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Side-by-side financial comparison of ROYAL GOLD INC (RGLD) and Red Rock Resorts, Inc. (RRR). Click either name above to swap in a different company.

Red Rock Resorts, Inc. is the larger business by last-quarter revenue ($511.8M vs $375.3M, roughly 1.4× ROYAL GOLD INC). ROYAL GOLD INC runs the higher net margin — 24.9% vs 8.7%, a 16.2% gap on every dollar of revenue. On growth, ROYAL GOLD INC posted the faster year-over-year revenue change (85.3% vs 3.2%). Over the past eight quarters, ROYAL GOLD INC's revenue compounded faster (58.8% CAGR vs 2.3%).

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.

Wynn Resorts, Limited is an American publicly traded corporation based in Paradise, Nevada, that is a developer and operator of high-end hotels and casinos. It was founded in 2002 by former Mirage Resorts Chairman and CEO Steve Wynn and is now run by CEO Craig Billings. As of 2020, the company has developed six properties.

RGLD vs RRR — Head-to-Head

Bigger by revenue
RRR
RRR
1.4× larger
RRR
$511.8M
$375.3M
RGLD
Growing faster (revenue YoY)
RGLD
RGLD
+82.0% gap
RGLD
85.3%
3.2%
RRR
Higher net margin
RGLD
RGLD
16.2% more per $
RGLD
24.9%
8.7%
RRR
Faster 2-yr revenue CAGR
RGLD
RGLD
Annualised
RGLD
58.8%
2.3%
RRR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
RGLD
RGLD
RRR
RRR
Revenue
$375.3M
$511.8M
Net Profit
$93.6M
$44.7M
Gross Margin
64.6%
Operating Margin
56.2%
28.1%
Net Margin
24.9%
8.7%
Revenue YoY
85.3%
3.2%
Net Profit YoY
-12.8%
-4.1%
EPS (diluted)
$1.04
$0.74

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
RGLD
RGLD
RRR
RRR
Q4 25
$375.3M
$511.8M
Q3 25
$252.1M
$475.6M
Q2 25
$209.6M
$526.3M
Q1 25
$193.4M
$497.9M
Q4 24
$202.6M
$495.7M
Q3 24
$193.8M
$468.0M
Q2 24
$174.1M
$486.4M
Q1 24
$148.9M
$488.9M
Net Profit
RGLD
RGLD
RRR
RRR
Q4 25
$93.6M
$44.7M
Q3 25
$126.8M
$42.3M
Q2 25
$132.3M
$56.4M
Q1 25
$113.5M
$44.7M
Q4 24
$107.4M
$46.6M
Q3 24
$96.2M
$29.0M
Q2 24
$81.2M
$35.7M
Q1 24
$47.2M
$42.8M
Gross Margin
RGLD
RGLD
RRR
RRR
Q4 25
64.6%
Q3 25
73.6%
Q2 25
72.6%
Q1 25
69.4%
Q4 24
70.3%
Q3 24
66.6%
Q2 24
64.7%
Q1 24
58.4%
Operating Margin
RGLD
RGLD
RRR
RRR
Q4 25
56.2%
28.1%
Q3 25
64.4%
27.6%
Q2 25
67.7%
31.9%
Q1 25
63.6%
31.0%
Q4 24
65.9%
28.7%
Q3 24
61.3%
27.9%
Q2 24
58.6%
28.8%
Q1 24
50.7%
31.8%
Net Margin
RGLD
RGLD
RRR
RRR
Q4 25
24.9%
8.7%
Q3 25
50.3%
8.9%
Q2 25
63.1%
10.7%
Q1 25
58.7%
9.0%
Q4 24
53.0%
9.4%
Q3 24
49.7%
6.2%
Q2 24
46.6%
7.3%
Q1 24
31.7%
8.8%
EPS (diluted)
RGLD
RGLD
RRR
RRR
Q4 25
$1.04
$0.74
Q3 25
$1.92
$0.68
Q2 25
$2.01
$0.95
Q1 25
$1.72
$0.75
Q4 24
$1.63
$0.78
Q3 24
$1.46
$0.48
Q2 24
$1.23
$0.59
Q1 24
$0.72
$0.68

Balance Sheet & Financial Strength

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

Metric
RGLD
RGLD
RRR
RRR
Cash + ST InvestmentsLiquidity on hand
$233.7M
$142.5M
Total DebtLower is stronger
$3.4B
Stockholders' EquityBook value
$7.2B
$208.3M
Total Assets
$9.5B
$4.2B
Debt / EquityLower = less leverage
16.30×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RGLD
RGLD
RRR
RRR
Q4 25
$233.7M
$142.5M
Q3 25
$172.8M
$129.8M
Q2 25
$248.2M
$145.2M
Q1 25
$240.8M
$150.6M
Q4 24
$195.5M
$164.4M
Q3 24
$127.9M
$117.5M
Q2 24
$74.2M
$136.4M
Q1 24
$137.9M
$129.7M
Total Debt
RGLD
RGLD
RRR
RRR
Q4 25
$3.4B
Q3 25
Q2 25
Q1 25
Q4 24
$3.4B
Q3 24
$0
Q2 24
$50.0M
Q1 24
Stockholders' Equity
RGLD
RGLD
RRR
RRR
Q4 25
$7.2B
$208.3M
Q3 25
$3.4B
$219.6M
Q2 25
$3.3B
$203.4M
Q1 25
$3.2B
$247.1M
Q4 24
$3.1B
$215.1M
Q3 24
$3.0B
$175.5M
Q2 24
$3.0B
$159.0M
Q1 24
$2.9B
$135.2M
Total Assets
RGLD
RGLD
RRR
RRR
Q4 25
$9.5B
$4.2B
Q3 25
$4.5B
$4.1B
Q2 25
$3.6B
$4.0B
Q1 25
$3.5B
$4.1B
Q4 24
$3.4B
$4.0B
Q3 24
$3.3B
$4.0B
Q2 24
$3.3B
$4.0B
Q1 24
$3.3B
$4.0B
Debt / Equity
RGLD
RGLD
RRR
RRR
Q4 25
16.30×
Q3 25
Q2 25
Q1 25
Q4 24
15.84×
Q3 24
0.00×
Q2 24
0.02×
Q1 24

Cash Flow & Capital Efficiency

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

Metric
RGLD
RGLD
RRR
RRR
Operating Cash FlowLast quarter
$241.7M
$156.6M
Free Cash FlowOCF − Capex
$77.7M
FCF MarginFCF / Revenue
15.2%
Capex IntensityCapex / Revenue
15.4%
Cash ConversionOCF / Net Profit
2.58×
3.51×
TTM Free Cash FlowTrailing 4 quarters
$290.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RGLD
RGLD
RRR
RRR
Q4 25
$241.7M
$156.6M
Q3 25
$174.0M
$168.3M
Q2 25
$152.8M
$158.4M
Q1 25
$136.4M
$126.2M
Q4 24
$141.1M
$148.2M
Q3 24
$136.7M
$131.0M
Q2 24
$113.5M
$142.5M
Q1 24
$138.3M
$126.5M
Free Cash Flow
RGLD
RGLD
RRR
RRR
Q4 25
$77.7M
Q3 25
$74.6M
Q2 25
$80.3M
Q1 25
$58.0M
Q4 24
$121.4M
Q3 24
$50.7M
Q2 24
$64.0M
Q1 24
$28.4M
FCF Margin
RGLD
RGLD
RRR
RRR
Q4 25
15.2%
Q3 25
15.7%
Q2 25
15.3%
Q1 25
11.6%
Q4 24
24.5%
Q3 24
10.8%
Q2 24
13.1%
Q1 24
5.8%
Capex Intensity
RGLD
RGLD
RRR
RRR
Q4 25
15.4%
Q3 25
19.7%
Q2 25
14.9%
Q1 25
13.7%
Q4 24
5.4%
Q3 24
17.2%
Q2 24
16.2%
Q1 24
20.1%
Cash Conversion
RGLD
RGLD
RRR
RRR
Q4 25
2.58×
3.51×
Q3 25
1.37×
3.98×
Q2 25
1.15×
2.81×
Q1 25
1.20×
2.82×
Q4 24
1.31×
3.18×
Q3 24
1.42×
4.53×
Q2 24
1.40×
4.00×
Q1 24
2.93×
2.95×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

RRR
RRR

Casino$343.0M67%
Food And Beverage$93.3M18%
Occupancy$47.2M9%
Hotel Other$24.6M5%

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