Wheaton Precious Metals (WPM) Asset Utilization Ratio (2009 - 2026)
Wheaton Precious Metals' (WPM) Asset Utilization Ratio was 0.30 for the quarter ended Jun 30, 2026, up 41.0% from 0.21 a year earlier but down 0.9% from the prior quarter.
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Analysis
Wheaton Precious Metals (WPM) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2024, Asset Utilization Ratio at Wheaton Precious Metals was 0.32, up 118.9% from the prior year.
- By year, Asset Utilization Ratio came in at 0.15 in the year ended Dec 31, 2023 (-9.7%), 0.16 in the year ended Dec 31, 2022 (-16.8%), 0.20 in the year ended Dec 31, 2021 (+9.5%) and 0.18 in the year ended Dec 31, 2020 (+32.6%).
- Five-year quarterly Asset Utilization Ratio spans a low of 0.14 in the quarter ended Jun 30, 2023 and a high of 0.34 in the quarter ended Mar 31, 2025.
- Year over year, Asset Utilization Ratio gained in six of the last eight quarters, with growth averaging 42.5%.
- The high point for year-over-year Asset Utilization Ratio in five years was the quarter ended Mar 31, 2025 (growth of 117.6%); the low point was the quarter ended Jun 30, 2023 (a decline of 24.3%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 0.30 (quarter ended Mar 31, 2026), 0.28 (quarter ended Dec 31, 2025) and 0.22 (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.03 Bn | 110.39 Bn | - | 0.16 |
| 2 | Spdr Gold Trust | 134.08 Bn | -423.92 Bn | - | - |
| 3 | Blackstone | 84.38 Bn | 79.31 Bn | - | 0.33 |
| 4 | Brookfield | 81.99 Bn | -83.40 Bn | 4.47 Bn | 0.29 |
| 5 | Kkr | 81.98 Bn | 48.46 Bn | - | 0.05 |
| 6 | Brookfield Asset Management | 71.20 Bn | 67.45 Bn | - | 0.30 |
| 7 | Apollo Global Management | 66.86 Bn | 4.54 Bn | 10.56 Bn | 0.07 |
| 8 | Wheaton Precious Metals | 60.68 Bn | 56.11 Bn | 687.86 Mn | 0.30 |
| 9 | Franco Nevada | 45.90 Bn | 43.27 Bn | 451.00 Mn | 0.26 |
| 10 | Ameriprise Financial | 43.48 Bn | 4.90 Bn | 4.72 Bn | 0.10 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.30 |
| Mar 31, 2026 | 0.30 |
| Dec 31, 2025 | 0.28 |
| Sep 30, 2025 | 0.22 |
| Jun 30, 2025 | 0.21 |
| Mar 31, 2025 | 0.34 |
| Dec 31, 2024 | 0.31 |
| Sep 30, 2024 | 0.17 |
| Jun 30, 2024 | 0.16 |
| Mar 31, 2024 | 0.15 |
| Dec 31, 2023 | 0.15 |
| Sep 30, 2023 | 0.14 |
| Jun 30, 2023 | 0.14 |
| Mar 31, 2023 | 0.14 |
| Dec 31, 2022 | 0.16 |
| Sep 30, 2022 | 0.17 |
| Jun 30, 2022 | 0.18 |
| Mar 31, 2022 | 0.19 |
| Dec 31, 2021 | 0.19 |
| Sep 30, 2021 | 0.20 |
API Access
Wheaton Precious Metals Asset Utilization Ratio 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=asset-utilization-ratio&ticker=WPM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "WPM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=WPM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();