OR Royalties (OR) EV to CFO (2016 - 2026)
OR Royalties' (OR) EV to CFO stood at 19.28 in Q2 2026, down 33.3% from 28.88 a year earlier and down 25.5% from the prior quarter.
Powered by 
Analysis
OR Royalties (OR) EV to CFO (2016 - 2026) Analysis & Trends
On a TTM basis, OR Royalties' EV to CFO came in at 18.31 as of Jun 30, 2026, down 34.3% year-over-year; for FY2025, it was 26.39, up 26.9% from FY2024.
- Annual EV to CFO has increased for three straight years.
- Across earlier years, EV to CFO came in at 20.80 in FY2024 (+11.1%), 18.71 in FY2023 (+52.2%), 12.29 in FY2022 (-8.6%) and 13.45 in FY2021 (-45.1%).
- The Q2 2026 figure is the lowest quarterly EV to CFO since Q4 2023.
- On a year-over-year basis, EV to CFO rose in seven of the last eight quarters, with growth averaging 23.6%.
- Peak year-over-year performance for EV to CFO in the last five years was growth of 65.1% in Q3 2025, against a decline of 39.0% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 25.87 (Q1 2026), 26.39 (Q4 2025) and 38.34 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 41.00 Bn | 29.82 Bn | - |
| 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 |
| 6 | Affirm Holdings | 22.35 Bn | 15.40 Bn | - |
| 7 | Synchrony Financial | 22.29 Bn | -45.34 Bn | - |
| 8 | Annaly Capital Management | 14.69 Bn | 5.72 Bn | - |
| 9 | Ares Capital | 14.04 Bn | 11.79 Bn | - |
| 10 | OR Royalties | 6.81 Bn | 6.44 Bn | 82.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.28 |
| Mar 31, 2026 | 25.87 |
| Dec 31, 2025 | 26.39 |
| Sep 30, 2025 | 38.10 |
| Jun 30, 2025 | 28.68 |
| Mar 31, 2025 | 25.33 |
| Dec 31, 2024 | 22.94 |
| Sep 30, 2024 | 23.05 |
| Jun 30, 2024 | 19.58 |
| Mar 31, 2024 | 21.03 |
| Dec 31, 2023 | 18.70 |
| Sep 30, 2023 | 15.49 |
| Jun 30, 2023 | 20.87 |
| Mar 31, 2023 | 22.49 |
| Dec 31, 2022 | 19.41 |
| Sep 30, 2022 | 19.47 |
| Jun 30, 2022 | 21.46 |
| Mar 31, 2022 | 20.51 |
| Dec 31, 2021 | 21.73 |
| Sep 30, 2021 | 17.22 |
API Access
OR Royalties EV to CFO 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=ev-to-cfo&ticker=OR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=OR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();