Diversified Royalty Corp.

Diversified Royalty Corp.

2.43
EUR
+0.06
(+2.53%)
0.11EPS
26.16P/E
501.41MMarket Cap
Nov 11Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
0.07
0.23
0.25
0.2
0.25
0.28
0.26
0.31
0.36
0.4
0.4
0.42
0.45
Basic EPS, GAAP
-0.09
0.17
0.07
0.09
0.11
0.09
0.13
-0.07
0.19
0.12
0.22
0.16
0.22
0.18
Free Cash Flow per Basic Share
-0.05
-2.03
-1.84
0.13
-0.37
0.06
-0.16
-0.19
0.09
-0.41
-0.33
0.29
-0.02
0.17
Dividend per Share
- -
0.05
0.2
0.21
0.2
0.2
0.18
0.2
0.18
0.2
0.21
0.21
0.23
0.24
Book Value per Share
1.75
2.01
2.14
1.98
1.9
1.79
1.72
1.57
1.56
1.65
1.65
1.73
1.69
1.72
Tangible Book Value per Share
1.75
0.42
-0.38
0.35
-0.22
-0.4
-0.85
-0.92
-1.05
-1.16
-1.91
-1.33
-1.58
-2.82
Basic Weighted Avg Shares
39
45
86
113
106
107
109
119
122
126
143
162
169
171
Sales/Revenue/Turnover
- -
3
20
28
21
27
30
30
37
45
56
65
71
76
Operating Margin (%)
- -
-17.15
85.01
90.23
83.9
85.75
86.49
87.16
88.8
89.27
89.8
89.85
91.49
85.49
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-4
7
6
11
12
10
14
-9
24
16
32
27
37
30
Effective Tax Rate (%)
- -
- -
32.85
39.79
27.35
29.7
28.86
- -
28.04
33.78
27.23
29
28.07
29.79
Profit Margin (%)
- -
228.58
30.48
37.93
55.26
37.89
46.1
-29.13
63.08
34.44
56.15
40.96
51.8
39.71
Working Capital
68
34
4
76
88
82
9
10
-47
9
-6
20
-5
-55
LT Debt
- -
15
55
41
109
117
140
156
114
200
288
260
277
593
Total Equity
68
138
242
208
202
193
189
190
192
234
237
289
289
313
Return on Invested Capital (%)
- -
- -
3.22
4.34
4.47
4.48
5.86
- -
7.06
5.44
7.56
6.51
7.98
4.97
Return on Capital (%)
- -
- -
3.1
4.39
4.7
4.65
5.94
- -
8.36
5.54
8.77
7.17
8.75
5.69
Return on Common Equity (%)
-5.17
7.23
3.15
4.75
5.63
5.13
7.36
-4.7
12.34
7.32
13.46
10.12
12.7
10.3

Capital Structure

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
9
7
71
LT Borrowings
276
315
426
LT Finance Leases
1
1
167
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
171
171
175
Market Capitalization
633
693
813

Working Capital

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
11
54
54
Cash, Cash Equivalents & STI
5
46
22
Accounts Receivable, Net
7
7
20
Inventories
- -
- -
- -
Total Current Liabilities
17
19
109
Payables & Accruals
3
5
31
ST Debt
9
7
71
Deferred Revenue
3
6
7

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.32%
9.24%
-0.07%
Free Cash Flow
-196.6%
-207.15%
-108.8%
Net Income, GAAP
-32.28%
-54.6%
37.75%
Sales/Revenue/Turnover
15.24%
18.49%
8.92%
Total Cash Common Dividend
9.25%
10.79%
11.12%

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
15
17
16
17
65
2025
16
18
18
19
71
2026
17
22
- -
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
0.05
0.04
0.02
0.16
2025
0.05
0.05
0.05
0.06
0.22
2026
0.04
0.02
- -
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
0.05
0.05
0.05
0.21
2025
0.05
0.05
0.06
0.06
0.23
2026
0.06
0.06
- -
- -
- -

Company Description

CEO
Sean Morrison
Full Time Employees
44
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
609 Granville Street Vancouver BC Canada V7Y 1A1
IPO Date
Sep 12, 1996
Business
Diversified Royalty Corp. is a multi-royalty corporation engaged in acquiring top-line royalties from well-managed multi-location businesses and franchisors primarily in North America. Founded in 2012 and headquartered in Vancouver, British Columbia, the company focuses on acquiring predictable, growing royalty streams across diverse sectors. Its main products and services include royalty acquisitions of trademarks and intellectual property rights from franchisors and multi-location businesses. Diversified Royalty Corp. owns royalty interests in a portfolio of established brands including Mr. Lube + Tires, AIR MILES®, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions, BarBurrito, and Cheba Hut. These brands span various industries such as automotive quick lube services, loyalty programs, real estate brokerage, casual dining, home care services, supplemental education, commercial cleaning, and food franchising. In recent years, Diversified Royalty Corp. has expanded its footprint in the United States. Notably, in late 2022, it completed the acquisition of the Stratus Building Solutions trademark portfolio and intellectual property rights for approximately US$59.4 million, marking its first US-based royalty stream. More recently, in June 2025, the company acquired the trademarks and royalty agreement for Cheba Hut Franchising, Inc., a US-based business, further solidifying its US market presence and adding a ninth royalty stream to its portfolio. These acquisitions reflect diversification and geographic expansion strategies. The company expects to drive cash flow growth and dividend increases through accretive royalty acquisitions and the organic growth of purchased royalties. It employs a unique royalty model allowing franchisors to retain full equity ownership while monetizing recurring royalty streams. Diversified Royalty operates subsidiaries including ML Royalties Limited Partnership and Strat-B Royalties Limited Partnership, managing portfolio acquisitions and financing. Its target markets encompass franchisors and multi-location businesses across Canada and the United States. The company leverages strategic alliances and financing facilities to fund acquisitions without dilutive equity raises. With a focus on stable dividend payments and growing cash flow per share, Diversified Royalty Corp. serves investors seeking exposure to diversified, royalty-based revenue streams in consumer service sectors and franchising industries. Its business model emphasizes long-term, predictable royalty income from mature and growing brands across North America.

Company News

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  • Diversified Royalty: The Dividend Is Safer Than It Looks

  • Diversified Royalty Corp. Announces Second Quarter 2026 Results

  • Diversified Royalty Corp. Announces Results of Annual General and Special Meeting

  • Diversified Royalty Corp. Completes Acquisition of Mr. Lube + Tires Franchisor Business

  • Diversified Royalty Corp. Announces June 2026 Cash Dividend

  • Diversified Royalty Corp. Announces First Quarter 2026 Results

  • Diversified Royalty Corp. Announces Agreement to Acquire Mr. Lube + Tires Franchisor Business

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  • Diversified Royalty Corp. Announces May 2026 Cash Dividend and Q1 2026 Earnings Release Date

  • Diversified Royalty Corp. Announces April 2026 Cash Dividend

  • Diversified Royalty Corp. Announces Incremental Royalty Purchase from Cheba Hut

  • Diversified Royalty: De-Risking Through Fixed Royalties

  • Diversified Royalty Corp. Announces Fourth Quarter and Year End 2025 Results

  • Head-To-Head Contrast: Reitar Logtech (NASDAQ:RITR) & Benev Capital (OTCMKTS:BEVFF)

  • Benev Capital (OTCMKTS:BEVFF) & Falcon’s Beyond Global (NASDAQ:FBYD) Critical Survey

  • Diversified Royalty Corp. Announces March 2026 Cash Dividend

  • Diversified Royalty Corp. Announces Closing of the Over-Allotment Option Exercised in Connection with its Recently Completed $60 Million Bought Deal Offering of 5.75% Convertible Unsecured Subordinated Debentures

  • Diversified Royalty Corp. Announces the Exercise of the Over-Allotment Option in Connection with its Recently Completed $60 Million Bought Deal Offering of 5.75% Convertible Unsecured Subordinated Debentures

  • Diversified Royalty Corp. Announces Closing of $60 Million Bought Deal Offering of 5.75% Convertible Unsecured Subordinated Debentures