Gold Royalty (GROY) Operating Margin (2020 - 2026)
Gold Royalty (GROY) reported Operating Margin of 32.26% for Q2 2026, up 18.58 percentage points from 13.68% a year earlier but down 10.76 percentage points from the prior quarter.
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Analysis
Gold Royalty (GROY) Operating Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Gold Royalty's Operating Margin came in at 26.32%, up 42.84 percentage points year-over-year; for FY2025, it was 9.87%, up 50.11 percentage points from FY2024.
- Operating Margin has a four-year change of +6562.48 percentage points (FY2021 to FY2025).
- By year, Operating Margin came in at -40.24% in FY2024 (+975.84 pp), -1016.08% in FY2023 (-576.31 pp), -439.77% in FY2022 and -6552.60% in FY2021.
- Five-year quarterly Operating Margin spans a low of -1421.01% in Q1 2022 and a high of 43.02% in Q1 2026.
- Year over year, Operating Margin has now increased in each of the last 11 quarters, with an average year-over-year change of +61.19 percentage points over the last eight quarters.
- Across the past five years, year-over-year gain in Operating Margin ran from 18.58 percentage points in Q2 2026 to 509.27 percentage points in Q4 2023.
- Per Business Quant data, the three quarters before Q2 2026 came in at 43.02% (Q1 2026), 2.33% (Q4 2025) and 13.79% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 41.00 Bn | 29.82 Bn | - | - |
| 2 | Royalty Pharma | 39.88 Bn | 40.21 Bn | - | 59.53% |
| 3 | Orix | 36.75 Bn | 7.39 Bn | 13.83 Bn | 4.59% |
| 4 | Federal National Mortgage Association Fannie Mae | 25.40 Bn | -16,108.71 Bn | - | - |
| 5 | Royal Gold | 23.20 Bn | 22.41 Bn | 402.46 Mn | 65.35% |
| 6 | Affirm Holdings | 22.35 Bn | 15.40 Bn | - | 14.82% |
| 7 | Synchrony Financial | 22.29 Bn | -45.34 Bn | - | - |
| 8 | Annaly Capital Management | 14.69 Bn | 5.72 Bn | - | - |
| 9 | Ares Capital | 14.04 Bn | 11.79 Bn | - | - |
| 10 | Gold Royalty | 689.31 Mn | 621.95 Mn | 6.97 Mn | 48.65% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 48.65% |
| Jun 30, 2026 | 32.26% |
| Mar 31, 2026 | 43.02% |
| Dec 31, 2025 | 2.33% |
| Sep 30, 2025 | 13.79% |
| Jun 30, 2025 | 13.68% |
| Mar 31, 2025 | 10.87% |
| Dec 31, 2024 | -59.20% |
| Sep 30, 2024 | -44.81% |
| Jun 30, 2024 | -34.11% |
| Mar 31, 2024 | -18.80% |
| Dec 31, 2023 | -123.03% |
| Sep 30, 2023 | -222.21% |
| Jun 30, 2023 | -332.91% |
| Mar 31, 2023 | -244.20% |
| Dec 31, 2022 | -632.30% |
| Sep 30, 2022 | -318.01% |
| Jun 30, 2022 | -91.66% |
| Mar 31, 2022 | -136.68% |
| Dec 31, 2021 | -1,421.01% |
API Access
Gold Royalty Operating 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=operating-margin&ticker=GROY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=GROY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();