Royalty Pharma (FRA:RPD) Total Operating Expense: €673 Mil (TTM As of Mar. 2026)


FRA:RPD Royalty Pharma PLC FRA:RPD
68 GF Score
Price €48.66
GF Value €32.74
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Royalty Pharma Total Operating Expense?

Royalty Pharma FRA:RPD +1.81% 68 Total Operating Expense is €673 Mil as of Mar. 2026. GuruFocus rates FRA:RPD with a GF Score™ of 68/100 and a GF Value™ of €32.74 (Significantly Overvalued). The stock has 10 warning signs investors should review.

Royalty Pharma's Total Operating Expense for the three months ended in Mar. 2026 was €-2 Mil. Royalty Pharma's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was €673 Mil.

Royalty Pharma Total Operating Expense Related Terms

Royalty Pharma Total Operating Expense Historical Data

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The historical data trend for Royalty Pharma's Total Operating Expense 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.

Royalty Pharma Total Operating Expense Chart

Royalty Pharma Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only 759.99 1,240.72 790.82 927.43 699.15

Royalty Pharma Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 31.51 319.81 155.18 199.50 -1.65
FRA:RPD
68GF Score
Royalty Pharma PLC FRA:RPD
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Royalty Pharma Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense 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 €673 Mil.

* 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.

What does a Total Operating Expense of €673 Mil mean?
Royalty Pharma (FRA:RPD) has a Total Operating Expense of €673 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Royalty Pharma and its competitors.
Is Royalty Pharma's Total Operating Expense too high?
Royalty Pharma's current Total Operating Expense is €673 Mil. Overall, Royalty Pharma has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Royalty Pharma's Total Operating Expense compare to ROIV and MRNA?
Royalty Pharma's Total Operating Expense of €673 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Biotechnology company?
A good Total Operating Expense depends on the Biotechnology industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Royalty Pharma and its competitors. Royalty Pharma's current Total Operating Expense is €673 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royalty Pharma stock overvalued right now?
Based on GuruFocus' analysis, Royalty Pharma (FRA:RPD) is currently considered Significantly Overvalued. The stock's GF Value™ is €32.74, compared to a current price of €48.66 — trading 48.6% above its estimated fair value. The current Total Operating Expense is €673 Mil. Royalty Pharma's overall GF Score™ is 68/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Royalty Pharma (FRA:RPD), the current Total Operating Expense is €673 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 Royalty Pharma (FRA:RPD) Overvalued in 2026?

Based on GuruFocus' analysis, Royalty Pharma stock appears to be overvalued. The current stock price of €48.66 is trading 48.6% above its estimated GF Value™ of €32.74. GuruFocus considers Royalty Pharma to be Significantly Overvalued.

Key valuation signals for FRA:RPD:

  • Total Operating Expense: €673 Mil
  • GF Value™: €32.74 vs. price of €48.66 (48.6% above fair value)
  • GF Score™: 68/100 with 10 warning signs

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

Royalty Pharma Business Description

Other Exchanges RPRX:USA
Address 110 East 59th Street, New York, NY, USA, 10022
Royalty Pharma PLC is the largest buyer of biopharmaceutical royalties. The firm has a portfolio of royalties that entitles it to payments based on the sales of biopharma products. Royalty Pharma receives royalties on more than 35 commercial products, including AbbVie and Johnson & Johnson's Imbruvica (for chronic lymphocytic leukemia and other blood cancers), Biogen's Tysabri (for relapsing forms of multiple sclerosis), Vertex's cystic fibrosis franchise, and 10 development-stage product candidates.
68GF Score

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

€48.66
Price
€32.74
GF Value