Royal Gold (RGLD) Net Margin (2017 - 2026)

Royal Gold (RGLD) recorded quarterly Net Margin of 60.05% in Q1 2026, up 140.49% quarter-over-quarter from 24.97% in Q4 2025, and up 133.0% on a YoY basis from 25.77% in Q1 2025.

Royal Gold (RGLD) Net Margin (2017 - 2026) Analysis & Trends

Royal Gold's Net Margin history runs 10 years deep, the most recent figure standing at 60.05% for 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 was 60.05% for Q1 2026 at Royal Gold, up from 24.97% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 63.19% in Q2 2025 to a low of 24.97% in Q4 2025.
  • Historically, Net Margin has averaged 44.6% across 5 years, with a median of 44.15% in 2023.
  • Biggest YoY gain for Net Margin was 2694 bps in 2025; the steepest drop was 2811 bps in 2025.
  • A 5-year view of Net Margin shows it stood at 34.79% in 2022, then gained by 19 bps to 41.24% in 2023, then rose by 29 bps to 53.08% in 2024, then slumped by 53 bps to 24.97% in 2025, then surged by 140 bps to 60.05% in 2026.
  • The last three Net Margin figures came in at 60.05% (Q1 2026), 24.97% (Q4 2025), and 52.29% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn - -
2 Barrick Mining 996.87 Bn 999.60 Bn 3.12 Bn 30.70%
3 Wheaton Precious Metals 410.57 Bn 409.42 Bn 699.37 Mn 76.67%
4 Alamos Gold 136.28 Bn 135.62 Bn 442.20 Mn 52.82%
5 Gold Fields 128.61 Bn 126.83 Bn - -
6 Kinross Gold 103.07 Bn 100.89 Bn 1.44 Bn 35.01%
7 Newmont 100.59 Bn 91.98 Bn 7.29 Bn 41.15%
8 Equinox Gold 47.64 Bn 47.14 Bn - -
9 AngloGold Ashanti 44.52 Bn 41.55 Bn 1.94 Bn 39.59%
10 Royal Gold 16.70 Bn 16.51 Bn 408.79 Mn 60.05%

Historic Data

Download Data
DateValue
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%