OR Royalties Inc.

OR Royalties Inc.

OR.TO
OR Royalties Inc.CA flagToronto Stock Exchange
44.07
CAD
-1.10
- -
8.26BMarket Cap
OR Royalties Inc.
OR.TO
(Toronto Stock Exchange)

Recent

price

44.07

P/E

ratio

- -

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
0.32
0.37
0.45
1.33
2.3
1.99
1.03
1.05
0.89
0.99
1.03
1.48
1.73
Revenue per Share
-8.92
31.36
0.24
0.3
-0.26
-0.49
-1.19
0.08
-0.11
-0.49
-0.2
0.09
1.1
1.35
Basic EPS, GAAP
4.61
2.32
-0.03
-0.01
-0.2
-0.28
0.04
-0.14
-0.8
-0.57
-1.61
0.46
1.11
0.75
Free Cash Flow per Basic Share
- -
- -
0.08
0.11
0.12
0.13
0.14
0.14
0.15
0.15
0.16
0.16
0.19
0.2
Dividend per Share
31.9
4.82
7.78
8.24
11.41
7.87
7.12
7.74
7.02
7.34
6.86
6.8
7.55
7.83
Book Value per Share
33.94
4.9
3.09
4.32
11.08
7.78
7
8.36
7.81
6.65
6.28
5.97
7.19
7.42
Tangible Book Value per Share
48
46
88
105
128
157
151
162
168
180
185
186
188
188
Basic Weighted Avg Shares
- -
15
33
47
170
360
301
168
176
160
183
191
277
325
Sales/Revenue/Turnover
- -
14.79
36.77
41.56
8.71
8.91
13.43
31.83
51.18
57.29
39.48
67.63
72.92
75.01
Operating Margin (%)
- -
- -
1
9
22
39
37
37
39
39
43
34
37
40
Depreciation Expense
-427
1,441
21
31
-34
-78
-179
13
-18
-87
-37
16
206
254
Net Income, GAAP
- -
275.17
22.31
18.85
- -
- -
- -
40.21
25.28
24.61
- -
46.03
14.62
14.05
Effective Tax Rate (%)
- -
9,739.61
63.3
67.19
-19.93
-21.53
-59.65
7.9
-10.47
-54.52
-20.43
8.51
74.3
78.09
Profit Margin (%)
124
147
179
368
258
128
86
177
-152
64
48
49
115
78
Working Capital
230
- -
- -
34
369
259
267
283
91
114
150
98
4
3
LT Debt
1,626
227
675
903
1,506
1,301
1,143
1,444
1,396
1,283
1,248
1,189
1,432
1,473
Total Equity
- -
-0.36
2.07
1.95
- -
- -
- -
2
3.87
4.45
- -
5.19
12.61
15.09
Return on Invested Capital (%)
- -
140.82
4.68
4.25
- -
- -
- -
1.73
1.31
-1.81
- -
1.48
15.05
18.08
Return on Capital (%)
- -
164.79
4.58
4.05
-2.91
-5.76
-15.53
1.13
-1.52
-7
-2.89
1.28
15.35
18.42
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
4
4
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
188
187
187
Market Capitalization
10,451
9,110
9,941

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
110
148
104
Cash, Cash Equivalents & STI
57
142
95
Accounts Receivable, Net
3
2
6
Inventories
- -
- -
- -
Total Current Liabilities
25
33
25
Payables & Accruals
24
31
24
ST Debt
1
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.26%
0.32%
20.45%
Free Cash Flow
171.87%
130.13%
141.36%
Net Income, GAAP
109.69%
220.06%
1,166.91%
Sales/Revenue/Turnover
41.76%
11.97%
45.1%
Total Cash Common Dividend
18.46%
9.05%
13.74%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
45
47
42
56
191
2025
55
60
72
90
277
2026
103
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
-0.08
0.07
- -
0.09
2025
0.14
0.17
- -
- -
1.1
2026
0.39
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.04
0.04
- -
0.16
2025
0.04
0.04
- -
- -
0.19
2026
0.05
- -
- -
- -
- -
Business
OR Royalties Inc. operates as a prominent intermediate precious metal royalty and streaming enterprise, focused on acquiring and managing a diverse portfolio of high-quality royalties, streams, and related interests, primarily in precious metals like gold and silver. The company's expansive portfolio encompasses over 195 assets, anchored by its significant 3-5% net smelter return royalty on the world-class Canadian Malartic Complex. With a strategic emphasis on Tier-1 mining jurisdictions in North America, Australia, and the U.S., the company generates predictable revenue from its asset-light model, offering exposure to precious metals without direct mining operational risks. Founded on April 29, 2014, and headquartered in Montreal, Canada, OR Royalties has recently demonstrated strong financial performance, achieving record revenues and cash margins in 2025, while also becoming debt-free as of Q3 2025, supported by a robust liquidity position for future growth.

Company News

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  • THE Mining Investment Event Announces 2026 Issuers and Welcomes New and Returning Partners