Datasets:
TheFinAI
/
FinCL-eval-v2

Dataset card Data Studio Files
xet
 Community
context
stringlengths
21
33.9k
category
stringclasses
2 values
entity
stringlengths
1
12
entity_type
stringclasses
5 values
query
stringlengths
97
3.31k
answer
stringlengths
12
169
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Revenue (Note 8)</td><td>$</td><td>719,395</td><td></td><td></td><td>$</td><td>605,717</td><td></td><td></td><td>$</td><td>603,206</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Costs and expenses</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cost of sales (excludes depreciation, depletion and amortization)</td><td>97,514</td><td></td><td></td><td>90,523</td><td></td><td></td><td>94,642</td><td></td></tr><tr><td>General and administrative</td><td>40,934</td><td></td><td></td><td>39,761</td><td></td><td></td><td>34,612</td><td></td></tr><tr><td>Production taxes</td><td>6,622</td><td></td><td></td><td>7,294</td><td></td><td></td><td>7,021</td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Total costs and expenses</td><td>289,496</td><td></td><td></td><td>302,515</td><td></td><td></td><td>319,497</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Operating income</td><td>429,899</td><td></td><td></td><td>303,202</td><td></td><td></td><td>283,709</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>( 66 )</td><td></td><td></td><td>( 147 )</td><td></td><td></td><td>( 1,503 )</td><td></td></tr><tr><td>Interest and other income</td><td>6,008</td><td></td><td></td><td>9,952</td><td></td><td></td><td>7,832</td><td></td></tr><tr><td>Interest and other expense</td><td>( 9,749 )</td><td></td><td></td><td>( 30,867 )</td><td></td><td></td><td>( 17,170 )</td><td></td></tr><tr><td>Income before income taxes</td><td>426,092</td><td></td><td></td><td>282,140</td><td></td><td></td><td>272,868</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Income tax expense (Note 11)</td><td>( 93,613 )</td><td></td><td></td><td>( 42,008 )</td><td></td><td></td><td>( 32,926 )</td><td></td></tr><tr><td>Net income and comprehensive income</td><td>332,479</td><td></td><td></td><td>240,132</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Net income and comprehensive income attributable to non-controlling interests</td><td>( 456 )</td><td></td><td></td><td>( 692 )</td><td></td><td></td><td>( 960 )</td><td></td></tr><tr><td>Net income and comprehensive income attributable to Royal Gold common stockholders</td><td>$</td><td>332,023</td><td></td><td></td><td>$</td><td>239,440</td><td></td><td></td><td>$</td><td>238,982</td><td></td></tr><tr><td>Net income per share attributable to Royal Gold common stockholders:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Basic earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.64</td><td></td><td></td><td>$</td><td>3.64</td><td></td></tr><tr><td>Basic weighted average shares outstanding</td><td>65,662,185</td><td></td><td>65,613,002</td><td></td><td>65,576,995</td></tr><tr><td>Diluted earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.63</td><td></td><td></td><td>$</td><td>3.63</td><td></td></tr><tr><td>Diluted weighted average shares outstanding</td><td>65,776,834</td><td></td><td>65,739,110</td><td></td><td>65,661,748</td></tr><tr><td>Cash dividends declared per common share</td><td>$</td><td>1.650</td><td></td><td></td><td>$</td><td>1.525</td><td></td><td></td><td>$</td><td>1.425</td><td></td></tr></table>
table
456
monetaryItemType
table: <entity> 456 </entity> <entity type> monetaryItemType </entity type> <context> None </context>
us-gaap:NetIncomeLossAttributableToNoncontrollingInterest
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Revenue (Note 8)</td><td>$</td><td>719,395</td><td></td><td></td><td>$</td><td>605,717</td><td></td><td></td><td>$</td><td>603,206</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Costs and expenses</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cost of sales (excludes depreciation, depletion and amortization)</td><td>97,514</td><td></td><td></td><td>90,523</td><td></td><td></td><td>94,642</td><td></td></tr><tr><td>General and administrative</td><td>40,934</td><td></td><td></td><td>39,761</td><td></td><td></td><td>34,612</td><td></td></tr><tr><td>Production taxes</td><td>6,622</td><td></td><td></td><td>7,294</td><td></td><td></td><td>7,021</td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Total costs and expenses</td><td>289,496</td><td></td><td></td><td>302,515</td><td></td><td></td><td>319,497</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Operating income</td><td>429,899</td><td></td><td></td><td>303,202</td><td></td><td></td><td>283,709</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>( 66 )</td><td></td><td></td><td>( 147 )</td><td></td><td></td><td>( 1,503 )</td><td></td></tr><tr><td>Interest and other income</td><td>6,008</td><td></td><td></td><td>9,952</td><td></td><td></td><td>7,832</td><td></td></tr><tr><td>Interest and other expense</td><td>( 9,749 )</td><td></td><td></td><td>( 30,867 )</td><td></td><td></td><td>( 17,170 )</td><td></td></tr><tr><td>Income before income taxes</td><td>426,092</td><td></td><td></td><td>282,140</td><td></td><td></td><td>272,868</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Income tax expense (Note 11)</td><td>( 93,613 )</td><td></td><td></td><td>( 42,008 )</td><td></td><td></td><td>( 32,926 )</td><td></td></tr><tr><td>Net income and comprehensive income</td><td>332,479</td><td></td><td></td><td>240,132</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Net income and comprehensive income attributable to non-controlling interests</td><td>( 456 )</td><td></td><td></td><td>( 692 )</td><td></td><td></td><td>( 960 )</td><td></td></tr><tr><td>Net income and comprehensive income attributable to Royal Gold common stockholders</td><td>$</td><td>332,023</td><td></td><td></td><td>$</td><td>239,440</td><td></td><td></td><td>$</td><td>238,982</td><td></td></tr><tr><td>Net income per share attributable to Royal Gold common stockholders:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Basic earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.64</td><td></td><td></td><td>$</td><td>3.64</td><td></td></tr><tr><td>Basic weighted average shares outstanding</td><td>65,662,185</td><td></td><td>65,613,002</td><td></td><td>65,576,995</td></tr><tr><td>Diluted earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.63</td><td></td><td></td><td>$</td><td>3.63</td><td></td></tr><tr><td>Diluted weighted average shares outstanding</td><td>65,776,834</td><td></td><td>65,739,110</td><td></td><td>65,661,748</td></tr><tr><td>Cash dividends declared per common share</td><td>$</td><td>1.650</td><td></td><td></td><td>$</td><td>1.525</td><td></td><td></td><td>$</td><td>1.425</td><td></td></tr></table>
table
692
monetaryItemType
table: <entity> 692 </entity> <entity type> monetaryItemType </entity type> <context> None </context>
us-gaap:NetIncomeLossAttributableToNoncontrollingInterest
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Revenue (Note 8)</td><td>$</td><td>719,395</td><td></td><td></td><td>$</td><td>605,717</td><td></td><td></td><td>$</td><td>603,206</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Costs and expenses</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cost of sales (excludes depreciation, depletion and amortization)</td><td>97,514</td><td></td><td></td><td>90,523</td><td></td><td></td><td>94,642</td><td></td></tr><tr><td>General and administrative</td><td>40,934</td><td></td><td></td><td>39,761</td><td></td><td></td><td>34,612</td><td></td></tr><tr><td>Production taxes</td><td>6,622</td><td></td><td></td><td>7,294</td><td></td><td></td><td>7,021</td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Total costs and expenses</td><td>289,496</td><td></td><td></td><td>302,515</td><td></td><td></td><td>319,497</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Operating income</td><td>429,899</td><td></td><td></td><td>303,202</td><td></td><td></td><td>283,709</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>( 66 )</td><td></td><td></td><td>( 147 )</td><td></td><td></td><td>( 1,503 )</td><td></td></tr><tr><td>Interest and other income</td><td>6,008</td><td></td><td></td><td>9,952</td><td></td><td></td><td>7,832</td><td></td></tr><tr><td>Interest and other expense</td><td>( 9,749 )</td><td></td><td></td><td>( 30,867 )</td><td></td><td></td><td>( 17,170 )</td><td></td></tr><tr><td>Income before income taxes</td><td>426,092</td><td></td><td></td><td>282,140</td><td></td><td></td><td>272,868</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Income tax expense (Note 11)</td><td>( 93,613 )</td><td></td><td></td><td>( 42,008 )</td><td></td><td></td><td>( 32,926 )</td><td></td></tr><tr><td>Net income and comprehensive income</td><td>332,479</td><td></td><td></td><td>240,132</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Net income and comprehensive income attributable to non-controlling interests</td><td>( 456 )</td><td></td><td></td><td>( 692 )</td><td></td><td></td><td>( 960 )</td><td></td></tr><tr><td>Net income and comprehensive income attributable to Royal Gold common stockholders</td><td>$</td><td>332,023</td><td></td><td></td><td>$</td><td>239,440</td><td></td><td></td><td>$</td><td>238,982</td><td></td></tr><tr><td>Net income per share attributable to Royal Gold common stockholders:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Basic earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.64</td><td></td><td></td><td>$</td><td>3.64</td><td></td></tr><tr><td>Basic weighted average shares outstanding</td><td>65,662,185</td><td></td><td>65,613,002</td><td></td><td>65,576,995</td></tr><tr><td>Diluted earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.63</td><td></td><td></td><td>$</td><td>3.63</td><td></td></tr><tr><td>Diluted weighted average shares outstanding</td><td>65,776,834</td><td></td><td>65,739,110</td><td></td><td>65,661,748</td></tr><tr><td>Cash dividends declared per common share</td><td>$</td><td>1.650</td><td></td><td></td><td>$</td><td>1.525</td><td></td><td></td><td>$</td><td>1.425</td><td></td></tr></table>
table
960
monetaryItemType
table: <entity> 960 </entity> <entity type> monetaryItemType </entity type> <context> None </context>
us-gaap:NetIncomeLossAttributableToNoncontrollingInterest
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Revenue (Note 8)</td><td>$</td><td>719,395</td><td></td><td></td><td>$</td><td>605,717</td><td></td><td></td><td>$</td><td>603,206</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Costs and expenses</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cost of sales (excludes depreciation, depletion and amortization)</td><td>97,514</td><td></td><td></td><td>90,523</td><td></td><td></td><td>94,642</td><td></td></tr><tr><td>General and administrative</td><td>40,934</td><td></td><td></td><td>39,761</td><td></td><td></td><td>34,612</td><td></td></tr><tr><td>Production taxes</td><td>6,622</td><td></td><td></td><td>7,294</td><td></td><td></td><td>7,021</td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Total costs and expenses</td><td>289,496</td><td></td><td></td><td>302,515</td><td></td><td></td><td>319,497</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Operating income</td><td>429,899</td><td></td><td></td><td>303,202</td><td></td><td></td><td>283,709</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>( 66 )</td><td></td><td></td><td>( 147 )</td><td></td><td></td><td>( 1,503 )</td><td></td></tr><tr><td>Interest and other income</td><td>6,008</td><td></td><td></td><td>9,952</td><td></td><td></td><td>7,832</td><td></td></tr><tr><td>Interest and other expense</td><td>( 9,749 )</td><td></td><td></td><td>( 30,867 )</td><td></td><td></td><td>( 17,170 )</td><td></td></tr><tr><td>Income before income taxes</td><td>426,092</td><td></td><td></td><td>282,140</td><td></td><td></td><td>272,868</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Income tax expense (Note 11)</td><td>( 93,613 )</td><td></td><td></td><td>( 42,008 )</td><td></td><td></td><td>( 32,926 )</td><td></td></tr><tr><td>Net income and comprehensive income</td><td>332,479</td><td></td><td></td><td>240,132</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Net income and comprehensive income attributable to non-controlling interests</td><td>( 456 )</td><td></td><td></td><td>( 692 )</td><td></td><td></td><td>( 960 )</td><td></td></tr><tr><td>Net income and comprehensive income attributable to Royal Gold common stockholders</td><td>$</td><td>332,023</td><td></td><td></td><td>$</td><td>239,440</td><td></td><td></td><td>$</td><td>238,982</td><td></td></tr><tr><td>Net income per share attributable to Royal Gold common stockholders:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Basic earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.64</td><td></td><td></td><td>$</td><td>3.64</td><td></td></tr><tr><td>Basic weighted average shares outstanding</td><td>65,662,185</td><td></td><td>65,613,002</td><td></td><td>65,576,995</td></tr><tr><td>Diluted earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.63</td><td></td><td></td><td>$</td><td>3.63</td><td></td></tr><tr><td>Diluted weighted average shares outstanding</td><td>65,776,834</td><td></td><td>65,739,110</td><td></td><td>65,661,748</td></tr><tr><td>Cash dividends declared per common share</td><td>$</td><td>1.650</td><td></td><td></td><td>$</td><td>1.525</td><td></td><td></td><td>$</td><td>1.425</td><td></td></tr></table>
table
332023
monetaryItemType
table: <entity> 332023 </entity> <entity type> monetaryItemType </entity type> <context> Net income and comprehensive income attributable to Royal Gold common stockholders | $ | 332,023 | $ | 239,440 | $ | 238,982 </context>
us-gaap:NetIncomeLoss
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Revenue (Note 8)</td><td>$</td><td>719,395</td><td></td><td></td><td>$</td><td>605,717</td><td></td><td></td><td>$</td><td>603,206</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Costs and expenses</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cost of sales (excludes depreciation, depletion and amortization)</td><td>97,514</td><td></td><td></td><td>90,523</td><td></td><td></td><td>94,642</td><td></td></tr><tr><td>General and administrative</td><td>40,934</td><td></td><td></td><td>39,761</td><td></td><td></td><td>34,612</td><td></td></tr><tr><td>Production taxes</td><td>6,622</td><td></td><td></td><td>7,294</td><td></td><td></td><td>7,021</td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Total costs and expenses</td><td>289,496</td><td></td><td></td><td>302,515</td><td></td><td></td><td>319,497</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Operating income</td><td>429,899</td><td></td><td></td><td>303,202</td><td></td><td></td><td>283,709</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>( 66 )</td><td></td><td></td><td>( 147 )</td><td></td><td></td><td>( 1,503 )</td><td></td></tr><tr><td>Interest and other income</td><td>6,008</td><td></td><td></td><td>9,952</td><td></td><td></td><td>7,832</td><td></td></tr><tr><td>Interest and other expense</td><td>( 9,749 )</td><td></td><td></td><td>( 30,867 )</td><td></td><td></td><td>( 17,170 )</td><td></td></tr><tr><td>Income before income taxes</td><td>426,092</td><td></td><td></td><td>282,140</td><td></td><td></td><td>272,868</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Income tax expense (Note 11)</td><td>( 93,613 )</td><td></td><td></td><td>( 42,008 )</td><td></td><td></td><td>( 32,926 )</td><td></td></tr><tr><td>Net income and comprehensive income</td><td>332,479</td><td></td><td></td><td>240,132</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Net income and comprehensive income attributable to non-controlling interests</td><td>( 456 )</td><td></td><td></td><td>( 692 )</td><td></td><td></td><td>( 960 )</td><td></td></tr><tr><td>Net income and comprehensive income attributable to Royal Gold common stockholders</td><td>$</td><td>332,023</td><td></td><td></td><td>$</td><td>239,440</td><td></td><td></td><td>$</td><td>238,982</td><td></td></tr><tr><td>Net income per share attributable to Royal Gold common stockholders:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Basic earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.64</td><td></td><td></td><td>$</td><td>3.64</td><td></td></tr><tr><td>Basic weighted average shares outstanding</td><td>65,662,185</td><td></td><td>65,613,002</td><td></td><td>65,576,995</td></tr><tr><td>Diluted earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.63</td><td></td><td></td><td>$</td><td>3.63</td><td></td></tr><tr><td>Diluted weighted average shares outstanding</td><td>65,776,834</td><td></td><td>65,739,110</td><td></td><td>65,661,748</td></tr><tr><td>Cash dividends declared per common share</td><td>$</td><td>1.650</td><td></td><td></td><td>$</td><td>1.525</td><td></td><td></td><td>$</td><td>1.425</td><td></td></tr></table>
table
239440
monetaryItemType
table: <entity> 239440 </entity> <entity type> monetaryItemType </entity type> <context> Net income and comprehensive income attributable to Royal Gold common stockholders | $ | 332,023 | $ | 239,440 | $ | 238,982 </context>
us-gaap:NetIncomeLoss
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Revenue (Note 8)</td><td>$</td><td>719,395</td><td></td><td></td><td>$</td><td>605,717</td><td></td><td></td><td>$</td><td>603,206</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Costs and expenses</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cost of sales (excludes depreciation, depletion and amortization)</td><td>97,514</td><td></td><td></td><td>90,523</td><td></td><td></td><td>94,642</td><td></td></tr><tr><td>General and administrative</td><td>40,934</td><td></td><td></td><td>39,761</td><td></td><td></td><td>34,612</td><td></td></tr><tr><td>Production taxes</td><td>6,622</td><td></td><td></td><td>7,294</td><td></td><td></td><td>7,021</td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Total costs and expenses</td><td>289,496</td><td></td><td></td><td>302,515</td><td></td><td></td><td>319,497</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Operating income</td><td>429,899</td><td></td><td></td><td>303,202</td><td></td><td></td><td>283,709</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>( 66 )</td><td></td><td></td><td>( 147 )</td><td></td><td></td><td>( 1,503 )</td><td></td></tr><tr><td>Interest and other income</td><td>6,008</td><td></td><td></td><td>9,952</td><td></td><td></td><td>7,832</td><td></td></tr><tr><td>Interest and other expense</td><td>( 9,749 )</td><td></td><td></td><td>( 30,867 )</td><td></td><td></td><td>( 17,170 )</td><td></td></tr><tr><td>Income before income taxes</td><td>426,092</td><td></td><td></td><td>282,140</td><td></td><td></td><td>272,868</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Income tax expense (Note 11)</td><td>( 93,613 )</td><td></td><td></td><td>( 42,008 )</td><td></td><td></td><td>( 32,926 )</td><td></td></tr><tr><td>Net income and comprehensive income</td><td>332,479</td><td></td><td></td><td>240,132</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Net income and comprehensive income attributable to non-controlling interests</td><td>( 456 )</td><td></td><td></td><td>( 692 )</td><td></td><td></td><td>( 960 )</td><td></td></tr><tr><td>Net income and comprehensive income attributable to Royal Gold common stockholders</td><td>$</td><td>332,023</td><td></td><td></td><td>$</td><td>239,440</td><td></td><td></td><td>$</td><td>238,982</td><td></td></tr><tr><td>Net income per share attributable to Royal Gold common stockholders:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Basic earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.64</td><td></td><td></td><td>$</td><td>3.64</td><td></td></tr><tr><td>Basic weighted average shares outstanding</td><td>65,662,185</td><td></td><td>65,613,002</td><td></td><td>65,576,995</td></tr><tr><td>Diluted earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.63</td><td></td><td></td><td>$</td><td>3.63</td><td></td></tr><tr><td>Diluted weighted average shares outstanding</td><td>65,776,834</td><td></td><td>65,739,110</td><td></td><td>65,661,748</td></tr><tr><td>Cash dividends declared per common share</td><td>$</td><td>1.650</td><td></td><td></td><td>$</td><td>1.525</td><td></td><td></td><td>$</td><td>1.425</td><td></td></tr></table>
table
238982
monetaryItemType
table: <entity> 238982 </entity> <entity type> monetaryItemType </entity type> <context> Net income and comprehensive income attributable to Royal Gold common stockholders | $ | 332,023 | $ | 239,440 | $ | 238,982 </context>
us-gaap:NetIncomeLoss
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Revenue (Note 8)</td><td>$</td><td>719,395</td><td></td><td></td><td>$</td><td>605,717</td><td></td><td></td><td>$</td><td>603,206</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Costs and expenses</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cost of sales (excludes depreciation, depletion and amortization)</td><td>97,514</td><td></td><td></td><td>90,523</td><td></td><td></td><td>94,642</td><td></td></tr><tr><td>General and administrative</td><td>40,934</td><td></td><td></td><td>39,761</td><td></td><td></td><td>34,612</td><td></td></tr><tr><td>Production taxes</td><td>6,622</td><td></td><td></td><td>7,294</td><td></td><td></td><td>7,021</td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Total costs and expenses</td><td>289,496</td><td></td><td></td><td>302,515</td><td></td><td></td><td>319,497</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Operating income</td><td>429,899</td><td></td><td></td><td>303,202</td><td></td><td></td><td>283,709</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>( 66 )</td><td></td><td></td><td>( 147 )</td><td></td><td></td><td>( 1,503 )</td><td></td></tr><tr><td>Interest and other income</td><td>6,008</td><td></td><td></td><td>9,952</td><td></td><td></td><td>7,832</td><td></td></tr><tr><td>Interest and other expense</td><td>( 9,749 )</td><td></td><td></td><td>( 30,867 )</td><td></td><td></td><td>( 17,170 )</td><td></td></tr><tr><td>Income before income taxes</td><td>426,092</td><td></td><td></td><td>282,140</td><td></td><td></td><td>272,868</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Income tax expense (Note 11)</td><td>( 93,613 )</td><td></td><td></td><td>( 42,008 )</td><td></td><td></td><td>( 32,926 )</td><td></td></tr><tr><td>Net income and comprehensive income</td><td>332,479</td><td></td><td></td><td>240,132</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Net income and comprehensive income attributable to non-controlling interests</td><td>( 456 )</td><td></td><td></td><td>( 692 )</td><td></td><td></td><td>( 960 )</td><td></td></tr><tr><td>Net income and comprehensive income attributable to Royal Gold common stockholders</td><td>$</td><td>332,023</td><td></td><td></td><td>$</td><td>239,440</td><td></td><td></td><td>$</td><td>238,982</td><td></td></tr><tr><td>Net income per share attributable to Royal Gold common stockholders:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Basic earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.64</td><td></td><td></td><td>$</td><td>3.64</td><td></td></tr><tr><td>Basic weighted average shares outstanding</td><td>65,662,185</td><td></td><td>65,613,002</td><td></td><td>65,576,995</td></tr><tr><td>Diluted earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.63</td><td></td><td></td><td>$</td><td>3.63</td><td></td></tr><tr><td>Diluted weighted average shares outstanding</td><td>65,776,834</td><td></td><td>65,739,110</td><td></td><td>65,661,748</td></tr><tr><td>Cash dividends declared per common share</td><td>$</td><td>1.650</td><td></td><td></td><td>$</td><td>1.525</td><td></td><td></td><td>$</td><td>1.425</td><td></td></tr></table>
table
5.04
perShareItemType
table: <entity> 5.04 </entity> <entity type> perShareItemType </entity type> <context> Basic earnings per share | $ | 5.04 | $ | 3.64 | $ | 3.64 </context>
us-gaap:EarningsPerShareBasic
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Revenue (Note 8)</td><td>$</td><td>719,395</td><td></td><td></td><td>$</td><td>605,717</td><td></td><td></td><td>$</td><td>603,206</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Costs and expenses</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cost of sales (excludes depreciation, depletion and amortization)</td><td>97,514</td><td></td><td></td><td>90,523</td><td></td><td></td><td>94,642</td><td></td></tr><tr><td>General and administrative</td><td>40,934</td><td></td><td></td><td>39,761</td><td></td><td></td><td>34,612</td><td></td></tr><tr><td>Production taxes</td><td>6,622</td><td></td><td></td><td>7,294</td><td></td><td></td><td>7,021</td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Total costs and expenses</td><td>289,496</td><td></td><td></td><td>302,515</td><td></td><td></td><td>319,497</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Operating income</td><td>429,899</td><td></td><td></td><td>303,202</td><td></td><td></td><td>283,709</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>( 66 )</td><td></td><td></td><td>( 147 )</td><td></td><td></td><td>( 1,503 )</td><td></td></tr><tr><td>Interest and other income</td><td>6,008</td><td></td><td></td><td>9,952</td><td></td><td></td><td>7,832</td><td></td></tr><tr><td>Interest and other expense</td><td>( 9,749 )</td><td></td><td></td><td>( 30,867 )</td><td></td><td></td><td>( 17,170 )</td><td></td></tr><tr><td>Income before income taxes</td><td>426,092</td><td></td><td></td><td>282,140</td><td></td><td></td><td>272,868</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Income tax expense (Note 11)</td><td>( 93,613 )</td><td></td><td></td><td>( 42,008 )</td><td></td><td></td><td>( 32,926 )</td><td></td></tr><tr><td>Net income and comprehensive income</td><td>332,479</td><td></td><td></td><td>240,132</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Net income and comprehensive income attributable to non-controlling interests</td><td>( 456 )</td><td></td><td></td><td>( 692 )</td><td></td><td></td><td>( 960 )</td><td></td></tr><tr><td>Net income and comprehensive income attributable to Royal Gold common stockholders</td><td>$</td><td>332,023</td><td></td><td></td><td>$</td><td>239,440</td><td></td><td></td><td>$</td><td>238,982</td><td></td></tr><tr><td>Net income per share attributable to Royal Gold common stockholders:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Basic earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.64</td><td></td><td></td><td>$</td><td>3.64</td><td></td></tr><tr><td>Basic weighted average shares outstanding</td><td>65,662,185</td><td></td><td>65,613,002</td><td></td><td>65,576,995</td></tr><tr><td>Diluted earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.63</td><td></td><td></td><td>$</td><td>3.63</td><td></td></tr><tr><td>Diluted weighted average shares outstanding</td><td>65,776,834</td><td></td><td>65,739,110</td><td></td><td>65,661,748</td></tr><tr><td>Cash dividends declared per common share</td><td>$</td><td>1.650</td><td></td><td></td><td>$</td><td>1.525</td><td></td><td></td><td>$</td><td>1.425</td><td></td></tr></table>
table
3.64
perShareItemType
table: <entity> 3.64 </entity> <entity type> perShareItemType </entity type> <context> Basic earnings per share | $ | 5.04 | $ | 3.64 | $ | 3.64 </context>
us-gaap:EarningsPerShareBasic
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Revenue (Note 8)</td><td>$</td><td>719,395</td><td></td><td></td><td>$</td><td>605,717</td><td></td><td></td><td>$</td><td>603,206</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Costs and expenses</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cost of sales (excludes depreciation, depletion and amortization)</td><td>97,514</td><td></td><td></td><td>90,523</td><td></td><td></td><td>94,642</td><td></td></tr><tr><td>General and administrative</td><td>40,934</td><td></td><td></td><td>39,761</td><td></td><td></td><td>34,612</td><td></td></tr><tr><td>Production taxes</td><td>6,622</td><td></td><td></td><td>7,294</td><td></td><td></td><td>7,021</td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Total costs and expenses</td><td>289,496</td><td></td><td></td><td>302,515</td><td></td><td></td><td>319,497</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Operating income</td><td>429,899</td><td></td><td></td><td>303,202</td><td></td><td></td><td>283,709</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>( 66 )</td><td></td><td></td><td>( 147 )</td><td></td><td></td><td>( 1,503 )</td><td></td></tr><tr><td>Interest and other income</td><td>6,008</td><td></td><td></td><td>9,952</td><td></td><td></td><td>7,832</td><td></td></tr><tr><td>Interest and other expense</td><td>( 9,749 )</td><td></td><td></td><td>( 30,867 )</td><td></td><td></td><td>( 17,170 )</td><td></td></tr><tr><td>Income before income taxes</td><td>426,092</td><td></td><td></td><td>282,140</td><td></td><td></td><td>272,868</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Income tax expense (Note 11)</td><td>( 93,613 )</td><td></td><td></td><td>( 42,008 )</td><td></td><td></td><td>( 32,926 )</td><td></td></tr><tr><td>Net income and comprehensive income</td><td>332,479</td><td></td><td></td><td>240,132</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Net income and comprehensive income attributable to non-controlling interests</td><td>( 456 )</td><td></td><td></td><td>( 692 )</td><td></td><td></td><td>( 960 )</td><td></td></tr><tr><td>Net income and comprehensive income attributable to Royal Gold common stockholders</td><td>$</td><td>332,023</td><td></td><td></td><td>$</td><td>239,440</td><td></td><td></td><td>$</td><td>238,982</td><td></td></tr><tr><td>Net income per share attributable to Royal Gold common stockholders:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Basic earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.64</td><td></td><td></td><td>$</td><td>3.64</td><td></td></tr><tr><td>Basic weighted average shares outstanding</td><td>65,662,185</td><td></td><td>65,613,002</td><td></td><td>65,576,995</td></tr><tr><td>Diluted earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.63</td><td></td><td></td><td>$</td><td>3.63</td><td></td></tr><tr><td>Diluted weighted average shares outstanding</td><td>65,776,834</td><td></td><td>65,739,110</td><td></td><td>65,661,748</td></tr><tr><td>Cash dividends declared per common share</td><td>$</td><td>1.650</td><td></td><td></td><td>$</td><td>1.525</td><td></td><td></td><td>$</td><td>1.425</td><td></td></tr></table>
table
65662185
sharesItemType
table: <entity> 65662185 </entity> <entity type> sharesItemType </entity type> <context> Basic weighted average shares outstanding | 65,662,185 | 65,613,002 | 65,576,995 </context>
us-gaap:WeightedAverageNumberOfSharesOutstandingBasic
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Revenue (Note 8)</td><td>$</td><td>719,395</td><td></td><td></td><td>$</td><td>605,717</td><td></td><td></td><td>$</td><td>603,206</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Costs and expenses</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cost of sales (excludes depreciation, depletion and amortization)</td><td>97,514</td><td></td><td></td><td>90,523</td><td></td><td></td><td>94,642</td><td></td></tr><tr><td>General and administrative</td><td>40,934</td><td></td><td></td><td>39,761</td><td></td><td></td><td>34,612</td><td></td></tr><tr><td>Production taxes</td><td>6,622</td><td></td><td></td><td>7,294</td><td></td><td></td><td>7,021</td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Total costs and expenses</td><td>289,496</td><td></td><td></td><td>302,515</td><td></td><td></td><td>319,497</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Operating income</td><td>429,899</td><td></td><td></td><td>303,202</td><td></td><td></td><td>283,709</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>( 66 )</td><td></td><td></td><td>( 147 )</td><td></td><td></td><td>( 1,503 )</td><td></td></tr><tr><td>Interest and other income</td><td>6,008</td><td></td><td></td><td>9,952</td><td></td><td></td><td>7,832</td><td></td></tr><tr><td>Interest and other expense</td><td>( 9,749 )</td><td></td><td></td><td>( 30,867 )</td><td></td><td></td><td>( 17,170 )</td><td></td></tr><tr><td>Income before income taxes</td><td>426,092</td><td></td><td></td><td>282,140</td><td></td><td></td><td>272,868</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Income tax expense (Note 11)</td><td>( 93,613 )</td><td></td><td></td><td>( 42,008 )</td><td></td><td></td><td>( 32,926 )</td><td></td></tr><tr><td>Net income and comprehensive income</td><td>332,479</td><td></td><td></td><td>240,132</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Net income and comprehensive income attributable to non-controlling interests</td><td>( 456 )</td><td></td><td></td><td>( 692 )</td><td></td><td></td><td>( 960 )</td><td></td></tr><tr><td>Net income and comprehensive income attributable to Royal Gold common stockholders</td><td>$</td><td>332,023</td><td></td><td></td><td>$</td><td>239,440</td><td></td><td></td><td>$</td><td>238,982</td><td></td></tr><tr><td>Net income per share attributable to Royal Gold common stockholders:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Basic earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.64</td><td></td><td></td><td>$</td><td>3.64</td><td></td></tr><tr><td>Basic weighted average shares outstanding</td><td>65,662,185</td><td></td><td>65,613,002</td><td></td><td>65,576,995</td></tr><tr><td>Diluted earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.63</td><td></td><td></td><td>$</td><td>3.63</td><td></td></tr><tr><td>Diluted weighted average shares outstanding</td><td>65,776,834</td><td></td><td>65,739,110</td><td></td><td>65,661,748</td></tr><tr><td>Cash dividends declared per common share</td><td>$</td><td>1.650</td><td></td><td></td><td>$</td><td>1.525</td><td></td><td></td><td>$</td><td>1.425</td><td></td></tr></table>
table
65613002
sharesItemType
table: <entity> 65613002 </entity> <entity type> sharesItemType </entity type> <context> Basic weighted average shares outstanding | 65,662,185 | 65,613,002 | 65,576,995 </context>
us-gaap:WeightedAverageNumberOfSharesOutstandingBasic
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Revenue (Note 8)</td><td>$</td><td>719,395</td><td></td><td></td><td>$</td><td>605,717</td><td></td><td></td><td>$</td><td>603,206</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Costs and expenses</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cost of sales (excludes depreciation, depletion and amortization)</td><td>97,514</td><td></td><td></td><td>90,523</td><td></td><td></td><td>94,642</td><td></td></tr><tr><td>General and administrative</td><td>40,934</td><td></td><td></td><td>39,761</td><td></td><td></td><td>34,612</td><td></td></tr><tr><td>Production taxes</td><td>6,622</td><td></td><td></td><td>7,294</td><td></td><td></td><td>7,021</td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Total costs and expenses</td><td>289,496</td><td></td><td></td><td>302,515</td><td></td><td></td><td>319,497</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Operating income</td><td>429,899</td><td></td><td></td><td>303,202</td><td></td><td></td><td>283,709</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>( 66 )</td><td></td><td></td><td>( 147 )</td><td></td><td></td><td>( 1,503 )</td><td></td></tr><tr><td>Interest and other income</td><td>6,008</td><td></td><td></td><td>9,952</td><td></td><td></td><td>7,832</td><td></td></tr><tr><td>Interest and other expense</td><td>( 9,749 )</td><td></td><td></td><td>( 30,867 )</td><td></td><td></td><td>( 17,170 )</td><td></td></tr><tr><td>Income before income taxes</td><td>426,092</td><td></td><td></td><td>282,140</td><td></td><td></td><td>272,868</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Income tax expense (Note 11)</td><td>( 93,613 )</td><td></td><td></td><td>( 42,008 )</td><td></td><td></td><td>( 32,926 )</td><td></td></tr><tr><td>Net income and comprehensive income</td><td>332,479</td><td></td><td></td><td>240,132</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Net income and comprehensive income attributable to non-controlling interests</td><td>( 456 )</td><td></td><td></td><td>( 692 )</td><td></td><td></td><td>( 960 )</td><td></td></tr><tr><td>Net income and comprehensive income attributable to Royal Gold common stockholders</td><td>$</td><td>332,023</td><td></td><td></td><td>$</td><td>239,440</td><td></td><td></td><td>$</td><td>238,982</td><td></td></tr><tr><td>Net income per share attributable to Royal Gold common stockholders:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Basic earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.64</td><td></td><td></td><td>$</td><td>3.64</td><td></td></tr><tr><td>Basic weighted average shares outstanding</td><td>65,662,185</td><td></td><td>65,613,002</td><td></td><td>65,576,995</td></tr><tr><td>Diluted earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.63</td><td></td><td></td><td>$</td><td>3.63</td><td></td></tr><tr><td>Diluted weighted average shares outstanding</td><td>65,776,834</td><td></td><td>65,739,110</td><td></td><td>65,661,748</td></tr><tr><td>Cash dividends declared per common share</td><td>$</td><td>1.650</td><td></td><td></td><td>$</td><td>1.525</td><td></td><td></td><td>$</td><td>1.425</td><td></td></tr></table>
table
65576995
sharesItemType
table: <entity> 65576995 </entity> <entity type> sharesItemType </entity type> <context> Basic weighted average shares outstanding | 65,662,185 | 65,613,002 | 65,576,995 </context>
us-gaap:WeightedAverageNumberOfSharesOutstandingBasic
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Revenue (Note 8)</td><td>$</td><td>719,395</td><td></td><td></td><td>$</td><td>605,717</td><td></td><td></td><td>$</td><td>603,206</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Costs and expenses</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cost of sales (excludes depreciation, depletion and amortization)</td><td>97,514</td><td></td><td></td><td>90,523</td><td></td><td></td><td>94,642</td><td></td></tr><tr><td>General and administrative</td><td>40,934</td><td></td><td></td><td>39,761</td><td></td><td></td><td>34,612</td><td></td></tr><tr><td>Production taxes</td><td>6,622</td><td></td><td></td><td>7,294</td><td></td><td></td><td>7,021</td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Total costs and expenses</td><td>289,496</td><td></td><td></td><td>302,515</td><td></td><td></td><td>319,497</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Operating income</td><td>429,899</td><td></td><td></td><td>303,202</td><td></td><td></td><td>283,709</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>( 66 )</td><td></td><td></td><td>( 147 )</td><td></td><td></td><td>( 1,503 )</td><td></td></tr><tr><td>Interest and other income</td><td>6,008</td><td></td><td></td><td>9,952</td><td></td><td></td><td>7,832</td><td></td></tr><tr><td>Interest and other expense</td><td>( 9,749 )</td><td></td><td></td><td>( 30,867 )</td><td></td><td></td><td>( 17,170 )</td><td></td></tr><tr><td>Income before income taxes</td><td>426,092</td><td></td><td></td><td>282,140</td><td></td><td></td><td>272,868</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Income tax expense (Note 11)</td><td>( 93,613 )</td><td></td><td></td><td>( 42,008 )</td><td></td><td></td><td>( 32,926 )</td><td></td></tr><tr><td>Net income and comprehensive income</td><td>332,479</td><td></td><td></td><td>240,132</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Net income and comprehensive income attributable to non-controlling interests</td><td>( 456 )</td><td></td><td></td><td>( 692 )</td><td></td><td></td><td>( 960 )</td><td></td></tr><tr><td>Net income and comprehensive income attributable to Royal Gold common stockholders</td><td>$</td><td>332,023</td><td></td><td></td><td>$</td><td>239,440</td><td></td><td></td><td>$</td><td>238,982</td><td></td></tr><tr><td>Net income per share attributable to Royal Gold common stockholders:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Basic earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.64</td><td></td><td></td><td>$</td><td>3.64</td><td></td></tr><tr><td>Basic weighted average shares outstanding</td><td>65,662,185</td><td></td><td>65,613,002</td><td></td><td>65,576,995</td></tr><tr><td>Diluted earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.63</td><td></td><td></td><td>$</td><td>3.63</td><td></td></tr><tr><td>Diluted weighted average shares outstanding</td><td>65,776,834</td><td></td><td>65,739,110</td><td></td><td>65,661,748</td></tr><tr><td>Cash dividends declared per common share</td><td>$</td><td>1.650</td><td></td><td></td><td>$</td><td>1.525</td><td></td><td></td><td>$</td><td>1.425</td><td></td></tr></table>
table
5.04
perShareItemType
table: <entity> 5.04 </entity> <entity type> perShareItemType </entity type> <context> Basic earnings per share | $ | 5.04 | $ | 3.64 | $ | 3.64 </context>
us-gaap:EarningsPerShareDiluted
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Revenue (Note 8)</td><td>$</td><td>719,395</td><td></td><td></td><td>$</td><td>605,717</td><td></td><td></td><td>$</td><td>603,206</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Costs and expenses</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cost of sales (excludes depreciation, depletion and amortization)</td><td>97,514</td><td></td><td></td><td>90,523</td><td></td><td></td><td>94,642</td><td></td></tr><tr><td>General and administrative</td><td>40,934</td><td></td><td></td><td>39,761</td><td></td><td></td><td>34,612</td><td></td></tr><tr><td>Production taxes</td><td>6,622</td><td></td><td></td><td>7,294</td><td></td><td></td><td>7,021</td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Total costs and expenses</td><td>289,496</td><td></td><td></td><td>302,515</td><td></td><td></td><td>319,497</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Operating income</td><td>429,899</td><td></td><td></td><td>303,202</td><td></td><td></td><td>283,709</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>( 66 )</td><td></td><td></td><td>( 147 )</td><td></td><td></td><td>( 1,503 )</td><td></td></tr><tr><td>Interest and other income</td><td>6,008</td><td></td><td></td><td>9,952</td><td></td><td></td><td>7,832</td><td></td></tr><tr><td>Interest and other expense</td><td>( 9,749 )</td><td></td><td></td><td>( 30,867 )</td><td></td><td></td><td>( 17,170 )</td><td></td></tr><tr><td>Income before income taxes</td><td>426,092</td><td></td><td></td><td>282,140</td><td></td><td></td><td>272,868</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Income tax expense (Note 11)</td><td>( 93,613 )</td><td></td><td></td><td>( 42,008 )</td><td></td><td></td><td>( 32,926 )</td><td></td></tr><tr><td>Net income and comprehensive income</td><td>332,479</td><td></td><td></td><td>240,132</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Net income and comprehensive income attributable to non-controlling interests</td><td>( 456 )</td><td></td><td></td><td>( 692 )</td><td></td><td></td><td>( 960 )</td><td></td></tr><tr><td>Net income and comprehensive income attributable to Royal Gold common stockholders</td><td>$</td><td>332,023</td><td></td><td></td><td>$</td><td>239,440</td><td></td><td></td><td>$</td><td>238,982</td><td></td></tr><tr><td>Net income per share attributable to Royal Gold common stockholders:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Basic earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.64</td><td></td><td></td><td>$</td><td>3.64</td><td></td></tr><tr><td>Basic weighted average shares outstanding</td><td>65,662,185</td><td></td><td>65,613,002</td><td></td><td>65,576,995</td></tr><tr><td>Diluted earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.63</td><td></td><td></td><td>$</td><td>3.63</td><td></td></tr><tr><td>Diluted weighted average shares outstanding</td><td>65,776,834</td><td></td><td>65,739,110</td><td></td><td>65,661,748</td></tr><tr><td>Cash dividends declared per common share</td><td>$</td><td>1.650</td><td></td><td></td><td>$</td><td>1.525</td><td></td><td></td><td>$</td><td>1.425</td><td></td></tr></table>
table
3.63
perShareItemType
table: <entity> 3.63 </entity> <entity type> perShareItemType </entity type> <context> Diluted earnings per share | $ | 5.04 | $ | 3.63 | $ | 3.63 </context>
us-gaap:EarningsPerShareDiluted
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Revenue (Note 8)</td><td>$</td><td>719,395</td><td></td><td></td><td>$</td><td>605,717</td><td></td><td></td><td>$</td><td>603,206</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Costs and expenses</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cost of sales (excludes depreciation, depletion and amortization)</td><td>97,514</td><td></td><td></td><td>90,523</td><td></td><td></td><td>94,642</td><td></td></tr><tr><td>General and administrative</td><td>40,934</td><td></td><td></td><td>39,761</td><td></td><td></td><td>34,612</td><td></td></tr><tr><td>Production taxes</td><td>6,622</td><td></td><td></td><td>7,294</td><td></td><td></td><td>7,021</td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Total costs and expenses</td><td>289,496</td><td></td><td></td><td>302,515</td><td></td><td></td><td>319,497</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Operating income</td><td>429,899</td><td></td><td></td><td>303,202</td><td></td><td></td><td>283,709</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>( 66 )</td><td></td><td></td><td>( 147 )</td><td></td><td></td><td>( 1,503 )</td><td></td></tr><tr><td>Interest and other income</td><td>6,008</td><td></td><td></td><td>9,952</td><td></td><td></td><td>7,832</td><td></td></tr><tr><td>Interest and other expense</td><td>( 9,749 )</td><td></td><td></td><td>( 30,867 )</td><td></td><td></td><td>( 17,170 )</td><td></td></tr><tr><td>Income before income taxes</td><td>426,092</td><td></td><td></td><td>282,140</td><td></td><td></td><td>272,868</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Income tax expense (Note 11)</td><td>( 93,613 )</td><td></td><td></td><td>( 42,008 )</td><td></td><td></td><td>( 32,926 )</td><td></td></tr><tr><td>Net income and comprehensive income</td><td>332,479</td><td></td><td></td><td>240,132</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Net income and comprehensive income attributable to non-controlling interests</td><td>( 456 )</td><td></td><td></td><td>( 692 )</td><td></td><td></td><td>( 960 )</td><td></td></tr><tr><td>Net income and comprehensive income attributable to Royal Gold common stockholders</td><td>$</td><td>332,023</td><td></td><td></td><td>$</td><td>239,440</td><td></td><td></td><td>$</td><td>238,982</td><td></td></tr><tr><td>Net income per share attributable to Royal Gold common stockholders:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Basic earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.64</td><td></td><td></td><td>$</td><td>3.64</td><td></td></tr><tr><td>Basic weighted average shares outstanding</td><td>65,662,185</td><td></td><td>65,613,002</td><td></td><td>65,576,995</td></tr><tr><td>Diluted earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.63</td><td></td><td></td><td>$</td><td>3.63</td><td></td></tr><tr><td>Diluted weighted average shares outstanding</td><td>65,776,834</td><td></td><td>65,739,110</td><td></td><td>65,661,748</td></tr><tr><td>Cash dividends declared per common share</td><td>$</td><td>1.650</td><td></td><td></td><td>$</td><td>1.525</td><td></td><td></td><td>$</td><td>1.425</td><td></td></tr></table>
table
65776834
sharesItemType
table: <entity> 65776834 </entity> <entity type> sharesItemType </entity type> <context> Diluted weighted average shares outstanding | 65,776,834 | 65,739,110 | 65,661,748 </context>
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Revenue (Note 8)</td><td>$</td><td>719,395</td><td></td><td></td><td>$</td><td>605,717</td><td></td><td></td><td>$</td><td>603,206</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Costs and expenses</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cost of sales (excludes depreciation, depletion and amortization)</td><td>97,514</td><td></td><td></td><td>90,523</td><td></td><td></td><td>94,642</td><td></td></tr><tr><td>General and administrative</td><td>40,934</td><td></td><td></td><td>39,761</td><td></td><td></td><td>34,612</td><td></td></tr><tr><td>Production taxes</td><td>6,622</td><td></td><td></td><td>7,294</td><td></td><td></td><td>7,021</td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Total costs and expenses</td><td>289,496</td><td></td><td></td><td>302,515</td><td></td><td></td><td>319,497</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Operating income</td><td>429,899</td><td></td><td></td><td>303,202</td><td></td><td></td><td>283,709</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>( 66 )</td><td></td><td></td><td>( 147 )</td><td></td><td></td><td>( 1,503 )</td><td></td></tr><tr><td>Interest and other income</td><td>6,008</td><td></td><td></td><td>9,952</td><td></td><td></td><td>7,832</td><td></td></tr><tr><td>Interest and other expense</td><td>( 9,749 )</td><td></td><td></td><td>( 30,867 )</td><td></td><td></td><td>( 17,170 )</td><td></td></tr><tr><td>Income before income taxes</td><td>426,092</td><td></td><td></td><td>282,140</td><td></td><td></td><td>272,868</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Income tax expense (Note 11)</td><td>( 93,613 )</td><td></td><td></td><td>( 42,008 )</td><td></td><td></td><td>( 32,926 )</td><td></td></tr><tr><td>Net income and comprehensive income</td><td>332,479</td><td></td><td></td><td>240,132</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Net income and comprehensive income attributable to non-controlling interests</td><td>( 456 )</td><td></td><td></td><td>( 692 )</td><td></td><td></td><td>( 960 )</td><td></td></tr><tr><td>Net income and comprehensive income attributable to Royal Gold common stockholders</td><td>$</td><td>332,023</td><td></td><td></td><td>$</td><td>239,440</td><td></td><td></td><td>$</td><td>238,982</td><td></td></tr><tr><td>Net income per share attributable to Royal Gold common stockholders:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Basic earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.64</td><td></td><td></td><td>$</td><td>3.64</td><td></td></tr><tr><td>Basic weighted average shares outstanding</td><td>65,662,185</td><td></td><td>65,613,002</td><td></td><td>65,576,995</td></tr><tr><td>Diluted earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.63</td><td></td><td></td><td>$</td><td>3.63</td><td></td></tr><tr><td>Diluted weighted average shares outstanding</td><td>65,776,834</td><td></td><td>65,739,110</td><td></td><td>65,661,748</td></tr><tr><td>Cash dividends declared per common share</td><td>$</td><td>1.650</td><td></td><td></td><td>$</td><td>1.525</td><td></td><td></td><td>$</td><td>1.425</td><td></td></tr></table>
table
65739110
sharesItemType
table: <entity> 65739110 </entity> <entity type> sharesItemType </entity type> <context> Diluted weighted average shares outstanding | 65,776,834 | 65,739,110 | 65,661,748 </context>
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Revenue (Note 8)</td><td>$</td><td>719,395</td><td></td><td></td><td>$</td><td>605,717</td><td></td><td></td><td>$</td><td>603,206</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Costs and expenses</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cost of sales (excludes depreciation, depletion and amortization)</td><td>97,514</td><td></td><td></td><td>90,523</td><td></td><td></td><td>94,642</td><td></td></tr><tr><td>General and administrative</td><td>40,934</td><td></td><td></td><td>39,761</td><td></td><td></td><td>34,612</td><td></td></tr><tr><td>Production taxes</td><td>6,622</td><td></td><td></td><td>7,294</td><td></td><td></td><td>7,021</td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Total costs and expenses</td><td>289,496</td><td></td><td></td><td>302,515</td><td></td><td></td><td>319,497</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Operating income</td><td>429,899</td><td></td><td></td><td>303,202</td><td></td><td></td><td>283,709</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>( 66 )</td><td></td><td></td><td>( 147 )</td><td></td><td></td><td>( 1,503 )</td><td></td></tr><tr><td>Interest and other income</td><td>6,008</td><td></td><td></td><td>9,952</td><td></td><td></td><td>7,832</td><td></td></tr><tr><td>Interest and other expense</td><td>( 9,749 )</td><td></td><td></td><td>( 30,867 )</td><td></td><td></td><td>( 17,170 )</td><td></td></tr><tr><td>Income before income taxes</td><td>426,092</td><td></td><td></td><td>282,140</td><td></td><td></td><td>272,868</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Income tax expense (Note 11)</td><td>( 93,613 )</td><td></td><td></td><td>( 42,008 )</td><td></td><td></td><td>( 32,926 )</td><td></td></tr><tr><td>Net income and comprehensive income</td><td>332,479</td><td></td><td></td><td>240,132</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Net income and comprehensive income attributable to non-controlling interests</td><td>( 456 )</td><td></td><td></td><td>( 692 )</td><td></td><td></td><td>( 960 )</td><td></td></tr><tr><td>Net income and comprehensive income attributable to Royal Gold common stockholders</td><td>$</td><td>332,023</td><td></td><td></td><td>$</td><td>239,440</td><td></td><td></td><td>$</td><td>238,982</td><td></td></tr><tr><td>Net income per share attributable to Royal Gold common stockholders:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Basic earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.64</td><td></td><td></td><td>$</td><td>3.64</td><td></td></tr><tr><td>Basic weighted average shares outstanding</td><td>65,662,185</td><td></td><td>65,613,002</td><td></td><td>65,576,995</td></tr><tr><td>Diluted earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.63</td><td></td><td></td><td>$</td><td>3.63</td><td></td></tr><tr><td>Diluted weighted average shares outstanding</td><td>65,776,834</td><td></td><td>65,739,110</td><td></td><td>65,661,748</td></tr><tr><td>Cash dividends declared per common share</td><td>$</td><td>1.650</td><td></td><td></td><td>$</td><td>1.525</td><td></td><td></td><td>$</td><td>1.425</td><td></td></tr></table>
table
65661748
sharesItemType
table: <entity> 65661748 </entity> <entity type> sharesItemType </entity type> <context> Diluted weighted average shares outstanding | 65,776,834 | 65,739,110 | 65,661,748 </context>
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Revenue (Note 8)</td><td>$</td><td>719,395</td><td></td><td></td><td>$</td><td>605,717</td><td></td><td></td><td>$</td><td>603,206</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Costs and expenses</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cost of sales (excludes depreciation, depletion and amortization)</td><td>97,514</td><td></td><td></td><td>90,523</td><td></td><td></td><td>94,642</td><td></td></tr><tr><td>General and administrative</td><td>40,934</td><td></td><td></td><td>39,761</td><td></td><td></td><td>34,612</td><td></td></tr><tr><td>Production taxes</td><td>6,622</td><td></td><td></td><td>7,294</td><td></td><td></td><td>7,021</td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Total costs and expenses</td><td>289,496</td><td></td><td></td><td>302,515</td><td></td><td></td><td>319,497</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Operating income</td><td>429,899</td><td></td><td></td><td>303,202</td><td></td><td></td><td>283,709</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>( 66 )</td><td></td><td></td><td>( 147 )</td><td></td><td></td><td>( 1,503 )</td><td></td></tr><tr><td>Interest and other income</td><td>6,008</td><td></td><td></td><td>9,952</td><td></td><td></td><td>7,832</td><td></td></tr><tr><td>Interest and other expense</td><td>( 9,749 )</td><td></td><td></td><td>( 30,867 )</td><td></td><td></td><td>( 17,170 )</td><td></td></tr><tr><td>Income before income taxes</td><td>426,092</td><td></td><td></td><td>282,140</td><td></td><td></td><td>272,868</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Income tax expense (Note 11)</td><td>( 93,613 )</td><td></td><td></td><td>( 42,008 )</td><td></td><td></td><td>( 32,926 )</td><td></td></tr><tr><td>Net income and comprehensive income</td><td>332,479</td><td></td><td></td><td>240,132</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Net income and comprehensive income attributable to non-controlling interests</td><td>( 456 )</td><td></td><td></td><td>( 692 )</td><td></td><td></td><td>( 960 )</td><td></td></tr><tr><td>Net income and comprehensive income attributable to Royal Gold common stockholders</td><td>$</td><td>332,023</td><td></td><td></td><td>$</td><td>239,440</td><td></td><td></td><td>$</td><td>238,982</td><td></td></tr><tr><td>Net income per share attributable to Royal Gold common stockholders:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Basic earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.64</td><td></td><td></td><td>$</td><td>3.64</td><td></td></tr><tr><td>Basic weighted average shares outstanding</td><td>65,662,185</td><td></td><td>65,613,002</td><td></td><td>65,576,995</td></tr><tr><td>Diluted earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.63</td><td></td><td></td><td>$</td><td>3.63</td><td></td></tr><tr><td>Diluted weighted average shares outstanding</td><td>65,776,834</td><td></td><td>65,739,110</td><td></td><td>65,661,748</td></tr><tr><td>Cash dividends declared per common share</td><td>$</td><td>1.650</td><td></td><td></td><td>$</td><td>1.525</td><td></td><td></td><td>$</td><td>1.425</td><td></td></tr></table>
table
1.650
perShareItemType
table: <entity> 1.650 </entity> <entity type> perShareItemType </entity type> <context> Cash dividends declared per common share | $ | 1.650 | $ | 1.525 | $ | 1.425 </context>
us-gaap:CommonStockDividendsPerShareDeclared
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Revenue (Note 8)</td><td>$</td><td>719,395</td><td></td><td></td><td>$</td><td>605,717</td><td></td><td></td><td>$</td><td>603,206</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Costs and expenses</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cost of sales (excludes depreciation, depletion and amortization)</td><td>97,514</td><td></td><td></td><td>90,523</td><td></td><td></td><td>94,642</td><td></td></tr><tr><td>General and administrative</td><td>40,934</td><td></td><td></td><td>39,761</td><td></td><td></td><td>34,612</td><td></td></tr><tr><td>Production taxes</td><td>6,622</td><td></td><td></td><td>7,294</td><td></td><td></td><td>7,021</td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Total costs and expenses</td><td>289,496</td><td></td><td></td><td>302,515</td><td></td><td></td><td>319,497</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Operating income</td><td>429,899</td><td></td><td></td><td>303,202</td><td></td><td></td><td>283,709</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>( 66 )</td><td></td><td></td><td>( 147 )</td><td></td><td></td><td>( 1,503 )</td><td></td></tr><tr><td>Interest and other income</td><td>6,008</td><td></td><td></td><td>9,952</td><td></td><td></td><td>7,832</td><td></td></tr><tr><td>Interest and other expense</td><td>( 9,749 )</td><td></td><td></td><td>( 30,867 )</td><td></td><td></td><td>( 17,170 )</td><td></td></tr><tr><td>Income before income taxes</td><td>426,092</td><td></td><td></td><td>282,140</td><td></td><td></td><td>272,868</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Income tax expense (Note 11)</td><td>( 93,613 )</td><td></td><td></td><td>( 42,008 )</td><td></td><td></td><td>( 32,926 )</td><td></td></tr><tr><td>Net income and comprehensive income</td><td>332,479</td><td></td><td></td><td>240,132</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Net income and comprehensive income attributable to non-controlling interests</td><td>( 456 )</td><td></td><td></td><td>( 692 )</td><td></td><td></td><td>( 960 )</td><td></td></tr><tr><td>Net income and comprehensive income attributable to Royal Gold common stockholders</td><td>$</td><td>332,023</td><td></td><td></td><td>$</td><td>239,440</td><td></td><td></td><td>$</td><td>238,982</td><td></td></tr><tr><td>Net income per share attributable to Royal Gold common stockholders:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Basic earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.64</td><td></td><td></td><td>$</td><td>3.64</td><td></td></tr><tr><td>Basic weighted average shares outstanding</td><td>65,662,185</td><td></td><td>65,613,002</td><td></td><td>65,576,995</td></tr><tr><td>Diluted earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.63</td><td></td><td></td><td>$</td><td>3.63</td><td></td></tr><tr><td>Diluted weighted average shares outstanding</td><td>65,776,834</td><td></td><td>65,739,110</td><td></td><td>65,661,748</td></tr><tr><td>Cash dividends declared per common share</td><td>$</td><td>1.650</td><td></td><td></td><td>$</td><td>1.525</td><td></td><td></td><td>$</td><td>1.425</td><td></td></tr></table>
table
1.525
perShareItemType
table: <entity> 1.525 </entity> <entity type> perShareItemType </entity type> <context> Cash dividends declared per common share | $ | 1.650 | $ | 1.525 | $ | 1.425 </context>
us-gaap:CommonStockDividendsPerShareDeclared
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Revenue (Note 8)</td><td>$</td><td>719,395</td><td></td><td></td><td>$</td><td>605,717</td><td></td><td></td><td>$</td><td>603,206</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Costs and expenses</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cost of sales (excludes depreciation, depletion and amortization)</td><td>97,514</td><td></td><td></td><td>90,523</td><td></td><td></td><td>94,642</td><td></td></tr><tr><td>General and administrative</td><td>40,934</td><td></td><td></td><td>39,761</td><td></td><td></td><td>34,612</td><td></td></tr><tr><td>Production taxes</td><td>6,622</td><td></td><td></td><td>7,294</td><td></td><td></td><td>7,021</td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Total costs and expenses</td><td>289,496</td><td></td><td></td><td>302,515</td><td></td><td></td><td>319,497</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Operating income</td><td>429,899</td><td></td><td></td><td>303,202</td><td></td><td></td><td>283,709</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>( 66 )</td><td></td><td></td><td>( 147 )</td><td></td><td></td><td>( 1,503 )</td><td></td></tr><tr><td>Interest and other income</td><td>6,008</td><td></td><td></td><td>9,952</td><td></td><td></td><td>7,832</td><td></td></tr><tr><td>Interest and other expense</td><td>( 9,749 )</td><td></td><td></td><td>( 30,867 )</td><td></td><td></td><td>( 17,170 )</td><td></td></tr><tr><td>Income before income taxes</td><td>426,092</td><td></td><td></td><td>282,140</td><td></td><td></td><td>272,868</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Income tax expense (Note 11)</td><td>( 93,613 )</td><td></td><td></td><td>( 42,008 )</td><td></td><td></td><td>( 32,926 )</td><td></td></tr><tr><td>Net income and comprehensive income</td><td>332,479</td><td></td><td></td><td>240,132</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Net income and comprehensive income attributable to non-controlling interests</td><td>( 456 )</td><td></td><td></td><td>( 692 )</td><td></td><td></td><td>( 960 )</td><td></td></tr><tr><td>Net income and comprehensive income attributable to Royal Gold common stockholders</td><td>$</td><td>332,023</td><td></td><td></td><td>$</td><td>239,440</td><td></td><td></td><td>$</td><td>238,982</td><td></td></tr><tr><td>Net income per share attributable to Royal Gold common stockholders:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Basic earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.64</td><td></td><td></td><td>$</td><td>3.64</td><td></td></tr><tr><td>Basic weighted average shares outstanding</td><td>65,662,185</td><td></td><td>65,613,002</td><td></td><td>65,576,995</td></tr><tr><td>Diluted earnings per share</td><td>$</td><td>5.04</td><td></td><td></td><td>$</td><td>3.63</td><td></td><td></td><td>$</td><td>3.63</td><td></td></tr><tr><td>Diluted weighted average shares outstanding</td><td>65,776,834</td><td></td><td>65,739,110</td><td></td><td>65,661,748</td></tr><tr><td>Cash dividends declared per common share</td><td>$</td><td>1.650</td><td></td><td></td><td>$</td><td>1.525</td><td></td><td></td><td>$</td><td>1.425</td><td></td></tr></table>
table
1.425
perShareItemType
table: <entity> 1.425 </entity> <entity type> perShareItemType </entity type> <context> Cash dividends declared per common share | $ | 1.650 | $ | 1.525 | $ | 1.425 </context>
us-gaap:CommonStockDividendsPerShareDeclared
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
65564364
sharesItemType
table: <entity> 65564364 </entity> <entity type> sharesItemType </entity type> <context> Balance at December 31, 2021 | 65,564,364 | $ | 656 | $ | 2,206,159 | $ | 381,929 | $ | 12,467 | $ | 2,601,211 </context>
us-gaap:SharesOutstanding
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
656
monetaryItemType
table: <entity> 656 </entity> <entity type> monetaryItemType </entity type> <context> Balance at December 31, 2021 | 65,564,364 | $ | 656 | $ | 2,206,159 | $ | 381,929 | $ | 12,467 | $ | 2,601,211 </context>
us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
2206159
monetaryItemType
table: <entity> 2206159 </entity> <entity type> monetaryItemType </entity type> <context> Balance at December 31, 2021 | 65,564,364 | $ | 656 | $ | 2,206,159 | $ | 381,929 | $ | 12,467 | $ | 2,601,211 </context>
us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
381929
monetaryItemType
table: <entity> 381929 </entity> <entity type> monetaryItemType </entity type> <context> Balance at December 31, 2021 | 65,564,364 | $ | 656 | $ | 2,206,159 | $ | 381,929 | $ | 12,467 | $ | 2,601,211 </context>
us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
12467
monetaryItemType
table: <entity> 12467 </entity> <entity type> monetaryItemType </entity type> <context> Balance at December 31, 2021 | 65,564,364 | $ | 656 | $ | 2,206,159 | $ | 381,929 | $ | 12,467 | $ | 2,601,211 </context>
us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
2601211
monetaryItemType
table: <entity> 2601211 </entity> <entity type> monetaryItemType </entity type> <context> Balance at December 31, 2021 | 65,564,364 | $ | 656 | $ | 2,206,159 | $ | 381,929 | $ | 12,467 | $ | 2,601,211 </context>
us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
28233
sharesItemType
table: <entity> 28233 </entity> <entity type> sharesItemType </entity type> <context> Stock-based compensation and related share issuances | 28,233 | — | 6,964 | — | — | 6,964 </context>
us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensation
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
6964
monetaryItemType
table: <entity> 6964 </entity> <entity type> monetaryItemType </entity type> <context> Stock-based compensation and related share issuances | 28,233 | — | 6,964 | — | — | 6,964 </context>
us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
1051
monetaryItemType
table: <entity> 1051 </entity> <entity type> monetaryItemType </entity type> <context> None </context>
us-gaap:MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
238982
monetaryItemType
table: <entity> 238982 </entity> <entity type> monetaryItemType </entity type> <context> Net income | — | — | — | 238,982 | 960 | 239,942 </context>
us-gaap:ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
960
monetaryItemType
table: <entity> 960 </entity> <entity type> monetaryItemType </entity type> <context> Net income | — | — | — | 238,982 | 960 | 239,942 </context>
us-gaap:ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
239942
monetaryItemType
table: <entity> 239942 </entity> <entity type> monetaryItemType </entity type> <context> Net income | — | — | — | 238,982 | 960 | 239,942 </context>
us-gaap:ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
93597
monetaryItemType
table: <entity> 93597 </entity> <entity type> monetaryItemType </entity type> <context> None </context>
us-gaap:DividendsCommonStock
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
65592597
sharesItemType
table: <entity> 65592597 </entity> <entity type> sharesItemType </entity type> <context> Balance at December 31, 2022 | 65,592,597 | $ | 656 | $ | 2,213,123 | $ | 527,314 | $ | 12,376 | $ | 2,753,469 </context>
us-gaap:SharesOutstanding
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
2213123
monetaryItemType
table: <entity> 2213123 </entity> <entity type> monetaryItemType </entity type> <context> Balance at December 31, 2022 | 65,592,597 | $ | 656 | $ | 2,213,123 | $ | 527,314 | $ | 12,376 | $ | 2,753,469 </context>
us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
527314
monetaryItemType
table: <entity> 527314 </entity> <entity type> monetaryItemType </entity type> <context> Balance at December 31, 2022 | 65,592,597 | $ | 656 | $ | 2,213,123 | $ | 527,314 | $ | 12,376 | $ | 2,753,469 </context>
us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
12376
monetaryItemType
table: <entity> 12376 </entity> <entity type> monetaryItemType </entity type> <context> Balance at December 31, 2022 | 65,592,597 | $ | 656 | $ | 2,213,123 | $ | 527,314 | $ | 12,376 | $ | 2,753,469 </context>
us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
2753469
monetaryItemType
table: <entity> 2753469 </entity> <entity type> monetaryItemType </entity type> <context> Balance at December 31, 2022 | 65,592,597 | $ | 656 | $ | 2,213,123 | $ | 527,314 | $ | 12,376 | $ | 2,753,469 </context>
us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
39163
sharesItemType
table: <entity> 39163 </entity> <entity type> sharesItemType </entity type> <context> Stock-based compensation and related share issuances | 39,163 | — | 7,916 | — | — | 7,916 </context>
us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensation
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
7916
monetaryItemType
table: <entity> 7916 </entity> <entity type> monetaryItemType </entity type> <context> Stock-based compensation and related share issuances | 39,163 | — | 7,916 | — | — | 7,916 </context>
us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
644
monetaryItemType
table: <entity> 644 </entity> <entity type> monetaryItemType </entity type> <context> None </context>
us-gaap:MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
239440
monetaryItemType
table: <entity> 239440 </entity> <entity type> monetaryItemType </entity type> <context> Net income | — | — | — | 239,440 | 692 | 240,132 </context>
us-gaap:ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
692
monetaryItemType
table: <entity> 692 </entity> <entity type> monetaryItemType </entity type> <context> Net income | — | — | — | 239,440 | 692 | 240,132 </context>
us-gaap:ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
240132
monetaryItemType
table: <entity> 240132 </entity> <entity type> monetaryItemType </entity type> <context> Net income | — | — | — | 239,440 | 692 | 240,132 </context>
us-gaap:ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
100232
monetaryItemType
table: <entity> 100232 </entity> <entity type> monetaryItemType </entity type> <context> None </context>
us-gaap:DividendsCommonStock
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
65631760
sharesItemType
table: <entity> 65631760 </entity> <entity type> sharesItemType </entity type> <context> Balance at December 31, 2023 | 65,631,760 | $ | 656 | $ | 2,221,039 | $ | 666,522 | $ | 12,424 | $ | 2,900,641 </context>
us-gaap:SharesOutstanding
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
2221039
monetaryItemType
table: <entity> 2221039 </entity> <entity type> monetaryItemType </entity type> <context> Balance at December 31, 2023 | 65,631,760 | $ | 656 | $ | 2,221,039 | $ | 666,522 | $ | 12,424 | $ | 2,900,641 </context>
us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
666522
monetaryItemType
table: <entity> 666522 </entity> <entity type> monetaryItemType </entity type> <context> Balance at December 31, 2023 | 65,631,760 | $ | 656 | $ | 2,221,039 | $ | 666,522 | $ | 12,424 | $ | 2,900,641 </context>
us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
12424
monetaryItemType
table: <entity> 12424 </entity> <entity type> monetaryItemType </entity type> <context> Balance at December 31, 2023 | 65,631,760 | $ | 656 | $ | 2,221,039 | $ | 666,522 | $ | 12,424 | $ | 2,900,641 </context>
us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
2900641
monetaryItemType
table: <entity> 2900641 </entity> <entity type> monetaryItemType </entity type> <context> Balance at December 31, 2023 | 65,631,760 | $ | 656 | $ | 2,221,039 | $ | 666,522 | $ | 12,424 | $ | 2,900,641 </context>
us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
59391
sharesItemType
table: <entity> 59391 </entity> <entity type> sharesItemType </entity type> <context> Stock-based compensation and related share issuances | 59,391 | 1 | 7,272 | — | — | 7,273 </context>
us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensation
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
1
monetaryItemType
table: <entity> 1 </entity> <entity type> monetaryItemType </entity type> <context> Stock-based compensation and related share issuances | 59,391 | 1 | 7,272 | — | — | 7,273 </context>
us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
7272
monetaryItemType
table: <entity> 7272 </entity> <entity type> monetaryItemType </entity type> <context> Stock-based compensation and related share issuances | 59,391 | 1 | 7,272 | — | — | 7,273 </context>
us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
7273
monetaryItemType
table: <entity> 7273 </entity> <entity type> monetaryItemType </entity type> <context> Stock-based compensation and related share issuances | 59,391 | 1 | 7,272 | — | — | 7,273 </context>
us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
631
monetaryItemType
table: <entity> 631 </entity> <entity type> monetaryItemType </entity type> <context> None </context>
us-gaap:MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
332023
monetaryItemType
table: <entity> 332023 </entity> <entity type> monetaryItemType </entity type> <context> Net income | — | — | — | 332,023 | 456 | 332,479 </context>
us-gaap:ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
456
monetaryItemType
table: <entity> 456 </entity> <entity type> monetaryItemType </entity type> <context> Net income | — | — | — | 332,023 | 456 | 332,479 </context>
us-gaap:ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
332479
monetaryItemType
table: <entity> 332479 </entity> <entity type> monetaryItemType </entity type> <context> Net income | — | — | — | 332,023 | 456 | 332,479 </context>
us-gaap:ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
108556
monetaryItemType
table: <entity> 108556 </entity> <entity type> monetaryItemType </entity type> <context> None </context>
us-gaap:DividendsCommonStock
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
65691151
sharesItemType
table: <entity> 65691151 </entity> <entity type> sharesItemType </entity type> <context> Balance at December 31, 2024 | 65,691,151 | $ | 657 | $ | 2,228,311 | $ | 889,989 | $ | 12,249 | $ | 3,131,206 </context>
us-gaap:SharesOutstanding
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
657
monetaryItemType
table: <entity> 657 </entity> <entity type> monetaryItemType </entity type> <context> Balance at December 31, 2024 | 65,691,151 | $ | 657 | $ | 2,228,311 | $ | 889,989 | $ | 12,249 | $ | 3,131,206 </context>
us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
2228311
monetaryItemType
table: <entity> 2228311 </entity> <entity type> monetaryItemType </entity type> <context> Balance at December 31, 2024 | 65,691,151 | $ | 657 | $ | 2,228,311 | $ | 889,989 | $ | 12,249 | $ | 3,131,206 </context>
us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
889989
monetaryItemType
table: <entity> 889989 </entity> <entity type> monetaryItemType </entity type> <context> Balance at December 31, 2024 | 65,691,151 | $ | 657 | $ | 2,228,311 | $ | 889,989 | $ | 12,249 | $ | 3,131,206 </context>
us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
12249
monetaryItemType
table: <entity> 12249 </entity> <entity type> monetaryItemType </entity type> <context> Balance at December 31, 2024 | 65,691,151 | $ | 657 | $ | 2,228,311 | $ | 889,989 | $ | 12,249 | $ | 3,131,206 </context>
us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Royal Gold Stockholders</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Common Shares</td><td></td><td>Additional Paid-In Capital</td><td></td><td>Accumulated Earnings</td><td></td><td>Non-controlling Interests</td><td></td><td>Total Equity</td></tr><tr><td></td><td>Shares</td><td></td><td>Amount</td><td></td><td></td><td></td><td></td></tr><tr><td>Balance at December 31, 2021</td><td>65,564,364</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,206,159 </td><td></td><td></td><td>$</td><td>381,929 </td><td></td><td></td><td>$</td><td>12,467 </td><td></td><td></td><td>$</td><td>2,601,211 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>28,233</td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>6,964</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 1,051 )</td><td></td><td></td><td>( 1,051 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>238,982</td><td></td><td></td><td>960</td><td></td><td></td><td>239,942</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 93,597 )</td><td></td></tr><tr><td>Balance at December 31, 2022</td><td>65,592,597</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,213,123 </td><td></td><td></td><td>$</td><td>527,314 </td><td></td><td></td><td>$</td><td>12,376 </td><td></td><td></td><td>$</td><td>2,753,469 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>39,163</td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,916</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 644 )</td><td></td><td></td><td>( 644 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>239,440</td><td></td><td></td><td>692</td><td></td><td></td><td>240,132</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 100,232 )</td><td></td></tr><tr><td>Balance at December 31, 2023</td><td>65,631,760</td><td></td><td>$</td><td>656 </td><td></td><td></td><td>$</td><td>2,221,039 </td><td></td><td></td><td>$</td><td>666,522 </td><td></td><td></td><td>$</td><td>12,424 </td><td></td><td></td><td>$</td><td>2,900,641 </td><td></td></tr><tr><td>Stock-based compensation and related share issuances</td><td>59,391</td><td></td><td>1</td><td></td><td></td><td>7,272</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>7,273</td><td></td></tr><tr><td>Distributions to non-controlling interests</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 631 )</td><td></td><td></td><td>( 631 )</td><td></td></tr><tr><td>Net income</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>332,023</td><td></td><td></td><td>456</td><td></td><td></td><td>332,479</td><td></td></tr><tr><td>Dividends declared</td><td>—</td><td></td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td><td></td><td>—</td><td></td><td></td><td>( 108,556 )</td><td></td></tr><tr><td>Balance at December 31, 2024</td><td>65,691,151</td><td></td><td>$</td><td>657 </td><td></td><td></td><td>$</td><td>2,228,311 </td><td></td><td></td><td>$</td><td>889,989 </td><td></td><td></td><td>$</td><td>12,249 </td><td></td><td></td><td>$</td><td>3,131,206 </td><td></td></tr></table>
table
3131206
monetaryItemType
table: <entity> 3131206 </entity> <entity type> monetaryItemType </entity type> <context> Balance at December 31, 2024 | 65,691,151 | $ | 657 | $ | 2,228,311 | $ | 889,989 | $ | 12,249 | $ | 3,131,206 </context>
us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
332479
monetaryItemType
table: <entity> 332479 </entity> <entity type> monetaryItemType </entity type> <context> Net income and comprehensive income | $ | 332,479 | $ | 240,132 | $ | 239,942 </context>
us-gaap:ProfitLoss
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
240132
monetaryItemType
table: <entity> 240132 </entity> <entity type> monetaryItemType </entity type> <context> Net income and comprehensive income | $ | 332,479 | $ | 240,132 | $ | 239,942 </context>
us-gaap:ProfitLoss
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
239942
monetaryItemType
table: <entity> 239942 </entity> <entity type> monetaryItemType </entity type> <context> Net income and comprehensive income | $ | 332,479 | $ | 240,132 | $ | 239,942 </context>
us-gaap:ProfitLoss
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
144426
monetaryItemType
table: <entity> 144426 </entity> <entity type> monetaryItemType </entity type> <context> Depreciation, depletion and amortization | 144,426 | 164,937 | 178,935 </context>
us-gaap:DepreciationDepletionAndAmortization
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
164937
monetaryItemType
table: <entity> 164937 </entity> <entity type> monetaryItemType </entity type> <context> Depreciation, depletion and amortization | 144,426 | 164,937 | 178,935 </context>
us-gaap:DepreciationDepletionAndAmortization
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
178935
monetaryItemType
table: <entity> 178935 </entity> <entity type> monetaryItemType </entity type> <context> Depreciation, depletion and amortization | 144,426 | 164,937 | 178,935 </context>
us-gaap:DepreciationDepletionAndAmortization
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
11892
monetaryItemType
table: <entity> 11892 </entity> <entity type> monetaryItemType </entity type> <context> Non-cash employee stock compensation expense | 11,892 | 9,696 | 8,411 </context>
us-gaap:ShareBasedCompensation
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
9696
monetaryItemType
table: <entity> 9696 </entity> <entity type> monetaryItemType </entity type> <context> Non-cash employee stock compensation expense | 11,892 | 9,696 | 8,411 </context>
us-gaap:ShareBasedCompensation
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
8411
monetaryItemType
table: <entity> 8411 </entity> <entity type> monetaryItemType </entity type> <context> Non-cash employee stock compensation expense | 11,892 | 9,696 | 8,411 </context>
us-gaap:ShareBasedCompensation
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
66
monetaryItemType
table: <entity> 66 </entity> <entity type> monetaryItemType </entity type> <context> Fair value changes in equity securities | 66 | 147 | 1,503 </context>
us-gaap:EquitySecuritiesFvNiUnrealizedGainLoss
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
147
monetaryItemType
table: <entity> 147 </entity> <entity type> monetaryItemType </entity type> <context> Fair value changes in equity securities | 66 | 147 | 1,503 </context>
us-gaap:EquitySecuritiesFvNiUnrealizedGainLoss
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
1503
monetaryItemType
table: <entity> 1503 </entity> <entity type> monetaryItemType </entity type> <context> Fair value changes in equity securities | 66 | 147 | 1,503 </context>
us-gaap:EquitySecuritiesFvNiUnrealizedGainLoss
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
8354
monetaryItemType
table: <entity> 8354 </entity> <entity type> monetaryItemType </entity type> <context> Deferred tax expense (benefit) | 8,354 | ( 6,469 ) | ( 19,836 ) </context>
us-gaap:DeferredIncomeTaxExpenseBenefit
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
6469
monetaryItemType
table: <entity> 6469 </entity> <entity type> monetaryItemType </entity type> <context> None </context>
us-gaap:DeferredIncomeTaxExpenseBenefit
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
19836
monetaryItemType
table: <entity> 19836 </entity> <entity type> monetaryItemType </entity type> <context> None </context>
us-gaap:DeferredIncomeTaxExpenseBenefit
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
—
monetaryItemType
table: <entity> — </entity> <entity type> monetaryItemType </entity type> <context> Impairment of royalty interests | — | — | 4,287 </context>
us-gaap:AssetImpairmentCharges
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
4287
monetaryItemType
table: <entity> 4287 </entity> <entity type> monetaryItemType </entity type> <context> Impairment of royalty interests | — | — | 4,287 </context>
us-gaap:AssetImpairmentCharges
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
945
monetaryItemType
table: <entity> 945 </entity> <entity type> monetaryItemType </entity type> <context> Other | 945 | 779 | 979 </context>
us-gaap:OtherNoncashIncomeExpense
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
779
monetaryItemType
table: <entity> 779 </entity> <entity type> monetaryItemType </entity type> <context> Other | 945 | 779 | 979 </context>
us-gaap:OtherNoncashIncomeExpense
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
979
monetaryItemType
table: <entity> 979 </entity> <entity type> monetaryItemType </entity type> <context> Other | 945 | 779 | 979 </context>
us-gaap:OtherNoncashIncomeExpense
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
14577
monetaryItemType
table: <entity> 14577 </entity> <entity type> monetaryItemType </entity type> <context> None </context>
us-gaap:IncreaseDecreaseInAccountsReceivable
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
521
monetaryItemType
table: <entity> 521 </entity> <entity type> monetaryItemType </entity type> <context> Royalty receivables | ( 14,577 ) | 521 | 4,683 </context>
us-gaap:IncreaseDecreaseInAccountsReceivable
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
4683
monetaryItemType
table: <entity> 4683 </entity> <entity type> monetaryItemType </entity type> <context> Royalty receivables | ( 14,577 ) | 521 | 4,683 </context>
us-gaap:IncreaseDecreaseInAccountsReceivable
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
3186
monetaryItemType
table: <entity> 3186 </entity> <entity type> monetaryItemType </entity type> <context> None </context>
us-gaap:IncreaseDecreaseInInventories
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
2868
monetaryItemType
table: <entity> 2868 </entity> <entity type> monetaryItemType </entity type> <context> Stream inventory | ( 3,186 ) | 2,868 | ( 1,049 ) </context>
us-gaap:IncreaseDecreaseInInventories
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
1049
monetaryItemType
table: <entity> 1049 </entity> <entity type> monetaryItemType </entity type> <context> None </context>
us-gaap:IncreaseDecreaseInInventories
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
1537
monetaryItemType
table: <entity> 1537 </entity> <entity type> monetaryItemType </entity type> <context> Income tax receivable | 1,537 | 390 | 1,849 </context>
us-gaap:IncreaseDecreaseInIncomeTaxesReceivable
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
390
monetaryItemType
table: <entity> 390 </entity> <entity type> monetaryItemType </entity type> <context> Income tax receivable | 1,537 | 390 | 1,849 </context>
us-gaap:IncreaseDecreaseInIncomeTaxesReceivable
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
1849
monetaryItemType
table: <entity> 1849 </entity> <entity type> monetaryItemType </entity type> <context> Income tax receivable | 1,537 | 390 | 1,849 </context>
us-gaap:IncreaseDecreaseInIncomeTaxesReceivable
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
11168
monetaryItemType
table: <entity> 11168 </entity> <entity type> monetaryItemType </entity type> <context> Prepaid expenses and other assets | 11,168 | ( 4,369 ) | ( 3,908 ) </context>
us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
4369
monetaryItemType
table: <entity> 4369 </entity> <entity type> monetaryItemType </entity type> <context> None </context>
us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
3908
monetaryItemType
table: <entity> 3908 </entity> <entity type> monetaryItemType </entity type> <context> None </context>
us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
9113
monetaryItemType
table: <entity> 9113 </entity> <entity type> monetaryItemType </entity type> <context> None </context>
us-gaap:IncreaseDecreaseInAccountsPayable
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
4756
monetaryItemType
table: <entity> 4756 </entity> <entity type> monetaryItemType </entity type> <context> Accounts payable | ( 9,113 ) | 4,756 | 211 </context>
us-gaap:IncreaseDecreaseInAccountsPayable
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
211
monetaryItemType
table: <entity> 211 </entity> <entity type> monetaryItemType </entity type> <context> Accounts payable | ( 9,113 ) | 4,756 | 211 </context>
us-gaap:IncreaseDecreaseInAccountsPayable
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Years Ended</td></tr><tr><td></td><td>December 31, 2024</td><td></td><td>December 31, 2023</td><td></td><td>December 31, 2022</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income and comprehensive income</td><td>$</td><td>332,479</td><td></td><td></td><td>$</td><td>240,132</td><td></td><td></td><td>$</td><td>239,942</td><td></td></tr><tr><td>Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depreciation, depletion and amortization</td><td>144,426</td><td></td><td></td><td>164,937</td><td></td><td></td><td>178,935</td><td></td></tr><tr><td>Non-cash employee stock compensation expense</td><td>11,892</td><td></td><td></td><td>9,696</td><td></td><td></td><td>8,411</td><td></td></tr><tr><td>Fair value changes in equity securities</td><td>66</td><td></td><td></td><td>147</td><td></td><td></td><td>1,503</td><td></td></tr><tr><td>Deferred tax expense (benefit)</td><td>8,354</td><td></td><td></td><td>( 6,469 )</td><td></td><td></td><td>( 19,836 )</td><td></td></tr><tr><td>Impairment of royalty interests</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>4,287</td><td></td></tr><tr><td>Other</td><td>945</td><td></td><td></td><td>779</td><td></td><td></td><td>979</td><td></td></tr><tr><td>Changes in assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Royalty receivables</td><td>( 14,577 )</td><td></td><td></td><td>521</td><td></td><td></td><td>4,683</td><td></td></tr><tr><td>Stream inventory</td><td>( 3,186 )</td><td></td><td></td><td>2,868</td><td></td><td></td><td>( 1,049 )</td><td></td></tr><tr><td>Income tax receivable</td><td>1,537</td><td></td><td></td><td>390</td><td></td><td></td><td>1,849</td><td></td></tr><tr><td>Prepaid expenses and other assets</td><td>11,168</td><td></td><td></td><td>( 4,369 )</td><td></td><td></td><td>( 3,908 )</td><td></td></tr><tr><td>Accounts payable</td><td>( 9,113 )</td><td></td><td></td><td>4,756</td><td></td><td></td><td>211</td><td></td></tr><tr><td>Income tax payable</td><td>7,620</td><td></td><td></td><td>( 508 )</td><td></td><td></td><td>( 3,005 )</td><td></td></tr><tr><td>Mount Milligan deferred liability</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other liabilities</td><td>12,892</td><td></td><td></td><td>2,912</td><td></td><td></td><td>4,343</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>$</td><td>529,503</td><td></td><td></td><td>$</td><td>415,792</td><td></td><td></td><td>$</td><td>417,345</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquisition of stream and royalty interests</td><td>( 102,564 )</td><td></td><td></td><td>( 2,678 )</td><td></td><td></td><td>( 922,155 )</td><td></td></tr><tr><td>Proceeds from Khoemac a u debt facility Proceeds from Khoemac a u debt facility</td><td>25,000</td><td></td><td></td><td>—</td><td></td><td></td><td>—</td><td></td></tr><tr><td>Other</td><td>( 116 )</td><td></td><td></td><td>( 151 )</td><td></td><td></td><td>( 721 )</td><td></td></tr><tr><td>Net cash used in investing activities</td><td>$</td><td>( 77,680 )</td><td></td><td></td><td>$</td><td>( 2,829 )</td><td></td><td></td><td>$</td><td>( 922,876 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Repayment of debt</td><td>( 250,000 )</td><td></td><td></td><td>( 325,000 )</td><td></td><td></td><td>( 125,000 )</td><td></td></tr><tr><td>Borrowings from revolving credit facility</td><td>—</td><td></td><td></td><td>—</td><td></td><td></td><td>700,000</td><td></td></tr><tr><td>Net payments from issuance of common stock</td><td>( 4,620 )</td><td></td><td></td><td>( 1,383 )</td><td></td><td></td><td>( 1,447 )</td><td></td></tr><tr><td>Common stock dividends</td><td>( 105,237 )</td><td></td><td></td><td>( 98,567 )</td><td></td><td></td><td>( 91,925 )</td><td></td></tr><tr><td>Other</td><td>( 635 )</td><td></td><td></td><td>( 2,432 )</td><td></td><td></td><td>( 1,062 )</td><td></td></tr><tr><td>Net cash (used in) provided by financing activities</td><td>$</td><td>( 360,492 )</td><td></td><td></td><td>$</td><td>( 427,382 )</td><td></td><td></td><td>$</td><td>480,566</td><td></td></tr><tr><td>Net increase (decrease) in cash and equivalents</td><td>91,331</td><td></td><td></td><td>( 14,419 )</td><td></td><td></td><td>( 24,965 )</td><td></td></tr><tr><td>Cash and equivalents at beginning of period</td><td>104,167</td><td></td><td></td><td>118,586</td><td></td><td></td><td>143,551</td><td></td></tr><tr><td>Cash and equivalents at end of period</td><td>$</td><td>195,498</td><td></td><td></td><td>$</td><td>104,167</td><td></td><td></td><td>$</td><td>118,586</td><td></td></tr></table>
table
7620
monetaryItemType
table: <entity> 7620 </entity> <entity type> monetaryItemType </entity type> <context> Income tax payable | 7,620 | ( 508 ) | ( 3,005 ) </context>
us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable