KPIs & Operating Metrics(New)
Growth Metrics

Wheaton Precious Metals (WPM) Gross Margin (2016 - 2026)

Wheaton Precious Metals (WPM) has 18 years of Gross Margin data on record, last reported at 77.58% in Q1 2026.

  • On a quarterly basis, Gross Margin rose 975.0% to 77.58% in Q1 2026 year-over-year; TTM through Mar 2026 was 76.73%, a 1171.0% increase, with the full-year FY2025 number at 72.22%, up 975.0% from a year prior.
  • Gross Margin reached 77.58% in Q1 2026 per WPM's latest filing, up from 76.73% in the prior quarter.
  • Over the last five years, Gross Margin for WPM hit a ceiling of 77.58% in Q1 2026 and a floor of 46.68% in Q3 2022.
  • A 5-year average of 61.75% and a median of 58.54% in 2022 define the central range for Gross Margin.
  • Peak YoY movement for Gross Margin: tumbled -963bps in 2022, then skyrocketed 1172bps in 2025.
  • Tracing WPM's Gross Margin over 5 years: stood at 53.59% in 2022, then rose by 5bps to 56.44% in 2023, then rose by 15bps to 65.02% in 2024, then increased by 18bps to 76.73% in 2025, then grew by 1bps to 77.58% in 2026.
  • Business Quant data shows Gross Margin for WPM at 77.58% in Q1 2026, 76.73% in Q4 2025, and 70.55% in Q3 2025.