Wheaton Precious Metals (WPM) Cash from Operations (2009 - 2026)
Wheaton Precious Metals' (WPM) quarterly Cash from Operations came in at $649.5 million in Q2 2026, up 56.53% year-over-year from $415.0 million in Q2 2025, and down 15.19% quarter-over-quarter from $765.8 million in Q1 2026.
Analysis
Wheaton Precious Metals (WPM) Cash from Operations (2009 - 2026) Analysis & Trends
Wheaton Precious Metals (WPM) has reported Cash from Operations for 18 consecutive years, with $649.5 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cash from Operations rose 56.53% year-over-year to $649.5 million in Q2 2026; TTM through Jun 2026 was $2.5 billion, a 88.55% increase from a year earlier, with the FY2025 full-year figure at $1.9 billion, up 85.38% from the prior year.
- Cash from Operations was $649.5 million for Q2 2026 at Wheaton Precious Metals, down from $765.8 million in the prior quarter.
- Over five years, Cash from Operations peaked at $765.8 million in Q1 2026 and troughed at $135.1 million in Q1 2023.
- A 5-year average of $324.6 million and a median of $238.3 million in 2023 frame the typical range for Cash from Operations.
- Across the five-year window, Cash from Operations slumped 35.83% in 2023 and jumped 133.6% in 2025, its largest moves.
- Over 5 years, Cash from Operations stood at $172.0 million in 2022, then surged by 40.81% to $242.2 million in 2023, then jumped by 31.89% to $319.5 million in 2024, then soared by 133.6% to $746.3 million in 2025, then decreased by 12.97% to $649.5 million in 2026.
- The last three Cash from Operations figures came in at $649.5 million (Q2 2026), $765.8 million (Q1 2026), and $746.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | Blackstone | 100.29 Bn | 97.79 Bn | - | 1.94 Bn |
| 2 | Kkr | 90.29 Bn | -186.78 Bn | - | 3.25 Bn |
| 3 | Apollo Global Management | 75.67 Bn | 50.30 Bn | 10.54 Bn | 2.88 Bn |
| 4 | Brookfield Asset Management | 75.51 Bn | 74.01 Bn | - | 545.00 Mn |
| 5 | Wheaton Precious Metals | 68.40 Bn | 68.30 Bn | 687.86 Mn | 649.52 Mn |
| 6 | Franco Nevada | 50.19 Bn | 48.65 Bn | 451.00 Mn | 482.50 Mn |
| 7 | Brookfield | 37.98 Bn | 7.42 Bn | 19.38 Bn | - |
| 8 | Ares Management | 29.57 Bn | 29.57 Bn | - | -351.45 Mn |
| 9 | Carlyle | 15.41 Bn | 14.15 Bn | - | -500,000.00 |
| 10 | Tpg | 7.73 Bn | 6.78 Bn | - | 347.69 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 649.52 Mn |
| Mar 31, 2026 | 765.82 Mn |
| Dec 31, 2025 | 746.28 Mn |
| Sep 30, 2025 | 382.95 Mn |
| Jun 30, 2025 | 414.96 Mn |
| Mar 31, 2025 | 360.79 Mn |
| Dec 31, 2024 | 319.47 Mn |
| Sep 30, 2024 | 254.34 Mn |
| Jun 30, 2024 | 234.39 Mn |
| Mar 31, 2024 | 219.38 Mn |
| Dec 31, 2023 | 242.23 Mn |
| Sep 30, 2023 | 171.10 Mn |
| Jun 30, 2023 | 202.38 Mn |
| Mar 31, 2023 | 135.10 Mn |
| Dec 31, 2022 | 172.03 Mn |
| Sep 30, 2022 | 154.50 Mn |
| Jun 30, 2022 | 206.36 Mn |
| Mar 31, 2022 | 210.54 Mn |
| Dec 31, 2021 | 195.29 Mn |
| Sep 30, 2021 | 201.29 Mn |