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Cash

Latest balance sheet

Net assets

Equity attributable

Employees

Average over period

Profit before tax

£1.2B

USD 1,624,044,000

+22.5% vs 2024

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover
Operating profit £1,161,209,762£1,446,116,185 +24.5%
Profit before tax £1,318,591,106£992,391,077£1,215,783,800 +22.5%
Net profit £1,318,591,106£990,256,026£1,215,708,938 +22.8%
Cash £29,193,742£37,900,883
Total assets less current liabilities £11,098,398,712£11,803,789,489
Net assets £6,506,107,202£6,852,638,868
Equity £6,506,107,202£6,852,638,868
Average employees
Wages
Directors' remuneration £0£0

Figures converted to GBP from USD at 0.749 per USD (Frankfurter spot rate) — hover any figure for the original. indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show . About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-312025-12-31
Return on capital employed 9.8%
Gearing (liabilities / total assets) 41.6%46.1%
Current ratio 0.78x0.04x
Interest cover 6.88x6.28x

Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Ernst & Young Chartered Accountants
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“After reviewing the Company's performance projections, the directors are satisfied that the Company has adequate access to resources to enable it to meet its obligations and to continue in operational existence for the foreseeable future. As a result, they have adopted the going concern basis in preparing the financial statements.”

Group structure

  1. ROYALTY PHARMA HOLDINGS LTD · parent
    1. Royalty Pharma Investments 2019 ICAV 100% · Ireland · Investments in life sciences royalties, securities and similar rights/assets
    2. Royalty Pharma Development Funding, LLC 100% · USA - Delaware · Investments in life sciences securities, debt, synthetic royalties and similar rights/assets
    3. Royalty Pharma Finance Corporation 100% · USA - Delaware · Investments in life sciences royalties, securities and similar rights/assets
    4. Royalty Pharma Investments 2023 ICAV 100% · Ireland · Investments in life sciences royalties, securities and similar rights/assets
    5. RPI 2019 Intermediate Finance Trust 100% · USA - Delaware · Investments in life sciences royalties, securities and similar rights/assets
    6. ImmuNext, LLC 100% · USA - Delaware · Holds life sciences royalty and related assets
    7. Royalty Pharma Manager, LLC 100% · USA - Delaware · Management and oversight of life sciences investment activities
    8. Royalty Pharma Sub-Manager, LLC 100% · USA - Delaware · Management and oversight of life sciences investment activities
    9. Royalty Pharma, LLC 100% · USA - Delaware · Shared services agreement for affiliated investment entities
    10. Royalty Pharma Sub-Manager A, LLC 100% · USA - Delaware · Support services for management activities
    11. Royalty Pharma Investments ICAV 82.42% · Ireland · Investments in life sciences royalties, securities and similar rights/assets
    12. RPI Acquisitions (Ireland) Limited 82.42% · Ireland · Investments in life sciences royalties, securities and similar rights/assets
    13. Royalty Pharma Investments 2011 ICAV 82.42% · Ireland · Investments in life sciences royalties, securities and similar rights/assets
    14. RPI Finance Trust 82.42% · USA - Delaware · Investments in life sciences royalties, securities and similar rights/assets
    15. Royalty Pharma Collection Trust 85.94% · USA - Delaware · Investments in life sciences royalties, securities and similar rights/assets
    16. RP IP HoldCo (Ireland) Limited 85.94% · Ireland · Investments in life sciences royalties, securities and similar rights/assets

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

3 active · 2 resigned

Name Role Appointed Born Nationality
COYNE, Terrance Director 2020-06-10 Feb 1982 American
LEGORRETA, Pablo Director 2020-02-10 Oct 1963 American
MCGIVERN, Arthur Director 2026-01-01 Aug 1975 American
Show 2 resigned officers
Name Role Appointed Resigned
VISTRA COSEC LIMITED Corporate Secretary 2020-02-10 2020-06-05
LLOYD, George Wingate Director 2020-06-10 2025-12-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Royalty Pharma Plc Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2020-02-10 Active

Filing timeline

Last 20 of 110 total filings

Date Type Category Description
2026-07-01 SH08 capital Capital name of class of shares
2026-06-21 AA accounts Accounts with accounts type full
2026-06-19 SH01 capital Capital allotment shares PDF
2026-06-18 SH08 capital Capital name of class of shares
2026-06-03 SH01 capital Capital allotment shares PDF
2026-05-08 SH01 capital Capital allotment shares PDF
2026-05-08 SH01 capital Capital allotment shares PDF
2026-05-08 SH01 capital Capital allotment shares PDF
2026-05-08 SH08 capital Capital name of class of shares
2026-05-01 SH08 capital Capital name of class of shares
2026-03-03 SH08 capital Capital name of class of shares
2026-02-23 SH01 capital Capital allotment shares PDF
2026-02-21 CS01 confirmation-statement Confirmation statement with updates PDF
2026-01-20 SH01 capital Capital allotment shares PDF
2026-01-16 TM01 officers Termination director company with name termination date PDF
2026-01-16 AP01 officers Appoint person director company with name date PDF
2026-01-06 SH01 capital Capital allotment shares PDF
2026-01-06 SH01 capital Capital allotment shares PDF
2025-12-29 SH01 capital Capital allotment shares PDF
2025-12-29 SH01 capital Capital allotment shares PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
20

last 12 months

Capital events
16

last 24 months

Officers appointed
1

last 12 months

Officers resigned
1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page