Wheaton Precious Metals (WPM) EBT Margin (2009 - 2026)
Wheaton Precious Metals (WPM) posted EBT Margin of 72.76% for the quarter ended Jun 30, 2026, up 5.31 percentage points from 67.45% a year earlier but down 4.06 percentage points from the prior quarter.
Wheaton Precious Metals (WPM) EBT Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBT Margin at Wheaton Precious Metals was 73.78%, up 16.76 percentage points year-over-year; for the year ended Dec 31, 2025, it was 65.49%, up 14.90 percentage points from the prior year.
- Annual EBT Margin shows a five-year change of +17.87 percentage points (years ended Dec 2020 to Dec 2025).
- In prior years, Wheaton Precious Metals' EBT Margin was 50.59% in the year ended Dec 31, 2024 (-3.01 pp), 53.60% in the year ended Dec 31, 2023 (-9.80 pp), 63.40% in the year ended Dec 31, 2022 (+0.12 pp) and 63.28% in the year ended Dec 31, 2021 (+15.66 pp).
- Quarterly EBT Margin has run from a low of 33.31% in the quarter ended Dec 31, 2024 to a high of 105.69% in the quarter ended Dec 31, 2021 over five years.
- On a year-over-year basis, EBT Margin has increased in each of the last six quarters, with an average year-over-year change of +9.98 percentage points over the last eight quarters.
- The strongest year-over-year quarter for EBT Margin in the past five years was the quarter ended Dec 31, 2021, with a gain of 52.11 percentage points; the weakest was the quarter ended Sep 30, 2023, with a drop of 40.81 percentage points.
- According to Business Quant data, EBT Margin for the three prior quarters was 76.82% (quarter ended Mar 31, 2026), 65.49% (quarter ended Dec 31, 2025) and 86.94% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 166.01 Bn | 112.36 Bn | - | 38.38% |
| 2 | Spdr Gold Trust | 133.03 Bn | -424.98 Bn | - | - |
| 3 | Blackstone | 86.20 Bn | 81.13 Bn | - | 55.68% |
| 4 | Kkr | 83.71 Bn | 50.19 Bn | - | 24.00% |
| 5 | Brookfield | 81.54 Bn | -83.85 Bn | 4.47 Bn | -52.44% |
| 6 | Brookfield Asset Management | 71.09 Bn | 67.34 Bn | - | 76.10% |
| 7 | Apollo Global Management | 68.54 Bn | 6.22 Bn | 10.56 Bn | 22.28% |
| 8 | Wheaton Precious Metals | 61.57 Bn | 57.00 Bn | 687.86 Mn | 72.76% |
| 9 | Franco Nevada | 47.40 Bn | 44.76 Bn | 451.00 Mn | 77.95% |
| 10 | Ameriprise Financial | 43.81 Bn | 5.23 Bn | 4.72 Bn | 28.77% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 72.76% |
| Mar 31, 2026 | 76.82% |
| Dec 31, 2025 | 65.49% |
| Sep 30, 2025 | 86.94% |
| Jun 30, 2025 | 67.45% |
| Mar 31, 2025 | 63.39% |
| Dec 31, 2024 | 33.31% |
| Sep 30, 2024 | 59.55% |
| Jun 30, 2024 | 58.22% |
| Mar 31, 2024 | 55.75% |
| Dec 31, 2023 | 53.12% |
| Sep 30, 2023 | 55.09% |
| Jun 30, 2023 | 56.21% |
| Mar 31, 2023 | 49.51% |
| Dec 31, 2022 | 65.72% |
| Sep 30, 2022 | 95.90% |
| Jun 30, 2022 | 49.74% |
| Mar 31, 2022 | 51.93% |
| Dec 31, 2021 | 105.69% |
| Sep 30, 2021 | 50.84% |
Wheaton Precious Metals EBT 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=ebt-margin&ticker=WPM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=WPM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();