OR Royalties (OR) Net Margin (2015 - 2026)
OR Royalties' Net Margin was 62.76% in Q2 2026, up 9.16 percentage points from 53.60% a year earlier but down 8.80 percentage points from the prior quarter.
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Analysis
OR Royalties (OR) Net Margin (2015 - 2026) Analysis & Trends
On a trailing twelve-month basis, OR Royalties' Net Margin was 78.03% through Jun 30, 2026, up 41.35 percentage points year-over-year; for FY2025, it was 74.30%, up 65.79 percentage points from FY2024.
- Net Margin has now increased for three consecutive years, with a five-year change of +66.70 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 8.51% in FY2024 (+28.06 pp), -19.55% in FY2023 (+64.55 pp), -84.11% in FY2022 (-115.69 pp) and 31.58% in FY2021 (+23.99 pp).
- Quarterly Net Margin has moved between -403.72% (Q3 2022) and 115.66% (Q3 2025) over five years.
- Compared with a year earlier, Net Margin has increased for eight straight quarters, with an average year-over-year change of +58.15 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was Q3 2023 (a gain of 371.50 percentage points); the worst was Q3 2022 (a drop of 391.43 percentage points).
- Per Business Quant data, OR's Net Margin in the three quarters before Q2 2026 was 71.56% (Q1 2026), 72.12% (Q4 2025) and 115.66% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 41.00 Bn | 29.82 Bn | - | 21.59% |
| 2 | Royalty Pharma | 39.88 Bn | 40.21 Bn | - | 20.96% |
| 3 | Orix | 36.75 Bn | 7.39 Bn | 13.83 Bn | 25.03% |
| 4 | Federal National Mortgage Association Fannie Mae | 25.40 Bn | -16,108.71 Bn | - | 12.38% |
| 5 | Royal Gold | 23.20 Bn | 22.41 Bn | 402.46 Mn | 48.93% |
| 6 | Affirm Holdings | 22.35 Bn | 15.40 Bn | - | 13.01% |
| 7 | Synchrony Financial | 22.29 Bn | -45.34 Bn | - | 17.58% |
| 8 | Annaly Capital Management | 14.69 Bn | 5.72 Bn | - | -121.54% |
| 9 | Ares Capital | 14.04 Bn | 11.79 Bn | - | 41.81% |
| 10 | OR Royalties | 6.81 Bn | 6.44 Bn | 82.22 Mn | 62.76% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 62.76% |
| Mar 31, 2026 | 71.56% |
| Dec 31, 2025 | 72.12% |
| Sep 30, 2025 | 115.66% |
| Jun 30, 2025 | 53.60% |
| Mar 31, 2025 | 46.69% |
| Dec 31, 2024 | 12.52% |
| Sep 30, 2024 | 31.94% |
| Jun 30, 2024 | -32.58% |
| Mar 31, 2024 | 24.79% |
| Dec 31, 2023 | -140.38% |
| Sep 30, 2023 | -32.22% |
| Jun 30, 2023 | 29.69% |
| Mar 31, 2023 | 34.99% |
| Dec 31, 2022 | 49.13% |
| Sep 30, 2022 | -403.72% |
| Jun 30, 2022 | 32.15% |
| Mar 31, 2022 | -10.91% |
| Dec 31, 2021 | -69.51% |
| Sep 30, 2021 | -12.30% |
API Access
OR Royalties Net 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=net-margin&ticker=OR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=OR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();