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Side-by-side financial comparison of ALBANY INTERNATIONAL CORP (AIN) and ROYAL GOLD INC (RGLD). Click either name above to swap in a different company.

ROYAL GOLD INC is the larger business by last-quarter revenue ($375.3M vs $321.2M, roughly 1.2× ALBANY INTERNATIONAL CORP). ROYAL GOLD INC runs the higher net margin — 24.9% vs 4.3%, a 20.6% gap on every dollar of revenue. On growth, ROYAL GOLD INC posted the faster year-over-year revenue change (85.3% vs 12.0%). Over the past eight quarters, ROYAL GOLD INC's revenue compounded faster (58.8% CAGR vs 1.2%).

Albany International Corp is a global advanced materials and industrial technology company. It operates two core segments: Machine Clothing producing custom engineered fabrics for paper and other industrial manufacturing processes, and Engineered Composites developing high-performance composite components primarily for the aerospace and defense sectors, serving customers across North America, Europe, Asia and other global regions.

Royal Gold Inc. is a leading precious metals streaming and royalty firm that acquires and manages a diversified portfolio of streaming interests, royalties, and equity interests tied to mining projects. Its assets cover gold, silver, and copper production across North America, South America, Africa, and Australia, operating with a low-risk model that avoids direct mining operations.

AIN vs RGLD — Head-to-Head

Bigger by revenue
RGLD
RGLD
1.2× larger
RGLD
$375.3M
$321.2M
AIN
Growing faster (revenue YoY)
RGLD
RGLD
+73.3% gap
RGLD
85.3%
12.0%
AIN
Higher net margin
RGLD
RGLD
20.6% more per $
RGLD
24.9%
4.3%
AIN
Faster 2-yr revenue CAGR
RGLD
RGLD
Annualised
RGLD
58.8%
1.2%
AIN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AIN
AIN
RGLD
RGLD
Revenue
$321.2M
$375.3M
Net Profit
$13.9M
$93.6M
Gross Margin
31.1%
64.6%
Operating Margin
9.3%
56.2%
Net Margin
4.3%
24.9%
Revenue YoY
12.0%
85.3%
Net Profit YoY
-21.5%
-12.8%
EPS (diluted)
$0.56
$1.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AIN
AIN
RGLD
RGLD
Q4 25
$321.2M
$375.3M
Q3 25
$261.4M
$252.1M
Q2 25
$311.4M
$209.6M
Q1 25
$288.8M
$193.4M
Q4 24
$286.9M
$202.6M
Q3 24
$298.4M
$193.8M
Q2 24
$332.0M
$174.1M
Q1 24
$313.3M
$148.9M
Net Profit
AIN
AIN
RGLD
RGLD
Q4 25
$13.9M
$93.6M
Q3 25
$-97.8M
$126.8M
Q2 25
$9.2M
$132.3M
Q1 25
$17.4M
$113.5M
Q4 24
$17.7M
$107.4M
Q3 24
$18.0M
$96.2M
Q2 24
$24.6M
$81.2M
Q1 24
$27.3M
$47.2M
Gross Margin
AIN
AIN
RGLD
RGLD
Q4 25
31.1%
64.6%
Q3 25
-19.1%
73.6%
Q2 25
31.3%
72.6%
Q1 25
33.4%
69.4%
Q4 24
31.5%
70.3%
Q3 24
30.3%
66.6%
Q2 24
33.9%
64.7%
Q1 24
34.7%
58.4%
Operating Margin
AIN
AIN
RGLD
RGLD
Q4 25
9.3%
56.2%
Q3 25
-44.6%
64.4%
Q2 25
7.2%
67.7%
Q1 25
9.8%
63.6%
Q4 24
8.5%
65.9%
Q3 24
8.4%
61.3%
Q2 24
12.9%
58.6%
Q1 24
12.4%
50.7%
Net Margin
AIN
AIN
RGLD
RGLD
Q4 25
4.3%
24.9%
Q3 25
-37.4%
50.3%
Q2 25
2.9%
63.1%
Q1 25
6.0%
58.7%
Q4 24
6.2%
53.0%
Q3 24
6.0%
49.7%
Q2 24
7.4%
46.6%
Q1 24
8.7%
31.7%
EPS (diluted)
AIN
AIN
RGLD
RGLD
Q4 25
$0.56
$1.04
Q3 25
$-3.37
$1.92
Q2 25
$0.31
$2.01
Q1 25
$0.56
$1.72
Q4 24
$0.57
$1.63
Q3 24
$0.57
$1.46
Q2 24
$0.79
$1.23
Q1 24
$0.87
$0.72

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AIN
AIN
RGLD
RGLD
Cash + ST InvestmentsLiquidity on hand
$112.3M
$233.7M
Total DebtLower is stronger
$455.7M
Stockholders' EquityBook value
$726.2M
$7.2B
Total Assets
$1.7B
$9.5B
Debt / EquityLower = less leverage
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIN
AIN
RGLD
RGLD
Q4 25
$112.3M
$233.7M
Q3 25
$108.3M
$172.8M
Q2 25
$106.7M
$248.2M
Q1 25
$119.4M
$240.8M
Q4 24
$115.3M
$195.5M
Q3 24
$127.2M
$127.9M
Q2 24
$116.4M
$74.2M
Q1 24
$125.4M
$137.9M
Total Debt
AIN
AIN
RGLD
RGLD
Q4 25
$455.7M
Q3 25
$480.6M
Q2 25
$444.7M
Q1 25
$416.4M
Q4 24
$318.5M
Q3 24
$362.2M
$0
Q2 24
$377.1M
$50.0M
Q1 24
$439.1M
Stockholders' Equity
AIN
AIN
RGLD
RGLD
Q4 25
$726.2M
$7.2B
Q3 25
$739.3M
$3.4B
Q2 25
$888.6M
$3.3B
Q1 25
$900.0M
$3.2B
Q4 24
$943.5M
$3.1B
Q3 24
$991.0M
$3.0B
Q2 24
$967.5M
$3.0B
Q1 24
$967.5M
$2.9B
Total Assets
AIN
AIN
RGLD
RGLD
Q4 25
$1.7B
$9.5B
Q3 25
$1.7B
$4.5B
Q2 25
$1.7B
$3.6B
Q1 25
$1.7B
$3.5B
Q4 24
$1.6B
$3.4B
Q3 24
$1.8B
$3.3B
Q2 24
$1.8B
$3.3B
Q1 24
$1.8B
$3.3B
Debt / Equity
AIN
AIN
RGLD
RGLD
Q4 25
0.63×
Q3 25
0.65×
Q2 25
0.50×
Q1 25
0.46×
Q4 24
0.34×
Q3 24
0.37×
0.00×
Q2 24
0.39×
0.02×
Q1 24
0.45×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AIN
AIN
RGLD
RGLD
Operating Cash FlowLast quarter
$73.7M
$241.7M
Free Cash FlowOCF − Capex
$51.4M
FCF MarginFCF / Revenue
16.0%
Capex IntensityCapex / Revenue
6.9%
Cash ConversionOCF / Net Profit
5.31×
2.58×
TTM Free Cash FlowTrailing 4 quarters
$82.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIN
AIN
RGLD
RGLD
Q4 25
$73.7M
$241.7M
Q3 25
$43.9M
$174.0M
Q2 25
$32.7M
$152.8M
Q1 25
$2.1M
$136.4M
Q4 24
$78.5M
$141.1M
Q3 24
$47.0M
$136.7M
Q2 24
$83.4M
$113.5M
Q1 24
$9.6M
$138.3M
Free Cash Flow
AIN
AIN
RGLD
RGLD
Q4 25
$51.4M
Q3 25
$25.9M
Q2 25
$18.8M
Q1 25
$-13.5M
Q4 24
$60.2M
Q3 24
$31.6M
Q2 24
$63.6M
Q1 24
$-17.3M
FCF Margin
AIN
AIN
RGLD
RGLD
Q4 25
16.0%
Q3 25
9.9%
Q2 25
6.0%
Q1 25
-4.7%
Q4 24
21.0%
Q3 24
10.6%
Q2 24
19.2%
Q1 24
-5.5%
Capex Intensity
AIN
AIN
RGLD
RGLD
Q4 25
6.9%
Q3 25
6.9%
Q2 25
4.5%
Q1 25
5.4%
Q4 24
6.4%
Q3 24
5.2%
Q2 24
6.0%
Q1 24
8.6%
Cash Conversion
AIN
AIN
RGLD
RGLD
Q4 25
5.31×
2.58×
Q3 25
1.37×
Q2 25
3.56×
1.15×
Q1 25
0.12×
1.20×
Q4 24
4.44×
1.31×
Q3 24
2.61×
1.42×
Q2 24
3.39×
1.40×
Q1 24
0.35×
2.93×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AIN
AIN

Transferred At Point In Time$176.5M55%
Engineered Composites Other$99.3M31%
Engineered Composites ASC$44.5M14%
Transferred Over Time$1.0M0%

RGLD
RGLD

Gold$216.9M58%
Pueblo Viejo$47.3M13%
Andacollo$32.6M9%
Silver$32.1M9%
Other$27.2M7%
Copper$13.7M4%
Cortez Legacy Zone$5.4M1%

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