Royal Gold Management
Management criteria checks 4/4
Royal Gold's CEO is Bill Heissenbuttel, appointed in Jan 2020, has a tenure of 6.17 years. total yearly compensation is $4.18M, comprised of 21.4% salary and 78.6% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth $37.21M. The average tenure of the management team and the board of directors is 4.2 years and 9.2 years respectively.
Key information
Bill Heissenbuttel
Chief executive officer
US$4.2m
Total compensation
| CEO salary percentage | 21.41% |
| CEO tenure | 6.2yrs |
| CEO ownership | 0.1% |
| Management average tenure | 4.2yrs |
| Board average tenure | 9.2yrs |
Recent management updates
Recent updates
Copper Growth Projects And Extended Mount Milligan Life Will Transform Long Term Cash Flows
Catalysts About Royal Gold Royal Gold is a precious metals royalty and streaming company with a portfolio focused on gold, silver and copper interests across producing and development assets. What are the underlying business or industry changes driving this perspective?Royal Gold: High-Margin Growth In A Record Gold Market
Jan 05After Leaping 25% Royal Gold, Inc. (NASDAQ:RGLD) Shares Are Not Flying Under The Radar
Dec 23
We Think Shareholders Should Be Aware Of Some Factors Beyond Royal Gold's (NASDAQ:RGLD) Profit
Nov 19Does Royal Gold (NASDAQ:RGLD) Deserve A Spot On Your Watchlist?
Aug 05Calculating The Fair Value Of Royal Gold, Inc. (NASDAQ:RGLD)
Apr 28Here's Why We Think Royal Gold (NASDAQ:RGLD) Is Well Worth Watching
Apr 15Royal Gold: The King Who Still Collects Checks While Others Dig
Apr 14Royal Gold, Inc. (NASDAQ:RGLD) Not Flying Under The Radar
Mar 05
Gold Royalties Strategy Sets Stage For Robust Growth And Profit Margins
Strategic acquisitions and portfolio developments, including in the Back River gold district, set to bolster long-term revenue and gold production.CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2025 | n/a | n/a | US$466m |
| Sep 30 2025 | n/a | n/a | US$480m |
| Jun 30 2025 | n/a | n/a | US$449m |
| Mar 31 2025 | n/a | n/a | US$398m |
| Dec 31 2024 | US$4m | US$896k | US$332m |
| Sep 30 2024 | n/a | n/a | US$287m |
| Jun 30 2024 | n/a | n/a | US$240m |
| Mar 31 2024 | n/a | n/a | US$223m |
| Dec 31 2023 | US$4m | US$865k | US$239m |
| Sep 30 2023 | n/a | n/a | US$233m |
| Jun 30 2023 | n/a | n/a | US$229m |
| Mar 31 2023 | n/a | n/a | US$237m |
| Dec 31 2022 | US$3m | US$777k | US$239m |
| Sep 30 2022 | n/a | n/a | US$251m |
| Jun 30 2022 | n/a | n/a | US$275m |
| Mar 31 2022 | n/a | n/a | US$286m |
| Dec 31 2021 | n/a | n/a | US$274m |
| Sep 30 2021 | n/a | n/a | US$266m |
| Jun 30 2021 | US$3m | US$670k | US$303m |
| Mar 31 2021 | n/a | n/a | US$270m |
| Dec 31 2020 | n/a | n/a | US$254m |
| Sep 30 2020 | n/a | n/a | US$236m |
| Jun 30 2020 | US$2m | US$583k | US$199m |
| Mar 31 2020 | n/a | n/a | US$177m |
| Dec 31 2019 | n/a | n/a | US$167m |
| Sep 30 2019 | n/a | n/a | US$149m |
| Jun 30 2019 | US$2m | US$502k | US$94m |
Compensation vs Market: Bill's total compensation ($USD4.18M) is below average for companies of similar size in the US market ($USD13.27M).
Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.
CEO
Bill Heissenbuttel (60 yo)
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.2yrs | US$4.18m | 0.15% $ 37.2m | |
| Senior VP & CFO | 6.2yrs | US$1.78m | 0.022% $ 5.6m | |
| Senior Vice President of Operations | 4.2yrs | US$1.60m | 0.012% $ 3.0m | |
| Senior VP & General Counsel | 6.2yrs | US$1.67m | 0.011% $ 2.8m | |
| Senior Vice President of Corporate Development - RGLD Gold AG | 2yrs | US$1.84m | 0.015% $ 3.7m | |
| VP, Corporate Secretary & Chief Compliance Officer | 2.1yrs | no data | 0.0046% $ 1.2m | |
| Senior Vice President of Strategy & Business Development of Royal Gold Corp | no data | no data | no data | |
| Senior Vice President of Investor Relations & Business Development of Royal Gold Corp. | 2.2yrs | no data | no data |
Experienced Management: RGLD's management team is considered experienced (4.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.2yrs | US$4.18m | 0.15% $ 37.2m | |
| Independent Director | 10.6yrs | US$267.52k | 0.013% $ 3.4m | |
| Independent Director | 9.2yrs | US$267.52k | 0.0018% $ 450.0k | |
| Independent Chairman of the Board | 18.2yrs | US$357.52k | 0.0072% $ 1.8m | |
| Independent Director | 12.9yrs | US$242.52k | 0.0099% $ 2.5m | |
| Non-Independent Director | less than a year | US$2.15m | 0.026% $ 6.6m | |
| Independent Director | 5.3yrs | US$242.52k | 0% $ 0 |
Experienced Board: RGLD's board of directors are considered experienced (9.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/03/02 05:52 |
| End of Day Share Price | 2026/02/27 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
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 Github.
Analyst Sources
Royal Gold, Inc. is covered by 25 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.
| Analyst | Institution |
|---|---|
| Farooq Hamed | Barclays |
| Matthew Murphy | BMO Capital Markets Equity Research |
| Lawson Winder | BofA Global Research |