Royal Gold Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.03B | $719.4M | $605.7M | $603.2M | $653.6M | $498.8M | $423.1M | $459.0M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | $714.3M | $471.2M | $343.4M | $323.1M | $333.0M | $236.1M | $178.6M | $209.3M |
| Gross Margin | 69.3% | 65.5% | 56.7% | 53.6% | 51.0% | 47.3% | 42.2% | 45.6% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $49.2M | $40.9M | $39.8M | $34.6M | $29.3M | $30.2M | $30.5M | $35.5M |
| Operating Income | $638.2M | $429.9M | $303.2M | $283.7M | $328.4M | $198.9M | $140.7M | $-74.5M |
| Operating Margin | 61.9% | 59.8% | 50.1% | 47.0% | 50.2% | 39.9% | 33.3% | -16.2% |
| Interest Expense | — | — | — | — | — | — | $1.7M | — |
| Pretax Income | $573.9M | $426.1M | $282.1M | $272.9M | $328.2M | $192.6M | $106.6M | $-104.6M |
| Income Tax Expense | $102.3M | $93.6M | $42.0M | $32.9M | $53.2M | $-3.7M | $17.5M | $14.8M |
| Net Income | $466.3M | $332.0M | $239.4M | $239.0M | $274.0M | $199.3M | $93.8M | $-113.1M |
| Net Margin | 45.2% | 46.2% | 39.5% | 39.6% | 41.9% | 40.0% | 22.2% | -24.6% |
| EPS (Basic) | $6.70 | $5.04 | $3.64 | $3.64 | $4.17 | $3.04 | $1.43 | $-1.73 |
| EPS (Diluted) | $6.69 | $5.04 | $3.63 | $3.63 | $4.17 | $3.03 | $1.43 | $-1.73 |
| Shares Outstanding (Basic) | 69.4M | 65.7M | 65.6M | 65.6M | 65.6M | 65.5M | 65.4M | 65.3M |
| Shares Outstanding (Diluted) | 69.6M | 65.8M | 65.7M | 65.7M | 65.6M | 65.6M | 65.5M | 65.3M |
| Dividends Per Share | $1.83 | $1.65 | $1.53 | $1.43 | $1.25 | $1.11 | $1.05 | $0.99 |