Royal Gold, Inc.
NASDAQ:RGLD · NASDAQ Global Select
-$3.11 today
Vol 1.54M · Avg 0.93M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
NASDAQ:RGLD · Revenue to Net Income
Key Ratios
Analysis
$1.3B of revenue converted into $633.9M of net income for the selected period. Gross margin is 69.4% and net margin is 49.6%, showing how much revenue survives after costs and taxes. EPS is $8.39, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.0B +44.6% | $712.8M +19.1% | $598.4M +0.4% | $596.2M -7.6% | $645.2M | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $316.6M +224.7% | $97.5M +7.7% | $90.5M -4.4% | $94.6M -3.9% | $98.5M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $713.9M +16.0% | $615.3M +21.1% | $507.9M +1.3% | $501.5M -8.3% | $546.7M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 69.3% -17.0pp | 86.3% +1.4pp | 84.9% +0.7pp | 84.1% -0.6pp | 84.7% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $49.2M +20.2% | $40.9M +3.0% | $39.8M +14.9% | $34.6M +18.1% | $29.3M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $49.2M -73.5% | $185.4M -9.4% | $204.7M -6.0% | $217.8M -0.2% | $218.3M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $177.1M +22.6% | $144.4M -12.4% | $164.9M -10.0% | $183.2M -3.1% | $189.0M | $374.2M | $1.2B | $631.8M |
| EBITDA | $774.3M +33.4% | $580.3M +22.0% | $475.5M +2.0% | $466.1M -9.8% | $516.7M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 75.1% -6.3pp | 81.4% +2.0pp | 79.5% +1.3pp | 78.2% -1.9pp | 80.1% | 5.6% | 46.3% | 42.0% |
| Operating Income | $664.7M +54.6% | $429.9M +41.8% | $303.2M +6.9% | $283.7M -13.6% | $328.4M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 64.5% +4.2pp | 60.3% +9.6pp | 50.7% +3.1pp | 47.6% -3.3pp | 50.9% | 16.6% | 24.1% | 22.0% |
| Interest Income | $14.4M +139.9% | $6.0M -39.6% | $10.0M +27.1% | $7.8M | $0 | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $23.4M +140.0% | $9.7M -65.7% | $28.4M +184.0% | $10.0M +2026.8% | -$519.0K | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$90.8M -2285.3% | -$3.8M +81.9% | -$21.1M -94.3% | -$10.8M -4739.7% | -$224.0K | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $573.9M +34.7% | $426.1M +51.0% | $282.1M +3.4% | $272.9M -16.8% | $328.2M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 55.7% -4.1pp | 59.8% +12.6pp | 47.1% +1.4pp | 45.8% -5.1pp | 50.9% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $102.3M +9.3% | $93.6M +122.8% | $42.0M +27.6% | $32.9M -38.1% | $53.2M | $1.3B | -$1.6B | $745.2M |
| Net Income | $466.3M +40.4% | $332.0M +38.7% | $239.4M +0.2% | $239.0M -12.8% | $274.0M | $4.9B | $4.8B | $4.7B |
| Net Margin | 45.2% -1.3pp | 46.6% +6.6pp | 40.0% -0.1pp | 40.1% -2.4pp | 42.5% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $7 +32.4% | $5 +38.6% | $4 +0.3% | $4 -12.5% | $4 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $7 +32.5% | $5 +38.7% | $4 +0.3% | $4 -13.2% | $4 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $69.4M +5.7% | $65.7M +0.1% | $65.6M +0.1% | $65.6M -0.1% | $65.6M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $69.6M +5.7% | $65.8M +0.1% | $65.7M +0.1% | $65.7M +0.1% | $65.6M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Pan American Silver Corp.
NYSE:PAAS
$21.26B
Albemarle Corporation
NYSE:ALB
$19.64B
Alamos Gold Inc.
NYSE:AGI
$15.67B
James Hardie Industries plc
NYSE:JHX
$14.27B
Coeur Mining, Inc.
NYSE:CDE
$11.41B
Harmony Gold Mining Company Limited
NYSE:HMY
$10.80B
Hecla Mining Company
NYSE:HL
$10.77B
Suzano S.A.
NYSE:SUZ
$10.23B
Equinox Gold Corp.
AMEX:EQX
$8.70B
New Gold Inc.
NGD
$7.19B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does RGLD generate?
Royal Gold, Inc. (RGLD) reported $1.03B of revenue in fiscal 2025.
Is RGLD profitable?
Royal Gold, Inc. (RGLD) reported $466.28M of net income, with a net margin of 45.2%.
Explore More
Continue the stock analysis
Jump to another research area for this company.