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OR Royalties Inc Financials

OR
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows OR Royalties Inc (OR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI OR FY2025

A cash-converting, low-working-capital model is turning FY2025's rebound into balance-sheet strengthening, not balance-sheet strain.

In FY2025, operating cash flow of $245.6M exceeded net income of $206.1M, so the profit jump was backed by cash rather than tied up elsewhere. That matters more because total liabilities fell from $238.5M in FY2023 to $134.4M in FY2025, meaning stronger results arrived alongside less creditor dependence.

With $3.2M of receivables against $277.4M of revenue, collection lag looks minimal for the scale of sales shown. Combined with no meaningful inventory, working capital is not where cash gets trapped, so growth appears to move through the business with unusually little day-to-day funding friction.

The balance sheet now holds $142.1M of cash against just $3.8M of long-term debt, creating a clearly net-cash and self-funded posture. Even after capital returns through buybacks and dividends, liquidity strengthened rather than being consumed; a 4.5x current ratio reinforces that short-term obligations are not steering capital allocation.

Generated by Rhea from SEC filings [ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 48 / 100
Financial Profile 48/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of OR Royalties Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Growth
72

OR Royalties Inc's revenue surged 45.1% year-over-year to $277.4M, reflecting rapid business expansion. This strong growth earns a score of 72/100.

Leverage
100

OR Royalties Inc carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
90

With a current ratio of 4.53, OR Royalties Inc holds $4.53 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 90/100.

Returns
27

OR Royalties Inc generates a 14.4% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 27/100. This is up from 1.4% the prior year.

Piotroski F-Score Strong
7/9

OR Royalties Inc passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed
1.19x

For every $1 of reported earnings, OR Royalties Inc generates $1.19 in operating cash flow ($245.6M OCF vs $206.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue
$277.4M
YoY+45.1%

OR Royalties Inc generated $277.4M in revenue in fiscal year 2025. This represents an increase of 45.1% from the prior year.

EBITDA
N/A
Net Income
$206.1M
YoY+1166.9%

OR Royalties Inc reported $206.1M in net income in fiscal year 2025. This represents an increase of 1166.9% from the prior year.

EPS (Diluted)
N/A

Cash & Balance Sheet

Free Cash Flow
N/A
Cash & Debt
$142.1M
YoY+140.5%

OR Royalties Inc held $142.1M in cash against $3.8M in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
187M
YoY+0.3%

OR Royalties Inc had 187M shares outstanding in fiscal year 2025. This represents an increase of 0.3% from the prior year.

Margins & Returns

Gross Margin
N/A
Operating Margin
N/A
Net Margin
74.3%
YoY+65.8pp

OR Royalties Inc's net profit margin was 74.3% in fiscal year 2025, showing the share of revenue converted to profit. This is up 65.8 percentage points from the prior year.

Return on Equity
14.4%
YoY+13.0pp

OR Royalties Inc's ROE was 14.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 13.0 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
$36.7M
YoY+8468.5%

OR Royalties Inc spent $36.7M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 8468.5% from the prior year.

Capital Expenditures
N/A

OR Income Statement

Metric Q4'25 Q4'24 Q4'23 Q4'22
Revenue N/A N/A N/A N/A
Cost of Revenue N/A N/A N/A N/A
Gross Profit N/A N/A N/A N/A
R&D Expenses N/A N/A N/A N/A
SG&A Expenses N/A N/A N/A N/A
Operating Income N/A N/A N/A N/A
Interest Expense N/A N/A N/A N/A
Income Tax N/A N/A N/A N/A
Net Income N/A N/A N/A N/A
EPS (Diluted) N/A N/A N/A N/A

OR Balance Sheet

Metric Q4'25 Q4'24 Q4'23 Q4'22
Total Assets $1.6B+13.7% $1.4B-7.3% $1.5B+0.9% $1.5B
Current Assets $147.7M+131.4% $63.8M+0.4% $63.5M-17.9% $77.4M
Cash & Equivalents $142.1M+140.5% $59.1M+15.4% $51.2M-23.4% $66.9M
Inventory N/A $0-100.0% $10K N/A
Accounts Receivable $3.2M+3.9% $3.1M-34.6% $4.8M-45.0% $8.6M
Goodwill $81.1M+5.0% $77.3M-8.1% $84.1M+2.4% $82.1M
Total Liabilities $134.4M-28.7% $188.7M-20.9% $238.5M+24.7% $191.3M
Current Liabilities $32.6M+123.3% $14.6M-5.5% $15.5M+17.2% $13.2M
Long-Term Debt $3.8M-3.5% $3.9M-24.4% $5.2M+5.1% $4.9M
Total Equity $1.4B+20.4% $1.2B-4.7% $1.2B-2.7% $1.3B
Retained Earnings -$270.2M+33.9% -$408.7M-5.2% -$388.5M-21.6% -$319.4M

OR Cash Flow Statement

Metric Q4'25 Q4'24 Q4'23 Q4'22
Operating Cash Flow N/A N/A N/A N/A
Capital Expenditures N/A N/A N/A N/A
Free Cash Flow N/A N/A N/A N/A
Investing Cash Flow N/A N/A N/A N/A
Financing Cash Flow N/A N/A N/A N/A
Dividends Paid N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A

OR Financial Ratios

Metric Q4'25 Q4'24 Q4'23 Q4'22
Gross Margin N/A N/A N/A N/A
Operating Margin N/A N/A N/A N/A
Net Margin N/A N/A N/A N/A
Return on Equity N/A N/A N/A N/A
Return on Assets N/A N/A N/A N/A
Current Ratio 4.53+0.2 4.37+0.3 4.11-1.8 5.86
Debt-to-Equity 0.000.0 0.000.0 0.000.0 0.00
FCF Margin N/A N/A N/A N/A

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Frequently Asked Questions

OR Royalties Inc (OR) reported $277.4M in total revenue for fiscal year 2025. This represents a 45.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

OR Royalties Inc (OR) revenue grew by 45.1% year-over-year, from $191.2M to $277.4M in fiscal year 2025.

Yes, OR Royalties Inc (OR) reported a net income of $206.1M in fiscal year 2025, with a net profit margin of 74.3%.

As of fiscal year 2025, OR Royalties Inc (OR) had $142.1M in cash and equivalents against $3.8M in long-term debt.

OR Royalties Inc (OR) had a net profit margin of 74.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

OR Royalties Inc (OR) has a return on equity of 14.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

OR Royalties Inc (OR) generated $245.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

OR Royalties Inc (OR) had $1.6B in total assets as of fiscal year 2025, including both current and long-term assets.

Yes, OR Royalties Inc (OR) spent $36.7M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

OR Royalties Inc (OR) had 187M shares outstanding as of fiscal year 2025.

OR Royalties Inc (OR) had a current ratio of 4.53 as of fiscal year 2025, which is generally considered healthy.

OR Royalties Inc (OR) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

OR Royalties Inc (OR) had a return on assets of 13.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

OR Royalties Inc (OR) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

OR Royalties Inc (OR) has an earnings quality ratio of 1.19x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

OR Royalties Inc (OR) scores 48 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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