Wheaton Precious Metals (WPM) Enterprise Value (2009 - 2026)
Wheaton Precious Metals' Enterprise Value was $50.9 billion in the quarter ended Jun 30, 2026, up 28.1% from $39.73 billion a year earlier but down 11.2% from the prior quarter.
Wheaton Precious Metals (WPM) Enterprise Value (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Wheaton Precious Metals' Enterprise Value was $46.42 billion through Jun 30, 2026, up 25.0% year-over-year; for the year ended Dec 31, 2025, it was $52.2 billion, up 111.4% from the prior year.
- Enterprise Value has now increased for three consecutive years, with a five-year compound annual growth rate of 23.0% (years ended Dec 2020 to Dec 2025).
- In earlier years, Enterprise Value was $24.7 billion in the year ended Dec 31, 2024 (+13.2%), $21.81 billion in the year ended Dec 31, 2023 (+28.4%), $16.98 billion in the year ended Dec 31, 2022 (-11.2%) and $19.13 billion in the year ended Dec 31, 2021 (+3.0%).
- Quarterly Enterprise Value has moved between $14.1 billion (the quarter ended Sep 30, 2022) and $57.32 billion (the quarter ended Mar 31, 2026) over five years.
- Compared with a year earlier, Enterprise Value has increased for 13 straight quarters, with growth averaging 61.5% over the last eight quarters.
- The best year-over-year quarter for Enterprise Value over five years was the quarter ended Dec 31, 2025 (growth of 111.4%); the worst was the quarter ended Sep 30, 2021 (a decline of 24.2%).
- Per Business Quant data, WPM's Enterprise Value in the three quarters before the quarter ended Jun 30, 2026 was $57.32 billion (quarter ended Mar 31, 2026), $52.2 billion (quarter ended Dec 31, 2025) and $49.58 billion (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 165.57 Bn | 111.92 Bn | - |
| 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 | - |
| 5 | Brookfield | 82.01 Bn | -83.38 Bn | 4.47 Bn |
| 6 | Brookfield Asset Management | 71.83 Bn | 68.08 Bn | - |
| 7 | Apollo Global Management | 68.53 Bn | 6.22 Bn | 10.56 Bn |
| 8 | Wheaton Precious Metals | 61.44 Bn | 56.87 Bn | 687.86 Mn |
| 9 | Franco Nevada | 47.81 Bn | 45.18 Bn | 451.00 Mn |
| 10 | Ameriprise Financial | 43.92 Bn | 5.34 Bn | 4.72 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 50.90 Bn |
| Mar 31, 2026 | 57.32 Bn |
| Dec 31, 2025 | 52.20 Bn |
| Sep 30, 2025 | 49.58 Bn |
| Jun 30, 2025 | 39.73 Bn |
| Mar 31, 2025 | 34.13 Bn |
| Dec 31, 2024 | 24.70 Bn |
| Sep 30, 2024 | 26.98 Bn |
| Jun 30, 2024 | 23.21 Bn |
| Mar 31, 2024 | 21.05 Bn |
| Dec 31, 2023 | 21.81 Bn |
| Sep 30, 2023 | 17.51 Bn |
| Jun 30, 2023 | 18.72 Bn |
| Mar 31, 2023 | 20.98 Bn |
| Dec 31, 2022 | 16.98 Bn |
| Sep 30, 2022 | 14.10 Bn |
| Jun 30, 2022 | 15.80 Bn |
| Mar 31, 2022 | 21.08 Bn |
| Dec 31, 2021 | 19.13 Bn |
| Sep 30, 2021 | 16.52 Bn |
Wheaton Precious Metals Enterprise Value 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=enterprise-value&ticker=WPM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=WPM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();