Wheaton Precious Metals (WPM) Equity Ratio (2009 - 2026)
Wheaton Precious Metals (WPM) posted quarterly Equity Ratio of 0.94 for Q1 2026, down 2.69% YoY from 0.96 in Q1 2025, and down 2.33% sequentially from 0.96 in Q3 2025.
Wheaton Precious Metals (WPM) Equity Ratio (2009 - 2026) Analysis & Trends
Wheaton Precious Metals has disclosed Equity Ratio across 13 years of filings, most recently posting 0.94 for Q1 2026.
- In Q1 2026, Equity Ratio fell 2.69% year-over-year to 0.94; the TTM figure through Mar 2026 stood at 0.94 (down 2.69% YoY), while the FY2025 annual figure was 0.95, down 2.6% from the prior year.
- Equity Ratio retreated to 0.94 in Q1 2026, from 0.96 in the prior quarter.
- Over the last five years, Equity Ratio for WPM reached as high as 1.0 in Q2 2023 and fell as low as 0.94 in Q1 2026.
- The 5-year median for Equity Ratio is 0.99 (2024), against an average of 0.98.
- Annual changes were most pronounced in 2022 — Equity Ratio grew 0.15% — and 2026, when it decreased 2.69%.
- A 5-year view of Equity Ratio shows it stood at 0.99 in 2022, then dropped by 0.02% to 0.99 in 2023, then fell by 0.56% 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.
- According to Business Quant data, Equity Ratio over the past three periods registered 0.94, 0.96, and 0.97 for Q1 2026, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | 0.70 |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | - |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 0.61 |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | - |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | 0.94 |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | - |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | 0.92 |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | 0.71 |
| 10 | Pan American Silver | 18.70 Bn | 17.09 Bn | 608,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 0.99 |
| Jun 30, 2023 | 1.00 |
| Dec 31, 2022 | 0.99 |
| Jun 30, 2022 | 1.00 |
| Dec 31, 2021 | 0.99 |
| Jun 30, 2021 | 0.99 |
| Mar 31, 2021 | 0.98 |
| Dec 31, 2020 | 0.96 |
| Sep 30, 2020 | 0.91 |
| Jun 30, 2020 | 0.88 |
| Mar 31, 2020 | 0.86 |
| Dec 31, 2019 | 0.85 |
| Sep 30, 2019 | 0.83 |
| Jun 30, 2019 | 0.82 |
| Mar 31, 2019 | 0.81 |