Royal Gold
At a glance
Royal Gold reported 2025 revenue of $1.03B, up 43.2% from $719.4M in 2024. Over 4 years since 2021 ($653.6M), that is growth of about 12.1% a year. Operating margin was 61.9%, up from 50.2% in 2021. 2025 was the highest revenue year in this period.
In the last 12 months 7 insiders reported 0 open-market purchases and 12 sales ($6.4M). 3 of the sales were made under pre-arranged 10b5-1 plans. The largest was a sale of $1.9M by President & CEO William Holmes Heissenbuttel on Sep 8, 2026.
Royal Gold filed 9 current reports (Form 8-K) in the last 12 months, most often for results of operations (7), shareholder vote results (1) and regulation fd disclosure (1).
1 of the 20 investors tracked here held Royal Gold at the last quarter end, worth $46.5M combined. It is the largest weight for Renaissance Technologies (0.1% of its portfolio). Added: Renaissance Technologies.
Annual results
| Year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net income | $274M | $239M | $239.4M | $332M | $466.3M |
| Diluted EPS | $4.17 | $3.63 | $3.63 | $5.04 | $6.69 |
| Dividend per share | $1.25 | $1.43 | $1.52 | $1.65 | $1.82 |
Fiscal year ends Dec 31 · incorporated in DE
Tracked investors holding (13F)
Weight is the share of each investor's portfolio, as of the quarter end.
Current reports (8-K, last 12 months)
Insider open-market trades (last 12 months)
Source: SEC EDGAR. How figures are combined