Wheaton Precious Metals (WPM) Free Cash Flow (2009 - 2026)
Wheaton Precious Metals' Free Cash Flow came in at $649.52 million for Q2 2026, up 56.5% from $414.96 million a year earlier but down 15.2% from the prior quarter.
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Analysis
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 FY2025, it came in at $1.9 billion, up 85.4% from FY2024.
- Free Cash Flow has increased in each of the last three years, with a five-year compound annual growth rate of 20.0% (FY2020 to FY2025).
- Going back by year, Free Cash Flow was $1.03 billion in FY2024 (+36.9%), $750.81 million in FY2023 (+1.0%), $743.42 million in FY2022 (-12.0%) and $845.15 million in FY2021 (+10.4%).
- The five-year range for quarterly Free Cash Flow is $135.1 million (Q1 2023) to $765.82 million (Q1 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 Q4 2025 (growth of 133.6%), and the weakest in Q1 2023 (a decline of 35.8%).
- Business Quant data shows WPM's Free Cash Flow at $765.82 million (Q1 2026), $746.28 million (Q4 2025) and $382.95 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 188.98 Bn | 145.51 Bn | - | 2.61 Bn |
| 2 | Spdr Gold Trust | 130.03 Bn | -427.97 Bn | - | - |
| 3 | Brookfield | 104.97 Bn | -79.04 Bn | - | - |
| 4 | Blackstone | 93.15 Bn | 87.36 Bn | - | 1.92 Bn |
| 5 | Kkr | 90.40 Bn | 57.10 Bn | 1.76 Bn | 2.10 Bn |
| 6 | Brookfield Asset Management | 85.45 Bn | 80.34 Bn | - | 521.00 Mn |
| 7 | Apollo Global Management | 72.50 Bn | 89.29 Bn | 4.14 Bn | 136.00 Mn |
| 8 | Wheaton Precious Metals | 62.02 Bn | 62.02 Bn | 538.50 Mn | 644.86 Mn |
| 9 | Ares Management | 50.21 Bn | 48.79 Bn | 376.28 Mn | -121.47 Mn |
| 10 | Franco Nevada | 49.31 Bn | 46.68 Bn | 451.00 Mn | 482.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 644.86 Mn |
| 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 |
API Access
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();