Osisko Gold Ro (OR) - Net Assets
Based on the latest financial reports, Osisko Gold Ro (OR) has net assets worth CA$1.96 Billion CAD (≈ $1.42 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$2.16 Billion ≈ $1.56 Billion USD) and total liabilities (CA$195.73 Million ≈ $141.58 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check OR cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.96 Billion |
| % of Total Assets | 90.93% |
| Annual Growth Rate | 1.05% |
| 5-Year Change | 40.62% |
| 10-Year Change | 61.65% |
| Growth Volatility | 64.58 |
Osisko Gold Ro - Net Assets Trend (2013–2025)
This chart illustrates how Osisko Gold Ro's net assets have evolved over time, based on quarterly financial data. Also explore Osisko Gold Ro balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Osisko Gold Ro (2013–2025)
The table below shows the annual net assets of Osisko Gold Ro from 2013 to 2025. For live valuation and market cap data, see Osisko Gold Ro market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$1.96 Billion ≈ $1.42 Billion |
+65.20% |
| 2024-12-31 | CA$1.19 Billion ≈ $859.56 Million |
-4.38% |
| 2023-12-31 | CA$1.24 Billion ≈ $898.95 Million |
-4.02% |
| 2022-12-31 | CA$1.29 Billion ≈ $936.56 Million |
-7.25% |
| 2021-12-31 | CA$1.40 Billion ≈ $1.01 Billion |
-3.20% |
| 2020-12-31 | CA$1.44 Billion ≈ $1.04 Billion |
-3.43% |
| 2019-12-31 | CA$1.49 Billion ≈ $1.08 Billion |
-15.70% |
| 2018-12-31 | CA$1.77 Billion ≈ $1.28 Billion |
-6.48% |
| 2017-12-31 | CA$1.89 Billion ≈ $1.37 Billion |
+56.01% |
| 2016-12-31 | CA$1.21 Billion ≈ $878.41 Million |
+79.50% |
| 2015-12-31 | CA$676.50 Million ≈ $489.37 Million |
+184.09% |
| 2014-12-31 | CA$238.13 Million ≈ $172.26 Million |
-86.24% |
| 2013-12-31 | CA$1.73 Billion ≈ $1.25 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Osisko Gold Ro's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 6362299000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$2.31 Billion | 117.88% |
| Other Comprehensive Income | CA$-70.98 Million | -3.62% |
| Other Components | CA$90.30 Million | 4.60% |
| Total Equity | CA$1.96 Billion | 100.00% |
Osisko Gold Ro Competitors by Market Cap
The table below lists competitors of Osisko Gold Ro ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SWIGGY LIMITED
NSE:SWIGGY
|
$6.79 Billion |
|
Valaris Ltd
NYSE:VAL
|
$6.79 Billion |
|
ASX LTD UNSPONS.ADR 1
F:AUX1
|
$6.79 Billion |
|
TPG Inc
NASDAQ:TPG
|
$6.80 Billion |
|
Stora Enso Oyj R
HE:STERV
|
$6.78 Billion |
|
Yunnan Copper Co Ltd
SHE:000878
|
$6.78 Billion |
|
Starwood Property Trust Inc
NYSE:STWD
|
$6.78 Billion |
|
Yealink Network Technology Corp Ltd
SHE:300628
|
$6.77 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Osisko Gold Ro's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,188,245,786 to 1,962,970,200, a change of 774,724,414 (65.2%).
- Net income of 287,964,405 contributed positively to equity growth.
- Dividend payments of 48,710,876 reduced retained earnings.
- Share repurchases of 51,242,763 reduced equity.
- Other comprehensive income increased equity by 70,779,194.
- Other factors increased equity by 515,934,454.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$287.96 Million | +14.67% |
| Dividends Paid | CA$48.71 Million | -2.48% |
| Share Repurchases | CA$51.24 Million | -2.61% |
| Other Comprehensive Income | CA$70.78 Million | +3.61% |
| Other Changes | CA$515.93 Million | +26.28% |
| Total Change | CA$- | 65.20% |
Book Value vs Market Value Analysis
This analysis compares Osisko Gold Ro's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.81x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 1.38x to 4.81x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CA$36.14 | CA$49.89 | x |
| 2014-12-31 | CA$5.18 | CA$49.89 | x |
| 2015-12-31 | CA$7.60 | CA$49.89 | x |
| 2016-12-31 | CA$11.57 | CA$49.89 | x |
| 2017-12-31 | CA$14.81 | CA$49.89 | x |
| 2018-12-31 | CA$11.31 | CA$49.89 | x |
| 2019-12-31 | CA$9.87 | CA$49.89 | x |
| 2020-12-31 | CA$8.34 | CA$49.89 | x |
| 2021-12-31 | CA$7.65 | CA$49.89 | x |
| 2022-12-31 | CA$7.18 | CA$49.89 | x |
| 2023-12-31 | CA$6.71 | CA$49.89 | x |
| 2024-12-31 | CA$6.33 | CA$49.89 | x |
| 2025-12-31 | CA$10.38 | CA$49.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Osisko Gold Ro utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.67%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 74.30%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 1.10x
- Recent ROE (14.67%) is below the historical average (48.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -1.64% | 0.00% | 0.00x | 1.28x | CA$-201.56 Million |
| 2014 | 635.64% | 9739.61% | 0.06x | 1.03x | CA$1.49 Billion |
| 2015 | 3.07% | 63.30% | 0.04x | 1.16x | CA$-46.80 Million |
| 2016 | 2.57% | 67.19% | 0.03x | 1.17x | CA$-90.09 Million |
| 2017 | -1.76% | -19.93% | 0.07x | 1.33x | CA$-222.86 Million |
| 2018 | -4.72% | -21.53% | 0.17x | 1.26x | CA$-260.73 Million |
| 2019 | -11.78% | -59.65% | 0.15x | 1.30x | CA$-325.24 Million |
| 2020 | 0.98% | 7.90% | 0.09x | 1.42x | CA$-122.17 Million |
| 2021 | -1.44% | -10.47% | 0.09x | 1.48x | CA$-146.66 Million |
| 2022 | -6.84% | -54.52% | 0.11x | 1.18x | CA$-217.97 Million |
| 2023 | -3.00% | -20.43% | 0.12x | 1.22x | CA$-161.61 Million |
| 2024 | 1.37% | 8.51% | 0.14x | 1.17x | CA$-102.57 Million |
| 2025 | 14.67% | 74.30% | 0.18x | 1.10x | CA$91.67 Million |
Industry Comparison
This section compares Osisko Gold Ro's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $3,534,498,549
- Average return on equity (ROE) among peers: -16.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Osisko Gold Ro (OR) | CA$1.96 Billion | -1.64% | 0.10x | $6.78 Billion |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $3.60 Billion |
| Abcourt Mines Inc. (ABI) | $25.14 Million | 6.90% | 0.34x | $86.06 Million |
| Barrick Gold Corp (ABX) | $32.31 Billion | 6.26% | 0.45x | $63.93 Billion |
| American Eagle Gold Corp (AE) | $3.09 Million | -121.24% | 0.18x | $138.81 Million |
| Agnico Eagle Mines Limited (AEM) | $152.14 Million | 0.14% | 0.98x | $90.48 Billion |
| Alamos Gold Inc (AGI) | $2.74 Billion | -2.44% | 0.32x | $16.27 Billion |
| AIS Resources Ltd (AIS) | $710.09K | -3.25% | 0.03x | $1.76 Million |
| Alliance Mining Corp (ALM) | $-1.62 Million | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $1.70 Million | -35.22% | 0.08x | $38.60 Million |
| Almaden Minerals Ltd (AMM) | $9.85 Million | -13.46% | 0.05x | $24.82 Million |
About Osisko Gold Ro
OR Royalties Inc. acquires and manages precious metal and other royalties, streams, and other interests in Canada and internationally. It also owns options on offtake; royalty/stream financings; and exclusive rights to participate in future royalty/stream financings on various projects. The company's primary asset is a 3-5% net smelter return royalty on the Canadian Malartic complex located in Ca… Read more