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The Old Man & the Gun movie poster

The Old Man & the Gun

PG-13Comedy, Crime, Drama
Budget$15.8M
Domestic Box Office$11.3M
Worldwide Box Office$11.3M

Synopsis

Based on the true story of Forrest Tucker (Robert Redford), from his audacious escape from San Quentin at the age of 70 to an unprecedented string of heists that confounded authorities and enchanted the public. Wrapped up in the pursuit are detective John Hunt (Casey Affleck), who becomes captivated with Forrest's commitment to his craft, and a woman (Sissy Spacek), who loves him in spite of his chosen profession.

Production Budget Analysis

What was the production budget for The Old Man & the Gun?

Directed by David Lowery, with Robert Redford, Casey Affleck, Sissy Spacek leading the cast, The Old Man & the Gun was produced by Condé Nast Entertainment with a confirmed budget of $15,800,000, placing it in the low-budget category for comedy films.

At $15,800,000, The Old Man & the Gun was produced on a modest budget. Lower-budget films benefit from reduced break-even thresholds, with profitability achievable at approximately $39,500,000.

Budget Comparison — Similar Productions

• Blitz (2011): Budget $15,774,948 | Gross $15,800,000 → ROI: 0% • Demon Slayer -Kimetsu no Yaiba- The Movie: Mugen Train (2020): Budget $15,700,000 | Gross $523,542,183 → ROI: 3235% • The Iron Claw (2023): Budget $15,900,000 | Gross $40,130,232 → ROI: 152% • Nobody (2021): Budget $16,000,000 | Gross $57,512,470 → ROI: 259% • Thelma & Louise (1991): Budget $16,000,000 | Gross $45,361,000 → ROI: 184%

Key Budget Allocation Categories

▸ Talent Salaries & Producing Deals Established comedic talent can command $15–20 million per film, with top-tier stars earning even more through producing credits and backend deals. Comedy ensembles multiply this cost across several well-known performers.

▸ Production & Location Filming While comedies generally avoid the VFX costs of action films, location shooting in recognizable cities or exotic locales adds meaningful production expense.

▸ Marketing & P&A (Prints & Advertising) Comedies rely heavily on marketing to build opening-weekend momentum. Studios typically spend 50–100% of the production budget on marketing, with comedy trailers and social media campaigns being particularly expensive.

Key Production Personnel

CAST: Robert Redford, Casey Affleck, Sissy Spacek, Danny Glover, Tom Waits Key roles: Robert Redford as Forrest Tucker; Casey Affleck as John Hunt; Sissy Spacek as Jewel; Danny Glover as Teddy

DIRECTOR: David Lowery CINEMATOGRAPHY: Joe Anderson MUSIC: Daniel Hart EDITING: Lisa Zeno Churgin PRODUCTION: Condé Nast Entertainment, Endgame Entertainment, Identity Films, Sailor Bear, Wildwood Enterprises, Tango Entertainment FILMED IN: United States of America

Box Office Performance

The Old Man & the Gun earned $11,277,120 domestically, for a worldwide total of $11,277,120. The film skewed heavily domestic (100%), suggesting strong North American appeal.

Break-Even Analysis

Using the industry-standard 2.5x multiplier (P&A + exhibitor shares of 40–50% + distribution fees), The Old Man & the Gun needed approximately $39,500,000 to break even. The film fell $28,222,880 short in theatrical revenue. Ancillary streams (home media, streaming, TV) may have bridged the gap.

Return on Investment (ROI)

Revenue: $11,277,120 Budget: $15,800,000 Net: $-4,522,880 ROI: -28.6%

Profitability Assessment

VERDICT: Unprofitable (Theatrical)

The Old Man & the Gun earned $11,277,120 against a $15,800,000 budget (-29% ROI), falling short of theatrical profitability. Ancillary revenue may have reduced the deficit.

INDUSTRY IMPACT

The underperformance may have increased risk aversion around low-budget comedy productions.

AWARDS & RECOGNITION

Summary: 2 wins & 12 nominations total

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