Royal Gold annual return on equity
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2021
2022
2023
2024
2025
Royal Gold Return on Equity (ROE) Growth & History (RGLD)
Royal Gold's return on equity was 9.08% for fiscal 2025.
View full Royal Gold company overviewRoyal Gold annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 9.08% | −1.98 pp |
| 2024 | 2024-12-31 | 11.05% | +2.55 pp |
| 2023 | 2023-12-31 | 8.51% | −0.46 pp |
| 2022 | 2022-12-31 | 8.97% | −1.82 pp |
| 2021 · Dec 31 | 2021-12-31 | 10.79% | — |
| 2021 · Jun 30 | 2021-06-30 | 12.70% | +3.66 pp |
| 2020 | 2020-06-30 | 9.04% | +4.62 pp |
| 2019 | 2019-06-30 | 4.43% | +9.60 pp |
| 2018 | 2018-06-30 | −5.17% | −9.68 pp |
| 2017 | 2017-06-30 | 4.51% | +7.88 pp |
| 2016 | 2016-06-30 | −3.37% | −5.57 pp |
| 2015 | 2015-06-30 | 2.21% | −0.49 pp |
| 2014 | 2014-06-30 | 2.70% | −0.81 pp |
| 2013 | 2013-06-30 | 3.51% | −2.45 pp |
| 2012 | 2012-06-30 | 5.96% | +0.56 pp |
| 2011 | 2011-06-30 | 5.40% | +2.68 pp |
| 2010 | 2010-06-30 | 2.72% | — |
Royal Gold quarterly return on equity
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Q2.18
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Q2.22
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Q2.23
Q3.23
Q4.23
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Q2.24
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Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 3.15% | −0.91 pp |
| Q1 2026 | 2026-03-31 | 3.86% | +0.27 pp |
| Q4 2025 | 2025-12-31 | 1.77% | −1.72 pp |
| Q3 2025 | 2025-09-30 | 3.78% | +0.57 pp |
| Q2 2025 | 2025-06-30 | 4.07% | +1.30 pp |
| Q1 2025 | 2025-03-31 | 3.59% | +1.96 pp |
| Q4 2024 | 2024-12-31 | 3.49% | +1.30 pp |
| Q3 2024 | 2024-09-30 | 3.20% | +1.46 pp |
| Q2 2024 | 2024-06-30 | 2.76% | +0.50 pp |
| Q1 2024 | 2024-03-31 | 1.63% | −0.69 pp |
| Q4 2023 | 2023-12-31 | 2.19% | +0.12 pp |
| Q3 2023 | 2023-09-30 | 1.74% | +0.04 pp |
| Q2 2023 | 2023-06-30 | 2.26% | −0.41 pp |
| Q1 2023 | 2023-03-31 | 2.31% | −0.20 pp |
| Q4 2022 | 2022-12-31 | 2.07% | −0.59 pp |
| Q3 2022 | 2022-09-30 | 1.70% | −1.09 pp |
| Q2 2022 | 2022-06-30 | 2.68% | −0.65 pp |
| Q1 2022 · Mar 31 | 2022-03-31 | 2.52% | +0.27 pp |
| Q4 2021 | 2021-12-31 | 2.66% | +0.13 pp |
| Q1 2022 · Sep 30 | 2021-09-30 | 2.79% | −1.84 pp |
| Q4 2021 | 2021-06-30 | 3.32% | +1.15 pp |
| Q3 2021 | 2021-03-31 | 2.24% | +0.51 pp |
| Q2 2021 | 2020-12-31 | 2.53% | +0.65 pp |
| Q1 2021 | 2020-09-30 | 4.63% | +1.37 pp |
| Q4 2020 | 2020-06-30 | 2.17% | +0.93 pp |
| Q3 2020 | 2020-03-31 | 1.73% | +0.37 pp |
| Q2 2020 | 2019-12-31 | 1.88% | +0.76 pp |
| Q1 2020 | 2019-09-30 | 3.26% | +2.54 pp |
| Q4 2019 | 2019-06-30 | 1.24% | −0.03 pp |
| Q3 2019 | 2019-03-31 | 1.36% | +8.43 pp |
| Q2 2019 | 2018-12-31 | 1.12% | +1.77 pp |
| Q1 2019 | 2018-09-30 | 0.71% | −0.54 pp |
| Q4 2018 | 2018-06-30 | 1.27% | +0.39 pp |
| Q3 2018 | 2018-03-31 | −7.07% | −8.12 pp |
| Q2 2018 | 2017-12-31 | −0.65% | −1.90 pp |
| Q1 2018 | 2017-09-30 | 1.25% | −0.08 pp |
| Q4 2017 | 2017-06-30 | 0.88% | −0.04 pp |
| Q3 2017 | 2017-03-31 | 1.05% | +4.04 pp |
| Q2 2017 | 2016-12-31 | 1.25% | +0.59 pp |
| Q1 2017 | 2016-09-30 | 1.33% | +3.27 pp |
| Q4 2016 | 2016-06-30 | 0.92% | +0.31 pp |
| Q3 2016 | 2016-03-31 | −2.99% | −4.06 pp |
| Q2 2016 | 2015-12-31 | 0.66% | +0.93 pp |
| Q1 2016 | 2015-09-30 | −1.94% | −2.74 pp |
| Q4 2015 | 2015-06-30 | 0.61% | −0.11 pp |
| Q3 2015 | 2015-03-31 | 1.07% | +0.20 pp |
| Q2 2015 | 2014-12-31 | −0.27% | −0.73 pp |
| Q1 2015 | 2014-09-30 | 0.80% | +0.15 pp |
| Q4 2014 | 2014-06-30 | 0.72% | +0.14 pp |
| Q3 2014 | 2014-03-31 | 0.87% | +0.58 pp |
| Q2 2014 | 2013-12-31 | 0.46% | −0.85 pp |
| Q1 2014 | 2013-09-30 | 0.65% | −0.72 pp |
| Q4 2013 | 2013-06-30 | 0.58% | −0.58 pp |
| Q3 2013 | 2013-03-31 | 0.29% | −1.35 pp |
| Q2 2013 | 2012-12-31 | 1.31% | −0.33 pp |
| Q1 2013 | 2012-09-30 | 1.37% | −0.41 pp |
| Q4 2012 | 2012-06-30 | 1.16% | −0.74 pp |
| Q3 2012 | 2012-03-31 | 1.65% | +0.28 pp |
| Q2 2012 | 2011-12-31 | 1.63% | +0.34 pp |
| Q1 2012 | 2011-09-30 | 1.78% | +0.94 pp |
| Q4 2011 | 2011-06-30 | 1.90% | — |
| Q3 2011 | 2011-03-31 | 1.36% | — |
| Q2 2011 | 2010-12-31 | 1.29% | — |
| Q1 2011 | 2010-09-30 | 0.84% | — |
Royal Gold return on equity trends
Between the periods ended 2010-06-30 and 2025-12-31, Royal Gold's return on equity increased from 2.72% to 9.08%, a change of +6.36 percentage points. The latest reported quarter, Q2 2026, shows 3.15%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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