Wheaton Precious Metals (WPM) Tax Rate (2009 - 2026)
Wheaton Precious Metals' (WPM) quarterly Tax Rate came in at 12.96% in Q2 2026, up 175.0% year-over-year from 4.71% in Q2 2025, and down 10.6% quarter-over-quarter from 14.49% in Q1 2026.
Analysis
Wheaton Precious Metals (WPM) Tax Rate (2009 - 2026) Analysis & Trends
Wheaton Precious Metals (WPM) has reported Tax Rate for 18 consecutive years, with 12.96% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 175.0% year-over-year to 12.96% in Q2 2026; TTM through Jun 2026 was 13.33%, a 18.0% decrease from a year earlier, with the FY2025 full-year figure at 12.08%, up 51.0% from the prior year.
- Tax Rate was 12.96% for Q2 2026 at Wheaton Precious Metals, down from 14.49% in the prior quarter.
- Over five years, Tax Rate peaked at 29.68% in Q4 2024 and troughed at 8.05% in Q4 2022.
- A 5-year average of 6.86% and a median of 7.09% in 2023 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate surged 3167 bps in 2024 and plunged 1574 bps in 2025, its largest moves.
- Over 5 years, Tax Rate stood at 8.05% in 2022, then jumped by 75 bps to 1.99% in 2023, then surged by 1592 bps to 29.68% in 2024, then plunged by 53 bps to 13.94% in 2025, then decreased by 7 bps to 12.96% in 2026.
- The last three Tax Rate figures came in at 12.96% (Q2 2026), 14.49% (Q1 2026), and 13.94% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Blackstone | 103.57 Bn | 101.06 Bn | - | 16.11% |
| 2 | Kkr | 93.46 Bn | -183.61 Bn | - | 17.91% |
| 3 | Apollo Global Management | 77.60 Bn | 52.22 Bn | 10.54 Bn | 15.94% |
| 4 | Brookfield Asset Management | 76.45 Bn | 74.94 Bn | - | 12.14% |
| 5 | Wheaton Precious Metals | 71.34 Bn | 71.24 Bn | 687.86 Mn | 12.96% |
| 6 | Franco Nevada | 51.21 Bn | 49.67 Bn | 451.00 Mn | 23.17% |
| 7 | Brookfield | 37.98 Bn | 7.42 Bn | 19.38 Bn | -0.97% |
| 8 | Ares Management | 30.49 Bn | 30.49 Bn | - | 18.91% |
| 9 | Carlyle | 15.82 Bn | 14.57 Bn | - | 17.90% |
| 10 | Tpg | 8.08 Bn | 7.13 Bn | - | 10.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.96% |
| Mar 31, 2026 | 14.49% |
| Dec 31, 2025 | 13.94% |
| Sep 30, 2025 | 11.00% |
| Jun 30, 2025 | 11.21% |
| Mar 31, 2025 | 12.05% |
| Dec 31, 2024 | 29.68% |
| Sep 30, 2024 | 11.21% |
| Jun 30, 2024 | 21.93% |
| Mar 31, 2024 | -0.01% |
| Dec 31, 2023 | -1.99% |
| Sep 30, 2023 | 3.17% |
| Jun 30, 2023 | 3.13% |
| Mar 31, 2023 | -5.00% |
| Dec 31, 2022 | -8.05% |
| Sep 30, 2022 | -5.76% |
| Jun 30, 2022 | -0.10% |
| Mar 31, 2022 | -0.32% |
| Dec 31, 2021 | -0.35% |
| Sep 30, 2021 | -0.22% |