Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data OR Royalties Inc. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2024
FY2024
FY2025
Revenue
183
191
277
Cost of revenue
12.3
6.74
9.12
Gross profit
129
152
232
Selling, general and administrative
24.3
18.3
20.9
Operating income
64.5
78.3
197
Interest expense
14
7.97
4.48
Interest income
5.06
4.15
4.02
Pre-tax income
-27.6
30.1
241
Income tax
9.79
13.9
35.3
Net income
-37.4
16.3
206
EPS, basic
-0.20
0.09
1.10
EPS, diluted
-0.20
0.09
1.09
Balance sheet
FY2024
FY2024
FY2025
Short-term investments
6.2
0
Receivables
4.75
3.11
3.23
Inventory
0.01
0
Total current assets
63.5
63.8
148
Lease right-of-use assets
5.1
3.9
4
Goodwill
84.1
77.3
81.1
Total assets
1,486
1,378
1,566
Accounts payable
6.21
5.33
7.48
Total current liabilities
15.5
14.6
32.6
Lease liabilities
5.2
3.93
3.8
Total liabilities
239
189
134
Total debt
145
93.9
0
Retained earnings
-388
-409
-270
Total equity
1,248
1,189
1,432
Total liabilities and equity
1,486
1,378
1,566
Cash flow statement
FY2024
FY2024
FY2025
Net income
-37.4
16.3
206
Cash from operations
138
160
246
Cash from investing
-166
-75.6
1.35
Debt issued
190
35
10.4
Debt repaid
-156
-84.7
-105
Dividends paid
-29.7
-30.7
-34.9
Cash from financing
9.37
-74.9
-163
Exchange rate effect
2.67
-1.52
-0.57
Net change in cash
-15.6
7.89
83
Interest paid
12.7
7.26
3.88
Key metrics
Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $35.78 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
83.8%
Gross profit / revenue.
Operating margin
70.9%
Operating income / revenue.
Pre-tax margin
87.0%
Pre-tax income / revenue.
Net margin
74.3%
Net income / revenue.
Operating cash flow margin
88.5%
Cash from operations / revenue.
Effective tax rate
14.6%
Income tax / pre-tax income, when pre-tax income is positive.
Return on assets (ROA)
14.0%
Net income / average total assets.
SG&A / revenue
7.5%
Selling, general and administrative expense / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
45.1%
Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y
53.1%
Gross profit vs the same period a year earlier. Only from a positive base.
Operating income growth, 1y
151.2%
Operating income vs the same period a year earlier. Only from a positive base.
Net income growth, 1y
1,167.0%
Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y
1,111.0%
EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y
53.6%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
13.7%
Total assets vs the same period a year earlier. Only from a positive base.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
4.53x
Current assets / current liabilities.
Debt / assets
0.0%
Total debt / total assets.
Liabilities / assets
8.6%
Total liabilities / total assets.
Interest coverage
44.0x
Operating income / interest expense.
Working capital
$115.1M
Current assets - current liabilities.
Goodwill and intangibles / assets
5.2%
(Goodwill + intangible assets) / total assets.
Efficiency
Metric
Value
How it is calculated
Asset turnover
0.19x
Revenue / average total assets.
Receivables turnover
87.6x
Revenue / average receivables.
Days sales outstanding
4 days
365 x average receivables / revenue.
Days payables
256 days
365 x average accounts payable / cost of revenue.
Per share
Metric
Value
How it is calculated
EPS, diluted
$1.09
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic
$1.10
Net income per basic share, as reported (split-adjusted).
Payout ratio
16.9%
Dividends paid / net income, when net income is positive.
Valuation
Metric
Value
How it is calculated
Market cap
$6.71B
Share price x shares outstanding.
Enterprise value
$6.71B
Market cap + total debt - cash - short-term investments.
P/E
32.6x
Market cap / net income. Only when net income is positive.
P/S
24.2x
Market cap / revenue.
P/OCF
27.3x
Market cap / cash from operations, when positive.
EV/Sales
24.2x
Enterprise value / revenue.
EV/EBIT
34.1x
Enterprise value / operating income, when both are positive.
Earnings yield
3.1%
Net income / market cap (the inverse of P/E).
Dividend yield
0.5%
Dividends paid over the period / market cap.
Shareholder yield
0.5%
(Dividends paid + share buybacks) / market cap.
What was OR Royalties Inc.'s revenue in fiscal 2025?
OR Royalties Inc. reported revenue of $277.4M for fiscal 2025, 45.1% higher than the year before.
Was OR Royalties Inc. profitable in fiscal 2025?
Yes. Net income was $206.1M, a net margin of 74.3%.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.