Royal Gold Inc (RGLD)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 239,440 | 238,982 | 302,532 | 199,343 | 93,825 |
| Revenue | US$ in thousands | 605,717 | 603,206 | 648,614 | 498,819 | 423,056 |
| Net profit margin | 39.53% | 39.62% | 46.64% | 39.96% | 22.18% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $239,440K ÷ $605,717K
= 39.53%
The net profit margin of Royal Gold, Inc. has shown stability and positive performance over the past five years, ranging from 22.18% in June 2019 to 49.12% in June 2021. The company's ability to generate profit relative to its revenue has been consistently strong, with the margin fluctuating within a relatively narrow range. The slight fluctuations in the net profit margin suggest efficient cost management and effective revenue generation strategies. Overall, the company has maintained a healthy level of profitability over the years, reflecting its sound financial performance.