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RGLD (Royal Gold) Gross Margin % : 64.67% (As of Jun. 2024)


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What is Royal Gold Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Royal Gold's Gross Profit for the three months ended in Jun. 2024 was $112.6 Mil. Royal Gold's Revenue for the three months ended in Jun. 2024 was $174.1 Mil. Therefore, Royal Gold's Gross Margin % for the quarter that ended in Jun. 2024 was 64.67%.


The historical rank and industry rank for Royal Gold's Gross Margin % or its related term are showing as below:

RGLD' s Gross Margin % Range Over the Past 10 Years
Min: 39.95   Med: 49.82   Max: 59.33
Current: 59.33


During the past 13 years, the highest Gross Margin % of Royal Gold was 59.33%. The lowest was 39.95%. And the median was 49.82%.

RGLD's Gross Margin % is ranked better than
88.07% of 696 companies
in the Metals & Mining industry
Industry Median: 20.275 vs RGLD: 59.33

Royal Gold had a gross margin of 64.67% for the quarter that ended in Jun. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Royal Gold was 5.70% per year.


Royal Gold Gross Margin % Historical Data

The historical data trend for Royal Gold's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Royal Gold Gross Margin % Chart

Royal Gold Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.16 47.25 54.01 53.48 56.62

Royal Gold Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 56.23 54.46 58.58 58.39 64.67

Competitive Comparison of Royal Gold's Gross Margin %

For the Gold subindustry, Royal Gold's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Royal Gold's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Royal Gold's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Royal Gold's Gross Margin % falls into.



Royal Gold Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Royal Gold's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=343 / 605.717
=(Revenue - Cost of Goods Sold) / Revenue
=(605.717 - 262.754) / 605.717
=56.62 %

Royal Gold's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=112.6 / 174.096
=(Revenue - Cost of Goods Sold) / Revenue
=(174.096 - 61.502) / 174.096
=64.67 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Royal Gold  (NAS:RGLD) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Royal Gold had a gross margin of 64.67% for the quarter that ended in Jun. 2024 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Royal Gold Gross Margin % Related Terms

Thank you for viewing the detailed overview of Royal Gold's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Royal Gold Business Description

Traded in Other Exchanges
Address
1144 15th Street, Suite 2500, Denver, CO, USA, 80202
Royal Gold Inc enquires and manages precious metal royalties and streams, with a focus on gold. The company operates by purchasing a percentage of the metal produced from a mineral property for an initial payment, without assuming responsibility of mining operations. Similarly, precious metal streams are purchase agreements with mine operators providing the right to purchase all or a portion of one or more metals produced from a mine, in exchange for an upfront deposit payment. Generally Royal Gold does not conduct any work on the properties in which it holds royalty and streaming assets. The company owns a portfolio of producing, development, evaluation, and exploration royalties and streams, and the majority of group revenue is generated from Canada, Mexico, Chile, and the United States.
Executives
Paul Libner officer: VP & General Counsel 845 BRAESHEATHER PL, HIGHLANDS RANCH CO 80216
Daniel Breeze officer: VP Corp Dev of RGLD Gold AG KIRCHBODENSTRASSE 16, Z, THALWIL V8 8800
Randy Shefman officer: VP & General Counsel 921 SOUTH HIGH STREET, DENVER CO 80209
Ronald J Vance director C/O ROYAL GOLD, 1144 15TH STREET, SUITE 2500, DENVER CO 80202
Martin Raffield officer: Vice President, Operations P.O. BOX 1649, POLSON MT 59860
Mark Isto officer: Vice President Operations 1144 15TH STREET, SUITE 2500, DENVER CO 80202
William M. Hayes director 1144 15TH STREET, SUITE 2500, DENVER CO 80202
Laura Gill officer: VP, Corp. Sec. & CCO 10499 EAST ABERDEEN AVE, ENGLEWOOD CO 80111
Fabiana Chubbs director 1144 15TH STREET, SUITE 2500, DENVER CO 80202
Margaret Mccandless officer: Asst. GC, Corp Secretary & CCO C/O ROYAL GOLD, 1144 15TH STREET, SUITE 2500, DENVER CO 80202
Tony A Jensen director, officer: President and CEO 620 E HEARTSTRONG STREET, SUPERIOR CO 80027
Bruce Christopher Kirchhoff officer: VP and General Counsel 1660 WYNKOOP, #1000, DENVER CO 80202
Sybil E Veenman director C/O ROYAL GOLD, INC., 1144 15TH STREET, SUITE 2500, DENVER CO 80202
Jamie C Sokalsky director C/O ROYAL GOLD, 1144 15TH STREET, SUITE 2500, DENVER CO 80202
William Holmes Heissenbuttel officer: VP Corporate Development 1144 15TH STREET, SUITE 2500, DENVER CO 80202