Wheaton Precious Metals (WPM) Tax Rate (2010 - 2026)
Wheaton Precious Metals' Tax Rate came in at 15.06% for the quarter ended Jun 30, 2026, up 1.58 percentage points from 13.47% a year earlier but down 0.70 percentage points from the prior quarter.
Wheaton Precious Metals (WPM) Tax Rate (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Wheaton Precious Metals reported Tax Rate of 14.25%, down 1.92 percentage points year-over-year; for the year ended Dec 31, 2025, it was 13.88%, down 3.85 percentage points from the prior year.
- Tax Rate carries a five-year change of +13.41 percentage points (years ended Dec 2020 to Dec 2025).
- Going back by year, Tax Rate was 17.73% in the year ended Dec 31, 2024 (+17.47 pp), 0.26% in the year ended Dec 31, 2023 (+0.18 pp), 0.08% in the year ended Dec 31, 2022 (+0.04 pp) and 0.04% in the year ended Dec 31, 2021 (-0.44 pp).
- The five-year range for quarterly Tax Rate is -7.97% (the quarter ended Dec 31, 2022) to 29.35% (the quarter ended Dec 31, 2024).
- Year-over-year, Tax Rate increased in five of the last eight quarters, with an average year-over-year change of +3.06 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in the quarter ended Dec 31, 2024 (a gain of 31.33 percentage points), and the weakest in the quarter ended Jun 30, 2025 (a drop of 15.54 percentage points).
- Business Quant data shows WPM's Tax Rate at 15.75% (quarter ended Mar 31, 2026), 13.88% (quarter ended Dec 31, 2025) and 10.97% (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 174.92 Bn | 121.05 Bn | - | 24.90% |
| 2 | Spdr Gold Trust | 136.71 Bn | -421.29 Bn | - | - |
| 3 | Blackstone | 88.22 Bn | 78.20 Bn | - | 16.11% |
| 4 | Brookfield | 83.92 Bn | -99.40 Bn | - | - |
| 5 | Kkr | 79.85 Bn | -3.72 Mn | - | 17.91% |
| 6 | Brookfield Asset Management | 73.42 Bn | 68.22 Bn | - | 12.14% |
| 7 | Apollo Global Management | 65.92 Bn | -16.87 Bn | 10.56 Bn | 15.94% |
| 8 | Wheaton Precious Metals | 59.50 Bn | 54.92 Bn | 687.86 Mn | 15.78% |
| 9 | Franco Nevada | 46.38 Bn | 43.74 Bn | 451.00 Mn | 22.86% |
| 10 | Ameriprise Financial | 44.72 Bn | 6.14 Bn | 4.72 Bn | 22.82% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.78% |
| Mar 31, 2026 | 14.49% |
| Dec 31, 2025 | 13.94% |
| Sep 30, 2025 | 11.00% |
| Jun 30, 2025 | 13.53% |
| Mar 31, 2025 | 12.05% |
| Dec 31, 2024 | 29.68% |
| Sep 30, 2024 | 11.21% |
| Jun 30, 2024 | 29.23% |
| Sep 30, 2023 | 3.17% |
| Jun 30, 2023 | 4.16% |
| Jun 30, 2022 | 0.13% |
| Mar 31, 2021 | 0.22% |
| Sep 30, 2020 | 0.02% |
| Sep 30, 2019 | 1.81% |
| Mar 31, 2019 | 0.08% |
| Dec 31, 2018 | 23.60% |
| Mar 31, 2018 | 0.37% |
| Sep 30, 2017 | 0.40% |
| Sep 30, 2016 | 1.69% |
Wheaton Precious Metals Tax Rate 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=tax-rate&ticker=WPM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=WPM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();