Wheaton Precious Metals (WPM) Tax Rate (2009 - 2026)

Wheaton Precious Metals (WPM) posted quarterly Tax Rate of 15.78% for Q1 2026, up 137.0% YoY from 6.66% in Q1 2025, and up 50.9% sequentially from 10.46% in Q4 2025.

Wheaton Precious Metals (WPM) Tax Rate (2009 - 2026) Analysis & Trends

Wheaton Precious Metals has disclosed Tax Rate across 18 years of filings, most recently posting 15.78% for Q1 2026.

  • In Q1 2026, Tax Rate rose 137.0% year-over-year to 15.78%; the TTM figure through Mar 2026 stood at 13.89% (down 301.0% YoY), while the FY2025 annual figure was 13.33%, down 455.0% from the prior year.
  • Tax Rate climbed to 15.78% in Q1 2026, from 10.46% in the prior quarter.
  • Over the last five years, Tax Rate for WPM reached as high as 29.68% in Q4 2024 and fell as low as 6.66% in Q4 2023.
  • The 5-year median for Tax Rate is 8.71% (2022), against an average of 7.85%.
  • Annual changes were most pronounced in 2024 — Tax Rate jumped 3634 bps — and 2025, when it sank 1922 bps.
  • A 5-year view of Tax Rate shows it stood at 8.71% in 2022, then tumbled by 176 bps to 6.66% in 2023, then jumped by 546 bps to 29.68% in 2024, then slumped by 65 bps to 10.46% in 2025, then surged by 51 bps to 15.78% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 15.78%, 10.46%, and 11.0% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Barrick Mining 978.09 Bn 980.39 Bn 3.12 Bn -22.87%
2 Trx Gold 189.48 Bn 189.48 Bn 21.05 Mn 85.30%
3 Newmont 101.22 Bn 92.61 Bn 7.29 Bn 30.63%
4 OR Royalties 53.18 Bn 53.08 Bn 88.84 Mn -16.06%
5 Wheaton Precious Metals 50.59 Bn 48.43 Bn 699.37 Mn 14.49%
6 Aura Minerals 50.25 Bn 50.25 Bn 19.58 Mn -4.28%
7 Franco Nevada 40.21 Bn 39.50 Bn 526.30 Mn 21.40%
8 Gold Fields 30.19 Bn 28.41 Bn - -
9 Kinross Gold 28.01 Bn 25.95 Bn 1.44 Bn -35.21%
10 Pan American Silver 18.70 Bn 17.09 Bn 608,000.00 -28.86%

Historic Data

Download Data
DateValue
Mar 31, 2026 14.49%
Mar 31, 2026 14.49%
Dec 31, 2025 10.46%
Dec 31, 2025 10.46%
Sep 30, 2025 11.00%
Sep 30, 2025 11.00%
Jun 30, 2025 13.53%
Jun 30, 2025 13.53%
Mar 31, 2025 12.05%
Mar 31, 2025 12.05%
Dec 31, 2024 29.68%
Dec 31, 2024 29.68%
Sep 30, 2024 11.21%
Sep 30, 2024 11.21%
Jun 30, 2024 21.93%
Jun 30, 2024 21.93%
Mar 31, 2024 -0.01%
Mar 31, 2024 -0.01%
Dec 31, 2023 -1.99%
Dec 31, 2023 -1.99%