Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 62.13% is 12% above its 5-year average of 55.63%, around the middle of its 5-year range (45.70%–69.48%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.65% below its 12-month average of 64.49%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
62.13%
OPERATING MARGIN AVG TTM
64.49%
OPERATING MARGIN AVG 3Y
59.63%
OPERATING MARGIN AVG 5Y
55.63%
OPERATING MARGIN AVG 10Y
47.50%
OPERATING MARGIN AVG 15Y
48.09%
OPERATING MARGIN AVG 20Y
48.80%
CURRENT VS TTM AVG
-3.65%
CURRENT VS 3Y AVG
+4.20%
CURRENT VS 5Y AVG
+11.68%
CURRENT VS 10Y AVG
+30.82%
CURRENT VS 15Y AVG
+29.21%
CURRENT VS 20Y AVG
+27.32%
SECTOR MEDIAN · BASIC MATERIALS
14.71%
median of 45 covered companies
CURRENT VS SECTOR MEDIAN
+322.39%
vs the sector median at left
Royal Gold, Inc.
Market Cap
$21.98B
Operating Margin
62.13%
TTM Avg
64.49%
3Y Avg
59.63%
5Y Avg
55.63%
Market Cap
$21.97B
Operating Margin
-11.45%
TTM Avg
-4.38%
3Y Avg
1.45%
5Y Avg
3.56%
Market Cap
$21.80B
Operating Margin
3.24%
TTM Avg
1.71%
3Y Avg
5.24%
5Y Avg
6.88%
Market Cap
$21.52B
Operating Margin
7.78%
TTM Avg
7.20%
3Y Avg
-3.66%
5Y Avg
0.25%
Market Cap
$19.92B
Operating Margin
38.12%
TTM Avg
31.40%
3Y Avg
37.10%
5Y Avg
32.72%
Market Cap
$19.80B
Operating Margin
7.88%
TTM Avg
7.83%
3Y Avg
10.53%
5Y Avg
10.70%
Market Cap
$24.46B
Operating Margin
22.47%
TTM Avg
20.30%
3Y Avg
14.38%
5Y Avg
6.55%
Market Cap
$25.26B
Operating Margin
12.48%
TTM Avg
14.04%
3Y Avg
12.82%
5Y Avg
12.37%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Royal Gold, Inc. (RGLD) | $21.98B | 62.13% | 64.49% | 59.63% | 55.63% |
| International Paper Company (IP)vs › | $21.97B | -11.45% | -4.38% | 1.45% | 3.56% |
| LyondellBasell Industries N.V. (LYB)vs › | $21.80B | 3.24% | 1.71% | 5.24% | 6.88% |
| International Flavors & Fragrances Inc. (IFF)vs › | $21.52B | 7.78% | 7.20% | -3.66% | 0.25% |
| Dow Inc. (DOW)vs › | $23.37B | -0.08% | 2.73% | 5.11% | 6.91% |
| CF Industries Holdings, Inc. (CF)vs › | $19.92B | 38.12% | 31.40% | 37.10% | 32.72% |
| Reliance Steel & Aluminum Co. (RS)vs › | $19.80B | 7.88% | 7.83% | 10.53% | 10.70% |
| Carpenter Technology Corporation (CRS)vs › | $24.46B | 22.47% | 20.30% | 14.38% | 6.55% |
| PPG Industries, Inc. (PPG)vs › | $25.26B | 12.48% | 14.04% | 12.82% | 12.37% |
| DuPont de Nemours, Inc. (DD)vs › | $18.68B | 14.71% | 13.66% | 14.27% | 14.36% |
Gross Margin
66.8%
Operating Margin
62.1%
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | OPERATING MARGIN |
|---|---|
| 2026-06-30 | 62.13% |
| 2026-03-31 | 63.33% |
| 2025-12-31 | 59.84% |
| 2025-09-30 | 69.48% |
| 2025-06-30 | 67.66% |
| 2025-03-31 | 64.23% |
| 2024-12-31 | 65.88% |
| 2024-09-30 | 61.80% |
| 2024-06-30 | 59.17% |
| 2024-03-31 | 51.22% |
| 2023-12-31 | 52.20% |
| 2023-09-30 | 47.87% |
| 2023-06-30 | 50.36% |
| 2023-03-31 | 51.10% |
| 2022-12-31 | 45.70% |
| 2022-09-30 | 47.41% |
| 2022-06-30 | 46.83% |
| 2022-03-31 | 50.32% |
| 2021-12-31 | 50.53% |
| 2021-09-30 | 50.11% |
| 2021-06-30 | 51.16% |
| 2021-03-31 | 50.48% |
| 2020-12-31 | 48.85% |
| 2020-09-30 | 70.27% |
| 2020-06-30 | 37.16% |
| 2020-03-31 | 38.56% |
| 2019-12-31 | 43.46% |
| 2019-09-30 | 41.45% |
| 2019-06-30 | 35.48% |
| 2019-03-31 | 39.72% |
| 2018-12-31 | 32.53% |
| 2018-09-30 | 25.67% |
| 2018-06-30 | 31.37% |
| 2018-03-31 | -167.41% |
| 2017-12-31 | 36.01% |
| 2017-09-30 | 37.27% |
| 2017-06-30 | 31.91% |
| 2017-03-31 | 33.73% |
| 2016-12-31 | 32.37% |
| 2016-09-30 | 34.82% |
| 2016-06-30 | 30.44% |
| 2016-03-31 | 26.00% |
| 2015-12-31 | 27.98% |
| 2015-09-30 | 29.24% |
| 2015-06-30 | 38.03% |
| 2015-03-31 | 43.94% |
| 2014-12-31 | -3.39% |
| 2014-09-30 | 43.87% |
| 2014-06-30 | 45.92% |
| 2014-03-31 | 51.07% |
| 2013-12-31 | 44.77% |
| 2013-09-30 | 47.05% |
| 2013-06-30 | 54.00% |
| 2013-03-31 | 59.84% |
| 2012-12-31 | 65.23% |
| 2012-09-30 | 63.20% |
| 2012-06-30 | 61.73% |
| 2012-03-31 | 61.59% |
| 2011-12-31 | 57.26% |
| 2011-09-30 | 58.12% |
| 2011-06-30 | 58.43% |
| 2011-03-31 | 57.39% |
| 2010-12-31 | 56.12% |
| 2010-09-30 | 45.90% |
| 2010-06-30 | 87.82% |
| 2010-03-31 | -3.51% |
| 2009-12-31 | 43.76% |
| 2009-09-30 | 41.18% |
| 2009-06-30 | 41.77% |
| 2009-03-31 | 34.33% |
| 2008-12-31 | 16.32% |
| 2008-09-30 | 52.64% |
| 2008-06-30 | 54.34% |
| 2008-03-31 | 48.06% |
| 2007-12-31 | 43.43% |
| 2007-09-30 | 56.51% |
| 2007-06-30 | 58.10% |
| 2007-03-31 | 50.77% |
| 2006-12-31 | 60.96% |
| 2006-09-30 | 66.82% |
| 2006-06-30 | 53.20% |
| 2006-03-31 | 30.25% |
| 2005-12-31 | 42.94% |
| 2005-09-30 | 59.25% |
| 2005-06-30 | 66.01% |
| 2005-03-31 | 58.63% |
| 2004-12-31 | 48.94% |
| 2004-09-30 | 56.26% |
| 2004-06-30 | 59.54% |
| 2004-03-31 | 64.03% |
| 2003-12-31 | 57.45% |
| 2003-09-30 | 43.60% |
| 2003-06-30 | 31.52% |
| 2003-03-31 | 63.12% |
| 2002-12-31 | 51.29% |
| 2002-09-30 | 57.28% |
