Company Analysis

Royal Gold, Inc. (RGLD)

Nasdaq: RGLD · Mineral Royalty Traders · Denver, CO · filing with the SEC since 1995
Grade4.9
◀ Past 5.0● Present 5.5▶ Future 4.0

The grade of Royal Gold, Inc.

Nine metrics read from its own filings, by tense
Headline grade
4.9/10
◀ Past5.030% of the headline
● Present5.540% of the headline
▶ Future4.030% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

5.0/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
6.4/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 22% of this tense · 64th percentile among 7 sector filers · read for itself

From the record

Royal Gold, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
5.0/10

What has it actually done, year after year?

+10.5% a year over 10 filed years; profitable in 9 of 10.

weight 45% of this tense · 50th percentile among 6 sector filers · read for its customers

From the record

Royal Gold, Inc.'s 10 filed years say what it did: revenue went from $441 million in fiscal 2017 to $1.0 billion in fiscal 2025, up 10.5% a year; it rose in 7 of 9 years; the deepest fall was 8% from fiscal 2018 to fiscal 2019; net income was positive in 9 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span10.5%bottom 25% of its family
  • the share of years revenue rosetop 42% of its family
  • the share of filed years with a profittop 42% of its family
  • the deepest fall from a revenue peak7.8%top 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
4.2/10

How has it treated the people who own it?

Share count grew 1.9% a year. 20% of cash flow returned. Insiders: 27 sales, 0 purchases.

weight 33% of this tense · 42nd percentile among 6 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Royal Gold, Inc.'s diluted share count grew about 1.9% a year, and dividends and buybacks returned about 20% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 27 sales (17 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-10-06 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 42% of its family
  • cash returned against operating cash flowbottom 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.5/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
3.9/10

Is it financially healthy right now?

ROE 7%: 7¢ of profit per shareholder dollar. Leverage 24%: owes 24¢ per asset dollar.

weight 22% of this tense · 39th percentile among 6 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Royal Gold, Inc. earned about 7 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 7 cents per dollar of everything the company owns. Leverage: it owed about 24 cents per dollar of assets, and net share issuance: its share count grew 5.8% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 25% of its family
  • return on equitybottom 25% of its family
  • gross profit against assetsbottom 13% of its family
  • the share count against the year beforebottom 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.2/10

How strong is its position in its industry?

top 38% of 6 in its family; net margin 45.8%.

weight 45% of this tense · 62nd percentile among 6 sector filers · read for its customers

From the record

Royal Gold, Inc.'s standing among 6 graded names in its industry family: revenue of $1.0 billion in fiscal 2025 ranks in the top 30% by size; a net margin of 45.8% ranks in the bottom 42%; revenue growth of 19.5% a year over the last 3 filed years ranks in the top 25% (its annual reports).

What it rests on

  • revenue against the family$1.03Btop 30% of its family
  • net margin45.8%bottom 42% of its family
  • three-year revenue growth19.5%top 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
5.6/10

What are the people in charge doing?

top 44% of 2 in its family for leadership; chief executive since 2020.

weight 33% of this tense · 56th percentile among 2 sector filers · read for its shareholders

From the record

Royal Gold, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Heissenbuttel, William Holmes (President & CEO, as filed), filing under that title since 2020-01-06, 6.9 years (top 25% of its family); the 12 officers and directors filing in the last fifteen months have been on the record a median of 8.9 years (top 25%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (bottom 17%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge6 in three years among 12 peoplebottom 17% of its family
  • the median years the people in charge have filed8.9 yearstop 25% of its family
  • the chief executive's years on the record6.9 yearstop 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.0/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
3.5/10

How much room does it have to grow?

bottom 35% of 6 in its family for room to expand.

weight 45% of this tense · 35th percentile among 6 sector filers · read for itself

From the record

Royal Gold, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $234 million against debt of $895 million leaves -6.9% of its assets as net cash, bottom 8% of its family; cash from operations less capital spending is 68.4% of revenue (top 42%); a gross margin of 69.3% (bottom 38%) (its annual report).

What it rests on

  • cash less debt against assets-6.9%bottom 8% of its family
  • cash from operations less capital spending against revenue68.4%top 42% of its family
  • gross margin69.3%bottom 38% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.0/10

What could actually drive growth from here?

top 50% of 6 in its family for growth drivers.

weight 22% of this tense · 50th percentile among 6 sector filers · read for its customers

From the record

Royal Gold, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 19.5% a year over the last three filed years against 10.5% over all 10, speeding up (top 42% of its family); the newest year grew 43.3% (bottom 42%) (its annual reports). Royal Gold, Inc. reported 2 lines of business in fiscal 2025: Stream Interest at $686 million (67%), Royalty Interest at $344 million (33%); 2 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+9.0 points a yeartop 42% of its family
  • the newest year's revenue growth43.3%bottom 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
4.2/10

Did its newest year beat what its own record pointed to?

bottom 42% of 6 in its family for expectations against reality.

weight 33% of this tense · 42nd percentile among 6 sector filers · read for its shareholders

From the record

Royal Gold, Inc.'s newest year against its own record: revenue of $1.0 billion in fiscal 2025 came in 31.2% above the $786 million its prior three years' pace pointed to (top 42% of its family); net income of $472 million against a prior three-year average of $271 million (bottom 42%); a net margin of 45.8% against 41.9% before (bottom 25%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace31.2%top 42% of its family
  • net income against the prior three years' average+74%bottom 42% of its family
  • net margin against its prior average+3.9 pointsbottom 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton RGLD · research, not advice