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| Date | Value |
|---|---|
| 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% |