← ROYAL GOLD INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $288.8m |
$542.8m
+87.94%
|
$651.8m
+20.08%
|
$423.1m
-35.09%
|
$498.8m
+17.91%
|
$615.9m
+23.46%
|
$603.2m
-2.05%
|
$605.7m
+0.42%
|
$719.4m
+18.77%
|
$1.0b
+43.24%
|
$1.5b
+50.13%
|
|
| Revenue (Note 11) | $359.8m | $440.8m | $459.0m | $423.1m | $498.8m | $615.9m | $603.2m | $605.7m | $719.4m | $1.0b | — | |
| Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization | $71.0m |
$87.3m
+22.94%
|
$83.8m
-3.93%
|
$77.5m
-7.52%
|
$83.9m
+8.20%
|
$92.9m
+10.74%
|
$94.6m
+1.88%
|
$90.5m
-4.35%
|
$97.5m
+7.72%
|
$130.9m
+34.26%
|
$514.1m
+292.63%
|
|
| Cost of sales (excludes depreciation, depletion and amortization) | $71.0m |
$87.3m
+22.94%
|
$83.8m
-3.93%
|
$77.5m
-7.52%
|
$83.9m
+8.20%
|
$92.9m
+10.74%
|
$94.6m
+1.88%
|
$90.5m
-4.35%
|
$97.5m
+7.72%
|
$130.9m
+34.26%
|
— | |
| Gross Profit (derived) | $217.8m |
$353.5m
+62.30%
|
$375.2m
+6.12%
|
$178.6m
-52.41%
|
$236.1m
+32.21%
|
$333.0m
+41.07%
|
$323.1m
-2.97%
|
$343.4m
+6.28%
|
$471.2m
+37.21%
|
$714.3m
+51.61%
|
$1.0b
+44.61%
|
|
| General and Administrative Expense | $31.7m | $33.4m | $35.5m | $30.5m | $30.2m | $28.4m | $34.6m | $39.8m | $40.9m | $49.2m | $58.8m | |
| Operating expenses: | ||||||||||||
| Total costs and expenses | $355.0m | $294.9m | $533.6m | $282.3m | $299.9m | $312.2m | $319.5m | $302.5m | $289.5m | $392.3m | $572.9m | |
| EARNINGS FROM OPERATIONS | $56.0m | ($22.6m) | $126.0m | $227.6m | $14.9m | $111.5m | $318.1m | $561.9m | $1.1b | |||
| Operating Income (Loss) | $4.8m |
$145.9m
+2930.36%
|
($74.5m)
-151.07%
|
$140.7m
+288.78%
|
$198.9m
+41.39%
|
$337.6m
+69.70%
|
$283.7m
-15.96%
|
$303.2m
+6.87%
|
$429.9m
+41.79%
|
$638.2m
+48.45%
|
$974.2m
+52.65%
|
|
| Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss | — | — | — | — | — | — | — | — | — | ($50.0m) | — | |
| Gain on sale of assets (Note 7) | — | — | — | — | — | — | — | — | $0 | $231.0m | — | |
| Interest and Other Income | $3.7m | $9.3m | $4.2m | $2.3m | $2.0m | $2.4m | $7.8m | $10.0m | $6.0m | $14.4m | — | |
| Interest and other expense | ($32.6m) | ($36.4m) | ($34.2m) | ($29.6m) | ($9.8m) | ($6.4m) | ($17.2m) | ($30.9m) | ($9.7m) | ($29.0m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | ($230k) | $15.3m | ($39.7m) | ($3.8m) | $35.4m | $130.2m | $86.3m | $64.1m | $127.4m | $153.7m | $909.8m | |
| EARNINGS BEFORE INCOME TAXES | $22.2m | ($38.4m) | $128.9m | $218.2m | $2.3m | $102.4m | $293.7m | $502.2m | $1.1b | |||
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($21.8m) | $118.9m | ($104.6m) | $106.6m | $192.6m | $339.6m | $272.9m | $282.1m | $426.1m | $573.9m | $909.8m | |
| Current Income Tax Expense (Benefit) | $65.7m | $24.9m | $47.6m | $19.2m | $28.7m | $36.4m | $52.8m | $48.5m | $85.3m | $106.2m | $165.0m | |
| Current income tax expense | — | ($11.9m) | ($17.3m) | ($12.7m) | ($30.1m) | ($5.3m) | ($10.7m) | ($52.7m) | ($98.7m) | ($120.5m) | $165.0m | |
| Deferred income tax expense | — | $16.3m | ($16.9m) | ($20.1m) | ($43.9m) | ($63.7m) | ($54.6m) | ($31.0m) | ($119.2m) | ($83.4m) | — | |
| Income Tax Expense (Benefit) | $60.7m | $26.4m | $14.8m | $17.5m | ($3.7m) | $36.9m | $32.9m | $42.0m | $93.6m | $102.3m | $165.0m | |
| NET EARNINGS | $26.6m |
($72.6m)
-372.93%
|
$96.1m
+232.37%
|
$144.2m
+50.05%
|
($66.7m)
-146.26%
|
$37.1m
+155.62%
|
$210.0m
+466.04%
|
$284.3m
+35.38%
|
$885.8m
+211.57%
|
$738.0m
-16.69%
|
||
| Net income attributable to non-controlling interests | $5.3m | $9.1m | $6.2m | $4.7m | $3.1m | ($244k) | ($960k) | ($692k) | ($456k) | ($5.3m) | — | |
| Net Income (Loss) Attributable to Parent | ($82.4m) |
$101.5m
+223.16%
|
($113.1m)
-211.43%
|
$93.8m
+182.93%
|
$199.3m
+112.46%
|
$302.5m
+51.76%
|
$239.0m
-21.01%
|
$239.4m
+0.19%
|
$332.0m
+38.67%
|
$466.3m
+40.44%
|
$738.0m
+58.26%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | ($77.1m) |
$101.5m
+231.60%
|
($119.4m)
-217.55%
|
$93.8m
+178.61%
|
$199.3m
+112.46%
|
$302.5m
+51.76%
|
$239.0m
-21.01%
|
$239.4m
+0.19%
|
$332.0m
+38.67%
|
$466.3m
+40.44%
|
$738.0m
+58.26%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | ($5.3m) | ($9.1m) | ($6.2m) | ($4.7m) | ($3.1m) | $244k | $960k | $692k | $456k | $5.3m | $738.0m | |
| Earnings Per Share, Basic | ($1.18) | $1.55 | ($1.73) | $1.43 | $3.04 | $4.61 | $3.64 | $3.64 | $5.04 | $6.70 | $9.07 | |
| Earnings Per Share, Diluted | ($1.18) | $1.55 | ($1.73) | $1.43 | $3.03 | $4.60 | $3.63 | $3.63 | $5.04 | $6.69 | $9.03 | |
| Common Stock, Dividends, Per Share, Declared | $0.91 | $0.95 | $0.99 | $1.05 | $1.11 | $1.18 | $1.43 | $1.52 | $1.65 | $1.82 | — | |
| - basic (in shares) | — | $0 | ($0) | $0 | $0 | ($0) | $0 | $395.5m | $408.2m | — | $78.9m | |
| - diluted (in shares) | — | $0 | ($0) | $0 | $0 | ($0) | $0 | $398.1m | $410.5m | — | $79.2m | |
| Weighted Average Number of Shares Outstanding, Basic | 65.1m | 65.2m | 65.3m | 65.4m | 65.5m | 65.5m | 65.6m | 65.6m | 65.7m | 69.4m | 78.9m | |
| Basic weighted average shares outstanding (in shares) | 65.1m | 65.2m | 65.3m | 65.4m | 65.5m | 65.5m | 65.6m | 65.6m | 65.7m | 69.4m | — | |
| Diluted weighted average shares outstanding (in shares) | 65.1m | 65.3m | 65.3m | 65.5m | 65.6m | 65.6m | 65.7m | 65.7m | 65.8m | 69.6m | — | |
| Weighted Average Number of Shares Outstanding, Diluted | 65.1m | 65.3m | 65.3m | 65.5m | 65.6m | 65.6m | 65.7m | 65.7m | 65.8m | 69.6m | 79.2m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | — | — | — | — | — | — | — | $0 | $0 | $26.5m | — | |
| Taxes, Miscellaneous | $4.0m | $1.8m | $2.3m | $4.1m | $3.8m | $6.7m | $7.0m | $7.3m | $6.6m | $8.6m | — | |
| Production taxes | $4.0m | $1.8m | $2.3m | $4.1m | $3.8m | $6.7m | $7.0m | $7.3m | $6.6m | $8.6m | — | |
| Depreciation, depletion and amortization | $141.1m | $159.6m | $163.7m | $163.1m | $175.4m | $183.6m | $178.9m | $164.9m | $144.4m | $177.1m | — | |
| Fair value changes in equity securities | — | — | — | ($6.8m) | $1.4m | $6.0m | ($1.5m) | ($147k) | ($66k) | $327k | — | |
| Loss on sale of marketable securities | — | — | — | — | — | — | — | $0 | $0 | ($50.0m) | — | |
| Unrealized change in market value of available-for-sale debt securities | — | — | — | — | — | — | — | $0 | $0 | $993k | — | |
| Comprehensive income | ($79.1m) | $93.3m | ($121.4m) | $89.1m | $196.2m | $302.8m | $239.9m | $240.1m | $332.5m | $472.6m | — | |
| Comprehensive income attributable to non-controlling interests | $5.3m | $9.1m | $6.2m | $4.7m | $3.1m | ($244k) | ($960k) | ($692k) | ($456k) | ($5.3m) | — | |
| Comprehensive income attributable to Royal Gold stockholders | ($73.9m) | $102.4m | ($115.2m) | $93.8m | $199.3m | — | — | $239.4m | $332.0m | $467.3m | — | |
| Mining and processing | — | $315.6m | $387.2m | $339.0m | $312.6m | $351.5m | $394.4m | $437.3m | $518.9m | $572.8m | — | |
| Royalties | — | $15.6m | $21.6m | $17.4m | $10.2m | $11.7m | $9.1m | $10.2m | $13.8m | $27.0m | — | |
| Amortization | — | $125.6m | $166.6m | $165.0m | $152.7m | $170.9m | $171.5m | $190.2m | $218.4m | $209.7m | — | |
| Exploration | — | $8.3m | $11.0m | $6.7m | $7.2m | $14.7m | $18.4m | $18.2m | $26.7m | $26.3m | — | |
| Corporate and administrative | — | $15.5m | $17.4m | $19.8m | $21.0m | $24.5m | $25.9m | $27.6m | $32.6m | $39.3m | — | |
| Share-based compensation (Note 19) | — | $6.2m | $6.6m | $9.2m | $10.3m | $11.1m | $18.3m | $21.7m | $31.7m | $55.0m | — | |
| Reversal of impairment (Note 10) | — | $0 | $64.0m | $0 | $0 | $224.3m | $38.2m | $0 | ($57.1m) | ($218.8m) | — | |
| Loss on commodity derivatives (Note 13) | — | — | — | — | — | — | — | ($900k) | ($24.2m) | ($230.5m) | — | |
| Finance income (expense) (Note 20) | — | ($6.6m) | ($3.0m) | ($2.5m) | ($4.3m) | ($4.5m) | ($5.7m) | ($2.5m) | ($3.8m) | $6.4m | — | |
| Foreign exchange (loss) gain | — | $5.0m | ($4.4m) | $300k | ($1.4m) | ($900k) | $1.7m | $1.9m | $8.0m | ($5.1m) | — | |
| Other loss (Note 21) | — | ($3.1m) | ($8.4m) | $5.1m | ($3.7m) | ($7.2m) | ($5.1m) | ($22.9m) | ($39.7m) | ($9.6m) | — | |
| Net change in fair value of currency hedging instruments, net of taxes | — | — | — | — | $1.1m | — | ($5.9m) | $8.3m | ($11.7m) | $8.2m | — | |
| Net change in fair value of fuel hedging instruments, net of taxes | — | — | — | — | $100k | — | ($300k) | ($200k) | ($100k) | $0 | — | |
| Unrealized gain on equity securities, net of taxes | — | $6.6m | ($1.8m) | $2.5m | $23.8m | — | ($20.5m) | ($10.5m) | $26.4m | $34.9m | — | |
| Inventory net realizable value adjustment | — | — | — | — | — | $0 | $33.9m | $0 | — | — | — | |
| COVID costs | — | — | — | $0 | $6.5m | — | — | — | — | — | — | |
| Debt Instrument, Redemption Loss | — | ($29.1m) | $0 | — | — | — | — | — | — | — | — | |
| Unrealized gain on currency hedging instruments, net of taxes | — | $6.0m | ($7.4m) | $6.0m | $1.1m | — | — | — | — | — | — | |
| Unrealized gain on fuel hedging instruments, net of taxes | — | $0 | ($500k) | $500k | $100k | — | — | — | — | — | — | |
| Total expenses | — | $486.8m | $674.4m | $557.1m | $520.5m | $808.7m | $709.7m | $705.2m | $785.0m | $711.3m | $572.9m | |
| Total other comprehensive income | — | $12.6m | ($9.7m) | $9.0m | $25.0m | ($4.3m) | ($26.7m) | ($2.4m) | $14.6m | $43.1m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.