ROYAL GOLD INC

Mineral Royalty Traders·DENVER, CO·FY end 12/31·CIK 85535

CEO Pay Ratio

2:1

William Heissenbuttel

CEO Total Comp

$5.2M

William Heissenbuttel

Median Employee

$467,055

Revenue

$1.0B

FY 2025

Net Income

$466.3M

FY 2025

Free Cash Flow

—

FY 2025

Net Margin

45.2%

Insider Net (180d)

0 buys / 0 sales

CEO Pay Accountability

CEO comp as % of net income

1.12%

For every $1,000 of profit, $11.22 flows to the CEO.

CEO comp as % of buybacks

—

No buyback data for the most recent fiscal year.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$1.0B	$719.4M	$605.7M	$603.2M	$615.9M
Gross Profit	$714.3M	$471.2M	$343.4M	$323.1M	$333.0M
Operating Income	$638.2M	$429.9M	$303.2M	$283.7M	$337.6M
Net Income	$466.3M	$332.0M	$239.4M	$239.0M	$302.5M
Operating CF	$704.8M	$529.5M	$415.8M	$417.3M	$407.2M
Capex	—	—	—	—	—	—
Free Cash Flow	—	—	—	—	—	—
Buybacks	—	—	—	—	—	—
Dividends	$118.5M	$105.2M	$98.6M	$91.9M	$76.1M

Gross Margin	69.3%	65.5%	56.7%	53.6%	54.1%
Operating Margin	61.9%	59.8%	50.1%	47.0%	54.8%
Net Margin	45.2%	46.2%	39.5%	39.6%	49.1%
FCF Margin	—	—	—	—	—	—
R&D / Revenue	—	—	—	—	—	—
Effective Tax	17.8%	22.0%	14.9%	12.1%	10.9%
Debt / Equity	0.13	—	0.09	0.21	—
Buybacks / FCF	—	—	—	—	—	—

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
William HeissenbuttelPresident and CEO	$918.0K	$2.8M	—	$1.5M	$52.6K	$5.2M
Daniel BreezeSVP Corp Dev, RGLD Gold AG	$552.6K	$1.1M	—	$740.2K	$67.1K	$2.5M
Paul LibnerSVP and CFO	$492.0K	$1.1M	—	$665.0K	$42.6K	$2.3M
Randy ShefmanSVP and GC	$475.0K	$1.0M	—	$642.0K	$44.4K	$2.2M
Martin RaffieldSVP Operations	$475.0K	$1.0M	—	$641.0K	$44.3K	$2.2M