OR Royalties (OR) FCF Margin (2015 - 2026)
OR Royalties' FCF Margin was 85.02% in Q2 2026, down 0.09 percentage points from 85.11% a year earlier but up 15.14 percentage points from the prior quarter.
OR Royalties (OR) FCF Margin (2015 - 2026) Analysis & Trends
On a trailing twelve-month basis, OR Royalties' FCF Margin was 83.58% through Jun 30, 2026, up 5.72 percentage points year-over-year; for FY2025, it was 88.54%, up 4.88 percentage points from FY2024.
- FCF Margin has now increased for three consecutive years, with a five-year change of +38.00 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 83.66% in FY2024 (+8.01 pp), 75.65% in FY2023 (+25.17 pp), 50.48% in FY2022 (-34.91 pp) and 85.39% in FY2021 (+34.84 pp).
- Quarterly FCF Margin has moved between -0.43% (Q2 2022) and 124.12% (Q3 2022) over five years.
- Compared with a year earlier, FCF Margin was higher in five of the last eight quarters, with an average year-over-year change of +3.23 percentage points.
- The best year-over-year quarter for FCF Margin over five years was Q2 2023 (a gain of 78.77 percentage points); the worst was Q2 2022 (a drop of 66.02 percentage points).
- Per Business Quant data, OR's FCF Margin in the three quarters before Q2 2026 was 69.88% (Q1 2026), 92.34% (Q4 2025) and 90.20% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 41.00 Bn | 29.82 Bn | - | 56.70% |
| 2 | Royalty Pharma | 39.88 Bn | 40.21 Bn | - | 99.42% |
| 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 | - | 10.46% |
| 5 | Royal Gold | 23.20 Bn | 22.41 Bn | 402.46 Mn | 73.88% |
| 6 | Affirm Holdings | 22.35 Bn | 15.40 Bn | - | 11.45% |
| 7 | Synchrony Financial | 22.29 Bn | -45.34 Bn | - | 50.83% |
| 8 | Annaly Capital Management | 14.69 Bn | 5.72 Bn | - | 332.74% |
| 9 | Ares Capital | 14.04 Bn | 11.79 Bn | - | 137.88% |
| 10 | OR Royalties | 6.81 Bn | 6.44 Bn | 82.22 Mn | 85.02% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 85.02% |
| 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 | 82.34% |
| Jun 30, 2024 | 80.68% |
| Mar 31, 2024 | 82.94% |
| 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% |
OR Royalties FCF 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=fcf-margin&ticker=OR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=OR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();