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Wheaton Precious Metals Corp. (WPM)

Wheaton Precious Metals Corp. reported revenue of $2.3B in fiscal 2025, up 80.2% from a year earlier. Net income was $1.5B, a net margin of 63.6%. At December 31, 2025 it held $1.2B in cash. Its latest periodic report to the SEC is the annual report (Canadian issuer) (40-F) filed on March 31, 2026.

Price
$142.92
-0.67% on the day · September 25, 2026
52-week range $92.57 to $165.76
Market cap
$64.9B
Revenue (FY2025)
$2.3B
+80.2% year on year
Net margin
63.6%

What Wheaton Precious Metals Corp. does

Wheaton Precious Metals is a precious metals streaming company. It provides upfront financing to mining operators in exchange for the right to purchase silver, gold, cobalt, and other byproduct metals at fixed, discounted prices over the lifespan of the mine. Its shares trade on NYSE under the ticker WPM.

Revenue and profit by year

Revenue
FY18: $794M $794M FY18FY19: $861.3M $861.3M FY19FY20: $1.1B $1.1B FY20FY21: $1.2B $1.2B FY21FY22: $1.1B $1.1B FY22FY23: $1B $1B FY23FY24: $1.3B $1.3B FY24FY25: $2.3B $2.3B FY25
Net income
FY18: $427.1M $427.1M FY18FY19: $86.1M $86.1M FY19FY20: $507.8M $507.8M FY20FY21: $754.9M $754.9M FY21FY22: $669.1M $669.1M FY22FY23: $537.6M $537.6M FY23FY24: $529.1M $529.1M FY24FY25: $1.5B $1.5B FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$2.3B$1.6B$1.5B$3.24n/a
2024$1.3B$620.8M$529.1M$1.17n/a
2023$1B$505.3M$537.6M$1.19n/a
2022$1.1B$511.9M$669.1M$1.48n/a
2021$1.2B$754.7M$754.9M$1.67n/a
2020$1.1B$519.9M$507.8M$1.13n/a

Latest SEC filings

What Wheaton Precious Metals Corp. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 1, 2026
  2. August 7, 2026
  3. August 7, 2026
  4. July 7, 2026
  5. June 23, 2026
  6. June 5, 2026
  7. May 22, 2026
  8. May 8, 2026
  9. May 8, 2026
  10. May 7, 2026

Recent insider filings (Forms 3, 4 and 144): 1, the latest on November 9, 2007. Insider transactions on SEC

All filings on SEC EDGAR

Questions about WPM

What does Wheaton Precious Metals Corp. do?

Wheaton Precious Metals is a precious metals streaming company. It provides upfront financing to mining operators in exchange for the right to purchase silver, gold, cobalt, and other byproduct metals at fixed, discounted prices over the lifespan of the mine. Its shares trade on NYSE under the ticker WPM.

Is Wheaton Precious Metals Corp. profitable?

Yes. In fiscal 2025 it reported net income of $1.5B on revenue of $2.3B, a net margin of 63.6%.

How much revenue does Wheaton Precious Metals Corp. make?

In fiscal 2025 Wheaton Precious Metals Corp. reported revenue of $2.3B. That is 80.2% more than a year earlier.

When did Wheaton Precious Metals Corp. last report?

Its most recent periodic report is the annual report (Canadian issuer) (40-F) filed on March 31, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from September 1, 2026.

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Where the numbers come from

Financial figures are the values Wheaton Precious Metals Corp. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.