Gold Royalty (GROY) Net Margin (2020 - 2026)
Gold Royalty's Net Margin came in at 26.59% for Q2 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 (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Gold Royalty reported Net Margin of 6.68%, up 21.61 percentage points year-over-year; for FY2025, it came in at -26.46%, up 7.30 percentage points from FY2024.
- Net Margin carries a four-year change of +7789.17 percentage points (FY2021 to FY2025).
- Going back by year, Net Margin was -33.76% in FY2024 (+844.06 pp), -877.82% in FY2023 (-559.54 pp), -318.28% in FY2022 and -7815.63% in FY2021.
- The Q2 2026 figure represents the highest quarterly Net Margin since Q3 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 Q4 2024 (a gain of 1810.34 percentage points), and the weakest in Q4 2023 (a drop of 1325.96 percentage points).
- Business Quant data shows GROY's Net Margin at 24.67% (Q1 2026), -20.44% (Q4 2025) and -27.31% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 41.00 Bn | 29.82 Bn | - | 21.59% |
| 2 | Royalty Pharma | 39.88 Bn | 40.21 Bn | - | 20.96% |
| 3 | Orix | 36.75 Bn | 7.39 Bn | 13.83 Bn | 25.03% |
| 4 | Federal National Mortgage Association Fannie Mae | 25.40 Bn | -16,108.71 Bn | - | 12.38% |
| 5 | Royal Gold | 23.20 Bn | 22.41 Bn | 402.46 Mn | 48.93% |
| 6 | Affirm Holdings | 22.35 Bn | 15.40 Bn | - | 13.01% |
| 7 | Synchrony Financial | 22.29 Bn | -45.34 Bn | - | 17.58% |
| 8 | Annaly Capital Management | 14.69 Bn | 5.72 Bn | - | -121.54% |
| 9 | Ares Capital | 14.04 Bn | 11.79 Bn | - | 41.81% |
| 10 | Gold Royalty | 689.31 Mn | 621.95 Mn | 6.97 Mn | 37.98% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 37.98% |
| 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 | -39.77% |
| 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 | -540.30% |
| Jun 30, 2022 | -180.28% |
| Mar 31, 2022 | -374.29% |
| Dec 31, 2021 | -1,283.49% |
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_KEY
import 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();