Wheaton Precious Metals (WPM) Net Cash Flow (2009 - 2026)
Wheaton Precious Metals (WPM) recorded Net Cash Flow of $2.44 billion in the quarter ended Jun 30, 2026, up 810.6% from $267.81 million a year earlier and up 218.0% from the prior quarter.
Wheaton Precious Metals (WPM) Net Cash Flow (2009 - 2026) Analysis & Trends
On a TTM basis, Wheaton Precious Metals' Net Cash Flow came in at $4.19 billion as of Jun 30, 2026, up 293.7% year-over-year; for the year ended Dec 31, 2025, it came in at $1.61 billion, up 112.9% from the prior year.
- Across earlier years, Net Cash Flow came in at $757.93 million in the year ended Dec 31, 2024 (+53.3%), $494.32 million in the year ended Dec 31, 2023 (-3.9%), $514.22 million in the year ended Dec 31, 2022 (+17.7%) and $436.76 million in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 is the highest quarterly Net Cash Flow in data going back to the quarter ended Mar 31, 2009.
- On a year-over-year basis, Net Cash Flow has increased for 12 consecutive quarters, with growth averaging 188.0% over the last eight quarters.
- Peak year-over-year performance for Net Cash Flow in the last five years was growth of 810.6% in the quarter ended Jun 30, 2026, against a decline of 35.0% in the quarter ended Sep 30, 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $766.8 million (quarter ended Mar 31, 2026), $672.81 million (quarter ended Dec 31, 2025) and $310.21 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.03 Bn | 110.39 Bn | - | 650.00 Mn |
| 2 | Spdr Gold Trust | 134.08 Bn | -423.92 Bn | - | - |
| 3 | Blackstone | 84.38 Bn | 79.31 Bn | - | 64.65 Mn |
| 4 | Brookfield | 81.99 Bn | -83.40 Bn | 4.47 Bn | - |
| 5 | Kkr | 81.98 Bn | 48.46 Bn | - | 1.70 Bn |
| 6 | Brookfield Asset Management | 71.20 Bn | 67.45 Bn | - | 410.00 Mn |
| 7 | Apollo Global Management | 66.86 Bn | 4.54 Bn | 10.56 Bn | 4.67 Bn |
| 8 | Wheaton Precious Metals | 60.68 Bn | 56.11 Bn | 687.86 Mn | 2.44 Bn |
| 9 | Franco Nevada | 45.90 Bn | 43.27 Bn | 451.00 Mn | 299.90 Mn |
| 10 | Ameriprise Financial | 43.48 Bn | 4.90 Bn | 4.72 Bn | 1.77 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.44 Bn |
| Mar 31, 2026 | 766.80 Mn |
| Dec 31, 2025 | 672.81 Mn |
| Sep 30, 2025 | 310.21 Mn |
| Jun 30, 2025 | 267.81 Mn |
| Mar 31, 2025 | 362.92 Mn |
| Dec 31, 2024 | 248.24 Mn |
| Sep 30, 2024 | 184.89 Mn |
| Jun 30, 2024 | 102.35 Mn |
| Mar 31, 2024 | 222.45 Mn |
| Dec 31, 2023 | 176.43 Mn |
| Sep 30, 2023 | 103.99 Mn |
| Jun 30, 2023 | 70.19 Mn |
| Mar 31, 2023 | 143.75 Mn |
| Dec 31, 2022 | 113.89 Mn |
| Sep 30, 2022 | 93.54 Mn |
| Jun 30, 2022 | 90.73 Mn |
| Mar 31, 2022 | 216.08 Mn |
| Dec 31, 2021 | 139.97 Mn |
| Sep 30, 2021 | 143.81 Mn |
Wheaton Precious Metals Net 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=net-cash-flow&ticker=WPM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-cash-flow&ticker=WPM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();