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| 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% |