SAND vs. RGLD

Last updated Apr 1, 2026

Compare and contrast key facts about Sandstorm Gold Ltd. (SAND) and Royal Gold, Inc. (RGLD).

Performance

SAND vs. RGLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sandstorm Gold Ltd. (SAND) and Royal Gold, Inc. (RGLD). The values are adjusted to include any dividend payments, if applicable.

SAND vs. RGLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SAND Sandstorm Gold Ltd.	0.00%	118.72%	12.15%	-3.32%	-14.29%	-13.53%	-3.76%	61.61%	-7.62%	27.95%
RGLD Royal Gold, Inc.	14.73%	70.43%	10.39%	8.70%	8.51%	0.04%	-12.13%	44.27%	5.53%	31.32%

Fundamentals

Market Cap SAND : $3.64B RGLD : $20.53B
EPS SAND : $0.11 RGLD : $8.08
PE Ratio SAND : 105.77 RGLD : 31.51
PEG Ratio SAND : 4.56 RGLD : 2.14
PS Ratio SAND : 18.81 RGLD : 17.51
PB Ratio SAND : 2.55 RGLD : 2.87
Total Revenue (TTM) SAND : $193.59M RGLD : $1.03B
Gross Profit (TTM) SAND : $114.43M RGLD : $504.63M
EBITDA (TTM) SAND : $144.88M RGLD : $742.55M

Returns By Period

SAND

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RGLD

• 1D: 6.59%
• 1M: -15.11%
• YTD: 14.73%
• 6M: 27.44%
• 1Y: 57.14%
• 3Y*: 26.67%
• 5Y*: 19.30%
• 10Y*: 18.65%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

SAND vs. RGLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RGLD

RGLD Risk / Return Rank: 80
RGLD Sharpe Ratio Rank: 84
RGLD Sortino Ratio Rank: 77
RGLD Omega Ratio Rank: 78
RGLD Calmar Ratio Rank: 78
RGLD Martin Ratio Rank: 82

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SAND vs. RGLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sandstorm Gold Ltd. (SAND) and Royal Gold, Inc. (RGLD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	SAND	RGLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.45	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.63	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.55	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.18	—

Correlation

The correlation between SAND and RGLD is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

SAND vs. RGLD - Dividend Comparison

SAND's dividend yield for the trailing twelve months is around 0.36%, less than RGLD's 0.72% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SAND Sandstorm Gold Ltd.	0.36%	0.47%	1.06%	1.19%	1.17%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RGLD Royal Gold, Inc.	0.72%	0.81%	1.21%	1.24%	1.24%	1.14%	1.05%	0.87%	1.17%	1.17%	1.45%	1.81%

Drawdowns

Drawdown Indicators

	SAND	RGLD	Difference
Max Drawdown Largest peak-to-trough decline	—	-98.29%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-29.27%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-40.73%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-49.55%	—
Current Drawdown Current decline from peak	—	-16.37%	—
Average Drawdown Average peak-to-trough decline	—	-29.87%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	9.10%	—

Volatility

Volatility by Period

	SAND	RGLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	16.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	32.30%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	39.50%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	31.04%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	33.83%	—

Financials

SAND vs. RGLD - Profitability Comparison

The chart below illustrates the profitability comparison between Sandstorm Gold Ltd. and Royal Gold, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

SAND - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Sandstorm Gold Ltd. reported a gross profit of 33.10M and revenue of 51.42M. Therefore, the gross margin over that period was 64.4%.

RGLD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Royal Gold, Inc. reported a gross profit of 0.00 and revenue of 375.32M. Therefore, the gross margin over that period was 0.0%.

SAND - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Sandstorm Gold Ltd. reported an operating income of 26.02M and revenue of 51.42M, resulting in an operating margin of 50.6%.

RGLD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Royal Gold, Inc. reported an operating income of 198.07M and revenue of 375.32M, resulting in an operating margin of 52.8%.

SAND - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Sandstorm Gold Ltd. reported a net income of 15.46M and revenue of 51.42M, resulting in a net margin of 30.1%.

RGLD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Royal Gold, Inc. reported a net income of 199.04M and revenue of 375.32M, resulting in a net margin of 53.0%.