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Friday 6 November 2026 Export OR’s income statement to Excel — free account

OR Royalties Inc.

OR Basic Materials Gold

OR Royalties Inc.’s revenue for fiscal 2025 (year ended December 2025) was $277.4 million, up 45.1% from fiscal 2024.

Revenue
+62.1%
EPS
+94.1%
Free cash flow
+61.9%

Quarter to June 2026, against a year earlier

35.38 0.88 +2.55%
Market cap
$6.6B
P/E
23.4×
Fwd P/E
21.9×
Dividend yield
0.68%
F-score
8/9
Altman Z
30.10
Beneish M
−2.12
Dividend safety
70/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 1.13%

Capital & Financial Ratios $m

Size
Market Cap 6,560.00
Revenue ttm 362.74
Net income ttm 283.06
Free cash flow ttm 303.17
Net debt Q 139.40
Valuation
P/E 23.43
Forward P/E 21.90
Price / sales 18.31 (above 10: high)
Forward P/S Powerpack
Price / FCF 46.65
Price / book 4.48
Financial health
Current ratio Q 2.28 (at or above 1.5: strong)
Debt / equity Q 0.14 (at or below 0.5: strong)
Interest coverage Q 23.43
Growth
Revenue growth Q +62.05% (above 0%: growing)
Operating income growth Q +81.81% (above 0%: growing)
EPS, this year +46.24% (at or above 15%: strong)
EPS, next year A +2.40%
Revenue, next year A +56.83% (at or above 10%: strong)
EPS, past 5 yrs +68.60% (at or above 15%: strong)
EPS, next 5 yrs A +20.26% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 19.3×, against a ten-year median of 16.2×; over the ten years it ranged from 3.7× in 2018 to 32.5× in 2026.
P/E against its own 10 years 5.66%
10-year low 10-year high
P/S against its own 10 years 67.62%
10-year low 10-year high
P/B against its own 10 years 90.40%
10-year low 10-year high
EV/Sales against its own 10 years 73.23%
10-year low 10-year high
EV/FCF against its own 10 years 59.89%
10-year low 10-year high

Dividends raised 2 years running

Yield
0.68%
Annual rate
0.24
Payout ratio
16.0%
Growth, 2017–25
+5.23%/yr
  1. 0.14 ’17
  2. 0.15 ’18 +8
  3. 0.15 ’19 +0
  4. 0.15 ’20 −2
  5. 0.21 ’21 +41
  6. 0.21 ’22 −1
  7. 0.18 ’23 −15
  8. 0.19 ’24 +5
  9. 0.21 ’25 +14
  10. 0.22 ’26e +5
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 57 59 142 76
Receivables 5 3 3 33
Inventory — — — —
Other 1 2 2 2
64 64 148 111
2023 2024 2025 Q'26
Payables 6 5 7 25
ST’ Debt — — — —
Other — — — —
15 15 33 49

Compound Annual Growth %

10y 5y 3y
Sales 22.79% 11.71% 18.30%
Cash Flow 26.81% 24.96% 42.67%
Earnings 24.78% 74.88% 0.00%
Book Value 6.91% 0.83% 2.33%

Earnings Trends EPS, adjusted, against the consensus

Jun 2026 Estimate 0.31 Actual 0.32

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Sep 2025 0.19 0.22 Beat by 0.03
Dec 2025 0.31 0.32 Beat by 0.01
Mar 2026 0.34 0.40 Beat by 0.06
Jun 2026 0.31 0.32 Beat by 0.01
Sep 2026 0.27 — Reports 11 November 2026

EPS $

Mar Jun Sep Dec Year
’26 0.39 0.33 — — —
’25 0.14 0.17 0.44 0.34 1.09
’24 0.06 (0.08) 0.07 0.04 0.09
’23 0.08 0.07 (0.08) (0.26) (0.19)
’22 0.00 0.07 (0.66) 0.09 (0.51)
’21 0.05 (0.07) 0.01 (0.10) (0.11)
’20 (0.07) 0.06 0.06 0.02 0.08
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 103 98 — — —
’25 55 60 72 90 277
’24 45 47 42 57 191
’23 44 45 46 48 183
’22 47 50 41 29 168
’21 53 47 40 40 179
’20 39 29 42 49 159
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 72 83 — — —
’25 46 51 65 84 246
’24 37 38 35 50 160
’23 34 35 33 37 138
’22 19 0 29 38 85
’21 17 26 32 11 85
’20 18 11 28 24 81
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 72 83 — — —
’25 46 51 65 84 246
’24 37 38 35 50 160
’23 34 35 33 37 138
’22 8 (17) 29 (65) (18)
’21 (12) (20) (14) (21) (66)
’20 7 3 15 2 27
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.8
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 47 164 378 296 159 179 168 183 191 277 363 +21.7% 435 525 569 +27.1%
Gross margin, % 100.00 27.91 13.57 21.07 48.83 61.75 69.04 70.45 79.42 83.82 84.85 (16.2) pt
EBT 39 (51) (109) (207) 20 (35) 87 (28) 30 241 331 +22.5%
EBT margin, % 82.29 (30.92) (28.69) (69.94) 12.71 (19.44) 51.94 (15.08) 15.77 87.03 91.12 +4.7 pt
Net income 32 (33) (81) (176) 12 (45) 66 (37) 16 206 283 +23.2%
Per share, $
Per share, $ Revenue 0.45 1.29 2.42 1.96 0.98 1.07 0.93 0.99 1.03 1.48 1.93 +14.1%
Earnings 0.30 (0.25) (0.52) (1.17) 0.08 (0.11) (0.51) (0.19) 0.09 1.10 1.51 +15.5%
Cash flow 0.39 0.29 0.40 0.46 0.50 0.51 0.47 0.75 0.86 1.31 1.62 +14.5%
Capex (0.06) (0.01) 0.02 (0.03) (0.33) (0.90) (0.57) 0.00 0.00 0.00 0.00 n/m
Free cash flow 0.32 0.29 0.42 0.43 0.17 (0.39) (0.10) 0.75 0.86 1.31 1.62 +16.7%
Book value 8.76 11.42 8.73 7.44 8.47 8.47 7.41 6.74 6.38 7.63 7.91 (1.5%)
Shares, m 105 128 157 151 162 168 180 185 186 188 188 +6.7%
Valuation, ×
Valuation, × P/E 33.17 0.00 0.00 0.00 181.14 0.00 0.00 0.00 201.11 32.17 23.43 44.8
P/S 22.00 8.98 3.63 4.96 12.90 11.44 13.19 14.22 17.64 23.96 18.31 13.3
P/B 1.14 1.01 1.01 1.31 1.50 1.45 1.65 2.09 2.84 4.64 4.48 1.9
EV/Sales 14.73 9.59 3.98 5.53 13.35 12.76 14.82 15.94 19.02 24.40 19.32 13.4
EV/FCF 20.52 43.09 22.70 25.40 79.32 (34.82) (32.56) (130.58) (4,103.81) 79.82 49.23 (403.1)
Cash, $m
Cash, $m Operating cash flow 40 38 63 69 81 85 85 138 160 246 303 +22.2%
Capex (6) (1) 3 (5) (54) (150) (102) — — — (161) +58.9%
Free cash flow 34 37 66 64 27 (66) (18) 138 160 246 303 +24.6%
Balance, $m
Balance, $m Working capital 374 250 135 85 168 (154) 67 48 49 115 62 (12.3%)
Net debt (344) 101 130 167 70 235 44 88 35 (142) 139 (9.4%)
Shareholders’ equity 917 1,461 1,367 1,125 1,374 1,420 1,336 1,248 1,189 1,432 1,484 +5.1%
Returns, %
Returns, % ROA 3.32 (2.18) (4.45) (11.06) 0.77 (1.02) (5.33) (2.48) 1.14 14.00 17.17 +10.7 pt
ROIC 2.40 (2.17) (3.66) (6.68) 1.35 (1.36) 4.28 3.02 4.00 9.53 10.78 +7.1 pt
ROE 3.85 (2.76) (5.76) (14.16) 1.01 (1.34) (6.63) (2.90) 1.34 15.73 20.41 +11.9 pt
People
People Employees 28 42 40 124 33 28 26 25 27 23 — (2.2%)
Revenue/emp, $m 1.69 3.92 9.46 2.39 4.83 6.41 6.44 7.33 7.08 12.06 — +24.4%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

OR Royalties Inc. vs peers in Gold (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
EQX Equinox Gold Corp. $13.2B 10.9× 9.3× +169.33% (above 0%: growing) +480.00% (above 0%: growing) −103.64% (below 0%: shrinking) 39.20% 32.14% Compare
HMY Harmony Gold Mining Company Limited $10.6B 52.0× 4.8× −3.10% (below 0%: shrinking) n/m +265.24% (above 0%: growing) 26.37% 0.00% Compare
BTG B2Gold Corp $7.0B 8.8× 6.0× +14.03% (above 0%: growing) +158.33% (above 0%: growing) +462.54% (above 0%: growing) 39.06% 66.07% Compare
OR OR Royalties Inc. $6.6B 23.4× 21.9× +62.05% (above 0%: growing) +94.12% (above 0%: growing) +61.89% (above 0%: growing) 84.05% 77.00%
OGC Oceanagold Corp. $6.1B 7.1× — +49.70% (above 0%: growing) +95.30% (above 0%: growing) +8.33% (above 0%: growing) 66.77% 48.52% Compare
AUGO Aura Minerals Inc. $6.0B 20.1× 9.4× +76.42% (above 0%: growing) +2,263.64% (above 0%: growing) +0.29% (above 0%: growing) 56.99% 52.18% Compare
SSRM Silver Standard Resources Inc. $5.6B 22.8× 10.1× +16.02% (above 0%: growing) +23.00% (above 0%: growing) −152.32% (below 0%: shrinking) 58.21% 27.29% Compare
ARIS Aris Mining Corporation $3.2B 11.1× — +62.31% (above 0%: growing) n/m −140.02% (below 0%: shrinking) 58.58% 48.02% Compare
AAUC Allied Gold Corporation $3.0B — (loss-making) 26.0× +45.37% (above 0%: growing) n/m −202.76% (below 0%: shrinking) 46.04% 41.88% Compare
Median of peers $6.0B 11.1× 9.4× +47.54% +158.33% −51.67% 51.52% 44.95%

All 46 Gold stocks →

OR Royalties Inc. (OR) Latest News

14 Oct

Impact 3 · · Zacks

9 Oct

Impact 3 · · Zacks

7 Oct

Impact 4 · · GlobeNewswire

2 Oct

Impact 4 · · Simply Wall St.

23 Sep

Impact 4 · · GlobeNewswire
Impact 4 · · TMX Newsfile

26 Aug

Impact 4 ·

12 Aug

Impact 3 · · The Motley Fool transcript

8 Aug

Impact 3 · · MarketBeat transcript

6 Aug

Impact 4 ·
Impact 3 ·
Impact 3 · · Moby

5 Aug

Impact 4 ·

29 Jul

Impact 3 ·

8 Jul

Impact 3 ·

20 May

Impact 4 · · PR Newswire
Impact 3 · · CNW Group

14 May

Impact 4 · · MarketBeat
Impact 3 · · Insider Monkey

7 May

Impact 4 · · Simply Wall St.

6 May

Impact 4 · · MT Newswires
Impact 4 · · GlobeNewswire
Impact 4 · · GlobeNewswire

30 Apr

Impact 4 · · MT Newswires
Impact 4 · · GlobeNewswire

21 Apr

Impact 4 ·

19 Apr

Impact 4 · · Simply Wall St.

17 Apr

Impact 4 · · Simply Wall St.

15 Apr

Impact 4 · · mining-technology.com

14 Apr

Impact 4 · · MT Newswires

OR metrics, ten years each

stockrow.com/OR · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com