Wheaton Precious Metals (WPM) EBITDA Margin (2009 - 2026)
Wheaton Precious Metals' (WPM) quarterly EBITDA Margin came in at 84.97% in Q2 2026, up 455.0% year-over-year from 15.31% in Q2 2025, and up 1.91% quarter-over-quarter from 83.38% in Q1 2026.
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Analysis
Wheaton Precious Metals (WPM) EBITDA Margin (2009 - 2026) Analysis & Trends
Wheaton Precious Metals (WPM) has reported EBITDA Margin for 18 consecutive years, with 84.97% the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBITDA Margin rose 455.0% year-over-year to 84.97% in Q2 2026; TTM through Jun 2026 was 82.14%, a 1056.0% increase from a year earlier, with the FY2025 full-year figure at 81.46%, up 1391.0% from the prior year.
- EBITDA Margin was 84.97% for Q2 2026 at Wheaton Precious Metals, up from 83.38% in the prior quarter.
- Over five years, EBITDA Margin peaked at 84.97% in Q2 2026 and troughed at 49.01% in Q4 2024.
- A 5-year average of 73.48% and a median of 73.71% in 2023 frame the typical range for EBITDA Margin.
- Across the five-year window, EBITDA Margin slumped 6098 bps in 2022 and jumped 3029 bps in 2025, its largest moves.
- Over 5 years, EBITDA Margin stood at 64.74% in 2022, then climbed by 12 bps to 72.65% in 2023, then slumped by 33 bps to 49.01% in 2024, then jumped by 62 bps to 79.3% in 2025, then advanced by 7 bps to 84.97% in 2026.
- The last three EBITDA Margin figures came in at 84.97% (Q2 2026), 83.38% (Q1 2026), and 79.3% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Blackstone | 101.89 Bn | 99.39 Bn | - | 58.55% |
| 2 | Kkr | 90.81 Bn | -186.26 Bn | - | 35.61% |
| 3 | Apollo Global Management | 76.91 Bn | 51.54 Bn | 10.54 Bn | 47.97% |
| 4 | Brookfield Asset Management | 75.92 Bn | 74.41 Bn | - | 79.12% |
| 5 | Wheaton Precious Metals | 69.18 Bn | 69.08 Bn | 687.86 Mn | 84.97% |
| 6 | Franco Nevada | 50.60 Bn | 49.06 Bn | 451.00 Mn | 76.73% |
| 7 | Brookfield | 37.98 Bn | 7.42 Bn | 19.38 Bn | 176.87% |
| 8 | Ares Management | 30.19 Bn | 30.19 Bn | - | 34.32% |
| 9 | Carlyle | 15.60 Bn | 14.34 Bn | - | 27.77% |
| 10 | Tpg | 7.90 Bn | 6.96 Bn | - | 21.30% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 84.97% |
| Mar 31, 2026 | 83.38% |
| Dec 31, 2025 | 79.30% |
| Sep 30, 2025 | 80.10% |
| Jun 30, 2025 | 80.42% |
| Mar 31, 2025 | 78.10% |
| Dec 31, 2024 | 49.01% |
| Sep 30, 2024 | 75.09% |
| Jun 30, 2024 | 76.20% |
| 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% |