Royal Gold Management

Management criteria checks 3/4

Royal Gold's CEO is Bill Heissenbuttel, appointed in Jan 2020, has a tenure of 4.92 years. total yearly compensation is $4.28M, comprised of 20.2% salary and 79.8% bonuses, including company stock and options. directly owns 0.17% of the company’s shares, worth $14.88M. The average tenure of the management team and the board of directors is 3.9 years and 9.3 years respectively.

Key information

Bill Heissenbuttel

Chief executive officer

US$4.3m

Total compensation

CEO salary percentage20.2%
CEO tenure4.9yrs
CEO ownership0.2%
Management average tenure3.9yrs
Board average tenure9.3yrs

Recent management updates

Recent updates

Royal Gold (NASDAQ:RGLD) Will Pay A Larger Dividend Than Last Year At $0.45

Nov 23
Royal Gold (NASDAQ:RGLD) Will Pay A Larger Dividend Than Last Year At $0.45

Returns On Capital Are Showing Encouraging Signs At Royal Gold (NASDAQ:RGLD)

Oct 10
Returns On Capital Are Showing Encouraging Signs At Royal Gold (NASDAQ:RGLD)

With Royal Gold, Inc. (NASDAQ:RGLD) It Looks Like You'll Get What You Pay For

Sep 27
With Royal Gold, Inc. (NASDAQ:RGLD) It Looks Like You'll Get What You Pay For

Royal Gold (NASDAQ:RGLD) Seems To Use Debt Quite Sensibly

Sep 13
Royal Gold (NASDAQ:RGLD) Seems To Use Debt Quite Sensibly

Royal Gold, Inc.'s (NASDAQ:RGLD) Intrinsic Value Is Potentially 50% Above Its Share Price

Aug 08
Royal Gold, Inc.'s (NASDAQ:RGLD) Intrinsic Value Is Potentially 50% Above Its Share Price

Earnings Tell The Story For Royal Gold, Inc. (NASDAQ:RGLD)

Jun 25
Earnings Tell The Story For Royal Gold, Inc. (NASDAQ:RGLD)

These 4 Measures Indicate That Royal Gold (NASDAQ:RGLD) Is Using Debt Reasonably Well

Jun 09
These 4 Measures Indicate That Royal Gold (NASDAQ:RGLD) Is Using Debt Reasonably Well

The Return Trends At Royal Gold (NASDAQ:RGLD) Look Promising

May 09
The Return Trends At Royal Gold (NASDAQ:RGLD) Look Promising

Getting In Cheap On Royal Gold, Inc. (NASDAQ:RGLD) Is Unlikely

Mar 24
Getting In Cheap On Royal Gold, Inc. (NASDAQ:RGLD) Is Unlikely

Is Royal Gold (NASDAQ:RGLD) Using Too Much Debt?

Mar 09
Is Royal Gold (NASDAQ:RGLD) Using Too Much Debt?

Is Royal Gold, Inc. (NASDAQ:RGLD) Trading At A 36% Discount?

Feb 22
Is Royal Gold, Inc. (NASDAQ:RGLD) Trading At A 36% Discount?

Royal Gold: A Solid Buy The Dip Candidate

Feb 19

Returns At Royal Gold (NASDAQ:RGLD) Are On The Way Up

Feb 07
Returns At Royal Gold (NASDAQ:RGLD) Are On The Way Up

What Royal Gold, Inc.'s (NASDAQ:RGLD) P/E Is Not Telling You

Dec 23
What Royal Gold, Inc.'s (NASDAQ:RGLD) P/E Is Not Telling You

Royal Gold: Business As Usual Has Become The Exception Among Precious Metals Royalty Plays

Sep 26

Royal Gold completes plan of arrangement to acquire Great Bear Royalties

Sep 09

Royal Gold declares $0.35 dividend

Aug 24

Royal Gold: Attractively Priced Here

Jul 22

Royal Gold goes ex-dividend tomorrow

Jun 29

CEO Compensation Analysis

How has Bill Heissenbuttel's remuneration changed compared to Royal Gold's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$287m

Jun 30 2024n/an/a

US$240m

Mar 31 2024n/an/a

US$223m

Dec 31 2023US$4mUS$865k

US$239m

Sep 30 2023n/an/a

US$233m

Jun 30 2023n/an/a

US$229m

Mar 31 2023n/an/a

US$237m

Dec 31 2022US$3mUS$777k

US$239m

Sep 30 2022n/an/a

US$251m

Jun 30 2022n/an/a

US$275m

Mar 31 2022n/an/a

US$286m

Dec 31 2021n/an/a

US$274m

Sep 30 2021n/an/a

US$266m

Jun 30 2021US$3mUS$670k

US$303m

Mar 31 2021n/an/a

US$270m

Dec 31 2020n/an/a

US$254m

Sep 30 2020n/an/a

US$236m

Jun 30 2020US$2mUS$583k

US$199m

Mar 31 2020n/an/a

US$177m

Dec 31 2019n/an/a

US$167m

Sep 30 2019n/an/a

US$149m

Jun 30 2019US$2mUS$502k

US$94m

Mar 31 2019n/an/a

US$94m

Dec 31 2018n/an/a

-US$88m

Sep 30 2018n/an/a

-US$127m

Jun 30 2018US$2mUS$485k

-US$113m

Compensation vs Market: Bill's total compensation ($USD4.28M) is below average for companies of similar size in the US market ($USD7.88M).

Compensation vs Earnings: Bill's compensation has increased by more than 20% in the past year.


CEO

Bill Heissenbuttel (59 yo)

4.9yrs

Tenure

US$4,282,057

Compensation

Mr. William H. Heissenbuttel, also known as Bill, has been President, Chief Executive Officer and Director of Royal Gold, Inc. since January 02, 2020. Mr. Heissenbuttel was the Chief Financial Officer and...


Leadership Team

NamePositionTenureCompensationOwnership
William Heissenbuttel
President4.9yrsUS$4.28m0.17%
$ 14.9m
Paul Libner
Senior VP6.5yrsUS$1.78m0.028%
$ 2.5m
Martin Raffield
Senior Vice President of Operations2.9yrsUS$1.34m0.010%
$ 922.3k
Randy Shefman
Senior VP & General Counsel4.9yrsUS$1.66m0.011%
$ 1.0m
Daniel Breeze
Senior Vice President of Corporate Development - RGLD Gold AGless than a yearUS$1.69m0.014%
$ 1.3m
David Crandall
VP, Corporate Secretary & CCOless than a yearno data0.0037%
$ 327.4k
Jason Hynes
Senior Vice President of Strategy & Business Developmentno datano datano data

3.9yrs

Average Tenure

51yo

Average Age

Experienced Management: RGLD's management team is considered experienced (3.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
William Heissenbuttel
President4.9yrsUS$4.28m0.17%
$ 14.9m
Jamie Sokalsky
Independent Director9.3yrsUS$258.44k0.017%
$ 1.5m
Sybil Veenman
Independent Director7.9yrsUS$244.44k0.0023%
$ 203.4k
William Hayes
Independent Chairman of the Board16.9yrsUS$349.94k0.014%
$ 1.3m
Ronald Vance
Independent Director11.7yrsUS$244.44k0.012%
$ 1.1m
Charles McArthur
Independent Director10.8yrsUS$230.44k0.016%
$ 1.5m
Fabiana Chubbs
Independent Director4.1yrsUS$233.44kno data

9.3yrs

Average Tenure

67yo

Average Age

Experienced Board: RGLD's board of directors are considered experienced (9.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 09:05
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Royal Gold, Inc. is covered by 31 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Farooq HamedBarclays
Garrett NelsonBB&T Capital Markets
Brian QuastBMO Capital Markets Equity Research