Wheaton Precious Metals (WPM) Net Cash Flow (2009 - 2026)
Wheaton Precious Metals (WPM) recorded Net Cash Flow of -$2.06 billion in Q2 2026, compared with -$79.86 million a year earlier.
Wheaton Precious Metals (WPM) Net Cash Flow (2009 - 2026) Analysis & Trends
On a TTM basis, Wheaton Precious Metals' Net Cash Flow came in at -$900.36 million as of Jun 30, 2026; for FY2025, it came in at $335.28 million, up 23.3% from FY2024.
- Annual Net Cash Flow has a five-year compound annual growth rate of 30.6% (FY2020 to FY2025).
- Across earlier years, Net Cash Flow came in at $271.89 million in FY2024, -$150.08 million in FY2023, $470.24 million in FY2022 and $33.32 million in FY2021 (-62.2%).
- The Q2 2026 figure is the lowest quarterly Net Cash Flow in data going back to Q1 2009.
- Peak year-over-year performance for Net Cash Flow in the last five years was growth of 708.7% in Q2 2024, against a decline of 88.9% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.01 billion (Q1 2026), -$4.11 million (Q4 2025) and $151.84 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 187.99 Bn | 130.51 Bn | - | 2.40 Bn |
| 2 | Spdr Gold Trust | 134.28 Bn | -423.72 Bn | - | - |
| 3 | Blackstone | 97.79 Bn | 87.77 Bn | - | 64.65 Mn |
| 4 | Brookfield | 95.78 Bn | -82.50 Bn | - | - |
| 5 | Kkr | 88.02 Bn | 8.17 Bn | - | 1.70 Bn |
| 6 | Brookfield Asset Management | 85.12 Bn | 79.93 Bn | - | 410.00 Mn |
| 7 | Apollo Global Management | 73.65 Bn | -12.51 Bn | 4.14 Bn | -5.57 Bn |
| 8 | Wheaton Precious Metals | 63.02 Bn | 59.95 Bn | 687.86 Mn | -2.06 Bn |
| 9 | Franco Nevada | 49.29 Bn | 45.99 Bn | 451.00 Mn | 299.90 Mn |
| 10 | Ameriprise Financial | 46.94 Bn | 8.84 Bn | 4.89 Bn | -1.09 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.06 Bn |
| Mar 31, 2026 | 1.01 Bn |
| Dec 31, 2025 | -4.11 Mn |
| Sep 30, 2025 | 151.84 Mn |
| Jun 30, 2025 | -79.86 Mn |
| Mar 31, 2025 | 267.41 Mn |
| Dec 31, 2024 | 124.29 Mn |
| Sep 30, 2024 | 153.81 Mn |
| Jun 30, 2024 | 234.24 Mn |
| Mar 31, 2024 | -240.45 Mn |
| Dec 31, 2023 | -287.47 Mn |
| Sep 30, 2023 | 5.12 Mn |
| Jun 30, 2023 | 28.97 Mn |
| Mar 31, 2023 | 103.30 Mn |
| Dec 31, 2022 | 201.47 Mn |
| Sep 30, 2022 | 46.07 Mn |
| Jun 30, 2022 | 72.65 Mn |
| Mar 31, 2022 | 150.05 Mn |
| Dec 31, 2021 | -146.40 Mn |
| Sep 30, 2021 | 137.04 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();