Business Segments · Depletion
Royalty interest — Depletion
Royal Gold Royalty interest — Depletion increased by 32.9% to $37.03M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 194.8%, from $12.56M to $37.03M. Over 4 years (FY 2021 to FY 2025), Royalty interest — Depletion shows an upward trend with a 18.2% CAGR.
Analysis
StatementSegment
CategoryProfitability
SignalContext dependent
VolatilityModerate
First reportedQ1 2017
Last reportedQ1 2026
How to read this metric
An increase typically correlates with higher production volumes, though it can also be influenced by changes in reserve estimates or asset acquisition costs.
Detailed definition
This represents the non-cash accounting charge allocated to the cost of royalty and streaming assets as the underlying m...
Peer comparison
Comparable to 'Depletion, Depreciation, and Amortization' (DD&A) in the mining and natural resources sector.
Metric ID:
rgld_segment_royalty_interest_depletionHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $9.19M | $8.60M | $6.23M | $11.49M | $6.08M | $5.06M | $12.29M | $12.46M | $8.95M | $9.56M | $12.42M | $11.28M | $9.53M | $9.42M | $11.05M | $12.56M | $11.80M | $11.53M | $27.86M | $37.03M |
| QoQ Change | — | -6.5% | -27.6% | +84.5% | -47.1% | -16.7% | +142.8% | +1.4% | -28.2% | +6.8% | +30.0% | -9.2% | -15.5% | -1.2% | +17.4% | +13.7% | -6.1% | -2.3% | +141.5% | +32.9% |
| YoY Change | — | — | — | — | -33.9% | -41.1% | +97.4% | +8.5% | +47.2% | +88.7% | +1.0% | -9.5% | +6.6% | -1.5% | -11.0% | +11.3% | +23.8% | +22.5% | +152.0% | +194.8% |
Range$5.06M – $37.03M
CAGR+34.1%
Avg YoY Growth+34.8%
Median YoY Growth+9.9%
Current Streak2 quarters growth
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Frequently Asked Questions
- What is Royal Gold's royalty interest — depletion?
- Royal Gold (RGLD) reported royalty interest — depletion of $37.03M in Q1 2026.
- How has Royal Gold's royalty interest — depletion changed year-over-year?
- Royal Gold's royalty interest — depletion increased by 194.8% year-over-year, from $12.56M to $37.03M.
- What is the long-term trend for Royal Gold's royalty interest — depletion?
- Over 4 years (2021 to 2025), Royal Gold's royalty interest — depletion has grown at a 18.2% compound annual growth rate (CAGR), from $32.62M to $63.75M.
- What does royalty interest — depletion mean?
- The non-cash expense reflecting the consumption of mineral reserves over time.