Royal Gold Inc (RGLD)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 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 | 164,155 |
| 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 |
| Operating profit margin | 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% | 37.15% |
September 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $376,144K ÷ $669,501K
= 56.18%
The operating profit margin of Royal Gold Inc has shown a generally positive trend over the past few quarters. The margin has been consistently above 40% in recent periods, indicating strong operational efficiency and profitability. In the latest quarter, ending on September 30, 2024, the operating profit margin improved to 56.18%, reaching its highest level in the provided dataset. This suggests that the company has been effectively managing its operating expenses relative to its revenue generation.
The trend of increasing operating profit margins since 2020 reflects potential cost-control measures and revenue-generating strategies implemented by Royal Gold Inc. Investors and stakeholders may view this trend positively as it indicates improved profitability for the company. Overall, the operating profit margin performance of Royal Gold Inc showcases a healthy operational efficiency and financial strength.