OR Royalties (OR) Shares Outstanding (Entity) (2015 - 2025)
OR Royalties (OR) posted Shares Outstanding (Entity) of 187.15 million for Q4 2025, up 0.3% from 186.68 million a year earlier but down 1.2% from the prior quarter.
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Analysis
OR Royalties (OR) Shares Outstanding (Entity) (2015 - 2025) Analysis & Trends
Since Q4 2015, OR Royalties has reported Shares Outstanding (Entity) for 36 quarters.
- Annual Shares Outstanding (Entity) has increased for four consecutive years, with a five-year compound annual growth rate of 2.3% (FY2020 to FY2025).
- In prior years, OR Royalties' Shares Outstanding (Entity) was 186.68 million in FY2024 (+0.7%), 185.35 million in FY2023 (+0.7%), 184.01 million in FY2022 (+10.5%) and 166.49 million in FY2021 (-0.4%).
- Quarterly Shares Outstanding (Entity) has run from a low of 166.49 million in Q4 2021 to a high of 189.52 million in Q3 2025 over five years.
- On a year-over-year basis, Shares Outstanding (Entity) has increased in each of the last six quarters, with growth averaging 0.8% over the last eight quarters.
- The strongest year-over-year quarter for Shares Outstanding (Entity) in the past five years was Q1 2023, with growth of 11.0%; the weakest was Q4 2021, with a decline of 0.4%.
- According to Business Quant data, Shares Outstanding (Entity) for the three prior quarters was 189.52 million (Q3 2025), 189.08 million (Q2 2025) and 188.43 million (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 41.00 Bn | 29.82 Bn | - | 2.84 Bn |
| 2 | Royalty Pharma | 39.88 Bn | 40.21 Bn | - | 574.16 Mn |
| 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 | - | 5.87 Bn |
| 5 | Royal Gold | 23.20 Bn | 22.41 Bn | 402.46 Mn | 84.49 Mn |
| 6 | Affirm Holdings | 22.35 Bn | 15.40 Bn | - | 338.92 Mn |
| 7 | Synchrony Financial | 22.29 Bn | -45.34 Bn | - | 311.00 Mn |
| 8 | Annaly Capital Management | 14.69 Bn | 5.72 Bn | - | 784.67 Mn |
| 9 | Ares Capital | 14.04 Bn | 11.79 Bn | - | 722.00 Mn |
| 10 | OR Royalties | 6.81 Bn | 6.44 Bn | 82.22 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 187.15 Mn |
| Sep 30, 2025 | 188.31 Mn |
| Jun 30, 2025 | 187.75 Mn |
| Mar 31, 2025 | 186.98 Mn |
| Dec 31, 2024 | 186.68 Mn |
| Sep 30, 2024 | 186.41 Mn |
| Jun 30, 2024 | 186.22 Mn |
| Mar 31, 2024 | 185.76 Mn |
| Dec 31, 2023 | 185.35 Mn |
| Sep 30, 2023 | 185.52 Mn |
| Jun 30, 2023 | 185.30 Mn |
| Mar 31, 2023 | 184.72 Mn |
| Dec 31, 2022 | 184.01 Mn |
| Sep 30, 2022 | 184.84 Mn |
| Jun 30, 2022 | 185.32 Mn |
| Mar 31, 2022 | 166.93 Mn |
| Dec 31, 2021 | 166.49 Mn |
| Sep 30, 2021 | 167.92 Mn |
| Jun 30, 2021 | 167.90 Mn |
| Mar 31, 2021 | 167.25 Mn |
API Access
OR Royalties Shares Outstanding (Entity) 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=shares-outstanding-entity&ticker=OR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "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=shares-outstanding-entity&ticker=OR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();