Saturday 17 October 2026
Export WPM’s income statement to Excel — free account
Wheaton Precious Metals Corp.
WPM Basic Materials Gold
Wheaton Precious Metals Corp.’s revenue for fiscal 2025 (year ended December 2025) was $2.3 billion, up 80.2% from fiscal 2024. In the quarter to June 2026, revenue grew 84.7%, EPS grew 87.5% and free cash flow fell 5,848.0%, each against the same quarter a year earlier. Dividend growth for five consecutive years, operating cash flow growth for three.
133.78
0.62
+0.47%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
44.04 | 171.54 | 20.24 | 156.58 | 36.94 | 25.55 | 27.23 | 40.70 | 48.48 | 36.27 |
Piotroski F-Score |
6 | 6 | 4 | 6 | 8 | 8 | 5 | 5 | 7 | 7 |
P/S ratio |
9.57 | 11.69 | 10.91 | 15.41 | 17.08 | 16.08 | 17.20 | 21.58 | 19.85 | 23.05 |
Altman Z-Score |
4.76 | 8.16 | 4.62 | 9.02 | 47.26 | 252.97 | 251.85 | 294.65 | 93.98 | 75.21 |
Altman Z″-Score (non-manufacturers) |
5.47 | 7.80 | 5.32 | 7.09 | 26.56 | 144.72 | 169.59 | 163.10 | 49.09 | 24.56 |
P/FCF ratio |
0.00 | 18.32 | 0.00 | 26.07 | 24.48 | 42.56 | 25.38 | 165.28 | 63.86 | 94.64 |
P/Operating CF |
48.84 | 59.70 | 79.84 | 100.63 | 90.06 | 98.95 | 106.50 | 90.53 | 79.83 | 71.48 |
Beneish M-Score |
(1.48) | (2.17) | (2.82) | (0.74) | 3.79 | (1.42) | (2.66) | 0.24 | (3.49) | 0.60 |
P/B ratio |
1.73 | 2.01 | 1.67 | 2.49 | 3.28 | 3.09 | 2.73 | 3.14 | 3.51 | 6.14 |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 79 |
Price to Tangible BV |
1.73 | 2.01 | 1.67 | 2.49 | 3.28 | 3.09 | 2.73 | 3.14 | 3.51 | 6.14 |
EV/Sales |
10.77 | 12.48 | 12.40 | 16.30 | 17.09 | 15.90 | 16.55 | 21.05 | 19.22 | 22.55 |
EV/EBITDA |
15.90 | 18.61 | 19.79 | 25.52 | 24.46 | 22.35 | 23.92 | 29.66 | 25.25 | 27.66 |
EV/Operating CF |
16.43 | 19.54 | 20.63 | 27.99 | 24.47 | 22.60 | 23.71 | 28.49 | 24.03 | 27.40 |
EV/FCF |
(43.60) | 19.56 | (23.32) | 27.59 | 24.48 | 42.07 | 24.42 | 161.21 | 61.83 | 92.61 |
Quick Ratio |
6.64 | 8.38 | 2.71 | 1.72 | 6.37 | 8.00 | 22.99 | 21.57 | 27.94 | 7.76 |
Current Ratio |
6.72 | 8.52 | 2.76 | 2.39 | 6.48 | 8.41 | 23.44 | 21.76 | 28.07 | 7.78 |
Net Debt/EBITDA |
1.77 | 1.19 | 2.39 | 1.40 | 0.00 | (0.26) | (0.94) | (0.76) | (0.84) | (0.61) |
Debt/Assets |
19.39% | 13.55% | 19.54% | 13.93% | 3.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Debt/Equity |
0.24 | 0.16 | 0.24 | 0.16 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Asset Turnover |
0.15 | 0.14 | 0.13 | 0.14 | 0.18 | 0.20 | 0.16 | 0.15 | 0.18 | 0.28 |
Operating CF/Net income |
2.99 | 9.34 | 1.12 | 5.82 | 1.51 | 1.12 | 1.11 | 1.40 | 1.94 | 1.29 |
Capex/Depreciation |
(2.60) | 0.00 | (3.55) | 0.03 | 0.00 | (1.52) | (0.09) | (2.88) | (2.54) | (4.40) |
Interest Coverage |
12.15 | 9.95 | 5.93 | 5.98 | 31.10 | 102.79 | 90.10 | 91.70 | 131.50 | 274.59 |
| 4.29% | 1.17% | 8.48% | 1.64% | 9.20% | 12.62% | 10.32% | 7.85% | 7.43% | 18.45% | |
| 3.31% | 0.97% | 7.03% | 1.35% | 8.30% | 12.32% | 10.25% | 7.80% | 7.32% | 17.78% | |
ROIC |
3.06% | 3.39% | 2.40% | 2.99% | 5.68% | 6.20% | 5.22% | 4.90% | 7.08% | 13.12% |
Return on Tangible Assets |
3.23% | 1.04% | 6.84% | 1.47% | 238.14% | 290.02% | 90.46% | 8.00% | 7.27% | 17.23% |
Average Days of Receivables |
0.95 | 1.38 | 1.10 | 3.02 | 1.96 | 3.52 | 3.49 | 5.75 | 1.77 | 7.37 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
3.86% | 4.11% | 6.50% | 6.33% | 5.99% | 4.53% | 5.25% | 5.99% | 4.98% | 3.42% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Share Based Compensation of Revenue |
0.17% | 0.62% | 1.88% | 1.57% | 1.35% | 0.19% | 1.88% | 0.63% | 1.81% | 1.40% |
Graham Net Nets |
(0.13) | (0.07) | (0.14) | (0.06) | 0.00 | 0.01 | 0.04 | 0.02 | 0.03 | 0.01 |
Graham Number |
10.78 | 5.69 | 15.91 | 7.14 | 17.99 | 22.91 | 22.33 | 20.32 | 20.44 | 37.36 |
Earnings Yield |
2.27% | 0.58% | 4.94% | 0.64% | 2.71% | 3.91% | 3.67% | 2.46% | 2.06% | 2.76% |
Free Cash Flow Yield |
(2.58%) | 5.46% | (4.88%) | 3.84% | 4.09% | 2.35% | 3.94% | 0.61% | 1.57% | 1.06% |
Revenue per Share |
2.07 | 1.91 | 1.79 | 1.93 | 2.44 | 2.67 | 2.36 | 2.24 | 2.83 | 5.10 |
Operating CF per Share |
1.36 | 1.22 | 1.08 | 1.12 | 1.71 | 1.88 | 1.65 | 1.66 | 2.27 | 4.20 |
Capex per Share |
(1.87) | 0.00 | (2.03) | 0.02 | 0.00 | (0.87) | (0.05) | (1.37) | (1.39) | (2.96) |
Free Cash Flow per Share |
(0.51) | 1.22 | (0.95) | 1.14 | 1.71 | 1.01 | 1.60 | 0.28 | 0.87 | 1.24 |
Cash per Share |
0.29 | 0.22 | 0.17 | 0.23 | 0.43 | 0.50 | 1.54 | 1.21 | 1.80 | 2.54 |
Shareholders Equity per Share |
11.48 | 11.09 | 11.66 | 11.94 | 12.74 | 13.88 | 14.88 | 15.43 | 16.01 | 19.15 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
11.48 | 11.09 | 11.66 | 11.94 | 12.74 | 13.88 | 14.88 | 15.43 | 16.01 | 19.15 |
Free Cash Flow |
(220.22) | 538.11 | (422.25) | 508.94 | 765.12 | 454.01 | 721.76 | 128.17 | 396.23 | 563.61 |
Working Capital |
109.04 | 91.27 | 50.86 | 90.05 | 170.66 | 220.03 | 689.38 | 541.34 | 798.58 | 1,049.48 |
Capital Expenditures |
(804.52) | (0.70) | (899.66) | 7.32 | (0.32) | (391.14) | (21.67) | (622.64) | (631.35) | (1,341.37) |
Net Current Asset Value |
(1,085.24) | (680.23) | (1,218.43) | (797.33) | (40.87) | 203.69 | 677.86 | 521.74 | 663.00 | 768.90 |
EV/EBIT |
32.66 | 34.82 | 40.31 | 48.17 | 36.03 | 31.94 | 35.02 | 42.33 | 33.84 | 33.00 |
Capex to Sales |
0.90 | 0.00 | 1.13 | (0.01) | 0.00 | 0.33 | 0.02 | 0.61 | 0.49 | 0.58 |
Price to Operating Income |
29.02 | 32.60 | 35.45 | 45.53 | 36.03 | 32.32 | 36.40 | 43.40 | 34.95 | 33.73 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.05 | 0.05 | 0.04 | 0.04 | 5.77 | 6.38 | 4.64 | 0.04 | 0.04 | 0.04 |
Cash ROIC |
(3.52%) | 9.33% | (6.48%) | 8.07% | 12.54% | 7.01% | 9.74% | 1.70% | 4.91% | 5.73% |
Accounts Receivable Turnover |
518.35 | 306.07 | 284.08 | 180.69 | 168.38 | 137.65 | 97.87 | 77.56 | 115.58 | 87.44 |
Accounts Payable Turnover |
39.21 | 33.54 | 31.13 | 32.54 | 41.15 | 40.26 | 37.69 | 34.01 | 35.69 | 35.61 |
Inventory Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 51.93 | 74.37 | 0.00 | 0.00 |
Average Days of Payables |
11.71 | 8.74 | 14.57 | 8.35 | 9.31 | 9.37 | 9.18 | 11.10 | 10.26 | 12.81 |
Days of Inventory on Hand |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.86 | 7.69 | 1.13 | 0.00 | 0.00 |
Average Receivables |
1.72 | 2.76 | 2.80 | 4.77 | 6.51 | 8.73 | 10.88 | 13.10 | 11.12 | 26.47 |
Average Payables |
14.36 | 15.09 | 16.00 | 15.84 | 12.41 | 13.48 | 13.25 | 13.01 | 13.51 | 18.06 |
Average Inventory |
— | — | — | — | — | — | 9.62 | 5.95 | — | — |
Average Assets |
5,892.77 | 5,918.32 | 6,076.68 | 6,374.03 | 6,117.64 | 6,126.71 | 6,528.03 | 6,895.55 | 7,227.82 | 8,275.12 |
Average Common Equity |
4,545.36 | 4,919.83 | 5,035.79 | 5,248.92 | 5,520.25 | 5,982.34 | 6,483.90 | 6,851.60 | 7,122.45 | 7,974.94 |
Columns are period end dates