Gold Royalty (GROY) Operating Margin (2020 - 2026)

Gold Royalty (GROY) reported Operating Margin of 105.89% for Q1 2026, down 4401.0% on a YoY basis from 2.46% in Q1 2025, and up 148.42% quarter-over-quarter from 218.68% in Q4 2025.

Gold Royalty (GROY) Operating Margin (2020 - 2026) Analysis & Trends

Gold Royalty has reported Operating Margin for 7 years, with the latest figure at 105.89% in Q1 2026.

  • For the quarter ending Q1 2026, Operating Margin fell 4401.0% year-over-year to 105.89%; the trailing twelve-month figure through Mar 2026 stood at 37.38% (up 5284.0% YoY), and the FY2025 full-year result was 9.87%, up 5011.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 105.89%, up from 218.68% in the prior quarter.
  • The five-year high for Operating Margin was 530.95% in Q3 2022, with the low at 632.3% in Q4 2022.
  • Historically, Operating Margin has averaged 117.61% across 5 years, with a median of 159.47% in 2024.
  • Annual changes were most pronounced in 2023 — Operating Margin surged 90632 bps — and 2024, when it tumbled 65703 bps.
  • Gold Royalty's Operating Margin stood at 632.3% in 2022, then soared by 143 bps to 274.02% in 2023, then sank by 240 bps to 383.01% in 2024, then jumped by 43 bps to 218.68% in 2025, then soared by 148 bps to 105.89% in 2026.
  • The last three Operating Margin figures came in at 105.89% (Q1 2026), 218.68% (Q4 2025), and 111.6% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn - -
2 Barrick Mining 996.87 Bn 999.60 Bn 3.12 Bn 58.20%
3 Wheaton Precious Metals 410.57 Bn 409.42 Bn 699.37 Mn 74.85%
4 Alamos Gold 136.28 Bn 135.62 Bn 442.20 Mn 57.78%
5 Gold Fields 128.61 Bn 126.83 Bn - -
6 Kinross Gold 103.07 Bn 100.89 Bn 1.44 Bn 55.58%
7 Newmont 100.59 Bn 91.98 Bn 7.29 Bn 60.86%
8 Equinox Gold 47.64 Bn 47.14 Bn - -
9 AngloGold Ashanti 44.52 Bn 41.55 Bn 1.94 Bn 29.17%
10 Gold Royalty 2.09 Bn 2.08 Bn 5.50 Mn 105.89%

Historic Data

Download Data
DateValue
Mar 31, 2026 105.89%
Dec 31, 2025 -218.68%
Sep 30, 2025 111.60%
Jun 30, 2025 129.69%
Mar 31, 2025 149.90%
Dec 31, 2024 -383.01%
Sep 30, 2024 171.60%
Jun 30, 2024 167.84%
Mar 31, 2024 159.47%
Dec 31, 2023 274.02%
Sep 30, 2023 259.22%
Jun 30, 2023 445.73%
Mar 31, 2023 511.34%
Dec 31, 2022 -632.30%
Sep 30, 2022 530.95%
Jun 30, 2022 182.91%
Mar 31, 2022 33.23%
Dec 31, 2021 -1,421.01%
Jun 30, 2021 214.41%
Jun 30, 2020 326.98%