Wheaton Precious Metals (WPM) EBITDA Margin (2009 - 2026)

Wheaton Precious Metals (WPM) posted quarterly EBITDA Margin of 83.38% for Q1 2026, up 8333.0% YoY from 0.99% in Q1 2025, and up 15.74% sequentially from 72.04% in Q4 2025.

Wheaton Precious Metals (WPM) EBITDA Margin (2009 - 2026) Analysis & Trends

Wheaton Precious Metals has disclosed EBITDA Margin across 18 years of filings, most recently posting 83.38% for Q1 2026.

  • In Q1 2026, EBITDA Margin rose 8333.0% year-over-year to 83.38%; the TTM figure through Mar 2026 stood at 39.98% (up 3992.0% YoY), while the FY2025 annual figure was 0.02%, down 6753.0% from the prior year.
  • EBITDA Margin improved to 83.38% in Q1 2026, from 72.04% in the prior quarter.
  • Over the last five years, EBITDA Margin for WPM reached as high as 83.38% in Q1 2026 and fell as low as 0.05% in Q1 2025.
  • The 5-year median for EBITDA Margin is 70.67% (2022), against an average of 49.45%.
  • Annual changes were most pronounced in 2025 — EBITDA Margin tumbled 7472 bps — and 2026, when it jumped 8333 bps.
  • A 5-year view of EBITDA Margin shows it stood at 64.74% in 2022, then advanced by 12 bps to 72.65% in 2023, then tumbled by 33 bps to 49.01% in 2024, then soared by 47 bps to 72.04% in 2025, then climbed by 16 bps to 83.38% in 2026.
  • According to Business Quant data, EBITDA Margin over the past three periods registered 83.38%, 72.04%, and 0.06% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Barrick Mining 978.09 Bn 980.39 Bn 3.12 Bn 58.20%
2 Trx Gold 189.48 Bn 189.48 Bn 21.05 Mn -40.43%
3 Newmont 101.22 Bn 92.61 Bn 7.29 Bn 60.86%
4 OR Royalties 53.18 Bn 53.08 Bn 88.84 Mn 94.75%
5 Wheaton Precious Metals 50.59 Bn 48.43 Bn 699.37 Mn 83.38%
6 Aura Minerals 50.25 Bn 50.25 Bn 19.58 Mn 67.78%
7 Franco Nevada 40.21 Bn 39.50 Bn 526.30 Mn 84.59%
8 Gold Fields 30.19 Bn 28.41 Bn - -
9 Kinross Gold 28.01 Bn 25.95 Bn 1.44 Bn 55.58%
10 Pan American Silver 18.70 Bn 17.09 Bn 608,000.00 55.72%

Historic Data

Download Data
DateValue
Mar 31, 2026 83.38%
Dec 31, 2025 72.04%
Sep 30, 2025 0.06%
Jun 30, 2025 0.06%
Mar 31, 2025 0.05%
Dec 31, 2024 49.01%
Sep 30, 2024 0.06%
Jun 30, 2024 0.06%
Mar 31, 2024 74.77%
Dec 31, 2023 72.65%
Sep 30, 2023 71.10%
Jun 30, 2023 71.59%
Mar 31, 2023 66.97%
Dec 31, 2022 64.74%
Sep 30, 2022 72.37%
Jun 30, 2022 71.15%
Mar 31, 2022 70.67%
Dec 31, 2021 125.73%
Sep 30, 2021 71.70%
Jun 30, 2021 70.67%