Royal Gold Inc (RGLD)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 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 | 111,323 |
| 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 |
| Pretax margin | 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% | 26.31% |
June 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $310,622K ÷ $614,281K
= 50.57%
The pretax margin of Royal Gold Inc has exhibited fluctuating trends over the specified periods, ranging from 26.31% to 52.23%. The data indicates that the company's ability to generate profits before accounting for taxes has varied, with margins experiencing both increases and decreases over time.
The highest pretax margin of 52.23% was observed in the third quarter of fiscal year 2022, while the lowest margin of 26.31% occurred in the first quarter of fiscal year 2020. The overall trend shows some volatility in the pretax margin, with periods of stability followed by periods of fluctuation.
It is essential for stakeholders and investors to closely monitor Royal Gold Inc's pretax margin performance to assess its profitability levels and the efficiency of its operations in generating income before tax expenses. Additionally, further analysis and comparison with industry benchmarks could provide valuable insights into the company's financial health and competitive position.