Freehold Royalties Ltd.

Freehold Royalties Ltd.

11.15
EUR
-0.08
(-0.71%)
0.53EPS
18.84P/E
1.63BMarket Cap
Nov 10Next 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
2.71
2.81
1.5
1.18
1.29
1.22
1.19
0.76
1.53
2.61
2.09
2.04
1.91
1.97
Basic EPS, GAAP
0.86
0.94
-0.05
-0.1
0.1
0.12
0.04
-0.12
0.53
1.39
0.88
0.99
0.56
0.86
Free Cash Flow per Basic Share
1.24
-1.6
1.22
0.84
1.01
1.2
0.89
0.53
1.19
2.17
1.44
1.48
1.44
1.3
Dividend per Share
1.26
1.22
0.85
0.51
0.57
0.62
0.63
0.33
0.45
0.94
1.08
1.08
1.08
1.08
Book Value per Share
4.34
5.62
7.51
7.5
7.04
6.54
5.96
5.55
5.92
6.37
6.13
6.71
6.09
6.19
Tangible Book Value per Share
4.34
5.62
7.51
7.5
7.04
6.54
5.96
5.55
5.92
6.37
6.13
6.71
6.09
6.19
Basic Weighted Avg Shares
67
71
91
110
118
118
118
119
137
151
151
151
164
164
Sales/Revenue/Turnover
182
200
136
130
152
145
141
90
209
393
315
309
313
322
Operating Margin (%)
44.29
46.88
2.79
-6.63
10.12
16.06
19
-4.68
47.15
65.56
60.2
57.65
53.1
55.13
Depreciation Expense
61
67
96
104
108
102
95
79
88
103
97
101
109
104
Net Income, GAAP
58
66
-4
-11
12
14
5
-14
72
209
132
149
92
140
Effective Tax Rate (%)
25.7
25.58
- -
- -
28.26
26.82
38.62
- -
23.97
22.24
23.51
21.9
25.75
22.21
Profit Margin (%)
31.86
33.25
-3.01
-8.59
8.04
9.71
3.69
-15.49
34.49
53.23
41.93
48.29
29.28
43.54
Working Capital
4
3
5
11
21
1
14
27
45
21
22
19
15
32
LT Debt
49
139
152
84
90
90
111
95
148
158
124
302
284
284
Total Equity
294
421
743
885
832
775
707
659
891
960
924
1,099
998
1,016
Return on Invested Capital (%)
17.05
15.43
- -
- -
1.49
1.9
0.93
- -
8.36
18.32
13.18
11.37
9.21
10.49
Return on Capital (%)
17.65
15.44
- -
- -
1.49
1.9
0.93
- -
8.33
19.83
12.9
13.18
7.85
11.68
Return on Common Equity (%)
18.97
18.59
-0.7
-1.37
1.42
1.75
0.7
-2.04
9.3
22.6
14
14.77
8.75
13.67

Capital Structure

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
283
301
283
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
164
164
164
Market Capitalization
2,500
2,844
2,644

Working Capital

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
50
62
72
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
46
58
68
Inventories
- -
- -
- -
Total Current Liabilities
36
36
40
Payables & Accruals
33
33
38
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.97%
9.78%
-9.19%
Free Cash Flow
19.79%
46.42%
5.39%
Net Income, GAAP
-94.17%
-97.9%
-38.59%
Sales/Revenue/Turnover
16.92%
40.02%
1.29%
Total Cash Common Dividend
16.67%
42.1%
8.81%

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
74
84
74
77
309
2025
91
78
74
70
313
2026
78
100
- -
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.23
0.26
0.17
0.33
0.99
2025
0.23
0.04
0.21
0.09
0.56
2026
0.21
0.35
- -
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.27
0.27
0.27
0.27
1.08
2025
0.27
0.27
0.27
0.27
1.08
2026
0.27
0.27
- -
- -
- -

Company Description

CEO
David Michael Spyker
Full Time Employees
- -
Sector
Miscellaneous
Industry
Investment trusts
Address
517 – 10 Avenue SW Calgary AB Canada T2R 0A8
IPO Date
Nov 25, 1996
Business
Freehold Royalties Ltd. acquires, manages and holds mineral title lands and royalty interests in crude oil, natural gas, natural gas liquids and potash properties across North America; its core assets encompass gross overriding royalties, freehold mineral title lands owned in perpetuity and other non-operated interests, with approximately 6.1 million gross acres in Western Canada including 1.1 million acres of owned mineral titles, and 1.2 million gross drilling acres in the United States primarily spanning the Permian (Midland and Delaware), Eagle Ford, Haynesville and Bakken basins in Texas, Louisiana, North Dakota and New Mexico. The company operates through two main segments, Canada and United States, generating revenue from royalty payments, lease rentals and bonus consideration tied to production by third-party operators such as ExxonMobil and Diamondback Energy, targeting long-term lower-risk returns through sustainable dividends funded by high-netback oil-weighted production. Freehold Royalties Ltd., founded in 1996 and headquartered in Calgary, Canada, maintains one of the largest non-government royalty portfolios in North America, with a diversified focus on oil plays like Mannville heavy oil, Clearwater and southeast Saskatchewan representing about 30% of Canadian output. In recent developments, the company completed a strategic $261.4 million acquisition of mineral title and royalty interests in the Midland Basin in December 2024, adding 1,250-1,350 boe/d of estimated 2025 production (61% light oil) across 244,000 gross acres under high-quality operators and funded via a $125.1 million bought deal equity financing alongside credit facilities; it also closed $116.2 million in Permian Basin deals in January 2024, boosting U.S. exposure, while increasing its senior credit facility to $450 million post-transaction and reporting second quarter 2025 production of 16,584 boe/d up 9% year-over-year driven by heavy oil growth and Permian integration.

Company News

  • Contrasting Freehold Royalties (OTCMKTS:FRHLF) & Par Pacific (NYSE:PARR)

  • Freehold Royalties (OTCMKTS:FRHLF) Shares Gap Down – Here’s What Happened

  • Freehold Royalties: A 6.4% Dividend Yield From Oil Royalties

  • Freehold Royalties Q2 Earnings Call Highlights

  • Freehold Royalties (OTCMKTS:FRHLF) Shares Gap Up – Time to Buy?

  • Freehold Royalties: High-Quality Royalty Model With Attractive Yield And Growth Optionality

  • The Market Is Dead Wrong: I'm Buying Dirt-Cheap Energy Stocks

  • Freehold Royalties Announces Appointment of Chief Financial Officer

  • Freehold Royalties Declares Dividend for June 2026

  • Here's How I Would Invest $10,000 Right Now

  • Freehold Royalties Ltd. (FRU:CA) Shareholder/Analyst Call Transcript

  • Freehold Royalties Q1 Earnings Call Highlights

  • Freehold Royalties Announces Results from Annual Meeting of Shareholders

  • Freehold Royalties Ltd. (FRU:CA) Q1 2026 Earnings Call Transcript

  • Freehold Royalties Announces First Quarter 2026 Results

  • Freehold Royalties Announces Departure of Chief Financial Officer

  • Freehold Royalties: An Easy Way To Gain Exposure To Oil Prices

  • Critical Review: Freehold Royalties (OTCMKTS:FRHLF) versus Genel Energy (OTCMKTS:GEGYF)

  • Freehold Royalties Ltd. (FRU:CA) Q4 2025 Earnings Call Transcript

  • Freehold Royalties Announces 2025 Results and 2026 Guidance