Royal Gold (RGLD) Gross Margin (2009 - 2026)
Royal Gold (RGLD) posted quarterly Gross Margin of 87.14% for Q1 2026, down 19.0% year-over-year from 107.58% in Q1 2025, and up 0.79% quarter-over-quarter from 86.45% in Q4 2025.
Royal Gold (RGLD) Gross Margin (2009 - 2026) Analysis & Trends
Royal Gold's Gross Margin history runs 17 years deep, the most recent figure standing at 87.14% for Q1 2026.
- In Q1 2026, Gross Margin fell 19.0% year-over-year to 87.14%; the TTM figure through Mar 2026 stood at 87.23% (up 36.0% YoY), while the FY2025 annual figure was 87.29%, up 85.0% from the prior year.
- Gross Margin for Q1 2026 stood at 87.14%, up from 86.45% in the prior quarter.
- The five-year high for Gross Margin was 88.47% in Q2 2025, with the low at 82.33% in Q3 2022.
- The 5-year median for Gross Margin is 86.06% (2022), against an average of 85.84%.
- The sharpest annual moves came in 2022 and 2025: Gross Margin soared 6282 bps in 2022, then plunged 150 bps in 2025.
- Royal Gold's Gross Margin stood at 84.68% in 2022, then climbed by 2 bps to 86.39% in 2023, then gained by 2 bps to 87.96% in 2024, then retreated by 2 bps to 86.45% in 2025, then increased by 1 bps to 87.14% in 2026.
- Business Quant data shows RGLD's Gross Margin at 87.14% in Q1 2026, 86.45% in Q4 2025, and 87.55% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 140.21 Bn | 131.20 Bn | 4.03 Bn | 65.87% |
| 2 | Agnico Eagle Mines | 108.82 Bn | 105.36 Bn | 2.43 Bn | 63.79% |
| 3 | Barrick Mining | 79.27 Bn | 73.34 Bn | 2.90 Bn | 54.74% |
| 4 | Wheaton Precious Metals | 71.28 Bn | 71.18 Bn | 687.86 Mn | 74.03% |
| 5 | AngloGold Ashanti | 61.36 Bn | 58.53 Bn | 1.70 Bn | 54.86% |
| 6 | Gold Fields | 42.74 Bn | 40.96 Bn | - | - |
| 7 | Pan American Silver | 22.20 Bn | 20.64 Bn | 457,000.00 | 40.66% |
| 8 | Royal Gold | 21.95 Bn | 21.76 Bn | 390.45 Mn | 86.66% |
| 9 | Coeur Mining | 21.91 Bn | 20.86 Bn | 535.85 Mn | 49.36% |
| 10 | Alamos Gold | 15.89 Bn | 15.25 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 86.66% |
| Mar 31, 2026 | 87.14% |
| Dec 31, 2025 | 86.45% |
| Sep 30, 2025 | 87.55% |
| Jun 30, 2025 | 88.47% |
| Mar 31, 2025 | 87.33% |
| Dec 31, 2024 | 87.96% |
| Sep 30, 2024 | 85.97% |
| Jun 30, 2024 | 86.11% |
| Mar 31, 2024 | 85.39% |
| Dec 31, 2023 | 86.39% |
| Sep 30, 2023 | 84.60% |
| Jun 30, 2023 | 83.78% |
| Mar 31, 2023 | 85.32% |
| Dec 31, 2022 | 84.68% |
| Sep 30, 2022 | 82.33% |
| Jun 30, 2022 | 83.74% |
| Mar 31, 2022 | 86.06% |
| Dec 31, 2021 | 84.74% |
| Sep 30, 2021 | 19.51% |