Royal Gold, Inc. (RGLD) vs Steel Dynamics, Inc. (STLD)
A side-by-side comparison of Royal Gold, Inc. and Steel Dynamics, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 23, 2026. Differences are shown without an overall score or investment verdict.
RGLD
Royal Gold, Inc.
$259.01Basic MaterialsAt close: Aug 21, 2026, 4:00 PM ET
STLD
Steel Dynamics, Inc.
$228.68Basic MaterialsAt close: Aug 21, 2026, 4:00 PM ET
Total return — RGLD vs STLD
growth of $100 · dividends reinvested · last 10yRGLD +248.8% (+13.3%/yr)STLD +1010.8% (+27.2%/yr)STLD compounded faster over this window
RGLD STLD
RGLD vs STLD: by the numbers
- •STLD is the larger company ($32.78B vs $21.98B market cap).
- •STLD trades at the lower trailing earnings multiple (20.73 vs 28.28 P/E), one valuation lens rather than an overall verdict.
- •RGLD converts more revenue to profit (47.70% vs 7.83% net margin).
- •RGLD grew revenue faster over the past five years (20.30% vs 9.68% CAGR).
- •STLD pays the higher dividend yield (0.90% vs 0.72%).
Metrics side by side
Valuation
| Metric | RGLD | STLD |
|---|---|---|
| P/E ratio | 28.28 | 20.73 |
| Forward P/E | 24.62 | 13.63 |
| P/S ratio | 14.24 | 1.61 |
| P/B ratio | 2.90 | 3.51 |
| EV / EBITDA | 17.42 | 13.20 |
| FCF yield | 0.00% | 2.89% |
Profitability
| Metric | RGLD | STLD |
|---|---|---|
| Gross margin | 66.79% | 14.62% |
| Operating margin | 63.14% | 10.57% |
| Net margin | 47.70% | 7.83% |
| ROE | 9.73% | 17.06% |
| ROIC | 8.58% | 10.79% |
Dividends
| Metric | RGLD | STLD |
|---|---|---|
| Dividend yield | 0.72% | 0.90% |
| Payout ratio | 27.99% | 25.69% |
Growth (annualized)
| Metric | RGLD | STLD |
|---|---|---|
| Revenue CAGR (5Y) | 20.30% | 9.68% |
| EPS CAGR (5Y) | 7.77% | 25.18% |
| FCF CAGR (5Y) | -69.96% | 26.72% |
| Total return CAGR (5Y) | 20.36% | 29.76% |
Frequently asked
- Which has the lower trailing P/E, RGLD or STLD?
- STLD has the lower trailing P/E: RGLD trades at 28.28 and STLD at 20.73. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, RGLD or STLD?
- Over the past five years, RGLD grew revenue faster — RGLD at a 20.30% CAGR versus STLD at 9.68%.
- Does RGLD or STLD pay a bigger dividend?
- RGLD yields 0.72% and STLD yields 0.90% based on trailing dividends and the latest price.
- Is RGLD or STLD more profitable?
- RGLD runs the higher net margin — RGLD at 47.70% versus STLD at 7.83%.
- How have RGLD and STLD total returns compared?
- Over the past 10 years, RGLD delivered 13.31% and STLD delivered 27.34% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Royal Gold P/E ratioSteel Dynamics P/E ratioRoyal Gold dividend yieldSteel Dynamics dividend yieldRoyal Gold ROESteel Dynamics ROERoyal Gold operating marginSteel Dynamics operating marginRoyal Gold revenue growthSteel Dynamics revenue growthRoyal Gold free cash flowSteel Dynamics free cash flow
Royal Gold & Steel Dynamics appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 23, 2026.