Royal Gold (RGLD) Operating Margin (2009 - 2026)

Royal Gold has reported Operating Margin for 18 years, with the latest figure at 62.13% in Q2 2026.

• On a quarterly basis, Operating Margin fell 552.0% year-over-year to 62.13% in Q2 2026; TTM through Jun 2026 was 61.42%, a 327.0% decrease from a year earlier, with the FY2025 full-year figure at 61.93%, up 217.0% from the prior year.
• Operating Margin was 62.13% for Q2 2026 at Royal Gold, down from 63.33% in the prior quarter.
• The five-year high for Operating Margin was 67.66% in Q2 2025, with the low at 45.07% in Q4 2022.
• Average Operating Margin over 5 years is 55.66%, with a median of 54.19% recorded in 2025.
• The sharpest annual moves came in 2024 and 2025: Operating Margin surged 1402 bps in 2024, then plunged 969 bps in 2025.
• Over 5 years, Operating Margin stood at 45.07% in 2022, then gained by 16 bps to 52.2% in 2023, then increased by 26 bps to 65.88% in 2024, then slipped by 15 bps to 56.18% in 2025, then rose by 11 bps to 62.13% in 2026.
• The last three Operating Margin figures came in at 62.13% (Q2 2026), 63.33% (Q1 2026), and 56.18% (Q4 2025), per Business Quant data.