Royal Gold, Inc.

Royal Gold, Inc.

RGLD
Royal Gold, Inc.US flagNASDAQ Global Select
262.11
USD
-2.74
- -
22.24BMarket Cap
Royal Gold, Inc.
RGLD
(NASDAQ Global Select)

Recent

price

262.11

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
3.13
3.93
4.6
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
19.61
Revenue per Share
0.49
1.3
1.62
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
9.35
Basic EPS, GAAP
-4.23
-2.42
-2
-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
0.01
Free Cash Flow per Basic Share
0.34
0.4
0.52
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
1.77
Dividend per Share
26.32
26.48
30.94
36.22
36.25
36.18
34.24
34.91
32.16
32.65
34.67
38
41.79
44.01
47.48
84.7
89.6
Book Value per Share
26.32
26.48
30.94
36.22
36.25
36.18
34.24
34.91
32.16
32.65
34.67
38
41.79
44.01
47.48
84.7
89.6
Tangible Book Value per Share
44
55
57
63
65
65
65
65
65
65
66
66
66
66
66
69
79
Basic Weighted Avg Shares
137
216
263
289
237
278
360
441
459
423
499
616
603
606
719
1,030
1,547
Sales/Revenue/Turnover
44.26
54.94
60.05
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
62.97
Operating Margin (%)
54
67
75
85
91
93
141
160
164
163
175
184
179
165
144
177
300
Depreciation Expense
21
71
92
69
63
52
-77
102
-113
94
199
303
239
239
332
466
738
Net Income, GAAP
32.5
33.52
35.75
46.48
23.46
15.37
- -
22.24
- -
16.42
- -
10.85
12.07
14.89
21.97
17.82
18.14
Effective Tax Rate (%)
15.74
32.98
35.15
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
47.7
Profit Margin (%)
335
140
430
709
713
772
142
109
74
121
319
245
122
95
190
257
243
Working Capital
222
210
293
302
312
314
601
586
351
215
300
- -
572
246
- -
895
396
LT Debt
1,434
1,488
1,863
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
7,634
Total Equity
3.31
4.66
5.24
3.78
3.1
3.71
- -
3.91
- -
4.79
- -
10.55
8.64
7.94
10.62
9.68
13.96
Return on Invested Capital (%)
1.31
4.16
4.72
3.24
2.97
2.7
- -
4.8
- -
5.06
- -
12.06
8.69
8.19
10.81
8.63
13.6
Return on Capital (%)
2
4.99
5.61
3.3
2.66
2.21
-3.37
4.51
-5.17
4.43
9.04
12.7
9.14
8.51
11.05
9.08
13.55
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
895
596
396
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
84
85
85
Market Capitalization
18,783
21,578
16,902

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
377
412
370
Cash, Cash Equivalents & STI
234
234
182
Accounts Receivable, Net
111
143
132
Inventories
26
31
30
Total Current Liabilities
121
117
127
Payables & Accruals
84
80
97
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
451
- -
- -
- -

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
2.79
- -
- -
- -

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
0.48
- -
- -
- -
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

  • Royal Gold: A Wonderful Company At A Fair Price

  • Royal Gold to Participate in the Renmark Financial Communications Virtual Non-Deal Roadshow Series on Thursday, September 17, 2026

  • How to profit from September stock-market weakness

  • Royal Gold Presenting at the 2026 Jefferies Global Industrials Conference

  • New Strong Sell Stocks for August 27th

  • Higher Prices, Production Send Royal Gold Shares Up

  • Royal Gold: Deleveraged, Growing, And Still Undervalued

  • Gold, Silver, and Copper Are Rebounding in August. Here's One Stock to Invest in to Own All of Them.

  • Bard Associates Inc. Takes $2.78 Million Position in Royal Gold, Inc. $RGLD

  • Allworth Financial LP Makes New Investment in Royal Gold, Inc. $RGLD

  • BlackRock Inc. Invests $2.18 Billion in Royal Gold, Inc. $RGLD

  • Royal Gold Announces Fourth Quarter Dividend

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

  • Jamie Dimon's JPMorgan Sees Gold Reaching $5,000 an Ounce by Q4, a Bullish Case for Investors Seeking a Hedge

  • Royal Gold Inc (RGLD) Shares Surge 5.4% -- What GF Score of 88 Tells Investors

  • RGLD Q2 Earnings Miss Estimates, Revenues Surge Y/Y on Metal Prices

  • Royal Gold Q2 Earnings Call Highlights

  • Royal Gold, Inc. (RGLD) Q2 2026 Earnings Call Transcript

  • Royal Gold Inc (RGLD) Stock Up 4.4% and Still Undervalued -- GF Score: 96/100

  • Royal Gold Reports Strong Second Quarter Financial Results Including Record Operating Cash Flow, Repurchase of Shares and Further Repayment of Debt