Royal Gold revenue and financials

RGLD · NASDAQ · USD

$234.35Change from previous close: +0.30%Absolute change: +$0.71

Close · October 6, 2026

In the fiscal year ended December 2025, Royal Gold reported revenue of $1.03B (+43.24% year over year). Net income was $466.28M, a net margin of 45.2%.

Annual revenue · 2025: $1.03B
  1. $440.81M2017
  2. $459.04M2018
  3. $423.06M2019
  4. $498.82M2020
  5. $615.86M2021
  6. $653.57M2021
  7. $603.21M2022
  8. $605.72M2023
  9. $719.4M2024
  10. $1.03B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+43.24%
2025 vs 2024
Net income growth
+40.44%
2025 vs 2024
Net margin
45.2%
2024: 46.2%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Cash flow · Annual
Item20252024202320222021FY to Jun 2021FY to Jun 2020FY to Jun 2019FY to Jun 2018FY to Jun 2017
Operating cash flow705530416417462407341253329267
Depreciation and amortization177144165179189184175163164160
Capital expenditure-1,165-103-2.7-922-400—————
Investing cash flow-1,419-77.7-2.8-923-417—————
Financing cash flow752-360-427481-283—————
Dividends paid-119-105-98.6-91.9-78.7-76.1-71.5-67.5-64.1-61.4
Share repurchases-5.0-4.6-1.4-1.4——————
Debt issued1,2750.00.0700100—————
Debt repaid-375-250-325-125-300—————
Net change in cash38.291.3-14.4-25.0-238—————
Free cash flow-460427413-50561.5—————
Levered free cash flow-607314357-552——————