The Tip Desk

ROYAL GOLD INC

Company Stats

Market Cap
$20.0B
as of Sep 30, 2026
Enterprise Value
$20.7B
Shares Outstanding
84.5M
Free Float
93.2%

Income Statement

Revenue
$1.0B
Operating Income
$638.2M
Net Income
$466.3M
EBITDA
$815.2M
Revenue Growth, 3Y
19.5%

Balance Sheet

Cash & Equivalents
$233.7M
Total Debt
$900.0M
Net Debt
$666.3M
Net Debt / EBITDA
0.82x
EV / EBITDA
25.34x
Net Debt / EBIT
1.04x

Returns & Capital

Dividends Paid
$118.5M
Dividend Yield
0.6%
Dividend Payout, 3Y Avg
32.8%
SBC, 3Y Avg
$11.1M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$1.0B——
FY2024$719.4M——
FY2023$605.7M——
FY2022$603.2M——
FY2021$653.6M——

Annual filing data through FY ended December 31, 2025; shares and float as of November 7, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage