Wheaton Precious Metals (WPM) EBITDA Margin (2009 - 2026)
Wheaton Precious Metals' EBITDA Margin was 85.00% in the quarter ended Jun 30, 2026, up 4.52 percentage points from 80.49% a year earlier and up 1.58 percentage points from the prior quarter.
Wheaton Precious Metals (WPM) EBITDA Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Wheaton Precious Metals' EBITDA Margin was 80.19% through Jun 30, 2026, up 8.53 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 95.06%, up 27.41 percentage points from the prior year.
- EBITDA Margin shows a five-year change of +25.22 percentage points (years ended Dec 2020 to Dec 2025).
- In earlier years, EBITDA Margin was 67.66% in the year ended Dec 31, 2024 (-3.32 pp), 70.98% in the year ended Dec 31, 2023 (+0.99 pp), 69.99% in the year ended Dec 31, 2022 (-14.17 pp) and 84.16% in the year ended Dec 31, 2021 (+14.32 pp).
- The figure for the quarter ended Jun 30, 2026 marks the highest quarterly EBITDA Margin since the quarter ended Dec 31, 2021.
- Compared with a year earlier, EBITDA Margin has increased for six straight quarters, with an average year-over-year change of +3.25 percentage points over the last eight quarters.
- The best year-over-year quarter for EBITDA Margin over five years was the quarter ended Dec 31, 2021 (a gain of 51.57 percentage points); the worst was the quarter ended Dec 31, 2022 (a drop of 60.99 percentage points).
- Per Business Quant data, WPM's EBITDA Margin in the three quarters before the quarter ended Jun 30, 2026 was 83.43% (quarter ended Mar 31, 2026), 72.61% (quarter ended Dec 31, 2025) and 80.16% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 165.57 Bn | 111.92 Bn | - | 40.18% |
| 2 | Spdr Gold Trust | 134.78 Bn | -423.22 Bn | - | - |
| 3 | Blackstone | 85.82 Bn | 80.74 Bn | - | - |
| 4 | Kkr | 83.68 Bn | 50.16 Bn | - | 35.54% |
| 5 | Brookfield | 82.01 Bn | -83.38 Bn | 4.47 Bn | -39.99% |
| 6 | Brookfield Asset Management | 71.83 Bn | 68.08 Bn | - | 79.86% |
| 7 | Apollo Global Management | 68.53 Bn | 6.22 Bn | 10.56 Bn | 20.01% |
| 8 | Wheaton Precious Metals | 61.44 Bn | 56.87 Bn | 687.86 Mn | 85.00% |
| 9 | Franco Nevada | 47.81 Bn | 45.18 Bn | 451.00 Mn | 91.19% |
| 10 | Ameriprise Financial | 43.92 Bn | 5.34 Bn | 4.72 Bn | 24.26% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 85.00% |
| Mar 31, 2026 | 83.43% |
| Dec 31, 2025 | 72.61% |
| Sep 30, 2025 | 80.16% |
| Jun 30, 2025 | 80.49% |
| Mar 31, 2025 | 78.16% |
| Dec 31, 2024 | 49.09% |
| Sep 30, 2024 | 75.21% |
| Jun 30, 2024 | 76.31% |
| Mar 31, 2024 | 74.89% |
| Dec 31, 2023 | 72.77% |
| Sep 30, 2023 | 71.26% |
| Jun 30, 2023 | 71.73% |
| Mar 31, 2023 | 67.15% |
| Dec 31, 2022 | 64.91% |
| Sep 30, 2022 | 72.55% |
| Jun 30, 2022 | 71.28% |
| Mar 31, 2022 | 70.80% |
| Dec 31, 2021 | 125.90% |
| Sep 30, 2021 | 71.87% |
Wheaton Precious Metals EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=WPM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "WPM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=WPM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();