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

OR Royalties (OR) recorded quarterly Net Margin of 98.94% in Q1 2026, up 2.36% quarter-over-quarter from 96.66% in Q4 2025, and up 5225.0% on a YoY basis from 1.86% in Q1 2025.

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

OR Royalties' Net Margin history runs 12 years deep, the most recent figure standing at 98.94% for Q1 2026.

  • In Q1 2026, Net Margin rose 5225.0% year-over-year to 98.94%; the TTM figure through Mar 2026 stood at 103.62% (up 8037.0% YoY), while the FY2025 annual figure was 99.75%, up 9124.0% from the prior year.
  • Net Margin was 98.94% for Q1 2026 at OR Royalties, up from 96.66% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 141.47% in Q3 2025 to a low of 455.93% in Q3 2022.
  • Historically, Net Margin has averaged 0.48% across 5 years, with a median of 43.15% in 2023.
  • The sharpest annual moves came in 2022 and 2023: Net Margin plunged 39248 bps in 2022, then surged 41512 bps in 2023.
  • A 5-year view of Net Margin shows it stood at 455.93% in 2022, then jumped by 79 bps to 95.87% in 2023, then jumped by 146 bps to 43.82% in 2024, then surged by 121 bps to 96.66% in 2025, then increased by 2 bps to 98.94% in 2026.
  • The last three Net Margin figures came in at 98.94% (Q1 2026), 96.66% (Q4 2025), and 141.47% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net 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 30.70%
3 Wheaton Precious Metals 410.57 Bn 409.42 Bn 699.37 Mn 76.67%
4 Alamos Gold 136.28 Bn 135.62 Bn 442.20 Mn 52.82%
5 Gold Fields 128.61 Bn 126.83 Bn - -
6 Kinross Gold 103.07 Bn 100.89 Bn 1.44 Bn 35.01%
7 Newmont 100.59 Bn 91.98 Bn 7.29 Bn 41.15%
8 Equinox Gold 47.64 Bn 47.14 Bn - -
9 AngloGold Ashanti 44.52 Bn 41.55 Bn 1.94 Bn 39.59%
10 OR Royalties 12,304.50 -94.93 Mn 88.84 Mn 98.94%

Historic Data

Download Data
DateValue
Mar 31, 2026 98.94%
Dec 31, 2025 96.66%
Sep 30, 2025 141.47%
Jun 30, 2025 77.10%
Mar 31, 2025 46.69%
Dec 31, 2024 43.82%
Sep 30, 2024 59.51%
Jun 30, 2024 -60.66%
Mar 31, 2024 50.87%
Dec 31, 2023 -95.87%
Sep 30, 2023 -40.80%
Jun 30, 2023 42.49%
Mar 31, 2023 34.99%
Sep 30, 2022 -455.93%
Jun 30, 2022 -2.88%
Mar 31, 2022 -44.06%
Dec 31, 2021 -111.41%
Sep 30, 2021 -63.45%
Jun 30, 2021 -29.48%
Mar 31, 2021 14.59%