WPM vs TFPM vs HASI Stock Comparison

Wheaton Precious Metals, Triple Flag Precious Metals and HA Sustainable Infrastructure Capital Prices as of Oct 26, 2026 Peers: Industry group
WPM Wheaton Precious Metals Corp.
$122.36 -14.4% 1M +24.7% 1Y
Market cap
$56.55B
P/E
27.7x
Revenue (TTM)
-$35.66M
Div. yield
0.01%
Alternative Asset Managers Financial Services
5 wins

Head to Head

12 decided of 12

Wheaton Precious Metals leads on 5 of the 12 questions below (Wheaton Precious Metals 5, Triple Flag Precious Metals 4, HA Sustainable Infrastructure Capital 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionWPMTFPMHASILeader
Larger companyMarket capitalisation $56.55B $6.01B $4.74B WPM
Cheaper on earningsLower P/E, profitable companies only 27.7x 22.0x 55.0x TFPM
Cheaper on forward earningsLower price / next fiscal year consensus EPS 28.8x 21.2x 11.6x HASI
Faster revenue growthRevenue growth, trailing twelve months -6.5% +50.7% +26.5% TFPM
More profitableNet margin, trailing twelve months — 55.9% 18.6% TFPM
Better return on capitalReturn on invested capital 18.7% — 4.0% WPM
Less leveragedLower net debt / EBITDA 0.7x 0.4x 10.5x TFPM
Higher dividend yieldTrailing dividend yield 0.01% 0.01% 0.00% WPM
Better 1-year returnPrice return, last 12 months +24.7% +0.9% +25.0% HASI
Better 5-year returnAnnualised price return, 5 years +24.3%/yr — -9.8%/yr WPM
Less volatileAnnualised volatility, 1 year 50.7% 44.1% 29.5% HASI
Higher overall scoreMean of the five percentile scores vs peers 77/100 74/100 49/100 WPM

Percentile Scorecard

WPMTFPMHASI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisWPMTFPMHASI
Valuation 74 #49 of 184 54 #86 of 184 57 #80 of 184
Growth 92 #10 of 113 89 #13 of 113 75 #29 of 113
Profitability 98 #4 of 130 90 #14 of 130 60 #53 of 130
Financial Health 77 #39 of 167 90 #17 of 167 20 #134 of 167
Shareholder Returns 43 #44 of 76 48 #40 of 76 35 #50 of 76
Overall 77 74 49
  • WPM ranked among 212 companies in Asset and Wealth Management
  • TFPM ranked among 212 companies in Asset and Wealth Management
  • HASI ranked among 212 companies in Asset and Wealth Management

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodWPMTFPMHASISPY
1 month -14.4%-9.8%-0.9% -0.8%
3 months +9.2%-0.1%-5.9% +3.5%
6 months -10.4%-13.6%-13.5% +7.0%
Year to date +4.1%-12.6%+15.0% +12.2%
1 year +24.7%+0.9%+25.0% +13.0%
3 years +181.1%+123.6%+115.6% +86.3%
3 years, per year +41.2%+30.8%+29.2% +23.1%
5 years +196.5%—-40.4% +68.6%
5 years, per year +24.3%—-9.8% +11.0%
10 years +410.9%—+61.0% +258.0%
10 years, per year +17.7%—+4.9% +13.6%

Risk

MeasureWPMTFPMHASISPY
Volatility, 1Y 50.7%44.1%29.5% 12.7%
Downside volatility, 1Y 54.1%48.3%25.8% 12.7%
Beta vs S&P 500, 1Y 1.941.581.00 1.00
Return / volatility, 1Y 0.490.020.85 1.02
Max drawdown, 5Y -43.8%-35.1%-77.6% -25.4%
From 52-week high -26.2%-29.8%-16.5% -1.8%
52-week high $165.72$41.36$43.31 $779.14
52-week low $94.37$26.85$27.71 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleWPMTFPMHASI
P/E now vs peer median 27.2xmedian 33.6x 21.6xmedian 33.6x 53.6xmedian 33.6x
P/S now vs peer median -1,558xmedian 4.9x 12.3xmedian 4.9x 10.0xmedian 4.9x
EV/EBITDA now vs peer median 21.8xmedian 11.5x 16.2xmedian 11.5x 20.0xmedian 11.5x
P/FCF now vs peer median 21.8xmedian 13.2x -19.8xmedian 13.2x 22.2xmedian 13.2x
P/B now vs peer median 5.7xmedian 1.8x 2.6xmedian 1.8x 1.7xmedian 1.8x
PEG now vs peer median 0.47median 0.91 0.42median 0.91 10.95median 0.91

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsWPMTFPMHASI
Revenue -$35.66M $488.58M $462.89M
Gross profit $2.40B $344.78M –
Operating income $2.28B $304.60M –
Net income $2.05B $411.98M $88.30M
Free cash flow $2.54B -$302.33M $208.53M
R&D – $4.88M –
EPS (diluted) $4.48 $1.34 $0.60
Cash & equivalents $100.19M $15.20M $250.00M
Total debt $1.99B $248.00M $5.38B
Shares (diluted) 454.69M 204.07M 142.89M
Enterprise value $51.98B $5.59B $3.95B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricWPMTFPMHASI
P/E 27.2x 21.6x 53.6x
P/FCF 21.8x -19.8x 22.2x
P/Operating cash flow 21.8x 15.2x 22.2x
P/S -1,558x 12.3x 10.0x
P/B 5.7x 2.6x 1.7x
P/Tangible book 5.7x 2.6x 1.7x
EV/EBITDA 21.8x 16.2x 20.0x
EV/EBIT 25.2x 20.2x 20.6x
EV/Revenue -1,611x 12.6x 21.1x
EV/FCF 22.6x -20.4x 46.8x
EV/Operating cash flow 22.6x 15.6x 46.8x
PEG (3Y EPS CAGR) 0.47 0.42 10.95

Growth

14 metrics
MetricWPMTFPMHASI
Revenue growth (1Y) -6.5% 50.7% 26.5%
Revenue CAGR (3Y) -17.4% – 20.9%
Gross profit growth (1Y) 114.5% 76.5% –
Gross profit CAGR (3Y) 69.4% – –
Operating income growth (1Y) 149.2% 78.1% –
Operating income CAGR (3Y) 73.5% 63.0% –
Net income growth (1Y) 159.9% 139.3% -57.9%
Net income CAGR (3Y) 49.4% 89.2% 18.6%
EPS growth (1Y) 158.1% 840.2% -59.6%
EPS CAGR (3Y) 58.1% 51.5% 4.9%
Operating cash flow growth (1Y) 88.5% 48.0% 299.6%
Operating cash flow CAGR (3Y) 56.5% 43.8% 31.0%
Free cash flow growth (1Y) 88.5% -213.8% 299.6%
Free cash flow CAGR (3Y) 56.5% -52.7% 31.0%

Profitability

14 metrics
MetricWPMTFPMHASI
Gross margin – 70.6% –
EBITDA margin – 77.7% 105.4%
Operating margin – 62.3% –
Pretax margin – 91.5% 29.7%
Net margin – 55.9% 18.6%
FCF margin – -61.9% 45.0%
Operating cash flow margin -7,135% 80.9% 45.0%
Return on equity 21.5% 18.6% 3.4%
Return on assets 18.5% 17.2% 1.0%
Return on invested capital 18.7% – 4.0%
Return on capital employed 21.2% 12.9% –
Asset turnover 0.0x 0.2x 0.1x
Cash conversion (OCF / net income) 1.2x 1.0x 2.4x
Stock comp / revenue -67.5% 1.5% 7.6%

Financial Health

11 metrics
MetricWPMTFPMHASI
Debt / assets 16.3% 9.1% 60.1%
Debt / equity 0.2x 0.1x 2.0x
Net debt / EBITDA 0.7x 0.4x 10.5x
Debt / FCF 0.8x -0.8x 25.8x
Liabilities / assets 20.3% 11.3% 70.4%
Equity / assets 79.7% 88.7% 29.6%
Interest coverage 61.9x 83.2x 1.4x
Current ratio 0.5x 3.7x –
Quick ratio 0.5x 3.0x –
Cash ratio 0.4x 2.2x –
Altman Z-score 14.76 13.25 –

Shareholder Returns

7 metrics
MetricWPMTFPMHASI
Dividend yield 0.6% 0.8% 4.6%
Net buyback yield 0.0% 0.3% -2.5%
Shareholder yield 0.6% 1.2% 2.1%
Payout ratio (earnings) 23.5% 10.6% –
Payout ratio (FCF) 19.0% -14.4% –
Dividend growth (1Y) 11.7% 11.3% –
Dividend CAGR (3Y) 7.9% – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusWPMTFPMHASI
Forward P/E 28.8xFY2026 21.2xFY2026 11.6xFY2026
EPS, next fiscal year $4.25FY2026 $1.37FY2026 $3.11FY2026
EPS growth, next FY +40.7%FY2026 +35.6%FY2026 +15.2%FY2026
EPS growth, the year after +22.8% -0.7% +13.8%
Revenue, next fiscal year $3.35BFY2026 $490.34MFY2026 $450.27MFY2026
Revenue growth, next FY +45.2%FY2026 +26.1%FY2026 +12.4%FY2026
Revenue growth, the year after +24.2% +12.6% +18.6%
WPM estimates →TFPM estimates →HASI estimates →

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersWPMTFPMHASI
Held by institutions 63.9% 86.4% 100.0%
Institutions holding 846 224 406
Change in shares held, QoQ +2.8% +0.3% +4.4%
Institutions buying 419 129 212
Institutions selling 266 53 114
Buyers to sellers 1.58 2.43 1.86
WPM holders →TFPM holders →HASI holders →

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

WPMTFPMHASI
WPM 1.00 0.90 0.38
TFPM 0.90 1.00 0.35
HASI 0.38 0.35 1.00

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Frequently Asked Questions

Which is bigger, WPM, TFPM and HASI?

Wheaton Precious Metals (WPM) is the largest by market capitalisation: Wheaton Precious Metals (WPM) $56.55B, Triple Flag Precious Metals (TFPM) $6.01B, HA Sustainable Infrastructure Capital (HASI) $4.74B.

Which stock is cheaper, WPM, TFPM and HASI?

Triple Flag Precious Metals (TFPM) trades on the lowest price-to-earnings ratio (Wheaton Precious Metals (WPM) 27.7x, Triple Flag Precious Metals (TFPM) 22.0x, HA Sustainable Infrastructure Capital (HASI) 55.0x). On next year's consensus earnings, HA Sustainable Infrastructure Capital (HASI) is cheapest (Wheaton Precious Metals (WPM) 28.8x, Triple Flag Precious Metals (TFPM) 21.2x, HA Sustainable Infrastructure Capital (HASI) 11.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Triple Flag Precious Metals (TFPM) grew revenue fastest over the trailing twelve months: Wheaton Precious Metals (WPM) -6.5%, Triple Flag Precious Metals (TFPM) +50.7%, HA Sustainable Infrastructure Capital (HASI) +26.5%.

Which company is more profitable?

Triple Flag Precious Metals (TFPM) has the highest net margin (Triple Flag Precious Metals (TFPM) 55.9%, HA Sustainable Infrastructure Capital (HASI) 18.6%). On return on invested capital, Wheaton Precious Metals (WPM) leads (Wheaton Precious Metals (WPM) 18.7%, HA Sustainable Infrastructure Capital (HASI) 4.0%).

Which stock has performed better?

Over the past year HA Sustainable Infrastructure Capital (HASI) returned the most: Wheaton Precious Metals (WPM) +24.7%, Triple Flag Precious Metals (TFPM) +0.9%, HA Sustainable Infrastructure Capital (HASI) +25.0%. Over five years, Wheaton Precious Metals (WPM) compounded fastest (Wheaton Precious Metals (WPM) +24.3%/yr, HA Sustainable Infrastructure Capital (HASI) -9.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Wheaton Precious Metals (WPM) has the highest dividend yield: Wheaton Precious Metals (WPM) 0.01%, Triple Flag Precious Metals (TFPM) 0.01%, HA Sustainable Infrastructure Capital (HASI) 0.00%. HA Sustainable Infrastructure Capital (HASI) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, HA Sustainable Infrastructure Capital (HASI) has been the steadiest (Wheaton Precious Metals (WPM) 50.7%, Triple Flag Precious Metals (TFPM) 44.1%, HA Sustainable Infrastructure Capital (HASI) 29.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, WPM, TFPM and HASI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Wheaton Precious Metals (WPM) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.