Royal Gold Inc (RGLD)
Return on equity (ROE)
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 332,024 | 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 |
| Total stockholders’ equity | US$ in thousands | 3,118,960 | 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 |
| ROE | 10.65% | 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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $332,024K ÷ $3,118,960K
= 10.65%
The return on equity (ROE) for Royal Gold Inc has shown fluctuation over the period from December 31, 2019, to December 31, 2024. The ROE started at 7.54% in December 2019, gradually increased to 12.15% by June 30, 2021, before experiencing a slight decline.
From a peak of 12.15%, the ROE decreased to 7.65% by March 31, 2024, but rebounded to 10.65% by December 31, 2024. The ROE demonstrates the firm's ability to generate profit from shareholders' equity, with higher percentages indicating greater efficiency in utilizing equity to generate earnings.
Overall, Royal Gold Inc's ROE has depicted mixed performance trends, with periods of both growth and contraction in profitability relative to shareholders' equity. Analysis of the underlying factors influencing ROE fluctuations can provide further insight into the firm's overall financial health and performance.