Royalty Pharma share price today
Royalty Pharma plc · RPRX · Healthcare · Biotechnology · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists
Royalty Pharma share price: $67.53 at the close on 4 November 2026, +75.1% in a year.
Royalty Pharma plc's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.
The main question: the share price moved +75.1% in a year while yearly earnings per share moved −6.8%. The difference came from the market paying a higher multiple.
The price has been rising for 84 weeks. Over the last four quarters, results have been deteriorating, with profit −44.4% on a year earlier, and 298% of the last 3 years' profit came in as cash. What will decide it: whether earnings grow into a price that has already moved.
What is the Royalty Pharma share price today?
Royalty Pharma plc's share price was $67.53 at the close on 4 November 2026. It has been rising for 84 weeks. That is 25.9% above its average price over the last 200 trading days. In the last 52 weeks it traded between $38 and $68, and at that close it was at the high of that range.
A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Royalty Pharma plc is in stage 2. The phase helps read everything below.
Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 4 weeks in a row.
1Y
Nov 2026: $67.53, 25.9% above its 200-day average. The price has been rising for 84 weeks.
- Price $67.53
- 50-day avg $60.59
- 200-day avg $53.63
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 31 Oct 2025 | $37.54 | $36.20 | $34.32 |
| 7 Nov 2025 | $38.56 | $36.50 | $34.53 |
| 14 Nov 2025 | $39.16 | $36.78 | $34.72 |
| 21 Nov 2025 | $38.92 | $37.04 | $34.90 |
| 28 Nov 2025 | $40.02 | $37.39 | $35.06 |
| 5 Dec 2025 | $39.73 | $37.76 | $35.23 |
| 12 Dec 2025 | $38.39 | $38.04 | $35.35 |
| 19 Dec 2025 | $38.60 | $38.28 | $35.47 |
| 26 Dec 2025 | $39.22 | $38.54 | $35.60 |
| 2 Jan 2026 | $38.86 | $38.70 | $35.72 |
| 9 Jan 2026 | $40.17 | $39.05 | $35.89 |
| 16 Jan 2026 | $39.55 | $39.33 | $36.11 |
| 23 Jan 2026 | $40.40 | $39.35 | $36.28 |
| 30 Jan 2026 | $41.68 | $39.50 | $36.51 |
| 6 Feb 2026 | $44.65 | $39.95 | $36.79 |
| 13 Feb 2026 | $45.19 | $40.42 | $37.09 |
| 20 Feb 2026 | $45.12 | $40.90 | $37.34 |
| 27 Feb 2026 | $46.21 | $41.61 | $37.66 |
| 6 Mar 2026 | $45.41 | $42.43 | $37.99 |
| 13 Mar 2026 | $45.65 | $43.11 | $38.33 |
| 20 Mar 2026 | $45.36 | $43.70 | $38.65 |
| 27 Mar 2026 | $46.35 | $44.31 | $38.96 |
| 2 Apr 2026 | $48.57 | $44.98 | $39.23 |
| 10 Apr 2026 | $47.90 | $45.70 | $39.54 |
| 17 Apr 2026 | $50.00 | $46.36 | $39.87 |
| 24 Apr 2026 | $49.38 | $46.88 | $40.20 |
| 1 May 2026 | $49.47 | $47.33 | $40.54 |
| 8 May 2026 | $50.79 | $47.85 | $40.91 |
| 15 May 2026 | $52.85 | $48.42 | $41.30 |
| 22 May 2026 | $54.50 | $49.13 | $41.70 |
| 29 May 2026 | $55.76 | $49.82 | $42.05 |
| 5 Jun 2026 | $55.87 | $50.74 | $42.52 |
| 12 Jun 2026 | $54.87 | $51.52 | $42.99 |
| 18 Jun 2026 | $52.96 | $52.01 | $43.35 |
| 26 Jun 2026 | $56.23 | $52.65 | $43.81 |
| 2 Jul 2026 | $57.77 | $53.24 | $44.22 |
| 10 Jul 2026 | $56.43 | $54.03 | $44.76 |
| 17 Jul 2026 | $58.18 | $54.74 | $45.30 |
| 24 Jul 2026 | $58.83 | $55.49 | $45.86 |
| 31 Jul 2026 | $58.43 | $56.11 | $46.44 |
| 7 Aug 2026 | $56.77 | $56.46 | $46.96 |
| 14 Aug 2026 | $58.60 | $56.82 | $47.49 |
| 21 Aug 2026 | $61.31 | $57.35 | $48.08 |
| 28 Aug 2026 | $60.85 | $58.07 | $48.64 |
| 4 Sep 2026 | $63.96 | $58.94 | $49.23 |
| 11 Sep 2026 | $58.61 | $59.21 | $49.65 |
| 18 Sep 2026 | $58.41 | $59.30 | $50.12 |
| 25 Sep 2026 | $58.21 | $59.46 | $50.59 |
| 2 Oct 2026 | $57.16 | $59.42 | $51.08 |
| 9 Oct 2026 | $56.93 | $59.16 | $51.53 |
| 16 Oct 2026 | $60.96 | $59.28 | $52.02 |
| 23 Oct 2026 | $63.86 | $59.72 | $52.59 |
| 30 Oct 2026 | $67.18 | $60.28 | $53.22 |
| 4 Nov 2026 | $67.53 | $60.59 | $53.63 |
3Y
Nov 2026: $67.53, 25.9% above its 200-day average. The price has been rising for 84 weeks.
- Price $67.53
- 50-day avg $60.59
- 200-day avg $53.63
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 3 Nov 2023 | $27.95 | $27.86 | $32.42 |
| 10 Nov 2023 | $27.22 | $27.58 | $32.15 |
| 17 Nov 2023 | $26.60 | $27.34 | $31.85 |
| 24 Nov 2023 | $27.06 | $27.19 | $31.62 |
| 1 Dec 2023 | $27.35 | $27.16 | $31.35 |
| 8 Dec 2023 | $28.57 | $27.35 | $31.13 |
| 15 Dec 2023 | $27.37 | $27.52 | $30.95 |
| 22 Dec 2023 | $27.55 | $27.56 | $30.77 |
| 29 Dec 2023 | $28.09 | $27.55 | $30.65 |
| 5 Jan 2024 | $27.46 | $27.56 | $30.51 |
| 12 Jan 2024 | $28.38 | $27.72 | $30.32 |
| 19 Jan 2024 | $29.07 | $27.78 | $30.17 |
| 26 Jan 2024 | $29.11 | $27.96 | $29.99 |
| 2 Feb 2024 | $28.10 | $28.13 | $29.80 |
| 9 Feb 2024 | $29.26 | $28.32 | $29.63 |
| 16 Feb 2024 | $29.92 | $28.52 | $29.48 |
| 23 Feb 2024 | $31.03 | $28.69 | $29.40 |
| 1 Mar 2024 | $29.93 | $28.94 | $29.31 |
| 8 Mar 2024 | $30.37 | $29.19 | $29.22 |
| 15 Mar 2024 | $30.09 | $29.39 | $29.16 |
| 22 Mar 2024 | $30.27 | $29.61 | $29.09 |
| 28 Mar 2024 | $30.37 | $29.76 | $29.02 |
| 5 Apr 2024 | $29.19 | $29.79 | $28.95 |
| 12 Apr 2024 | $28.22 | $29.82 | $28.92 |
| 19 Apr 2024 | $28.16 | $29.72 | $28.85 |
| 26 Apr 2024 | $28.00 | $29.61 | $28.79 |
| 3 May 2024 | $28.41 | $29.38 | $28.72 |
| 10 May 2024 | $28.09 | $29.10 | $28.65 |
| 17 May 2024 | $27.27 | $28.92 | $28.57 |
| 24 May 2024 | $26.62 | $28.61 | $28.48 |
| 31 May 2024 | $27.41 | $28.34 | $28.41 |
| 7 Jun 2024 | $27.46 | $28.01 | $28.35 |
| 14 Jun 2024 | $26.92 | $27.79 | $28.28 |
| 21 Jun 2024 | $26.91 | $27.57 | $28.21 |
| 28 Jun 2024 | $26.37 | $27.43 | $28.16 |
| 5 Jul 2024 | $25.67 | $27.27 | $28.11 |
| 12 Jul 2024 | $26.77 | $27.08 | $28.09 |
| 19 Jul 2024 | $28.14 | $27.02 | $28.11 |
| 26 Jul 2024 | $28.79 | $27.07 | $28.16 |
| 2 Aug 2024 | $28.53 | $27.16 | $28.18 |
| 9 Aug 2024 | $26.26 | $27.17 | $28.16 |
| 16 Aug 2024 | $27.17 | $27.16 | $28.16 |
| 23 Aug 2024 | $28.19 | $27.20 | $28.16 |
| 30 Aug 2024 | $29.03 | $27.40 | $28.20 |
| 6 Sep 2024 | $28.70 | $27.57 | $28.24 |
| 13 Sep 2024 | $27.72 | $27.73 | $28.26 |
| 20 Sep 2024 | $27.54 | $27.95 | $28.28 |
| 27 Sep 2024 | $28.21 | $27.99 | $28.26 |
| 4 Oct 2024 | $27.75 | $27.95 | $28.25 |
| 11 Oct 2024 | $28.02 | $27.85 | $28.26 |
| 18 Oct 2024 | $27.98 | $27.92 | $28.26 |
| 25 Oct 2024 | $26.95 | $27.99 | $28.24 |
| 1 Nov 2024 | $27.10 | $27.95 | $28.21 |
| 8 Nov 2024 | $26.21 | $27.78 | $28.15 |
| 15 Nov 2024 | $25.70 | $27.47 | $28.08 |
| 22 Nov 2024 | $26.43 | $27.30 | $28.01 |
| 29 Nov 2024 | $26.66 | $27.17 | $27.96 |
| 6 Dec 2024 | $25.91 | $27.01 | $27.85 |
| 13 Dec 2024 | $24.84 | $26.73 | $27.71 |
| 20 Dec 2024 | $24.92 | $26.45 | $27.59 |
| 27 Dec 2024 | $25.54 | $26.24 | $27.49 |
| 3 Jan 2025 | $25.84 | $26.07 | $27.40 |
| 10 Jan 2025 | $29.49 | $26.04 | $27.33 |
| 17 Jan 2025 | $30.75 | $26.38 | $27.34 |
| 24 Jan 2025 | $31.06 | $26.68 | $27.37 |
| 31 Jan 2025 | $31.58 | $27.27 | $27.44 |
| 7 Feb 2025 | $31.73 | $27.79 | $27.53 |
| 14 Feb 2025 | $32.36 | $28.37 | $27.64 |
| 21 Feb 2025 | $33.42 | $28.92 | $27.74 |
| 28 Feb 2025 | $33.64 | $29.74 | $27.87 |
| 7 Mar 2025 | $33.01 | $30.61 | $28.01 |
| 14 Mar 2025 | $32.77 | $31.34 | $28.15 |
| 21 Mar 2025 | $33.70 | $32.10 | $28.32 |
| 28 Mar 2025 | $31.37 | $32.42 | $28.45 |
| 4 Apr 2025 | $31.11 | $32.49 | $28.55 |
| 11 Apr 2025 | $31.95 | $32.47 | $28.67 |
| 17 Apr 2025 | $32.60 | $32.55 | $28.79 |
| 25 Apr 2025 | $32.20 | $32.57 | $28.95 |
| 2 May 2025 | $32.89 | $32.56 | $29.09 |
| 9 May 2025 | $33.15 | $32.49 | $29.21 |
| 16 May 2025 | $34.02 | $32.45 | $29.32 |
| 23 May 2025 | $32.45 | $32.47 | $29.44 |
| 30 May 2025 | $32.88 | $32.44 | $29.57 |
| 6 Jun 2025 | $33.78 | $32.46 | $29.73 |
| 13 Jun 2025 | $34.84 | $32.75 | $29.89 |
| 20 Jun 2025 | $34.86 | $33.05 | $30.01 |
| 27 Jun 2025 | $35.87 | $33.41 | $30.18 |
| 3 Jul 2025 | $36.37 | $33.72 | $30.35 |
| 11 Jul 2025 | $35.84 | $34.07 | $30.54 |
| 18 Jul 2025 | $35.59 | $34.40 | $30.74 |
| 25 Jul 2025 | $36.67 | $34.71 | $30.94 |
| 1 Aug 2025 | $37.11 | $35.09 | $31.18 |
| 8 Aug 2025 | $37.58 | $35.58 | $31.42 |
| 15 Aug 2025 | $36.35 | $35.89 | $31.64 |
| 22 Aug 2025 | $36.32 | $36.15 | $31.87 |
| 29 Aug 2025 | $35.98 | $36.25 | $32.10 |
| 5 Sep 2025 | $36.07 | $36.32 | $32.31 |
| 12 Sep 2025 | $36.36 | $36.37 | $32.56 |
| 19 Sep 2025 | $36.24 | $36.34 | $32.79 |
| 26 Sep 2025 | $35.04 | $36.30 | $33.03 |
| 3 Oct 2025 | $36.07 | $36.29 | $33.29 |
| 10 Oct 2025 | $36.01 | $36.20 | $33.57 |
| 17 Oct 2025 | $37.01 | $36.08 | $33.84 |
| 24 Oct 2025 | $37.26 | $36.13 | $34.12 |
| 31 Oct 2025 | $37.54 | $36.20 | $34.32 |
| 7 Nov 2025 | $38.56 | $36.50 | $34.53 |
| 14 Nov 2025 | $39.16 | $36.78 | $34.72 |
| 21 Nov 2025 | $38.92 | $37.04 | $34.90 |
| 28 Nov 2025 | $40.02 | $37.39 | $35.06 |
| 5 Dec 2025 | $39.73 | $37.76 | $35.23 |
| 12 Dec 2025 | $38.39 | $38.04 | $35.35 |
| 19 Dec 2025 | $38.60 | $38.28 | $35.47 |
| 26 Dec 2025 | $39.22 | $38.54 | $35.60 |
| 2 Jan 2026 | $38.86 | $38.70 | $35.72 |
| 9 Jan 2026 | $40.17 | $39.05 | $35.89 |
| 16 Jan 2026 | $39.55 | $39.33 | $36.11 |
| 23 Jan 2026 | $40.40 | $39.35 | $36.28 |
| 30 Jan 2026 | $41.68 | $39.50 | $36.51 |
| 6 Feb 2026 | $44.65 | $39.95 | $36.79 |
| 13 Feb 2026 | $45.19 | $40.42 | $37.09 |
| 20 Feb 2026 | $45.12 | $40.90 | $37.34 |
| 27 Feb 2026 | $46.21 | $41.61 | $37.66 |
| 6 Mar 2026 | $45.41 | $42.43 | $37.99 |
| 13 Mar 2026 | $45.65 | $43.11 | $38.33 |
| 20 Mar 2026 | $45.36 | $43.70 | $38.65 |
| 27 Mar 2026 | $46.35 | $44.31 | $38.96 |
| 2 Apr 2026 | $48.57 | $44.98 | $39.23 |
| 10 Apr 2026 | $47.90 | $45.70 | $39.54 |
| 17 Apr 2026 | $50.00 | $46.36 | $39.87 |
| 24 Apr 2026 | $49.38 | $46.88 | $40.20 |
| 1 May 2026 | $49.47 | $47.33 | $40.54 |
| 8 May 2026 | $50.79 | $47.85 | $40.91 |
| 15 May 2026 | $52.85 | $48.42 | $41.30 |
| 22 May 2026 | $54.50 | $49.13 | $41.70 |
| 29 May 2026 | $55.76 | $49.82 | $42.05 |
| 5 Jun 2026 | $55.87 | $50.74 | $42.52 |
| 12 Jun 2026 | $54.87 | $51.52 | $42.99 |
| 18 Jun 2026 | $52.96 | $52.01 | $43.35 |
| 26 Jun 2026 | $56.23 | $52.65 | $43.81 |
| 2 Jul 2026 | $57.77 | $53.24 | $44.22 |
| 10 Jul 2026 | $56.43 | $54.03 | $44.76 |
| 17 Jul 2026 | $58.18 | $54.74 | $45.30 |
| 24 Jul 2026 | $58.83 | $55.49 | $45.86 |
| 31 Jul 2026 | $58.43 | $56.11 | $46.44 |
| 7 Aug 2026 | $56.77 | $56.46 | $46.96 |
| 14 Aug 2026 | $58.60 | $56.82 | $47.49 |
| 21 Aug 2026 | $61.31 | $57.35 | $48.08 |
| 28 Aug 2026 | $60.85 | $58.07 | $48.64 |
| 4 Sep 2026 | $63.96 | $58.94 | $49.23 |
| 11 Sep 2026 | $58.61 | $59.21 | $49.65 |
| 18 Sep 2026 | $58.41 | $59.30 | $50.12 |
| 25 Sep 2026 | $58.21 | $59.46 | $50.59 |
| 2 Oct 2026 | $57.16 | $59.42 | $51.08 |
| 9 Oct 2026 | $56.93 | $59.16 | $51.53 |
| 16 Oct 2026 | $60.96 | $59.28 | $52.02 |
| 23 Oct 2026 | $63.86 | $59.72 | $52.59 |
| 30 Oct 2026 | $67.18 | $60.28 | $53.22 |
| 4 Nov 2026 | $67.53 | $60.59 | $53.63 |
5Y
Nov 2026: $67.53, 25.9% above its 200-day average. The price has been rising for 84 weeks.
- Price $67.53
- 50-day avg $60.59
- 200-day avg $53.63
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 29 Oct 2021 | $39.53 | $37.62 | $41.93 |
| 12 Nov 2021 | $41.92 | $37.82 | $41.40 |
| 26 Nov 2021 | $41.89 | $38.40 | $41.15 |
| 10 Dec 2021 | $37.77 | $38.78 | $40.73 |
| 23 Dec 2021 | $40.25 | $39.29 | $40.42 |
| 7 Jan 2022 | $40.26 | $39.72 | $40.11 |
| 21 Jan 2022 | $39.14 | $39.91 | $40.00 |
| 4 Feb 2022 | $39.97 | $39.51 | $39.89 |
| 18 Feb 2022 | $39.41 | $39.57 | $39.70 |
| 4 Mar 2022 | $38.42 | $39.63 | $39.59 |
| 18 Mar 2022 | $39.32 | $39.40 | $39.47 |
| 1 Apr 2022 | $39.36 | $39.08 | $39.15 |
| 14 Apr 2022 | $44.10 | $39.39 | $39.10 |
| 29 Apr 2022 | $42.58 | $40.04 | $39.18 |
| 13 May 2022 | $39.94 | $40.32 | $39.19 |
| 27 May 2022 | $41.27 | $40.69 | $39.35 |
| 10 Jun 2022 | $40.48 | $41.08 | $39.44 |
| 24 Jun 2022 | $43.20 | $40.94 | $39.47 |
| 8 Jul 2022 | $42.96 | $40.85 | $39.67 |
| 22 Jul 2022 | $43.23 | $41.21 | $40.01 |
| 5 Aug 2022 | $42.45 | $41.83 | $40.33 |
| 19 Aug 2022 | $44.10 | $42.48 | $40.63 |
| 2 Sep 2022 | $42.07 | $43.11 | $40.74 |
| 16 Sep 2022 | $41.95 | $43.10 | $40.79 |
| 30 Sep 2022 | $40.18 | $42.61 | $40.91 |
| 14 Oct 2022 | $41.41 | $42.23 | $41.01 |
| 28 Oct 2022 | $42.76 | $41.79 | $41.08 |
| 11 Nov 2022 | $43.92 | $41.75 | $41.25 |
| 25 Nov 2022 | $42.98 | $41.75 | $41.36 |
| 9 Dec 2022 | $41.75 | $42.17 | $41.55 |
| 23 Dec 2022 | $39.44 | $42.04 | $41.64 |
| 6 Jan 2023 | $38.09 | $41.68 | $41.65 |
| 20 Jan 2023 | $38.33 | $41.08 | $41.66 |
| 3 Feb 2023 | $38.96 | $40.25 | $41.49 |
| 17 Feb 2023 | $37.84 | $39.21 | $41.25 |
| 3 Mar 2023 | $35.64 | $38.30 | $41.10 |
| 17 Mar 2023 | $34.64 | $37.23 | $40.78 |
| 31 Mar 2023 | $36.03 | $36.63 | $40.56 |
| 14 Apr 2023 | $36.26 | $36.19 | $40.36 |
| 28 Apr 2023 | $35.15 | $35.70 | $40.02 |
| 12 May 2023 | $34.55 | $35.34 | $39.59 |
| 26 May 2023 | $32.38 | $35.13 | $39.09 |
| 9 Jun 2023 | $32.91 | $34.71 | $38.61 |
| 23 Jun 2023 | $30.95 | $33.92 | $38.13 |
| 7 Jul 2023 | $30.01 | $32.87 | $37.57 |
| 21 Jul 2023 | $31.19 | $32.02 | $37.09 |
| 4 Aug 2023 | $30.60 | $31.47 | $36.57 |
| 18 Aug 2023 | $29.34 | $30.90 | $36.00 |
| 1 Sep 2023 | $30.27 | $30.46 | $35.36 |
| 15 Sep 2023 | $28.13 | $30.20 | $34.74 |
| 29 Sep 2023 | $27.14 | $29.45 | $33.95 |
| 13 Oct 2023 | $27.84 | $28.63 | $33.29 |
| 27 Oct 2023 | $26.21 | $28.09 | $32.71 |
| 10 Nov 2023 | $27.22 | $27.58 | $32.15 |
| 24 Nov 2023 | $27.06 | $27.19 | $31.62 |
| 8 Dec 2023 | $28.57 | $27.35 | $31.13 |
| 22 Dec 2023 | $27.55 | $27.56 | $30.77 |
| 5 Jan 2024 | $27.46 | $27.56 | $30.51 |
| 19 Jan 2024 | $29.07 | $27.78 | $30.17 |
| 2 Feb 2024 | $28.10 | $28.13 | $29.80 |
| 16 Feb 2024 | $29.92 | $28.52 | $29.48 |
| 1 Mar 2024 | $29.93 | $28.94 | $29.31 |
| 15 Mar 2024 | $30.09 | $29.39 | $29.16 |
| 28 Mar 2024 | $30.37 | $29.76 | $29.02 |
| 12 Apr 2024 | $28.22 | $29.82 | $28.92 |
| 26 Apr 2024 | $28.00 | $29.61 | $28.79 |
| 10 May 2024 | $28.09 | $29.10 | $28.65 |
| 24 May 2024 | $26.62 | $28.61 | $28.48 |
| 7 Jun 2024 | $27.46 | $28.01 | $28.35 |
| 21 Jun 2024 | $26.91 | $27.57 | $28.21 |
| 5 Jul 2024 | $25.67 | $27.27 | $28.11 |
| 19 Jul 2024 | $28.14 | $27.02 | $28.11 |
| 2 Aug 2024 | $28.53 | $27.16 | $28.18 |
| 16 Aug 2024 | $27.17 | $27.16 | $28.16 |
| 30 Aug 2024 | $29.03 | $27.40 | $28.20 |
| 13 Sep 2024 | $27.72 | $27.73 | $28.26 |
| 27 Sep 2024 | $28.21 | $27.99 | $28.26 |
| 11 Oct 2024 | $28.02 | $27.85 | $28.26 |
| 25 Oct 2024 | $26.95 | $27.99 | $28.24 |
| 8 Nov 2024 | $26.21 | $27.78 | $28.15 |
| 22 Nov 2024 | $26.43 | $27.30 | $28.01 |
| 6 Dec 2024 | $25.91 | $27.01 | $27.85 |
| 20 Dec 2024 | $24.92 | $26.45 | $27.59 |
| 3 Jan 2025 | $25.84 | $26.07 | $27.40 |
| 17 Jan 2025 | $30.75 | $26.38 | $27.34 |
| 31 Jan 2025 | $31.58 | $27.27 | $27.44 |
| 14 Feb 2025 | $32.36 | $28.37 | $27.64 |
| 28 Feb 2025 | $33.64 | $29.74 | $27.87 |
| 14 Mar 2025 | $32.77 | $31.34 | $28.15 |
| 28 Mar 2025 | $31.37 | $32.42 | $28.45 |
| 11 Apr 2025 | $31.95 | $32.47 | $28.67 |
| 25 Apr 2025 | $32.20 | $32.57 | $28.95 |
| 9 May 2025 | $33.15 | $32.49 | $29.21 |
| 23 May 2025 | $32.45 | $32.47 | $29.44 |
| 6 Jun 2025 | $33.78 | $32.46 | $29.73 |
| 20 Jun 2025 | $34.86 | $33.05 | $30.01 |
| 3 Jul 2025 | $36.37 | $33.72 | $30.35 |
| 18 Jul 2025 | $35.59 | $34.40 | $30.74 |
| 1 Aug 2025 | $37.11 | $35.09 | $31.18 |
| 15 Aug 2025 | $36.35 | $35.89 | $31.64 |
| 29 Aug 2025 | $35.98 | $36.25 | $32.10 |
| 12 Sep 2025 | $36.36 | $36.37 | $32.56 |
| 26 Sep 2025 | $35.04 | $36.30 | $33.03 |
| 10 Oct 2025 | $36.01 | $36.20 | $33.57 |
| 24 Oct 2025 | $37.26 | $36.13 | $34.12 |
| 7 Nov 2025 | $38.56 | $36.50 | $34.53 |
| 21 Nov 2025 | $38.92 | $37.04 | $34.90 |
| 5 Dec 2025 | $39.73 | $37.76 | $35.23 |
| 19 Dec 2025 | $38.60 | $38.28 | $35.47 |
| 2 Jan 2026 | $38.86 | $38.70 | $35.72 |
| 16 Jan 2026 | $39.55 | $39.33 | $36.11 |
| 30 Jan 2026 | $41.68 | $39.50 | $36.51 |
| 13 Feb 2026 | $45.19 | $40.42 | $37.09 |
| 27 Feb 2026 | $46.21 | $41.61 | $37.66 |
| 13 Mar 2026 | $45.65 | $43.11 | $38.33 |
| 27 Mar 2026 | $46.35 | $44.31 | $38.96 |
| 10 Apr 2026 | $47.90 | $45.70 | $39.54 |
| 24 Apr 2026 | $49.38 | $46.88 | $40.20 |
| 8 May 2026 | $50.79 | $47.85 | $40.91 |
| 22 May 2026 | $54.50 | $49.13 | $41.70 |
| 5 Jun 2026 | $55.87 | $50.74 | $42.52 |
| 18 Jun 2026 | $52.96 | $52.01 | $43.35 |
| 2 Jul 2026 | $57.77 | $53.24 | $44.22 |
| 17 Jul 2026 | $58.18 | $54.74 | $45.30 |
| 31 Jul 2026 | $58.43 | $56.11 | $46.44 |
| 14 Aug 2026 | $58.60 | $56.82 | $47.49 |
| 28 Aug 2026 | $60.85 | $58.07 | $48.64 |
| 11 Sep 2026 | $58.61 | $59.21 | $49.65 |
| 25 Sep 2026 | $58.21 | $59.46 | $50.59 |
| 9 Oct 2026 | $56.93 | $59.16 | $51.53 |
| 23 Oct 2026 | $63.86 | $59.72 | $52.59 |
| 4 Nov 2026 | $67.53 | $60.59 | $53.63 |
Price stage: Rising from Oct 2025 to Nov 2026.
Price stage: Falling from Nov 2023 to Feb 2024; Sideways from Feb 2024 to Apr 2024; Falling from Apr 2024 to Jul 2024; Sideways from Jul 2024 to Sep 2024; Falling from Sep 2024 to Jan 2025; Sideways from Jan 2025 to Mar 2025; Rising from Apr 2025 to Nov 2026.
Price stage: Sideways from Oct 2021 to Feb 2022; Falling from Feb 2022 to Mar 2022; Sideways from Apr 2022 to Aug 2022; Rising from Aug 2022 to Dec 2022; Sideways from Dec 2022 to Mar 2023; Falling from Apr 2023 to Feb 2024; Sideways from Feb 2024 to Mar 2024; Falling from Apr 2024 to Jan 2025; Sideways from Jan 2025 to Mar 2025; Rising from Apr 2025 to Nov 2026.
Week by week since 2020: did it beat the S&P 500 over the past 13 weeks?
Ahead in 144 of 321 weeks
| Week | 13-week return vs S&P 500 |
|---|---|
| 19 Jun 2020 | no S&P 500 reading |
| 26 Jun 2020 | no S&P 500 reading |
| 2 Jul 2020 | no S&P 500 reading |
| 10 Jul 2020 | no S&P 500 reading |
| 17 Jul 2020 | no S&P 500 reading |
| 24 Jul 2020 | no S&P 500 reading |
| 31 Jul 2020 | no S&P 500 reading |
| 7 Aug 2020 | no S&P 500 reading |
| 14 Aug 2020 | no S&P 500 reading |
| 21 Aug 2020 | no S&P 500 reading |
| 28 Aug 2020 | no S&P 500 reading |
| 4 Sep 2020 | no S&P 500 reading |
| 11 Sep 2020 | no S&P 500 reading |
| 18 Sep 2020 | −21.5% |
| 25 Sep 2020 | −28.8% |
| 2 Oct 2020 | −14.0% |
| 9 Oct 2020 | −16.7% |
| 16 Oct 2020 | −13.3% |
| 23 Oct 2020 | −14.7% |
| 30 Oct 2020 | −14.8% |
| 6 Nov 2020 | −12.7% |
| 13 Nov 2020 | −13.6% |
| 20 Nov 2020 | −8.5% |
| 27 Nov 2020 | −4.9% |
| 4 Dec 2020 | +0.1% |
| 11 Dec 2020 | +0.3% |
| 18 Dec 2020 | −5.9% |
| 24 Dec 2020 | +9.8% |
| 31 Dec 2020 | +5.9% |
| 8 Jan 2021 | +6.4% |
| 15 Jan 2021 | +16.1% |
| 22 Jan 2021 | +20.4% |
| 29 Jan 2021 | +14.8% |
| 5 Feb 2021 | +6.2% |
| 12 Feb 2021 | +4.3% |
| 19 Feb 2021 | +7.9% |
| 26 Feb 2021 | +7.4% |
| 5 Mar 2021 | −4.7% |
| 12 Mar 2021 | +3.1% |
| 19 Mar 2021 | −0.1% |
| 26 Mar 2021 | −19.9% |
| 1 Apr 2021 | −21.2% |
| 9 Apr 2021 | −25.4% |
| 16 Apr 2021 | −30.5% |
| 23 Apr 2021 | −23.6% |
| 30 Apr 2021 | −19.2% |
| 7 May 2021 | −21.8% |
| 14 May 2021 | −21.2% |
| 21 May 2021 | −20.7% |
| 28 May 2021 | −24.3% |
| 4 Jun 2021 | −3.9% |
| 11 Jun 2021 | −12.0% |
| 18 Jun 2021 | −12.5% |
| 25 Jun 2021 | −8.2% |
| 2 Jul 2021 | −10.1% |
| 9 Jul 2021 | −7.1% |
| 16 Jul 2021 | −6.5% |
| 23 Jul 2021 | −13.1% |
| 30 Jul 2021 | −18.3% |
| 6 Aug 2021 | −14.5% |
| 13 Aug 2021 | −12.0% |
| 20 Aug 2021 | −11.0% |
| 27 Aug 2021 | −9.5% |
| 3 Sep 2021 | −20.3% |
| 10 Sep 2021 | −19.3% |
| 17 Sep 2021 | −18.9% |
| 24 Sep 2021 | −16.9% |
| 1 Oct 2021 | −14.3% |
| 8 Oct 2021 | −15.6% |
| 15 Oct 2021 | −8.7% |
| 22 Oct 2021 | −10.0% |
| 29 Oct 2021 | −1.2% |
| 5 Nov 2021 | +1.0% |
| 12 Nov 2021 | +3.4% |
| 19 Nov 2021 | +0.8% |
| 26 Nov 2021 | +5.0% |
| 3 Dec 2021 | −4.3% |
| 10 Dec 2021 | −7.5% |
| 17 Dec 2021 | −4.1% |
| 23 Dec 2021 | +2.5% |
| 31 Dec 2021 | +0.6% |
| 7 Jan 2022 | +7.0% |
| 14 Jan 2022 | −0.9% |
| 21 Jan 2022 | +7.7% |
| 28 Jan 2022 | +3.6% |
| 4 Feb 2022 | +5.4% |
| 11 Feb 2022 | +0.8% |
| 18 Feb 2022 | +2.2% |
| 25 Feb 2022 | −3.5% |
| 4 Mar 2022 | +6.7% |
| 11 Mar 2022 | +12.1% |
| 18 Mar 2022 | +5.4% |
| 25 Mar 2022 | −0.9% |
| 1 Apr 2022 | +3.4% |
| 8 Apr 2022 | +6.9% |
| 14 Apr 2022 | +17.0% |
| 22 Apr 2022 | +11.8% |
| 29 Apr 2022 | +14.7% |
| 6 May 2022 | +7.7% |
| 13 May 2022 | +9.0% |
| 20 May 2022 | +10.6% |
| 27 May 2022 | +12.4% |
| 3 Jun 2022 | +10.5% |
| 10 Jun 2022 | +13.0% |
| 17 Jun 2022 | +17.8% |
| 24 Jun 2022 | +26.4% |
| 1 Jul 2022 | +24.4% |
| 8 Jul 2022 | +16.9% |
| 15 Jul 2022 | +11.6% |
| 22 Jul 2022 | +8.6% |
| 29 Jul 2022 | +2.1% |
| 5 Aug 2022 | +6.4% |
| 12 Aug 2022 | +4.3% |
| 19 Aug 2022 | +3.2% |
| 26 Aug 2022 | +6.7% |
| 2 Sep 2022 | +8.3% |
| 9 Sep 2022 | +3.5% |
| 16 Sep 2022 | +1.2% |
| 23 Sep 2022 | −1.0% |
| 30 Sep 2022 | +0.3% |
| 7 Oct 2022 | +1.8% |
| 14 Oct 2022 | +1.4% |
| 21 Oct 2022 | +0.2% |
| 28 Oct 2022 | +3.9% |
| 4 Nov 2022 | +7.8% |
| 11 Nov 2022 | +6.1% |
| 18 Nov 2022 | +3.4% |
| 25 Nov 2022 | +0.6% |
| 2 Dec 2022 | +0.5% |
| 9 Dec 2022 | −1.0% |
| 16 Dec 2022 | −3.6% |
| 23 Dec 2022 | −6.3% |
| 30 Dec 2022 | −8.7% |
| 6 Jan 2023 | −13.8% |
| 13 Jan 2023 | −16.4% |
| 20 Jan 2023 | −12.3% |
| 27 Jan 2023 | −13.3% |
| 3 Feb 2023 | −16.7% |
| 10 Feb 2023 | −15.6% |
| 17 Feb 2023 | −14.6% |
| 24 Feb 2023 | −13.9% |
| 3 Mar 2023 | −18.1% |
| 10 Mar 2023 | −18.8% |
| 17 Mar 2023 | −15.6% |
| 24 Mar 2023 | −13.5% |
| 31 Mar 2023 | −15.9% |
| 6 Apr 2023 | −9.9% |
| 14 Apr 2023 | −11.4% |
| 21 Apr 2023 | −9.9% |
| 28 Apr 2023 | −12.2% |
| 5 May 2023 | −10.0% |
| 12 May 2023 | −10.2% |
| 19 May 2023 | −13.7% |
| 26 May 2023 | −17.0% |
| 2 Jun 2023 | −12.1% |
| 9 Jun 2023 | −12.0% |
| 16 Jun 2023 | −20.6% |
| 23 Jun 2023 | −22.1% |
| 30 Jun 2023 | −23.0% |
| 7 Jul 2023 | −24.7% |
| 14 Jul 2023 | −24.2% |
| 21 Jul 2023 | −23.3% |
| 28 Jul 2023 | −21.0% |
| 4 Aug 2023 | −21.1% |
| 11 Aug 2023 | −20.1% |
| 18 Aug 2023 | −17.2% |
| 25 Aug 2023 | −11.5% |
| 1 Sep 2023 | −14.9% |
| 8 Sep 2023 | −14.9% |
| 15 Sep 2023 | −12.7% |
| 22 Sep 2023 | −14.3% |
| 29 Sep 2023 | −8.1% |
| 6 Oct 2023 | −8.0% |
| 13 Oct 2023 | −5.4% |
| 20 Oct 2023 | −4.5% |
| 27 Oct 2023 | −6.0% |
| 3 Nov 2023 | −5.9% |
| 10 Nov 2023 | −9.5% |
| 17 Nov 2023 | −12.6% |
| 24 Nov 2023 | −13.9% |
| 1 Dec 2023 | −11.4% |
| 8 Dec 2023 | −5.4% |
| 15 Dec 2023 | −8.6% |
| 22 Dec 2023 | −5.4% |
| 29 Dec 2023 | −7.7% |
| 5 Jan 2024 | −7.2% |
| 12 Jan 2024 | −8.5% |
| 19 Jan 2024 | −9.4% |
| 26 Jan 2024 | −7.6% |
| 2 Feb 2024 | −13.2% |
| 9 Feb 2024 | −6.3% |
| 16 Feb 2024 | +1.7% |
| 23 Feb 2024 | +3.1% |
| 1 Mar 2024 | −2.3% |
| 8 Mar 2024 | −4.9% |
| 15 Mar 2024 | +1.3% |
| 22 Mar 2024 | −0.2% |
| 28 Mar 2024 | −1.9% |
| 5 Apr 2024 | −4.5% |
| 12 Apr 2024 | −7.7% |
| 19 Apr 2024 | −5.8% |
| 26 Apr 2024 | −8.1% |
| 3 May 2024 | −2.3% |
| 10 May 2024 | −7.9% |
| 17 May 2024 | −14.9% |
| 24 May 2024 | −18.5% |
| 31 May 2024 | −11.3% |
| 7 Jun 2024 | −13.9% |
| 14 Jun 2024 | −17.0% |
| 21 Jun 2024 | −15.6% |
| 28 Jun 2024 | −17.2% |
| 5 Jul 2024 | −19.0% |
| 12 Jul 2024 | −14.8% |
| 19 Jul 2024 | −10.9% |
| 26 Jul 2024 | −4.3% |
| 2 Aug 2024 | −3.8% |
| 9 Aug 2024 | −8.8% |
| 16 Aug 2024 | −5.1% |
| 23 Aug 2024 | −0.3% |
| 30 Aug 2024 | −1.0% |
| 6 Sep 2024 | +3.3% |
| 13 Sep 2024 | −0.6% |
| 20 Sep 2024 | −2.0% |
| 27 Sep 2024 | +2.0% |
| 4 Oct 2024 | +4.8% |
| 11 Oct 2024 | +1.2% |
| 18 Oct 2024 | −7.1% |
| 25 Oct 2024 | −12.7% |
| 1 Nov 2024 | −12.2% |
| 8 Nov 2024 | −12.4% |
| 15 Nov 2024 | −11.1% |
| 22 Nov 2024 | −12.2% |
| 29 Nov 2024 | −15.1% |
| 6 Dec 2024 | −22.2% |
| 13 Dec 2024 | −17.9% |
| 20 Dec 2024 | −13.5% |
| 27 Dec 2024 | −13.6% |
| 3 Jan 2025 | −10.2% |
| 10 Jan 2025 | +5.1% |
| 17 Jan 2025 | +7.7% |
| 24 Jan 2025 | +10.3% |
| 31 Jan 2025 | +11.1% |
| 7 Feb 2025 | +20.6% |
| 14 Feb 2025 | +21.8% |
| 21 Feb 2025 | +25.7% |
| 28 Feb 2025 | +27.6% |
| 7 Mar 2025 | +32.6% |
| 14 Mar 2025 | +38.8% |
| 21 Mar 2025 | +39.8% |
| 28 Mar 2025 | +29.4% |
| 4 Apr 2025 | +35.0% |
| 11 Apr 2025 | +16.4% |
| 17 Apr 2025 | +17.9% |
| 25 Apr 2025 | +13.1% |
| 2 May 2025 | +10.0% |
| 9 May 2025 | +10.5% |
| 16 May 2025 | +7.7% |
| 23 May 2025 | +0.6% |
| 30 May 2025 | −1.5% |
| 6 Jun 2025 | −1.7% |
| 13 Jun 2025 | +0.2% |
| 20 Jun 2025 | −1.9% |
| 27 Jun 2025 | +3.7% |
| 3 Jul 2025 | −6.9% |
| 11 Jul 2025 | −4.6% |
| 18 Jul 2025 | −10.0% |
| 25 Jul 2025 | −1.8% |
| 1 Aug 2025 | +3.1% |
| 8 Aug 2025 | +0.5% |
| 15 Aug 2025 | −1.4% |
| 22 Aug 2025 | +0.5% |
| 29 Aug 2025 | +0.0% |
| 5 Sep 2025 | −1.2% |
| 12 Sep 2025 | −5.8% |
| 19 Sep 2025 | −7.7% |
| 26 Sep 2025 | −9.9% |
| 3 Oct 2025 | −7.8% |
| 10 Oct 2025 | −4.2% |
| 17 Oct 2025 | −1.9% |
| 24 Oct 2025 | −4.7% |
| 31 Oct 2025 | −8.5% |
| 7 Nov 2025 | −2.7% |
| 14 Nov 2025 | +3.3% |
| 21 Nov 2025 | +5.0% |
| 28 Nov 2025 | +5.3% |
| 5 Dec 2025 | +4.2% |
| 12 Dec 2025 | +1.9% |
| 19 Dec 2025 | +4.0% |
| 26 Dec 2025 | +7.6% |
| 2 Jan 2026 | +5.6% |
| 9 Jan 2026 | +5.3% |
| 16 Jan 2026 | +2.8% |
| 23 Jan 2026 | +6.7% |
| 30 Jan 2026 | +9.6% |
| 6 Feb 2026 | +12.9% |
| 13 Feb 2026 | +13.9% |
| 20 Feb 2026 | +11.3% |
| 27 Feb 2026 | +15.1% |
| 6 Mar 2026 | +16.2% |
| 13 Mar 2026 | +21.8% |
| 20 Mar 2026 | +22.2% |
| 27 Mar 2026 | +26.3% |
| 2 Apr 2026 | +29.0% |
| 10 Apr 2026 | +21.3% |
| 17 Apr 2026 | +23.8% |
| 24 Apr 2026 | +18.6% |
| 1 May 2026 | +14.5% |
| 8 May 2026 | +6.9% |
| 15 May 2026 | +8.5% |
| 22 May 2026 | +12.6% |
| 29 May 2026 | +10.4% |
| 5 Jun 2026 | +13.3% |
| 12 Jun 2026 | +8.2% |
| 18 Jun 2026 | +1.6% |
| 26 Jun 2026 | +6.3% |
| 2 Jul 2026 | +5.4% |
| 10 Jul 2026 | +6.7% |
| 17 Jul 2026 | +11.7% |
| 24 Jul 2026 | +15.6% |
| 31 Jul 2026 | +14.5% |
| 7 Aug 2026 | +6.9% |
| 14 Aug 2026 | +5.9% |
| 21 Aug 2026 | +9.8% |
| 28 Aug 2026 | +7.4% |
| 4 Sep 2026 | +10.1% |
| 11 Sep 2026 | +3.8% |
| 18 Sep 2026 | +8.3% |
| 25 Sep 2026 | −2.3% |
| 2 Oct 2026 | −4.4% |
| 9 Oct 2026 | −2.2% |
| 16 Oct 2026 | +2.1% |
| 23 Oct 2026 | +5.7% |
| 30 Oct 2026 | +13.8% |
| 4 Nov 2026 | +19.8% |
Over the last 6.4 years the share price moved +38% while the S&P 500 moved +148%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.
This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.
What dividend does Royalty Pharma pay?
Royalty Pharma plc paid $0.91 per share over the last four reported quarters. The most recent declaration was $0.23 for Jun 2026. At today's price of $67.53 that is a yield of 1.35%, based on dividends already paid, not a forecast.
A dividend is cash paid out for each share. The 12-month total is the four most recent quarters added together.
Dividend per share each quarter: latest $0.23 (Jun 2026)
- Dividend per share $0.23
| Quarter | Dividend per share |
|---|---|
| Sep 2023 | $0.20 |
| Dec 2023 | $0.20 |
| Mar 2024 | $0.21 |
| Jun 2024 | $0.21 |
| Sep 2024 | $0.21 |
| Dec 2024 | $0.21 |
| Mar 2025 | $0.22 |
| Jun 2025 | $0.22 |
| Sep 2025 | $0.22 |
| Dec 2025 | $0.22 |
| Mar 2026 | $0.23 |
| Jun 2026 | $0.23 |
Which stock lists is Royalty Pharma on?
Royalty Pharma is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list.
Is Royalty Pharma profitable?
Royalty Pharma plc earned $17.9 M of net profit in the Jun 2026 quarter, −44.4% on the same quarter a year earlier. Full-year FY25 profit was $771 M. Over 4 years profit has grown 5.6% a year on average. That is 2.7% of the quarter's revenue. The same quarter a year earlier earned $32.2 M.
Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.
For the full year, FY25 profit was $771 M (−10.2% on the year before).
FY25 profit $771 M (−10.2% on the year before), 5.6% a year over 4 years
- Net profit $771 M
| Quarter | Net profit |
|---|---|
| FY21 | $620 M |
| FY22 | $42.8 M |
| FY23 | $1.1 B |
| FY24 | $859 M |
| FY25 | $771 M |
Growth on a year earlier
- Growth on a year earlier −10.2%
| Quarter | Growth on a year earlier |
|---|---|
| FY21 | – |
| FY22 | −93.1% |
| FY23 | 2,549.5% |
| FY24 | −24.3% |
| FY25 | −10.2% |
Jun 2026: $17.9 M (−44.4% on a year earlier)
- Net profit (quarterly) $17.9 M
| Quarter | Net profit (quarterly) |
|---|---|
| Sep 2023 | $72.1 M |
| Dec 2023 | $494 M |
| Mar 2024 | $4.8 M |
| Jun 2024 | $102 M |
| Sep 2024 | $544 M |
| Dec 2024 | $208 M |
| Mar 2025 | $239 M |
| Jun 2025 | $32.2 M |
| Sep 2025 | $288 M |
| Dec 2025 | $214 M |
| Mar 2026 | $295 M |
| Jun 2026 | $17.9 M |
Growth on a year earlier
- Growth on a year earlier −44.4%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | −49.4% |
| Dec 2023 | – |
| Mar 2024 | −98.6% |
| Jun 2024 | −55.2% |
| Sep 2024 | 654.3% |
| Dec 2024 | −57.9% |
| Mar 2025 | 4,909.4% |
| Jun 2025 | −68.5% |
| Sep 2025 | −47% |
| Dec 2025 | 2.9% |
| Mar 2026 | 23.1% |
| Jun 2026 | −44.4% |
Why profit moved: revenue changed +16.5% on a year earlier and the margin moved −19.1 percentage points. Sales did the work while the margin got thinner.
On average over the last four quarters, profit changed −16.4% and revenue +10.1%. Profit is growing slower than sales: rising costs are taking part of the growth.
How much revenue does Royalty Pharma make, and is it growing?
Royalty Pharma plc reported $674 M of revenue in the Jun 2026 quarter, +16.5% on the same quarter a year earlier. That is the 5th quarter in a row with growth on the year before. Over 4 years it has grown 1.0% a year on average. The last full year, FY25, came in at $2.4 B.
Revenue is everything the company billed its customers in the period.
The last four reported quarters add to $2.5 B.
FY25 revenue was $2.4 B, +5.1% on the year before.
FY25 revenue $2.4 B (+5.1% on the year before), 1.0% a year over 4 years
- Revenue $2.4 B
| Quarter | Revenue |
|---|---|
| FY21 | $2.3 B |
| FY22 | $2.2 B |
| FY23 | $2.4 B |
| FY24 | $2.3 B |
| FY25 | $2.4 B |
Growth on a year earlier
- Growth on a year earlier 5.1%
| Quarter | Growth on a year earlier |
|---|---|
| FY21 | – |
| FY22 | −2.3% |
| FY23 | 5.2% |
| FY24 | −3.9% |
| FY25 | 5.1% |
Jun 2026: $674 M (+16.5% on a year earlier), the 5th quarter in a row of growth
- Revenue (quarterly) $674 M
| Quarter | Revenue (quarterly) |
|---|---|
| Sep 2023 | $536 M |
| Dec 2023 | $596 M |
| Mar 2024 | $568 M |
| Jun 2024 | $537 M |
| Sep 2024 | $565 M |
| Dec 2024 | $594 M |
| Mar 2025 | $568 M |
| Jun 2025 | $579 M |
| Sep 2025 | $609 M |
| Dec 2025 | $622 M |
| Mar 2026 | $631 M |
| Jun 2026 | $674 M |
Growth on a year earlier
- Growth on a year earlier 16.5%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | −6.5% |
| Dec 2023 | 5.4% |
| Mar 2024 | −17% |
| Jun 2024 | −0.2% |
| Sep 2024 | 5.3% |
| Dec 2024 | −0.4% |
| Mar 2025 | 0% |
| Jun 2025 | 7.7% |
| Sep 2025 | 7.9% |
| Dec 2025 | 4.8% |
| Mar 2026 | 11% |
| Jun 2026 | 16.5% |
Recent pace: the last four quarters grew +10.1% on average, against 1.0% a year over the longer run, so this year is growing faster than its own long-run rate.
Is growth speeding up? Revenue over the last 12 months grew +10.0%, against +6.5% a year over the last 8 quarters (accelerating); profit over the last 12 months grew −20.4%, against +10.0% a year (rolling over).
How much of every $100 of sales does Royalty Pharma keep?
Royalty Pharma plc's operating margin was 19.7% in the Jun 2026 quarter, 19.1 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between 41.3% and 65.6%. The latest quarter is below every full year in that period.
Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.
Across 5 years it has been between 41.3% and 65.6%, and FY25's 65.6% is the highest of them.
Why the margin moved: operating margin changed −19.1 percentage points on the year while gross margin changed −75.0 points. So the drop came mostly from the gross margin, which means input costs and prices charged.
When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold.
FY25: 65.6%, the highest in a range of 41.3% to 65.6% over 5 years
- Operating margin 65.6%
| Quarter | Operating margin |
|---|---|
| FY21 | 62.5% |
| FY22 | 41.3% |
| FY23 | 63.4% |
| FY24 | 57.1% |
| FY25 | 65.6% |
Change on the year before (points)
- Change on the year before (points) +8.5 pts
| Quarter | Change on the year before (points) |
|---|---|
| FY21 | – |
| FY22 | −21.2 pts |
| FY23 | +22.1 pts |
| FY24 | −6.3 pts |
| FY25 | +8.5 pts |
Jun 2026: operating margin 19.7% (−19.1 points on a year earlier)
- Operating margin 19.7%
| Quarter | Operating margin |
|---|---|
| Sep 2023 | 28.2% |
| Dec 2023 | 102.8% |
| Mar 2024 | −13% |
| Jun 2024 | 50.2% |
| Sep 2024 | 130.2% |
| Dec 2024 | 60.9% |
| Mar 2025 | 94% |
| Jun 2025 | 38.8% |
| Sep 2025 | 70.3% |
| Dec 2025 | 57.7% |
| Mar 2026 | 100.3% |
| Jun 2026 | 19.7% |
Change on a year earlier (points)
- Change on a year earlier (points) −19.1 pts
| Quarter | Change on a year earlier (points) |
|---|---|
| Sep 2023 | −5.3 pts |
| Dec 2023 | +79.3 pts |
| Mar 2024 | −83.0 pts |
| Jun 2024 | +4.0 pts |
| Sep 2024 | +102.0 pts |
| Dec 2024 | −41.9 pts |
| Mar 2025 | +107.0 pts |
| Jun 2025 | −11.4 pts |
| Sep 2025 | −59.9 pts |
| Dec 2025 | −3.2 pts |
| Mar 2026 | +6.3 pts |
| Jun 2026 | −19.1 pts |
Is Royalty Pharma's profit turning into cash?
Over the last 3 years, 298% of Royalty Pharma plc's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $2.5 B of operating cash against $771 M of profit.
The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.
Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.
FY25: operating cash $2.5 B against profit $771 M; 298% of 3 years' profit came in as cash
- Operating cash $2.5 B
- Net profit $771 M
| Quarter | Operating cash | Net profit |
|---|---|---|
| FY21 | $2.0 B | $620 M |
| FY22 | $2.1 B | $42.8 M |
| FY23 | $3.0 B | $1.1 B |
| FY24 | $2.8 B | $859 M |
| FY25 | $2.5 B | $771 M |
Jun 2026: operating cash $728 M = 4,073% of the quarter's profit
- Operating cash (quarterly) $728 M
| Quarter | Operating cash (quarterly) |
|---|---|
| Sep 2023 | $574 M |
| Dec 2023 | $773 M |
| Mar 2024 | $665 M |
| Jun 2024 | $658 M |
| Sep 2024 | $704 M |
| Dec 2024 | $743 M |
| Mar 2025 | $596 M |
| Jun 2025 | $364 M |
| Sep 2025 | $703 M |
| Dec 2025 | $827 M |
| Mar 2026 | $718 M |
| Jun 2026 | $728 M |
Operating cash as % of profit
- Operating cash as % of profit 4,073%
| Quarter | Operating cash as % of profit |
|---|---|
| Sep 2023 | 795% |
| Dec 2023 | 156% |
| Mar 2024 | 13,910% |
| Jun 2024 | 645% |
| Sep 2024 | 129% |
| Dec 2024 | 357% |
| Mar 2025 | 249% |
| Jun 2025 | 1,131% |
| Sep 2025 | 244% |
| Dec 2025 | 386% |
| Mar 2026 | 244% |
| Jun 2026 | 4,073% |
Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.
What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets.
Where does Royalty Pharma's cash go?
Royalty Pharma plc does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.
Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.
In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean.
What is Royalty Pharma's P/E ratio, and how does it compare with its own history?
Royalty Pharma plc's P/E is 45.0×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth.
P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.
P/E 45.0× against a usual —: with too little history to compare
- P/E 38.3×
| Week | P/E |
|---|---|
| 1 Apr 2022 | 51.1× |
| 14 Apr 2022 | 57.3× |
| 29 Apr 2022 | 55.3× |
| 13 May 2022 | 51.9× |
| 27 May 2022 | 53.6× |
| 10 Jun 2022 | 52.6× |
| 24 Jun 2022 | 56.1× |
| 8 Jul 2022 | 110.7× |
| 22 Jul 2022 | 111.4× |
| 5 Aug 2022 | 109.4× |
| 19 Aug 2022 | 113.7× |
| 2 Sep 2022 | 108.4× |
| 16 Sep 2022 | 108.1× |
| 30 Sep 2022 | 84.8× |
| 14 Oct 2022 | 87.4× |
| 28 Oct 2022 | 90.2× |
| 11 Nov 2022 | 92.7× |
| 25 Nov 2022 | 90.7× |
| 9 Dec 2022 | 88.1× |
| 23 Dec 2022 | 83.2× |
| 6 Jan 2023 | 80.4× |
| 20 Jan 2023 | 80.9× |
| 3 Feb 2023 | 82.2× |
| 17 Feb 2023 | 79.8× |
| 3 Mar 2023 | 75.2× |
| 17 Mar 2023 | 73.1× |
| 31 Mar 2023 | 113.3× |
| 14 Apr 2023 | 114.0× |
| 28 Apr 2023 | 110.5× |
| 12 May 2023 | 108.7× |
| 26 May 2023 | 101.8× |
| 9 Jun 2023 | 103.5× |
| 23 Jun 2023 | 97.3× |
| 7 Jul 2023 | 240.1× |
| 21 Jul 2023 | 244.8× |
| 4 Aug 2023 | 244.8× |
| 18 Aug 2023 | 234.7× |
| 1 Sep 2023 | 242.2× |
| 15 Sep 2023 | 225.0× |
| 29 Sep 2023 | 217.1× |
| 13 Oct 2023 | 222.7× |
| 27 Oct 2023 | 209.7× |
| 10 Nov 2023 | 217.8× |
| 24 Nov 2023 | 216.5× |
| 8 Dec 2023 | 228.6× |
| 22 Dec 2023 | 220.4× |
| 5 Jan 2024 | 10.8× |
| 19 Jan 2024 | 11.5× |
| 2 Feb 2024 | 11.1× |
| 16 Feb 2024 | 11.8× |
| 1 Mar 2024 | 11.8× |
| 15 Mar 2024 | 11.9× |
| 28 Mar 2024 | 12.0× |
| 12 Apr 2024 | 15.8× |
| 26 Apr 2024 | 15.7× |
| 10 May 2024 | 15.8× |
| 24 May 2024 | 14.9× |
| 7 Jun 2024 | 15.4× |
| 21 Jun 2024 | 15.1× |
| 5 Jul 2024 | 17.1× |
| 19 Jul 2024 | 18.7× |
| 2 Aug 2024 | 19.0× |
| 16 Aug 2024 | 18.1× |
| 30 Aug 2024 | 19.3× |
| 13 Sep 2024 | 18.4× |
| 27 Sep 2024 | 18.8× |
| 11 Oct 2024 | 10.9× |
| 25 Oct 2024 | 10.5× |
| 8 Nov 2024 | 10.3× |
| 22 Nov 2024 | 10.3× |
| 6 Dec 2024 | 10.1× |
| 20 Dec 2024 | 9.74× |
| 3 Jan 2025 | 14.3× |
| 17 Jan 2025 | 17.1× |
| 31 Jan 2025 | 17.5× |
| 14 Feb 2025 | 17.9× |
| 28 Feb 2025 | 18.6× |
| 14 Mar 2025 | 18.2× |
| 28 Mar 2025 | 17.4× |
| 11 Apr 2025 | 13.7× |
| 25 Apr 2025 | 13.8× |
| 9 May 2025 | 14.2× |
| 23 May 2025 | 13.9× |
| 6 Jun 2025 | 14.4× |
| 20 Jun 2025 | 14.9× |
| 3 Jul 2025 | 16.6× |
| 18 Jul 2025 | 16.3× |
| 1 Aug 2025 | 17.0× |
| 15 Aug 2025 | 16.6× |
| 29 Aug 2025 | 16.4× |
| 12 Sep 2025 | 16.6× |
| 26 Sep 2025 | 16.0× |
| 10 Oct 2025 | 22.0× |
| 24 Oct 2025 | 22.7× |
| 7 Nov 2025 | 23.5× |
| 21 Nov 2025 | 23.7× |
| 5 Dec 2025 | 24.2× |
| 19 Dec 2025 | 23.5× |
| 2 Jan 2026 | 23.2× |
| 16 Jan 2026 | 23.6× |
| 30 Jan 2026 | 24.9× |
| 13 Feb 2026 | 27.0× |
| 27 Feb 2026 | 27.6× |
| 13 Mar 2026 | 27.3× |
| 27 Mar 2026 | 27.7× |
| 10 Apr 2026 | 26.6× |
| 24 Apr 2026 | 27.4× |
| 8 May 2026 | 28.2× |
| 22 May 2026 | 30.3× |
| 5 Jun 2026 | 31.1× |
| 18 Jun 2026 | 29.4× |
| 2 Jul 2026 | 32.7× |
| 17 Jul 2026 | 33.0× |
| 31 Jul 2026 | 33.1× |
| 14 Aug 2026 | 33.2× |
| 28 Aug 2026 | 34.5× |
| 11 Sep 2026 | 33.2× |
| 25 Sep 2026 | 33.0× |
| 9 Oct 2026 | 32.3× |
| 23 Oct 2026 | 36.2× |
| 4 Nov 2026 | 38.3× |
Earnings per share, 12 months
- Earnings per share, 12 months $1.76
| Week | Earnings per share, 12 months |
|---|---|
| 1 Apr 2022 | – |
| 14 Apr 2022 | – |
| 29 Apr 2022 | – |
| 13 May 2022 | – |
| 27 May 2022 | – |
| 10 Jun 2022 | – |
| 24 Jun 2022 | $0.77 |
| 8 Jul 2022 | $0.77 |
| 22 Jul 2022 | $0.77 |
| 5 Aug 2022 | $0.77 |
| 19 Aug 2022 | $0.77 |
| 2 Sep 2022 | $0.77 |
| 16 Sep 2022 | $0.77 |
| 30 Sep 2022 | $0.47 |
| 14 Oct 2022 | $0.47 |
| 28 Oct 2022 | $0.47 |
| 11 Nov 2022 | $0.47 |
| 25 Nov 2022 | $0.47 |
| 9 Dec 2022 | $0.47 |
| 23 Dec 2022 | $0.47 |
| 6 Jan 2023 | $0.47 |
| 20 Jan 2023 | $0.47 |
| 3 Feb 2023 | $0.47 |
| 17 Feb 2023 | $0.47 |
| 3 Mar 2023 | $0.47 |
| 17 Mar 2023 | $0.47 |
| 31 Mar 2023 | $0.32 |
| 14 Apr 2023 | $0.32 |
| 28 Apr 2023 | $0.32 |
| 12 May 2023 | $0.32 |
| 26 May 2023 | $0.32 |
| 9 Jun 2023 | $0.32 |
| 23 Jun 2023 | $0.13 |
| 7 Jul 2023 | $0.13 |
| 21 Jul 2023 | $0.13 |
| 4 Aug 2023 | $0.13 |
| 18 Aug 2023 | $0.13 |
| 1 Sep 2023 | $0.13 |
| 15 Sep 2023 | $0.13 |
| 29 Sep 2023 | $0.13 |
| 13 Oct 2023 | $0.13 |
| 27 Oct 2023 | $0.13 |
| 10 Nov 2023 | $0.13 |
| 24 Nov 2023 | $0.13 |
| 8 Dec 2023 | $0.13 |
| 22 Dec 2023 | $0.13 |
| 5 Jan 2024 | $0.13 |
| 19 Jan 2024 | $0.13 |
| 2 Feb 2024 | $0.13 |
| 16 Feb 2024 | $0.13 |
| 1 Mar 2024 | $0.13 |
| 15 Mar 2024 | $0.13 |
| 28 Mar 2024 | $2.54 |
| 12 Apr 2024 | $2.54 |
| 26 Apr 2024 | $2.54 |
| 10 May 2024 | $2.54 |
| 24 May 2024 | $2.54 |
| 7 Jun 2024 | $2.54 |
| 21 Jun 2024 | $1.78 |
| 5 Jul 2024 | $1.78 |
| 19 Jul 2024 | $1.78 |
| 2 Aug 2024 | $1.78 |
| 16 Aug 2024 | $1.78 |
| 30 Aug 2024 | $1.78 |
| 13 Sep 2024 | $1.78 |
| 27 Sep 2024 | $1.50 |
| 11 Oct 2024 | $1.50 |
| 25 Oct 2024 | $1.50 |
| 8 Nov 2024 | $1.50 |
| 22 Nov 2024 | $1.50 |
| 6 Dec 2024 | $1.50 |
| 20 Dec 2024 | $1.50 |
| 3 Jan 2025 | $2.56 |
| 17 Jan 2025 | $2.56 |
| 31 Jan 2025 | $2.56 |
| 14 Feb 2025 | $2.56 |
| 28 Feb 2025 | $2.56 |
| 14 Mar 2025 | $2.56 |
| 28 Mar 2025 | $1.80 |
| 11 Apr 2025 | $1.80 |
| 25 Apr 2025 | $1.80 |
| 9 May 2025 | $1.80 |
| 23 May 2025 | $1.80 |
| 6 Jun 2025 | $1.80 |
| 20 Jun 2025 | $1.80 |
| 3 Jul 2025 | $2.34 |
| 18 Jul 2025 | $2.34 |
| 1 Aug 2025 | $2.34 |
| 15 Aug 2025 | $2.34 |
| 29 Aug 2025 | $2.34 |
| 12 Sep 2025 | $2.34 |
| 26 Sep 2025 | $2.19 |
| 10 Oct 2025 | $2.19 |
| 24 Oct 2025 | $2.19 |
| 7 Nov 2025 | $2.19 |
| 21 Nov 2025 | $2.19 |
| 5 Dec 2025 | $2.19 |
| 19 Dec 2025 | $2.19 |
| 2 Jan 2026 | $1.64 |
| 16 Jan 2026 | $1.64 |
| 30 Jan 2026 | $1.64 |
| 13 Feb 2026 | $1.64 |
| 27 Feb 2026 | $1.64 |
| 13 Mar 2026 | $1.64 |
| 27 Mar 2026 | $1.67 |
| 10 Apr 2026 | $1.67 |
| 24 Apr 2026 | $1.67 |
| 8 May 2026 | $1.67 |
| 22 May 2026 | $1.67 |
| 5 Jun 2026 | $1.67 |
| 18 Jun 2026 | $1.67 |
| 2 Jul 2026 | $1.80 |
| 17 Jul 2026 | $1.80 |
| 31 Jul 2026 | $1.80 |
| 14 Aug 2026 | $1.80 |
| 28 Aug 2026 | $1.80 |
| 11 Sep 2026 | $1.80 |
| 25 Sep 2026 | $1.76 |
| 9 Oct 2026 | $1.76 |
| 23 Oct 2026 | $1.76 |
| 4 Nov 2026 | $1.76 |
PEG 1.00 at the Jun 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate
- PEG 1.00×
- PEG = 1.0 1.00×
| Quarter | PEG | PEG = 1.0 |
|---|---|---|
| Sep 2021 | 1.07× | 1.00× |
| Dec 2021 | 1.12× | 1.00× |
| Mar 2022 | 1.24× | 1.00× |
| Jun 2022 | 1.35× | 1.00× |
| Sep 2022 | 1.07× | 1.00× |
| Dec 2022 | 0.94× | 1.00× |
| Mar 2023 | 0.85× | 1.00× |
| Jun 2023 | 1.13× | 1.00× |
| Sep 2023 | 3.10× | 1.00× |
| Dec 2023 | 2.65× | 1.00× |
| Mar 2024 | 2.19× | 1.00× |
| Jun 2024 | 1.47× | 1.00× |
| Sep 2024 | 1.60× | 1.00× |
| Dec 2024 | 2.14× | 1.00× |
| Mar 2025 | 0.82× | 1.00× |
| Jun 2025 | 0.71× | 1.00× |
| Sep 2025 | 2.03× | 1.00× |
| Dec 2025 | 0.79× | 1.00× |
| Mar 2026 | 0.76× | 1.00× |
| Jun 2026 | 1.00× | 1.00× |
Why the multiple is where it is: over the past year earnings per share moved −6.8% while the price moved +75.1%. The price did better than earnings, which pushed the multiple up within its own range.
Where the price move came from: over 3 years the price moved +34.2% a year; about +141.7% a year came from earnings growth and about −107.5 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.
In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple.
Is the Royalty Pharma business getting better or worse?
Royalty Pharma plc's business is getting worse. Profit and EPS growth are shrinking: profit growth is −20.4% in the latest quarter, against +2549.5% at its best in 12 quarters, with ROCE steady at 8.6%. This is based on 12 quarters of 4 measures.
Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.
Growth year by year: revenue +5.1% in FY25, profit −10.2%
- Revenue growth 5.1%
| Quarter | Revenue growth |
|---|---|
| FY21 | – |
| FY22 | −2.3% |
| FY23 | 5.2% |
| FY24 | −3.9% |
| FY25 | 5.1% |
Profit growth, EPS growth
- Profit growth −10.2%
- EPS growth −6.8%
| Quarter | Profit growth | EPS growth |
|---|---|---|
| FY21 | – | – |
| FY22 | −93.1% | −93.4% |
| FY23 | 300% | 300% |
| FY24 | −24.3% | −24.5% |
| FY25 | −10.2% | −6.8% |
Three growth lines over twelve quarters: revenue accelerating, profit rolling over
- Revenue 10%
| Quarter | Revenue |
|---|---|
| Sep 2023 | 3.4% |
| Dec 2023 | 5.2% |
| Mar 2024 | −5.1% |
| Jun 2024 | −5.2% |
| Sep 2024 | −2.5% |
| Dec 2024 | −3.9% |
| Mar 2025 | 1.1% |
| Jun 2025 | 3% |
| Sep 2025 | 3.7% |
| Dec 2025 | 5.1% |
| Mar 2026 | 7.8% |
| Jun 2026 | 10% |
Profit, EPS
- Profit −20.4%
- EPS −19.4%
| Quarter | Profit | EPS |
|---|---|---|
| Sep 2023 | −63.6% | −108.4% |
| Dec 2023 | 300% | – |
| Mar 2024 | 140.7% | 300% |
| Jun 2024 | 164.1% | 300% |
| Sep 2024 | 300% | – |
| Dec 2024 | −24.3% | −28.9% |
| Mar 2025 | 36.9% | 31.3% |
| Jun 2025 | 52.1% | 45.5% |
| Sep 2025 | −32.9% | −35.9% |
| Dec 2025 | −9.9% | −7.3% |
| Mar 2026 | −24.2% | −23.1% |
| Jun 2026 | −20.4% | −19.4% |
ROCE: the return line, worked out each quarter
- ROCE 8.6%
| Quarter | ROCE |
|---|---|
| Sep 2023 | – |
| Dec 2023 | 9.4% |
| Mar 2024 | 5.9% |
| Jun 2024 | 5.8% |
| Sep 2024 | 9.5% |
| Dec 2024 | 7.8% |
| Mar 2025 | 11.7% |
| Jun 2025 | 10.8% |
| Sep 2025 | 8.7% |
| Dec 2025 | 8.6% |
| Mar 2026 | 9.2% |
| Jun 2026 | 8.6% |
Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind.
Compound annual growth rate (%)
Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.
| Measure | 1yr | 3yr | 5yr | 10yr |
|---|---|---|---|---|
| Revenue | +5.1% | +2.1% | — | — |
| Profit | −10.2% | +162.1% | — | — |
| EPS | −6.8% | +163.1% | — | — |
| Stock price | +75.1% | +34.2% | +11.3% | — |
How much does Royalty Pharma earn on its capital?
Royalty Pharma plc earned a ROE of 8% in FY25. That is up from a low of 0% in FY22. Its return on capital used (ROIC) is 0.1 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.
Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.
It comes from a 32.4% net margin and 0.12× asset turnover (sales divided by assets).
Why the return is what it is (FY25): a 32.4% net margin × 0.12× asset turnover × 2.02× leverage (assets divided by equity) ≈ 7.9% on equity. The margin does most of the work; borrowing is a big part of it.
The key test, return on capital used minus the cost of capital: 5.6% − 5.7% = −0.1 percentage points. The 5.7% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.
FY25: ROE 8%, the climb back from FY22's 0%
- ROE 7.9%
- Cost of capital 5.7%
| Quarter | ROE | Cost of capital |
|---|---|---|
| FY21 | 6% | 5.7% |
| FY22 | 0.4% | 5.7% |
| FY23 | 11.3% | 5.7% |
| FY24 | 8.3% | 5.7% |
| FY25 | 7.9% | 5.7% |
Jun 2026: ROE 19.1% (last 12 months)
- ROE (12 months) 19.1%
| Quarter | ROE (12 months) |
|---|---|
| Sep 2023 | 14.3% |
| Dec 2023 | 5% |
| Mar 2024 | 29.2% |
| Jun 2024 | −0.2% |
| Sep 2024 | 7.9% |
| Dec 2024 | 32.2% |
| Mar 2025 | 13% |
| Jun 2025 | 17.3% |
| Sep 2025 | 3.8% |
| Dec 2025 | 18.6% |
| Mar 2026 | 14.7% |
| Jun 2026 | 19.1% |
Does Royalty Pharma have too much debt?
Royalty Pharma plc has total debt of $9.0 B against shareholder equity of $9.8 B as of Jun 2026, so its debt is 0.92× its equity. Year by year, that ratio went from 0.69 in FY21 to 0.92 in FY25. Keep that borrowing in mind when reading the returns on this page.
Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.
FY25: debt $9.0 B, 0.92× equity
- Total debt $9.0 B
| Quarter | Total debt |
|---|---|
| FY21 | $7.1 B |
| FY22 | $7.1 B |
| FY23 | $6.1 B |
| FY24 | $7.6 B |
| FY25 | $9.0 B |
Debt-to-equity
- Debt-to-equity 0.92×
| Quarter | Debt-to-equity |
|---|---|
| FY21 | 0.69× |
| FY22 | 0.75× |
| FY23 | 0.61× |
| FY24 | 0.74× |
| FY25 | 0.92× |
Jun 2026: debt $9.0 B, debt-to-equity 0.92
- Total debt (quarterly) $9.0 B
| Quarter | Total debt (quarterly) |
|---|---|
| Sep 2023 | $6.1 B |
| Dec 2023 | $6.1 B |
| Mar 2024 | $6.1 B |
| Jun 2024 | $7.6 B |
| Sep 2024 | $7.6 B |
| Dec 2024 | $7.6 B |
| Mar 2025 | $7.6 B |
| Jun 2025 | $8.0 B |
| Sep 2025 | $9.0 B |
| Dec 2025 | $9.0 B |
| Mar 2026 | $9.0 B |
| Jun 2026 | $9.0 B |
Debt-to-equity
- Debt-to-equity 0.92×
| Quarter | Debt-to-equity |
|---|---|
| Sep 2023 | 0.64× |
| Dec 2023 | 0.61× |
| Mar 2024 | 0.62× |
| Jun 2024 | 0.78× |
| Sep 2024 | 0.74× |
| Dec 2024 | 0.74× |
| Mar 2025 | 0.78× |
| Jun 2025 | 0.84× |
| Sep 2025 | 0.93× |
| Dec 2025 | 0.92× |
| Mar 2026 | 0.90× |
| Jun 2026 | 0.92× |
What is the Royalty Pharma shareholding pattern?
3.1% of Royalty Pharma plc's tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 4.3 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.
There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.
It is a single reading at one point in time; we do not have its history.
Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.
How far is Royalty Pharma from balance-sheet trouble?
For Royalty Pharma plc, the Z-score is 1.73. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.
The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.
Why it matters: a Z-score of 1.73 is inside the danger zone, so the balance sheet is a real risk.
How does Royalty Pharma rank in its industry?
50.9 out of 100, rank 15 of 30 in Biotechnology, with 81% of the evidence available.
Royalty Pharma plc scores 50.9 out of 100 against the 30 companies it is compared with in Biotechnology, ranking 15. Relative strength against the index is 24.7%, and revenue and profit growth are weak.
The four parts add up to the total exactly: 10.8 + 12.8 + 12.8 + 14.5 = 50.9. This is the same number shown on the industry page; it is worked out once for the whole group and read here.
What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.
Which companies is Royalty Pharma compared with?
Royalty Pharma ranks 15 of 30 Biotechnology companies on the 4-Factor Sector Score, with 50.9 out of 100.
- 1Exelixis, Inc.EXEL · breaking out · Most evidence points up · 81% evidence76.0out of 100
How the score adds up
Growth & earnings 22.9/35 · Revenue 9.3% · Profit 42.8% · Operating margin change 1.9 points · 83% evidenceCapital efficiency 21.0/25 · ROCE 46.5% · Operating margin 39.5% · 76% evidenceValuation 14.4/20 · P/E 15.9× · PEG 0.3 · 65% evidenceRelative strength 17.7/20 · Lead over its industry 10.5% · Lead over S&P 500 37% · 1 year 78.3% · 100% evidence · 8 of 12 weeks aheadExact sum: 22.9 + 21 + 14.4 + 17.7 = 76 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. - 2Halozyme Therapeutics, Inc.HALO · leader · Most evidence points up · 81% evidence71.1out of 100
How the score adds up
Growth & earnings 17.1/35 · Revenue 41.1% · Profit -25.9% · Operating margin change -2.4 points · 83% evidenceCapital efficiency 21.0/25 · ROCE 42.3% · Operating margin 59.8% · 76% evidenceValuation 14.4/20 · P/E 22.4× · PEG 0.25 · 65% evidenceRelative strength 18.6/20 · Lead over its industry 22.6% · Lead over S&P 500 50.7% · 1 year 91% · 100% evidence · 12 of 12 weeks aheadExact sum: 17.1 + 21 + 14.4 + 18.6 = 71.1 · What this means: Relative strength against the index is 50.7%, and revenue and profit growth are weak. - 3Caris Life Sciences, Inc.CAI · leader · Most evidence points up · 64% evidence65.7out of 100
How the score adds up
Growth & earnings 23.7/35 · Revenue 85.4% · Profit — · Operating margin change 20.1 points · 62% evidenceCapital efficiency 13.1/25 · ROCE 14.8% · Operating margin 10.2% · 76% evidenceValuation 11.2/20 · P/E -14.2× · PEG — · 15% evidenceRelative strength 17.7/20 · Lead over its industry 10.2% · Lead over S&P 500 37.4% · 1 year 29.7% · 100% evidence · 12 of 12 weeks aheadExact sum: 23.7 + 13.1 + 11.2 + 17.7 = 65.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 4Incyte CorporationINCY · turning · Evidence leans up · 71% evidence64.3out of 100
How the score adds up
Growth & earnings 26.4/35 · Revenue 26.9% · Profit 85.3% · Operating margin change 16.3 points · 83% evidenceCapital efficiency 20.6/25 · ROCE 28.1% · Operating margin 41.9% · 76% evidenceValuation 10.7/20 · P/E 14× · PEG — · 15% evidenceRelative strength 6.6/20 · Lead over its industry -13.6% · Lead over S&P 500 7.7% · 1 year 15.9% · 100% evidence · 5 of 12 weeks aheadExact sum: 26.4 + 20.6 + 10.7 + 6.6 = 64.3 · What this means: Earnings are strong; relative strength in its sector is -13.6% and the one-year return is 15.9%. - 5Genmab A/SGMAB · leader · Evidence leans up · 81% evidence60.8out of 100
How the score adds up
Growth & earnings 10.7/35 · Revenue 18.2% · Profit -39.3% · Operating margin change -3.7 points · 83% evidenceCapital efficiency 15.7/25 · ROCE 11.7% · Operating margin 35.2% · 76% evidenceValuation 14.9/20 · P/E 21.4× · PEG 0.21 · 65% evidenceRelative strength 19.5/20 · Lead over its industry 32.8% · Lead over S&P 500 65.2% · 1 year 92.3% · 100% evidence · 12 of 12 weeks aheadExact sum: 10.7 + 15.7 + 14.9 + 19.5 = 60.8 · What this means: Relative strength against the index is 65.2%, and revenue and profit growth are weak. - 6argenx SEARGX · turning · Evidence leans up · 85% evidence58.8out of 100
How the score adds up
Growth & earnings 24.7/35 · Revenue 60.6% · Profit 22.4% · Operating margin change 5.9 points · 95% evidenceCapital efficiency 16.9/25 · ROCE 18.9% · Operating margin 36.3% · 76% evidenceValuation 9.8/20 · P/E 32× · PEG 1.39 · 65% evidenceRelative strength 7.4/20 · Lead over its industry -18.3% · Lead over S&P 500 2.3% · 1 year 9% · 100% evidence · 6 of 12 weeks aheadExact sum: 24.7 + 16.9 + 9.8 + 7.4 = 58.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 7Kymera Therapeutics, Inc.KYMR · turning · Evidence leans up · 61% evidence57.6out of 100
How the score adds up
Growth & earnings 23.7/35 · Revenue 100% · Profit — · Operating margin change 620.5 points · 62% evidenceCapital efficiency 6.8/25 · ROCE -22% · Operating margin -116.3% · 76% evidenceValuation 10.0/20 · P/E — · PEG — · 0% evidenceRelative strength 17.1/20 · Lead over its industry 12.3% · Lead over S&P 500 38.4% · 1 year 132.3% · 100% evidence · 7 of 12 weeks aheadExact sum: 23.7 + 6.8 + 10 + 17.1 = 57.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 8Vertex Pharmaceuticals IncorporatedVRTX · breaking out · Evidence leans up · 81% evidence56.1out of 100
How the score adds up
Growth & earnings 15.9/35 · Revenue 10.2% · Profit 21.1% · Operating margin change -0.8 points · 83% evidenceCapital efficiency 19.6/25 · ROCE 20.9% · Operating margin 38.1% · 76% evidenceValuation 10.9/20 · P/E 28.6× · PEG 1.25 · 65% evidenceRelative strength 9.7/20 · Lead over its industry -13% · Lead over S&P 500 8.5% · 1 year 34.1% · 100% evidence · 8 of 12 weeks aheadExact sum: 15.9 + 19.6 + 10.9 + 9.7 = 56.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 9Spyre Therapeutics, Inc.SYRE · quiet · Too little evidence to rank firmly · 56% evidence55.8out of 100
How the score adds up
Growth & earnings 23.3/35 · Revenue — · Profit — · Operating margin change 999.3 points · 52% evidenceCapital efficiency 8.6/25 · ROCE -24.5% · Operating margin — · 61% evidenceValuation 10.9/20 · P/E -8.2× · PEG — · 15% evidenceRelative strength 13.0/20 · Lead over its industry 18.5% · Lead over S&P 500 43.8% · 1 year 339.8% · 100% evidence · 4 of 12 weeks aheadExact sum: 23.3 + 8.6 + 10.9 + 13 = 55.8 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. - 10BeOne Medicines AGONC · leader · Evidence leans up · 64% evidence54.9out of 100
How the score adds up
Growth & earnings 22.3/35 · Revenue 34.3% · Profit — · Operating margin change 12.4 points · 62% evidenceCapital efficiency 13.4/25 · ROCE 13.1% · Operating margin 19.1% · 76% evidenceValuation 9.1/20 · P/E 48.3× · PEG — · 15% evidenceRelative strength 10.1/20 · Lead over its industry -13.3% · Lead over S&P 500 8.4% · 1 year 17.7% · 100% evidence · 12 of 12 weeks aheadExact sum: 22.3 + 13.4 + 9.1 + 10.1 = 54.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 11Moderna, Inc.MRNA · leader · Evidence leans up · 64% evidence54.7out of 100
- 12Jazz Pharmaceuticals plcJAZZ · quiet · Evidence leans up · 74% evidence53.6out of 100
- 13Regeneron Pharmaceuticals, Inc.REGN · leader · Evidence leans up · 81% evidence51.9out of 100
- 14Alnylam Pharmaceuticals, Inc.ALNY · quiet · Evidence leans up · 64% evidence51.1out of 100
- 15Royalty Pharma plc this pageRPRX · turning · Evidence leans up · 81% evidence50.9out of 100
How the score adds up
Growth & earnings 10.8/35 · Revenue 10% · Profit -20.3% · Operating margin change -19.1 points · 83% evidenceCapital efficiency 12.8/25 · ROCE 8.1% · Operating margin 19.7% · 76% evidenceValuation 12.8/20 · P/E 30.5× · PEG 0.32 · 65% evidenceRelative strength 14.5/20 · Lead over its industry 0.8% · Lead over S&P 500 24.7% · 1 year 75.1% · 100% evidence · 7 of 12 weeks aheadExact sum: 10.8 + 12.8 + 12.8 + 14.5 = 50.9 · What this means: Relative strength against the index is 24.7%, and revenue and profit growth are weak. - 16ImmunityBio, Inc.IBRX · breaking out · Evidence leans down · 61% evidence49.5out of 100
- 17Protagonist Therapeutics, Inc.PTGX · losing its lead · Evidence leans down · 74% evidence49.2out of 100
- 18Bio-Techne CorporationTECH · turning · Evidence leans down · 74% evidence42.2out of 100
- 19Summit Therapeutics Inc.SMMT · breaking out · Too little evidence to rank firmly · 53% evidence39.7out of 100
- 20Revolution Medicines, Inc.RVMD · quiet · Too little evidence to rank firmly · 53% evidence39.5out of 100
- 21Roivant Sciences Ltd.ROIV · turning · Too little evidence to rank firmly · 60% evidence38.0out of 100
- 22Madrigal Pharmaceuticals, Inc.MDGL · quiet · Evidence leans down · 61% evidence36.4out of 100
- 23Insmed IncorporatedINSM · basing · Evidence leans down · 61% evidence35.2out of 100
- 24BridgeBio Pharma, Inc.BBIO · quiet · Most evidence points down · 61% evidence34.8out of 100
- 25BioNTech SEBNTX · quiet · Most evidence points down · 64% evidence32.4out of 100
- 26BioMarin Pharmaceutical Inc.BMRN · quiet · Most evidence points down · 81% evidence26.7out of 100
- 27Ascendis Pharma A/SASND · turning · Too little evidence to rank firmly · 44% evidence63.0out of 100
- 28Apogee Therapeutics, Inc.APGE · Too little evidence to rank firmly · 27% evidence46.7out of 100
- 29Nuvalent, Inc.NUVL · Too little evidence to rank firmly · 20% evidence40.9out of 100
- 30Vaxcyte, Inc.PCVX · breaking out · Too little evidence to rank firmly · 47% evidence38.2out of 100
Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.
The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.
Related companies: Biotechnology, all 30 compared on one page.
Which companies are close to Royalty Pharma in size?
Royalty Pharma is the 7th largest of 211 Biotechnology companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: argenx SE, BeOne Medicines AG and Revolution Medicines, Inc. Just below it: Genmab A/S, Roivant Sciences and Incyte Corporation.
Biotechnology companies close in size
- argenx SE $59.1 billion
- BeOne Medicines AG $42.8 billion
- Revolution Medicines, Inc. $42.7 billion
- Royalty Pharma plc $38.8 billion
- Genmab A/S $31.9 billion
- Roivant Sciences Ltd. $27.6 billion
- Incyte Corporation $25 billion
All 211 Biotechnology companies, largest first
Companies close in size in other industries
- Take-Two Interactive Software, Inc. $39.1 billion · Electronic Gaming & Multimedia
- WEC Energy Group, Inc. $38.9 billion · Utilities - Regulated Electric
- Royalty Pharma plc $38.8 billion
- GE HealthCare Technologies Inc. $38.8 billion · Medical Devices
- Nebius Group N.V. $38.8 billion · Internet Content & Information
What else do people ask about Royalty Pharma?
What were Royalty Pharma's latest quarterly results?
Royalty Pharma plc reported revenue of $674 M and net profit of $17.9 M for the Jun 2026 quarter. Revenue rose 16.5% and profit fell 44.4% compared with a year earlier. Earnings per share were $0.04.
The operating margin was 19.7%, 19.1 percentage points lower than a year earlier (as of 4 November 2026).
What is Royalty Pharma's market cap?
Royalty Pharma plc's market capitalisation is $38.8 B at a stock price of $67.53. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).
How is Royalty Pharma performing?
Royalty Pharma plc's share price has been rising for 84 weeks. In its latest quarter, revenue rose 16.5% and profit fell 44.4% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 4 weeks running (as of 4 November 2026).
Will Royalty Pharma's stock price go up?
This page does not forecast Royalty Pharma plc's stock price. What it shows instead: the stock price is $67.53, and it has been rising for 84 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026).
Where is Royalty Pharma in its business cycle?
Royalty Pharma plc's FY25 operating margin was 65.6%, against a 5-year range of 41.3% to 65.6%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 19.7%.
Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).
What could break the Royalty Pharma story?
The main question: the share price moved +75.1% in a year while yearly earnings per share moved −6.8%. The difference came from the market paying a higher multiple.
On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).
Is Royalty Pharma a stock worth studying right now?
What the numbers show: Royalty Pharma plc's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether earnings grow into a price that has already moved.
Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).
Where do these numbers come from?
Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.
Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.
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