Wheaton Precious Metals Corp. (WPM) stock
WPMNYSEGold and Silver OresFiscal year ends December 31
$131.45−0.35 (-0.27%)
Close on Nov 13, 2026Market cap $59.68BP/E 40.6Yield –
Wheaton Precious Metals gross margin
Gross margin is gross profit as a percentage of revenue.
For fiscal 2025 it was 72.2%, against 62.5% the year before. The highest annual figure on record is 72.2% in fiscal 2025.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 72.2% | +9.7 |
| FY2024 | Dec 31, 2024 | 62.5% | +6.0 |
| FY2023 | Dec 31, 2023 | 56.4% | +3.3 |
| FY2022 | Dec 31, 2022 | 53.1% | −1.7 |
| FY2021 | Dec 31, 2021 | 54.8% | +1.4 |
| FY2020 | Dec 31, 2020 | 53.4% | +13.3 |
| FY2019 | Dec 31, 2019 | 40.2% | +2.9 |
| FY2018 | Dec 31, 2018 | 37.3% | −2.7 |
| FY2017 | Dec 31, 2017 | 40.0% | +3.1 |
| FY2016 | Dec 31, 2016 | 36.8% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | 74.0% | +20.4 |
| Q2 FY2025 | Jun 30, 2025 | 70.2% | +15.2 |
| Q2 FY2024 | Jun 30, 2024 | 62.3% | +12.2 |
| Q2 FY2023 | Jun 30, 2023 | 57.3% | +21.9 |
| Q2 FY2022 | Jun 30, 2022 | 53.6% | +12.5 |
| Q2 FY2021 | Jun 30, 2021 | 55.0% | +13.4 |
| Q2 FY2020 | Jun 30, 2020 | 50.0% | – |
| Q2 FY2019 | Jun 30, 2019 | 35.4% | – |
| Q2 FY2018 | Jun 30, 2018 | 41.1% | – |
| Q2 FY2017 | Jun 30, 2017 | 41.5% | – |
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