OR Royalties (OR) EBITDA Margin (2015 - 2026)
OR Royalties (OR) recorded EBITDA Margin of 90.13% in Q2 2026, up 8.40 percentage points from 81.73% a year earlier but down 5.96 percentage points from the prior quarter.
OR Royalties (OR) EBITDA Margin (2015 - 2026) Analysis & Trends
On a TTM basis, OR Royalties' EBITDA Margin came in at 89.56% as of Jun 30, 2026, up 5.85 percentage points year-over-year; for FY2025, it was 84.28%, up 25.74 percentage points from FY2024.
- Annual EBITDA Margin has a five-year change of +42.80 percentage points (FY2020 to FY2025).
- Across earlier years, EBITDA Margin came in at 58.54% in FY2024 (-0.23 pp), 58.76% in FY2023 (-21.76 pp), 80.52% in FY2022 (+8.67 pp) and 71.85% in FY2021 (+30.37 pp).
- Quarterly EBITDA Margin has ranged from -20.58% in Q2 2024 to 96.09% in Q1 2026 over the past five years.
- On a year-over-year basis, EBITDA Margin has increased for three consecutive quarters, with an average year-over-year change of +25.34 percentage points over the last eight quarters.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 102.31 percentage points in Q2 2025, against a drop of 88.86 percentage points in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 96.09% (Q1 2026), 89.20% (Q4 2025) and 79.83% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 41.00 Bn | 29.82 Bn | - | 44.58% |
| 2 | Royalty Pharma | 39.88 Bn | 40.21 Bn | - | - |
| 3 | Orix | 36.75 Bn | 7.39 Bn | 13.83 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 25.40 Bn | -16,108.71 Bn | - | - |
| 5 | Royal Gold | 23.20 Bn | 22.41 Bn | 402.46 Mn | 82.99% |
| 6 | Affirm Holdings | 22.35 Bn | 15.40 Bn | - | 22.34% |
| 7 | Synchrony Financial | 22.29 Bn | -45.34 Bn | - | 47.01% |
| 8 | Annaly Capital Management | 14.69 Bn | 5.72 Bn | - | 49.93% |
| 9 | Ares Capital | 14.04 Bn | 11.79 Bn | - | - |
| 10 | OR Royalties | 6.81 Bn | 6.44 Bn | 82.22 Mn | 90.13% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 90.13% |
| Mar 31, 2026 | 96.09% |
| Dec 31, 2025 | 89.20% |
| Sep 30, 2025 | 79.83% |
| Jun 30, 2025 | 81.73% |
| Mar 31, 2025 | 84.76% |
| Dec 31, 2024 | 85.66% |
| Sep 30, 2024 | 82.54% |
| Jun 30, 2024 | -20.53% |
| Mar 31, 2024 | 85.19% |
| Dec 31, 2023 | 42.57% |
| Sep 30, 2023 | 44.56% |
| Jun 30, 2023 | 68.49% |
| Mar 31, 2023 | 80.93% |
| Dec 31, 2022 | 82.19% |
| Sep 30, 2022 | 83.78% |
| Jun 30, 2022 | 84.69% |
| Mar 31, 2022 | 85.27% |
| Dec 31, 2021 | 84.15% |
| Sep 30, 2021 | 85.92% |
OR Royalties EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=OR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "OR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=OR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();