Royal Gold Inc
NASDAQ: RGLD · BASIC MATERIALS · GOLD
Updated 2026-06-05
Royal Gold Inc (RGLD) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $171.76M | $356.65M | $545.85M | $809.92M | $1.86B | $1.90B | $2.38B | $2.91B | $2.89B | $2.92B | $3.07B | $3.09B | $2.68B | $2.54B | $2.65B | $2.76B | $3.53B | $3.36B | $3.39B | $9.54B |
| Cash & equivalents | $78.45M | $82.84M | $192.03M | $294.57M | $324.85M | $114.16M | $375.46M | $664.03M | $659.54M | $742.85M | $116.63M | $85.85M | $88.75M | $119.47M | $225.92M | $143.55M | $118.59M | $104.17M | $195.50M | $233.72M |
| Current assets | $84.70M | $95.68M | $210.98M | $318.71M | $371.27M | $169.27M | $445.21M | $744.50M | $735.98M | $797.02M | $167.94M | $143.61M | $125.81M | $154.68M | $297.13M | $216.00M | $185.83M | $167.43M | $275.29M | $377.45M |
| Total liabilities | $10.11M | $26.45M | $51.22M | $49.51M | $427.79M | $415.01M | $512.94M | $534.71M | $518.99M | $501.26M | $783.84M | $773.80M | $540.75M | $373.70M | $148.19M | $155.82M | $781.05M | $460.42M | $260.92M | $2.33B |
| Current liabilities | $3.32M | $4.69M | $8.93M | $6.19M | $35.77M | $28.86M | $15.21M | $35.09M | $22.50M | $24.97M | $25.86M | $34.28M | $51.38M | $33.61M | $52.08M | $61.43M | $63.59M | $72.42M | $85.15M | $120.92M |
| Long-term debt | — | — | — | — | — | — | — | — | — | — | — | — | — | $300.44M | — | — | $571.57M | $245.97M | — | $895.44M |
| Shareholder equity | $161.66M | $319.08M | $483.22M | $749.44M | $1.40B | $1.46B | $1.84B | $2.35B | $2.35B | $2.35B | $2.23B | $2.28B | $2.10B | $2.14B | $2.49B | $2.59B | $2.74B | $2.89B | $3.12B | $7.16B |
| Retained earnings | $-4.44M | $8.99M | $19.48M | $46.71M | $51.86M | $100.00M | $160.12M | $181.28M | $189.87M | $185.12M | $48.58M | $88.05M | $-89.90M | $-65.75M | $286.25M | $381.93M | $527.31M | $666.52M | $889.99M | $1.23B |
| Accounts receivable | $5.96M | $12.47M | $18.50M | $22.97M | $43.80M | $48.83M | $64.99M | $65.54M | $68.60M | $44.10M | $41.21M | $49.05M | $26.40M | $23.43M | $51.76M | $54.09M | $52.47M | $51.56M | $64.60M | $112.95M |
| Inventory | — | — | — | — | — | — | — | — | — | $2.29M | $9.49M | $7.88M | $9.31M | $11.38M | $17.68M | $11.61M | $12.66M | $9.79M | $12.97M | $25.88M |
| Goodwill | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Frequently asked questions
What is Royal Gold Inc's revenue?
Royal Gold Inc's trailing twelve-month revenue is $1.30B, and consensus projects about $4.18B by 2030. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is RGLD?
In its most recent fiscal year, RGLD ran a gross margin of 69.27%, an operating margin of 64.50%, and a net margin of 45.25%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does RGLD generate?
RGLD produced $-459.91M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is RGLD's balance sheet healthy?
RGLD holds $233.72M in cash and equivalents against $895.44M in long-term debt, on $7.16B of shareholder equity. That debt is best read against the cash flow the business throws off each year.