Wheaton Precious Metals (WPM) Change in Working Capital (2009 - 2026)
Wheaton Precious Metals (WPM) reported Change in Working Capital of $19.3 million for Q1 2026, up 543.17% year-over-year from $3.0 million in Q1 2025, and up 210.43% quarter-over-quarter from $6.2 million in Q4 2025.
Wheaton Precious Metals (WPM) Change in Working Capital (2009 - 2026) Analysis & Trends
Wheaton Precious Metals (WPM) has 18 years of Change in Working Capital data on file, last reported at $19.3 million in Q1 2026.
- Change in Working Capital for Q1 2026 came in at $19.3 million, up 543.17% year-over-year; the trailing twelve-month figure through Mar 2026 was $19.3 million (up 141.57% YoY), and the FY2025 annual result was $16.5 million, down 23.54% from the prior year.
- Change in Working Capital grew to $19.3 million in Q1 2026 per WPM's latest filing, from $6.2 million in the prior quarter.
- Over five years, Change in Working Capital peaked at $22.3 million in Q2 2024 and troughed at -$1.2 million in Q2 2023.
- A 5-year average of $9.3 million and a median of $6.2 million in 2025 frame the typical range for Change in Working Capital.
- The sharpest annual moves came in 2023 and 2024: Change in Working Capital tumbled 107.48% in 2023, then jumped 13446.01% in 2024.
- A 5-year view of Change in Working Capital shows it stood at $507000.0 in 2022, then surged by 497.83% to $3.0 million in 2023, then tumbled by 40.45% to $1.8 million in 2024, then soared by 245.15% to $6.2 million in 2025, then surged by 210.43% to $19.3 million in 2026.
- Business Quant data shows WPM's Change in Working Capital at $19.3 million in Q1 2026, $6.2 million in Q4 2025, and -$470000.0 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | -468,879.26 |
| 2 | Barrick Mining | 996.87 Bn | 999.60 Bn | 3.12 Bn | -302.00 Mn |
| 3 | Wheaton Precious Metals | 410.57 Bn | 409.42 Bn | 699.37 Mn | 19.34 Mn |
| 4 | Alamos Gold | 136.28 Bn | 135.62 Bn | 442.20 Mn | -12.10 Mn |
| 5 | Gold Fields | 128.61 Bn | 126.83 Bn | - | - |
| 6 | Kinross Gold | 103.07 Bn | 100.89 Bn | 1.44 Bn | -7.30 Mn |
| 7 | Newmont | 100.59 Bn | 91.98 Bn | 7.29 Bn | - |
| 8 | Equinox Gold | 47.64 Bn | 47.14 Bn | - | -104.16 Mn |
| 9 | AngloGold Ashanti | 44.52 Bn | 41.55 Bn | 1.94 Bn | - |
| 10 | Aura Minerals | 44.23 Bn | 43.94 Bn | 19.58 Mn | -27.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.34 Mn |
| Mar 31, 2026 | 19.34 Mn |
| Dec 31, 2025 | 6.23 Mn |
| Dec 31, 2025 | 6.23 Mn |
| Sep 30, 2025 | -470,000.00 |
| Sep 30, 2025 | -470,000.00 |
| Jun 30, 2025 | 16.92 Mn |
| Jun 30, 2025 | 16.92 Mn |
| Mar 31, 2025 | 3.01 Mn |
| Mar 31, 2025 | 3.01 Mn |
| Dec 31, 2024 | 1.81 Mn |
| Dec 31, 2024 | 1.81 Mn |
| Sep 30, 2024 | 22.08 Mn |
| Sep 30, 2024 | 22.08 Mn |
| Jun 30, 2024 | 22.27 Mn |
| Jun 30, 2024 | 22.27 Mn |
| Mar 31, 2024 | 21.65 Mn |
| Mar 31, 2024 | 21.65 Mn |
| Dec 31, 2023 | 3.03 Mn |
| Dec 31, 2023 | 3.03 Mn |