Royal Gold Inc (RGLD) Financial Statements
Industry: Mineral Royalty Traders
In fiscal 2025, Royal Gold reported revenue of $1.03B, up 43.2% from $719.4M the year before. Net income was $466.3M (a 45.2% net margin), or $6.69 per diluted share. Gross margin was 69.3% and operating margin was 61.9%. Operating activities generated $704.8M of cash. At fiscal year end, Royal Gold held $9.54B in total assets against $2.33B in total liabilities, including $233.7M of cash and equivalents.
Open the full interactive Royal Gold financials → Quarterly statements, key ratios, valuation history and price charts.
Royal Gold Key Stats
| Share Price | $233.52 |
|---|---|
| Market Cap | $19.86B |
| P/E Ratio | 34.9 |
| Revenue YoY Growth | +43.2% |
| 52-Week Range | $167.67 – $302.40 |
| Shares Outstanding | 84.8 million (basic, 2026 Q2) |
Royal Gold Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $498.8M | $615.9M | $603.2M | $605.7M | $719.4M | $1.03B |
| Cost of Goods Sold | $299.9M | $312.2M | $319.5M | $302.5M | $289.5M | $392.3M |
| Gross Profit | $236.1M | $333.0M | $323.1M | $343.4M | $471.2M | $714.3M |
| Operating Income | $198.9M | $337.6M | $283.7M | $303.2M | $429.9M | $638.2M |
| Pre-Tax Income | $192.6M | $339.6M | $272.9M | $282.1M | $426.1M | $573.9M |
| Income Tax | -$3.7M | $36.9M | $32.9M | $42.0M | $93.6M | $102.3M |
| Net Income | $199.3M | $302.5M | $239.0M | $239.4M | $332.0M | $466.3M |
| Diluted EPS | $3.03 | $4.60 | $3.63 | $3.63 | $5.04 | $6.69 |
Royal Gold Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $252.1M | $375.3M | $469.1M | $450.5M |
| Net Income | $126.8M | $93.6M | $281.1M | $236.4M |
| Diluted EPS | $1.92 | $1.35 | $3.30 | $2.78 |
Royal Gold Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $319.1M | $225.9M | $118.6M | $104.2M | $195.5M | $233.7M |
| Current Assets | $362.1M | $297.1M | $185.8M | $167.4M | $275.3M | $377.4M |
| Total Assets | $2.77B | $2.65B | $3.53B | $3.36B | $3.39B | $9.54B |
| Current Liabilities | $43.6M | $52.1M | $63.6M | $72.4M | $85.2M | $120.9M |
| Total Long-Term Debt | $300.4M | — | $571.6M | $246.0M | — | $895.4M |
| Total Liabilities | $464.2M | $148.2M | $781.1M | $460.4M | $260.9M | $2.33B |
| Shareholders' Equity | $2.27B | $2.49B | $2.74B | $2.89B | $3.12B | $7.16B |
Royal Gold Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $340.8M | $407.2M | $417.3M | $415.8M | $529.5M | $704.8M |
| Cash From Investing | -$152.9M | -$116.7M | -$922.9M | -$2.8M | -$77.7M | -$1.42B |
| Cash From Financing | $11.8M | -$383.6M | $480.6M | -$427.4M | -$360.5M | $751.9M |
Figures from Royal Gold's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Royal Gold financials page for every line item.
Royal Gold Company Profile
| Ticker | RGLD |
|---|---|
| Exchange | Nasdaq |
| Industry | Mineral Royalty Traders |
| Headquarters | Denver, Colorado |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000085535 |
Frequently Asked Questions
What was Royal Gold's revenue in fiscal 2025?
Royal Gold (RGLD) reported revenue of $1.03B for fiscal 2025.
What is Royal Gold's annual revenue history?
Royal Gold's annual revenue by fiscal year: 2020: $498.8M; 2021: $615.9M; 2022: $603.2M; 2023: $605.7M; 2024: $719.4M; 2025: $1.03B.
What was Royal Gold's net income in fiscal 2025?
Royal Gold reported net income of $466.3M for fiscal 2025.
What was Royal Gold's earnings per share (EPS) in fiscal 2025?
Royal Gold's diluted EPS was $6.69 for fiscal 2025 (adjusted for any later stock splits).
What was Royal Gold's revenue last quarter?
In its most recent reported quarter (2026 Q2), Royal Gold reported revenue of $450.5M.
How much debt does Royal Gold have?
Royal Gold reported $895.4M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Royal Gold are outstanding?
Royal Gold reported a weighted average of 84.8 million basic shares outstanding in 2026 Q2.
What is Royal Gold's market cap?
Based on its latest closing price, Royal Gold (RGLD) has a market capitalization of about $19.86B.
When does Royal Gold's fiscal year end?
Royal Gold's fiscal year end, as registered with the SEC, is December 31.
Where is Royal Gold headquartered?
Royal Gold lists its business address in Denver, Colorado in its SEC filings.