Brazil was the largest of Wheaton Precious Metals Corp.’s 9 reported lines in fiscal 2025, at $1.04B — 45% of $2.31B.
| Geography | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Brazil | $296.15M | $399.94M | $539.58M | $1.04B | ||||||
| Peru | $253.44M | $233.44M | $284.08M | $451.16M | ||||||
| Mexico | $266.37M | $200.15M | $283.35M | $438.23M | ||||||
| Canada | $124.71M | $60.16M | $52.86M | $167.97M | ||||||
| United States | $48.74M | $35.34M | $38.59M | $33.35M | ||||||
| Sweden | $41.61M | $48.18M | $53.65M | $89.20M | ||||||
| Portugal | $25.73M | $33.38M | $22.70M | $78.53M | ||||||
| Argentina / Chile | — | — | — | — | ||||||
| Greece | $3.29M | — | — | — | ||||||
| Colombia | $5.02M | $5.47M | $6.69M | $12.07M | ||||||
| Chile | — | — | $1.94M | $4.22M | ||||||
| Ecuador | — | — | $1.20M | — | ||||||
| Total | $1.07B | $1.02B | $1.28B | $2.31B |
In fiscal 2025, which ended December 31, 2025, the 9 regions Wheaton Precious Metals Corp. reported in this breakdown added up to $2.31B. The regions reported changed from fiscal 2024, so the total is not directly comparable with the $1.28B reported that year. Brazil was the largest region, at $1.04B or 44.9% of the total, followed by Peru ($451.16M, 19.5%) and Mexico ($438.23M, 18.9%). Together, the two largest regions made up 64.4% of this total.
Compared with fiscal 2024, Portugal grew the fastest, rising 246.0% to $78.53M. Every sizeable region reported in both years grew. Because regions were added or dropped between the two years, part of this reflects how Wheaton Precious Metals Corp. regrouped its reporting.
Chile was first reported as a separate region in fiscal 2024. The table also keeps 3 regions that Wheaton Precious Metals Corp. no longer reports, so earlier years can still be read on their original basis; use "Show 3 discontinued" beneath the table to see them. This breakdown covers every fiscal year from 2016 to 2025, as reported in Wheaton Precious Metals Corp.'s annual filings.
Salobo was the largest of Wheaton Precious Metals Corp.’s 11 reported lines in fiscal 2025, at $1.04B — 47% of $2.20B.
| Segments [axis] | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Salobo | $296.15M | $399.94M | $539.58M | $1.04B | ||
| Penasquito | $174.64M | $101.51M | $193.87M | $301.59M | ||
| Other Silver Interests | $143.78M | $99.31M | $97.98M | $196.45M | ||
| Antamina | $107.79M | $86.86M | $100.72M | $230.10M | ||
| San Dimas | $75.24M | $82.66M | $68.65M | $109.41M | ||
| Constancia | $54.87M | $95.67M | $118.10M | $131.90M | ||
| Blackwater | — | — | — | $56.55M | ||
| Sudbury | $39.21M | $37.43M | $39.10M | $58.29M | ||
| Stillwater | $32.16M | $18.50M | $21.59M | $22.81M | ||
| Other Gold Interests | $47.65M | $11.59M | $9.03M | $17.38M | ||
| Voisey'S Bay | $32.19M | $14.82M | $13.76M | $31.18M | ||
| Total | $1.00B | $948.29M | $1.20B | $2.20B |
In fiscal 2025, which ended December 31, 2025, the 11 segments Wheaton Precious Metals Corp. reported in this breakdown added up to $2.20B. That is less than the $2.31B in its breakdown by region, so these segments do not account for all of its revenue that year. Salobo was the largest segment, at $1.04B or 47.4% of the total, followed by Penasquito ($301.59M, 13.7%) and Antamina ($230.10M, 10.5%). Together, the two largest segments made up 61.1% of this total.
Compared with fiscal 2024, Antamina grew the fastest, rising 128.5% to $230.10M. Every sizeable segment reported in both years grew. Because segments were added or dropped between the two years, part of this reflects how Wheaton Precious Metals Corp. regrouped its reporting.
Blackwater was first reported as a separate segment in fiscal 2025. This breakdown covers every fiscal year from 2020 to 2025, as reported in Wheaton Precious Metals Corp.'s annual filings.
Salobo was the largest of Wheaton Precious Metals Corp.’s 9 reported lines in fiscal 2019, at $365.45M — 45% of $816.42M.
| Mineral Stream Interests [axis] | FY 2016 | FY 2017 | FY 2018 | FY 2019 |
|---|---|---|---|---|
| Salobo | $253.58M | $317.60M | $336.47M | $365.45M |
| Other Silver Interests | $155.28M | $132.05M | $104.80M | $98.60M |
| Antamina | $120.92M | $100.62M | $86.41M | $76.33M |
| Penasquito | $71.20M | $87.91M | $77.69M | $74.58M |
| San Dimas | $91.93M | $65.68M | $40.59M | $62.53M |
| Other Gold Interests | $85.46M | $59.97M | $33.96M | $29.92M |
| Sudbury | $53.38M | $35.25M | $21.79M | $38.23M |
| Constancia | $41.02M | $33.03M | $34.08M | $38.90M |
| Stillwater | — | — | $9.24M | $31.89M |
| Total | $872.77M | $832.09M | $745.03M | $816.42M |
In fiscal 2019, which ended December 31, 2019, the 9 revenue lines Wheaton Precious Metals Corp. reported in this breakdown added up to $816.42M. That was up 9.6% from $745.03M in fiscal 2018. Salobo was the largest revenue line, at $365.45M or 44.8% of the total, followed by Other Silver Interests ($98.60M, 12.1%) and Antamina ($76.33M, 9.3%). Together, the two largest revenue lines made up 56.8% of this total.
Compared with fiscal 2018, Stillwater grew the fastest, rising 245.1% to $31.89M. Other Gold Interests fell the most, down 11.9% to $29.92M.
Stillwater was first reported as a separate revenue line in fiscal 2018. This breakdown covers every fiscal year from 2016 to 2019, as reported in Wheaton Precious Metals Corp.'s annual filings.
Wheaton Precious Metals Corp. (WPM) breaks its revenue down by region, segment and revenue line. In fiscal 2025, its largest region was Brazil, with $1.04B or 44.9% of the total, followed by Peru at $451.16M (19.5%).
Brazil was Wheaton Precious Metals Corp.'s largest region in fiscal 2025, with $1.04B in revenue, 44.9% of the $2.31B reported across its 9 regions.
Salobo was Wheaton Precious Metals Corp.'s largest segment in fiscal 2025, with $1.04B in revenue, 47.4% of the $2.20B reported across its 11 segments.
Salobo was Wheaton Precious Metals Corp.'s largest revenue line in fiscal 2019, with $365.45M in revenue, 44.8% of the $816.42M reported across its 9 revenue lines.
Of the Wheaton Precious Metals Corp. revenue lines reported in both fiscal 2018 and fiscal 2019, and making up at least 2% of the total, Stillwater grew the fastest, rising 245.1% from $9.24M to $31.89M.
Every figure is taken from Wheaton Precious Metals Corp.'s annual financial filings and shown as reported: each line keeps the name the company gives it, years follow its own fiscal calendar, and lines it has stopped reporting stay in the table for the years they were reported.
The breakdown by region covers fiscal 2016 to 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.