Royal Historical Income Statement

RGLD Stock  USD 119.19  9.13  8.30%   
Historical analysis of Royal Gold income statement accounts such as Other Operating Expenses of 380.6 M, Operating Income of 342.6 M, EBIT of 357.2 M or Ebitda of 573.3 M can show how well Royal Gold performed in making a profits. Evaluating Royal Gold income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Royal Gold's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Royal Gold latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Royal Gold is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Royal Stock refer to our How to Trade Royal Stock guide.

About Royal Income Statement Analysis

Royal Gold Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Royal Gold shareholders. The income statement also shows Royal investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Royal Gold Income Statement Chart

Royal Gold Income Statement is one of the three primary financial statements used for reporting Royal's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Royal Gold revenue and expense. Royal Gold Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Royal Gold's Interest Expense is projected to decrease significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 728.4 M, whereas Selling And Marketing Expenses is forecasted to decline to 282.15.

Total Revenue

Total revenue comprises all receipts Royal Gold generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Royal Gold minus its cost of goods sold. It is profit before Royal Gold operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Royal Gold. It is also known as Royal Gold overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Royal Gold's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Royal Gold current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Royal Stock refer to our How to Trade Royal Stock guide.At present, Royal Gold's Interest Expense is projected to decrease significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 728.4 M, whereas Selling And Marketing Expenses is forecasted to decline to 282.15.
 2020 2021 2023 2024 (projected)
Gross Profit332.6M322.6M371.0M389.5M
Total Revenue615.9M603.2M693.7M728.4M

Royal Gold income statement Correlations

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0.20.03-0.10.22-0.38-0.22-0.050.170.59-0.42-0.52-0.450.060.4-0.440.64-0.61-0.560.260.250.170.02-0.5-0.290.03
0.970.030.970.950.740.930.990.960.740.740.110.730.290.9-0.6-0.05-0.070.64-0.2-0.560.38-0.770.790.820.53
0.87-0.10.970.840.840.990.990.860.580.840.220.810.390.82-0.58-0.220.130.73-0.28-0.590.3-0.660.810.850.56
0.990.220.950.840.550.780.91.00.880.54-0.060.560.170.93-0.590.18-0.310.45-0.08-0.460.43-0.810.670.70.45
0.6-0.380.740.840.550.870.810.590.21.00.710.980.340.48-0.36-0.510.390.95-0.3-0.580.15-0.470.840.780.49
0.82-0.220.930.990.780.870.970.810.490.870.280.850.40.75-0.49-0.290.190.78-0.3-0.610.29-0.630.840.870.56
0.93-0.050.990.990.90.810.970.920.660.80.180.790.330.86-0.58-0.150.040.7-0.25-0.580.33-0.730.820.850.56
0.990.170.960.861.00.590.810.920.850.58-0.020.590.160.92-0.570.14-0.270.49-0.1-0.480.43-0.820.70.730.46
0.860.590.740.580.880.20.490.660.850.18-0.350.170.20.92-0.680.52-0.60.030.16-0.220.41-0.620.260.350.29
0.59-0.420.740.840.541.00.870.80.580.180.710.990.320.46-0.34-0.520.420.96-0.3-0.570.15-0.470.850.790.48
-0.01-0.520.110.22-0.060.710.280.18-0.02-0.350.710.710.1-0.160.04-0.630.520.75-0.22-0.24-0.080.010.460.30.14
0.6-0.450.730.810.560.980.850.790.590.170.990.710.170.44-0.28-0.520.370.98-0.3-0.650.08-0.540.890.80.47
0.20.060.290.390.170.340.40.330.160.20.320.10.170.35-0.46-0.020.240.1-0.020.280.560.210.070.130.14
0.940.40.90.820.930.480.750.860.920.920.46-0.160.440.35-0.770.21-0.360.3-0.11-0.340.39-0.630.480.590.46
-0.65-0.44-0.6-0.58-0.59-0.36-0.49-0.58-0.57-0.68-0.340.04-0.28-0.46-0.77-0.080.1-0.10.260.13-0.20.31-0.22-0.21-0.1
0.10.64-0.05-0.220.18-0.51-0.29-0.150.140.52-0.52-0.63-0.52-0.020.21-0.08-0.65-0.570.750.270.36-0.03-0.39-0.34-0.18
-0.25-0.61-0.070.13-0.310.390.190.04-0.27-0.60.420.520.370.24-0.360.1-0.650.42-0.41-0.08-0.090.190.280.17-0.03
0.49-0.560.640.730.450.950.780.70.490.030.960.750.980.10.3-0.1-0.570.42-0.27-0.650.04-0.480.870.790.47
-0.140.26-0.2-0.28-0.08-0.3-0.3-0.25-0.10.16-0.3-0.22-0.3-0.02-0.110.260.75-0.41-0.270.060.120.03-0.34-0.33-0.16
-0.480.25-0.56-0.59-0.46-0.58-0.61-0.58-0.48-0.22-0.57-0.24-0.650.28-0.340.130.27-0.08-0.650.060.350.76-0.57-0.55-0.28
0.390.170.380.30.430.150.290.330.430.410.15-0.080.080.560.39-0.20.36-0.090.040.120.35-0.060.210.240.12
-0.810.02-0.77-0.66-0.81-0.47-0.63-0.73-0.82-0.62-0.470.01-0.540.21-0.630.31-0.030.19-0.480.030.76-0.06-0.66-0.59-0.23
0.69-0.50.790.810.670.840.840.820.70.260.850.460.890.070.48-0.22-0.390.280.87-0.34-0.570.21-0.660.840.37
0.71-0.290.820.850.70.780.870.850.730.350.790.30.80.130.59-0.21-0.340.170.79-0.33-0.550.24-0.590.840.8
0.450.030.530.560.450.490.560.560.460.290.480.140.470.140.46-0.1-0.18-0.030.47-0.16-0.280.12-0.230.370.8
Click cells to compare fundamentals

Royal Gold Account Relationship Matchups

Royal Gold income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization163.1M175.4M183.6M178.9M205.8M216.1M
Interest Expense29.7M9.8M6.4M17.2M19.7M20.7M
Total Revenue423.1M498.8M615.9M603.2M693.7M728.4M
Gross Profit178.4M235.7M332.6M322.6M371.0M389.5M
Other Operating Expenses282.3M298.5M312.2M315.2M362.5M380.6M
Operating Income140.7M198.9M337.6M283.7M326.3M342.6M
Ebit202.3M306.1M328.4M295.8M340.2M357.2M
Ebitda306.1M377.8M489.7M474.8M546.0M573.3M
Cost Of Revenue244.7M263.1M283.2M280.6M322.7M338.8M
Total Operating Expenses37.6M35.4M29.0M34.6M39.8M41.8M
Income Before Tax106.6M192.6M339.6M272.9M313.8M329.5M
Total Other Income Expense Net(6.8M)77K39.9M(5.8M)(5.2M)(5.5M)
Net Income93.8M199.3M302.5M239.0M274.8M288.6M
Income Tax Expense(3.7M)36.9M53.2M32.9M37.9M39.8M
Selling General Administrative30.5M30.2M28.4M34.6M39.8M41.8M
Net Income Applicable To Common Shares199.3M302.5M274.0M239.0M274.8M288.6M
Minority Interest(4.7M)(3.1M)12.6M(960K)(864K)(820.8K)
Net Income From Continuing Ops89.1M196.3M302.8M239.9M275.9M289.7M
Non Operating Income Net Other4.2M2.3M2.0M2.4M2.2M2.8M
Tax Provision17.5M(3.7M)36.9M32.9M29.6M19.5M
Interest Income2.3M2.0M2.4M7.8M7.0M8.0M
Net Interest Income(27.3M)(7.8M)(4.0M)(9.3M)(10.7M)(11.3M)
Reconciled Depreciation163.1M175.4M183.6M178.9M205.8M187.8M

Royal Gold Investors Sentiment

The influence of Royal Gold's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Royal. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Royal Gold's public news can be used to forecast risks associated with an investment in Royal. The trend in average sentiment can be used to explain how an investor holding Royal can time the market purely based on public headlines and social activities around Royal Gold. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Royal Gold's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Royal Gold's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Royal Gold's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Royal Gold.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Royal Gold in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Royal Gold's short interest history, or implied volatility extrapolated from Royal Gold options trading.

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When determining whether Royal Gold is a strong investment it is important to analyze Royal Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Royal Gold's future performance. For an informed investment choice regarding Royal Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Royal Stock refer to our How to Trade Royal Stock guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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Is Royal Gold's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Royal Gold. If investors know Royal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Royal Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.142
Dividend Share
0.6
Earnings Share
3.63
Revenue Per Share
9.842
Quarterly Revenue Growth
0.059
The market value of Royal Gold is measured differently than its book value, which is the value of Royal that is recorded on the company's balance sheet. Investors also form their own opinion of Royal Gold's value that differs from its market value or its book value, called intrinsic value, which is Royal Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Royal Gold's market value can be influenced by many factors that don't directly affect Royal Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Royal Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Royal Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Royal Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.