Wheaton Precious Metals (WPM) Change in Working Capital (2009 - 2026)
Wheaton Precious Metals (WPM) posted quarterly Change in Working Capital of $18.8 million for Q1 2026, up 342.52% YoY from $4.2 million in Q1 2025, and down 54.09% sequentially from $40.9 million in Q4 2025.
Wheaton Precious Metals (WPM) Change in Working Capital (2009 - 2026) Analysis & Trends
Wheaton Precious Metals has disclosed Change in Working Capital across 18 years of filings, most recently posting $18.8 million for Q1 2026.
- In Q1 2026, Change in Working Capital rose 342.52% year-over-year to $18.8 million; the TTM figure through Mar 2026 stood at $35.4 million (up 758.54% YoY), while the FY2025 annual figure was $8.9 million, up 97.81% from the prior year.
- Change in Working Capital slipped to $18.8 million in Q1 2026, from $40.9 million in the prior quarter.
- Over the last five years, Change in Working Capital for WPM reached as high as $40.9 million in Q4 2025 and fell as low as -$17.5 million in Q3 2025.
- The 5-year median for Change in Working Capital is $2.1 million (2023), against an average of $2.0 million.
- The widest YoY moves for Change in Working Capital: up 1183.55% in 2025, down 717.27% in 2025.
- A 5-year view of Change in Working Capital shows it stood at $3.9 million in 2022, then tumbled by 45.97% to $2.1 million in 2023, then soared by 51.5% to $3.2 million in 2024, then soared by 1183.55% to $40.9 million in 2025, then tumbled by 54.09% to $18.8 million in 2026.
- According to Business Quant data, Change in Working Capital over the past three periods registered $18.8 million, $40.9 million, and -$17.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | -302.00 Mn |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | - |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | - |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | -10.47 Mn |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | 18.78 Mn |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | -27.35 Mn |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | 510.90 Mn |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | -7.30 Mn |
| 10 | Pan American Silver | 18.70 Bn | 17.09 Bn | 608,000.00 | -29.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.78 Mn |
| Mar 31, 2026 | 18.78 Mn |
| Dec 31, 2025 | 40.89 Mn |
| Dec 31, 2025 | 40.89 Mn |
| Sep 30, 2025 | -17.51 Mn |
| Sep 30, 2025 | -17.51 Mn |
| Jun 30, 2025 | -6.71 Mn |
| Jun 30, 2025 | -6.71 Mn |
| Mar 31, 2025 | -7.74 Mn |
| Mar 31, 2025 | -7.74 Mn |
| Dec 31, 2024 | 3.19 Mn |
| Dec 31, 2024 | 3.19 Mn |
| Sep 30, 2024 | 2.84 Mn |
| Sep 30, 2024 | 2.84 Mn |
| Jun 30, 2024 | -3.66 Mn |
| Jun 30, 2024 | -3.66 Mn |
| Mar 31, 2024 | 2.16 Mn |
| Mar 31, 2024 | 2.16 Mn |
| Dec 31, 2023 | 2.10 Mn |
| Dec 31, 2023 | 2.10 Mn |