Royal Gold Inc (RGLD) stock
RGLDNasdaqMineral Royalty TradersFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 21/3018% above fair value
$255.34−13.50 (-5.02%)
Close on Nov 12, 2026Market cap $21.63BP/E 25.7Yield 0.71%
Royal Gold operating margin
Operating margin is operating income as a percentage of revenue.
Royal Gold's operating margin for the twelve months ending Sep 30, 2026 was 62.0%. For fiscal 2025 it was 61.9%, against 59.8% the year before. The highest annual figure on record is 61.9% in fiscal 2025.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 61.9% | +2.2 |
| FY2024 | Dec 31, 2024 | 59.8% | +9.7 |
| FY2023 | Dec 31, 2023 | 50.1% | −4.8 |
| FY2021 | Jun 30, 2021 | 54.8% | +14.9 |
| FY2020 | Jun 30, 2020 | 39.9% | +6.6 |
| FY2019 | Jun 30, 2019 | 33.3% | +49.5 |
| FY2018 | Jun 30, 2018 | -16.2% | −49.3 |
| FY2017 | Jun 30, 2017 | 33.1% | +31.4 |
| FY2016 | Jun 30, 2016 | 1.7% | −34.0 |
| FY2015 | Jun 30, 2015 | 35.7% | −12.0 |
| FY2014 | Jun 30, 2014 | 47.7% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026CQ3 2026 | Sep 30, 2026 | 65.4% | +0.9 |
| Q2 FY2026CQ2 2026 | Jun 30, 2026 | 62.1% | −5.5 |
| Q1 FY2026CQ1 2026 | Mar 31, 2026 | 63.3% | −0.3 |
| Q4 FY2025CQ4 2025 | Dec 31, 2025 | 56.2% | −9.7 |
| Q3 FY2025CQ3 2025 | Sep 30, 2025 | 64.4% | +3.1 |
| Q2 FY2025CQ2 2025 | Jun 30, 2025 | 67.7% | +9.0 |
| Q1 FY2025CQ1 2025 | Mar 31, 2025 | 63.6% | +12.9 |
| Q4 FY2024CQ4 2024 | Dec 31, 2024 | 65.9% | +13.7 |
| Q3 FY2024CQ3 2024 | Sep 30, 2024 | 61.3% | +14.0 |
| Q2 FY2024CQ2 2024 | Jun 30, 2024 | 58.6% | +8.7 |
| Q1 FY2024CQ1 2024 | Mar 31, 2024 | 50.7% | +0.2 |
| Q4 FY2023CQ4 2023 | Dec 31, 2023 | 52.2% | +1.0 |
| Q3 FY2023CQ3 2023 | Sep 30, 2023 | 47.3% | −2.5 |
| Q2 FY2023CQ2 2023 | Jun 30, 2023 | 49.9% | +1.1 |
| Q1 FY2023CQ1 2023 | Mar 31, 2023 | 50.5% | −19.8 |
| Q4 FY2021CQ2 2021 | Jun 30, 2021 | 51.2% | +14.0 |
| Q3 FY2021CQ1 2021 | Mar 31, 2021 | 49.8% | +11.5 |
| Q2 FY2021CQ4 2020 | Dec 31, 2020 | 48.9% | +5.7 |
| Q1 FY2021CQ3 2020 | Sep 30, 2020 | 70.3% | +29.2 |
| Q4 FY2020CQ2 2020 | Jun 30, 2020 | 37.2% | +2.0 |
| Q3 FY2020CQ1 2020 | Mar 31, 2020 | 38.3% | −1.0 |
| Q2 FY2020CQ4 2019 | Dec 31, 2019 | 43.1% | +10.9 |
| Q1 FY2020CQ3 2019 | Sep 30, 2019 | 41.1% | +15.7 |
| Q4 FY2019CQ2 2019 | Jun 30, 2019 | 35.2% | +4.0 |
| Q3 FY2019CQ1 2019 | Mar 31, 2019 | 39.4% | +206.2 |
| Q2 FY2019CQ4 2018 | Dec 31, 2018 | 32.2% | −3.6 |
| Q1 FY2019CQ3 2018 | Sep 30, 2018 | 25.3% | −11.8 |
| Q4 FY2018CQ2 2018 | Jun 30, 2018 | 31.2% | −2.7 |
| Q3 FY2018CQ1 2018 | Mar 31, 2018 | -166.8% | – |
| Q2 FY2018CQ4 2017 | Dec 31, 2017 | 35.8% | – |
| Q1 FY2018CQ3 2017 | Sep 30, 2017 | 37.1% | – |
| Q1 FY2016CQ3 2015 | Sep 30, 2015 | 33.8% | – |
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