Wheaton Precious Metals (WPM) Return on Assets [ROA] (2009 - 2026)
Wheaton Precious Metals (WPM) posted Return on Assets [ROA] of 18.53% for Q2 2026, up 8.49 percentage points from 10.04% a year earlier but down 0.32 percentage points from the prior quarter.
Wheaton Precious Metals (WPM) Return on Assets [ROA] (2009 - 2026) Analysis & Trends
For FY2024, Wheaton Precious Metals' Return on Assets [ROA] came in at 7.32%, down 0.48 percentage points from FY2023.
- Annual Return on Assets [ROA] has declined for three consecutive years, though with a five-year change of +5.97 percentage points (FY2019 to FY2024).
- In prior years, Wheaton Precious Metals' Return on Assets [ROA] was 7.80% in FY2023 (-2.45 pp), 10.25% in FY2022 (-2.07 pp), 12.32% in FY2021 (+9.88 pp) and 2.44% in FY2020 (+1.09 pp).
- Quarterly Return on Assets [ROA] has run from a low of 5.46% in Q3 2021 to a high of 18.85% in Q1 2026 over five years.
- On a year-over-year basis, Return on Assets [ROA] has increased in each of the last five quarters, with an average year-over-year change of +4.31 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Assets [ROA] in the past five years was Q1 2026, with a gain of 10.68 percentage points; the weakest was Q4 2023, with a drop of 2.30 percentage points.
- According to Business Quant data, Return on Assets [ROA] for the three prior quarters was 18.85% (Q1 2026), 16.64% (Q4 2025) and 12.21% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 188.98 Bn | 145.51 Bn | - | 4.25% |
| 2 | Spdr Gold Trust | 130.03 Bn | -427.97 Bn | - | 16.25% |
| 3 | Brookfield | 104.97 Bn | -79.04 Bn | - | 0.71% |
| 4 | Blackstone | 93.15 Bn | 87.36 Bn | - | 13.79% |
| 5 | Kkr | 90.40 Bn | 57.10 Bn | 1.76 Bn | 1.18% |
| 6 | Brookfield Asset Management | 85.45 Bn | 80.34 Bn | - | 22.62% |
| 7 | Apollo Global Management | 72.50 Bn | 89.29 Bn | 4.14 Bn | 0.14% |
| 8 | Wheaton Precious Metals | 62.02 Bn | 62.02 Bn | 538.50 Mn | 20.09% |
| 9 | Ares Management | 50.21 Bn | 48.79 Bn | 376.28 Mn | 3.24% |
| 10 | Franco Nevada | 49.31 Bn | 46.68 Bn | 451.00 Mn | 16.68% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 20.09% |
| Jun 30, 2026 | 21.87% |
| Mar 31, 2026 | 22.72% |
| Dec 31, 2025 | 20.83% |
| Sep 30, 2025 | 12.21% |
| Jun 30, 2025 | 10.04% |
| Mar 31, 2025 | 8.17% |
| Dec 31, 2024 | 7.15% |
| Sep 30, 2024 | 8.33% |
| Jun 30, 2024 | 7.92% |
| Mar 31, 2024 | 8.31% |
| Dec 31, 2023 | 7.73% |
| Sep 30, 2023 | 7.78% |
| Jun 30, 2023 | 8.93% |
| Mar 31, 2023 | 9.12% |
| Dec 31, 2022 | 10.03% |
| Sep 30, 2022 | 12.19% |
| Jun 30, 2022 | 11.35% |
| Mar 31, 2022 | 11.76% |
| Dec 31, 2021 | 12.23% |
Wheaton Precious Metals Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=WPM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=WPM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();