Royal Gold Return On Tangible Equity 2010-2024 | RGLD
- Royal Gold average return on tangible equity for 2023 was 8.39, a 0.12% increase from 2022.
- Royal Gold average return on tangible equity for 2022 was 8.4, a 27.65% decline from 2021.
- Royal Gold average return on tangible equity for 2021 was 11.61, a 36.75% decline from 2020.
Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.