TIH.TO vs. OR.TO
TIH.TO (Toromont Industries Ltd.) and OR.TO (Osisko Gold Royalties Ltd) are both stocks. TIH.TO operates in Industrial Distribution (Industrials), while OR.TO operates in Gold (Basic Materials). Over the past 10 years, TIH.TO returned 21.55%/yr vs 12.45%/yr for OR.TO. At a 0.07 correlation, their price movements are largely independent.
Performance
TIH.TO vs. OR.TO - Performance Comparison
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Returns By Period
In the year-to-date period, TIH.TO achieves a 34.71% return, which is significantly higher than OR.TO's -2.97% return. Over the past 10 years, TIH.TO has outperformed OR.TO with an annualized return of 21.55%, while OR.TO has yielded a comparatively lower 12.45% annualized return.
TIH.TO
- 1D
- -0.12%
- 1M
- 2.66%
- YTD
- 34.71%
- 6M
- 36.56%
- 1Y
- 88.16%
- 3Y*
- 30.25%
- 5Y*
- 17.44%
- 10Y*
- 21.55%
OR.TO
- 1D
- -0.04%
- 1M
- -10.41%
- YTD
- -2.97%
- 6M
- 1.63%
- 1Y
- 33.53%
- 3Y*
- 31.27%
- 5Y*
- 23.09%
- 10Y*
- 12.45%
TIH.TO vs. OR.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TIH.TO Toromont Industries Ltd. | 34.71% | 48.42% | -0.52% | 20.67% | -13.29% | 29.90% | 28.45% | 32.28% | 0.04% | 32.10% |
OR.TO Osisko Gold Royalties Ltd | -2.97% | 88.16% | 39.17% | 17.33% | 7.02% | -2.67% | 29.76% | 6.96% | -16.11% | 12.23% |
Correlation
The correlation between TIH.TO and OR.TO is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Jun 2, 2014 | 0.07 |
The correlation between TIH.TO and OR.TO shifts across timeframes, from 0.07 (all time) to 0.22 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
TIH.TO:
CA$18.31B
OR.TO:
CA$8.89B
TIH.TO:
CA$6.29
OR.TO:
CA$1.34
TIH.TO:
35.38
OR.TO:
35.10
TIH.TO:
2.91
OR.TO:
0.09
TIH.TO:
3.41
OR.TO:
27.41
TIH.TO:
5.46
OR.TO:
6.03
TIH.TO:
CA$5.34B
OR.TO:
CA$324.98M
TIH.TO:
CA$1.39B
OR.TO:
CA$282.47M
TIH.TO:
CA$1.06B
OR.TO:
CA$324.46M
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Return for Risk
TIH.TO vs. OR.TO — Risk / Return Rank
TIH.TO
OR.TO
TIH.TO vs. OR.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Toromont Industries Ltd. (TIH.TO) and Osisko Gold Royalties Ltd (OR.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| TIH.TO | OR.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.01 | ||
| Sortino ratioReturn per unit of downside risk | +3.56 | ||
| Omega ratioGain probability vs. loss probability | 1.64 | 1.17 | +0.47 |
| Calmar ratioReturn relative to maximum drawdown | 8.22 | 1.09 | +7.13 |
| Martin ratioReturn relative to average drawdown | 28.90 | 2.49 | +26.42 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TIH.TO | OR.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.79 | 0.77 | +3.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 0.69 | +0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.95 | 0.35 | +0.60 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.32 | +0.35 |
Drawdowns
TIH.TO vs. OR.TO - Drawdown Comparison
The maximum TIH.TO drawdown since its inception was -39.19%, smaller than the maximum OR.TO drawdown of -58.25%. Use the drawdown chart below to compare losses from any high point for TIH.TO and OR.TO.
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Drawdown Indicators
| TIH.TO | OR.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.19% | -58.25% | +19.06% |
Max Drawdown (1Y)Largest decline over 1 year | -10.90% | -30.85% | +19.95% |
Max Drawdown (3Y)Largest decline over 3 years | -18.53% | -30.85% | +12.32% |
Max Drawdown (5Y)Largest decline over 5 years | -22.17% | -34.22% | +12.05% |
Max Drawdown (10Y)Largest decline over 10 years | -25.45% | -57.66% | +32.21% |
Current DrawdownCurrent decline from peak | -2.00% | -27.70% | +25.70% |
Average DrawdownAverage peak-to-trough decline | -8.17% | -16.54% | +8.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.08% | 13.52% | -10.44% |
Volatility
TIH.TO vs. OR.TO - Volatility Comparison
The current volatility for Toromont Industries Ltd. (TIH.TO) is 7.26%, while Osisko Gold Royalties Ltd (OR.TO) has a volatility of 13.81%. This indicates that TIH.TO experiences smaller price fluctuations and is considered to be less risky than OR.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TIH.TO | OR.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.26% | 13.81% | -6.55% |
Volatility (6M)Calculated over the trailing 6-month period | 18.69% | 36.68% | -17.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.71% | 43.70% | -19.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.16% | 33.58% | -12.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.87% | 36.20% | -13.33% |
Dividends
TIH.TO vs. OR.TO - Dividend Comparison
TIH.TO's dividend yield for the trailing twelve months is around 0.97%, more than OR.TO's 0.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OR.TO Osisko Gold Royalties Ltd | 0.64% | 0.60% | 0.98% | 1.24% | 1.35% | 1.36% | 1.24% | 1.58% | 1.67% | 1.24% | 1.22% | 0.95% |
TIH.TO Toromont Industries Ltd. | 0.97% | 1.25% | 1.69% | 1.48% | 1.60% | 1.19% | 1.39% | 1.53% | 1.70% | 1.38% | 1.70% | 2.16% |
Financials
TIH.TO vs. OR.TO - Financials Comparison
This section allows you to compare key financial metrics between Toromont Industries Ltd. and Osisko Gold Royalties Ltd. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
TIH.TO vs. OR.TO - Profitability Comparison
TIH.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Toromont Industries Ltd. reported a gross profit of 317.34M and revenue of 1.23B. Therefore, the gross margin over that period was 25.8%.
OR.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Osisko Gold Royalties Ltd reported a gross profit of 87.05M and revenue of 101.15M. Therefore, the gross margin over that period was 86.1%.
TIH.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Toromont Industries Ltd. reported an operating income of 143.03M and revenue of 1.23B, resulting in an operating margin of 11.7%.
OR.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Osisko Gold Royalties Ltd reported an operating income of 78.93M and revenue of 101.15M, resulting in an operating margin of 78.0%.
TIH.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Toromont Industries Ltd. reported a net income of 92.70M and revenue of 1.23B, resulting in a net margin of 7.6%.
OR.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Osisko Gold Royalties Ltd reported a net income of 72.38M and revenue of 101.15M, resulting in a net margin of 71.6%.
Frequently Asked Questions
TIH.TO and OR.TO have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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