Wheaton Precious Metals (WPM) Tax Rate (2009 - 2026)
Wheaton Precious Metals (WPM) posted quarterly Tax Rate of 14.49% for Q1 2026, up 244.0% year-over-year from 4.21% in Q1 2025, and up 38.57% quarter-over-quarter from 10.46% in Q4 2025.
Wheaton Precious Metals (WPM) Tax Rate (2009 - 2026) Analysis & Trends
Wheaton Precious Metals (WPM) has reported Tax Rate for 18 consecutive years, with 14.49% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate rose 244.0% year-over-year to 14.49%; the TTM figure through Mar 2026 stood at 12.73% (up 139.0% YoY), while the FY2025 annual figure was 12.08%, up 51.0% from the prior year.
- Tax Rate improved to 14.49% in Q1 2026 per WPM's latest filing, from 10.46% in the prior quarter.
- Across five years, Tax Rate topped out at 21.93% in Q2 2024 and bottomed at 5.76% in Q3 2022.
- Historically, Tax Rate has averaged 5.31% across 5 years, with a median of 3.17% in 2023.
- Annual changes were most pronounced in 2024 — Tax Rate soared 1879 bps — and 2025, when it slumped 1072 bps.
- Wheaton Precious Metals' Tax Rate stood at 3.26% in 2022, then slumped by 138 bps to 1.23% in 2023, then soared by 101 bps to 0.01% in 2024, then surged by 92245 bps to 10.46% in 2025, then surged by 39 bps to 14.49% in 2026.
- Business Quant data shows WPM's Tax Rate at 14.49% in Q1 2026, 10.46% in Q4 2025, and 11.0% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 136.03 Bn | 127.02 Bn | 4.03 Bn | 31.74% |
| 2 | Agnico Eagle Mines | 106.09 Bn | 102.63 Bn | 2.43 Bn | 31.10% |
| 3 | Barrick Mining | 77.15 Bn | 71.23 Bn | 2.90 Bn | 27.90% |
| 4 | Wheaton Precious Metals | 68.18 Bn | 68.08 Bn | 687.86 Mn | 15.78% |
| 5 | AngloGold Ashanti | 58.68 Bn | 55.85 Bn | 1.70 Bn | -28.19% |
| 6 | Gold Fields | 40.68 Bn | 38.90 Bn | - | - |
| 7 | Pan American Silver | 21.86 Bn | 20.29 Bn | 457,000.00 | -36.98% |
| 8 | Coeur Mining | 21.72 Bn | 20.67 Bn | 535.85 Mn | 43.35% |
| 9 | Royal Gold | 21.39 Bn | 21.20 Bn | 390.45 Mn | 19.69% |
| 10 | Alamos Gold | 15.41 Bn | 14.78 Bn | - | -17.24% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.78% |
| Jun 30, 2026 | 15.78% |
| Jun 30, 2026 | 15.78% |
| Mar 31, 2026 | 14.49% |
| Mar 31, 2026 | 14.49% |
| Mar 31, 2026 | 14.49% |
| Dec 31, 2025 | 10.46% |
| Dec 31, 2025 | 10.46% |
| Dec 31, 2025 | 10.46% |
| Sep 30, 2025 | 11.00% |
| Sep 30, 2025 | 11.00% |
| Sep 30, 2025 | 11.00% |
| Jun 30, 2025 | 11.21% |
| Jun 30, 2025 | 11.21% |
| Jun 30, 2025 | 11.21% |
| Mar 31, 2025 | 12.05% |
| Mar 31, 2025 | 12.05% |
| Mar 31, 2025 | 12.05% |
| Dec 31, 2024 | 0.01% |
| Dec 31, 2024 | 0.01% |