OR Royalties Inc.
OR · NYSE · royalty and streaming · market cap $7.0B as of 24 Aug 2026
What OR Royalties Inc.'s own filings say about the ounces it receives and sells, its revenue and cash margin, every figure cited. A royalty and streaming company mines nothing itself, so it states no cost per ounce and this page compares none.
OR Royalties Inc. share price
- Next report4 Novprior report
Company-reported data · Royalty model
How to read these figures
- Primary sources: every figure is the company's own, cited to the release or filing it came from.
- Royalty model: the ounces this company receives and sells, its revenue and its cash margin are shown as filed; it states no cost per ounce, so none is estimated or compared here.
About OR Royalties Inc.
OR Royalties Inc. (OR) acquires and manages royalties, streams and similar interests on precious metals and other commodities, and its cornerstone asset is a 3-5% net smelter return royalty on the Canadian Malartic Complex in Québec, Canada. The complex is operated by Agnico Eagle Mines Limited. At the filing date, the OR Royalties Shares were listed on the TSX and the NYSE under the symbol OR. The company changed its name to OR Royalties Inc. (Redevances OR Inc. in French) following shareholder approval on May 8, 2025. As at March 27, 2026, OR Royalties owned directly or indirectly a portfolio of 179 royalties, 15 streams and 3 offtakes, as well as 7 royalty options. A C$0.40 per tonne milling fee is payable to OR Royalties on ore processed from any property that was not part of the Canadian Malartic Complex at the time of the sale of the mine in 2014. As of December 31, 2025, OR Royalties had 23 employees and OR Royalties International had 4 employees.
OR Royalties's mines and operations
Mine-by-mine operating data will be added as company filings are reviewed.
Financials, as filed
Key financials
- Revenue
- $277.4M
- Net income
- $206.1M
- Operating cash flow
- $245.6M
- Debt
- $0
- EPS (diluted)
- $1.09
Rounded from the figures as filed; the exact figures, concepts and filings are below.
Figures as filed, with concept, provenance and filing
| Measure | Period | Value | Provenance | Filing |
|---|---|---|---|---|
| Revenue ifrs-full:Revenue | FY 2025 | $277,370,000 | SEC XBRL, as filed | 40-F · 30 Mar 2026 |
| Net income ifrs-full:ProfitLoss | FY 2025 | $206,088,000 | SEC XBRL, as filed | 40-F · 30 Mar 2026 |
| EPS (basic) ifrs-full:BasicEarningsLossPerShare | FY 2025 | $1.10 | SEC XBRL, as filed | 40-F · 30 Mar 2026 |
| EPS (diluted) ifrs-full:DilutedEarningsLossPerShare | FY 2025 | $1.09 | SEC XBRL, as filed | 40-F · 30 Mar 2026 |
| Operating cash flow ifrs-full:CashFlowsFromUsedInOperatingActivities | FY 2025 | $245,596,000 | SEC XBRL, as filed | 40-F · 30 Mar 2026 |
| Debt ifrs-full:Borrowings | FY 2025 | $0 | SEC XBRL, as filed | 40-F · 30 Mar 2026 |
| Shares outstanding dei:EntityCommonStockSharesOutstanding | FY 2025 | 187,152,235 | SEC XBRL, as filed | 40-F · 30 Mar 2026 |
| Dividends paid ifrs-full:DividendsPaidClassifiedAsFinancingActivities | FY 2025 | $34,861,000 | SEC XBRL, as filed | 40-F · 30 Mar 2026 |
Annual figures only: this company files no quarterly XBRL with the SEC.
Seven-year statement history
Each fiscal year as the company first filed it with the SEC, in the currency it filed, never converted.
| Statement line | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | not available | $191,157,000 | $183,228,000 | not available | not available | not available | not available |
| Operating income | not available | not available | not available | not available | not available | not available | not available |
| Net income | not available | $16,267,000 | -$37,426,000 | not available | not available | not available | not available |
| Operating cash flow | not available | $159,925,000 | $138,437,000 | not available | not available | not available | not available |
| Capital expenditure | not available | not available | not available | not available | not available | not available | not available |
| Cash and equivalents | not available | not available | not available | not available | not available | not available | not available |
| Debt | not available | $93,900,000 | $145,080,000 | not available | not available | not available | not available |
| Dividend per share | not available | not available | not available | not available | not available | not available | not available |
| Source | not available | 40-F · 28 Mar 2025 | 40-F · 28 Mar 2025 | not available | not available | not available | not available |
- A dash means the SEC filings carry no figure for that year. It is never zero.
Filings
| Date | Source |
|---|---|
| 5 Aug 2026 | 6-K(5 Aug 2026) |
| 8 Jul 2026 | 6-K(8 Jul 2026) |
| 2 Jul 2026 | 6-K(2 Jul 2026) |
| 7 May 2026 | 6-K(7 May 2026) |
| 6 May 2026 | 6-K(6 May 2026) |
| 30 Apr 2026 | 6-K(30 Apr 2026) |
How to read this page
Costs are the company's own consolidated all-in sustaining cost (gold, silver) or C1 cash cost (copper), as stated, on the basis the company states; the reference price is the quarter's average from World Bank Commodity Price Data (CC BY 4.0); the margin is that price less the stated cost, a production-cost spread and not company net profit; financials are as filed in the filing currency, never converted; report dates are confirmed from the company's notice or estimated from its own past pattern and say which. The full methodology is on the Miner Margins page.