---
schema_version: "secwatch.filing_event.v1"
accession: "0000085535-25-000015"
form_type: "8-K"
ticker: "RGLD"
cik: "0000085535"
company_name: "ROYAL GOLD INC"
filed_at: "2025-02-13T23:59:59+00:00"
generated_at: "2026-05-26T22:33:19.976244+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Royal Gold reports record FY2024 revenue $719M, net income $332M, repays all debt, raises dividend 12.5%

## Summary
- 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%.

## SEC filing metadata
- accession: 0000085535-25-000015
- form_type: 8-K
- ticker: RGLD
- cik: 0000085535
- company_name: ROYAL GOLD INC
- filed_at: 2025-02-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/85535/000008553525000015/0000085535-25-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/85535/000008553525000015/rgld-20250212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000085535-25-000015
- JSON: https://secwatch.observer/filing/0000085535-25-000015.json
- Plain text: https://secwatch.observer/filing/0000085535-25-000015.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.