AngloGold Ashanti (AU) vs Royal Gold (RGLD)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
AngloGold Ashanti (AU) has outperformed Royal Gold (RGLD) over the past year, gaining 17.2% versus a gain of 12.6%. Over five years, AU leads with a +383.1% price change compared with +133.6% for RGLD. AngloGold Ashanti is the larger company by market cap ($45.91 billion vs $19.59 billion), about 2.3 times the size.
On valuation, AngloGold Ashanti trades at a lower forward P/E (9.1x vs 18.0x for Royal Gold). AngloGold Ashanti offers the higher dividend yield (4.98% vs 0.41%). Royal Gold converts more of its revenue into profit, with a net margin of 45.2% versus 32.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AU | RGLD |
|---|---|---|
| Share price | $90.78 | $231.18 |
| Market cap | $45.91B | $19.59B |
| 1-day change | +0.81% | +1.44% |
| YTD return | +6.45% | +4.00% |
| 1-year return | +17.15% | +12.64% |
| 5-year return | +383.13% | +133.61% |
| P/E ratio (TTM) | 12.17 | 25.60 |
| Forward P/E | 9.12 | 17.98 |
| EPS (TTM) | $7.46 | $9.03 |
| Dividend yield | 4.98% | 0.41% |
| Annual dividend | $4.52 | $0.95 |
| Revenue (latest FY) | $9.89B | $1.03B |
| Revenue growth (YoY) | +70.78% | +43.24% |
| Net income (latest FY) | $3.17B | $466.28M |
| Gross margin | 49.24% | 69.32% |
| Operating margin | — | 61.93% |
| Net margin | 32.08% | 45.25% |
| 52-week high | $129.14 | $306.25 |
| 52-week low | $62.55 | $168.88 |
| Distance from 52-week high | -29.70% | -24.51% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +29.43% | +34.02% |
| Average volume | 2.59M | 685.49K |
| Shares outstanding | 505.77M | 84.73M |
| Employees | 38,000 | 39 |
| Sector | Basic Materials | Industrials |
| Industry | Precious Metals | Precious Metals |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- AngloGold Ashanti is about 2.3 times larger than Royal Gold by market value ($45.91B vs $19.59B).
- Royal Gold trades at a higher earnings multiple (25.6x vs 12.2x trailing P/E).
- AngloGold Ashanti offers a meaningfully higher dividend yield (4.98% vs 0.41%).
- Royal Gold is more profitable, keeping 45.2 cents of every revenue dollar as net income versus 32.1 cents for AngloGold Ashanti.
- AngloGold Ashanti grew revenue faster in its latest fiscal year (+70.78% vs +43.24%).
- The two companies sit in different sectors: AngloGold Ashanti in Basic Materials and Royal Gold in Industrials.
About AngloGold Ashanti
AU stock →AngloGold Ashanti plc operates as a gold mining company in Africa, Australia, and the Americas. It explores for gold, as well as by-products, including silver and sulphuric acid.
Basic Materials · Precious Metals · 38,000 employees
About Royal Gold
RGLD stock →Royal Gold, Inc., together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests in North America, South and Central America, Europe, the Middle East, Africa, and the Australia Pacific. It operates through Acquisition and Management of Stream Interests and Acquisition and Management of Royalty Interests segments.
Industrials · Precious Metals · 39 employees
AU vs RGLD FAQ
Which is bigger, AngloGold Ashanti or Royal Gold?
AngloGold Ashanti (AU) is larger, with a market capitalization of $45.91B compared with $19.59B for Royal Gold (RGLD).
Which stock has performed better over the past year, AU or RGLD?
AU returned +17.15% over the past 12 months, compared with +12.64% for RGLD (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AU or RGLD?
AU has the lower trailing P/E at 12.2, versus 25.6 for RGLD. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, AngloGold Ashanti or Royal Gold?
AngloGold Ashanti has the higher yield at 4.98%, compared with 0.41% for Royal Gold.
Are AngloGold Ashanti and Royal Gold in the same industry?
Yes. Both are classified in the Precious Metals industry within the Basic Materials sector.