profit from every $100 of sales.
$0$100
OR Royalties
$34.83-2.16% today
+4.4% in 1 year
1-year low $28.051-year high $47.73
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $31.66 for every $1 of profit it makes in a year.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What OR Royalties sold, what it kept, and what it did with the cash.
Sales went from $160 million in 2022 to $277 million in 2025, with $206 million of profit last year.
SalesProfit
OR Royalties handed back 34% of the cash it generated last year.
Buybacks $37M$35M
Free cash flow 2025$209M
Bought back its own shares$37M
Paid as dividends$35M
Cash vs. debt$142M vs. $5M
OR Royalties vs. similar companies
OR Royalties grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| OR Royalties | 31.7× · Expensive | ||
 Newmont | 16.5× · Fair price | ||
 Zijin Mining Group | 13.8× · Cheap | ||
 Agnico Eagle Mines | 20.2× · Fair price | ||
 Barrick Mining | 12.3× · Cheap |
AI analysis
An AI analyst reads OR Royalties's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 160 | 183 | 191 | 277 | |
| 111 | 129 | 152 | 232 | |
| 92 | 72 | 129 | 202 | |
| 138 | 29 | 72 | 283 | |
| -87 | -37 | 16 | 206 | |
| -0.49 | -0.20 | 0.09 | 1.09 | |
| 69.0% | 70.5% | 79.4% | 83.8% | |
| 57.3% | 39.5% | 67.6% | 72.9% | |
| -54.5% | -20.4% | 8.5% | 74.3% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1,474 | 1,486 | 1,378 | 1,566 |
| Cash | 67 | 51 | 59 | 142 |
| Total debt | 115 | 151 | 99 | 5 |
| Total liabilities | 191 | 239 | 189 | 134 |
| 1,283 | 1,248 | 1,189 | 1,432 | |
| 181 | 185 | 188 | 189 | |
| 5.6% | -0.8% | 2.3% | 13.5% | |
| -6.8% | -3.0% | 1.4% | 14.4% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 81 | 138 | 160 | 246 | |
| 92 | 218 | 73 | 37 | |
| -11 | -79 | 86 | 209 | |
| Dividends paid | 28 | 30 | 31 | 35 |
| 16 | 0 | 0 | 37 | |
| 5 | 8 | 6 | 8 |
Valuation
- 31.7×
- 17.0×
- –
- 5.1×
- 23.5×
- 31.3×
- 22.6×
- 3.2%
- 3.2%
- 0.6%
Profitability
- 83.8%
- 72.9%
- 74.3%
- 99.8%
- 12.9%
- 1.5%
- 16.6%
- 15.8%
- 15.1%
- 1.5%
Growth
- +20.0%
- –
- +145.4%
- +7.2%
- +2.9%
Financial health
- -0.3×
- 0.00
- 0.3%
- 68.0×
- 4.11
- 4.11
- 0.20
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 22%of 989
Top 1%of 954
Bottom 32%of 773
Top 17%of 933
Top 41%of 988
What analysts expect
- Average price target
- $44.50
- Range
- $38.00 – $51.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 6, 2026 | 0.40 | 0.34 | +17.6% |
| Feb 18, 2026 | 0.32 | 0.31 | +3.2% |
| Nov 5, 2025 | 0.22 | 0.19 | +15.8% |
| Aug 5, 2025 | 0.13 | 0.17 | −23.5% |
| May 7, 2025 | 0.16 | 0.13 | +23.1% |
| Feb 19, 2025 | 0.16 | 0.14 | +14.3% |
| Nov 6, 2024 | 0.11 | 0.11 | +0.0% |
| Aug 6, 2024 | 0.13 | 0.12 | +8.3% |
0.6%of the share price, paid each year
On $1,000 invested$6a year at today's yield, before tax
+7.2%2020 to 2025
Raised3 yearsin a row, in our data
Paid per share, each year
$0.10 in 2015 → $0.21 in 2025
How safe it looks
16.9% of its profit
Room to growStretchedMore than it earns: 16.7%
News
Arteris forecasts FY2026 revenue of $98.5M-$99.5M as ACV + royalties targets $103M-$107MSeeking Alpha · Nov 6, 2026Strong Royalties and New Launches Accelerate Halozyme Therapeutics’ (HALO) Growth MomentumYahoo Finance · Oct 27, 2026Royalties Inc. Investee Company Music Royalties Inc. Pays Milestone 80th Monthly DividendYahoo Finance · Sep 16, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
5/7Passes 5 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
62Pass
Benjamin Graham
44No pass
Philip Fisher
74Pass
Peter Lynch
97Pass
Joel Greenblatt
24No pass
Charlie Munger
64Pass
Terry Smith
67Pass
Questions about OR Royalties
Is OR Royalties a good stock to buy?
A strong, very profitable business, but the price is high. 5 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the OR Royalties AI analysis
What does OR Royalties do?
OR Royalties, Inc. engages in the acquisition, mining, and exploration of precious metals, streams, and other royalties. It holds interests in the Canadian Malartic mine. The company was founded on April 29, 2014 and is headquartered in Montreal, Canada. It is in Gold, based in Montreal, QC, Canada.
Does OR Royalties pay a dividend?
Yes. At today's price the dividend is 0.6% a year, about 17% of its yearly profit. In 2025 it paid out $34.9 million in dividends.
Is OR Royalties stock halal?
Yes. OR Royalties passes our halal screen: its business is permitted and its debt is under 0.1% of its market value, under the 30% limit. How we check
How has OR Royalties stock done over the past year?
Up 4.4% over the past twelve months, to $34.83. It traded between $28.05 and $47.73 and is 27.0% below its high.
Who are OR Royalties's competitors?
The largest listed companies in the same industry are Newmont, Zijin Mining Group, Agnico Eagle Mines and Barrick Mining. The peers table on this page compares their profit, growth and price with OR Royalties's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.