NASDAQ$RGLD

Royal Gold Inc. · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Royal Gold reported strong financials driven by solid portfolio contributions.

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

Headline financials

Total Revenue

$169M

Previous: $120M+40.5%
EPS (adj)

$1.05

Previous: $0.53+98.1%
Net Income

$68.2M

Previous: $49M+39.2%
Operating Income

$84M

Previous: $44.6M+88.3%
Gross Profit

$0.00

Previous: $52.9M-100.0%
Cash & Equivalents

$144M

Previous: $319M-55.0%
Total Assets

$2.76B

Previous: $2.77B-0.3%
Stock-Based Comp

$1.72M

Previous: $833K+106.0%

Revenue & EPS history

Royal Gold · Revenue · Quarterly

$169M

Q4 2021+40.5%vs Q4 2020
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

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.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

+0.5%

Avg return

Earnings day

+0.8%

Avg return

5 days after

-0.6%

Avg return

30 days after

52%

34 / 65 earnings

Positive

+23.1%

Q2 2016

Best reaction

-24.4%

Q1 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.9%+3.5%-13.0%
Q4 2025-2.3%+3.7%-22.5%
Q3 2025-2.2%+8.1%+16.4%
Q1 2025-2.2%-7.3%-3.7%
Q4 2024+4.3%-2.8%+0.5%
Q3 2024-0.6%-3.2%-2.7%
Q2 2024-1.0%+3.3%+3.8%
Q1 2024+1.1%+2.0%-0.2%
Q4 2023+2.7%-0.3%+3.7%
Q3 2023+2.2%+4.8%+17.7%
Q2 2023-2.7%-2.1%-3.7%
Q1 2023+4.6%+3.0%-9.9%
Q4 2022-2.5%-3.2%-0.4%
Q3 2022-9.8%-1.3%+17.1%
Q2 2022-1.6%+0.4%-13.3%
Q1 2022+1.0%-5.8%-11.6%
Q4 2021+9.0%+7.4%+24.2%
Q3 2021+3.6%+3.1%+5.8%
Q2 2021-1.5%+3.4%-0.9%
Q1 2021+1.0%-1.1%-9.4%
Q4 2020-0.5%-10.4%-10.2%
Q3 2020+5.9%+3.4%-4.6%
Q2 2020-2.1%-3.9%-5.8%
Q1 2020+2.7%+1.4%+2.6%
Q4 2019+5.9%+7.1%+8.7%
Q3 2019-6.3%-6.3%+1.1%
Q2 2019-3.0%-1.7%+1.5%
Q1 2019-1.1%-2.0%-5.6%
Q4 2018-0.4%-1.2%-11.0%
Q3 2018+0.5%+0.2%+1.9%
Q2 2018+0.2%+1.6%+0.0%
Q1 2018+3.0%+5.6%-1.5%
Q4 2017+2.6%+2.2%+9.8%
Q3 2017+7.0%+10.3%+10.5%
Q2 2017-1.9%-0.8%-9.3%
Q1 2017+9.7%+8.4%+2.4%
Q4 2016-0.5%-1.8%-10.5%
Q3 2016+7.5%
Q2 2016+23.1%
Q1 2016-24.4%
Q4 2015+2.4%
Q3 2015-0.4%
Q2 2015-7.7%
Q1 2015-9.3%
Q4 2014+2.9%
Q3 2014+0.9%
Q2 2014+0.6%
Q1 2014-2.2%
Q4 2013+12.5%
Q3 2013+0.9%
Q2 2013-1.4%
Q1 2013-3.8%
Q4 2012-4.2%
Q3 2012+0.1%
Q2 2012-5.0%
Q1 2012-1.3%
Q4 2011+1.8%
Q4 2009+1.8%
Q3 2010+3.7%
Q3 2011+3.7%
Q2 2011-1.7%
Q2 2010-1.7%
Q1 2011+3.7%
Q4 2010+3.7%
Q1 2010+3.7%

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