OR Royalties (OR) EV to EBITDA (2016 - 2026)
OR Royalties' (OR) EV to EBITDA was 17.99 for Q2 2026, down 33.0% from 26.86 a year earlier and down 26.7% from the prior quarter.
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Analysis
OR Royalties (OR) EV to EBITDA (2016 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, OR Royalties' EV to EBITDA came in at 17.08, down 34.1% year-over-year; for FY2025, it came in at 27.73, down 6.7% from FY2024.
- By year, EV to EBITDA came in at 29.72 in FY2024 (+23.5%), 24.06 in FY2023 (+44.4%), 16.66 in FY2022 (+4.2%) and 15.98 in FY2021 (-46.5%).
- The Q2 2026 figure ranks as the lowest quarterly EV to EBITDA since Q3 2023.
- Year over year, EV to EBITDA has now declined in each of the last five quarters, with growth averaging 9.1% over the last eight quarters.
- The high point for year-over-year EV to EBITDA in five years was Q3 2024 (growth of 135.8%); the low point was Q2 2022 (a decline of 44.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 24.55 (Q1 2026), 27.73 (Q4 2025) and 37.38 (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 | 17.99 |
| Mar 31, 2026 | 24.55 |
| Dec 31, 2025 | 27.73 |
| Sep 30, 2025 | 37.14 |
| Jun 30, 2025 | 26.67 |
| Mar 31, 2025 | 32.36 |
| Dec 31, 2024 | 29.67 |
| Sep 30, 2024 | 40.59 |
| Jun 30, 2024 | 40.82 |
| Mar 31, 2024 | 27.14 |
| Dec 31, 2023 | 24.08 |
| Sep 30, 2023 | 17.03 |
| Jun 30, 2023 | 20.17 |
| Mar 31, 2023 | 19.97 |
| Dec 31, 2022 | 15.35 |
| Sep 30, 2022 | 12.16 |
| Jun 30, 2022 | 13.98 |
| Mar 31, 2022 | 19.81 |
| Dec 31, 2021 | 21.98 |
| Sep 30, 2021 | 21.79 |
API Access
OR Royalties EV to EBITDA 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-ebitda&ticker=OR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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-ebitda&ticker=OR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();