Royal Gold Earnings Reports

Royal Gold delivered a record-breaking Q4 2024 with strong revenue growth, higher net income, and an improved operating margin. The company benefited from increased gold, silver, and copper prices, as well as strong production contributions from key assets.

Royal Gold reported a record revenue of $193.8 million and net income of $96.2 million, or $1.46 per share, for the quarter ended September 30, 2024. The company also saw new revenue contributions from the Manh Choh and Côté Gold mines and completely repaid its outstanding borrowings on its credit facility.

Royal Gold reported a strong second quarter with net income of $81.2 million, or $1.23 per share, on revenue of $174.1 million. The company's portfolio performed well, benefiting from record high quarterly gold prices. Royal Gold repaid $100 million of debt during the quarter and acquired additional royalty interests at the Back River Gold District for $51 million.

Royal Gold reported a net income of $47.2 million, or $0.72 per share, on revenue of $148.9 million for the quarter ended March 31, 2024. The company benefited from record gold prices and solid operating cash flow, enabling them to repay $175 million of debt and rebuild available liquidity to approximately $1 billion.

Royal Gold reported a solid fourth quarter with a net income of $62.8 million, or $0.95 per share, on revenue of $152.7 million. The company focused on repaying debt, building liquidity, and increasing shareholder returns, raising its dividend for the 23rd consecutive year.

Royal Gold reported a net income of $49.3 million, or $0.75 per share, on revenue of $138.6 million for the quarter ended September 30, 2023. The company's adjusted net income was $49.7 million, or $0.76 per share. Revenue increased by 5% year-over-year, driven by higher gold production at the Cortez Legacy Zone, new Cortez royalties, and higher gold, silver, and copper prices.

Royal Gold reported a net income of $63.4 million, or $0.97 per share, on revenue of $144.0 million. The company repaid $100 million of its revolving credit facility and grew its liquidity to over $700 million. They also extended the term of their $1 billion revolving credit facility to mid-2028.

Royal Gold reported a net income of $63.9 million, or $0.97 per share, for the quarter ended March 31, 2023, on revenue of $170.4 million and operating cash flow of $108.7 million. The company repaid $75 million of its outstanding revolving credit facility balance, enhancing its strong liquidity position.

Royal Gold reported a net income of $56.4 million, or $0.86 per share, on revenue of $163.0 million for Q4 2022. The company's adjusted net income was $59.7 million, or $0.91 per share.

Royal Gold reported a net income of $45.8 million, or $0.70 per share, for Q3 2022, with revenue reaching $131.4 million and operating cash flow at $95.0 million. The company repaid $50 million of debt and completed the acquisition of royalties on the Cortez Complex and Great Bear Project.

Royal Gold reported a solid financial performance in Q2 2022, with revenue of $146.4 million, operating cash flow of $120.2 million, and net income of $71.1 million ($1.08 per share). The company remained debt-free with a strong balance sheet and total liquidity of approximately $1.3 billion. Recent acquisitions, including the Great Bear royalty and the Cortez Complex royalty, are expected to further strengthen and diversify the portfolio.

Royal Gold reported a net income of $65.7 million, or $1.00 per share, for the first quarter of 2022, on revenue of $162.4 million and operating cash flow of $101.1 million. The company's portfolio performed well, with positive developments at some of its larger portfolio assets.

Royal Gold reported a net income of $68.2 million, or $1.04 per share, on revenue of $168.5 million for the quarter ended December 31, 2021. The company ended the period debt-free with cash of $143.6 million and available liquidity of $1.2 billion.

Royal Gold reported a strong fourth quarter with increased revenue of $120.0 million and net income of $49.0 million. The company benefited from higher average gold and silver prices and increased royalty revenue from Peñasquito and Cortez.

Royal Gold reported a net income of $38.6 million, or $0.59 per share, on revenue of $136.4 million for the fiscal third quarter ended March 31, 2020. Adjusted net income was $44.3 million, or $0.68 per share.

Royal Gold reported a solid operating quarter with a 26.7% increase in revenue to $123.6 million and net income of $41.3 million, or $0.63 per share. The company strengthened its balance sheet by repaying $35.0 million on its revolving credit facility and raised its calendar year dividend. Positive developments were seen at the Khoemacau project, Mount Milligan, and Rainy River.