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) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Stream interest 686 66.62%
Royalty revenue 344 33.38%
Gross margin 87.29%
Operating margin 61.93%
Pre-tax margin 55.69%

Revenue by segment $m

Line FY2025 FY2024 FY2023 FY2022 FY2021 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014
Stream interest 686 483 418 418 424 306 325 314 167 61 18
Royalty revenue 344 236 187 185 192 117 135 127 122 184 210
Other, not broken out — — — — 38 — — — — — —
Revenue 1,030 719 606 603 616 423 459 441 289 245 228

Operating figures as reported in each quarter’s results release or filing

Figure Quarter Latest A year before Change
Copper stream sales Q1 FY2027 3.8M 1.2K +316,566.67%
Gold in inventory Q1 FY2027 23.3K 19.0K +22.63%
Gold stream sales Q1 FY2027 57.6K 38.6K +49.22%
Sales volume Q1 FY2027 109.0K 72.9K +49.52%
Silver in inventory Q1 FY2027 424.2K 379.2K +11.87%
Silver stream sales Q1 FY2027 772.3K 594.5K +29.91%

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.