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Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]      
Revenue (Note 8) $ 719,395 $ 605,717 $ 603,206
Costs and expenses      
Cost of sales (excludes depreciation, depletion and amortization) 97,514 90,523 94,642
General and administrative 40,934 39,761 34,612
Production taxes 6,622 7,294 7,021
Depreciation, depletion and amortization 144,426 164,937 178,935
Impairment of royalty interests 0 0 4,287
Total costs and expenses 289,496 302,515 319,497
Operating income 429,899 303,202 283,709
Fair value changes in equity securities (66) (147) (1,503)
Interest and other income 6,008 9,952 7,832
Interest and other expense (9,749) (30,867) (17,170)
Income before income taxes 426,092 282,140 272,868
Income tax expense (Note 11) (93,613) (42,008) (32,926)
Net income and comprehensive income 332,479 240,132 239,942
Net income and comprehensive income attributable to non-controlling interests (456) (692) (960)
Net income and comprehensive income attributable to Royal Gold common stockholders $ 332,023 $ 239,440 $ 238,982
Net income per share attributable to Royal Gold common stockholders:      
Basic earnings per share (in dollars per share) $ 5.04 $ 3.64 $ 3.64
Basic weighted average shares outstanding (in shares) 65,662,185 65,613,002 65,576,995
Diluted earnings per share (in dollars per share) $ 5.04 $ 3.63 $ 3.63
Diluted weighted average shares outstanding (in shares) 65,776,834 65,739,110 65,661,748
Cash dividends declared per common share (in dollars per share) $ 1.650 $ 1.525 $ 1.425