OR Royalties (OR) EV to FCF (2016 - 2026)
OR Royalties' EV to FCF came in at 19.28 for Q2 2026, down 33.3% from 28.88 a year earlier and down 25.5% from the prior quarter.
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Analysis
OR Royalties (OR) EV to FCF (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, OR Royalties reported EV to FCF of 18.31, down 34.3% year-over-year; for FY2025, it was 26.39, up 26.9% from FY2024.
- Going back by year, EV to FCF was 20.80 in FY2024 (+11.3%), 18.69 in FY2023 (-29.7%), 26.57 in FY2022 (+97.6%) and 13.45 in FY2021 (-45.1%).
- The Q2 2026 figure represents the lowest quarterly EV to FCF since Q4 2023.
- Year-over-year, EV to FCF increased in seven of the last eight quarters, with growth averaging 23.7%.
- The fastest year-over-year change in EV to FCF over five years came in Q3 2025 (growth of 65.3%), and the weakest in Q2 2023 (a decline of 42.1%).
- Business Quant data shows OR's EV to FCF at 25.87 (Q1 2026), 26.39 (Q4 2025) and 38.34 (Q3 2025) in the three quarters before Q2 2026.
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 FCF 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-fcf&ticker=OR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=OR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();