Royal Gold Inc (RGLD)

Net profit margin

Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019
Net income (ttm) US$ in thousands 240,490 222,731 239,440 233,034 229,489 237,180 238,980 252,783 288,668 271,554 265,768 302,531 269,869 254,397 235,829 199,343 176,787 167,005 149,270 93,825
Revenue (ttm) US$ in thousands 614,281 584,227 605,717 616,031 608,843 611,242 603,205 614,656 651,254 647,402 643,407 649,762 601,700 595,548 560,831 498,819 494,548 467,889 441,838 423,056
Net profit margin 39.15% 38.12% 39.53% 37.83% 37.69% 38.80% 39.62% 41.13% 44.32% 41.95% 41.31% 46.56% 44.85% 42.72% 42.05% 39.96% 35.75% 35.69% 33.78% 22.18%

June 30, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $240,490K ÷ $614,281K
= 39.15%

The net profit margin of Royal Gold Inc has shown variations over the past few quarters, ranging from 22.18% in the fourth quarter of 2019 to a peak of 44.32% in the second quarter of 2022. It is important to note that the company's net profit margin has generally been on an upward trend since the fourth quarter of 2019, with occasional fluctuations.

The net profit margin indicates the percentage of revenue that translates into profit after all expenses have been deducted. A higher net profit margin suggests that the company is effectively managing its costs and generating more profit from its revenue. Royal Gold Inc's net profit margin has generally been strong, with figures consistently above 30% in recent quarters.

The fluctuations in net profit margin could be influenced by various factors such as changes in commodity prices, production costs, and exchange rates. Investors and stakeholders may closely monitor the company's net profit margin as it reflects the efficiency of the company's operations and its ability to generate profits. Royal Gold Inc's improving trend in net profit margin signals positive performance in managing costs and maximizing profitability.