Royal Gold (FRA:RG3) OCF Margin %: 62.58% (As of Mar. 2026) — Near Median


FRA:RG3 Royal Gold Inc FRA:RG3
91 GF Score
Price €181.30
GF Value €238.64
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Royal Gold OCF Margin %?

Royal Gold FRA:RG3 -3.67% 91 OCF Margin % is 62.58% as of Mar. 2026, which is 8% below its 10-year median of 68.36. GuruFocus rates FRA:RG3 with a GF Score™ of 91/100 and a GF Value™ of €238.64 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 846 Metals & Mining companies, Royal Gold ranks better than 96.69% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Royal Gold's Cash Flow from Operations for the three months ended in Mar. 2026 was €254 Mil. Royal Gold's Revenue for the three months ended in Mar. 2026 was €406 Mil. Therefore, Royal Gold's OCF Margin % for the quarter that ended in Mar. 2026 was 62.58%.

As of today, Royal Gold's current OCF Yield % is 4.92%.

The historical rank and industry rank for Royal Gold's OCF Margin % or its related term are showing as below:

FRA:RG3' s OCF Margin % Range Over the Past 10 Years
Min: 47.06   Med: 68.36   Max: 73.6
Current: 66


During the past 13 years, the highest OCF Margin % of Royal Gold was 73.60%. The lowest was 47.06%. And the median was 68.36%.

FRA:RG3's OCF Margin % is ranked better than
96.69% of 846 companies
in the Metals & Mining industry
Industry Median: 4.465 vs FRA:RG3: 66.00


Royal Gold OCF Margin % Related Terms


Royal Gold OCF Margin % Historical Data

* Premium members only.

The historical data trend for Royal Gold's OCF Margin % 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 OCF Margin % Chart

Royal Gold Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.11 69.19 68.64 73.60 68.40

Royal Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF Margin % 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 70.50 72.89 69.02 64.40 62.58

FRA:RG3 vs CDE, AUGO, SA: OCF Margin % Comparison

For the Gold subindustry, Royal Gold's OCF Margin %, along with its competitors' market caps and OCF Margin % 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 OCF Margin % vs Metals & Mining Industry

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

* The bar in red indicates where Royal Gold's OCF Margin % falls into.


FRA:RG3
91GF Score
Royal Gold Inc FRA:RG3
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Royal Gold OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

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

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=601.938/880.022
=68.40 %

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

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=253.931/405.793
=62.58 %

* 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.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of 62.58% mean?
Royal Gold (FRA:RG3) has a OCF Margin % of 62.58% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Royal Gold and its competitors. This is near median its historical median of 68.36. Over the past decade, Royal Gold's OCF Margin % has ranged from 47.06 to 73.60. According to the industry distribution chart, Royal Gold ranks #28 out of 846 companies in the Metals & Mining industry, placing it in the top 3.3%.
Is Royal Gold's OCF Margin % too high?
Royal Gold's current OCF Margin % of 62.58% is near median its 10-year median of 68.36. Over the past 10 years, this metric has ranged from a low of 47.06 to a high of 73.60. The Metals & Mining industry median OCF Margin % is 4.47. Royal Gold's value of 62.58% is 1301.6% above this industry median. Based on the distribution chart, Royal Gold ranks #28 out of 846 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Royal Gold has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Royal Gold's OCF Margin % compare to CDE and AUGO?
According to the Metals & Mining industry distribution chart, Royal Gold ranks #28 out of 846 companies for OCF Margin %. This places Royal Gold in the top 3% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 4.47. Royal Gold's value of 62.58% is 1301.6% above this benchmark. Historically, Royal Gold's own OCF Margin % has ranged from 47.06 to 73.60 over the past decade. While the company's 10-year median is 68.36 vs. the industry median of 4.47, Royal Gold has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for a Metals & Mining company?
The median OCF Margin % among Metals & Mining companies is 4.47, based on 846 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Royal Gold's current OCF Margin % of 62.58% is 1301.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Royal Gold and its competitors. For the Metals & Mining industry, the median OCF Margin % is 4.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal Gold's current OCF Margin % is 62.58%, which is near median its own 10-year median of 68.36. 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 Modestly Undervalued. The stock's GF Value™ is €238.64, compared to a current price of €181.30 — trading 24% below its estimated fair value. The current OCF Margin % is 62.58%, which is near median its 10-year median of 68.36 and 1301.6% above the Metals & Mining industry median of 4.47. Royal Gold's overall GF Score™ is 91/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Royal Gold (FRA:RG3), the current OCF Margin % is 62.58% 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 €181.30 is trading 24% below its estimated GF Value™ of €238.64. GuruFocus considers Royal Gold to be Modestly Undervalued.

Key valuation signals for FRA:RG3:

  • OCF Margin %: 62.58% (near median its 10-year median of 68.36)
  • GF Value™: €238.64 vs. price of €181.30 (24% below fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 1301.6% above the Metals & Mining median (#28 of 846)

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.
91GF Score

Get the complete analysis for FRA:RG3

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

€181.30
Price
€238.64
GF Value