Wheaton Precious Metals (WPM) Return on Capital Employed (2010 - 2025)

Wheaton Precious Metals (WPM) posted quarterly Return on Capital Employed of 0.01% for Q3 2025, down 435.0% YoY from 0.0% in Q3 2024, and up 10.61% sequentially from 0.01% in Q2 2025.

Wheaton Precious Metals (WPM) Return on Capital Employed (2010 - 2025) Analysis & Trends

Wheaton Precious Metals has disclosed Return on Capital Employed across 16 years of filings, most recently posting 0.01% for Q3 2025.

  • In Q3 2025, Return on Capital Employed fell 435.0% year-over-year to 0.01%; the TTM figure through Sep 2025 stood at 0.01% (down 435.0% YoY), while the FY2025 annual figure was 0.01%, down 862.0% from the prior year.
  • Return on Capital Employed climbed to 0.01% in Q3 2025, from 0.01% in the prior quarter.
  • Over the last five years, Return on Capital Employed for WPM reached as high as 12.29% in Q4 2021 and fell as low as 0.01% in Q2 2025.
  • The 5-year median for Return on Capital Employed is 7.71% (2022), against an average of 7.66%.
  • Annual changes were most pronounced in 2021 — Return on Capital Employed soared 709 bps — and 2025, when it sank 597 bps.
  • A 5-year view of Return on Capital Employed shows it stood at 12.29% in 2021, then plunged by 37 bps to 7.71% in 2022, then declined by 5 bps to 7.29% in 2023, then tumbled by 40 bps to 4.36% in 2024, then tumbled by 100 bps to 0.01% in 2025.
  • According to Business Quant data, Return on Capital Employed over the past three periods registered 0.01%, 0.01%, and 4.36% for Q3 2025, Q2 2025, and Q3 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Barrick Mining 978.09 Bn 980.39 Bn 3.12 Bn 9.05%
2 Trx Gold 189.48 Bn 189.48 Bn 21.05 Mn 41.57%
3 Newmont 101.22 Bn 92.61 Bn 7.29 Bn 21.10%
4 OR Royalties 53.18 Bn 53.08 Bn 88.84 Mn -
5 Wheaton Precious Metals 50.59 Bn 48.43 Bn 699.37 Mn -
6 Aura Minerals 50.25 Bn 50.25 Bn 19.58 Mn -
7 Franco Nevada 40.21 Bn 39.50 Bn 526.30 Mn 19.41%
8 Gold Fields 30.19 Bn 28.41 Bn - -
9 Kinross Gold 28.01 Bn 25.95 Bn 1.44 Bn -
10 Pan American Silver 18.70 Bn 17.09 Bn 608,000.00 -

Historic Data

Download Data
DateValue
Sep 30, 2025 0.01%
Jun 30, 2025 0.01%
Sep 30, 2024 4.36%
Jun 30, 2024 5.98%
Mar 31, 2024 8.05%
Dec 31, 2023 7.29%
Sep 30, 2023 6.50%
Jun 30, 2023 6.35%
Mar 31, 2023 6.68%
Dec 31, 2022 7.71%
Sep 30, 2022 10.83%
Jun 30, 2022 11.46%
Mar 31, 2022 11.98%
Dec 31, 2021 12.29%
Sep 30, 2021 10.30%
Jun 30, 2021 10.70%
Mar 31, 2021 9.81%
Dec 31, 2020 8.67%
Sep 30, 2020 7.43%
Jun 30, 2020 6.26%