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| Date | Value |
|---|---|
| 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% |