NASDAQ$RGLD
Royal Gold Inc. · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
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.
Headline financials
Revenue & EPS history
Royal Gold · Revenue · Quarterly
$203M
Forward guidance
Royal Gold expects a softer start to 2025 with Q1 stream sales between 40,000 and 45,000 GEOs. Full-year guidance will be provided in March 2025.
Tailwinds
- Maintained a debt-free balance sheet after repaying $250M in debt.
- 2025 dividend increased by 12.5% to $1.80 per share.
- Strong contributions from new mining operations.
- High adjusted EBITDA margin of 81% provides strong profitability.
- Continued acquisitions in high-quality gold assets.
Headwinds
- Q1 2025 expected to be softer than Q4 2024.
- Silver sales slightly missed guidance expectations.
- Revenue growth still dependent on gold price fluctuations.
- Limited production upside in some legacy assets.
- Potential volatility in metal prices affecting cash flow.
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 2024
+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
| Quarter | Report date | Reaction (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% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro