Royal Gold (RGLD) Margins & Profitability 2019-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 67.1%
EBITDA Margin: 82.7%
Op. Margin: 63.3%
Net Margin: 59.9%

Op. margin of 63.3% is down 0.3% YoY — costs are rising relative to revenue. Net margin at 59.9% and gross margin of 67.1% — earnings take a bigger bite when COGS stays lean..

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit