Osisko Gold Royalties Ltd (OR) Key Metrics
OR valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $6.67B
- Enterprise value
- $6.91B
- P/E (TTM)
- 23.5
- Forward P/E
- 27.9
- PEG ratio
- —
- Price / sales
- 18.4
- Price / book
- 4.6
- EV / EBITDA
- 18.1
- Dividend yield
- 0.73% $0.26 a year
- Beta
- 1.35
OR key metrics, 2024–2025
Fiscal year ended December 31, 2025 · U.S. dollarsOR valuation Price multiples at each fiscal year-end price.
OR returns How much profit the business earns on the capital it uses.
OR per-share figures Results divided by the shares outstanding at year-end.
OR financial health Debt, liquidity and how easily interest is covered.
OR efficiency & capital use Working capital cycle and where the cash goes.
OR valuation history
OR returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
OR debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
OR cash returned to shareholders
OR price vs earnings per share
OR key metrics
2024–2025| 2025 | 2024 | |
|---|---|---|
| Valuation | ||
| Market capitalization | $6.69B | $3.40B |
| Enterprise value | $6.56B | $3.42B |
| P/E ratio | 31.9 | 208.7 |
| Price / sales | 23.7 | 17.8 |
| Price / book | 4.7 | 4.1 |
| Price / free cash flow | 31.5 | 56.5 |
| Price / operating cash flow | 26.8 | 30.6 |
| EV / sales | 23.3 | 17.9 |
| EV / EBITDA | 27.0 | 47.8 |
| EV / free cash flow | 30.9 | 57.0 |
| Earnings yield | 3.1% | 0.5% |
| Free cash flow yield | 3.2% | 1.8% |
| Dividend yield | 0.5% | 0.6% |
| Shareholder yield (dividends + buybacks) | 1.1% | 0.6% |
| Share price at fiscal year-end | $35.39 | $18.10 |
| Per share | ||
| Revenue per share | $1.49 | $1.02 |
| Earnings per share | $1.11 | $0.09 |
| Operating cash flow per share | $1.32 | $0.59 |
| Free cash flow per share | $1.12 | $0.32 |
| Cash per share | $0.75 | $0.22 |
| Book value per share | $7.55 | $4.40 |
| Tangible book value per share | $7.12 | $3.94 |
| Dividends per share | $0.19 | $0.11 |
| Capex per share | $0.20 | $0.27 |
| Debt per share | $0.05 | $0.37 |
| Shares outstanding | 189.2M | 187.6M |
| Change in shares outstanding | +0.8% | — |
| Returns & profitability | ||
| Return on equity (ROE) | 18.6% | 2.0% |
| Return on invested capital (ROIC) | 16.3% | 8.2% |
| Return on assets (ROA) | 16.6% | 1.7% |
| Return on tangible assets | 14.1% | 1.9% |
| Free cash flow margin | 75.2% | 31.4% |
| Income quality (OCF / net income) | 1.19 | 6.83 |
| Financial health | ||
| Total debt | $8.8M | $68.6M |
| Cash & short-term investments | $141.8M | $41.1M |
| Net debt | −$133.0M | $27.5M |
| Debt / equity | 0.01 | 0.08 |
| Debt / assets | 0.01 | 0.07 |
| Net debt / EBITDA | −0.55 | 0.38 |
| Current ratio | 4.53 | 4.37 |
| Quick ratio | 4.53 | 4.30 |
| Interest coverage | 45.2 | 23.4 |
| Working capital | $114.7M | $34.2M |
| Invested capital | $1.30B | $853.7M |
| Tangible asset value | $1.35B | $738.7M |
| Net current asset value | $4.9M | −$86.8M |
| Graham number | $13.72 | $2.93 |
| Graham net-net per share | $0.01 | −$0.47 |
| Capital allocation | ||
| Dividends paid | $35.4M | $21.3M |
| Share buybacks (net) | $37.3M | $297,417 |
| Dividend payout ratio | 16.9% | 130.9% |
| Dividends + buybacks / free cash flow | 34.3% | 35.9% |
| Capex / revenue | 13.3% | 26.7% |
| Capex / operating cash flow | 15.0% | 45.9% |
| Capex / depreciation | 1.00 | 1.52 |
| Stock-based compensation / revenue | 3.0% | 2.3% |
| R&D / revenue | — | 2.9% |
| SG&A / revenue | 7.4% | 11.4% |
| Efficiency | ||
| Days sales outstanding | 3.5 | 4.1 |
| Days of inventory on hand | — | 6.5 |
| Days payables outstanding | 15.5 | 8.9 |
| Cash conversion cycle (days) | -12.0 | 1.8 |
| Receivables turnover | 104.89 | 88.57 |
| Payables turnover | 23.52 | 41.09 |
| Inventory turnover | — | 55.76 |
| Asset turnover | 0.22 | 0.20 |
| Average receivables | $2.7M | $2.2M |
| Average payables | $2.0M | $957,572 |
| Average inventory | — | $705,556 |
| Intangibles / total assets | 5.2% | 9.1% |
Computed from OR's annual financial statements (latest annual report filed March 30, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
OR valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Osisko Gold Royalties traded at 31.9 times earnings. Based on the latest twelve months, the trailing P/E is 23.5 and the forward P/E is 27.9. Osisko Gold Royalties earned a return on equity of 18.6% and a return on invested capital of 16.3% in fiscal 2025. It ended the year with $8.8 million of debt and $141.8 million in cash and short-term investments, a net cash position of $133.0 million. It returned $72.7 million to shareholders: $35.4 million in dividends and $37.3 million in share buybacks, 34% of free cash flow.
See the OR income statement, the OR chart for price history, or the OR stock overview for the latest quote and news.
OR key metrics FAQ
What is Osisko Gold Royalties's P/E ratio?
Osisko Gold Royalties's trailing P/E ratio is 23.5 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 27.9. At the end of fiscal 2025 it was 31.9.
What is Osisko Gold Royalties's EV/EBITDA?
Osisko Gold Royalties's enterprise value was 27.0 times EBITDA at the end of fiscal 2025 (enterprise value $6.6 billion, EBITDA $243.2 million); the current EV/EBITDA is 18.1.
What is Osisko Gold Royalties's return on equity?
Osisko Gold Royalties's return on equity (ROE) was 18.6% in fiscal 2025: net income of $209.5 million on average shareholders' equity of $1.1 billion.
What is Osisko Gold Royalties's ROIC?
Osisko Gold Royalties's return on invested capital was 16.3% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Osisko Gold Royalties have?
Osisko Gold Royalties had total debt of $8.8 million at the end of fiscal 2025, a debt-to-equity ratio of 0.01 and more cash than debt.
What is Osisko Gold Royalties's dividend yield?
Osisko Gold Royalties's forward dividend yield is 0.73%. Osisko Gold Royalties paid $35.4 million in dividends in fiscal 2025 ($0.19 per share), a payout ratio of 16.9%.
Does Osisko Gold Royalties buy back its shares?
Yes. Osisko Gold Royalties spent $37.3 million on net share repurchases in fiscal 2025 Shares outstanding changed +0.8% over the year, to 189.2M..
What is Osisko Gold Royalties's free cash flow yield?
Osisko Gold Royalties generated $212.2 million of free cash flow in fiscal 2025, a free cash flow yield of 3.2% on its market value at year-end ($6.7 billion).
What is Osisko Gold Royalties's current ratio?
Osisko Gold Royalties's current ratio was 4.53 at the end of fiscal 2025: current assets were 4.53 times current liabilities.