OR financial statements
The full income statement, balance sheet, and cash-flow statement for OR Royalties Inc. (OR), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 277M+45.1% | 191M+4.3% | 183M+9.5% | 167M-6.7% | 179M+12.6% | |
| 232M+53.1% | 152M+17.6% | 129M+11.7% | 116M+4.3% | 111M+42.4% | ||
| Cost of revenue | 9.12M+35.3% | 6.74M-45.4% | 12.3M-0.1% | 12.4M-58.9% | 30.0M-36.8% | |
| Operating income | 197M+151.2% | 78.3M+21.5% | 64.5M-31.8% | 94.5M+5.6% | 89.5M+187.6% | |
| Interest expense | 4.47M-43.8% | 7.97M-43.2% | 14.0M-18.3% | 17.2M-9.7% | 19.0M-2.4% | |
| Pre-tax income | 241M+700.8% | 30.1M+209.1% | -27.6M-131.8% | 86.9M+6.2% | 81.8M+304.1% | |
| Income tax | 35.3M+154.4% | 13.9M+41.7% | 9.79M-54.2% | 21.4M+3.4% | 20.7M+154.1% | |
| 206M+1166.9% | 16.3M+143.5% | -37.4M+73.4% | -141M-211.3% | -45.2M-473.5% | ||
| Net income to common | — | — | -35.8M+60.7% | -91.2M-385.6% | -18.8M-249.3% | |
| $1.09+1111.1% | $0.09+145.0% | -$0.20+60.6% | -$0.51-354.0% | -$0.11-249.7% | ||
| EPS (basic) | $1.10+1122.2% | $0.09+145.0% | -$0.20+60.6% | -$0.51-354.0% | -$0.11 | |
| Weighted-avg shares (basic) | 188M+0.8% | 186M+0.7% | 185M+2.6% | 180M+7.6% | 168M+3.3% | |
| Weighted-avg shares (diluted) | 189M+0.8% | 188M+1.4% | 185M+2.4% | 181M+7.8% | 168M+3.2% | |
| Dividends per share | $0.19+13.5% | $0.16+2.6% | $0.16+1.0% | $0.16+1.8% | $0.16+20.6% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 148M+131.4% | 63.8M+0.4% | 63.5M-17.9% | 77.4M-36.1% | 121M-54.0% | ||
| Accounts receivable | 3.23M+3.9% | 3.11M-34.6% | 4.75M-45.0% | 8.64M-25.7% | 11.6M+14.8% | |
| Inventory | — | 0.00-100.0% | 10.0K-99.9% | 9.60M-34.7% | 14.7M+86.9% | |
| 1.57B+13.7% | 1.38B-7.3% | 1.49B+0.9% | 1.47B-21.5% | 1.88B-0.4% | ||
| Goodwill | 81.1M+5.0% | 77.3M-8.1% | 84.1M+2.4% | 82.1M-6.7% | 88.0M+0.8% | |
| 32.6M+123.3% | 14.6M-5.5% | 15.5M+17.2% | 13.2M-95.2% | 274M+218.5% | ||
| Short-term & current debt | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 233M+495.8% | |
| 134M-28.7% | 189M-20.9% | 239M+24.7% | 191M-59.1% | 467M+7.0% | ||
| Long-term debt | 0.00-100.0% | 93.9M-35.3% | 145M+32.8% | 109M+19.4% | 91.5M-66.8% | |
| 1.43B+20.4% | 1.19B-4.7% | 1.25B-2.8% | 1.28B-0.8% | 1.29B-4.7% | ||
| Total equity incl. non-controlling | 1.43B+20.4% | 1.19B-4.7% | 1.25B-2.7% | 1.28B-9.0% | 1.41B-2.6% | |
| Common shares outstanding | 187M+0.3% | 187M+0.7% | 185M+0.7% | 184M+10.5% | 166M-0.1% | |
| Shares outstanding (cover) | 187M+0.3% | 187M+0.7% | 185M+0.7% | 184M+10.5% | 166M-0.4% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 246M+53.6% | 160M+15.5% | 138M+63.9% | 84.5M-0.2% | 84.6M+5.1% | ||
| Depreciation & amortization | — | — | — | — | 42.3M+20.8% | |
| Intangible amortization | 1.22M+26.4% | 965K+6.5% | 906K+11.2% | 814K-3.8% | 846K | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt issued | 10.4M-70.2% | 35.0M-81.6% | 190M+67.3% | 114M+184.8% | 39.9M-25.4% | |
| Long-term debt repaid | 105M+24.4% | 84.7M-45.6% | 156M-50.9% | 317M+695.7% | 39.9M+178.4% | |
| Common stock issued | 0.00 | 0.00 | 0.00-100.0% | 240M | 0.00-100.0% | |
| Common stock repurchased | 36.7M+8468.5% | 428K | 0.00-100.0% | 17.0M-30.8% | 24.6M+737.2% | |
| Dividends paid | 34.9M+13.7% | 30.6M+3.4% | 29.7M+1.8% | 29.1M+12.5% | 25.9M+20.1% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 6.62B+96.0% | 3.38B+28.6% | 2.63B+30.8% | 2.01B-1.5% | 2.04B-3.8% | |
| P/E | 32.1×-84.5% | 207.7× | — | — | — | |
| P/S | 23.9×+35.1% | 17.7×+12.6% | 15.7×+40.2% | 11.2×-1.5% | 11.4×-14.5% | |
| P/B | 4.6×+62.7% | 2.8×+38.8% | 2.0×+31.8% | 1.6×-1.5% | 1.6×+1.0% | |
| P/FCF | 104.6×+96.0% | 53.4×+28.6% | 41.5×+30.8% | 31.7×-1.5% | 32.2×-3.8% | |
| Earnings yield | 3.1%+546.3% | 0.48% | — | — | — | |
| FCF yield | 0.96%-49.0% | 1.9%-22.2% | 2.4%-23.5% | 3.2%+1.5% | 3.1%+3.9% | |
| Dividend yield | 0.53%-42.0% | 0.91%-19.0% | 1.1%-14.6% | 1.3%+3.3% | 1.3%+24.8% | |
| Source filing | 40-F | 40-F | 40-F | 40-F | 40-F |
About this data
Source: OR’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all OR filings on SEC EDGAR → Not investment advice.