Royal Gold Inc (RGLD)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 303,202 | 283,709 | 337,602 | 198,945 | 140,707 |
| Revenue | US$ in thousands | 605,717 | 603,206 | 648,614 | 498,819 | 423,056 |
| Operating profit margin | 50.06% | 47.03% | 52.05% | 39.88% | 33.26% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $303,202K ÷ $605,717K
= 50.06%
The operating profit margin of Royal Gold, Inc. has displayed a generally increasing trend over the past five years, demonstrating consistent improvement in the company's operating efficiency and profitability. The margin increased from 33.26% in June 2019 to 50.06% in December 2023, indicating an enhancement in the company's ability to generate profits from its core operations. The upward trajectory suggests effective cost management and revenue generation strategies implemented by the company. Overall, Royal Gold, Inc. has exhibited strong operational performance and financial health based on its operating profit margin analysis.