OR Royalties (OR) vs Royal Gold (RGLD)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Royal Gold (RGLD) has outperformed OR Royalties (OR) over the past year, gaining 12.6% versus a loss of 16.0%. Over five years, OR leads with a +177.9% price change compared with +133.6% for RGLD. Royal Gold is the larger company by market cap ($19.59 billion vs $6.41 billion), about 3.1 times the size, while OR Royalties is growing revenue faster (+45.1% vs +43.2%).
On valuation, Royal Gold trades at a lower forward P/E (18.0x vs 24.7x for OR Royalties). OR Royalties offers the higher dividend yield (0.67% vs 0.41%). OR Royalties converts more of its revenue into profit, with a net margin of 74.3% versus 45.2%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | OR | RGLD |
|---|---|---|
| Share price | $34.18 | $231.18 |
| Market cap | $6.41B | $19.59B |
| 1-day change | +0.77% | +1.44% |
| YTD return | -3.42% | +4.00% |
| 1-year return | -16.04% | +12.64% |
| 5-year return | +177.89% | +133.61% |
| P/E ratio (TTM) | 22.64 | 25.60 |
| Forward P/E | 24.70 | 17.98 |
| EPS (TTM) | $1.51 | $9.03 |
| Dividend yield | 0.67% | 0.41% |
| Annual dividend | $0.23 | $0.95 |
| Revenue (latest FY) | $277.37M | $1.03B |
| Revenue growth (YoY) | +45.10% | +43.24% |
| Net income (latest FY) | $206.09M | $466.28M |
| Gross margin | 83.82% | 69.32% |
| Operating margin | 70.94% | 61.93% |
| Net margin | 74.30% | 45.25% |
| 52-week high | $48.06 | $306.25 |
| 52-week low | $27.54 | $168.88 |
| Distance from 52-week high | -28.88% | -24.51% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +25.80% | +34.02% |
| Average volume | 954.40K | 685.49K |
| Shares outstanding | 187.50M | 84.73M |
| Employees | — | 39 |
| Sector | Basic Materials | Industrials |
| Industry | Precious Metals | Precious Metals |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Royal Gold is about 3.1 times larger than OR Royalties by market value ($19.59B vs $6.41B).
- RGLD has outperformed OR by 28.7 percentage points over the past year.
- OR Royalties is more profitable, keeping 74.3 cents of every revenue dollar as net income versus 45.2 cents for Royal Gold.
- The two companies sit in different sectors: OR Royalties in Basic Materials and Royal Gold in Industrials.
About OR Royalties
OR stock →OR Royalties Inc. acquires and manages precious metal and other royalties, streams, and other interests in Canada and internationally.
Basic Materials · Precious Metals
About Royal Gold
RGLD stock →Royal Gold, Inc., together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests in North America, South and Central America, Europe, the Middle East, Africa, and the Australia Pacific. It operates through Acquisition and Management of Stream Interests and Acquisition and Management of Royalty Interests segments.
Industrials · Precious Metals · 39 employees
OR vs RGLD FAQ
Which is bigger, OR Royalties or Royal Gold?
Royal Gold (RGLD) is larger, with a market capitalization of $19.59B compared with $6.41B for OR Royalties (OR).
Which stock has performed better over the past year, OR or RGLD?
RGLD returned +12.64% over the past 12 months, compared with -16.04% for OR (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, OR or RGLD?
OR has the lower trailing P/E at 22.6, versus 25.6 for RGLD. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, OR Royalties or Royal Gold?
OR Royalties has the higher yield at 0.67%, compared with 0.41% for Royal Gold.
Are OR Royalties and Royal Gold in the same industry?
Yes. Both are classified in the Precious Metals industry within the Basic Materials sector.