OR Royalties (OR) FCF Margin (2015 - 2026)

OR Royalties (OR) recorded quarterly FCF Margin of 69.88% in Q1 2026, down 24.32% quarter-over-quarter from 92.34% in Q4 2025, and down 1402.0% on a YoY basis from 5.37% in Q1 2025.

OR Royalties (OR) FCF Margin (2015 - 2026) Analysis & Trends

OR Royalties' FCF Margin history runs 12 years deep, the most recent figure standing at 69.88% for Q1 2026.

  • In Q1 2026, FCF Margin fell 1402.0% year-over-year to 69.88%; the TTM figure through Mar 2026 stood at 83.43% (up 707.0% YoY), while the FY2025 annual figure was 88.54%, up 488.0% from the prior year.
  • FCF Margin was 69.88% for Q1 2026 at OR Royalties, down from 92.34% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 92.34% in Q4 2025 to a low of 46.58% in Q1 2022.
  • Historically, FCF Margin has averaged 76.14% across 5 years, with a median of 78.33% in 2023.
  • The sharpest annual moves came in 2022 and 2024: FCF Margin jumped 5317 bps in 2022, then tumbled 1674 bps in 2024.
  • A 5-year view of FCF Margin shows it stood at 78.37% in 2022, then dropped by 1 bps to 77.66% in 2023, then fell by 22 bps to 60.91% in 2024, then surged by 52 bps to 92.34% in 2025, then declined by 24 bps to 69.88% in 2026.
  • The last three FCF Margin figures came in at 69.88% (Q1 2026), 92.34% (Q4 2025), and 90.2% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn - -
2 Barrick Mining 996.87 Bn 999.60 Bn 3.12 Bn 67.71%
3 Wheaton Precious Metals 410.57 Bn 409.42 Bn 699.37 Mn 84.95%
4 Alamos Gold 136.28 Bn 135.62 Bn 442.20 Mn -
5 Gold Fields 128.61 Bn 126.83 Bn - -
6 Kinross Gold 103.07 Bn 100.89 Bn 1.44 Bn 77.72%
7 Newmont 100.59 Bn 91.98 Bn 7.29 Bn 43.03%
8 Equinox Gold 47.64 Bn 47.14 Bn - -
9 AngloGold Ashanti 44.52 Bn 41.55 Bn 1.94 Bn -
10 OR Royalties 12,304.50 -94.93 Mn 88.84 Mn 69.88%

Historic Data

Download Data
DateValue
Mar 31, 2026 69.88%
Dec 31, 2025 92.34%
Sep 30, 2025 90.20%
Jun 30, 2025 85.11%
Mar 31, 2025 83.91%
Dec 31, 2024 60.91%
Sep 30, 2024 82.43%
Jun 30, 2024 80.72%
Mar 31, 2024 82.99%
Dec 31, 2023 77.66%
Sep 30, 2023 70.03%
Jun 30, 2023 78.33%
Mar 31, 2023 76.28%
Dec 31, 2022 78.37%
Sep 30, 2022 70.88%
Jun 30, 2022 67.83%
Mar 31, 2022 46.58%
Dec 31, 2021 25.20%
Sep 30, 2021 82.11%
Jun 30, 2021 53.36%