Royal Gold Inc (RGLD)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 368,285 | 310,622 | 275,901 | 281,448 | 274,265 | 270,922 | 270,673 | 271,906 | 289,158 | 319,625 | 326,101 | 321,042 | 339,400 | 301,248 | 276,799 | 253,324 | 195,690 | 179,231 | 170,135 | 139,128 |
| 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 |
| Pretax margin | 55.01% | 50.57% | 47.22% | 46.47% | 44.52% | 44.50% | 44.28% | 45.08% | 47.04% | 49.08% | 50.37% | 49.90% | 52.23% | 50.07% | 46.48% | 45.17% | 39.23% | 36.24% | 36.36% | 31.49% |
September 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $368,285K ÷ $669,501K
= 55.01%
The pretax margin for Royal Gold Inc has shown a generally positive trend over the past few quarters, indicating the company's ability to generate profits before taxes relative to its total revenue. There was a significant increase in pretax margin from the third quarter of 2019 to the third quarter of 2020. Despite some fluctuations in the following quarters, the pretax margin has continued to improve, reaching a peak of 55.01% in the most recent quarter. This upward trend suggests that Royal Gold Inc has been effectively managing its expenses and optimizing its operations to enhance profitability. It is essential for investors and stakeholders to monitor this metric to assess the company's financial health and profitability over time.