Wheaton Precious Metals (WPM) Equity Ratio (2015 - 2026)

Wheaton Precious Metals (WPM) reported Equity Ratio of 0.94 for Q1 2026, down 2.69% year-over-year from 0.96 in Q1 2025, and down 2.33% quarter-over-quarter from 0.96 in Q3 2025.

Wheaton Precious Metals (WPM) Equity Ratio (2015 - 2026) Analysis & Trends

Wheaton Precious Metals (WPM) has 11 years of Equity Ratio data on file, last reported at 0.94 in Q1 2026.

  • Equity Ratio for Q1 2026 came in at 0.94, down 2.69% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.94 (down 2.69% YoY), and the FY2025 annual result was 0.95, down 2.6% from the prior year.
  • Equity Ratio declined to 0.94 in Q1 2026 per WPM's latest filing, from 0.96 in the prior quarter.
  • Over five years, Equity Ratio peaked at 1.0 in Q2 2023 and troughed at 0.94 in Q1 2026.
  • A 5-year average of 0.98 and a median of 0.98 in 2024 frame the typical range for Equity Ratio.
  • The sharpest annual moves came in 2022 and 2026: Equity Ratio grew 0.15% in 2022, then decreased 2.69% in 2026.
  • A 5-year view of Equity Ratio shows it stood at 0.99 in 2022, then advanced by 0.14% to 1.0 in 2023, then decreased by 0.72% to 0.99 in 2024, then fell by 2.71% to 0.96 in 2025, then fell by 2.33% to 0.94 in 2026.
  • Business Quant data shows WPM's Equity Ratio at 0.94 in Q1 2026, 0.96 in Q3 2025, and 0.97 in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn - 0.67
2 Barrick Mining 1,048.41 Bn 1,051.14 Bn 3.12 Bn 0.70
3 Wheaton Precious Metals 429.35 Bn 428.20 Bn 699.37 Mn 0.94
4 Alamos Gold 144.86 Bn 144.19 Bn 442.20 Mn -
5 Gold Fields 136.49 Bn 134.71 Bn - -
6 Kinross Gold 110.14 Bn 107.96 Bn 1.44 Bn 0.71
7 Newmont 106.92 Bn 98.31 Bn 7.29 Bn 0.61
8 Equinox Gold 51.34 Bn 50.84 Bn - -
9 AngloGold Ashanti 47.89 Bn 44.92 Bn 1.94 Bn -
10 Aura Minerals 47.46 Bn 47.17 Bn 19.58 Mn 0.25

Historic Data

Download Data
DateValue
Mar 31, 2026 0.94
Sep 30, 2025 0.96
Jun 30, 2025 0.97
Mar 31, 2025 0.96
Jun 30, 2024 0.99
Jun 30, 2023 1.00
Dec 31, 2022 0.99
Jun 30, 2022 1.00
Dec 31, 2021 0.99
Sep 30, 2021 0.99
Jun 30, 2021 0.99
Mar 31, 2019 0.81
Dec 31, 2018 0.80
Jun 30, 2018 0.84
Dec 31, 2017 0.86
Dec 31, 2016 0.80
Dec 31, 2015 0.74