Alamos Gold vs Royal Gold
Alamos Gold is the larger business, with $1.81bn of revenue in fiscal 2025 against $1.03bn for Royal Gold (1.8 times as much). Royal Gold grew faster (43.2% against 34.3%). Alamos Gold kept more of each dollar of sales as profit: a net margin of 49.0% against 45.2%. Alamos Gold carries less debt relative to equity (4.5% against 12.6%).
| Latest fiscal year | Alamos GoldAGI, 2025 | Royal GoldRGLD, 2025 |
|---|---|---|
| Revenue | $1.81bn | $1.03bn |
| Revenue growth | 34.3% | 43.2% |
| Net income | $886m | $466m |
| Operating margin | 60.7% | 61.9% |
| Net margin | 49.0% | 45.2% |
| Return on equity | 22.1% | 9.1% |
| Free cash flow | $288m | — |
| Cash | $623m | $234m |
| Total debt | $200m | $900m |
| Debt to equity | 4.5% | 12.6% |
| Dividend per share | — | $1.82 |
| Dividend yield | 0.3% | 0.7% |
| Share buybacks | — | — |
| Employees | — | 39 |
| Market value | $11.46bn | $19.61bn |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | — | 62 (Moderate) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 27 sales |