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

Wheaton Precious Metals (WPM) reported EBITDA Margin of 83.38% for Q1 2026, up 8333.0% year-over-year from 0.99% in Q1 2025, and up 15.74% quarter-over-quarter from 72.04% in Q4 2025.

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

Wheaton Precious Metals (WPM) has 18 years of EBITDA Margin data on file, last reported at 83.38% in Q1 2026.

  • EBITDA Margin for Q1 2026 came in at 83.38%, up 8333.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 39.98% (up 3992.0% YoY), and the FY2025 annual result was 0.02%, down 6753.0% from the prior year.
  • EBITDA Margin advanced to 83.38% in Q1 2026 per WPM's latest filing, from 72.04% in the prior quarter.
  • Over five years, EBITDA Margin peaked at 83.38% in Q1 2026 and troughed at 0.05% in Q3 2023.
  • A 5-year average of 42.32% and a median of 64.74% in 2022 frame the typical range for EBITDA Margin.
  • The sharpest annual moves came in 2025 and 2026: EBITDA Margin sank 7472 bps in 2025, then jumped 8333 bps in 2026.
  • A 5-year view of EBITDA Margin shows it stood at 64.74% in 2022, then tumbled by 65 bps to 22.41% in 2023, then jumped by 119 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.
  • Business Quant data shows WPM's EBITDA Margin at 83.38% in Q1 2026, 72.04% in Q4 2025, and 0.06% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn - -
2 Barrick Mining 996.87 Bn 999.60 Bn 3.12 Bn 58.20%
3 Wheaton Precious Metals 410.57 Bn 409.42 Bn 699.37 Mn 83.38%
4 Alamos Gold 136.28 Bn 135.62 Bn 442.20 Mn 30.12%
5 Gold Fields 128.61 Bn 126.83 Bn - -
6 Kinross Gold 103.07 Bn 100.89 Bn 1.44 Bn 55.58%
7 Newmont 100.59 Bn 91.98 Bn 7.29 Bn 60.86%
8 Equinox Gold 47.64 Bn 47.14 Bn - -
9 AngloGold Ashanti 44.52 Bn 41.55 Bn 1.94 Bn 70.80%
10 Aura Minerals 44.23 Bn 43.94 Bn 19.58 Mn 67.78%

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 22.41%
Sep 30, 2023 0.05%
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%
Dec 31, 2020 74.17%