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
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
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