RGLD Royal Gold, Inc. - Common Stock
NASDAQ · Metals & Mining · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q Aug 6, 2026
$234.64
· of 52w range
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· to high
$168.8852w low
$306.2552w high
Market Cap (MRQ)
$19.87B
P/E (TTM)
26.0
EPS (TTM)
$9.04
Revenue (TTM)
$1.55B
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52W Range
$169–$306
Analyst Rating
BUY
Price Target
$310
P/E
26.0
ROE
13.5%
Net Profit Margin
47.7%
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RGLD Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$234.64
Market Cap (MRQ)
$19.87B
P/E (TTM)
26.0
EPS (TTM)
$9.04
Revenue (TTM)
$1.55B
Div Yield
0.60%
ROE (TTM)
13.5%
Debt/Equity (MRQ)
0.1
52W Range
$169–$306
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About Royal Gold, Inc. - Common Stock Company overview from Wikipedia
Royal Gold is a precious metal streaming management company. The company, headquartered in Denver, Colorado, was founded in 1981 by H. Stanley Dempsey.
History
In the 1980s, the company was named Royal Resources, Inc., and was an oil-exploration company. In 1986, H. Stanley Dempsey, a board member of the public company, transformed the company into a gold mining company and renamed the company Royal Gold, Inc. Dempsey served as Royal Gold's chief executive officer through 2006, as its executive chairman through 2008, and its non-executive chairman through 2014. Dempsey was inducted into the National Mining Hall of Fame in 2016.
2010 was the year the company experienced the most growth with over a billion of the $1.86 billion in assets it has (September 2010) added during the year.
February 2010 completed the acquisition of another royalty company, IRC which has claims in Chile (Pascua Lama) and Canada (Voisey's Bay). International Royalty Company was quick to accept the $702 million deal from Royal Gold after Franco-Nevada attempted a hostile $640 million takeover.
By the end of the 2020 fiscal year, the company owns interests on 41 producing mines (June 30, 2020).
Acquisitions
In 2007, the company purchased an interest in the Penasquito mine which did not begin producing until 2010.
In July 2022, Royal Gold acquired Great Bear Royalties for $153 million.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
sectorMaterials
industryMetals & Mining
employees39
countryUS
10-Year Performance Revenue, net income, margins and EPS trends
Revenue$1.03B2017-06-30 → 2025-12-31
EPS$6.692017-06-30 → 2025-12-31
Net margin47.7%2019-06-30 → 2025-12-31
Valuation & Ratios
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | RGLD | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E (TTM) | 26.05Y avg ≈30.9 | ≈30.9 | 16.5 | Overvalued | |
| P/S (TTM) | 12.85Y avg ≈14.2 | ≈14.2 | 5.3 | Overvalued | |
| P/B (MRQ) | 2.65Y avg ≈2.7 | ≈2.7 | 2.2 | Fair value | |
| EV / EBITDA | 25.15Y avg ≈18.5 | ≈18.5 | · | · | |
| Price / Cash Flow | 28.15Y avg ≈20.2 | ≈20.2 | 11.7 | Overvalued | |
| EV / Revenue | 19.95Y avg ≈14.5 | ≈14.5 | · | · | |
| Price / Tangible Book | 2.85Y avg ≈2.7 | ≈2.7 | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | RGLD | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Gross Margin (TTM) | 66.8%5Y avg ≈62.8% | ≈62.8% | · | · | |
| Operating Margin (TTM) | 61.4%5Y avg ≈56.2% | ≈56.2% | · | · | |
| EBITDA Margin (TTM) | 80.8%5Y avg ≈78.5% | ≈78.5% | 43.4% | Top tier | |
| Pretax Margin (TTM) | 58.8%5Y avg ≈53.4% | ≈53.4% | 41.8% | Top tier | |
| Net Profit Margin (TTM) | 47.7%5Y avg ≈43.7% | ≈43.7% | 21.9% | Top tier | |
| ROA (TTM) | 11.3%5Y avg ≈8.2% | ≈8.2% | 7.2% | In line | |
| ROE (TTM) | 13.5%5Y avg ≈9.7% | ≈9.7% | 12.0% | Weak | |
| ROIC | 6.5%5Y avg ≈8.3% | ≈8.3% | 8.6% | Weak |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | RGLD | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Debt / Equity (MRQ) | 0.15Y avg ≈0.1 | ≈0.1 | 0.0 | High debt | |
| Current Ratio (MRQ) | 2.95Y avg ≈3.1 | ≈3.1 | 2.9 | In line | |
| Quick Ratio | 1.95Y avg ≈2.0 | ≈2.0 | 2.1 | Low liquidity | |
| Long-Term Debt / Equity (MRQ) | 0.15Y avg ≈0.1 | ≈0.1 | 0.0 | High debt |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | RGLD | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue YoY | 43.2%5Y avg ≈13.7% | ≈13.7% | · | · | |
| Revenue CAGR 3Y | 19.5% | · | · | · | |
| EPS YoY | 32.7%5Y avg ≈14.7% | ≈14.7% | · | · | |
| Net Income YoY | 40.4%5Y avg ≈16.6% | ≈16.6% | · | · | |
| EPS CAGR 3Y | 22.6% | · | · | · | |
| Net Income CAGR 3Y | 25.0% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | RGLD | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 0.25Y avg ≈0.2 | ≈0.2 | 0.3 | Weak | |
| Revenue / Employee | ≈$26.4M | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Dividends Yield, payout ratio, dividend history, 5Y CAGR
Dividend Yield0.60%
Payout Ratio25.4%
Annualized Payout≈$1.90
5Y Div CAGR≈10.0%
Growth Streak≈22
| Ex-date | Amount | Currency | Yield |
|---|---|---|---|
| Jul 2, 2026 | $0.48 | USD | ≈0.92% |
| Apr 2, 2026 | $0.48 | USD | ≈0.70% |
| Jan 2, 2026 | $0.48 | USD | ≈0.83% |
| Oct 3, 2025 | $0.45 | USD | ≈0.90% |
| Jul 3, 2025 | $0.45 | USD | ≈0.97% |
| Apr 4, 2025 | $0.45 | USD | ≈1.1% |
| Jan 3, 2025 | $0.45 | USD | ≈1.2% |
| Oct 4, 2024 | $0.40 | USD | ≈1.2% |
| Jul 5, 2024 | $0.40 | USD | ≈1.2% |
| Apr 4, 2024 | $0.40 | USD | ≈1.3% |
| Jan 4, 2024 | $0.40 | USD | ≈1.3% |
| Oct 5, 2023 | $0.38 | USD | ≈1.4% |
| Jul 6, 2023 | $0.38 | USD | ≈1.3% |
| Apr 5, 2023 | $0.38 | USD | ≈1.1% |
| Jan 5, 2023 | $0.38 | USD | ≈1.2% |
| Oct 6, 2022 | $0.35 | USD | ≈1.4% |
| Jun 30, 2022 | $0.35 | USD | ≈1.3% |
| Mar 31, 2022 | $0.35 | USD | ≈0.92% |
| Jan 6, 2022 | $0.35 | USD | ≈1.3% |
| Sep 30, 2021 | $0.30 | USD | ≈1.3% |
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
-0.98%
Next Report
Nov 03, 2026
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | Aug 4, 2026 | $2.56 | $2.75 | -6.9% |
| March 31, 2026 | $2.72 | $2.99 | -9.1% | |
| Dec. 31, 2025 | $1.92 | $2.54 | -24.3% | |
| Sept. 30, 2025 | $2.06 | $1.70 | 21.5% | |
| June 30, 2025 | $1.81 | $1.72 | 5.0% | |
| March 31, 2025 | $1.51 | $1.40 | 7.9% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.03B | $719M | $606M | $603M | $654M | $499M | $423M | $459M | $441M | $289M | $245M | |
| Gross Profit | $714M | $471M | $343M | $323M | · | $236M | $179M | $209M | $192M | $289M | $245M | |
| SG&A Expense | $49M | $41M | $40M | $35M | $29M | $30M | $30M | $35M | $33M | $32M | $25M | |
| Operating Expenses | $392M | $289M | $303M | $319M | $325M | $300M | $282M | $534M | $295M | $355M | $191M | |
| Operating Income | $638M | $430M | $303M | $284M | $328M | $199M | $141M | $-75M | $146M | $5M | $87M | |
| Pretax Income | $574M | $426M | $282M | $273M | $328M | $193M | $107M | $-105M | $119M | $-22M | $62M | |
| Income Tax | $102M | $94M | $42M | $33M | $53M | $-4M | $17M | $15M | $26M | $61M | $10M | |
| Net Income | $466M | $332M | $239M | $239M | $274M | $199M | $94M | $-113M | $102M | $-77M | $52M | |
| EPS (Basic) | $6.70 | $5.04 | $3.64 | $3.64 | $4.17 | $3.04 | $1.43 | $-1.73 | $1.55 | $-1.18 | $0.80 | |
| EPS (Diluted) | $6.69 | $5.04 | $3.63 | $3.63 | $4.17 | $3.03 | $1.43 | $-1.73 | $1.55 | $-1.18 | $0.80 | |
| Shares (Basic) | 69,424,381 | 65,662,185 | 65,613,002 | 65,576,995 | 65,552,586 | 65,523,024 | 65,394,627 | 65,291,855 | 65,152,782 | 65,074,455 | 65,007,861 | |
| Shares (Diluted) | 69,560,911 | 65,776,834 | 65,739,110 | 65,661,748 | 65,624,007 | 65,643,390 | 65,505,535 | 65,291,855 | 65,277,953 | 65,074,455 | 65,125,173 | |
| EBITDA | $815M | $574M | · | $463M | · | $374M | $304M | $89M | $306M | $146M | $181M |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $234M | $195M | $104M | $119M | $144M | $319M | $119M | $89M | $86M | $117M | $743M | |
| Short-term Investments | · | · | · | · | · | · | · | · | · | · | $6M | |
| Prepaid Expense | $5M | $2M | $2M | $2M | $2M | $1M | $389.0K | $1M | $822.0K | $614.0K | $2M | |
| Current Assets | $377M | $275M | $167M | $186M | $216M | $362M | $155M | $126M | $144M | $168M | $797M | |
| Other Non-current Assets | $102M | $74M | $118M | $111M | $97M | $85M | $50M | $55M | $58M | $54M | $37M | |
| Total Assets | $9.54B | $3.39B | $3.36B | $3.53B | $2.76B | $2.77B | $2.54B | $2.68B | $3.09B | $3.07B | $2.92B | |
| Accounts Payable | $10M | $11M | $11M | $7M | $6M | $2M | $3M | $9M | $4M | $4M | $5M | |
| Current Liabilities | $121M | $85M | $72M | $64M | $61M | $44M | $34M | $51M | $34M | $26M | $25M | |
| Capital Leases | $33M | $4M | $5M | $6M | · | $8M | · | · | · | · | · | |
| Deferred Tax | $1.19B | $132M | $134M | $138M | $88M | $86M | $89M | $91M | $121M | $134M | $147M | |
| Other Non-current Liabilities | $56M | $18M | $8M | $8M | $7M | $8M | · | $14M | $6M | $6M | $689.0K | |
| Total Liabilities | $2.33B | $261M | $460M | $781M | $156M | $464M | $374M | $541M | $774M | $784M | $501M | |
| Long-term Debt | · | · | $246M | · | · | · | · | · | · | · | · | |
| Total Debt | $895M | $0 | · | $572M | · | $300M | $215M | $351M | $586M | $601M | $322M | |
| Common Stock | $845.0K | $657.0K | $656.0K | $656.0K | $656.0K | $655.0K | $655.0K | $654.0K | $652.0K | $651.0K | $650.0K | |
| Paid-in Capital | $5.93B | $2.23B | $2.22B | $2.21B | $2.21B | $2.21B | $2.20B | $2.19B | $2.19B | $2.18B | $2.17B | |
| Retained Earnings | $1.23B | $890M | $667M | $527M | $382M | $61M | $-66M | $-90M | $88M | $49M | $185M | |
| AOCI | $993.0K | $0 | · | · | · | · | · | $-1M | $879.0K | · | · | |
| Stockholders' Equity | $7.16B | $3.12B | $2.89B | $2.74B | $2.59B | $2.27B | $2.14B | $2.10B | $2.28B | $2.23B | $2.35B | |
| Liabilities + Equity | $9.54B | $3.39B | $3.36B | $3.53B | $2.76B | $2.77B | $2.54B | $2.68B | $3.09B | $3.07B | $2.92B | |
| Shares Outstanding | 84,499,692 | 65,691,151 | 65,631,760 | 65,592,597 | 65,564,364 | 65,531,288 | 65,440,492 | 65,360,041 | 65,179,527 | 65,093,950 | 65,033,547 |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $177M | $144M | $165M | $179M | $189M | $175M | $163M | $164M | $160M | $141M | $93M | |
| Stock-based Comp | $12M | $12M | $10M | $8M | $6M | $9M | $7M | $8M | $10M | $10M | $5M | |
| Deferred Tax | $-4M | $8M | $-6M | $-20M | $11M | $-32M | $-2M | $-33M | $2M | $-5M | $-28M | |
| Other Non-cash | $54M | $33M | · | $11M | · | $-11M | $-9M | $303M | $-7M | $106M | $68M | |
| Operating Cash Flow | $705M | $530M | $416M | $417M | $462M | $341M | $253M | $329M | $267M | $169M | $192M | |
| Investing Cash Flow | $-1.42B | $-78M | $-3M | $-923M | $-417M | $-153M | $-6M | $-11M | $-200M | $-1.01B | $-51M | |
| Net Debt Issued | $-375M | $-250M | · | $-125M | · | $-115M | $-370M | · | · | · | · | |
| Stock Issued | · | · | · | · | · | · | · | · | · | · | $775.0K | |
| Net Stock Activity | · | · | · | · | · | · | · | · | · | · | $775.0K | |
| Dividends Paid | $119M | $105M | $99M | $92M | $79M | $71M | $67M | $64M | $61M | $59M | $56M | |
| Financing Cash Flow | $752M | $-360M | $-427M | $481M | $-283M | $12M | $-217M | $-315M | $-98M | $214M | $-58M | |
| Net Change in Cash | $38M | $91M | $-14M | $-25M | $-238M | $200M | $31M | $3M | $-31M | $-626M | $83M | |
| Taxes Paid | $95M | $72M | $50M | $55M | · | $32M | $44M | $-3M | $27M | $76M | $20M |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 69.3% | 65.5% | · | 53.6% | · | 47.3% | 42.2% | · | · | · | · | |
| Operating Margin | 61.9% | 59.8% | · | 47.0% | · | 39.9% | 33.3% | · | · | 1.7% | 35.7% | |
| Net Margin | 45.2% | 46.2% | · | 39.6% | · | 40.0% | 22.2% | · | · | -28.5% | 21.5% | |
| Pretax Margin | 55.7% | 59.2% | · | 45.2% | · | 38.6% | 25.2% | · | · | -7.5% | 25.4% | |
| EBITDA Margin | 79.1% | 79.8% | · | 76.7% | · | 75.0% | 71.8% | · | · | 50.5% | 73.9% | |
| ROA | 7.2% | 9.8% | · | 7.6% | · | 7.5% | 3.6% | -3.9% | 3.3% | -2.8% | 1.8% | |
| ROE | 9.1% | 11.1% | · | 9.0% | · | 9.0% | 4.4% | -5.2% | 4.5% | -3.6% | 2.2% | |
| ROIC | 6.5% | 10.8% | · | 7.5% | · | 7.9% | 5.0% | -3.5% | 4.0% | 0.64% | 2.8% |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.1 | 3.2 | · | 2.9 | · | 8.3 | 4.6 | 2.4 | 4.5 | 7.3 | 31.7 | |
| Quick Ratio | 1.9 | 2.3 | · | 1.9 | · | 7.3 | 3.6 | 1.7 | 2.8 | 5.1 | 29.7 | |
| Debt / Equity | 0.1 | 0.0 | · | 0.2 | · | 0.1 | 0.1 | 0.2 | 0.3 | 0.3 | 0.1 | |
| LT Debt / Equity | 0.1 | 0.0 | · | 0.2 | · | 0.1 | 0.1 | 0.2 | 0.3 | 0.3 | 0.1 |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.2 | 0.2 | · | 0.2 | · | 0.2 | 0.2 | · | · | 0.1 | 0.1 |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $84.70 | $47.48 | · | $41.79 | · | $34.67 | $32.65 | $32.16 | $34.91 | $34.24 | $36.18 | |
| Revenue / Share | $14.81 | $10.94 | · | $9.19 | · | $7.60 | $6.46 | · | · | $4.44 | $3.76 | |
| Cash Flow / Share | $10.13 | $8.05 | · | $6.36 | · | $5.19 | $3.86 | $5.04 | $4.07 | $2.61 | $2.95 | |
| Cash / Share | $2.77 | $2.98 | · | $1.81 | · | $4.87 | $1.83 | $1.36 | $1.32 | $1.79 | $11.42 | |
| Dividend / Share | $1.82 | $1.65 | $1.52 | $1.43 | $1.25 | $1.11 | $1.05 | $0.99 | $0.95 | $0.91 | $0.87 | |
| EPS (TTM) | $6.69 | $5.04 | $3.63 | $3.63 | · | $3.03 | $1.43 | $-1.73 | $1.55 | $-1.18 | $0.80 |
Growth Rates
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 43.2% | 18.8% | 0.42% | -7.7% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 19.5% | 3.2% | · | · | · | · | · | · | · | · | · | |
| EPS YoY | 32.7% | 38.8% | 0.00% | -13.0% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | 22.6% | 6.5% | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | 40.4% | 38.7% | 0.19% | -12.8% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 25.0% | 6.6% | · | · | · | · | · | · | · | · | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $1.03B | $719M | $606M | $603M | · | $499M | $423M | $459M | $441M | $289M | $245M | |
| Net Income TTM | $466M | $332M | $239M | $239M | · | $199M | $94M | $-113M | $102M | $-77M | $52M | |
| Market Cap | $18.78B | $8.66B | · | $7.39B | · | $8.15B | $6.71B | $6.07B | $5.10B | $4.69B | $4.01B | |
| Enterprise Value | $19.45B | $8.47B | · | $7.85B | · | $8.13B | $6.80B | $6.33B | $5.60B | $5.17B | $3.58B | |
| P/E | 33.2 | 26.2 | 33.3 | 31.1 | · | 41.0 | 71.7 | -53.7 | 50.4 | -61.0 | 77.0 | |
| P/S | 18.2 | 12.0 | · | 12.3 | · | 16.3 | 15.9 | 13.2 | 11.6 | 16.2 | 16.4 | |
| P/B | 2.6 | 2.8 | · | 2.7 | · | 3.6 | 3.1 | 2.9 | 2.2 | 2.1 | 1.7 | |
| P / Tangible Book | 2.6 | 2.8 | 2.7 | 2.7 | · | 3.6 | · | · | · | · | · | |
| P / Cash Flow | 26.6 | 16.4 | · | 17.7 | · | 23.9 | 26.5 | 18.5 | 19.2 | 27.6 | 20.9 | |
| EV / EBITDA | 23.9 | 14.7 | · | 17.0 | · | 21.7 | 22.4 | 71.0 | 18.3 | 35.4 | 19.8 | |
| EV / Revenue | 18.9 | 11.8 | · | 13.0 | · | 16.3 | 16.1 | 13.8 | 12.7 | 17.9 | 14.7 | |
| Dividend Yield | 0.63% | 1.2% | · | 1.2% | · | 0.88% | 1.0% | 1.1% | 1.2% | 1.2% | 1.4% | |
| Earnings Yield | 3.0% | 3.8% | 3.0% | 3.2% | · | 2.4% | 1.4% | -1.9% | 2.0% | -1.6% | 1.3% | |
| Payout Ratio | 25.4% | 31.7% | · | 38.5% | · | 35.9% | 71.9% | -56.7% | 60.5% | -71.2% | 106.4% | |
| Annual Payout | $119M | $105M | $99M | $92M | · | $71M | $67M | $64M | $61M | $59M | $56M |
Income Statement
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $451M | $469M | $375M | $252M | $210M | $193M | $203M | $194M | $174M | $149M | $153M | $139M | $144M | $170M | $163M | $131M | |
| Gross Profit | $291M | $315M | $242M | $185M | $152M | $134M | $142M | $129M | $113M | $87M | $90M | $76M | $81M | $97M | $87M | $69M | |
| SG&A Expense | $13M | $18M | $18M | $10M | $10M | $11M | $9M | $10M | $11M | $11M | $10M | $10M | $9M | $11M | $9M | $8M | |
| Operating Expenses | $173M | $172M | $164M | $90M | $68M | $70M | $69M | $75M | $72M | $73M | $73M | $73M | $72M | $84M | $90M | $70M | |
| Operating Income | $280M | $297M | $211M | $162M | $142M | $123M | $133M | $119M | $102M | $76M | $80M | $66M | $72M | $86M | $73M | $62M | |
| Pretax Income | $296M | $307M | $146M | $161M | $143M | $124M | $134M | $118M | $100M | $74M | $76M | $60M | $66M | $80M | $69M | $57M | |
| Income Tax | $58M | $25M | $53M | $29M | $11M | $10M | $26M | $22M | $19M | $27M | $13M | $11M | $2M | $16M | $13M | $11M | |
| Net Income | $236M | $281M | $94M | $127M | $132M | $113M | $107M | $96M | $81M | $47M | $63M | $49M | $63M | $64M | $56M | $46M | |
| EPS (Basic) | $2.78 | $3.31 | $1.05 | $1.92 | $2.01 | $1.72 | $1.63 | $1.46 | $1.23 | $0.72 | $0.95 | $0.75 | $0.97 | $0.97 | $0.86 | $0.70 | |
| EPS (Diluted) | $2.78 | $3.30 | $1.04 | $1.92 | $2.01 | $1.72 | $1.63 | $1.46 | $1.23 | $0.72 | $0.94 | $0.75 | $0.97 | $0.97 | $0.85 | $0.70 | |
| Shares (Basic) | 84,781,861 | 84,720,260 | · | 65,761,896 | 65,748,410 | 65,705,157 | · | 65,670,381 | 65,650,801 | 65,637,428 | · | 65,619,406 | 65,605,391 | 65,594,977 | · | 65,579,834 | |
| Shares (Diluted) | 85,052,094 | 85,017,635 | · | 65,831,341 | 65,820,530 | 65,791,551 | · | 65,795,014 | 65,767,538 | 65,740,260 | · | 65,757,076 | 65,762,903 | 65,709,095 | · | 65,660,152 | |
| EBITDA | $376M | $388M | · | $195M | $173M | $156M | · | $155M | $138M | $114M | · | $106M | $110M | $132M | · | $100M |
Balance Sheet
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $182M | $234M | $234M | $173M | $248M | $241M | $195M | $128M | $74M | $138M | · | $103M | $106M | $127M | · | $122M | |
| Prepaid Expense | $6M | $4M | $5M | $3M | $2M | $2M | $2M | $2M | $2M | $2M | · | $2M | $2M | $2M | · | $2M | |
| Current Assets | $370M | $412M | $377M | $287M | $342M | $316M | $275M | $202M | $133M | $193M | · | $164M | $165M | $189M | · | $182M | |
| Other Non-current Assets | $118M | $127M | $102M | $75M | $89M | $82M | $74M | $78M | $82M | $82M | · | $118M | $119M | $110M | · | $111M | |
| Total Assets | $9.45B | $9.49B | $9.54B | $4.47B | $3.57B | $3.46B | $3.39B | $3.30B | $3.27B | $3.31B | · | $3.40B | $3.44B | $3.49B | · | $3.38B | |
| Accounts Payable | $5M | $7M | $10M | $6M | $6M | $2M | $11M | $13M | $13M | $12M | · | $9M | $9M | $8M | · | $7M | |
| Current Liabilities | $127M | $117M | $121M | $100M | $76M | $67M | $85M | $86M | $122M | $77M | · | $71M | $63M | $55M | · | $64M | |
| Capital Leases | · | · | $33M | · | · | · | $4M | · | · | · | · | · | · | · | · | · | |
| Deferred Tax | $1.16B | $1.19B | $1.19B | $131M | $132M | $132M | $132M | $133M | $133M | $134M | · | $136M | $136M | $137M | · | $140M | |
| Other Non-current Liabilities | $59M | $58M | $56M | $23M | $21M | $20M | $18M | $7M | $7M | $8M | · | $8M | $9M | $8M | · | $6M | |
| Total Liabilities | $1.82B | $2.03B | $2.33B | $1.05B | $253M | $243M | $261M | $251M | $288M | $390M | · | $535M | $604M | $696M | · | $657M | |
| Long-term Debt | · | · | · | · | · | · | · | $0 | $50M | · | · | · | · | · | · | · | |
| Total Debt | $396M | $596M | · | $770M | · | · | · | $0 | $50M | $146M | · | $321M | $396M | $497M | · | $446M | |
| Common Stock | $844.0K | $846.0K | $845.0K | $658.0K | $658.0K | $657.0K | $657.0K | $657.0K | $656.0K | $656.0K | · | $656.0K | $656.0K | $656.0K | · | $656.0K | |
| Paid-in Capital | $5.92B | $5.95B | $5.93B | $2.23B | $2.23B | $2.23B | $2.23B | $2.23B | $2.23B | $2.22B | · | $2.22B | $2.22B | $2.22B | · | $2.21B | |
| Retained Earnings | $1.66B | $1.47B | $1.23B | $1.17B | $1.08B | $974M | $890M | $812M | $742M | $687M | · | $630M | $605M | $567M | · | $496M | |
| AOCI | $0 | $0 | $993.0K | · | · | · | $0 | · | · | · | · | · | · | · | · | · | |
| Stockholders' Equity | $7.59B | $7.42B | $7.16B | $3.41B | $3.31B | $3.20B | $3.12B | $3.04B | $2.97B | $2.91B | · | $2.85B | $2.82B | $2.78B | · | $2.71B | |
| Liabilities + Equity | $9.45B | $9.49B | $9.54B | $4.47B | $3.57B | $3.46B | $3.39B | $3.30B | $3.27B | $3.31B | · | $3.40B | $3.44B | $3.49B | · | $3.38B | |
| Shares Outstanding | 84,673,027 | 84,787,272 | 84,499,692 | 65,763,800 | 65,760,321 | 65,735,304 | 65,691,151 | 65,689,357 | 65,656,625 | 65,648,831 | · | 65,631,760 | 65,609,736 | 65,599,348 | · | 65,592,597 |
Cash Flow
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $96M | $91M | $80M | $33M | $31M | $33M | $34M | $36M | $36M | $39M | $40M | $40M | $38M | $46M | $49M | $38M | |
| Stock-based Comp | $3M | $4M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $2M | $3M | $2M | $3M | $2M | $2M | |
| Deferred Tax | $18M | $-28M | $4M | $3M | $-2M | $-9M | $3M | $1M | $3M | $648.0K | $-458.0K | $1M | $-8M | $1M | $-2M | $10M | |
| Other Non-cash | · | $-54M | · | · | · | $-4M | · | · | · | $49M | · | · | · | $-5M | · | · | |
| Operating Cash Flow | $335M | $294M | $242M | $174M | $153M | $136M | $141M | $137M | $114M | $138M | $101M | $98M | $108M | $109M | $101M | $95M | |
| Investing Cash Flow | $-117M | $34M | $-262M | $-986M | $-113M | $-58M | $-47M | $-3M | $-51M | $24M | $-2.0K | $-6.0K | $-3M | $-197.0K | $-206M | $-679M | |
| Net Debt Issued | · | $-300M | · | · | · | $0 | · | · | · | $-100M | · | · | · | $-75M | · | · | |
| Stock Repurchased | $30M | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Net Stock Activity | $-30M | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Dividends Paid | $40M | $40M | $30M | $30M | $30M | $30M | $26M | $26M | $26M | $26M | $25M | $25M | $25M | $25M | $23M | $23M | |
| Financing Cash Flow | $-270M | $-327M | $81M | $737M | $-33M | $-33M | $-27M | $-80M | $-126M | $-128M | $-100M | $-101M | $-126M | $-100M | $102M | $425M | |
| Net Change in Cash | $-52M | $423.0K | $61M | $-75M | $7M | $45M | $68M | $54M | $-64M | $34M | $1M | $-3M | $-21M | $8M | $-4M | $-158M |
Profitability
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 64.6% | 67.1% | · | 73.6% | 72.6% | 69.4% | · | 66.6% | 64.7% | 58.4% | · | 54.5% | 56.3% | 57.0% | · | 52.8% | |
| Operating Margin | 62.1% | 63.3% | · | 64.4% | 67.7% | 63.6% | · | 61.3% | 58.6% | 50.7% | · | 47.3% | 49.9% | 50.5% | · | 47.0% | |
| Net Margin | 52.5% | 59.9% | · | 50.3% | 63.1% | 58.7% | · | 49.6% | 46.7% | 31.7% | · | 35.6% | 44.0% | 37.5% | · | 34.8% | |
| Pretax Margin | 65.6% | 65.5% | · | 63.7% | 68.2% | 64.1% | · | 60.8% | 57.6% | 49.9% | · | 43.5% | 45.6% | 46.9% | · | 43.3% | |
| EBITDA Margin | 83.5% | 82.7% | · | 77.5% | 82.5% | 80.7% | · | 80.0% | 79.2% | 76.8% | · | 76.2% | 76.6% | 77.7% | · | 75.7% | |
| ROA | 3.6% | 4.3% | · | 3.3% | 3.9% | 3.4% | · | 2.9% | 2.4% | 1.4% | · | 1.5% | 2.0% | 2.0% | · | 1.5% | |
| ROE | 4.3% | 5.3% | · | 3.9% | 4.2% | 3.7% | · | 3.3% | 2.8% | 1.7% | · | 1.8% | 2.3% | 2.4% | · | 1.8% | |
| ROIC | 2.8% | 3.4% | · | 3.2% | 4.0% | 3.5% | · | 3.2% | 2.7% | 1.6% | · | 1.7% | 2.2% | 2.1% | · | 1.6% |
Liquidity & Solvency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.9 | 3.5 | · | 2.9 | 4.5 | 4.7 | · | 2.3 | 1.1 | 2.5 | · | 2.3 | 2.6 | 3.4 | · | 2.8 | |
| Quick Ratio | 1.4 | 2.0 | · | 1.7 | 3.3 | 3.6 | · | 1.5 | 0.6 | 1.8 | · | 1.5 | 1.7 | 2.3 | · | 1.9 | |
| Debt / Equity | 0.1 | 0.1 | · | 0.2 | · | · | · | 0.0 | 0.0 | 0.1 | · | 0.1 | 0.1 | 0.2 | · | 0.2 | |
| LT Debt / Equity | 0.1 | 0.1 | · | 0.2 | · | · | · | 0.0 | 0.0 | 0.1 | · | 0.1 | 0.1 | 0.2 | · | 0.2 |
Efficiency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.0 | · | 0.0 | 0.0 | 0.1 | · | 0.0 |
Per Share
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $89.60 | $87.46 | · | $51.80 | $50.29 | $48.73 | · | $46.26 | $45.22 | $44.34 | · | $43.41 | $43.04 | $42.42 | · | $41.28 | |
| Revenue / Share | $5.30 | $5.52 | · | $3.83 | $3.19 | $2.94 | · | $2.95 | $2.65 | $2.27 | · | $2.11 | $2.19 | $2.59 | · | $2.00 | |
| Cash Flow / Share | · | $3.45 | · | · | · | $2.07 | · | · | · | $2.10 | · | · | · | $1.65 | · | · | |
| Cash / Share | $2.15 | $2.76 | · | $2.63 | $3.77 | $3.66 | · | $1.95 | $1.13 | $2.10 | · | $1.57 | $1.62 | $1.93 | · | $1.86 | |
| Dividend / Share | $0.47 | $0.47 | $0.47 | $0.45 | $0.45 | $0.45 | $0.45 | $0.40 | $0.40 | $0.40 | $0.40 | $0.38 | $0.38 | $0.38 | $0.38 | $0.35 | |
| EPS (TTM) | $9.04 | $8.27 | · | $7.28 | $6.82 | $6.04 | · | $4.35 | $3.64 | $3.38 | · | $3.54 | $3.49 | $3.60 | · | $3.82 |
Valuation (TTM)
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $1.55B | $1.31B | · | $858M | $799M | $764M | · | $670M | $614M | $584M | · | $616M | $609M | $611M | · | $609M | |
| Net Income TTM | $738M | $634M | · | $480M | $449M | $398M | · | $287M | $240M | $223M | · | $233M | $229M | $237M | · | $251M | |
| Market Cap | $16.90B | $21.58B | · | $13.19B | $11.69B | $10.75B | · | $9.22B | $8.22B | $8.00B | · | $6.98B | $7.53B | $8.51B | · | $6.15B | |
| Enterprise Value | $17.12B | $21.94B | · | $13.79B | · | · | · | $9.09B | $8.19B | $8.00B | · | $7.20B | $7.82B | $8.88B | · | $6.48B | |
| P/E | 22.1 | 30.8 | · | 27.6 | 26.1 | 27.1 | · | 32.3 | 34.4 | 36.0 | · | 30.0 | 32.9 | 36.0 | · | 24.6 | |
| P/S | 10.9 | 16.5 | · | 15.4 | 14.6 | 14.1 | · | 13.8 | 13.4 | 13.7 | · | 11.3 | 12.4 | 13.9 | · | 10.1 | |
| P/B | 2.2 | 2.9 | · | 3.9 | 3.5 | 3.4 | · | 3.0 | 2.8 | 2.7 | · | 2.4 | 2.7 | 3.1 | · | 2.3 | |
| P / Tangible Book | 2.2 | 2.9 | · | 3.9 | 3.5 | 3.4 | · | 3.0 | 2.8 | 2.7 | · | 2.4 | 2.7 | 3.1 | · | 2.3 | |
| P / Cash Flow | · | 73.5 | · | · | · | 78.8 | · | · | · | 57.8 | · | · | · | 78.3 | · | · | |
| EV / Revenue | 11.1 | 16.8 | · | 16.1 | · | · | · | 13.6 | 13.3 | 13.7 | · | 11.7 | 12.8 | 14.5 | · | 10.6 | |
| Dividend Yield | 0.83% | 0.60% | · | 0.87% | 0.96% | 1.0% | · | 1.1% | 1.2% | 1.2% | · | 1.4% | 1.3% | 1.1% | · | 1.5% | |
| Earnings Yield | 4.5% | 3.2% | · | 3.6% | 3.8% | 3.7% | · | 3.1% | 2.9% | 2.8% | · | 3.3% | 3.0% | 2.8% | · | 4.1% | |
| Payout Ratio | · | 14.3% | · | · | · | 26.1% | · | · | · | 55.7% | · | · | · | 38.6% | · | · | |
| Annual Payout | $140M | $129M | · | $115M | $112M | $109M | · | $104M | $102M | $100M | · | $97M | $95M | $97M | · | $92M |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Revenue | $1.03B | $719M | $606M | $603M | $654M |
| Gross Margin % | 69.3% | 65.5% | · | 53.6% | · |
| Operating Margin % | 61.9% | 59.8% | · | 47.0% | · |
| Net Income | $466M | $332M | $239M | $239M | $274M |
| Diluted EPS | $6.69 | $5.04 | $3.63 | $3.63 | $4.17 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Debt / Equity | 0.1 | 0.0 | · | 0.2 | · |
| Current Ratio | 3.1 | 3.2 | · | 2.9 | · |
| Quick Ratio | 1.9 | 2.3 | · | 1.9 | · |
No data for this statement
Not enough fundamentals data to build this statement yet.
Institutional owners (13F) 812 filers · $16.3B total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders
812
Value held
$16.3B
New positions
78
Exited positions
119
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 78 (-75 vs prior Q) | 119 (+58 vs prior Q) | 297 (-14 vs prior Q) | 275 (+24 vs prior Q) | +3.1M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| BlackRock, Inc. | $2,177,865,370 | 10,910,603 | 13.40% | Shares |
| VANGUARD GROUP INC | $1,867,001,262 | 8,398,944 | 11.49% | Shares |
| Capital World Investors | $1,860,925,216 | 9,322,778 | 11.45% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $823,512,613 | 4,125,608 | 5.07% | Shares |
| STATE STREET CORP | $779,338,321 | 3,904,305 | 4.79% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $757,997,417 | 3,797,392 | 4.66% | Shares |
| VAN ECK ASSOCIATES CORP | $584,790,431 | 2,929,665 | 3.60% | Shares |
| Invesco Ltd. | $413,183,518 | 2,069,954 | 2.54% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $347,508,588 | 1,740,552 | 2.14% | Shares |
| Capital Research Global Investors | $289,878,233 | 1,452,223 | 1.78% | Shares |
| NORGES BANK | $281,369,857 | 1,409,598 | 1.73% | Shares |
| UBS Group AG | $243,160,511 | 1,218,178 | 1.50% | Shares |
| AQR CAPITAL MANAGEMENT LLC | $207,622,879 | 1,043,961 | 1.28% | Shares |
| NORTHERN TRUST CORP | $178,338,760 | 893,436 | 1.10% | Shares |
| First Eagle Investment Management, LLC | $172,021,103 | 861,786 | 1.06% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $167,028,562 | 836,651 | 1.03% | Shares |
| MORGAN STANLEY | $165,265,578 | 827,940 | 1.02% | Shares |
| FMR LLC | $158,636,348 | 794,731 | 0.98% | Shares |
| Bank of New York Mellon Corp | $150,761,689 | 755,281 | 0.93% | Shares |
| Nuveen, LLC | $147,069,465 | 736,785 | 0.90% | Shares |
| Qube Research & Technologies Ltd | $140,778,745 | 705,269 | 0.87% | Shares |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | $118,478,872 | 593,507 | 0.73% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $114,636,622 | 574,303 | 0.71% | Shares |
| Ninety One UK Ltd | $112,527,726 | 563,738 | 0.69% | Shares |
| Capital International Investors | $112,451,292 | 563,355 | 0.69% | Shares |
| Findlay Park Partners LLP | $111,392,361 | 558,050 | 0.69% | Shares |
| Swedbank AB | $103,613,758 | 519,081 | 0.64% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $103,525,331 | 518,638 | 0.64% | Shares |
| GOLDMAN SACHS GROUP INC | $94,779,732 | 474,825 | 0.58% | Shares |
| BANK OF AMERICA CORP /DE/ | $88,124,232 | 441,482 | 0.54% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $86,291,403 | 432,300 | 0.53% | Call option |
| MILLENNIUM MANAGEMENT LLC | $79,258,145 | 397,065 | 0.49% | Shares |
| Toroso Investments, LLC | $71,576,921 | 322,681 | 0.44% | Shares |
| DEUTSCHE BANK AG\ | $69,324,953 | 347,302 | 0.43% | Shares |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $63,915,674 | 251,152 | 0.39% | Shares |
| JANE STREET GROUP, LLC | $57,166,707 | 286,392 | 0.35% | Shares |
| JPMORGAN CHASE & CO | $53,622,808 | 261,379 | 0.33% | Shares |
| CITADEL ADVISORS LLC | $51,758,075 | 259,296 | 0.32% | Shares |
| JANE STREET GROUP, LLC | $50,480,571 | 252,896 | 0.31% | Put option |
| CITADEL ADVISORS LLC | $49,170,730 | 246,334 | 0.30% | Call option |
| Squarepoint Ops LLC | $48,843,769 | 244,696 | 0.30% | Shares |
| Baird Financial Group, Inc. | $48,295,640 | 241,950 | 0.30% | Shares |
| FIRST TRUST ADVISORS LP | $47,325,771 | 237,091 | 0.29% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $46,453,239 | 232,720 | 0.29% | Shares |
| D. E. Shaw & Co., Inc. | $46,234,666 | 231,625 | 0.28% | Shares |
| Kopernik Global Investors, LLC | $42,912,757 | 214,983 | 0.26% | Shares |
| RHUMBLINE ADVISERS | $42,634,442 | 213,589 | 0.26% | Shares |
| GABELLI FUNDS LLC | $42,105,733 | 210,940 | 0.26% | Shares |
| WELLINGTON MANAGEMENT GROUP LLP | $41,944,848 | 210,134 | 0.26% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $40,920,050 | 205,000 | 0.25% | Put option |
Activists & 5%+ owners 3 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Royal Gold, Inc. ×13 filings | Sept. 30, 2020 | · | Initial filing | · | SEC |
| Royal Gold, Inc | March 28, 2007 | · | Initial filing | · | SEC |
| P. Lee Halavais | Feb. 3, 2003 | · | Initial filing | · | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders 35 insiders · 16 officers · 20 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| William Holmes Heissenbuttel | President & CEO | Sept. 3, 2026 S | 117,522 | 0 | 5 | $-1,916,112 |
| Tony A Jensen | CEO and President | Aug. 27, 2019 M | 41,771 | 0 | 0 | $0 |
| Paul Libner | SVP & CFO | March 4, 2026 S | 15,967 | 0 | 6 | $-907,119 |
| Stefan Wenger | CFO and Treasurer | June 1, 2018 M | 61,355 | 0 | 0 | $0 |
| John Skadow | V.P & CFO | Aug. 19, 2003 M | 10,813 | 0 | 0 | $0 |
| Martin Raffield | SVP, Operations | Sept. 14, 2026 F | 10,996 | 0 | 0 | $0 |
| Randy Shefman | SVP & General Counsel | Aug. 28, 2026 S | 8,082 | 0 | 3 | $-483,065 |
| David R Crandall | VP, Corporate Secretary & CCO | March 11, 2026 G | 4,282 | 0 | 0 | $0 |
| Daniel Breeze | SVP Corp Dev of RGLD Gold AG | March 2, 2026 S | 20,140 | 0 | 3 | $-617,374 |
| Laura Gill | VP, Corp. Sec. & CCO | March 3, 2023 F | 2,848 | 0 | 0 | $0 |
| Margaret Mccandless | Asst. GC, CCO & Corp. Sec. | Aug. 24, 2021 A | 3,385 | 0 | 0 | $0 |
| Bruce Christopher Kirchhoff | VP, GC and Secretary | Aug. 27, 2019 S | 43,450 | 0 | 0 | $0 |
| Karli S. Anderson | VP Investor Relations | Aug. 26, 2018 F | 22,021 | 0 | 0 | $0 |
| William M Zisch | VP Operations | Dec. 9, 2014 M | 38,967 | 0 | 0 | $0 |
| Karen Gross | V.P. and Secretary | Dec. 31, 2012 S | 65,087 | 0 | 0 | $0 |
| Donald J Baker | V.P. Corporate Development | June 1, 2006 S | 58,003 | 0 | 0 | $0 |
| Mark Isto | Director | March 12, 2026 S | 20,043 | 0 | 1 | $-549,660 |
| Fabiana Chubbs | Director | Feb. 26, 2026 A | 561 | 0 | 0 | $0 |
| Sybil E Veenman | Director | Feb. 26, 2026 A | 2,515 | 0 | 0 | $0 |
| Jamie C Sokalsky | Director | Feb. 26, 2026 A | 11,200 | 0 | 0 | $0 |
| Ronald J Vance | Director | Feb. 26, 2026 A | 8,428 | 0 | 2 | $-174,704 |
| William M. Hayes | Director | Feb. 26, 2026 A | 6,690 | 0 | 1 | $-1,156,213 |
| Kevin C. Mcarthur | Director | Feb. 27, 2025 A | 11,829 | 0 | 0 | $0 |
| Christopher M.T. Thompson | Director | Aug. 19, 2020 A | 40,470 | 0 | 0 | $0 |
| Craig M Haase | Director | Aug. 23, 2017 A | 28,054 | 0 | 0 | $0 |
| Gordon Bogden | Director | June 1, 2017 S | 12,339 | 0 | 0 | $0 |
| Oden S Howell JR | Director | Feb. 19, 2014 M | 424,755 | 0 | 0 | $0 |
| James W Stuckert | Director | Aug. 27, 2013 A | 1,156,110 | 0 | 0 | $0 |
| Stanley Dempsey | Director | Aug. 27, 2013 A | 77,513 | 0 | 0 | $0 |
| Donald J Worth | Director | Nov. 30, 2011 M | 29,250 | 0 | 0 | $0 |
| John W Goth | Director | Dec. 30, 2009 M | 48,250 | 0 | 0 | $0 |
| Merritt E Marcus | Director | Dec. 23, 2009 S | 39,338 | 0 | 0 | $0 |
| Edwin W Peiker JR | Director | Aug. 1, 2007 S | 55,380 | 0 | 0 | $0 |
| Pierre Gousseland | Director | Nov. 17, 2004 M | 22,750 | 0 | 0 | $0 |
| Randy L Parcel | · | Feb. 20, 2007 M | 29,975 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 77 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| PYZ · Invesco Exchange-Traded Fund Trust | 3.59% | 9,827 SH | Oct. 2, 2026 | Daily |
| FXZ · First Trust Exchange-Traded AlphaDE… | 2.54% | 47,105 NS | July 31, 2026 | N-PORT |
| IYM · iShares Trust | 2.12% | 98,718 SH | Sept. 11, 2026 | Daily |
| PAMC · Pacer Funds Trust | 1.21% | 3,264 NS | July 31, 2026 | N-PORT |
| FMAT · FIDELITY COVINGTON TRUST | 1.13% | 33,099 NS | July 31, 2026 | N-PORT |
| VAW · VANGUARD WORLD FUND | 1.11% | 248,942 SH | Aug. 19, 2026 | Daily |
| CZA · Invesco Exchange-Traded Fund Trust | 1.09% | 9,454 SH | Oct. 2, 2026 | Daily |
| RFG · Invesco Exchange-Traded Fund Trust | 1.08% | 15,567 SH | Oct. 2, 2026 | Daily |
| QQQJ · Invesco Exchange-Traded Fund Trust … | 0.99% | 50,077 SH | Oct. 2, 2026 | Daily |
| IVOG · VANGUARD ADMIRAL FUNDS | 0.85% | 80,390 SH | Aug. 19, 2026 | Daily |
| QVMM · Invesco Exchange-Traded Fund Trust … | 0.61% | 10,804 SH | Oct. 2, 2026 | Daily |
| NUSC · Nushares ETF Trust | 0.54% | 34,785 NS | July 31, 2026 | N-PORT |
| IGE · iShares Trust | 0.50% | 15,918 SH | Sept. 11, 2026 | Daily |
| VBK · VANGUARD INDEX FUNDS | 0.46% | 1,124,353 SH | Aug. 19, 2026 | Daily |
| PTMC · Pacer Funds Trust | 0.45% | 8,970 NS | July 31, 2026 | N-PORT |
| IVOO · VANGUARD ADMIRAL FUNDS | 0.44% | 131,578 SH | Aug. 19, 2026 | Daily |
| ESML · iShares Trust | 0.38% | 41,641 SH | Sept. 11, 2026 | Daily |
| BBMC · J.P. Morgan Exchange-Traded Fund Tr… | 0.36% | 36,938 NS | July 31, 2026 | N-PORT |
| MIDU · Direxion Shares ETF Trust | 0.35% | 1,196 NS | July 31, 2026 | N-PORT |
| GUNR · FlexShares Trust | 0.30% | 110,840 NS | July 31, 2026 | N-PORT |
| SMMD · iShares Trust | 0.30% | 45,199 SH | Sept. 11, 2026 | Daily |
| IMCG · iShares Trust | 0.30% | 46,592 SH | Sept. 11, 2026 | Daily |
| JPUS · J.P. Morgan Exchange-Traded Fund Tr… | 0.29% | 6,778 NS | July 31, 2026 | N-PORT |
| JPME · J.P. Morgan Exchange-Traded Fund Tr… | 0.29% | 6,845 NS | July 31, 2026 | N-PORT |
| FSMD · FIDELITY COVINGTON TRUST | 0.25% | 31,689 NS | July 31, 2026 | N-PORT |
| FTLS · First Trust Exchange-Traded Fund III | 0.24% | 29,838 NS | July 31, 2026 | N-PORT |
| EQAL · Invesco Exchange-Traded Fund Trust … | 0.22% | 7,556 SH | Oct. 2, 2026 | Daily |
| FFLC · FIDELITY COVINGTON TRUST | 0.22% | 13,171 NS | July 31, 2026 | N-PORT |
| IWS · iShares Trust | 0.21% | 126,673 SH | Sept. 11, 2026 | Daily |
| WSML · iShares Trust | 0.20% | 5,262 SH | Sept. 11, 2026 | Daily |
| VB · VANGUARD INDEX FUNDS | 0.20% | 1,946,441 SH | Aug. 19, 2026 | Daily |
| SDVD · First Trust Exchange-Traded Fund IV | 0.18% | 8,380 NS | July 31, 2026 | N-PORT |
| VXF · VANGUARD INDEX FUNDS | 0.18% | 934,985 SH | Aug. 19, 2026 | Daily |
| IWR · iShares Trust | 0.16% | 347,082 SH | Sept. 11, 2026 | Daily |
| IMCB · iShares Trust | 0.15% | 9,843 SH | Sept. 11, 2026 | Daily |
| FDLO · FIDELITY COVINGTON TRUST | 0.13% | 9,578 NS | July 31, 2026 | N-PORT |
| VFMO · VANGUARD WELLINGTON FUND | 0.11% | 11,005 SH | Aug. 19, 2026 | Daily |
| DFSU · Dimensional ETF Trust | 0.08% | 9,187 NS | July 31, 2026 | N-PORT |
| DFIS · Dimensional ETF Trust | 0.08% | 23,119 NS | July 31, 2026 | N-PORT |
| PFM · Invesco Exchange-Traded Fund Trust | 0.07% | 2,417 SH | Oct. 2, 2026 | Daily |
| VIG · VANGUARD SPECIALIZED FUNDS | 0.07% | 460,277 SH | Aug. 19, 2026 | Daily |
| ILCG · iShares Trust | 0.07% | 8,243 SH | Sept. 11, 2026 | Daily |
| DFUV · Dimensional ETF Trust | 0.07% | 52,314 NS | July 31, 2026 | N-PORT |
| IWD · iShares Trust | 0.06% | 188,182 SH | Sept. 11, 2026 | Daily |
| LRGF · iShares Trust | 0.06% | 8,232 SH | Sept. 11, 2026 | Daily |
| RWK · Invesco Exchange-Traded Fund Trust … | 0.06% | 3,084 SH | Oct. 2, 2026 | Daily |
| IUSG · iShares Trust | 0.06% | 71,373 SH | Sept. 11, 2026 | Daily |
| VONV · VANGUARD SCOTTSDALE FUNDS | 0.05% | 51,166 SH | Aug. 19, 2026 | Daily |
| DFAC · Dimensional ETF Trust | 0.05% | 110,156 NS | July 31, 2026 | N-PORT |
| DGRO · iShares Trust | 0.04% | 72,686 SH | Sept. 11, 2026 | Daily |
| DXUV · Dimensional ETF Trust | 0.04% | 1,154 NS | July 31, 2026 | N-PORT |
| DCOR · Dimensional ETF Trust | 0.04% | 6,232 NS | July 31, 2026 | N-PORT |
| ESG · FlexShares Trust | 0.04% | 240 NS | July 31, 2026 | N-PORT |
| ILCB · iShares Trust | 0.03% | 1,631 SH | Sept. 11, 2026 | Daily |
| IWB · iShares Trust | 0.03% | 58,579 SH | Sept. 11, 2026 | Daily |
| DFAU · Dimensional ETF Trust | 0.03% | 19,088 NS | July 31, 2026 | N-PORT |
| ESGV · VANGUARD WORLD FUND | 0.03% | 19,170 SH | Aug. 19, 2026 | Daily |
| TOV · EA Series Trust | 0.03% | 338 NS | July 31, 2026 | N-PORT |
| IWV · iShares Trust | 0.03% | 23,268 SH | Sept. 11, 2026 | Daily |
| IYY · iShares Trust | 0.03% | 3,449 SH | Sept. 11, 2026 | Daily |
| ITOT · iShares Trust | 0.03% | 105,619 SH | Sept. 11, 2026 | Daily |
| VOTE · TCW ETF Trust | 0.03% | 1,423 NS | July 31, 2026 | N-PORT |
| DFUS · Dimensional ETF Trust | 0.02% | 26,222 NS | July 31, 2026 | N-PORT |
| BKLC · BNY Mellon ETF Trust | 0.02% | 6,538 NS | July 31, 2026 | N-PORT |
| VTI · VANGUARD INDEX FUNDS | 0.02% | 2,695,141 SH | Aug. 19, 2026 | Daily |
| VONE · VANGUARD SCOTTSDALE FUNDS | 0.02% | 14,083 SH | Aug. 19, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.02% | 7,118 SH | Aug. 19, 2026 | Daily |
| TILT · FlexShares Trust | 0.02% | 1,944 NS | July 31, 2026 | N-PORT |
| DFAS · Dimensional ETF Trust | 0.02% | 12,419 NS | July 31, 2026 | N-PORT |
| DFLV · Dimensional ETF Trust | 0.02% | 5,399 NS | July 31, 2026 | N-PORT |
| PRF · Invesco Exchange-Traded Fund Trust | 0.01% | 4,747 SH | Oct. 2, 2026 | Daily |
| VT · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.01% | 73,096 SH | Aug. 19, 2026 | Daily |
| IJH · iShares Trust | · | 2,858,816 SH | Sept. 11, 2026 | Daily |
| IJK · iShares Trust | · | 472,077 SH | Sept. 11, 2026 | Daily |
| XJH · iShares Trust | · | 11,130 SH | Sept. 8, 2026 | Daily |
| SMLF · iShares Trust | · | 67,837 SH | Sept. 11, 2026 | Daily |
| SMMV · iShares Trust | · | 6,034 SH | Aug. 19, 2026 | Daily |
RGLD Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
rating · 21 analysts
BUY
Median target
$313.50
+33.6%
5 23.8%
Strong Buy
12 57.1%
Buy
3 14.3%
Hold
1 4.8%
Sell
0 0.0%
Strong Sell
12-Month Price Target
12 analysts · 2026-10-01Mean target $309.83 +32.0%
Now
Current price $234.64
Low$218.00
Mean$309.83
High$380.00
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
Latest News Recent headlines mentioning this company
Trading Signals Recent buy/sell signals with entry price and risk/reward ratio
BLUECHIP_DIP
Expired
risk 1
reward 2.27
entry
$218.50
R:R 2.27
BOUNCE_UP
Stopped out
risk 1
reward 1.50
entry
$186.51
R:R 1.50
No open signal right now — no card is filled, and that's honest.
My Metrics Your personal watchlist — selected rows from Full Fundamentals
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Source: SEC 10-Q filed Aug 6, 2026