Wheaton Precious Metals (WPM) EBT Margin (2009 - 2026)
Wheaton Precious Metals' (WPM) quarterly EBT Margin came in at 84.55% in Q2 2026, up 348.0% year-over-year from 18.87% in Q2 2025, and up 1.28% quarter-over-quarter from 83.49% in Q1 2026.
Analysis
Wheaton Precious Metals (WPM) EBT Margin (2009 - 2026) Analysis & Trends
Wheaton Precious Metals (WPM) has reported EBT Margin for 18 consecutive years, with 84.55% the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBT Margin rose 348.0% year-over-year to 84.55% in Q2 2026; TTM through Jun 2026 was 78.82%, a 1062.0% increase from a year earlier, with the FY2025 full-year figure at 80.94%, up 345.0% from the prior year.
- EBT Margin was 84.55% for Q2 2026 at Wheaton Precious Metals, up from 83.49% in the prior quarter.
- Over five years, EBT Margin peaked at 95.26% in Q3 2022 and troughed at 32.94% in Q4 2024.
- A 5-year average of 71.98% and a median of 73.3% in 2023 frame the typical range for EBT Margin.
- Across the five-year window, EBT Margin slumped 2252 bps in 2023 and soared 3225 bps in 2025, its largest moves.
- Over 5 years, EBT Margin stood at 65.14% in 2022, then retreated by 19 bps to 52.68% in 2023, then plunged by 37 bps to 32.94% in 2024, then surged by 98 bps to 65.2% in 2025, then rose by 30 bps to 84.55% in 2026.
- The last three EBT Margin figures came in at 84.55% (Q2 2026), 83.49% (Q1 2026), and 65.2% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Blackstone | 102.43 Bn | 104.87 Bn | - | 55.68% |
| 2 | Kkr | 96.71 Bn | -180.36 Bn | - | 24.00% |
| 3 | Brookfield Asset Management | 80.84 Bn | 80.57 Bn | - | 76.10% |
| 4 | Apollo Global Management | 76.99 Bn | 72.09 Bn | 10.54 Bn | 22.28% |
| 5 | Wheaton Precious Metals | 70.37 Bn | 70.27 Bn | 687.86 Mn | 84.55% |
| 6 | Franco Nevada | 51.31 Bn | 49.77 Bn | 451.00 Mn | 77.95% |
| 7 | Ares Management | 50.50 Bn | 55.42 Bn | - | 27.02% |
| 8 | Brookfield | 37.98 Bn | 7.42 Bn | 19.38 Bn | 177.84% |
| 9 | Tpg | 20.58 Bn | 22.14 Bn | - | 19.33% |
| 10 | Blue Owl Capital | 18.30 Bn | 21.75 Bn | - | 9.42% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 84.55% |
| Mar 31, 2026 | 83.49% |
| Dec 31, 2025 | 65.20% |
| Sep 30, 2025 | 86.64% |
| Jun 30, 2025 | 81.08% |
| Mar 31, 2025 | 75.45% |
| Dec 31, 2024 | 32.94% |
| Sep 30, 2024 | 79.60% |
| Jun 30, 2024 | 77.03% |
| Mar 31, 2024 | 72.05% |
| Dec 31, 2023 | 52.68% |
| Sep 30, 2023 | 72.75% |
| Jun 30, 2023 | 73.86% |
| Mar 31, 2023 | 61.41% |
| Dec 31, 2022 | 65.14% |
| Sep 30, 2022 | 95.26% |
| Jun 30, 2022 | 68.01% |
| Mar 31, 2022 | 68.52% |
| Dec 31, 2021 | 70.26% |
| Sep 30, 2021 | 74.83% |