Royal Gold Inc (RGLD)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 62.47% | 59.39% | 57.04% | 56.69% | 55.28% | 54.92% | 54.09% | 53.56% | 53.86% | 54.49% | 54.93% | 54.43% | 51.25% | 48.66% | 46.55% | 45.39% | 47.32% | 46.86% | 46.94% | 44.76% |
| 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% |
| 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% |
| Net profit margin | 42.93% | 39.15% | 38.12% | 39.53% | 37.83% | 37.69% | 38.80% | 39.62% | 41.13% | 44.32% | 41.95% | 41.31% | 46.56% | 44.85% | 42.72% | 42.05% | 39.96% | 35.75% | 35.69% | 33.78% |
Royal Gold Inc's profitability ratios have shown a positive trend over the periods analyzed. The gross profit margin has consistently improved, indicating the company's ability to generate profits after accounting for its direct production costs. Operating profit margin and pretax margin also exhibit steady growth, demonstrating efficient cost management and indicating a strong operational performance.
Furthermore, the net profit margin, which reflects the company's overall profitability after all expenses are taken into account, has also shown improvement over time. This metric suggests that Royal Gold Inc has been able to effectively control its expenses while increasing its revenue, resulting in higher profitability.
Overall, the consistent growth in profitability ratios reflects Royal Gold Inc's ability to effectively manage costs, increase revenues, and generate higher profits over the periods analyzed. This trend bodes well for the company's financial health and sustainability in the long term.
Return on investment
| 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 return on assets (Operating ROA) | 11.39% | 9.88% | 8.83% | 9.02% | 8.74% | 8.52% | 8.28% | 8.03% | 8.81% | 11.28% | 11.65% | 11.47% | 12.73% | 10.76% | 10.04% | 9.06% | 7.19% | 7.65% | 7.28% | 6.44% |
| Return on assets (ROA) | 8.70% | 7.36% | 6.72% | 7.12% | 6.86% | 6.67% | 6.79% | 6.76% | 7.49% | 10.12% | 9.73% | 9.47% | 11.41% | 9.80% | 9.20% | 8.43% | 7.21% | 6.93% | 6.54% | 5.86% |
| Return on total capital | 12.38% | 10.87% | 9.57% | 9.67% | 9.37% | 9.11% | 8.82% | 8.56% | 9.44% | 11.99% | 12.34% | 12.20% | 13.55% | 11.51% | 10.72% | 9.67% | 7.73% | 8.34% | 7.73% | 6.36% |
| Return on equity (ROE) | 9.46% | 8.10% | 7.65% | 8.29% | 8.18% | 8.13% | 8.52% | 8.72% | 9.34% | 10.75% | 10.31% | 10.46% | 12.15% | 11.12% | 10.64% | 10.04% | 8.77% | 7.89% | 7.54% | 6.81% |
Based on the profitability ratios of Royal Gold Inc over the past few quarters, we can observe the following trends:
1. Operating Return on Assets (Operating ROA):
- The Operating ROA has generally been trending upwards, indicating the efficiency of the company in generating profits from its assets. There was a slight dip in the most recent quarter from 11.39% to 9.88%, but the overall trend remains positive.
2. Return on Assets (ROA):
- Similar to Operating ROA, ROA has shown an increasing trend over the quarters, with some fluctuations. The company's ability to generate profit from its total assets has improved consistently.
3. Return on Total Capital:
- The Return on Total Capital has also been increasing, demonstrating the company's ability to generate returns from both debt and equity capital. This indicates effective utilization of all forms of capital to drive profitability.
4. Return on Equity (ROE):
- ROE has been relatively stable, remaining above 8% in most quarters. It signifies the company's ability to generate profits for its shareholders from the equity invested in the business.
Overall, Royal Gold Inc has shown positive trends in its profitability ratios, reflecting efficient asset utilization and effective management of capital to drive returns for both the company and its shareholders.