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
Follow WPM
Alert me
Wheaton Precious Metals Corp. (WPM) Operating margin
Wheaton Precious Metals Corp.'s operating margin over the twelve months to 30 June 2026 was 72.6%, up 4.3 percentage points from fiscal 2025 (68.3%). Over the past ten years it has ranged from 30.8% (fiscal 2018) to 68.3% (fiscal 2025) — the current reading is the highest in ten years. That is above the Gold industry median of 21.9% and above the Basic Materials sector median of 2.88%.
Operating margin, annual
Embed this chart
Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 68.3% | 11.53 |
| FY2024 | 56.8% | 7.07 |
| FY2023 | 49.7% | 2.47 |
| FY2022 | 47.3% | (2.50) |
| FY2021 | 49.8% | 2.34 |
| FY2020 | 47.4% | 13.58 |
| FY2019 | 33.8% | 3.07 |
| FY2018 | 30.8% | (5.09) |
| FY2017 | 35.9% | 2.89 |
| FY2016 | 33.0% | (2.12) |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 71.8% | (3.06) |
| Mar 2026 | 74.9% | 0.17 |
| Dec 2025 | 74.7% | 8.43 |
| Sep 2025 | 66.3% | 0.73 |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| FNV Franco-Nevada Corporation compare | 78.5% |
| WPM Wheaton Precious Metals Corp. | 72.6% |
| RGLD Royal Gold, Inc. compare | 62.0% |
| NEM Newmont Corporation compare | 51.8% |
| AU AngloGold Ashanti PLC compare | 48.6% |
| EQX Equinox Gold Corp. compare | 35.9% |
| CDE Coeur Mining, Inc. compare | 29.7% |
| GFI Gold Fields Limited compare | 0.00% |
| HMY Harmony Gold Mining Company Limited compare | 0.00% |
| Gold industry median | 21.9% |
| Basic Materials sector median | 2.88% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on WPM
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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