Royal Gold Inc enquires and manages precious metal royalties and streams with a focus on gold. The company purchases a percentage of the metal produced from a mineral property for an initial payment without assuming responsibility for mining operations.
It is a $20.1B financial services company. Revenue grew 92.8% over the last year, and it keeps 48¢ of every dollar of sales as profit. It trades at 27.1× earnings — in the cheapest third of its own history.
- Website
- royalgold.com
- Location
- Denver, CO
- Employees
- 39
- Sector
- Financial Services
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong growth; Valuation and Quality lag behind.
Valuation42
- P/E vs own history23th pct · 20/25
- FCF yield0.3% · 5/25
- P/S12.9x · 5/25
- EV/EBITDA16.2x · 12/25
Growth85
- Revenue CAGR13.7% · 20/25
- Net income CAGR11.4% · 20/25
- EPS CAGR ~5Y17.2% · 20/25
- Fwd implied growth30.4% · 25/25
Profitability67
- ROIC6.0% · 5/25
- ROE11.6% · 12/25
- Net margin47.7% · 25/25
- Operating margin61.4% · 25/25
Health63
- Altman Zn/a · 0/25
- Current ratio2.92 · 25/25
- Interest coverage9.9x · 18/25
- Net cash / debtD/A 7% · 20/25
Quality42
- Piotroski F4/9 · 10/25
- Beneish M-2.25 · 20/25
- FCF conversionn/a · 0/25
- Margin stabilityσ 11.3% · 12/25
Moat55
- ROIC >12% years0/10 yrs · 0/25
- Median gross margin49.3% · 20/25
- FCF-positive years3/5 yrs · 10/25
- Worst-year net marginworst 22.2% · 25/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2025FinancialRevenue crossed $1B$1.03B for the year
- FY2025FinancialBest year on record$466M net income
- FY2020FinancialBecame debt-freecash now exceeds total debt
- FY2017FinancialTurned profitable$102M net income after a loss year
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- High gross margin (86.2%)
- Strongly profitable — 47.7% net margin
- Revenue growing 92.8% year over year
- Interest covered 9.9× by operating earnings
Watch-outs
- Loss-making in 2 of the recent years
- Net debt equals ~13.1 years of free cash flow
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+92.8% YoY
- Profitable — makes more than it spends$738M TTM
- Profit growing — earnings are higher than last year+22.6% YoY
- Generates cash — cash left after running and investing$50.6M TTM
- Debt under control — could handle its obligations~13.1y of cash flow to repay
- Established company — not a micro-cap — lower blow-up risk$20.1B market cap
- Not printing shares — share count not ballooning — you keep your slice+6.0% shares over ~5y
- Proven track record — years of profitability behind it8/10 profitable years
- Financially stable — balance sheet not near distresshealth score 43/100
- Pays a dividend — returns cash to shareholdersyield 0.70%
- Valuation not extreme — price not wildly above earningsP/E 27.1
Peer comparisonRoyal Gold Inc vs 6 largest financial services peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| RGLD this company | $20.1B | 27.1 | +92.8% | 47.7% | Mixed |
| BRK.A Berkshire Hathaway Inc. | $1.1T | 11.6 | +3.9% | 22.3% | Mixed |
| BRK.B Berkshire Hathaway | $1.1T | 11.6 | +0.0% | 18.0% | Strong |
| JPM JPMorgan Chase & Co. | $886.2B | 13.6 | +13.5% | 32.6% | Strained |
| V VISA Inc. | $723.9B | 31.9 | +14.4% | 50.8% | Solid |
| MA Mastercard Incorporated | $516.4B | 31.7 | +16.0% | 46.3% | Mixed |
| BAC Bank of America Corporation | $380.4B | 11.3 | +15.9% | 27.8% | Mixed |
Head-to-head: RGLD vs BRK.A · RGLD vs BRK.B · RGLD vs JPM
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/RGLD
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of RGLD on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $236.68 · market cap $20.1B.