Royal Gold, Inc. and its subsidiaries engage in the acquisition and oversight of precious metal streams, royalty agreements, and related rights. The ...
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Est. EPS $2.57 · Revenue $439.68M · 4 analysts
$0.95 per share
$0.95 per share
Est. EPS $2.78 · Revenue $494.78M · 3 analysts
EPS $1.72 · Revenue $191.68M
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $1.0B | +44.6% | -4.0% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $466.3M | +40.4% | -15.9% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +69.3% | -19.7% | -3.7% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +64.5% | +6.9% | -1.9% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +45.2% | -2.9% | -12.4% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $-459.9M | -207.7% | -2.9% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | -44.6% | -174.5% | +1.1% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 13.5% | — | -35.0% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 3.12x | -3.4% | -17.0% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $9.5B | +181.2% | -0.4% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 6.69 vs 8.04 | -16.8% | 2.78 vs 2.57 | +8.0% |
| Revenue Surprise | $1.0B vs $1.0B | -1.7% | $450.5M vs $439.7M | +2.5% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Aug 28, 2026 | Shefman Randy | officer: SVP & General Counsel | Common Stock | D | 500 | $262.80 |
| Jun 16, 2026 | Shefman Randy | officer: SVP & General Counsel | Common Stock | D | 500 | $215.85 |
| May 11, 2026 | Shefman Randy | officer: SVP & General Counsel | Common Stock | D | 1,000 | $243.74 |
| Mar 12, 2026 | Isto Mark | director | Common Stock | D | 2,000 | $274.83 |
| Mar 11, 2026 | Crandall David R | officer: VP, Corporate Secretary & CCO | Common Stock | D | 150 | — |
Operator: Hello, everyone. Thank you for joining us, and welcome to the Royal Gold, Inc. 2026 Second Quarter Conference Call. [Operator Instructions] I will now hand the conference over to Alistair Baker, Senior Vice President, Investor Relations and Business Development. Alistair, please go ahead. Alistair Baker: Thank you, operator. Good morning, and welcome to our discussion of Royal Gold's second quarter 2026 results. This event is being webcast live, and a replay of this call will be available on our website. Speaking on the call today are Bill Heissenbuttel, President and CEO; Paul Libner, Senior Vice President and CFO; and Martin Raffield, Senior Vice President of Operations. Other members of the management team are also available for questions. During today's call, we will make forward-looking statements, including statements about our projections and expectations for the future. These statements are subject to risks and uncertainties that could cause actual results to differ materially from these statements. These risks and uncertainties are discussed in yesterday's press release and our filings with the SEC. We will also refer to certain non-GAAP financial measures, including adjusted net income, adjusted net income per share, adjusted EBITDA and cash G&A. Reconciliations of these measures to the most directly comparable GAAP measures are available in yesterday's press release, which can be found on our website. Bill will start with an overview of the second quarter. Martin will provide portfolio commentary, and Paul will give a financial update. After the formal remarks, we'll open the lines for a Q&A session. I'll now turn the call over to Bill. William Heissenbuttel: Good morning, and thank you for joining the call. I'll begin on Slide 4. This is our second complete quarter of consolidated financial results after significantly growing our business in 2025 and our strong first half of 2026 clearly demonstrates a material change in the scale of our portfolio. Revenue for the quarter was $451 million, operating cash flow was a record $335 million and earnings were $236 million. These were increases of 115%, 119% and 79%, respectively, over the same period last year. Our diversified portfolio produced revenue from a variety of properties with no one asset contributing more than 13% of revenue and only 2 assets generating more than 10% of revenue. Reducing asset concentration risk was a key driver for our acquisitions in 2025, and we are pleased to see this reflected in our portfolio which is now one of the most diversified in the sector. After adjustments, net income was $218 million or $2.56 per share, a 41% increase over last year. We remain a gold-focused business and gold contributed 76% of total revenue for the quarter. Our adjusted EBITDA margin remained high at 83% for the quarter, reflecting our low and stable cash G&A. We paid dividends of $40 million to shareholders in the quarter at our annual rate of $1.90 per share, 6% …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
William H. Heissenbuttel | President, Chief Executive Officer & Director | USD 2,470,647 | Male | 1965 | Active |
Daniel K. Breeze | Senior Vice President of Corporate Development - RGLD Gold AG | USD 1,359,850 | Male | 1973 | Active |
Paul K. Libner | Senior Vice President & Chief Financial Officer | USD 1,199,638 | Male | 1974 | Active |
Randy Shefman | Senior Vice President & General Counsel | USD 1,161,409 | Male | 1974 | Active |
Martin Raffield | Senior Vice President of Operations | USD 1,160,294 | — | 1969 | Active |
Jason Franklin Hynes | Senior Vice President of Strategy & Business Development of Royal Gold Corp | — | Male | 1979 | Active |
Alistair Baker | Senior Vice President of Investor Relations & Business Development of Royal Gold Corporation | — | Male | — | Active |
David R. Crandall | Vice President, Corporate Secretary & Chief Compliance Officer | — | Male | 1983 | Active |
Shares of Royal Gold, Inc. (NASDAQ: RGLD - Get Free Report) (TSE: RGL) have received a consensus rating of "Moderate Buy" from the thirteen brokerages that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and nine have assigned a buy
On July 30, 2026, Royal Gold Inc (RGLD) shares rose 3.9% to a current price of $203.04. This price is situated within a 52-week range of $150.99 to $306.25, ref
DENVER--(BUSINESS WIRE)--Royal Gold to Participate in the Renmark Financial Communications Virtual Non-Deal Roadshow Series on Tuesday, August 11, 2026.
RGLD's Q2 GEO sales rise 8% year over year as stream sales surge, while debt repayment and a gold delivery settlement reshape the quarter.
DENVER--(BUSINESS WIRE)--Royal Gold Provides Preliminary Financial Information and Details for the Release of Financial Results for the Second Quarter 2026.
