Royal Gold (RGLD) Net Margin (2017 - 2026)
Royal Gold (RGLD) posted quarterly Net Margin of 60.05% for Q1 2026, up 133.0% year-over-year from 25.77% in Q1 2025, and up 140.49% on a QoQ basis from 24.97% in Q4 2025.
Royal Gold (RGLD) Net Margin (2017 - 2026) Analysis & Trends
Royal Gold (RGLD) has reported Net Margin for 10 consecutive years, with 60.05% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin rose 133.0% year-over-year to 60.05%; the TTM figure through Mar 2026 stood at 48.98% (down 322.0% YoY), while the FY2025 annual figure was 45.76%, down 45.0% from the prior year.
- Net Margin came in at 60.05% for Q1 2026 at Royal Gold, up from 24.97% in the prior quarter.
- The five-year high for Net Margin was 63.19% in Q2 2025, with the low at 24.97% in Q4 2025.
- Average Net Margin over 5 years is 44.6%, with a median of 44.15% recorded in 2023.
- The largest YoY upside for Net Margin was 2694 bps in 2025 against a maximum downside of 2811 bps in 2025.
- Year by year, Net Margin stood at 34.79% in 2022, then grew by 19 bps to 41.24% in 2023, then climbed by 29 bps to 53.08% in 2024, then tumbled by 53 bps to 24.97% in 2025, then surged by 140 bps to 60.05% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 60.05%, 24.97%, and 52.29% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | 0.02% |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | 0.00% |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 41.15% |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | 98.94% |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | 0.00% |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | 265.70% |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | 0.00% |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | 0.00% |
| 10 | Royal Gold | 16.84 Bn | 16.65 Bn | 408.79 Mn | 60.05% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 60.05% |
| Dec 31, 2025 | 24.97% |
| Sep 30, 2025 | 52.29% |
| Jun 30, 2025 | 63.19% |
| Mar 31, 2025 | 58.72% |
| Dec 31, 2024 | 53.08% |
| Sep 30, 2024 | 49.70% |
| Jun 30, 2024 | 46.71% |
| Mar 31, 2024 | 31.77% |
| Dec 31, 2023 | 41.24% |
| Sep 30, 2023 | 35.71% |
| Jun 30, 2023 | 44.15% |
| Mar 31, 2023 | 37.60% |
| Dec 31, 2022 | 34.79% |
| Sep 30, 2022 | 34.95% |
| Jun 30, 2022 | 48.72% |
| Mar 31, 2022 | 40.63% |
| Dec 31, 2021 | 40.48% |
| Sep 30, 2021 | 40.40% |
| Jun 30, 2021 | 48.75% |