Royal Gold Inc (RGLD)
Operating profit margin
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 429,898 | 376,144 | 322,860 | 292,673 | 303,203 | 296,967 | 293,179 | 289,188 | 283,709 | 297,662 | 321,855 | 325,007 | 321,797 | 337,602 | 296,211 | 277,435 | 253,376 | 198,945 | 195,093 | 186,013 |
| Revenue (ttm) | US$ in thousands | 719,395 | 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 |
| Operating profit margin | 59.76% | 56.18% | 52.56% | 50.10% | 50.06% | 48.21% | 48.15% | 47.31% | 47.03% | 48.43% | 49.42% | 50.20% | 50.01% | 51.96% | 49.23% | 46.58% | 45.18% | 39.88% | 39.45% | 39.76% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $429,898K ÷ $719,395K
= 59.76%
The operating profit margin of Royal Gold Inc has shown a positive trend over the period from December 31, 2019, to December 31, 2024. Starting at 39.76% in December 2019, the margin increased steadily, reaching 59.76% by the end of December 2024. This indicates the company's ability to efficiently generate profits from its core business activities.
There were some fluctuations in the operating profit margin during this period, with some quarters showing a slight decrease followed by an increase. The margin peaked at 56.18% in September 30, 2024, before reaching the highest point of 59.76% in December 31, 2024.
Overall, the increasing trend in the operating profit margin signifies improved operational efficiency and effective cost management by Royal Gold Inc. This sustained growth in profitability can be seen as a positive indication of the company's financial health and performance in the market.