Royal Gold Inc
Research Royal Gold Inc (RGLD) on Bullrun: valuation model: 4.8% overvalued, market cap USD 20.00B, P/E 25.8, dividend yield 0.8%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerRGLD
- ExchangeNASDAQ
- CountryUnited States
- SectorBasic Materials
- IndustryGold
- CurrencyUSD
- Valuation signal4.8% overvalued
- Market capUSD 20.00B
- P/E25.8
- Dividend yield0.8%
- Financial periodQ2 2026
- RevenueUSD 450.54M
- Net incomeUSD 236.39M
- Free cash flowUSD 285.12M
- Gross margin64.5%
Valuation Snapshot
Bullrun's latest valuation model marks Royal Gold Inc as 4.8% overvalued; latest market cap is USD 20.00B; P/E is 25.8; dividend yield is 0.8%.
Peer valuation comparison
Latest P/E is 25.75x versus a Basic Materials sector median of 16.68x (54.4% above).
Latest dividend yield is 0.8% versus a Basic Materials sector median of 2.3% (65.1% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 1.03B | USD 466.28M | -USD 459.91M | 69.3% | 6.69 | USD 233.72M | USD 895.44M | USD 7.16B |
| FY2024 | USD 719.40M | USD 332.02M | USD 426.94M | 65.5% | 5.04 | USD 195.50M | USD 0 | USD 3.12B |
| FY2023 | USD 605.72M | USD 239.44M | USD 413.11M | 56.7% | 3.63 | USD 104.17M | USD 245.97M | USD 2.89B |
| FY2022 | USD 603.21M | USD 238.98M | -USD 504.81M | 53.6% | 3.63 | USD 118.59M | USD 571.57M | USD 2.74B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 20.00B | 25.8 | 0.8% | 1.9 |
| 2025 | 2025-12-31 | USD 18.78B | 32.6 | 0.8% | 1.8 |
| 2024 | 2024-12-31 | USD 8.66B | 26.1 | 1.2% | 1.6 |
| 2023 | 2023-12-29 | USD 7.95B | 34.1 | 1.3% | 1.52 |
| 2022 | 2022-12-30 | USD 7.40B | 27.6 | 1.2% | 1.4 |
| 2021 | 2021-12-31 | USD 6.90B | 22.8 | 1.1% | 1.2 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 1.9 USD, yield 0.8%.
| Year | Dividends/share |
|---|---|
| FY2025 | 1.83 USD |
| FY2024 | 1.65 USD |
| FY2023 | 1.53 USD |
| FY2022 | 1.43 USD |
About Royal Gold Inc
Royal Gold, Inc., together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests in North America, South and Central America, Europe, the Middle East, Africa, and the Australia Pacific. It operates through Acquisition and Management of Stream Interests and Acquisition and Management of Royalty Interests segments. The company engages in the acquisition of existing stream and royalty interests;
ETFs that hold Royal Gold Inc
Royal Gold Inc is one of the ten largest holdings of 16 ETFs that investors in Europe can buy. The 8 most traded of them:
Compare every fund on the same index:
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Frequently asked questions
Is Royal Gold Inc overvalued or undervalued?
Bullrun's valuation model currently marks Royal Gold Inc as 4.8% overvalued.
What is Royal Gold Inc's market cap?
Royal Gold Inc's market capitalization is USD 20.00B.
What is Royal Gold Inc's P/E ratio?
Royal Gold Inc's price-to-earnings (P/E) ratio is 25.8.
Does Royal Gold Inc pay a dividend?
Royal Gold Inc has a dividend yield of 0.8%.
What does Royal Gold Inc do?
Royal Gold, Inc., together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests in North America, South and Central America, Europe, the Middle East, Africa, and the Australia Pacific. It operates through Acquisition and Management of Stream Interests and Acquisition and Management of Royalty Interests segments.