OR Royalties Inc. (OR) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 40-F for FY2025, filed Mar 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the OR SEC filings page.
OR Royalties Inc. (OR) reported $277.4M in revenue for fiscal year 2025, up 45.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The business turned a 2025 revenue step-up into much faster earnings and cash generation while retaining an exceptionally lightly indebted balance sheet.
Revenue increased45.1% in FY2025, while net income reached$206.1M , showing profit expanded far faster than sales. Operating cash flow rose to$245.6M from$159.9M , staying above net income and making the earnings surge more cash-backed than FY2024's result.
Liabilities fell to
Against
Financial Health Signals
OR Royalties Inc. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
OR Royalties Inc. passes 7 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, OR Royalties Inc. generates $1.19 in operating cash flow ($245.6M OCF vs $206.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
OR Royalties Inc. held $142.1M in cash against $3.8M in long-term debt as of Q4 2025.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
OR Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
OR Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2540-F | Q4'2440-F | Q4'2310-K | Q4'2210-K |
|---|---|---|---|---|
| Total Assets | $1.6B+13.7% | $1.4B-7.3% | $1.5B+0.9% | $1.5B |
| Current Assets | $147.7M+131.4% | $63.8M+0.4% | $63.5M-17.9% | $77.4M |
| Cash & Equivalents | $142.1M+140.5% | $59.1M+15.4% | $51.2M-23.4% | $66.9M |
| Inventory | N/A | $0-100.0% | $10K | N/A |
| Accounts Receivable | $3.2M+3.9% | $3.1M-34.6% | $4.8M-45.0% | $8.6M |
| Goodwill | $81.1M+5.0% | $77.3M-8.1% | $84.1M+2.4% | $82.1M |
| Total Liabilities | $134.4M-28.7% | $188.7M-20.9% | $238.5M+24.7% | $191.3M |
| Current Liabilities | $32.6M+123.3% | $14.6M-5.5% | $15.5M+17.2% | $13.2M |
| Non-Current Liabilities | $101.8M-41.5% | $174.1M-22.0% | $223.1M+25.3% | $178.1M |
| Long-Term Debt | $3.8M-3.5% | $3.9M-24.4% | $5.2M+5.1% | $4.9M |
| Total Equity | $1.4B+20.4% | $1.2B-4.7% | $1.2B-2.7% | $1.3B |
| Retained Earnings | -$270.2M+33.9% | -$408.7M-5.2% | -$388.5M-21.6% | -$319.4M |
Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments.
OR Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
OR Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| OR Royalties Inc. OR | FY2025 | $277.4M | $206.1M | 74.3% | $6.5B | — |
| B2Gold Corp. BTG | FY2025 | N/A | $426.7M | N/A | $6.8B | — |
| Eldorado Gold Corporation EGO | FY2025 | $1.8B | $504.3M | 27.7% | $9.6B | 39/100 |
| Equinox Gold Corp. EQX | FY2025 | $1.8B | $221.5M | 12.2% | $13.0B | 35/100 |
| IAMGold Corporation IAG | FY2025 | $2.9B | $732.3M | 25.7% | $10.5B | 43/100 |
| New Gold Inc. NGD | FY2024 | $924.5M | $102.6M | 11.1% | $7.2B | 35/100 |
Where OR Royalties Inc. Ranks
Frequently Asked Questions
What is OR Royalties Inc.'s annual revenue?
OR Royalties Inc. (OR) reported $277.4M in total revenue for fiscal year 2025. This represents a 45.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is OR Royalties Inc.'s revenue growing?
OR Royalties Inc. (OR) revenue grew by 45.1% year-over-year, from $191.2M to $277.4M in fiscal year 2025.
Is OR Royalties Inc. profitable?
Yes, OR Royalties Inc. (OR) reported a net income of $206.1M in fiscal year 2025, with a net profit margin of 74.3%.
How much debt does OR Royalties Inc. have?
As of fiscal year 2025, OR Royalties Inc. (OR) had $142.1M in cash and equivalents against $3.8M in long-term debt.
What is OR Royalties Inc.'s net profit margin?
OR Royalties Inc. (OR) had a net profit margin of 74.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is OR Royalties Inc.'s return on equity (ROE)?
OR Royalties Inc. (OR) has a return on equity of 14.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is OR Royalties Inc.'s operating cash flow?
OR Royalties Inc. (OR) generated $245.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are OR Royalties Inc.'s total assets?
OR Royalties Inc. (OR) had $1.6B in total assets as of fiscal year 2025, including both current and long-term assets.
What is OR Royalties Inc.'s current ratio?
OR Royalties Inc. (OR) had a current ratio of 4.53 as of fiscal year 2025, which is generally considered healthy.
What is OR Royalties Inc.'s debt-to-equity ratio?
OR Royalties Inc. (OR) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is OR Royalties Inc.'s return on assets (ROA)?
OR Royalties Inc. (OR) had a return on assets of 13.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is OR Royalties Inc.'s P/E ratio?
OR Royalties Inc. (OR) trades at 31.7x earnings, its market capitalization divided by net income of $206.1M net income, FY2025. The market capitalization is $6.5B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is OR Royalties Inc.'s price-to-sales ratio?
OR Royalties Inc. (OR) trades at 23.5x sales, its market capitalization divided by revenue of $277.4M revenue, FY2025. The market capitalization is $6.5B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is OR Royalties Inc.'s Piotroski F-Score?
OR Royalties Inc. (OR) has a Piotroski F-Score of 7 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are OR Royalties Inc.'s earnings high quality?
OR Royalties Inc. (OR) has an earnings quality ratio of 1.19x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.