Royal Gold (RGLD) Return on Capital Employed (2010 - 2026)

Royal Gold (RGLD) recorded quarterly Return on Capital Employed of 8.64% in Q1 2026, down 6.81% quarter-over-quarter from 9.28% in Q4 2025, and down 557.0% on a YoY basis from 1.89% in Q1 2025.

Royal Gold (RGLD) Return on Capital Employed (2010 - 2026) Analysis & Trends

Royal Gold's Return on Capital Employed history runs 17 years deep, the most recent figure standing at 8.64% for Q1 2026.

  • In Q1 2026, Return on Capital Employed fell 557.0% year-over-year to 8.64%; the TTM figure through Mar 2026 stood at 8.64% (down 557.0% YoY), while the FY2025 annual figure was 10.06%, down 300.0% from the prior year.
  • Return on Capital Employed was 8.64% for Q1 2026 at Royal Gold, down from 9.28% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 15.61% in Q1 2022 to a low of 8.36% in Q1 2023.
  • Historically, Return on Capital Employed has averaged 11.29% across 5 years, with a median of 10.19% in 2024.
  • The sharpest annual moves came in 2023 and 2025: Return on Capital Employed tumbled 725 bps in 2023, then soared 524 bps in 2025.
  • A 5-year view of Return on Capital Employed shows it stood at 8.36% in 2022, then gained by 10 bps to 9.17% in 2023, then surged by 44 bps to 13.18% in 2024, then fell by 30 bps to 9.28% in 2025, then dropped by 7 bps to 8.64% in 2026.
  • The last three Return on Capital Employed figures came in at 8.64% (Q1 2026), 9.28% (Q4 2025), and 14.31% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn - -5.02%
2 Barrick Mining 996.87 Bn 999.60 Bn 3.12 Bn 9.05%
3 Wheaton Precious Metals 410.57 Bn 409.42 Bn 699.37 Mn 9.04%
4 Alamos Gold 136.28 Bn 135.62 Bn 442.20 Mn 22.92%
5 Gold Fields 128.61 Bn 126.83 Bn - -
6 Kinross Gold 103.07 Bn 100.89 Bn 1.44 Bn -
7 Newmont 100.59 Bn 91.98 Bn 7.29 Bn 21.10%
8 Equinox Gold 47.64 Bn 47.14 Bn - -
9 AngloGold Ashanti 44.52 Bn 41.55 Bn 1.94 Bn -
10 Royal Gold 16.70 Bn 16.51 Bn 408.79 Mn 8.64%

Historic Data

Download Data
DateValue
Mar 31, 2026 8.64%
Dec 31, 2025 9.28%
Sep 30, 2025 14.31%
Jun 30, 2025 15.04%
Mar 31, 2025 14.22%
Dec 31, 2024 13.18%
Sep 30, 2024 11.76%
Jun 30, 2024 10.19%
Mar 31, 2024 8.98%
Dec 31, 2023 9.17%
Sep 30, 2023 8.87%
Jun 30, 2023 8.62%
Mar 31, 2023 8.36%
Dec 31, 2022 8.36%
Sep 30, 2022 12.51%
Jun 30, 2022 14.77%
Mar 31, 2022 15.61%
Dec 31, 2021 15.29%
Sep 30, 2021 12.06%
Jun 30, 2021 12.74%