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OR Royalties Inc. (OR)

NYSE: OR · Gold and Silver Ores · Montreal · filing with the SEC since 2014
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Grade4.8
◀ Past 5.6● Present 4.2▶ Future 4.5
2 est.
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The grade of OR Royalties Inc.

Nine metrics read from its own filings, by tense
Headline grade
4.8/10
◀ Past5.640% of the headline
● Present4.235% of the headline
▶ Future4.525% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.6/1040% of the headline grade · 3 of 3 filed

Surviving crises

as filed
6.0/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 45% of this tense · 60th percentile among 73 sector filers · read for itself

From the record

OR Royalties Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
3.7/10

What has it actually done, year after year?

+21.7% a year over 8 filed years; profitable in 2 of 8.

weight 33% of this tense · 37th percentile among 44 sector filers · read for its customers

From the record

OR Royalties Inc.'s 8 filed years say what it did: revenue went from CAD 63 million in fiscal 2016 to CAD 247 million in fiscal 2023, up 21.7% a year; it rose in 4 of 7 years; the deepest fall was 56% from fiscal 2018 to fiscal 2020; net income was positive in 2 of 8 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span21.7%top 29% of its family
  • the share of years revenue rosebottom 31% of its family
  • the share of filed years with a profitbottom 27% of its family
  • the deepest fall from a revenue peak56.4%bottom 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
7.6/10

How has it treated the people who own it?

Share count grew 4.4% a year. 27% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 22% of this tense · 76th percentile among 38 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2023-12-31, OR Royalties Inc.'s diluted share count grew about 4.4% a year, and dividends and buybacks returned about 27% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 31% of its family
  • cash returned against operating cash flowtop 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

4.2/1035% of the headline grade · 1 of 3 filed, 2 estimated

Financial health

SI estimate
5.3/10

Is it financially healthy right now?

SI estimate 5.3/10, confidence 20 of 100 (family median).

weight 45% of this tense · 50th percentile among 65 sector filers · read for itself

SI estimate Inferred, not read as filed

Why it is an estimate
The newest annual statements on file are more than two years old, so the desk assumes the typical reading of its industry family, the median of 65 members with one.
What the record cannot read
The newest annual statements on file are more than two years old.
How it was reasoned
family median, 65 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: OR Royalties Inc.'s financial health is put at 5.3 of 10 with a confidence of 20 of 100, because the newest annual statements on file are more than two years old, so the desk assumes the typical reading of its industry family, the median of 65 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

Industry position

as filed
2.0/10

How strong is its position in its industry?

bottom 20% of 44 in its family; net margin -19.5%.

weight 33% of this tense · 20th percentile among 44 sector filers · read for its customers

From the record

OR Royalties Inc.'s standing among 44 graded names in its industry family: revenue of CAD 247 million in fiscal 2023 is not ranked by size, since the family reports in another currency; a net margin of -19.5% ranks in the bottom 26%; revenue growth of 5% a year over the last 3 filed years ranks in the bottom 15% (its annual reports).

What it rests on

  • net margin-19.5%bottom 26% of its family
  • three-year revenue growth5.0%bottom 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.3/10

What are the people in charge doing?

SI estimate 5.3/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 16 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, so the desk assumes the typical reading of its industry family, the median of 16 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read.
How it was reasoned
family median, 16 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: OR Royalties Inc.'s leadership is put at 5.3 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, so the desk assumes the typical reading of its industry family, the median of 16 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

4.5/1025% of the headline grade · 3 of 3 filed

Room to expand

as filed
8.8/10

How much room does it have to grow?

top 12% of 42 in its family for room to expand.

weight 22% of this tense · 88th percentile among 42 sector filers · read for itself

From the record

OR Royalties Inc.'s room to grow, from the newest filed statements (fiscal 2023): cash from operations less capital spending is 75.6% of revenue (top 9%); a gross margin of 70.5% (top 16%) (its annual report).

What it rests on

  • cash from operations less capital spending against revenue75.6%top 9% of its family
  • gross margin70.5%top 16% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
2.4/10

What could actually drive growth from here?

bottom 24% of 41 in its family for growth drivers.

weight 33% of this tense · 24th percentile among 41 sector filers · read for its customers

From the record

OR Royalties Inc.'s growth drivers, from the filed years to fiscal 2023: revenue grew 5% a year over the last three filed years against 21.7% over all 8, slowing (bottom 16% of its family); the newest year grew 13.6% (bottom 24%); capital spending grew 0% a year (bottom 33%) (its annual reports). OR Royalties Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-16.7 points a yearbottom 16% of its family
  • the newest year's revenue growth13.6%bottom 24% of its family
  • three-year growth of capital spending0.0%bottom 33% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
3.9/10

Did its newest year beat what its own record pointed to?

bottom 39% of 38 in its family for expectations against reality.

weight 45% of this tense · 39th percentile among 38 sector filers · read for its shareholders

From the record

OR Royalties Inc.'s newest year against its own record: revenue of CAD 247 million in fiscal 2023 came in 12.5% above the CAD 220 million its prior three years' pace pointed to (bottom 41% of its family); net income of CAD 48 million against a prior three-year average of CAD 75 million (bottom 28%); a net margin of -19.5% against -33.9% before (bottom 49%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace12.5%bottom 41% of its family
  • net income against the prior three years' average+35%bottom 28% of its family
  • net margin against its prior average+14.4 pointsbottom 49% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton OR · research, not advice