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

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

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

Royal Gold (RGLD) has reported Return on Capital Employed for 17 consecutive years, with 8.64% the latest figure, recorded in 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 came in at 8.64% for Q1 2026 at Royal Gold, down from 9.28% in the prior quarter.
  • The five-year high for Return on Capital Employed was 15.61% in Q1 2022, with the low at 8.36% in Q1 2023.
  • Average Return on Capital Employed over 5 years is 11.29%, with a median of 10.19% recorded in 2024.
  • Across the five-year window, Return on Capital Employed plunged 725 bps in 2023 and soared 524 bps in 2025, its largest moves.
  • Year by year, Return on Capital Employed stood at 8.36% in 2022, then grew by 10 bps to 9.17% in 2023, then surged by 44 bps to 13.18% in 2024, then slipped by 30 bps to 9.28% in 2025, then retreated by 7 bps to 8.64% in 2026.
  • According to Business Quant data, Return on Capital Employed over the past three periods registered 8.64%, 9.28%, and 14.31% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Barrick Mining 978.09 Bn 980.39 Bn 3.12 Bn 9.05%
2 Trx Gold 189.48 Bn 189.48 Bn 21.05 Mn 41.57%
3 Newmont 101.22 Bn 92.61 Bn 7.29 Bn 21.10%
4 OR Royalties 53.18 Bn 53.08 Bn 88.84 Mn -
5 Wheaton Precious Metals 50.59 Bn 48.43 Bn 699.37 Mn -
6 Aura Minerals 50.25 Bn 50.25 Bn 19.58 Mn -
7 Franco Nevada 40.21 Bn 39.50 Bn 526.30 Mn 19.41%
8 Gold Fields 30.19 Bn 28.41 Bn - -
9 Kinross Gold 28.01 Bn 25.95 Bn 1.44 Bn -
10 Royal Gold 16.84 Bn 16.65 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%