Wheaton Precious Metals (WPM) EBT Margin (2009 - 2026)
Wheaton Precious Metals (WPM) posted quarterly EBT Margin of 83.49% for Q1 2026, up 803.0% year-over-year from 9.25% in Q1 2025, and up 23.15% quarter-over-quarter from 67.79% in Q4 2025.
Wheaton Precious Metals (WPM) EBT Margin (2009 - 2026) Analysis & Trends
Wheaton Precious Metals (WPM) has reported EBT Margin for 18 consecutive years, with 83.49% the latest figure, recorded in Q1 2026.
- In Q1 2026, EBT Margin rose 803.0% year-over-year to 83.49%; the TTM figure through Mar 2026 stood at 83.65% (down 1523.0% YoY), while the FY2025 annual figure was 80.94%, up 345.0% from the prior year.
- EBT Margin improved to 83.49% in Q1 2026 per WPM's latest filing, from 67.79% in the prior quarter.
- Across five years, EBT Margin topped out at 86332.55% in Q4 2024 and bottomed at 67.79% in Q4 2025.
- Historically, EBT Margin has averaged 5156.74% across 5 years, with a median of 77.03% in 2024.
- Annual changes were most pronounced in 2024 — EBT Margin jumped 8624698 bps — and 2025, when it sank 8626475 bps.
- Wheaton Precious Metals' EBT Margin stood at 174.01% in 2022, then sank by 51 bps to 85.57% in 2023, then jumped by 100794 bps to 86332.55% in 2024, then slumped by 100 bps to 67.79% in 2025, then grew by 23 bps to 83.49% in 2026.
- Business Quant data shows WPM's EBT Margin at 83.49% in Q1 2026, 67.79% in Q4 2025, and 86.64% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 136.03 Bn | 127.02 Bn | 4.03 Bn | 49.02% |
| 2 | Agnico Eagle Mines | 106.09 Bn | 102.63 Bn | 2.43 Bn | 61.08% |
| 3 | Barrick Mining | 77.15 Bn | 71.23 Bn | 2.90 Bn | 49.58% |
| 4 | Wheaton Precious Metals | 68.18 Bn | 68.08 Bn | 687.86 Mn | 69.42% |
| 5 | AngloGold Ashanti | 58.68 Bn | 55.85 Bn | 1.70 Bn | 53.48% |
| 6 | Gold Fields | 40.68 Bn | 38.90 Bn | - | - |
| 7 | Pan American Silver | 21.86 Bn | 20.29 Bn | 457,000.00 | 43.06% |
| 8 | Coeur Mining | 21.72 Bn | 20.67 Bn | 535.85 Mn | 19.81% |
| 9 | Royal Gold | 21.39 Bn | 21.20 Bn | 390.45 Mn | 65.65% |
| 10 | Alamos Gold | 15.41 Bn | 14.78 Bn | - | 69.01% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 69.42% |
| Mar 31, 2026 | 83.49% |
| Dec 31, 2025 | 67.79% |
| Sep 30, 2025 | 86.64% |
| Jun 30, 2025 | 81.08% |
| Mar 31, 2025 | 75.45% |
| Dec 31, 2024 | 86,332.55% |
| Sep 30, 2024 | 79.60% |
| Jun 30, 2024 | 77.03% |
| Mar 31, 2024 | 72.05% |
| Dec 31, 2023 | 85.57% |
| Sep 30, 2023 | 72.75% |
| Jun 30, 2023 | 73.86% |
| Mar 31, 2023 | 70.92% |
| Dec 31, 2022 | 174.01% |
| Sep 30, 2022 | 95.26% |
| Jun 30, 2022 | 68.01% |
| Mar 31, 2022 | 68.52% |
| Dec 31, 2021 | 149.39% |
| Sep 30, 2021 | 74.83% |