Wheaton Precious Metals (WPM) Free Cash Flow (2009 - 2026)
Wheaton Precious Metals' Free Cash Flow came in at $649.52 million for the quarter ended Jun 30, 2026, up 56.5% from $414.96 million a year earlier but down 15.2% from the prior quarter.
Wheaton Precious Metals (WPM) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Wheaton Precious Metals reported Free Cash Flow of $2.54 billion, up 88.5% year-over-year; for the year ended Dec 31, 2025, it came in at $1.9 billion, up 85.4% from the prior year.
- Free Cash Flow has increased in each of the last three years, with a five-year compound annual growth rate of 20.0% (years ended Dec 2020 to Dec 2025).
- Going back by year, Free Cash Flow was $1.03 billion in the year ended Dec 31, 2024 (+36.9%), $750.81 million in the year ended Dec 31, 2023 (+1.0%), $743.42 million in the year ended Dec 31, 2022 (-12.0%) and $845.15 million in the year ended Dec 31, 2021 (+10.4%).
- The five-year range for quarterly Free Cash Flow is $135.1 million (the quarter ended Mar 31, 2023) to $765.82 million (the quarter ended Mar 31, 2026).
- Year-over-year, Free Cash Flow has increased for 12 consecutive quarters, with growth averaging 71.9% over the last eight quarters.
- The fastest year-over-year change in Free Cash Flow over five years came in the quarter ended Dec 31, 2025 (growth of 133.6%), and the weakest in the quarter ended Mar 31, 2023 (a decline of 35.8%).
- Business Quant data shows WPM's Free Cash Flow at $765.82 million (quarter ended Mar 31, 2026), $746.28 million (quarter ended Dec 31, 2025) and $382.95 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.03 Bn | 110.39 Bn | - | 1.12 Bn |
| 2 | Spdr Gold Trust | 134.08 Bn | -423.92 Bn | - | - |
| 3 | Blackstone | 84.38 Bn | 79.31 Bn | - | 1.91 Bn |
| 4 | Brookfield | 81.99 Bn | -83.40 Bn | 4.47 Bn | - |
| 5 | Kkr | 81.98 Bn | 48.46 Bn | - | 3.20 Bn |
| 6 | Brookfield Asset Management | 71.20 Bn | 67.45 Bn | - | 535.00 Mn |
| 7 | Apollo Global Management | 66.86 Bn | 4.54 Bn | 10.56 Bn | 2.88 Bn |
| 8 | Wheaton Precious Metals | 60.68 Bn | 56.11 Bn | 687.86 Mn | 649.52 Mn |
| 9 | Franco Nevada | 45.90 Bn | 43.27 Bn | 451.00 Mn | 482.60 Mn |
| 10 | Ameriprise Financial | 43.48 Bn | 4.90 Bn | 4.72 Bn | 2.85 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 649.52 Mn |
| Mar 31, 2026 | 765.82 Mn |
| Dec 31, 2025 | 746.28 Mn |
| Sep 30, 2025 | 382.95 Mn |
| Jun 30, 2025 | 414.96 Mn |
| Mar 31, 2025 | 360.79 Mn |
| Dec 31, 2024 | 319.47 Mn |
| Sep 30, 2024 | 254.34 Mn |
| Jun 30, 2024 | 234.39 Mn |
| Mar 31, 2024 | 219.38 Mn |
| Dec 31, 2023 | 242.23 Mn |
| Sep 30, 2023 | 171.10 Mn |
| Jun 30, 2023 | 202.38 Mn |
| Mar 31, 2023 | 135.10 Mn |
| Dec 31, 2022 | 172.03 Mn |
| Sep 30, 2022 | 154.50 Mn |
| Jun 30, 2022 | 206.36 Mn |
| Mar 31, 2022 | 210.54 Mn |
| Dec 31, 2021 | 195.29 Mn |
| Sep 30, 2021 | 201.29 Mn |
Wheaton Precious Metals Free Cash Flow 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=free-cash-flow&ticker=WPM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=WPM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();