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Companies / Materials / Royal Gold, Inc.
RGLD

Royal Gold, Inc.

MaterialsHolding & Investment
Ticker RGLDDENVER, COFiscal year ends DecemberBook value per share $89.19Diluted shares 85.1M

Royal Gold, Inc. (Nasdaq: RGLD) acquires and manages precious-metal streams, royalties and similar interests in mining projects. It provides upfront financing to mine operators or acquires existing interests in exchange for rights to purchase metals or receive a share of project revenue; it generally does not develop… From the company’s description.

In fiscal 2025, Royal Gold, Inc. reported revenue of $1.03B, up 43.2% from fiscal 2024, and net income of $471.58M. Its operating margin was 61.9%, and operations generated $704.85M in cash. Over the twelve months to Jun 30, 2026, revenue was $1.55B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$1.03BFY2025
+43.2% year over year
Last 12 mo $1.55B
61.93%FY2025
+2.2 percentage points
Last 12 mo 61.42%
$471.58MFY2025
+41.8% year over year
Last 12 mo $744.79M
6.51%FY2025
−4.1 percentage points
Last 12 mo 9.73%
Cash & financing
$704.85MFY2025
+33.1% year over year
Last 12 mo $1.04B
$704.85MFY2025
+33.1% year over year
Last 12 mo $1.04B
0.13FY2025
Was 0.00× a year earlier
Last 12 mo 0.05
69.6MFY2025
+5.8% year over year
Last 12 mo 85.1M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Royal Gold, Inc. does

In the company’s own words

Royal Gold, Inc. (Nasdaq: RGLD) acquires and manages precious-metal streams, royalties and similar interests in mining projects. It provides upfront financing to mine operators or acquires existing interests in exchange for rights to purchase metals or receive a share of project revenue; it generally does not develop or operate the mines or bear their capital and operating costs. The company manages two reportable segments: acquisition and management of stream interests, which generated 67% of 2025 revenue, and acquisition and management of royalty interests, which generated 33%. At year-end 2025, its portfolio included stream interests in 18 producing and five development-stage properties, and royalty interests in 63 producing, 24 development-stage and 254 exploration-stage properties. Revenue is primarily linked to gold, silver and copper production and prices. Royal Gold reported $1.03 billion in revenue for fiscal 2025 and acquired Sandstorm Gold Ltd. and Horizon Copper Corp. in October 2025. Its website is www.royalgold.com.

Company details
Sector
Materials
Industry (SIC)
Holding & Investment
Headquarters
DENVER, CO
Fiscal year end
December
CIK
85535
SIC
6795

Financial performance, year by year

Fiscal 2014–2025 · USD
$-285.99M$213.93M$713.85M$1.21B$1.71B2014201520162017201820192020202120212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Royal Gold, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

490
funds hold it
0 of 35
superinvestors hold it
$8.22B
held by funds, at market
46.3%
of shares held by funds

Largest fund holders · Royal Gold, Inc.’s weight in each

0.24%of fund net assets
iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.45%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.02%of fund net assets
VanEck Gold Miners ETF
GDX · VanEck ETF Trust
1.95%of fund net assets
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Royal Gold, Inc. and its peers compare on margins and cash generation over ten years?”
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