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OR

OR Royalties Inc.

ORBasic MaterialsNASDAQ

Gold

PriceMA150MA200
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Financials · Annual
Revenue
$277.4M
+45.1% YoY
Net Income
$206.1M
+1166.9% YoY
EBITDA
$282.9M
+294.6% YoY
Free Cash Flow
$82.3M

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About OR Royalties Inc.

Part of the basic materials sector, OR Royalties Inc. (OR) is listed under Gold. With a market capitalization of $6.73B, it sits in mid-cap territory. It also owns options on offtake; royalty/stream financings; and exclusive rights to participate in future royalty/stream financings on various projects.

Key stats
Market Cap$6.73B
P/E (TTM)26.77
Fwd P/E21.17
EPS$1.34
Beta1.33
52W Change+40.3%
Dividend Yield0.72%
ROE18.9%
Analysis

OR Royalties Inc. holds $94.9M in cash against $4.6M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Free cash flow comes in at $82.3M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 18.9% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Return on assets of 10.3% further supports the picture of efficient asset utilization. Revenue has grown from $160.5M (2022) to $277.4M (2025), reflecting a 73% increase over the period.

The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence OR Royalties Inc.'s trajectory.

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