Drdgold vs OR Royalties
Drdgold is the larger business, with $661m of revenue in fiscal 2026 against $277m for OR Royalties (2.4 times as much). Drdgold grew faster (52.3% against 45.1%). OR Royalties kept more of each dollar of sales as profit: a net margin of 74.3% against 38.1%. Drdgold carries less debt relative to equity (0.0% against 0.0%).
| Latest fiscal year | DrdgoldDRD, 2026 | OR RoyaltiesOR, 2025 |
|---|---|---|
| Revenue | $661m | $277m |
| Revenue growth | 52.3% | 45.1% |
| Net income | $252m | $206m |
| Operating margin | 51.4% | 70.9% |
| Net margin | 38.1% | 74.3% |
| Return on equity | 39.4% | 15.7% |
| Free cash flow | $127m | — |
| Cash | $169m | — |
| Total debt | $0 | $0 |
| Debt to equity | 0.0% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | 2.3% | — |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $2.00bn | $6.14bn |
| Price vs our value range | Within our value range | — |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 20 sales | 0 buys, 0 sales |