Wheaton Precious Metals (WPM) EBT Margin (2009 - 2026)
Wheaton Precious Metals (WPM) posted quarterly EBT Margin of 76.67% for Q1 2026, up 1358.0% YoY from 5.26% in Q1 2025, and up 13.09% sequentially from 67.79% in Q4 2025.
Wheaton Precious Metals (WPM) EBT Margin (2009 - 2026) Analysis & Trends
Wheaton Precious Metals has disclosed EBT Margin across 18 years of filings, most recently posting 76.67% for Q1 2026.
- In Q1 2026, EBT Margin rose 1358.0% year-over-year to 76.67%; the TTM figure through Mar 2026 stood at 76.65% (up 1032.0% YoY), while the FY2025 annual figure was 73.36%, up 2321.0% from the prior year.
- EBT Margin climbed to 76.67% in Q1 2026, from 67.79% in the prior quarter.
- Over the last five years, EBT Margin for WPM reached as high as 95.26% in Q3 2022 and fell as low as 15.74% in Q4 2023.
- The 5-year median for EBT Margin is 63.09% (2025), against an average of 61.97%.
- Annual changes were most pronounced in 2022 — EBT Margin soared 4493 bps — and 2023, when it tumbled 4940 bps.
- A 5-year view of EBT Margin shows it stood at 65.14% in 2022, then plunged by 76 bps to 15.74% in 2023, then jumped by 109 bps to 32.94% in 2024, then soared by 106 bps to 67.79% in 2025, then increased by 13 bps to 76.67% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 76.67%, 67.79%, and 86.64% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | 62.61% |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | -21.82% |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 62.72% |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | 85.25% |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | 83.49% |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | 45.82% |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | 90.70% |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | 54.87% |
| 10 | Pan American Silver | 18.70 Bn | 17.09 Bn | 608,000.00 | 55.55% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 83.49% |
| Dec 31, 2025 | 67.79% |
| Sep 30, 2025 | 86.64% |
| Jun 30, 2025 | 67.17% |
| 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 | 54.46% |
| Jun 30, 2023 | 73.86% |
| Mar 31, 2023 | 48.87% |
| Dec 31, 2022 | 42.53% |
| Sep 30, 2022 | 69.78% |
| Jun 30, 2022 | 68.01% |
| Mar 31, 2022 | 68.52% |
| Dec 31, 2021 | 105.14% |
| Sep 30, 2021 | 50.33% |
| Jun 30, 2021 | 65.49% |