Royal Gold, Inc.

RGLD Basic Materials Gold

Royal Gold, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.0 billion, up 43.2% from fiscal 2024.

Revenue
+84.4%
EPS
+39.6%
Free cash flow
+98.0%
Total debt
−81.0%

Quarter to September 2026, against a year earlier

262.25 16.17 +6.57%
Market cap
$22.1B
P/E
26.4×
Fwd P/E
19.7×
Dividend yield
0.72%
F-score
4/9
Altman Z
4.51
Beneish M
−2.19
Dividend safety
89/100

Royal Gold, Inc. (RGLD) Gross margin

Alert me on Gross margin

Royal Gold, Inc.'s gross margin over the twelve months to 30 September 2026 was 86.7%, down 0.6 percentage points from fiscal 2025 (87.3%). Over the past ten years it has ranged from 53.5% (fiscal 2022) to 88.0% (fiscal 2015); the current reading is higher than 92% of that period. That is above the Gold industry median of 49.1% and above the Basic Materials sector median of 25.0%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 87.3% 0.85
FY2024 86.4% 1.38
FY2023 85.1% 0.75
FY2022 84.3% 30.83
FY2022 53.5% (31.44)
FY2021 84.9% 1.74
FY2020 83.2% 1.51
FY2019 81.7% (0.07)
FY2018 81.7% 1.54
FY2017 80.2% (0.07)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 86.6% (0.07)
Jun 2026 86.7% (0.48)
Mar 2026 87.1% 0.69
Dec 2025 86.5% (1.10)
43 more quarters

Against its own ten years

Low 53.5% High 88.0%
Ten-year median 83.7%
Current reading's percentile 86

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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