Labrador Iron Ore Royalty Corporation

Labrador Iron Ore Royalty Corporation

20.87
CAD
-0.27
(-1.28%)
1.14EPS
24.45P/E
1.79BMarket Cap
Nov 04Next 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
2.18
1.83
1.58
1.79
2.48
2.04
2.77
3.16
4.36
3.63
3.13
3.24
2.59
2.43
Basic EPS, GAAP
2.33
1.63
0.85
1.22
2.46
2.01
3.21
3.55
5.93
4.15
2.91
2.73
1.57
1.14
Free Cash Flow per Basic Share
1.91
1.78
0.93
0.99
2.61
2.33
3.51
2.74
6.28
2.88
2.38
3.15
1.52
1.25
Dividend per Share
1.5
2.05
1.09
1
2.35
1.7
3.55
2.3
6.65
3.55
2.8
2.7
1.95
1.55
Book Value per Share
9.11
9.03
8.89
9.12
8.96
9.23
8.4
8.85
8.81
9.96
10.3
10.05
10.08
9.87
Tangible Book Value per Share
4.75
4.72
4.66
4.98
4.91
5.27
4.53
5.08
8.81
9.96
10.3
10.05
10.08
9.87
Basic Weighted Avg Shares
64
64
64
64
64
64
64
64
64
64
64
64
64
64
Sales/Revenue/Turnover
139
117
101
115
158
130
177
202
279
232
200
208
166
156
Operating Margin (%)
75.24
74.66
72.81
73.46
74.37
73.56
74.93
75.57
76.84
76.04
75.63
75.67
74.63
74.59
Depreciation Expense
4
4
5
5
6
5
6
6
6
6
6
6
6
6
Net Income, GAAP
149
104
55
78
157
128
205
227
380
265
186
175
101
73
Effective Tax Rate (%)
20.46
18.88
28.53
28.5
18.24
16.25
16.5
18.56
14.58
19.88
21.46
20.13
28.31
31.45
Profit Margin (%)
107.01
88.93
53.88
68.05
99.39
98.61
115.92
112.51
135.89
114.26
93.08
84.35
60.64
46.95
Working Capital
25
33
25
39
33
76
28
31
30
29
27
34
26
26
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
583
578
569
584
574
591
537
566
564
637
659
643
645
632
Return on Invested Capital (%)
14.73
12.18
9.24
10.5
16.6
13.69
19.42
22.19
31.77
23.2
18.34
19.23
13.76
12.61
Return on Capital (%)
26.45
17.94
9.53
13.56
27.18
22.07
36.4
41.17
67.19
44.19
28.73
26.88
15.62
11.58
Return on Common Equity (%)
26.39
17.94
9.53
13.56
27.18
22.07
36.4
41.17
67.19
44.19
28.73
26.88
15.62
11.58

Capital Structure

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
64
64
64
Market Capitalization
1,914
1,878
1,788

Working Capital

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
58
54
53
Cash, Cash Equivalents & STI
15
15
14
Accounts Receivable, Net
42
36
35
Inventories
- -
- -
- -
Total Current Liabilities
31
27
27
Payables & Accruals
31
27
27
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.41%
2.78%
0.35%
Free Cash Flow
22.56%
7.69%
-51.92%
Net Income, GAAP
15.5%
-8.27%
-42.54%
Sales/Revenue/Turnover
7.46%
-1.74%
-20.06%
Total Cash Common Dividend
26.19%
18.01%
-27.78%

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
56
53
42
57
208
2025
36
47
- -
39
166
2026
36
34
- -
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.93
0.78
0.53
0.5
2.73
2025
0.33
0.42
- -
0.35
1.57
2026
0.21
0.17
- -
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.45
0.45
1.11
0.7
2.7
2025
0.74
0.51
- -
0.4
1.95
2026
0.36
0.29
- -
- -
- -

Company Description

CEO
John F. Tuer
Full Time Employees
2,954
Sector
Non-energy minerals
Industry
Steel
Address
31 Adelaide Street East Toronto ON Canada M5C 2K3
IPO Date
Nov 28, 1995
Business
Labrador Iron Ore Royalty Corporation (TSX: LIF) is a Canadian publicly traded investment company that holds a 15.10% equity interest in Iron Ore Company of Canada (IOC), a leading North American producer and exporter of premium iron ore pellets and high-grade concentrate; receives a 7% gross overriding royalty on all iron ore products produced, sold, and shipped by IOC from certain mining leases covering approximately 18,200 hectares near Labrador City, Newfoundland and Labrador; and earns a 10-cent-per-tonne commission on IOC's iron ore shipments. IOC, in which Labrador Iron Ore Royalty holds its stake through subsidiary Hollinger-Hanna Limited, operates a mine, concentrator, and pellet plant at Labrador City, producing standard and low silica acid pellets, low silica flux pellets, direct reduction pellets, iron ore concentrates, and seaborne iron ore pellets for global markets via year-round port facilities at Sept-Îles, Québec. Founded in 2010 and headquartered at 31 Adelaide Street East in Toronto, Ontario, the company generates substantially all revenue from IOC royalties and equity distributions, pays cash dividends from free cash flow to the maximum extent possible while maintaining working capital, and has distributed 98% of standardized cash flow since inception. Recent developments include the release of third quarter 2025 results showing royalty revenue of $43.4 million, a 5% increase from the prior year, and an announcement of a change in the chief financial officer position.

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