OR Royalties (OR) Gross Margin (2016 - 2026)
OR Royalties (OR) posted quarterly Gross Margin of 86.39% for Q1 2026, up 344.0% year-over-year from 19.46% in Q1 2025, and up 0.66% quarter-over-quarter from 85.83% in Q4 2025.
OR Royalties (OR) Gross Margin (2016 - 2026) Analysis & Trends
OR Royalties' Gross Margin history runs 11 years deep, the most recent figure standing at 86.39% for Q1 2026.
- In Q1 2026, Gross Margin rose 344.0% year-over-year to 86.39%; the TTM figure through Mar 2026 stood at 84.78% (up 408.0% YoY), while the FY2025 annual figure was 83.82%, up 440.0% from the prior year.
- Gross Margin for Q1 2026 stood at 86.39%, up from 85.83% in the prior quarter.
- The five-year high for Gross Margin was 86.39% in Q1 2026, with the low at 65.4% in Q3 2022.
- The 5-year median for Gross Margin is 78.01% (2024), against an average of 76.26%.
- Peak annual rise in Gross Margin reached 1974 bps in 2022, while the deepest fall reached 215 bps in 2022.
- OR Royalties' Gross Margin stood at 69.67% in 2022, then increased by 6 bps to 73.84% in 2023, then grew by 8 bps to 79.46% in 2024, then increased by 8 bps to 85.83% in 2025, then climbed by 1 bps to 86.39% in 2026.
- Business Quant data shows OR's Gross Margin at 86.39% in Q1 2026, 85.83% in Q4 2025, and 82.51% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 140.45 Bn | 131.44 Bn | 4.03 Bn | 65.87% |
| 2 | Agnico Eagle Mines | 108.80 Bn | 105.34 Bn | 2.43 Bn | 63.79% |
| 3 | Barrick Mining | 79.45 Bn | 73.52 Bn | 2.90 Bn | 54.74% |
| 4 | Wheaton Precious Metals | 71.58 Bn | 71.48 Bn | 687.86 Mn | 74.03% |
| 5 | AngloGold Ashanti | 61.94 Bn | 59.11 Bn | 1.70 Bn | 54.86% |
| 6 | Gold Fields | 42.71 Bn | 40.93 Bn | - | - |
| 7 | Pan American Silver | 22.35 Bn | 20.78 Bn | 457,000.00 | 40.66% |
| 8 | Royal Gold | 21.96 Bn | 21.77 Bn | 390.45 Mn | 86.66% |
| 9 | Coeur Mining | 21.68 Bn | 20.62 Bn | 535.85 Mn | 49.36% |
| 10 | OR Royalties | 6.76 Bn | 6.69 Bn | 82.22 Mn | 84.05% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 86.39% |
| Dec 31, 2025 | 85.83% |
| Sep 30, 2025 | 82.51% |
| Jun 30, 2025 | 83.15% |
| Mar 31, 2025 | 82.95% |
| Dec 31, 2024 | 79.46% |
| Sep 30, 2024 | 79.64% |
| Jun 30, 2024 | 80.51% |
| Mar 31, 2024 | 78.01% |
| Dec 31, 2023 | 73.84% |
| Sep 30, 2023 | 65.79% |
| Jun 30, 2023 | 71.53% |
| Mar 31, 2023 | 70.57% |
| Dec 31, 2022 | 69.67% |
| Sep 30, 2022 | 65.40% |
| Jun 30, 2022 | 69.72% |
| Mar 31, 2022 | 71.44% |
| Dec 31, 2021 | 68.60% |
| Sep 30, 2021 | 67.54% |
| Jun 30, 2021 | 61.64% |