Gold Royalty (GROY) Net Margin (2021 - 2026)
Gold Royalty's Net Margin came in at 26.59% for the quarter ended Jun 30, 2026, up 48.27 percentage points from -21.68% a year earlier and up 1.92 percentage points from the prior quarter.
Gold Royalty (GROY) Net Margin (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Gold Royalty reported Net Margin of 6.68%, up 21.59 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at -26.46%, up 7.30 percentage points from the prior year.
- Net Margin carries a five-year change of -6277.10 percentage points (years ended Dec 2020 to Dec 2025).
- Going back by year, Net Margin was -33.76% in the year ended Dec 31, 2024 (+844.06 pp), -877.82% in the year ended Dec 31, 2023 (-559.54 pp), -318.28% in the year ended Dec 31, 2022 and -7815.63% in the year ended Sep 30, 2021.
- The figure for the quarter ended Jun 30, 2026 represents the highest quarterly Net Margin since the quarter ended Sep 30, 2024.
- Year-over-year, Net Margin has increased for three consecutive quarters, with an average year-over-year change of +288.05 percentage points over the last eight quarters.
- The fastest year-over-year change in Net Margin over five years came in the quarter ended Dec 31, 2024 (a gain of 1810.34 percentage points), and the weakest in the quarter ended Dec 31, 2023 (a drop of 1325.96 percentage points).
- Business Quant data shows GROY's Net Margin at 24.67% (quarter ended Mar 31, 2026), -20.44% (quarter ended Dec 31, 2025) and -27.31% (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 8.26% |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 32.04% |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 2.65% |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 2.02% |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 138.65% |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 18.21% |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 52.47% |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Gold Royalty | 523.21 Mn | 473.26 Mn | 4.67 Mn | 26.59% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.59% |
| Mar 31, 2026 | 24.67% |
| Dec 31, 2025 | -20.44% |
| Sep 30, 2025 | -27.31% |
| Jun 30, 2025 | -21.68% |
| Mar 31, 2025 | -39.71% |
| Dec 31, 2024 | -95.17% |
| Sep 30, 2024 | 166.17% |
| Jun 30, 2024 | -124.64% |
| Mar 31, 2024 | -48.55% |
| Dec 31, 2023 | -1,905.51% |
| Sep 30, 2023 | -222.21% |
| Jun 30, 2023 | -531.41% |
| Mar 31, 2023 | -401.96% |
| Dec 31, 2022 | -579.55% |
| Sep 30, 2022 | -318.01% |
| Jun 30, 2022 | -131.15% |
| Mar 31, 2022 | -374.29% |
| Dec 31, 2021 | -1,283.49% |
| Jun 30, 2021 | -535.78% |
Gold Royalty Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=GROY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "GROY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=GROY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();