Royal Gold (RGLD) Net Margin (2017 - 2026)
Royal Gold's Net Margin came in at 52.47% for Q2 2026, down 10.66 percentage points from 63.13% a year earlier and down 7.46 percentage points from the prior quarter.
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Analysis
Royal Gold (RGLD) Net Margin (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Royal Gold reported Net Margin of 47.70%, down 8.52 percentage points year-over-year; for FY2025, it came in at 45.25%, down 0.90 percentage points from FY2024.
- Net Margin carries a five-year change of +5.29 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 46.15% in FY2024 (+6.62 pp), 39.53% in FY2023 (-0.09 pp), 39.62% in FY2022 (-2.31 pp) and 41.93% in FY2021.
- The five-year range for quarterly Net Margin is 24.94% (Q4 2025) to 63.13% (Q2 2025).
- Year-over-year, Net Margin increased in six of the last eight quarters, with an average year-over-year change of +4.08 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q1 2025 (a gain of 27.00 percentage points), and the weakest in Q4 2025 (a drop of 28.08 percentage points).
- Business Quant data shows RGLD's Net Margin at 59.93% (Q1 2026), 24.94% (Q4 2025) and 50.31% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 43.85 Bn | 44.35 Bn | - | 32.04% |
| 2 | Rocket Companies | 43.67 Bn | 29.35 Bn | - | 8.26% |
| 3 | Royalty Pharma | 33.56 Bn | 33.48 Bn | - | 2.65% |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - | 2.02% |
| 5 | Synchrony Financial | 23.24 Bn | -44.73 Bn | - | 18.21% |
| 6 | Affirm Holdings | 22.66 Bn | 16.35 Bn | - | 138.65% |
| 7 | Royal Gold | 20.35 Bn | 19.57 Bn | 390.45 Mn | 52.47% |
| 8 | Annaly Capital Management | 15.27 Bn | 6.37 Bn | - | - |
| 9 | Ares Capital | 13.74 Bn | 11.17 Bn | - | - |
| 10 | Federal Home Loan Mortgage | 12.68 Bn | -6.06 Bn | - | -0.15% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 52.47% |
| Mar 31, 2026 | 59.93% |
| Dec 31, 2025 | 24.94% |
| Sep 30, 2025 | 50.31% |
| Jun 30, 2025 | 63.13% |
| Mar 31, 2025 | 58.67% |
| Dec 31, 2024 | 53.03% |
| Sep 30, 2024 | 49.65% |
| Jun 30, 2024 | 46.65% |
| Mar 31, 2024 | 31.68% |
| Dec 31, 2023 | 41.12% |
| Sep 30, 2023 | 35.59% |
| Jun 30, 2023 | 44.05% |
| Mar 31, 2023 | 37.49% |
| Dec 31, 2022 | 34.59% |
| Sep 30, 2022 | 34.84% |
| Jun 30, 2022 | 48.58% |
| Mar 31, 2022 | 40.45% |
| Sep 30, 2021 | 40.23% |
| Jun 30, 2021 | 48.61% |
API Access
Royal Gold Net 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=net-margin&ticker=RGLD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "RGLD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=RGLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();