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Wheaton Precious Metals Corp. logo

Wheaton Precious Metals Corp.

WPM

NYSEBasic MaterialsGold

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Previous close

$157.78

+$7.53 · +5.01%

Aug 21, 4:00 PM ET

WPM company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

83

Deep Value

Momentum

27

Weakening

Sentiment

70

Bullish

Risk resilience

45

Elevated Risk

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AI-generated, informational only, and not investment advice.

Company profile

Company website

Wheaton Precious Metals Corp. functions as a streaming enterprise, primarily engaged in the global distribution of valuable metals. Its offerings encompass deposits of gold, silver, palladium, and cobalt. The company maintains a substantial portfolio, holding stakes in 23 operational mines and an additional 13 development ventures. Founded in 2004, the firm's headquarters are located in Vancouver, Canada. It operated under the name Silver Wheaton Corp. until May 2017, when it rebranded to its current title.

Industry
Gold
Sector
Basic Materials
Headquarters
CA
CEO
Haytham Henry Hodaly
Listed since
Jul 6, 2005
Employees
44

Market position

Day range

Current $157.78

52-week range

Current $157.78

Open
$154.7
Previous close
$150.25
Volume
2.89M
1.37× average
Average volume
2.12M
Average daily volume
Market cap
71.65B USD
Beta
1.19
Market reference 1
50-day average
$118.97
+32.62% above average
200-day average
$126.7
+24.53% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
52.2B USD
P/E (TTM)
34.91×
P/B (TTM)
7.39×
P/S (TTM)
22.59×
EV / EBITDA
25.54×
Earnings yield
2.81%
Free cash flow yield
1.08%
Dividend yield
0.48%

Profitability & efficiency

Gross margin
77.30%
Operating margin
72.80%
Net margin
64.66%
Return on equity
17.26%
Return on assets
16.36%
Return on invested capital
15.60%

Financial health

Debt / equity
0.2×
Current ratio
7.78×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends75%63%50%38%Gross margin, FY2021: 54.83%Gross margin, FY2022: 53.09%Gross margin, FY2023: 56.44%Gross margin, FY2024: 62.48%Gross margin, FY2025: 72.17%Operating margin, FY2021: 62.80%Operating margin, FY2022: 48.06%Operating margin, FY2023: 49.73%Operating margin, FY2024: 48.33%Operating margin, FY2025: 68.80%Net margin, FY2021: 62.82%Net margin, FY2022: 62.83%Net margin, FY2023: 52.92%Net margin, FY2024: 41.19%Net margin, FY2025: 63.58%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 54.83%. Gross margin FY2022 53.09%. Gross margin FY2023 56.44%. Gross margin FY2024 62.48%. Gross margin FY2025 72.17%. Operating margin FY2021 62.80%. Operating margin FY2022 48.06%. Operating margin FY2023 49.73%. Operating margin FY2024 48.33%. Operating margin FY2025 68.80%. Net margin FY2021 62.82%. Net margin FY2022 62.83%. Net margin FY2023 52.92%. Net margin FY2024 41.19%. Net margin FY2025 63.58%.

Income trends

Revenue

2.36B USD+83.33%

Operating income

1.62B USD+160.98%

Net income

1.5B USD+183.00%
Income trends across reported periods2.54B USD1.8B USD1.06B USD320.29M USDRevenue, FY2021: 1.2B USDRevenue, FY2022: 1.07B USDRevenue, FY2023: 1.02B USDRevenue, FY2024: 1.28B USDRevenue, FY2025: 2.36B USDOperating income, FY2021: 754.66M USDOperating income, FY2022: 511.9M USDOperating income, FY2023: 505.27M USDOperating income, FY2024: 620.83M USDOperating income, FY2025: 1.62B USDNet income, FY2021: 754.89M USDNet income, FY2022: 669.13M USDNet income, FY2023: 537.64M USDNet income, FY2024: 529.14M USDNet income, FY2025: 1.5B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.2B USD. Revenue FY2022 1.07B USD. Revenue FY2023 1.02B USD. Revenue FY2024 1.28B USD. Revenue FY2025 2.36B USD. Operating income FY2021 754.66M USD. Operating income FY2022 511.9M USD. Operating income FY2023 505.27M USD. Operating income FY2024 620.83M USD. Operating income FY2025 1.62B USD. Net income FY2021 754.89M USD. Net income FY2022 669.13M USD. Net income FY2023 537.64M USD. Net income FY2024 529.14M USD. Net income FY2025 1.5B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue2.36B USD1.28B USD1.02B USD1.07B USD1.2B USD
Cost of goods sold655.51M USD482.05M USD442.61M USD499.57M USD542.74M USD
Gross profit1.7B USD802.59M USD573.44M USD565.48M USD658.93M USD
Selling, general, and administrative79.36M USD61.57M USD58.37M USD53.19M USD52.12M USD
Operating expenses79.36M USD181.76M USD68.17M USD53.58M USD−95.73M USD
Interest income37.37M USD24.83M USD34.86M USD6.07M USD238.88K USD
Interest expense5.86M USD5.55M USD5.51M USD5.36M USD5.77M USD
Depreciation and amortization310.51M USD248.3M USD215.93M USD233.54M USD256.69M USD
Operating income1.62B USD620.83M USD505.27M USD511.9M USD754.66M USD
Net income1.5B USD529.14M USD537.64M USD669.13M USD754.89M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
82%
9 beats, 1 miss, 1 met estimate
Average EPS surprise
+6.69%
11 comparable reports
Latest EPS result
1.19
Estimate 1.15 · Beat by 3.48%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.351.020.70.37Q1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 13, 2025: actual 0.44, estimate 0.45, surprise -2.22%, Miss. Q2 2025, reported May 8, 2025: actual 0.55, estimate 0.516, surprise +6.59%, Beat. Q3 2025, reported Aug 7, 2025: actual 0.63, estimate 0.582, surprise +8.25%, Beat. Q4 2025, reported Nov 6, 2025: actual 0.62, estimate 0.586, surprise +5.80%, Beat. Q1 2026, reported Mar 12, 2026: actual 1.22, estimate 1.08, surprise +12.96%, Beat. Q2 2026, reported May 7, 2026: actual 1.28, estimate 1.24, surprise +3.23%, Beat. Q3 2026, reported Aug 6, 2026: actual 1.19, estimate 1.15, surprise +3.48%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 1.12, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates973.1M760.94M548.78M336.62MQ1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 13, 2025: actual 380.52M USD, estimate 382.57M USD, surprise -0.54%, Miss. Q2 2025, reported May 8, 2025: actual 470.41M USD, estimate 428.22M USD, surprise +9.85%, Beat. Q3 2025, reported Aug 7, 2025: actual 503.22M USD, estimate 474.86M USD, surprise +5.97%, Beat. Q4 2025, reported Nov 6, 2025: actual 476.26M USD, estimate 720.9M USD, surprise -33.94%, Miss. Q1 2026, reported Mar 12, 2026: actual 864.71M USD, estimate 778.85M USD, surprise +11.02%, Beat. Q2 2026, reported May 7, 2026: actual 901.47M USD, estimate 868.35M USD, surprise +3.81%, Beat. Q3 2026, reported Aug 6, 2026: actual 929.2M USD, estimate 879.29M USD, surprise +5.68%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 922.66M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$164.8

4.45% upside
Past 12 months12-month forecastHigh $180Average $164.8Low $150

Rating distribution

20 ratings
Strong buy00%
Buy1680%
Hold420%
Sell00%
Strong sell00%

Recent analyst actions

12 institutions
TD CowenmaintainBuy

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.66

2025 complete year+15.8% since 2021

2026 partial: $0.585

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Aug 20, 2026

$0.195

Quarterly

Record Aug 20, 2026 · Payment Sep 3, 2026

Dividend

Ex-dividend May 27, 2026

$0.195

Quarterly

Record May 27, 2026 · Payment Jun 9, 2026

Dividend

Ex-dividend Mar 31, 2026

$0.195

Quarterly

Record Mar 31, 2026 · Payment Apr 10, 2026

Dividend

Ex-dividend Nov 20, 2025

$0.165

Quarterly

Record Nov 20, 2025 · Payment Dec 4, 2025

Dividend

Ex-dividend Aug 21, 2025

$0.165

Quarterly

Record Aug 21, 2025 · Payment Sep 4, 2025

Dividend

Ex-dividend May 28, 2025

$0.165

Quarterly

Record May 28, 2025 · Payment Jun 10, 2025

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ETFs holding WPM

Funds reporting this stock among their holdings, ordered by reported position size.

VanEck Gold Miners ETF logoVanEck Gold Miners ETFGDX
Market value
1.75B
Weight
5.64%
AUM
31.98B USD
Expense ratio
0.51%
Price / 1D
$102.83+2.98%
Global X - Silver Miners ETF logoGlobal X - Silver Miners ETFSIL
Market value
1.29B
Weight
23.92%
AUM
5.43B USD
Expense ratio
0.65%
Price / 1D
$99.55+2.14%
Amplify Junior Silver Miners ETF logoAmplify Junior Silver Miners ETFSILJ
Market value
242.45M
Weight
5.75%
AUM
4.22B USD
Expense ratio
0.69%
Price / 1D
$31.93+0.95%
Horizon Kinetics Inflation Beneficiaries ETF logoHorizon Kinetics Inflation Beneficiaries ETFINFL
Market value
113.08M
Weight
6.84%
AUM
1.48B USD
Expense ratio
0.85%
Price / 1D
$55.64+1.53%
Sprott Silver Miners & Physical Silver ETF logoSprott Silver Miners & Physical Silver ETFSLVR
Market value
44.46M
Weight
5.49%
AUM
810.23M USD
Expense ratio
0.65%
Price / 1D
$63.55+0.70%
Invesco S&P International Developed Momentum ETF logoInvesco S&P International Developed Momentum ETFIDMO
Market value
41.77M
Weight
0.98%
AUM
—
Expense ratio
—
Price / 1D
$62.88+1.16%
First Eagle Overseas Equity ETF logoFirst Eagle Overseas Equity ETFFEOE
Market value
37.75M
Weight
2.06%
AUM
1.71B USD
Expense ratio
0.79%
Price / 1D
$56.68+0.85%
First Eagle Global Equity ETF logoFirst Eagle Global Equity ETFFEGE
Market value
35.85M
Weight
1.47%
AUM
2.4B USD
Expense ratio
0.79%
Price / 1D
$53.17+0.89%

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