Royal Gold Full Year 2024 Earnings: Beats Expectations

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editorial-team@simplywallst.com (Simply Wall St)

Fri, Feb 14, 2025, 3:14 AM 1 min read

Royal Gold (NASDAQ:RGLD) Full Year 2024 Results

Key Financial Results

Revenue: US$712.8m (up 19% from FY 2023).
Net income: US$332.0m (up 39% from FY 2023).
Profit margin: 47% (up from 40% in FY 2023). The increase in margin was driven by higher revenue.
EPS: US$5.06 (up from US$3.65 in FY 2023).

revenue-and-expenses-breakdown — NasdaqGS:RGLD Revenue and Expenses Breakdown February 14th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Royal Gold Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 1.8%.

The primary driver behind last 12 months revenue was the Stream segment contributing a total revenue of US$483.3m (68% of total revenue). The largest operating expense was Depreciation & Amortisation (D&A) costs, amounting to US$144.4m (51% of total expenses). Explore how RGLD's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Metals and Mining industry in the US.

Performance of the American Metals and Mining industry.

The company's shares are up 5.9% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Royal Gold's balance sheet.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.