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| 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% |