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Royal Gold RGLD Stream interest — Depletion

Other segment segments

Royalty interest
$27.86M+152%

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$18.8M-5.4%
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$432M+60.0%
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$91.34M+7.7%
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$4.61B+19.0%
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VTSDepletion, depreciation, and amortization
$31.19M+17.4%

Other financials

Income statement

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Revenue$469.1M+143%
Gross profit$408.8M+142%
Operating income$297.1M+141%
Net income$281.1M+148%
EPS (diluted)$3.30+91.9%

Balance sheet

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Cash & equivalents$234.1M-2.7%
Total debt$595.7M
Total equity$7.4B+132%
Total assets$9.5B+174%

Cash flow

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Operating cash flow$293.6M+115%

Valuation

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Market cap$16.94B+46.3%
Enterprise value$17.3B
P/E26.7×+1.0×
P/S13×-1.5×

Profitability

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Gross margin87.2%+0.4pp
Operating margin62.2%-0.3pp
Net margin48.5%-3.6pp

Returns & leverage

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Return on equity11.9%-1.1pp
Debt / equity0.1×
Current ratio3.5×-1.2×

Where this comes from

Reported directly by Royal Gold in its filing.

Tagged under the XBRL concept us-gaap:Depletion.

The official record: Royal Gold’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Royal Gold's stream interest — depletion?
Royal Gold (RGLD) reported stream interest — depletion of $53.58M in Q1 2026.
How has Royal Gold's stream interest — depletion changed year-over-year?
Royal Gold's stream interest — depletion increased by 163.2% year-over-year, from $20.35M to $53.58M.
What is the long-term trend for Royal Gold's stream interest — depletion?
Over 4 years (2021 to 2025), Royal Gold's stream interest — depletion has grown at a -7.0% compound annual growth rate (CAGR), from $150.59M to $112.86M.
What does stream interest — depletion mean?
This is the non-cash expense representing the systematic allocation of the cost of stream and royalty interests over the estimated life of the underlying mineral reserves. It reflects the consumption of the asset's economic value as the minerals are extracted.