Wheaton Precious Metals (WPM) Depreciation and Depletion (2009 - 2026)
Wheaton Precious Metals (WPM) posted quarterly Depreciation and Depletion of $77.3 million for Q1 2026, little changed YoY from $77.0 million in Q1 2025, and down 10.74% sequentially from $86.6 million in Q4 2025.
Wheaton Precious Metals (WPM) Depreciation and Depletion (2009 - 2026) Analysis & Trends
Wheaton Precious Metals has disclosed Depreciation and Depletion across 18 years of filings, most recently posting $77.3 million for Q1 2026.
- In Q1 2026, Depreciation and Depletion changed 0.38% year-over-year to $77.3 million; the TTM figure through Mar 2026 stood at $305.5 million (up 16.91% YoY), while the FY2025 annual figure was $305.2 million, up 22.9% from the prior year.
- Depreciation and Depletion fell to $77.3 million in Q1 2026, from $86.6 million in the prior quarter.
- Over the last five years, Depreciation and Depletion for WPM reached as high as $86.6 million in Q4 2025 and fell as low as $45.4 million in Q1 2023.
- The 5-year median for Depreciation and Depletion is $64.0 million (2024), against an average of $63.5 million.
- Annual changes were most pronounced in 2023 — Depreciation and Depletion slipped 21.46% — and 2024, when it soared 41.03%.
- A 5-year view of Depreciation and Depletion shows it stood at $53.5 million in 2022, then climbed by 28.69% to $68.9 million in 2023, then gained by 0.43% to $69.2 million in 2024, then increased by 25.13% to $86.6 million in 2025, then fell by 10.74% to $77.3 million in 2026.
- According to Business Quant data, Depreciation and Depletion over the past three periods registered $77.3 million, $86.6 million, and $66.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | 500.00 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 | - |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | 77.28 Mn |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | - |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | - |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | - |
| 10 | Pan American Silver | 18.70 Bn | 17.09 Bn | 608,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 77.28 Mn |
| Mar 31, 2026 | 77.28 Mn |
| Dec 31, 2025 | 86.58 Mn |
| Dec 31, 2025 | 86.58 Mn |
| Sep 30, 2025 | 66.27 Mn |
| Sep 30, 2025 | 66.27 Mn |
| Jun 30, 2025 | 75.32 Mn |
| Jun 30, 2025 | 75.32 Mn |
| Mar 31, 2025 | 76.99 Mn |
| Mar 31, 2025 | 76.99 Mn |
| Dec 31, 2024 | 69.19 Mn |
| Dec 31, 2024 | 69.19 Mn |
| Sep 30, 2024 | 55.89 Mn |
| Sep 30, 2024 | 55.89 Mn |
| Jun 30, 2024 | 59.21 Mn |
| Jun 30, 2024 | 59.21 Mn |
| Mar 31, 2024 | 64.01 Mn |
| Mar 31, 2024 | 64.01 Mn |
| Dec 31, 2023 | 68.90 Mn |
| Dec 31, 2023 | 68.90 Mn |