Gold Royalty (GROY) Operating Margin (2021 - 2026)
Gold Royalty (GROY) reported Operating Margin of 32.26% for the quarter ended Jun 30, 2026, up 18.58 percentage points from 13.68% a year earlier but down 10.76 percentage points from the prior quarter.
Gold Royalty (GROY) Operating Margin (2021 - 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 the year ended Dec 31, 2025, it was 9.87%, up 50.11 percentage points from the prior year.
- Operating Margin has a five-year change of +1072.48 percentage points (years ended Dec 2020 to Dec 2025).
- By year, Operating Margin came in at -40.24% in the year ended Dec 31, 2024 (+975.84 pp), -1016.08% in the year ended Dec 31, 2023 (-576.31 pp), -439.77% in the year ended Dec 31, 2022 and -6552.60% in the year ended Sep 30, 2021.
- Five-year quarterly Operating Margin spans a low of -1421.01% in the quarter ended Dec 31, 2021 and a high of 615.81% in the quarter ended Jun 30, 2023.
- Year over year, Operating Margin has now increased in each of the last six quarters, with an average year-over-year change of -28.93 percentage points over the last eight quarters.
- The high point for year-over-year Operating Margin in five years was the quarter ended Dec 31, 2023 (a gain of 679.45 percentage points); the low point was the quarter ended Jun 30, 2024 (a drop of 649.93 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 43.02% (quarter ended Mar 31, 2026), 2.33% (quarter ended Dec 31, 2025) and 13.79% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | - |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 15.28% |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 19.75% |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 12.63% |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 62.13% |
| 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 | 32.26% |
Historic Data
| Date | Value |
|---|---|
| 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 | 47.15% |
| Sep 30, 2023 | 328.61% |
| Jun 30, 2023 | 615.81% |
| Mar 31, 2023 | 464.02% |
| Dec 31, 2022 | -632.30% |
| Sep 30, 2022 | 530.95% |
| Jun 30, 2022 | 46.72% |
| Mar 31, 2022 | -117.24% |
| Dec 31, 2021 | -1,421.01% |
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();