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| Date | Value |
|---|---|
| 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% |