Reading the annual reports…
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
RGLD · Nasdaq · United States · Mineral Royalty Traders
In shortROYAL GOLD INC is profitable, generates cash and carries moderate debt, with revenue growing (+43.2% last year).
Financial health
Strong
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 61.9% | 100/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 45.2% | 100/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 9.1% | 45/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 6.5% | 43/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 3.12× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.13× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 0.81× | 91/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 4.27 | 81/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 68.4% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.51× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 21.1% | 33/100 |
| Operating margin volatility | 6.6% | 49/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 19.5% | 100/100 |
|---|---|---|
| EPS growth, 3-year average | 22.6% | 100/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 654 | 603 | 606 | 719 | 1,030 |
| Gross profit | – | 323 | 343 | 471 | 714 |
| Operating income | 328 | 284 | 303 | 430 | 638 |
| Pre-tax income | 328 | 273 | 282 | 426 | 574 |
| Income tax | 53 | 33 | 42 | 94 | 102 |
| Net income | 274 | 239 | 239 | 332 | 466 |
| Diluted EPS | $4.17 | $3.63 | $3.63 | $5.04 | $6.69 |
| Diluted shares (millions) | 66 | 66 | 66 | 66 | 70 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
4.27 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
4/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 6, 2026