Royal Gold Inc (RGLD)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 471,174 | 343,394 | 323,101 | 333,002 | 236,058 |
| Revenue | US$ in thousands | 719,395 | 605,717 | 603,206 | 648,614 | 498,819 |
| Gross profit margin | 65.50% | 56.69% | 53.56% | 51.34% | 47.32% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $471,174K ÷ $719,395K
= 65.50%
Royal Gold Inc has shown a positive trend in its gross profit margin over the years, indicating an improving efficiency in generating profits from its production or mining activities. The gross profit margin has increased steadily from 47.32% as of June 30, 2020, to 65.50% by December 31, 2024. This upward trajectory suggests that the company has been able to effectively control its production costs and/or command higher prices for its products, leading to a stronger margin of profitability. Overall, the consistent growth in gross profit margin reflects positively on Royal Gold Inc's operational performance and financial health.