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MARKETS / NYSE / WPM
NYSE · GOLD AND SILVER ORES

Wheaton Precious Metals Corp. WPM

10 fiscal years on record · USD · FY2025 reported · SEC filings only
$2.3B
▲ 80.2% YoY
$1.5B
▲ 178.1% YoY
In brief

What this company does

Pursuant to its precious metal purchase agreements, Wheaton acquires metal production from counterparties for an initial upfront payment plus an additional cash payment for each ounce or pound delivered, fixed by contract generally at or below the prevailing market price. As of December 31, 2025, the Company had entered into 42 PMPAs with 34 different mining companies, relating to mining assets located in 18 countries. During the year ended December 31, 2025, sales to three financial institutions accounted for 37%, 26% and 10% of the Company's revenue. As of March 26, 2026, the Company and its subsidiaries had an aggregate of 47 employees.

Written from the business description in Wheaton Precious Metals Corp.'s annual report to the U.S. Securities and Exchange Commission, filed 31 March 2026. Every sentence was checked against that document before publication.

Growth
USD 2.3B
Revenue, FY2025 · full 10-year series below
Revenue $B Net income $B
FY2025 · Revenue 2.3 · Net income 1.5
0.8B1.6B2016201720182019202020212022202320242025
Compound annual growth
+29.5%
+16.1%
+30.0%
+23.7%
+29.8%
+23.5%
+7.7%
+12.1%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +16.1% a year over five years — but profit grew faster: net income at +23.7%, earnings per share at +23.5%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
64 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 68.3% · Net 63.6%
20%40%60%2016201720182019202020212022202320242025
ROE

Not available in our data for this period.

Cash & shareholders
USD 296.4M
returned in FY2025 · dividends + net buybacks
Net buybacks $M Dividends $M
FY2025 · Dividends 296.4 · Net buybacks —
100M200M-200M-400MDividendsNet buybacks2016201720182019202020212022202320242025

USD 296.4M in dividends — 20% of the year's profit went back to shareholders.

Total assetsUSD 9.1B
CashUSD 1.2B
Current ratio7.78×

Not available: we don't have the total debt figure for this period.

The 10-year record
10 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 2025202420232022202120202019201820172016
Revenue $B2.31.31.01.11.21.10.90.80.80.9
Operating income $B1.60.60.50.50.80.50.10.20.1·
EBITDA $B··········
Income tax $B0.20.10.00.0−0.0−0.0−0.00.0−0.0−0.0
Net income $B1.50.50.50.70.80.50.10.40.10.2
EPS, diluted $3.241.171.191.481.671.130.190.960.130.45
Dividend / sh $··········
Payout %2053493529331513121140
ROE %··········
Shares out B·0.450.450.450.450.450.450.440.440.44

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 50 reconciliationsAUDITED

Reconciled in 10 of 19 fiscal years. 45 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityGold and Silver Ores
Listed onNYSE
Incorporated inoutside the United States — SEC code A6
Fiscal year endsDecember 31
Data on record since2016

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