Wheaton Precious Metals (WPM) Return on Equity [ROE] (2009 - 2026)
Wheaton Precious Metals' Return on Equity [ROE] was 21.60% in the quarter ended Jun 30, 2026, up 11.15 percentage points from 10.44% a year earlier and up 1.59 percentage points from the prior quarter.
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Analysis
Wheaton Precious Metals (WPM) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2024, Return on Equity [ROE] at Wheaton Precious Metals came in at 7.43%, down 0.42 percentage points from the prior year.
- Return on Equity [ROE] has now declined for three consecutive years, though with a five-year change of +4.51 percentage points (years ended Dec 2019 to Dec 2024).
- In earlier years, Return on Equity [ROE] was 7.85% in the year ended Dec 31, 2023 (-2.47 pp), 10.32% in the year ended Dec 31, 2022 (-94.93 pp), 105.25% in the year ended Dec 31, 2021 (+99.68 pp) and 5.56% in the year ended Dec 31, 2020 (+2.64 pp).
- The figure for the quarter ended Jun 30, 2026 marks the highest quarterly Return on Equity [ROE] since the quarter ended Mar 31, 2012.
- Compared with a year earlier, Return on Equity [ROE] has increased for six straight quarters, with an average year-over-year change of +4.95 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Equity [ROE] over five years was the quarter ended Mar 31, 2026 (a gain of 11.54 percentage points); the worst was the quarter ended Sep 30, 2023 (a drop of 4.84 percentage points).
- Per Business Quant data, WPM's Return on Equity [ROE] in the three quarters before the quarter ended Jun 30, 2026 was 20.00% (quarter ended Mar 31, 2026), 17.46% (quarter ended Dec 31, 2025) and 12.72% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.03 Bn | 110.39 Bn | - | 12.43% |
| 2 | Spdr Gold Trust | 134.08 Bn | -423.92 Bn | - | 16.25% |
| 3 | Blackstone | 84.38 Bn | 79.31 Bn | - | 33.23% |
| 4 | Brookfield | 81.99 Bn | -83.40 Bn | 4.47 Bn | 3.12% |
| 5 | Kkr | 81.98 Bn | 48.46 Bn | - | 7.09% |
| 6 | Brookfield Asset Management | 71.20 Bn | 67.45 Bn | - | 34.49% |
| 7 | Apollo Global Management | 66.86 Bn | 4.54 Bn | 10.56 Bn | 10.61% |
| 8 | Wheaton Precious Metals | 60.68 Bn | 56.11 Bn | 687.86 Mn | 21.60% |
| 9 | Franco Nevada | 45.90 Bn | 43.27 Bn | 451.00 Mn | 23.59% |
| 10 | Ameriprise Financial | 43.48 Bn | 4.90 Bn | 4.72 Bn | 62.78% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.60% |
| Mar 31, 2026 | 20.00% |
| Dec 31, 2025 | 17.46% |
| Sep 30, 2025 | 12.72% |
| Jun 30, 2025 | 10.44% |
| Mar 31, 2025 | 8.47% |
| Dec 31, 2024 | 7.33% |
| Sep 30, 2024 | 8.49% |
| Jun 30, 2024 | 8.06% |
| Mar 31, 2024 | 8.43% |
| Dec 31, 2023 | 7.82% |
| Sep 30, 2023 | 7.86% |
| Jun 30, 2023 | 9.40% |
| Mar 31, 2023 | 9.61% |
| Dec 31, 2022 | 10.49% |
| Sep 30, 2022 | 12.70% |
| Jun 30, 2022 | 11.57% |
| Mar 31, 2022 | 11.99% |
| Dec 31, 2021 | 12.40% |
| Sep 30, 2021 | 10.25% |
API Access
Wheaton Precious Metals Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=WPM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=WPM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();