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Dec 31, 2021

Royal Gold Q4 2021 Earnings Report

Royal Gold reported strong financials driven by solid portfolio contributions.

Key Takeaways

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.

Revenue of $168.5 million, up 6% over the prior year quarter

Operating cash flow of $118.9 million, up 19% over the prior year quarter

Earnings of $68.2 million, up 14% over the prior year quarter

Increased dividend for the 21st consecutive year to $1.40 per share, a 17% increase over the prior year

Total Revenue
$169M
Previous year: $120M
+40.5%
EPS
$1.05
Previous year: $0.53
+98.1%
Gross Profit
$0
Previous year: $52.9M
-100.0%
Cash and Equivalents
$144M
Previous year: $319M
-55.0%
Total Assets
$2.76B
Previous year: $2.77B
-0.3%

Royal Gold

Royal Gold

Royal Gold Revenue by Segment

Forward Guidance

Royal Gold expects to issue guidance for 2022 GEO sales, deprecitation, depletion and amortization expense, and effective tax rate during the second quarter of 2022.