Gold Royalty (GROY) Tax Rate (2020 - 2026)
Gold Royalty's (GROY) quarterly Tax Rate came in at 0.57% in Q1 2026, down 926.0% YoY from 0.07% in Q1 2025, and up 98.54% on a QoQ basis from 39.2% in Q4 2025.
Gold Royalty (GROY) Tax Rate (2020 - 2026) Analysis & Trends
Gold Royalty (GROY) has 7 years of Tax Rate data on file, last reported at 0.57% in Q1 2026.
- Quarterly Tax Rate fell 926.0% year-over-year to 0.57% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 39.66% (up 4112.0% YoY) and the FY2025 annual result came in at 8.39%, up 515.0% from the prior year.
- Tax Rate rose to 0.57% in Q1 2026, from 39.2% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 80.59% in Q1 2024 to a low of 39.2% in Q4 2025.
- A 5-year average of 2.29% and a median of 0.16% in 2026 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2024 — Tax Rate surged 8337 bps — and 2025, when it slumped 7190 bps.
- Tracing GROY's Tax Rate over 5 years: stood at 4.54% in 2022, then surged by 553 bps to 29.63% in 2023, then tumbled by 113 bps to 3.84% in 2024, then tumbled by 920 bps to 39.2% in 2025, then soared by 99 bps to 0.57% in 2026.
- The last three Tax Rate figures came in at 0.57% (Q1 2026), 39.2% (Q4 2025), and 17.57% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 140.45 Bn | 131.44 Bn | 4.03 Bn | 31.74% |
| 2 | Agnico Eagle Mines | 108.80 Bn | 105.34 Bn | 2.43 Bn | 31.10% |
| 3 | Barrick Mining | 79.45 Bn | 73.52 Bn | 2.90 Bn | 27.90% |
| 4 | Wheaton Precious Metals | 71.58 Bn | 71.48 Bn | 687.86 Mn | 15.78% |
| 5 | AngloGold Ashanti | 61.94 Bn | 59.11 Bn | 1.70 Bn | -28.19% |
| 6 | Gold Fields | 42.71 Bn | 40.93 Bn | - | - |
| 7 | Pan American Silver | 22.35 Bn | 20.78 Bn | 457,000.00 | -36.98% |
| 8 | Royal Gold | 21.96 Bn | 21.77 Bn | 390.45 Mn | 19.69% |
| 9 | Coeur Mining | 21.68 Bn | 20.62 Bn | 535.85 Mn | 43.35% |
| 10 | Gold Royalty | 791.68 Mn | 777.55 Mn | 4.67 Mn | -4.57% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.57% |
| Mar 31, 2026 | -0.57% |
| Mar 31, 2026 | -0.57% |
| Dec 31, 2025 | -39.20% |
| Dec 31, 2025 | -39.20% |
| Dec 31, 2025 | -39.20% |
| Sep 30, 2025 | 17.57% |
| Sep 30, 2025 | 17.57% |
| Sep 30, 2025 | 17.57% |
| Jun 30, 2025 | 4.02% |
| Jun 30, 2025 | 4.02% |
| Jun 30, 2025 | 4.02% |
| Mar 31, 2025 | 8.69% |
| Mar 31, 2025 | 8.69% |
| Mar 31, 2025 | 8.69% |
| Dec 31, 2024 | -3.84% |
| Dec 31, 2024 | -3.84% |
| Dec 31, 2024 | -3.84% |
| Sep 30, 2024 | -8.63% |
| Sep 30, 2024 | -8.63% |