Royal Gold Competitors
| RGLD Stock | USD 232.99 5.61 2.47% |
Pair Correlation for Royal Gold and Equinox Gold Summary
Very poor diversification
Royal Gold currently posts a 0.85 correlation with Equinox Gold, indicating a Very poor diversification relationship for the active sample. This chart helps evaluate whether adding Equinox Gold genuinely reduces risk relative to holding Royal Gold alone.
Moving together with Royal Stock
Statistical evidence for mean reversion in Royal Gold's can be observed through its tendency to revert after extreme valuations. Investors who believe in mean reversion view Royal Gold's price extremes as temporary dislocations that may self-correct. Valuation-driven investors use mean reversion to time Royal Gold's investments around historical valuation multiples. Historical data for Royal Gold shows that extreme valuations have tended to normalize over multi-year periods.
Royal Gold Competition Correlation Matrix
Competition correlation for Royal Gold matters because related securities often respond to the same industry, factor, or macro drivers even when their business stories differ. A reading near +1 usually means prices have moved in tandem, a reading near -1 suggests opposite movement, and a reading near zero points to weaker historical dependence.
Risk-Adjusted Indicators
Headline performance for Royal Stock may not fully reflect how the business compares across its competitive set. Risk-adjusted metrics help compare Royal Gold's efficiency and downside exposure against peers on a like-for-like basis. These indicators are quantitative in nature and help investors evaluate volatility and risk-adjusted expected returns across different positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HMY | 3.44 | -0.29 | 0.00 | -0.19 | 0.00 | 5.71 | 20.68 | |||
| AGI | 3.21 | 0.33 | 0.06 | 0.14 | 4.84 | 5.72 | 17.91 | |||
| CDE | 3.73 | 0.34 | 0.04 | 0.06 | 5.02 | 7.42 | 29.29 | |||
| JHX | 1.78 | -0.07 | 0.00 | 0.13 | 0.00 | 4.19 | 11.16 | |||
| SUZ | 1.38 | 0.14 | 0.09 | 0.11 | 1.54 | 3.00 | 17.75 | |||
| PAAS | 3.19 | 0.24 | 0.04 | 0.06 | 4.89 | 6.12 | 21.61 | |||
| ALB | 3.01 | 0.55 | 0.13 | 0.26 | 3.70 | 5.67 | 17.63 | |||
| HL | 4.21 | 0.22 | 0.02 | 0.03 | 5.16 | 8.35 | 27.28 | |||
| NGD | 4.13 | 0.80 | 0.16 | 1.95 | 4.56 | 7.79 | 29.39 | |||
| EQX | 3.47 | 0.08 | 0.01 | 0.00 | 4.82 | 6.79 | 20.53 |
Peer Comparison: Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Royal Gold financial statement analysis. It represents the amount of money remaining after all of Royal Gold operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Compare Royal Gold and related stocks such as Harmony Gold Mining, Alamos Gold, and Coeur Mining Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HMY | -18.8 M | 2.8 B | -2.2 B | -1.3 B | -4.9 B | 946.5 M | 221.3 M | -4.4 B | -2.6 B | -878 M | 5.1 B | -1.1 B | 4.8 B | 8.6 B | 14.4 B | 16.5 B | 17.4 B |
| AGI | -500 K | 60.1 M | 118 M | 38.8 M | -169.6 M | -508.9 M | -17.9 M | 26.6 M | -72.6 M | 96.1 M | 144.2 M | -66.7 M | 37.1 M | 210 M | 284.3 M | 889.4 M | 933.9 M |
| CDE | -700 K | 93.5 M | 48.7 M | -650.6 M | -1.2 B | -367.2 M | 55.4 M | -1.3 M | -48.4 M | -341.2 M | 25.6 M | -31.3 M | -78.1 M | -103.6 M | 58.9 M | 585.9 M | 615.2 M |
| JHX | 96.1 M | 604.3 M | 45.5 M | 99.5 M | 291.3 M | 244.4 M | 276.5 M | 146.1 M | 228.8 M | 241.5 M | 262.8 M | 459.1 M | 512 M | 510.2 M | 424 M | 487.6 M | 512 M |
| SUZ | 499.6 M | 29.9 M | -182.1 M | -220.5 M | -261.5 M | -925.4 M | 1.7 B | 1.8 B | 319.7 M | -2.8 B | -10.7 B | 8.6 B | 23.4 B | 14.1 B | -7.1 B | 13.1 B | 13.8 B |
| PAAS | -900 K | 352.5 M | 87.4 M | -445.9 M | -545.6 M | -226.7 M | 100.1 M | 121 M | 10.3 M | 110.7 M | 177.9 M | 97.4 M | -340.1 M | -103.7 M | 111.5 M | 995.1 M | 1 B |
| ALB | 21.8 M | 392.1 M | 311.5 M | 413.2 M | 133.3 M | 334.9 M | 643.7 M | 54.9 M | 693.6 M | 533.2 M | 375.8 M | 123.7 M | 2.7 B | 1.6 B | -1.2 B | -510.6 M | -485.1 M |
| HL | -4.2 M | 151.2 M | 15 M | -25.1 M | 17.8 M | -87 M | 69.5 M | -23.5 M | -26.6 M | -94.9 M | -9.5 M | 35.1 M | -37.3 M | -84.2 M | 35.8 M | 321.7 M | 337.8 M |
| NGD | -40 K | 179 M | 199 M | -191.2 M | -477.1 M | -201.4 M | 2.7 M | -108 M | -1.2 B | -73.5 M | -79.3 M | 140.6 M | -66.8 M | -64.5 M | 102.6 M | 857.9 M | 900.8 M |
| EQX | -9 K | -225.1 K | -397.5 K | -5.7 M | -3.8 M | -5.3 M | -2.4 M | -16.7 M | -49.8 M | -18.4 M | 22.3 M | 554.9 M | -106 M | 28.9 M | 339.3 M | 225.3 M | 236.6 M |
Royal Gold Competitive Analysis
A side-by-side look at Royal Gold, Harmony Gold, Alamos Gold, and Coeur Mining highlights where each stock leads or lags. Royal Gold enters the comparison at 19.76 B with 1.03 B in revenue. Profitability stands at a 42.48% net margin with return on equity reaching 10.99%. Top-line revenue favors Harmony Gold by a wide margin: 73.90 B to 1.03 B. Alamos Gold leads with 22.06% return on equity versus 10.99% for Royal Gold. Royal Gold keeps more of each revenue dollar with a 42.48% margin versus 28.30% at Coeur Mining.| Better Than Average | Worse Than Peers | View Performance Chart |
Royal Gold Competition Peer Performance Charts
How to Analyze Royal Gold Against Peers
Royal Gold's peer analysis compares Royal Gold with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:- Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
- Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
- Check valuation dispersion: Review whether Royal Gold trades at a premium or discount versus peers and why.
- Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
- Document the thesis: Record where Royal Gold leads or lags and what catalysts could close or widen the gap.
Peer Comparison Metrics & Methodology
Royal Gold's beta is lower than the peer group average, meaning its stock tends to swing less during broad market moves. Comparative analysis works best when peers share business drivers, cycle exposure, and capital structure characteristics. For peer comparison, Royal Gold has a market cap of 19.76 B, P/E of 28.1, profit margin of 42.48%.
Data shown for Royal Gold is aggregated from periodic company reporting and market reference feeds and normalized across reporting formats. Source publication timing can introduce delays.