OR Royalties (OR) Operating Margin (2016 - 2026)
OR Royalties (OR) posted quarterly Operating Margin of 105.11% for Q1 2026, up 4908.0% year-over-year from 2.1% in Q1 2025, and little changed quarter-over-quarter from 105.46% in Q4 2025.
OR Royalties (OR) Operating Margin (2016 - 2026) Analysis & Trends
OR Royalties' Operating Margin history runs 11 years deep, the most recent figure standing at 105.11% for Q1 2026.
- In Q1 2026, Operating Margin rose 4908.0% year-over-year to 105.11%; the TTM figure through Mar 2026 stood at 98.71% (up 3884.0% YoY), while the FY2025 annual figure was 107.61%, up 5777.0% from the prior year.
- Operating Margin for Q1 2026 stood at 105.11%, roughly flat from 105.46% in the prior quarter.
- The five-year high for Operating Margin was 114.01% in Q3 2023, with the low at 37.1% in Q2 2024.
- The 5-year median for Operating Margin is 103.69% (2022), against an average of 80.45%.
- The sharpest annual moves came in 2022 and 2024: Operating Margin surged 17873 bps in 2022, then tumbled 9387 bps in 2024.
- OR Royalties' Operating Margin stood at 103.25% in 2022, then increased by 5 bps to 108.75% in 2023, then retreated by 2 bps to 107.08% in 2024, then declined by 2 bps to 105.46% in 2025, then slipped by 0 bps to 105.11% in 2026.
- Business Quant data shows OR's Operating Margin at 105.11% in Q1 2026, 105.46% in Q4 2025, and 106.35% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 140.45 Bn | 131.44 Bn | 4.03 Bn | 16.48% |
| 2 | Agnico Eagle Mines | 108.80 Bn | 105.34 Bn | 2.43 Bn | 60.65% |
| 3 | Barrick Mining | 79.45 Bn | 73.52 Bn | 2.90 Bn | 51.63% |
| 4 | Wheaton Precious Metals | 71.58 Bn | 71.48 Bn | 687.86 Mn | 71.79% |
| 5 | AngloGold Ashanti | 61.94 Bn | 59.11 Bn | 1.70 Bn | 20.62% |
| 6 | Gold Fields | 42.71 Bn | 40.93 Bn | - | - |
| 7 | Pan American Silver | 22.35 Bn | 20.78 Bn | 457,000.00 | 44.22% |
| 8 | Royal Gold | 21.96 Bn | 21.77 Bn | 390.45 Mn | 62.13% |
| 9 | Coeur Mining | 21.68 Bn | 20.62 Bn | 535.85 Mn | 19.94% |
| 10 | OR Royalties | 6.76 Bn | 6.69 Bn | 82.22 Mn | 103.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 105.11% |
| Dec 31, 2025 | 105.46% |
| Sep 30, 2025 | 106.35% |
| Jun 30, 2025 | 68.63% |
| Mar 31, 2025 | 56.03% |
| Dec 31, 2024 | 107.08% |
| Sep 30, 2024 | 110.55% |
| Jun 30, 2024 | -37.10% |
| Mar 31, 2024 | 109.40% |
| Dec 31, 2023 | 108.75% |
| Sep 30, 2023 | 114.01% |
| Jun 30, 2023 | 56.77% |
| Mar 31, 2023 | 34.99% |
| Dec 31, 2022 | 103.25% |
| Sep 30, 2022 | 103.69% |
| Jun 30, 2022 | 13.15% |
| Mar 31, 2022 | 101.51% |
| Dec 31, 2021 | -75.48% |
| Sep 30, 2021 | -24.29% |
| Jun 30, 2021 | -27.44% |