earnings
confidence high
sentiment positive
materiality 0.90
Royal Gold reports record FY2024 revenue $719M, net income $332M, repays all debt, raises dividend 12.5%
ROYAL GOLD INC
2024-FY EPS reported
$5.04
revenue$719,395,000
- FY2024 record revenue $719.4M (+19% YoY), net income $332M ($5.04 EPS), operating cash flow $529.5M (+27%).
- Q4 2024 record net income $107.4M ($1.63 EPS) on revenue $202.6M; operating cash flow $141.1M.
- Repaid $250M debt, reducing total debt to $0; paid $1.60/share dividend for 2024, raised 2025 dividend 12.5% to $1.80/share.
- Acquired royalty interests on Back River Gold District and Cactus Project; first revenue from new mines Mara Rosa, Côté Gold, Manh Choh.
- Revenue split: 76% gold, 12% silver, 9% copper; sold 301,500 GEOs; adjusted EBITDA margin 81%.