Wheaton Precious Metals (WPM) Invested Capital (2009 - 2026)
Wheaton Precious Metals' (WPM) quarterly Invested Capital came in at $11.7 billion in Q2 2026, up 50.76% year-over-year from $7.7 billion in Q2 2025, and up 26.14% quarter-over-quarter from $9.3 billion in Q1 2026.
Analysis
Wheaton Precious Metals (WPM) Invested Capital (2009 - 2026) Analysis & Trends
Wheaton Precious Metals (WPM) has reported Invested Capital for 18 consecutive years, with $11.7 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Invested Capital rose 50.76% year-over-year to $11.7 billion in Q2 2026; TTM through Jun 2026 was $11.7 billion, a 50.76% increase from a year earlier, with the FY2025 full-year figure at $8.7 billion, up 19.79% from the prior year.
- Invested Capital was $11.7 billion for Q2 2026 at Wheaton Precious Metals, up from $9.3 billion in the prior quarter.
- Over five years, Invested Capital peaked at $11.7 billion in Q2 2026 and troughed at $6.4 billion in Q1 2022.
- A 5-year average of $7.5 billion and a median of $7.1 billion in 2024 frame the typical range for Invested Capital.
- Across the five-year window, Invested Capital advanced 3.89% in 2024 and jumped 50.76% in 2026, its largest moves.
- Over 5 years, Invested Capital stood at $6.7 billion in 2022, then gained by 3.94% to $7.0 billion in 2023, then increased by 3.94% to $7.3 billion in 2024, then grew by 19.79% to $8.7 billion in 2025, then surged by 34.01% to $11.7 billion in 2026.
- The last three Invested Capital figures came in at $11.7 billion (Q2 2026), $9.3 billion (Q1 2026), and $8.7 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Blackstone | 96.72 Bn | 99.15 Bn | - | 34.26 Bn |
| 2 | Kkr | 90.68 Bn | -186.39 Bn | - | - |
| 3 | Brookfield | 85.87 Bn | 55.31 Bn | 19.38 Bn | 18.80 Bn |
| 4 | Brookfield Asset Management | 75.45 Bn | 75.19 Bn | - | 12.65 Bn |
| 5 | Apollo Global Management | 74.29 Bn | 69.40 Bn | 10.54 Bn | 55.21 Bn |
| 6 | Wheaton Precious Metals | 69.98 Bn | 69.88 Bn | 687.86 Mn | 11.67 Bn |
| 7 | Franco Nevada | 51.32 Bn | 49.78 Bn | 451.00 Mn | - |
| 8 | Ares Management | 47.41 Bn | 52.33 Bn | - | 13.18 Bn |
| 9 | Tpg | 18.64 Bn | 20.20 Bn | - | 6.09 Bn |
| 10 | Blue Owl Capital | 16.46 Bn | 19.91 Bn | - | 9.43 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.67 Bn |
| Mar 31, 2026 | 9.26 Bn |
| Dec 31, 2025 | 8.71 Bn |
| Sep 30, 2025 | 8.12 Bn |
| Jun 30, 2025 | 7.74 Bn |
| Mar 31, 2025 | 7.48 Bn |
| Dec 31, 2024 | 7.27 Bn |
| Sep 30, 2024 | 7.27 Bn |
| Jun 30, 2024 | 7.17 Bn |
| Mar 31, 2024 | 7.09 Bn |
| Dec 31, 2023 | 7.00 Bn |
| Sep 30, 2023 | 6.85 Bn |
| Jun 30, 2023 | 6.86 Bn |
| Mar 31, 2023 | 6.82 Bn |
| Dec 31, 2022 | 6.73 Bn |
| Sep 30, 2022 | 6.56 Bn |
| Jun 30, 2022 | 6.43 Bn |
| Mar 31, 2022 | 6.38 Bn |
| Dec 31, 2021 | 6.27 Bn |
| Sep 30, 2021 | 6.02 Bn |