Royal Gold (FRA:RG3) Gross Profit: €769 Mil (TTM As of Mar. 2026)

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FRA:RG3 Royal Gold Inc FRA:RG3
94 GF Score
Price €174.05
GF Value €248.21
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Royal Gold Gross Profit?

Royal Gold FRA:RG3 -1.94% 94 Gross Profit is €769 Mil as of Mar. 2026. GuruFocus rates FRA:RG3 with a GF Score™ of 94/100 and a GF Value™ of €248.21 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Royal Gold's gross profit for the three months ended in Mar. 2026 was €272 Mil. Royal Gold's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was €769 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Royal Gold's gross profit for the three months ended in Mar. 2026 was €272 Mil. Royal Gold's Revenue for the three months ended in Mar. 2026 was €406 Mil. Therefore, Royal Gold's Gross Margin % for the quarter that ended in Mar. 2026 was 67.07%.

Royal Gold had a gross margin of 67.07% for the quarter that ended in Mar. 2026 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Royal Gold was 69.27%. The lowest was 39.95%. And the median was 50.37%.


Royal Gold  (FRA:RG3) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Royal Gold had a gross margin of 67.07% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Royal Gold Gross Profit Related Terms


Royal Gold Gross Profit Historical Data

* Premium members only.

The historical data trend for Royal Gold's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Royal Gold Gross Profit Chart

Royal Gold Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 276.10 304.54 314.50 449.65 609.64

Royal Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 124.11 131.88 157.92 206.86 272.15

FRA:RG3 vs CDE, AUGO, HYMC: Gross Profit Comparison

For the Gold subindustry, Royal Gold's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Royal Gold Gross Profit vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Royal Gold's Gross Profit distribution charts can be found below:

* The bar in red indicates where Royal Gold's Gross Profit falls into.


FRA:RG3
94GF Score
Royal Gold Inc FRA:RG3
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Royal Gold Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Royal Gold's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=880.022 - 270.387
=610

Royal Gold's Gross Profit for the quarter that ended in Mar. 2026 is calculated as

Gross Profit (Q: Mar. 2026 )=Revenue - Cost of Goods Sold
=405.793 - 133.645
=272

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €769 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Royal Gold's Gross Margin % for the quarter that ended in Mar. 2026 is calculated as

Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=272 / 405.793
=67.07 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of €769 Mil mean?
Royal Gold (FRA:RG3) has a Gross Profit of €769 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Royal Gold and its competitors.
Is Royal Gold's Gross Profit too high?
Royal Gold's current Gross Profit is €769 Mil. Overall, Royal Gold has a GF Score™ of 94/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Royal Gold's Gross Profit compare to CDE and AUGO?
Royal Gold's Gross Profit of €769 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Metals & Mining company?
A good Gross Profit depends on the Metals & Mining industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Royal Gold and its competitors. Royal Gold's current Gross Profit is €769 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Gold stock overvalued right now?
Based on GuruFocus' analysis, Royal Gold (FRA:RG3) is currently considered Significantly Undervalued. The stock's GF Value™ is €248.21, compared to a current price of €174.05 — trading 29.9% below its estimated fair value. The current Gross Profit is €769 Mil. Royal Gold's overall GF Score™ is 94/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Royal Gold (FRA:RG3), the current Gross Profit is €769 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Royal Gold (FRA:RG3) Overvalued in 2026?

Based on GuruFocus' analysis, Royal Gold stock appears to be undervalued. The current stock price of €174.05 is trading 29.9% below its estimated GF Value™ of €248.21. GuruFocus considers Royal Gold to be Significantly Undervalued.

Key valuation signals for FRA:RG3:

  • Gross Profit: €769 Mil
  • GF Value™: €248.21 vs. price of €174.05 (29.9% below fair value)
  • GF Score™: 94/100 with 2 warning signs

No single metric tells the full story. See the FRA:RG3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Royal Gold Business Description

Address 1144 15th Street, Suite 2500, Denver, CO, USA, 80202
Royal Gold Inc enquires and manages precious metal royalties and streams with a focus on gold. The company purchases a percentage of the metal produced from a mineral property for an initial payment without assuming responsibility for mining operations. Similarly, precious metal streams are purchase agreements with mine operators providing the right to purchase all or a portion of one or more metals produced from a mine in exchange for an upfront deposit payment. Generally, Royal Gold does not work on the properties in which it holds royalty and streaming assets. The company owns a portfolio of producing, development, evaluation, and exploration royalties and streams, and the majority of group revenue is generated from Canada, Mexico, Chile, and the United States.
94GF Score

Get the complete analysis for FRA:RG3

Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€174.05
Price
€248.21
GF Value