stockrowWheaton 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.
- Revenue
- +84.7%
- EPS
- +87.5%
- Free cash flow
- −5,848.0%
Quarter to June 2026, against a year earlier
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Wheaton Precious Metals Corp. (WPM) Gross margin
Wheaton Precious Metals Corp.'s gross margin over the twelve months to 30 June 2026 was 75.3%, up 3.0 percentage points from fiscal 2025 (72.2%). Over the past ten years it has ranged from 36.8% (fiscal 2016) to 72.2% (fiscal 2025) — the current reading is the highest in ten years. That is above the Gold industry median of 49.1% and above the Basic Materials sector median of 25.0%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 72.2% | 9.74 |
| FY2024 | 62.5% | 6.04 |
| FY2023 | 56.4% | 3.35 |
| FY2022 | 53.1% | (1.74) |
| FY2021 | 54.8% | 1.41 |
| FY2020 | 53.4% | 13.26 |
| FY2019 | 40.2% | 2.89 |
| FY2018 | 37.3% | (2.70) |
| FY2017 | 40.0% | 3.13 |
| FY2016 | 36.8% | (3.22) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 74.0% | (3.55) |
| Mar 2026 | 77.6% | 0.85 |
| Dec 2025 | 76.7% | 6.18 |
| Sep 2025 | 70.6% | 0.39 |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| RGLD Royal Gold, Inc. compare | 86.7% |
| FNV Franco-Nevada Corporation compare | 77.3% |
| WPM Wheaton Precious Metals Corp. | 75.3% |
| NEM Newmont Corporation compare | 69.2% |
| AU AngloGold Ashanti PLC compare | 54.8% |
| EQX Equinox Gold Corp. compare | 43.7% |
| GFI Gold Fields Limited compare | 38.7% |
| HMY Harmony Gold Mining Company Limited compare | 15.4% |
| CDE Coeur Mining, Inc. compare | 0.00% |
| Gold industry median | 49.1% |
| Basic Materials sector median | 25.0% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on WPM
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement