
66
84
85
Market Capitalization
13,186
15,426
18,870

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
287
377
412
Cash, Cash Equivalents & STI
173
234
234
Accounts Receivable, Net
70
111
143
Inventories
21
26
31
Total Current Liabilities
100
121
117
Payables & Accruals
77
84
80
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.8%
32.43%
130.11%
Free Cash Flow
-141.22%
-133.61%
-207.72%
Net Income, GAAP
-65.19%
22.01%
40.44%
Sales/Revenue/Turnover
15%
16.77%
43.24%
Total Cash Common Dividend
7.88%
10.78%
12.63%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
149
174
194
203
719
2025
193
210
252
375
1,030
2026
469
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.72
1.24
1.47
- -
5.06
2025
1.73
2.01
1.93
1.16
6.72
2026
3.32
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.4
0.4
0.4
- -
1.6
2025
0.45
0.45
0.45
0.37
1.71
2026
0.47
- -
- -
- -
- -

Company Description

APIChat
CEO
William H. Heissenbuttel
Full Time Employees
30
Sector
Basic Materials
Industry
Gold
Address
1144 15th Street Denver CO United States of America 80202
IPO Date
Jun 9, 1981
Business
Royal Gold, Inc. engages primarily in the acquisition and management of precious metals streams and royalty interests, focusing predominantly on gold. The company provides upfront capital to mining operators in exchange for rights to purchase specified percentages of metals produced at preset prices or to receive a portion of the revenue from mining operations without assuming operational risks or costs. Its product portfolio includes metal streams, which are purchase agreements for future production at discounted rates, and royalty interests that entitle it to a share of revenue or production from mineral properties. Key producing assets contributing significantly to revenue include mines such as Andacollo, Pueblo Viejo, and Cortez. Royal Gold operates globally, targeting mining projects that meet its criteria for long-life and high-quality precious metals exposure. Established in 1981, the company is headquartered in Denver, Colorado. Recent major developments include strategic acquisitions of Sandstorm Gold Ltd. and Horizon Copper Corp. for over $3.5 billion, significantly expanding its scale, growth prospects, and diversification into precious metals and copper. These acquisitions complement Royal Gold’s existing portfolio by adding development-heavy assets to its producing-heavy holdings, with a focus on enhancing asset diversification and operational simplification. In 2025, Royal Gold also acquired a stream and royalty interest in the Warintza copper-gold-molybdenum project in Ecuador, projected to start production in the early 2030s. The company continues to strengthen its financial position, reporting record revenues exceeding $250 million in recent quarters, increasing dividends, and maintaining a strong balance sheet to support growth and shareholder returns. Royal Gold's business model uniquely leverages commodity prices with limited operational overhead by investing in long-term streaming and royalty agreements. Its diversification strategy ensures no single asset represents more than 12% of net asset value, mitigating concentration risk. The company’s core industry segments include the precious metals royalty and streaming sector, targeting mine operators, developers, and investors worldwide who seek exposure to gold, silver, and copper markets without direct mining risks. Through continuous portfolio expansion and strategic partnerships, Royal Gold aims to sustain its leadership as a premier growth company in precious metals finance.

Company News

APIChat
  • What Is the Best Way to Own Gold in 2026?

  • Royal Gold Reduces Cost Exposure With Hod Maden Stake Restructuring

  • Royal Gold Announces Third Quarter Dividend

  • SSR Mining Inks Deal to Sell Its Interests in Hod Maden Project

  • Royal Gold Announces Restructuring of Hod Maden Project Interests

  • Royal Gold, Inc. (RGLD) Presents at Renmark Financial Communications Virtual Non-Deal Roadshow Series Transcript

  • Royal Gold Q1 Earnings Call Highlights

  • Royal Gold, Inc. (RGLD) Q1 2026 Earnings Call Transcript

  • Royal Gold Reports a Strong Start to 2026 with Record Revenue, Operating Cash Flow and Earnings for the First Quarter, and Adds Capital Allocation Tools to Provide Future Flexibility

  • Royal Gold to Participate in the Renmark Financial Communications Virtual Non-Deal Roadshow Series on Tuesday, May 12, 2026

  • U.S. GoldMining (NASDAQ:USGO) vs. Royal Gold (NASDAQ:RGLD) Financial Survey

  • Royal Gold, Inc. (RGLD) Presents at Renmark Financial Communications Virtual Non-Deal Roadshow Series Transcript

  • The Top 10 Gold Royalty And Streaming Companies

  • Royal Gold earns ‘Buy' rating in initial coverage from UBS on growth, re-rating potential

  • BCS Wealth Management Buys 19,478 Shares of Royal Gold, Inc. $RGLD

  • Royal Gold, Inc. (RGLD) Presents at Mining Forum Europe 2026 Transcript

  • Royal Gold to Participate in the Renmark Financial Communications Virtual Non-Deal Roadshow Series on Tuesday, April 21, 2026

  • Head to Head Analysis: Royal Gold (NASDAQ:RGLD) & American International Ventures (OTCMKTS:AIVN)

  • Crewe Advisors LLC Invests $2.78 Million in Royal Gold, Inc. $RGLD

  • Royal Gold Presenting at the Mining Forum Europe 2026 Conference