Wheaton Precious Metals WPM
NYSE WPM
$156.73 +1.62 (+1.04%)
As of: Sep 9, 2026 · 3:59 PM EDT

Wheaton Precious Metals (WPM) FCF Margin (2009 - 2026)

Wheaton Precious Metals' (WPM) quarterly FCF Margin came in at 69.9% in Q2 2026, down 1256.0% year-over-year from 6.05% in Q2 2025, and down 17.72% quarter-over-quarter from 84.95% in Q1 2026.

Analysis

Wheaton Precious Metals (WPM) FCF Margin (2009 - 2026) Analysis & Trends

Wheaton Precious Metals (WPM) has reported FCF Margin for 18 consecutive years, with 69.9% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, FCF Margin fell 1256.0% year-over-year to 69.9% in Q2 2026; TTM through Jun 2026 was 77.57%, a 362.0% decrease from a year earlier, with the FY2025 full-year figure at 82.3%, up 231.0% from the prior year.
  • FCF Margin was 69.9% for Q2 2026 at Wheaton Precious Metals, down from 84.95% in the prior quarter.
  • Over five years, FCF Margin peaked at 84.95% in Q1 2026 and troughed at 63.0% in Q1 2023.
  • A 5-year average of 75.74% and a median of 76.66% in 2023 frame the typical range for FCF Margin.
  • Across the five-year window, FCF Margin jumped 1092 bps in 2024 and tumbled 1256 bps in 2026, its largest moves.
  • Over 5 years, FCF Margin stood at 72.88% in 2022, then gained by 6 bps to 77.27% in 2023, then rose by 9 bps to 83.96% in 2024, then retreated by 9 bps to 76.65% in 2025, then retreated by 9 bps to 69.9% in 2026.
  • The last three FCF Margin figures came in at 69.9% (Q2 2026), 84.95% (Q1 2026), and 76.65% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Blackstone 102.43 Bn 104.87 Bn - 37.86%
2 Kkr 96.71 Bn -180.36 Bn - 55.96%
3 Brookfield Asset Management 80.84 Bn 80.57 Bn - 30.52%
4 Apollo Global Management 76.99 Bn 72.09 Bn 10.54 Bn 25.83%
5 Wheaton Precious Metals 70.37 Bn 70.27 Bn 687.86 Mn 69.90%
6 Franco Nevada 51.31 Bn 49.77 Bn 451.00 Mn 83.08%
7 Ares Management 50.50 Bn 55.42 Bn - -26.91%
8 Brookfield 37.98 Bn 7.42 Bn 19.38 Bn -
9 Tpg 20.58 Bn 22.14 Bn - 17.82%
10 Blue Owl Capital 18.30 Bn 21.75 Bn - 60.15%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 69.90%
Mar 31, 2026 84.95%
Dec 31, 2025 76.65%
Sep 30, 2025 80.41%
Jun 30, 2025 82.46%
Mar 31, 2025 76.70%
Dec 31, 2024 83.96%
Sep 30, 2024 82.51%
Jun 30, 2024 78.38%
Mar 31, 2024 73.91%
Dec 31, 2023 77.27%
Sep 30, 2023 76.68%
Jun 30, 2023 76.38%
Mar 31, 2023 63.00%
Dec 31, 2022 72.88%
Sep 30, 2022 70.60%
Jun 30, 2022 68.12%
Mar 31, 2022 68.53%
Dec 31, 2021 70.20%
Sep 30, 2021 74.84%