Financial Ratios Royal Gold, Inc.

Stocks

RGLD

US7802871084

Gold

Real-time Estimate Cboe BZX Other stock markets 12:25:09 15/07/2026 am IST			5-day change	1st Jan Change
193.70 ^USD	+0.12%		-1.40%	-12.79%

09/07	RBC Capital Adjusts Royal Gold Price Target to $305 From $310, Maintains Outperform Rating	MT
08/07	BofA Adjusts Price Target on Royal Gold to $209 From $246, Maintains Underperform Rating	MT

7070b4e23de4cda466.kWguJ8aiNkg2N3j1v0zyEALpyK6JilH1qddQx9gBtY4.ziJKcPb4AnFkex2qin_BV2ux-Oi9uQfG45sEjZU39-fFW3ppjcd8AV5tFw

Published financial data: ROYAL GOLD, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	68Cr	60Cr	60Cr	71Cr	102.19Cr
Total Revenues	68Cr	60Cr	60Cr	71Cr	102.19Cr
Cost of Goods Sold, Total	10Cr	9.46Cr	9.05Cr	9.75Cr	13Cr
Gross Profit	57Cr	50Cr	51Cr	62Cr	89Cr
Selling General & Admin Expenses, Total	3.03Cr	3.46Cr	3.98Cr	4.09Cr	4.92Cr
Exploration / Drilling Costs, Total	6L	-	-	-	-
Depreciation & Amortization - (IS)	20Cr	18Cr	16Cr	14Cr	18Cr
Impairment of Oil, Gas & Mineral Properties - (IS)	-	42.87L	-	-	-
Other Operating Expenses, Total	23Cr	22Cr	20Cr	19Cr	23Cr
Operating Income	34Cr	28Cr	30Cr	43Cr	66Cr
Interest Expense, Total	-55.74L	-1Cr	-2.84Cr	-63L	-2.34Cr
Interest And Investment Income	32.2L	78.32L	99.52L	60.08L	1.44Cr
Net Interest Expenses	-23.54L	-21.68L	-1.84Cr	-3L	-89.89L
Other Non Operating Income (Expenses)	-	-71.7L	-24.67L	-34.49L	-56.22L
EBT, Excl. Unusual Items	34Cr	27Cr	28Cr	43Cr	65Cr
Merger & Related Restructuring Charges	-	-	-	-	-2.65Cr
Gain (Loss) On Sale Of Investments	-27L	-15.03L	-1L	-66T	-4.97Cr
Asset Writedown	-	-	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	34Cr	27Cr	28Cr	43Cr	57Cr
Income Tax Expense	6Cr	3.29Cr	4.2Cr	9.36Cr	10Cr
Earnings From Continuing Operations	28Cr	24Cr	24Cr	33Cr	47Cr
Net Income to Company	28Cr	24Cr	24Cr	33Cr	47Cr
Minority Interest	-10L	-10L	-7L	-5L	-52.95L
Net Income - (IS)	28Cr	24Cr	24Cr	33Cr	47Cr
Net Income to Common Incl Extra Items	28Cr	24Cr	24Cr	33Cr	47Cr
Net Income to Common Excl. Extra Items	28Cr	24Cr	24Cr	33Cr	47Cr
Per Share Items
Net EPS - Basic	4.22	3.64	3.65	5.06	6.72
Basic EPS - Continuing Operations	4.22	3.64	3.65	5.06	6.72
Basic Weighted Average Shares Outstanding	6.56Cr	6.56Cr	6.56Cr	6.57Cr	6.94Cr
Net EPS - Diluted	4.2	3.63	3.63	5.04	6.69
Diluted EPS - Continuing Operations	4.2	3.63	3.63	5.04	6.69
Diluted Weighted Average Shares Outstanding	6.56Cr	6.57Cr	6.57Cr	6.58Cr	6.96Cr
Normalized Basic EPS	3.23	2.6	2.68	4.05	5.78
Normalized Diluted EPS	3.23	2.6	2.67	4.04	5.76
Dividend Per Share	1.4	1.45	1.55	1.7	1.85
Payout Ratio	28.46	38.47	41.17	31.7	25.42
Supplemental Items
EBITDA	54Cr	47Cr	47Cr	57Cr	84Cr
EBITA	34Cr	28Cr	30Cr	43Cr	66Cr
EBIT	34Cr	28Cr	30Cr	43Cr	66Cr
Effective Tax Rate - (Ratio)	17.77	12.07	14.89	21.97	17.82
Current Domestic Taxes	3.76Cr	2.97Cr	2.4Cr	5.24Cr	4.26Cr
Current Foreign Taxes	1.74Cr	2.31Cr	2.45Cr	3.29Cr	6.36Cr
Total Current Taxes	5.5Cr	5.28Cr	4.85Cr	8.53Cr	11Cr
Deferred Domestic Taxes	2L	-10L	-8L	-94T	7L
Deferred Foreign Taxes	48.08L	-1.89Cr	-56.92L	84.48L	-46.19L
Total Deferred Taxes	50.2L	-1.98Cr	-64.69L	83.54L	-39.26L
Normalized Net Income	21Cr	17Cr	18Cr	27Cr	40Cr
Interest on Long-Term Debt	14L	1Cr	2.84Cr	63L	2.34Cr
Supplemental Operating Expense Items
General and Administrative Expenses	3.03Cr	3.46Cr	3.98Cr	4.09Cr	4.92Cr
Exploration/Drilling Costs	6L	-	-	-	-
Stock-Based Comp., G&A Exp. (Total)	64.36L	84.11L	96.96L	1.19Cr	1.18Cr
Total Stock-Based Compensation	64.36L	84.11L	96.96L	1.19Cr	1.18Cr

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	14Cr	12Cr	10Cr	20Cr	23Cr
Total Cash And Short Term Investments	14Cr	12Cr	10Cr	20Cr	23Cr
Accounts Receivable, Total	5.41Cr	4.94Cr	4.89Cr	6.35Cr	11Cr
Other Receivables	49.15L	30.66L	26.76L	11.39L	21.08L
Total Receivables	5.9Cr	5.25Cr	5.16Cr	6.46Cr	11Cr
Inventory	1.16Cr	1.27Cr	97.88L	1.3Cr	2.59Cr
Prepaid Expenses	10.42L	13.11L	10.78L	13.62L	48.9L
Other Current Assets, Total	8L	8L	8L	9L	-
Total Current Assets	22Cr	19Cr	17Cr	28Cr	38Cr
Net Property Plant And Equipment	56.12L	47.72L	39.39L	34.63L	3.38Cr
Long-term Investments	244.72Cr	323.78Cr	307.56Cr	304.28Cr	905.76Cr
Loans Receivable Long-Term	-	2.5Cr	25T	-	-
Deferred Charges Long-Term	-	-	-	-	31L
Other Long-Term Assets, Total	8.82Cr	8.11Cr	11Cr	7.06Cr	6.56Cr
Total Assets	275.7Cr	353.45Cr	336.11Cr	339.21Cr	953.75Cr
Liabilities
Accounts Payable, Total	64.75L	66.86L	1.14Cr	1.06Cr	1.01Cr
Current Portion of Leases	9L	9L	10L	10L	42.46L
Current Income Taxes Payable	1.91Cr	1.61Cr	1.56Cr	2.32Cr	3.33Cr
Other Current Liabilities	3.49Cr	3.99Cr	4.45Cr	5.04Cr	7.33Cr
Total Current Liabilities	6.14Cr	6.36Cr	7.24Cr	8.52Cr	12Cr
Long-Term Debt	-	57Cr	25Cr	-	90Cr
Long-Term Leases	66.88L	56.38L	46.73L	40.03L	3.3Cr
Deferred Tax Liability Non Current	8.77Cr	14Cr	13Cr	13Cr	119.07Cr
Other Non Current Liabilities	9L	21L	30.55L	3.95Cr	9.22Cr
Total Liabilities	16Cr	78Cr	46Cr	26Cr	233.22Cr
Common Stock, Total	7L	7L	7L	7L	8L
Additional Paid In Capital	220.62Cr	221.31Cr	222.1Cr	222.83Cr	592.81Cr
Retained Earnings	38Cr	53Cr	67Cr	89Cr	122.72Cr
Comprehensive Income and Other	-	-	-	-	10L
Total Common Equity	258.87Cr	274.11Cr	288.82Cr	311.9Cr	715.71Cr
Minority Interest	1.25Cr	1.24Cr	1.24Cr	1.22Cr	4.82Cr
Total Equity	260.12Cr	275.35Cr	290.06Cr	313.12Cr	720.53Cr
Total Liabilities And Equity	275.7Cr	353.45Cr	336.11Cr	339.21Cr	953.75Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	6.56Cr	6.56Cr	6.57Cr	6.58Cr	8.48Cr
ECS Total Common Shares Outstanding	6.56Cr	6.56Cr	6.56Cr	6.57Cr	8.45Cr
Book Value / Share	39.48	41.79	44.01	47.48	84.7
Tangible Book Value	258.87Cr	274.11Cr	288.82Cr	311.9Cr	715.71Cr
Tangible Book Value Per Share	39.48	41.79	44.01	47.48	84.7
Total Debt	76.31L	58Cr	25Cr	49.68L	93Cr
Net Debt	-14Cr	46Cr	15Cr	-19Cr	53Cr
Minority Interest, Total (Incl. Fin. Div)	1.25Cr	1.24Cr	1.24Cr	1.22Cr	4.82Cr
Equity Method Investments, Total	-	-	-	-	30Cr
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Finished Goods, Total	1.16Cr	1.27Cr	97.88L	1.3Cr	2.59Cr
Full Time Employees	29	31	30	30	39

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	28Cr	24Cr	24Cr	33Cr	47Cr
Depreciation & Amortization - CF	20Cr	18Cr	16Cr	14Cr	18Cr
Impairment of Oil, Gas & Mineral Properties - (CF)	-	42.87L	-	-	-
Depreciation & Amortization, Total	20Cr	18Cr	16Cr	14Cr	18Cr
Amortization of Deferred Charges, Total - (CF)	21.78L	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	27L	15.03L	1L	66T	4.97Cr
Asset Writedown & Restructuring Costs	-	-	-	-	-
Stock-Based Compensation (CF)	64.36L	84.11L	96.96L	1.19Cr	1.18Cr
Tax Benefit from Stock Options	-	-	-	-	-
Other Operating Activities, Total	60L	-1.79Cr	-49.98L	97.55L	-39.33L
Change In Accounts Receivable	-1.37Cr	46.83L	5L	-1.46Cr	-1.81Cr
Change In Inventories	1.22Cr	-10.49L	28.68L	-31.86L	-1.17Cr
Change In Accounts Payable	2L	2L	47.56L	-91.13L	-3.68Cr
Change In Income Taxes	65.7L	-11.56L	-1L	91.57L	97.92L
Change in Other Net Operating Assets	-10L	4L	-14.57L	4.91Cr	6.08Cr
Cash from Operations	50Cr	42Cr	42Cr	53Cr	70Cr
Capital Expenditure	-56Cr	-92Cr	-26.78L	-10Cr	-116.48Cr
Cash Acquisitions	-	-	-	-	-41Cr
Investment in Marketable and Equity Securities, Total	7Cr	-	-	-	15Cr
Net (Increase) Decrease in Loans Originated / Sold - Investing	-1.4Cr	-	-	-	-
Other Investing Activities, Total	-1L	-7L	-2L	2.49Cr	79.8L
Cash from Investing	-58Cr	-92Cr	-28.29L	-7.77Cr	-141.86Cr
Long-Term Debt Issued, Total	10Cr	70Cr	-	-	127.5Cr
Total Debt Issued	20Cr	70Cr	-	-	127.5Cr
Long-Term Debt Repaid, Total	-10Cr	-12Cr	-32Cr	-25Cr	-38Cr
Total Debt Repaid	-20Cr	-12Cr	-32Cr	-25Cr	-38Cr
Issuance of Common Stock	-	-	-	-	1.53Cr
Common Dividends Paid	-7.87Cr	-9.19Cr	-9.86Cr	-11Cr	-12Cr
Common & Preferred Stock Dividends Paid	-7.87Cr	-9.19Cr	-9.86Cr	-11Cr	-12Cr
Other Financing Activities, Total	-72.88L	-25.09L	-38.15L	-52.55L	-4.49Cr
Cash from Financing	-8.6Cr	48Cr	-43Cr	-36Cr	75Cr
Net Change in Cash	-16Cr	-2.5Cr	-1.44Cr	9.13Cr	3.82Cr
Supplemental Items
Cash Interest Paid	6L	72.18L	2.81Cr	65.93L	1.95Cr
Cash Income Tax Paid (Refund)	4.83Cr	5.48Cr	5.03Cr	7.21Cr	9.53Cr
Levered Free Cash Flow	19Cr	-55Cr	36Cr	31Cr	-61Cr
Unlevered Free Cash Flow	19Cr	-55Cr	37Cr	32Cr	-59Cr
Change In Net Working Capital	2.06Cr	-64.34L	-1.19Cr	47.66L	3.15Cr
Net Debt Issued / Repaid	0	58Cr	-32Cr	-25Cr	90Cr

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	7.01	5.64	5.5	7.96	6.43
Return on Total Capital	7.42	5.98	5.85	8.55	7.37
Return On Equity %	12.6	8.96	8.49	11.02	9.12
Return on Common Equity	12.7	8.97	8.51	11.05	9.08
Margin Analysis
Gross Profit Margin %	84.54	84.13	84.87	86.32	87.19
SG&A Margin	4.48	5.81	6.64	5.74	4.81
EBITDA Margin %	80.06	78.32	78.23	80.58	82.37
EBITA Margin %	50.62	47.59	50.67	60.31	65.05
EBIT Margin %	50.62	47.59	50.67	60.31	65.05
Income From Continuing Operations Margin %	41.01	40.25	40.13	46.65	46.15
Net Income Margin %	40.86	40.09	40.01	46.58	45.63
Net Avail. For Common Margin %	40.86	40.09	40.01	46.58	45.63
Normalized Net Income Margin	31.27	28.6	29.37	37.3	39.24
Levered Free Cash Flow Margin	30.78	-92.76	59.42	44.02	-59.35
Unlevered Free Cash Flow Margin	31.25	-91.71	62.38	44.57	-57.92
Asset Turnover
Asset Turnover	0.22	0.19	0.17	0.21	0.16
Fixed Assets Turnover	-	-	-	-	53.68
Receivables Turnover (Average Receivables)	16.26	11.52	12.18	12.69	11.72
Inventory Turnover (Average Inventory)	6.33	7.8	8.07	8.57	6.74
Short Term Liquidity
Current Ratio	3.52	2.92	2.31	3.23	3.12
Quick Ratio	3.3	2.69	2.15	3.05	2.87
Operating Cash Flow to Current Liabilities	8.1	6.56	5.74	6.22	5.83
Days Sales Outstanding (Average Receivables)	22.45	31.68	29.97	28.84	31.13
Days Outstanding Inventory (Average Inventory)	57.67	46.79	45.25	42.71	54.16
Average Days Payable Outstanding	16.39	25.1	37.74	40.01	26.19
Cash Conversion Cycle (Average Days)	63.73	53.37	37.48	31.54	59.11
Long Term Solvency
Total Debt/Equity	0.29	21	8.67	0.16	12.94
Total Debt / Total Capital	0.29	17.35	7.98	0.16	11.46
LT Debt/Equity	0.26	20.96	8.64	0.13	12.88
Long-Term Debt / Total Capital	0.26	17.33	7.95	0.13	11.41
Total Liabilities / Total Assets	5.65	22.1	13.7	7.69	24.45
EBIT / Interest Expense	61.49	28.37	10.68	68.24	28.4
EBITDA / Interest Expense	97.25	46.69	16.48	91.16	35.97
(EBITDA - Capex) / Interest Expense	-3.59	-45.52	16.39	74.88	-13.8
Total Debt / EBITDA	0.01	1.24	0.54	0.01	1.11
Net Debt / EBITDA	-0.25	0.98	0.31	-0.33	0.62
Total Debt / (EBITDA - Capex)	-0.38	-1.27	0.54	0.01	-2.89
Net Debt / (EBITDA - Capex)	6.87	-1.01	0.32	-0.4	-1.63
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	23.05	-7.59	0.38	19.11	43.36
Gross Profit, 1 Yr. Growth %	25.57	-8.26	1.27	21.14	44.81
EBITDA, 1 Yr. Growth %	29.69	-9.75	0.26	22.68	46.56
EBITA, 1 Yr. Growth %	52.65	-13.61	6.87	41.79	54.61
EBIT, 1 Yr. Growth %	52.65	-13.61	6.87	41.79	54.61
Earnings From Cont. Operations, 1 Yr. Growth %	54.28	-12.73	0.08	38.46	41.84
Net Income, 1 Yr. Growth %	51.76	-12.79	0.19	38.67	40.44
Normalized Net Income, 1 Yr. Growth %	52.62	-15.85	3.06	51.3	50.81
Diluted EPS Before Extra, 1 Yr. Growth %	51.82	-12.74	0	38.84	32.74
Accounts Receivable, 1 Yr. Growth %	70.62	-8.66	-1.05	29.82	74.67
Inventory, 1 Yr. Growth %	51.52	9.04	-22.66	32.54	99.51
Net Property, Plant and Equip., 1 Yr. Growth %	-	-	-	-	681.77
Total Assets, 1 Yr. Growth %	-4.15	28.2	-4.91	0.92	181.17
Tangible Book Value, 1 Yr. Growth %	9.62	5.88	5.37	7.99	129.47
Common Equity, 1 Yr. Growth %	9.62	5.88	5.37	7.99	129.47
Cash From Operations, 1 Yr. Growth %	19.49	-9.64	-0.37	27.35	33.11
Capital Expenditures, 1 Yr. Growth %	7.8	130.32	-99.71	3.73T	1.04T
Levered Free Cash Flow, 1 Yr. Growth %	23.84	-	-164.4	-12	-293.32
Unlevered Free Cash Flow, 1 Yr. Growth %	21.72	-	-168.39	-15.12	-286.32
Dividend Per Share, 1 Yr. Growth %	7.14	-	6.9	9.68	8.82
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	20.58	-	-3.69	9.34	30.68
Gross Profit, 2 Yr. CAGR %	22.96	-	-3.61	10.76	32.44
EBITDA, 2 Yr. CAGR %	26.65	-	-4.88	10.91	34.09
EBITA, 2 Yr. CAGR %	46.91	-	-3.91	23.1	48.06
EBIT, 2 Yr. CAGR %	46.91	-	-3.91	23.1	48.06
Earnings From Cont. Operations, 2 Yr. CAGR %	84.36	-	-6.54	17.71	40.14
Net Income, 2 Yr. CAGR %	79.57	-	-6.53	17.87	39.55
Normalized Net Income, 2 Yr. CAGR %	57.3	-	-6.87	24.87	51.06
Diluted EPS Before Extra, 2 Yr. CAGR %	79.35	-	-6.59	17.83	35.76
Accounts Receivable, 2 Yr. CAGR %	50.95	-	-4.93	13.34	50.58
Inventory, 2 Yr. CAGR %	24.66	-	-8.17	1.24	62.61
Total Assets, 2 Yr. CAGR %	2.09	-	10.41	-2.04	68.45
Tangible Book Value, 2 Yr. CAGR %	7.97	-	5.63	6.67	57.42
Common Equity, 2 Yr. CAGR %	7.97	-	5.63	6.67	57.42
Cash From Operations, 2 Yr. CAGR %	26.82	-	-5.12	12.64	30.2
Capital Expenditures, 2 Yr. CAGR %	1.16T	-	-91.82	-66.65	1.99T
Levered Free Cash Flow, 2 Yr. CAGR %	-11.13	-	-	-24.62	30.43
Unlevered Free Cash Flow, 2 Yr. CAGR %	-11.06	-	-	-23.71	25.76
Dividend Per Share, 2 Yr. CAGR %	6.4	-	-	8.28	9.25
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	10.07	-	-	3.38	19.68
Gross Profit, 3 Yr. CAGR %	11.45	-	-	4.02	21.11
EBITDA, 3 Yr. CAGR %	14.04	-	-	3.54	21.71
EBITA, 3 Yr. CAGR %	59.72	-	-	9.39	32.81
EBIT, 3 Yr. CAGR %	59.72	-	-	9.39	32.81
Earnings From Cont. Operations, 3 Yr. CAGR %	36.38	-	-	6.54	25.26
Net Income, 3 Yr. CAGR %	38.8	-	-	6.61	24.96
Normalized Net Income, 3 Yr. CAGR %	46.79	-	-	9.48	32.98
Diluted EPS Before Extra, 3 Yr. CAGR %	38.47	-	-	6.6	22.6
Accounts Receivable, 3 Yr. CAGR %	21.47	-	-	5.47	30.91
Inventory, 3 Yr. CAGR %	23.84	-	-	3.78	26.93
Total Assets, 3 Yr. CAGR %	-0.38	-	-	7.15	39.22
Tangible Book Value, 3 Yr. CAGR %	5.82	-	-	6.41	37.7
Common Equity, 3 Yr. CAGR %	5.82	-	-	6.41	37.7
Cash From Operations, 3 Yr. CAGR %	7.38	-	-	4.66	19.09
Capital Expenditures, 3 Yr. CAGR %	142.36	-	-	-36.49	8.1
Levered Free Cash Flow, 3 Yr. CAGR %	-21.29	-	-	-	3.18
Unlevered Free Cash Flow, 3 Yr. CAGR %	-21.32	-	-	-	2.74
Dividend Per Share, 3 Yr. CAGR %	6.27	-	-	-	8.46
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	11.35	-	-	-	-
Gross Profit, 5 Yr. CAGR %	12.63	-	-	-	-
EBITDA, 5 Yr. CAGR %	14.79	-	-	-	-
EBITA, 5 Yr. CAGR %	129.06	-	-	-	-
EBIT, 5 Yr. CAGR %	129.06	-	-	-	-
Earnings From Cont. Operations, 5 Yr. CAGR %	29.72	-	-	-	-
Net Income, 5 Yr. CAGR %	31.43	-	-	-	-
Normalized Net Income, 5 Yr. CAGR %	80.47	-	-	-	-
Diluted EPS Before Extra, 5 Yr. CAGR %	31.15	-	-	-	-
Accounts Receivable, 5 Yr. CAGR %	21.3	-	-	-	-
Inventory, 5 Yr. CAGR %	13.26	-	-	-	-
Total Assets, 5 Yr. CAGR %	-2.89	-	-	-	-
Tangible Book Value, 5 Yr. CAGR %	2.25	-	-	-	-
Common Equity, 5 Yr. CAGR %	2.25	-	-	-	-
Cash From Operations, 5 Yr. CAGR %	19.18	-	-	-	-
Capital Expenditures, 5 Yr. CAGR %	-34.03	-	-	-	-
Levered Free Cash Flow, 5 Yr. CAGR %	-29.85	-	-	-	-
Unlevered Free Cash Flow, 5 Yr. CAGR %	-29.54	-	-	-	-
Dividend Per Share, 5 Yr. CAGR %	5.46	-	-	-	-