TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Jun 2025

Income Metrics

Revenue 51.4M
Gross Profit 33.1M 64.38%
Operating Income 26.0M 50.60%
Net Income 16.9M 32.96%
EPS (Diluted) $0.05

Balance Sheet Metrics

Total Assets 1.8B
Total Liabilities 391.8M
Shareholders Equity 1.4B
Debt to Equity 0.27

Cash Flow Metrics

Operating Cash Flow 37.0M
Free Cash Flow 40.5M

Revenue & Profitability Trend

Sandstorm Gold Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue i 176.3M 179.6M 148.7M 114.9M 93.0M
Cost of Goods Sold i 80.3M 97.0M 83.1M 52.5M 47.2M
Gross Profit i 96.0M 82.6M 65.6M 62.3M 45.9M
Gross Margin % i 54.4% 46.0% 44.1% 54.2% 49.3%
Operating Expenses
Research & Development i - - - - -
Selling, General & Administrative i 15.7M 14.4M 13.4M 10.2M 8.3M
Other Operating Expenses i 7.1M 7.2M 7.4M 7.8M 5.5M
Total Operating Expenses i 22.8M 21.5M 20.8M 18.0M 13.9M
Operating Income i 71.0M 61.1M 44.8M 44.3M 32.0M
Operating Margin % i 40.3% 34.0% 30.1% 38.6% 34.4%
Non-Operating Items
Interest Income i - - 809.0K 481.0K 315.0K
Interest Expense i 35.0M 39.5M 17.3M 2.1M 2.1M
Other Non-Operating Income -6.5M 25.3M 60.3M 2.2M -5.9M
Pre-tax Income i 29.5M 46.9M 87.8M 44.9M 24.3M
Income Tax i 14.0M 4.2M 9.3M 17.2M 10.5M
Effective Tax Rate % i 47.5% 9.0% 10.6% 38.4% 43.1%
Net Income i 15.5M 42.7M 78.4M 27.6M 13.8M
Net Margin % i 8.8% 23.8% 52.7% 24.0% 14.9%
Key Metrics
EBITDA i 135.2M 146.4M 101.4M 80.0M 65.4M
EPS (Basic) i $0.05 $0.14 $0.34 $0.14 $0.07
EPS (Diluted) i $0.05 $0.14 $0.33 $0.14 $0.07
Basic Shares Outstanding i 297489424 297406309 231348386 193974313 187507754
Diluted Shares Outstanding i 297489424 297406309 231348386 193974313 187507754

Income Statement Trend

Sandstorm Gold Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets
Cash & Equivalents i 4.4M 5.0M 7.0M 16.2M 113.8M
Short-term Investments i 6.9M 9.8M 1.3M 5.0M 1.9M
Accounts Receivable i 18.6M 15.2M 18.3M 11.8M 8.0M
Inventory i - - - - -
Other Current Assets 212.0K 4.3M 531.0K 293.0K 737.0K
Total Current Assets i 31.7M 53.8M 32.7M 33.6M 124.4M
Non-Current Assets
Property, Plant & Equipment i - - - - -
Goodwill i - - - - -
Intangible Assets i - - - - -
Long-term Investments 2.3M 1.6M 2.1M 1.7M 1.1M
Other Non-Current Assets 28.3M 29.2M 7.4M 5.0M 10.9M
Total Non-Current Assets i 1.8B 1.9B 1.9B 587.3M 525.5M
Total Assets i 1.9B 1.9B 2.0B 620.9M 649.9M
Liabilities
Current Liabilities
Accounts Payable i 5.0M 5.7M 3.8M 2.2M 3.4M
Short-term Debt i - - - - -
Current Portion of Long-term Debt - - - - -
Other Current Liabilities - - - - -
Total Current Liabilities i 16.2M 16.2M 19.0M 7.3M 3.4M
Non-Current Liabilities
Long-term Debt i 355.0M 435.0M 497.5M 2.6M 2.9M
Deferred Tax Liabilities i 29.6M 26.3M 16.8M 18.3M 5.5M
Other Non-Current Liabilities - - - - -
Total Non-Current Liabilities i 384.6M 461.3M 514.3M 20.9M 8.3M
Total Liabilities i 400.8M 477.4M 533.4M 28.2M 11.8M
Equity
Common Stock i 1.3B 1.3B 1.3B 694.7M 719.7M
Retained Earnings i 119.9M 122.9M 98.9M 35.6M 11.0M
Treasury Stock i - - - - -
Other Equity - - - - -
Total Shareholders Equity i 1.4B 1.5B 1.4B 592.6M 638.1M
Key Metrics
Total Debt i 355.0M 435.0M 497.5M 2.6M 2.9M
Working Capital i 15.5M 37.6M 13.7M 26.3M 120.9M

Balance Sheet Composition

Sandstorm Gold Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income i 15.5M 42.7M 78.4M 27.6M 13.8M
Depreciation & Amortization i 62.3M 75.9M 60.2M 36.2M 33.6M
Stock-Based Compensation i 7.9M 7.6M 6.1M 6.0M 5.7M
Working Capital Changes i -3.6M 1.5M -5.5M -4.2M -553.0K
Operating Cash Flow i 128.2M 165.1M 163.8M 81.6M 62.4M
Investing Activities
Capital Expenditures i 1.4M 2.6M -582.7M -152.7M -3.5M
Acquisitions i - 0 -3.8M -559.0K -3.3M
Investment Purchases i -11.1M -30.5M -33.4M -13.0M -15.9M
Investment Sales i 20.7M 5.7M 7.3M 22.4M 56.4M
Investing Cash Flow i 10.9M -22.2M -612.7M -143.9M 33.7M
Financing Activities
Share Repurchases i -16.6M -16.0M -421.0K -33.1M -23.5M
Dividends Paid i -17.5M -17.7M -13.6M 0 0
Debt Issuance i 22.0M 41.5M 653.1M 0 41.0M
Debt Repayment i -102.0M -104.0M -212.4M 0 -86.0M
Financing Cash Flow i -114.1M -96.2M 512.7M -33.1M -68.5M
Free Cash Flow i 122.4M 131.8M -513.9M -71.6M 62.1M
Net Change in Cash i 25.1M 46.7M 63.8M -95.4M 27.5M

Cash Flow Trend

Sandstorm Gold Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 103.08
Forward P/E 65.11
Price to Book 2.54
Price to Sales 18.73
PEG Ratio 1.55

Profitability Ratios

Profit Margin 17.78%
Operating Margin 50.60%
Return on Equity 2.55%
Return on Assets 3.03%

Financial Health

Current Ratio 2.40
Debt to Equity 21.68
Beta 0.79

Per Share Data

EPS (TTM) $0.12
Book Value per Share $4.87
Revenue per Share $0.66

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
sand 3.9B 103.08 2.54 2.55% 17.78% 21.68
Newmont 98.8B 15.75 2.98 20.29% 30.50% 23.56
Agnico Eagle Mines 83.6B 28.23 3.71 13.92% 30.63% 3.26
Equinox Gold 9.5B 11.01 1.65 -0.54% -1.21% 39.43
B2Gold 6.9B 262.00 2.16 -11.65% -19.96% 13.35
Eldorado Gold 5.9B 14.71 1.48 10.91% 26.07% 28.72

Financial data is updated regularly. All figures are in the company's reporting currency.