v3.26.1
Pay vs Performance Disclosure
 6 Months Ended 12 Months Ended
Dec. 31, 2021
USD ($)
Jun. 30, 2021
USD ($)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Pay vs Performance Disclosure            
Pay vs Performance Disclosure, Table    
Fiscal Year(1)
Summary
Compensation
Table Total
for PEO
($)
Compensation
Actually Paid
to PEO
($)(2)
Average
Summary
Compensation
Table Total for
Non-PEO NEOs
($)
Average
Compensation
Actually Paid to
Non-PEO NEOs
($)(2)
Value of Initial
Fixed $100
Investment Based
on:
Net Income
($ in
thousands)
Gross GEO
Production
(# of
ounces)(4)
TSR
($)(3)
Peer
Group
TSR
($)(3)
2025
$5,230,084
$3,945,175
$2,273,253
$1,880,997
$190.8
$290.2
$471,576
303,900
2024
4,184,508
1,554,758
1,714,725
1,053,369
111.9
114.8
332,480
305,896
2023
4,282,057
4,422,977
1,690,815
1,705,218
101.4
103.6
239,440
315,714
2022
3,060,540
3,540,577
1,340,295
1,519,307
93.3
97.7
238,982
340,559
2021 Stub
3,148,212
2,698,385
1,253,741
1,098,874
86.0
104.9
138,339
189,905
2021
3,042,284
2,498,478
1,403,420
1,160,025
92.7
110.7
302,532
316,272
      
Company Selected Measure Name     Gross GEO Production      
Named Executive Officers, Footnote     Mr. Heissenbuttel served as principal executive officer (“PEO”) in each year listed. The individuals comprising the Non-PEO NEOs for each year
presented are listed below.
Fiscal Years
Non-PEO NEOs
2024-2025
Daniel Breeze, Paul Libner, Martin Raffield, and Randy Shefman
2023
Daniel Breeze, Mark Isto, Paul Libner, Martin Raffield, and Randy Shefman
2021-2022
Daniel Breeze, Mark Isto, Paul Libner, and Randy Shefman
      
Peer Group Issuers, Footnote     The amounts represent the value at the end of each period of an initial fixed investment of  $100 made on June 30, 2020. The peer group consists of the
PHLX Gold and Silver Index.
      
PEO Total Compensation Amount $ 3,148,212 $ 3,042,284 $ 5,230,084 $ 4,184,508 $ 4,282,057 $ 3,060,540
PEO Actually Paid Compensation Amount 2,698,385 2,498,478 $ 3,945,175 1,554,758 4,422,977 3,540,577
Adjustment To PEO Compensation, Footnote     The following table sets forth adjustments to the total compensation reported in the Summary Compensation Table (“SCT”) to arrive at compensation
actually paid pursuant to SEC rules (“SEC CAP”) for 2025. Amounts do not reflect actual compensation earned by or paid to our NEOs during 2025.
Adjustments
PEO
Non-PEO NEO
Average
SCT Total
$5,230,084
$2,273,253
Minus: Grant date fair value of equity awards granted during 2025 that remained outstanding at 12/31/2025
(2,759,437)
(1,052,955)
Plus: Fair value at 12/31/2025 of equity awards granted during 2025 that remained outstanding at 12/31/2025
3,336,685
1,273,141
Minus: Change in fair value measured from 12/31/2024 to 12/31/2025 for awards granted before 2025 and that
remained outstanding at 12/31/2025
(1,539,398)
(512,465)
Minus: Change in fair value at vesting date versus 12/31/2024 for awards granted before 2025 that vested
during 2025
(322,759)
(99,977)
SEC CAP
3,945,175
1,880,997
      
Non-PEO NEO Average Total Compensation Amount 1,253,741 1,403,420 $ 2,273,253 1,714,725 1,690,815 1,340,295
Non-PEO NEO Average Compensation Actually Paid Amount 1,098,874 1,160,025 $ 1,880,997 1,053,369 1,705,218 1,519,307
Adjustment to Non-PEO NEO Compensation Footnote     The following table sets forth adjustments to the total compensation reported in the Summary Compensation Table (“SCT”) to arrive at compensation
actually paid pursuant to SEC rules (“SEC CAP”) for 2025. Amounts do not reflect actual compensation earned by or paid to our NEOs during 2025.
Adjustments
PEO
Non-PEO NEO
Average
SCT Total
$5,230,084
$2,273,253
Minus: Grant date fair value of equity awards granted during 2025 that remained outstanding at 12/31/2025
(2,759,437)
(1,052,955)
Plus: Fair value at 12/31/2025 of equity awards granted during 2025 that remained outstanding at 12/31/2025
3,336,685
1,273,141
Minus: Change in fair value measured from 12/31/2024 to 12/31/2025 for awards granted before 2025 and that
remained outstanding at 12/31/2025
(1,539,398)
(512,465)
Minus: Change in fair value at vesting date versus 12/31/2024 for awards granted before 2025 that vested
during 2025
(322,759)
(99,977)
SEC CAP
3,945,175
1,880,997
      
Compensation Actually Paid vs. Total Shareholder Return     The following charts illustrate the relationship from 2021 through 2025 of SEC CAP to our PEO and average SEC CAP to our other NEOs
to (i) our cumulative TSR and the cumulative TSR of the constituent companies in the PHLX Gold and Silver Index, based on an initial
fixed investment of  $100 made on July 1, 2020, (ii) our GAAP net income, and (iii) our Gross GEO Production.
SEC CAP vs. Cumulative TSR
2963
¢
PEO CAP ($M) - William Heissenbuttel
02 PRO013410_icon_legend_line_50%.jpg
RGLD TSR
¢
Average NEO CAP ($M)
02 PRO013410_icon_legend_line_75%.jpg
PHLX Gold and Silver Index TSR
      
Compensation Actually Paid vs. Net Income     SEC CAP vs. Net Income
2990
¢
PEO CAP ($M) - William Heissenbuttel
¢
Average NEO CAP ($M)
02 PRO013410_icon_legend_line_50%.jpg
Net Income ($M)
      
Compensation Actually Paid vs. Company Selected Measure     SEC CAP vs. Gross GEO Production
3026
¢
PEO CAP ($M) - William Heissenbuttel
¢
Average NEO CAP ($M)
02 PRO013410_icon_legend_line_50%.jpg
Gross GEO Production
      
Total Shareholder Return Vs Peer Group     The following charts illustrate the relationship from 2021 through 2025 of SEC CAP to our PEO and average SEC CAP to our other NEOs
to (i) our cumulative TSR and the cumulative TSR of the constituent companies in the PHLX Gold and Silver Index, based on an initial
fixed investment of  $100 made on July 1, 2020, (ii) our GAAP net income, and (iii) our Gross GEO Production.
SEC CAP vs. Cumulative TSR
2963
¢
PEO CAP ($M) - William Heissenbuttel
02 PRO013410_icon_legend_line_50%.jpg
RGLD TSR
¢
Average NEO CAP ($M)
02 PRO013410_icon_legend_line_75%.jpg
PHLX Gold and Silver Index TSR
      
Tabular List, Table    
Most Important Financial Performance Measures for 2025
Adjusted Cash G&A Expense
Gross GEO Production
Relative TSR
      
Total Shareholder Return Amount 86.0 92.7 $ 190.8 111.9 101.4 93.3
Peer Group Total Shareholder Return Amount 104.9 110.7 290.2 114.8 103.6 97.7
Net Income (Loss) $ 138,339 $ 302,532 $ 471,576 $ 332,480 $ 239,440 $ 238,982
Company Selected Measure Amount 189,905 316,272 303,900 305,896 315,714 340,559
PEO Name     (1)Mr. Heissenbuttel      
Measure:: 1            
Pay vs Performance Disclosure            
Name     Adjusted Cash G&A Expense      
Non-GAAP Measure Description     Gross GEO Production, which is a non-GAAP financial measure, is gross gold equivalent ounces of production or “GEOs” calculated for 2025 by
dividing our revenues for each metal (with metals other than silver and copper included with gold revenues) by the budgeted metal prices of $2,550 for
gold and metals other than silver and copper, $30 for silver, and $4 for copper, and converting silver and copper amounts to gold equivalent amounts
using conversion factors based on the budgeted prices. Gross GEO Production differs from the GEO Production that we report in our earnings releases
because the GEO Production reported in our earnings releases uses the average LBMA metal prices instead of budgeted metal prices.
      
Measure:: 2            
Pay vs Performance Disclosure            
Name     Gross GEO Production      
Measure:: 3            
Pay vs Performance Disclosure            
Name     Relative TS      
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     $ (2,759,437)      
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     3,336,685      
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     (1,539,398)      
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     (322,759)      
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     (1,052,955)      
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     1,273,141      
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     (512,465)      
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     $ (99,977)