Royal Gold Inc (RGLD)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 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 | 140,707 |
| 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 |
| Operating profit margin | 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% | 33.26% |
June 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $322,860K ÷ $614,281K
= 52.56%
Royal Gold Inc has shown a relatively consistent trend in its operating profit margin over the past several quarters. The operating profit margin has generally been strong, ranging from a low of 33.26% in the third quarter of 2019 to a high of 52.56% in the most recent quarter ending June 30, 2024.
The company's operating profit margin peaked in recent quarters, signalling effective cost management and profitability. However, fluctuations in the operating profit margin can be observed quarter to quarter, with slight variations in profitability levels.
Overall, the operating profit margin of Royal Gold Inc reflects a healthy and stable financial performance, showcasing the company's ability to generate profits from its core operations. Investors and stakeholders may view the consistent profitability positively as an indication of the company's operational efficiency and potential for sustainable growth.