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.
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Wheaton Precious Metals Corp. (WPM) P/E ratio
As of 16 October 2026, Wheaton Precious Metals Corp. (WPM) trades at a P/E ratio of 29.6×. Over the past ten years it has ranged from 0.0× (September 2019) to 2,703× (September 2016); the current reading is higher than 29% of that period. That is above the Gold industry median of 22.3× and above the Basic Materials sector median of 19.5×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 36.3× | (25.19%) |
| FY2024 | 48.5× | 19.13% |
| FY2023 | 40.7× | 49.47% |
| FY2022 | 27.2× | 6.55% |
| FY2021 | 25.6× | (30.82%) |
| FY2020 | 36.9× | (76.41%) |
| FY2019 | 157× | 673.60% |
| FY2018 | 20.2× | (88.20%) |
| FY2017 | 172× | 289.47% |
| FY2016 | 44.0× | — |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 24.8× | (24.89%) |
| Mar 2026 | 33.1× | (8.79%) |
| Dec 2025 | 36.3× | (28.65%) |
| Sep 2025 | 50.8× | (2.06%) |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| EQX Equinox Gold Corp. compare | 10.7× |
| AU AngloGold Ashanti PLC compare | 12.4× |
| CDE Coeur Mining, Inc. compare | 13.0× |
| NEM Newmont Corporation compare | 14.9× |
| GFI Gold Fields Limited compare | 22.3× |
| RGLD Royal Gold, Inc. compare | 26.0× |
| WPM Wheaton Precious Metals Corp. | 29.6× |
| FNV Franco-Nevada Corporation compare | 31.7× |
| HMY Harmony Gold Mining Company Limited compare | 52.5× |
| Gold industry median | 22.3× |
| Basic Materials sector median | 19.5× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)