Royal Gold Inc (RGLD)
Net profit margin
| Sep 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 287,395 | 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 |
| Revenue (ttm) | US$ in thousands | 669,501 | 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 |
| Net profit margin | 42.93% | 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% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $287,395K ÷ $669,501K
= 42.93%
The net profit margin of Royal Gold Inc has shown a fluctuating trend over the past several quarters. It ranged from 33.78% at the end of September 2019 to a peak of 46.56% at the end of March 2021. Recently, the net profit margin has been relatively stable, with values ranging between 38% and 43%.
This indicator signifies the company's ability to convert revenue into profit after all expenses have been deducted. A higher net profit margin indicates better profitability as a percentage of revenue. Royal Gold Inc's relatively high net profit margins in recent quarters demonstrate strong operational efficiency and effective cost management. However, the fluctuating nature of the ratio suggests that the company may face varying cost structures and revenue streams in its business operations.
Overall, the net profit margin of Royal Gold Inc indicates solid financial performance with consistent profitability levels in the most recent quarters, despite some fluctuations in the earlier periods.