Royal Gold, Inc. (RGLD) Stock Analysis
Basic Materials · Gold · NasdaqGS
Royal Gold, Inc. (RGLD) posted $1.03B in revenue for fiscal 2025 (up 43.2% year over year), at a 45.2% net margin, and has compounded revenue about 10.8%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Royal Gold, Inc.
Royal Gold, Inc. has grown revenue from $440.81M to $1.03B over the last 10 fiscal years, compounding about 10.8% a year. The most recent year was up 43.2%, so growth is actually accelerating.
Net margin sits at 45.2%, down 1 points year over year on a 69.3% gross margin. It carries about $895.44M of total debt.
The one thing worth a second look in the filings is share count rising (dilution).
Synthesised from Royal Gold, Inc.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
Royal Gold, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $440.81M | $459.04M | $423.06M | $498.82M | $615.86M | $653.57M | $603.21M | $605.72M | $719.39M | $1.03B |
| Gross profit | $192.24M | $209.35M | $178.55M | $236.06M | $333.00M | — | $323.10M | $343.39M | $471.17M | $714.33M |
| Net income | $101.53M | $-113.13M | $93.83M | $199.34M | $302.53M | $274.04M | $238.98M | $239.44M | $332.02M | $466.28M |
| Net margin | 23.0% | -24.6% | 22.2% | 40.0% | 49.1% | 41.9% | 39.6% | 39.5% | 46.2% | 45.2% |
Source: Royal Gold, Inc. SEC filings (10-K). 18 years of history available in the interactive view.
Royal Gold, Inc.: 1 potential red flag in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Share count rising (dilution)Shares outstanding grew 28.9% over 4 years (65.6M → 84.5M) — existing holders' stakes are being diluted.
Explore 18 years of Royal Gold, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Royal Gold, Inc. financial history by metric
Compare Royal Gold, Inc. with peers
About Royal Gold, Inc.
Royal Gold, Inc., together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests in North America, South and Central America, Europe, the Middle East, Africa, and the Australia Pacific. It operates through Acquisition and Management of Stream Interests and Acquisition and Management of Royalty Interests segments. The company engages in the acquisition of existing stream and royalty interests; and the financing of projects that are in production, development, or in the exploration stage in exchange for stream or royalty interests, which consists of gold, silver, copper, nickel, zinc, lead, molybdenum, diamonds, uranium, iron, platinum, palladium, rhodium, lithium, titanium, cobalt, barite, tungsten, and coal. Its properties are located in Canada, Chile, the Dominican Republic, the United States, Zambia, Australia, Ghana, Brazil, Mexico, Bolivia, Argentina, Nicaragua, Macedonia, Botswana, Spain, and internationally. Royal Gold, Inc. was incorporated in 1981 and is based in Denver, Colorado.
Royal Gold, Inc. — frequently asked questions
What is Royal Gold, Inc.'s revenue?
Royal Gold, Inc. (RGLD) reported revenue of $1.03B for fiscal year 2025, up 43.2% from the prior year, according to its SEC filings.
Is Royal Gold, Inc. profitable?
Yes. RGLD earned net income of $466.28M in fiscal 2025, a net margin of 45.2%.
What is RGLD's P/E ratio?
Royal Gold, Inc. trades at a price-to-earnings ratio of about 23.9 based on the latest data in our nightly-refreshed cache.
How fast is Royal Gold, Inc. growing?
RGLD's revenue grew at roughly 10.8% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Royal Gold, Inc. have?
As of fiscal year 2025, RGLD carried roughly $895.44M in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Royal Gold, Inc.'s gross margin?
RGLD's gross margin was 69.3% in fiscal 2025 — gross profit of $714.33M on revenue of $1.03B.
What is Royal Gold, Inc.'s market cap?
Royal Gold, Inc. (RGLD) has a market capitalization of about $16.80B, based on the latest data in our nightly-refreshed cache.
When does Royal Gold, Inc.'s fiscal year end?
RGLD's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
Where does this data come from?
All figures are computed from Royal Gold, Inc.'s official SEC filings (10-K and 10-Q), covering 18 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.