Triple Flag Precious Metals (TFPM) Depreciation and Depletion (2023 - 2026)
Triple Flag Precious Metals' Depreciation and Depletion was $16.34 million in Q2 2026, down 21.0% from $20.68 million a year earlier and down 18.9% from the prior quarter.
Triple Flag Precious Metals (TFPM) Depreciation and Depletion (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, Triple Flag Precious Metals' Depreciation and Depletion was $74.51 million through Jun 30, 2026, down 9.0% year-over-year; for FY2025, it came in at $79.26 million, up 4.9% from FY2024.
- Depreciation and Depletion has now increased for three consecutive years, with a four-year compound annual growth rate of 188.1% (FY2021 to FY2025).
- In earlier years, Depreciation and Depletion was $75.55 million in FY2024 (+16.0%), $65.11 million in FY2023 (+30.0%), $50.09 million in FY2022 and $1.15 million in FY2021.
- The Q2 2026 figure marks the lowest quarterly Depreciation and Depletion since Q2 2023.
- Compared with a year earlier, Depreciation and Depletion was higher in five of the last eight quarters, with growth averaging 5.6%.
- The best year-over-year quarter for Depreciation and Depletion over five years was Q3 2024 (growth of 27.8%); the worst was Q2 2026 (a decline of 21.0%).
- Per Business Quant data, TFPM's Depreciation and Depletion in the three quarters before Q2 2026 was $20.14 million (Q1 2026), $19.4 million (Q4 2025) and $18.63 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 165.06 Bn | 111.42 Bn | - | - |
| 2 | Spdr Gold Trust | 134.74 Bn | -423.26 Bn | - | - |
| 3 | Blackstone | 84.49 Bn | 79.41 Bn | - | - |
| 4 | Brookfield | 82.12 Bn | -83.26 Bn | 4.47 Bn | - |
| 5 | Kkr | 81.93 Bn | 48.41 Bn | - | - |
| 6 | Brookfield Asset Management | 71.19 Bn | 67.44 Bn | - | - |
| 7 | Apollo Global Management | 65.87 Bn | 3.55 Bn | 10.56 Bn | - |
| 8 | Wheaton Precious Metals | 60.57 Bn | 55.99 Bn | 687.86 Mn | - |
| 9 | Franco Nevada | 45.46 Bn | 42.82 Bn | 451.00 Mn | 84.00 Mn |
| 10 | Triple Flag Precious Metals | 6.29 Bn | 6.05 Bn | 88.25 Mn | 16.34 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.34 Mn |
| Mar 31, 2026 | 20.14 Mn |
| Dec 31, 2025 | 19.40 Mn |
| Sep 30, 2025 | 18.63 Mn |
| Jun 30, 2025 | 20.68 Mn |
| Mar 31, 2025 | 20.55 Mn |
| Dec 31, 2024 | 19.19 Mn |
| Sep 30, 2024 | 21.49 Mn |
| Jun 30, 2024 | 17.16 Mn |
| Mar 31, 2024 | 17.72 Mn |
| Dec 31, 2023 | 16.63 Mn |
| Sep 30, 2023 | 16.81 Mn |
| Jun 30, 2023 | 15.74 Mn |
| Mar 31, 2023 | 15.93 Mn |
Triple Flag Precious Metals Depreciation and Depletion API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=TFPM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "TFPM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=TFPM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();