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

262.79 1.51 +0.58%
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) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Royal Gold, Inc. (RGLD) trades at a price to free cash flow of 15.0×. Over the past ten years it has ranged from 6.7× (January 2016) to 30.0× (March 2026); the current reading is higher than 36% of that period. That is in line with the Gold industry median of 15.5× and below the Basic Materials sector median of 17.7×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 21.9× 33.91%
FY2024 16.4× (13.52%)
FY2023 18.9× 2.99%
FY2022 18.4× 30.80%
FY2022 14.0× (23.60%)
FY2021 18.4× 10.56%
FY2020 16.6× (10.53%)
FY2019 18.6× 46.34%
FY2018 12.7× (2.39%)
FY2017 13.0× (37.88%)

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 13.5× 4.41%
Jun 2026 12.9× (32.44%)
Mar 2026 19.1× (12.60%)
Dec 2025 21.9× 0.29%
43 more quarters

Against its own ten years

Low 6.7× High 30.0×
Ten-year median 16.6×
Current reading's percentile 36

Price to free cash flow against peers

Company Price to free cash flow
WPM Wheaton Precious Metals Corp. compare n/m
GFI Gold Fields Limited compare 6.6×
AU AngloGold Ashanti PLC compare 10.5×
CDE Coeur Mining, Inc. compare 11.5×
RGLD Royal Gold, Inc. 15.0×
BTG B2Gold Corp compare 15.5×
HMY Harmony Gold Mining Company Limited compare 20.8×
EQX Equinox Gold Corp. compare 34.2×
FNV Franco-Nevada Corporation compare 48.4×
Gold industry median 15.5×
Basic Materials sector median 17.7×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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