Royal Gold Inc (RGLD)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 287,395 | 240,490 | 222,731 | 239,440 | 233,034 | 229,489 | 237,180 | 238,980 | 252,783 | 288,668 | 271,554 | 265,768 | 302,531 | 269,869 | 254,397 | 235,829 | 199,343 | 176,787 | 167,005 | 149,270 |
| Total stockholders’ equity | US$ in thousands | 3,038,640 | 2,968,870 | 2,911,050 | 2,888,220 | 2,849,390 | 2,823,560 | 2,782,560 | 2,741,090 | 2,707,580 | 2,684,230 | 2,633,690 | 2,541,850 | 2,490,770 | 2,427,320 | 2,391,640 | 2,350,060 | 2,272,220 | 2,240,240 | 2,216,310 | 2,190,330 |
| 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% |
September 30, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $287,395K ÷ $3,038,640K
= 9.46%
The Return on Equity (ROE) of Royal Gold Inc has fluctuated over the past few quarters, ranging from 6.81% to 12.15%. In general, ROE is a measure of a company's profitability that indicates how well it is utilizing shareholders' equity to generate profits.
The trend in Royal Gold Inc's ROE shows some variation, with periods of both increases and decreases. Despite some fluctuations, the ROE has generally remained in the single-digit to low double-digit range.
It is important to note that a higher ROE indicates better profitability and efficiency in generating returns for shareholders. Therefore, Royal Gold Inc's recent ROE figures suggest a moderate level of profitability and efficiency in utilizing shareholders' equity.
Further analysis and comparison with industry peers or historical performance may provide additional insights into the company's financial health and performance.