vs

Side-by-side financial comparison of ROYAL GOLD INC (RGLD) and Trip.com Group Ltd (TCOM). Click either name above to swap in a different company.

ROYAL GOLD INC is the larger business by last-quarter revenue ($375.3M vs $304.6M, roughly 1.2× Trip.com Group Ltd). Trip.com Group Ltd runs the higher net margin — 27.8% vs 24.9%, a 2.8% gap on every dollar of revenue.

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.

Trip.com Group Limited is a multinational travel agency headquartered in Shanghai, China. It is the largest online travel service provider in the world.

RGLD vs TCOM — Head-to-Head

Bigger by revenue
RGLD
RGLD
1.2× larger
RGLD
$375.3M
$304.6M
TCOM
Higher net margin
TCOM
TCOM
2.8% more per $
TCOM
27.8%
24.9%
RGLD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
RGLD
RGLD
TCOM
TCOM
Revenue
$375.3M
$304.6M
Net Profit
$93.6M
$84.6M
Gross Margin
64.6%
78.8%
Operating Margin
56.2%
16.5%
Net Margin
24.9%
27.8%
Revenue YoY
85.3%
Net Profit YoY
-12.8%
EPS (diluted)
$1.04
$0.12

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
TCOM
TCOM
Q4 25
$375.3M
$304.6M
Q3 25
$252.1M
Q2 25
$209.6M
Q1 25
$193.4M
Q4 24
$202.6M
Q3 24
$193.8M
Q2 24
$174.1M
$242.7M
Q1 24
$148.9M
Net Profit
RGLD
RGLD
TCOM
TCOM
Q4 25
$93.6M
$84.6M
Q3 25
$126.8M
Q2 25
$132.3M
Q1 25
$113.5M
Q4 24
$107.4M
Q3 24
$96.2M
Q2 24
$81.2M
$73.8M
Q1 24
$47.2M
Gross Margin
RGLD
RGLD
TCOM
TCOM
Q4 25
64.6%
78.8%
Q3 25
73.6%
Q2 25
72.6%
Q1 25
69.4%
Q4 24
70.3%
Q3 24
66.6%
Q2 24
64.7%
81.8%
Q1 24
58.4%
Operating Margin
RGLD
RGLD
TCOM
TCOM
Q4 25
56.2%
16.5%
Q3 25
64.4%
Q2 25
67.7%
Q1 25
63.6%
Q4 24
65.9%
Q3 24
61.3%
Q2 24
58.6%
27.8%
Q1 24
50.7%
Net Margin
RGLD
RGLD
TCOM
TCOM
Q4 25
24.9%
27.8%
Q3 25
50.3%
Q2 25
63.1%
Q1 25
58.7%
Q4 24
53.0%
Q3 24
49.7%
Q2 24
46.6%
30.4%
Q1 24
31.7%
EPS (diluted)
RGLD
RGLD
TCOM
TCOM
Q4 25
$1.04
$0.12
Q3 25
$1.92
Q2 25
$2.01
Q1 25
$1.72
Q4 24
$1.63
Q3 24
$1.46
Q2 24
$1.23
$0.11
Q1 24
$0.72

Balance Sheet & Financial Strength

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

Metric
RGLD
RGLD
TCOM
TCOM
Cash + ST InvestmentsLiquidity on hand
$233.7M
$10.8B
Total DebtLower is stronger
$4.2B
Stockholders' EquityBook value
$7.2B
$23.8B
Total Assets
$9.5B
$36.9B
Debt / EquityLower = less leverage
0.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RGLD
RGLD
TCOM
TCOM
Q4 25
$233.7M
$10.8B
Q3 25
$172.8M
Q2 25
$248.2M
Q1 25
$240.8M
Q4 24
$195.5M
Q3 24
$127.9M
Q2 24
$74.2M
$12.4B
Q1 24
$137.9M
Total Debt
RGLD
RGLD
TCOM
TCOM
Q4 25
$4.2B
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$0
Q2 24
$50.0M
$8.2B
Q1 24
Stockholders' Equity
RGLD
RGLD
TCOM
TCOM
Q4 25
$7.2B
$23.8B
Q3 25
$3.4B
Q2 25
$3.3B
Q1 25
$3.2B
Q4 24
$3.1B
Q3 24
$3.0B
Q2 24
$3.0B
$18.1B
Q1 24
$2.9B
Total Assets
RGLD
RGLD
TCOM
TCOM
Q4 25
$9.5B
$36.9B
Q3 25
$4.5B
Q2 25
$3.6B
Q1 25
$3.5B
Q4 24
$3.4B
Q3 24
$3.3B
Q2 24
$3.3B
$34.2B
Q1 24
$3.3B
Debt / Equity
RGLD
RGLD
TCOM
TCOM
Q4 25
0.18×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.00×
Q2 24
0.02×
0.45×
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
TCOM
TCOM
Operating Cash FlowLast quarter
$241.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.58×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RGLD
RGLD
TCOM
TCOM
Q4 25
$241.7M
Q3 25
$174.0M
Q2 25
$152.8M
Q1 25
$136.4M
Q4 24
$141.1M
Q3 24
$136.7M
Q2 24
$113.5M
Q1 24
$138.3M
Cash Conversion
RGLD
RGLD
TCOM
TCOM
Q4 25
2.58×
Q3 25
1.37×
Q2 25
1.15×
Q1 25
1.20×
Q4 24
1.31×
Q3 24
1.42×
Q2 24
1.40×
Q1 24
2.93×

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%

TCOM
TCOM

Others$273.0M90%
Other$31.6M10%

Related Comparisons