undamentalytics Newsletter

Eldorado Gold vs Royal Gold

Eldorado Gold is the larger business, with $1.82bn of revenue in fiscal 2025 against $1.03bn for Royal Gold (1.8 times as much). Royal Gold grew faster (43.2% against 37.5%). Royal Gold kept more of each dollar of sales as profit: a net margin of 45.2% against 27.9%. Royal Gold carries less debt relative to equity (12.6% against 29.8%).

Latest fiscal yearEldorado GoldEGO, 2025Royal GoldRGLD, 2025
Revenue $1.82bn $1.03bn
Revenue growth 37.5% 43.2%
Net income $507m $466m
Operating margin 40.0% 61.9%
Net margin 27.9% 45.2%
Return on equity 12.4% 9.1%
Free cash flow — —
Cash $869m $234m
Total debt $1.28bn $900m
Debt to equity 29.8% 12.6%
Dividend per share — $1.82
Dividend yield — 0.7%
Share buybacks $11.3m —
Employees — 39
Market value $6.48bn $19.61bn
Price vs our value range — Within our value range
Moat score — 62 (Moderate)
Insider trades, 12 months 0 buys, 0 sales 0 buys, 27 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

Go deeper

Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.