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Coeur Mining vs Wheaton Precious Metals: revenue, profit, margins and growth compared

Coeur Mining brought in $2.1B of revenue in fiscal 2025, Wheaton Precious Metals $2.3B in fiscal 2025. Revenue changed by +96.4% at Coeur Mining and +80.2% at Wheaton Precious Metals on the year before, so Coeur Mining grew faster. Coeur Mining kept 28.3% of its revenue as net profit, Wheaton Precious Metals 63.6%.

Side by side, latest fiscal year

CDEWPM
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$2.1B$2.3B
Revenue growth+96.4%+80.2%
Net income$585.9M$1.5B
Net margin28.3%63.6%
Free cash flow$665.7Mn/a
Free cash flow margin32.2%n/a
Earnings per share (diluted)$0.95$3.24
Cash$553.6M$1.2B
Debtn/an/a
Price to earnings20.2n/a
Market value$19.8B$64.9B
Dividend yieldn/an/a
Rank by revenue in sector#24 of 71 · Basic materials#20 of 71 · Basic materials

Over the years

Revenue
CDE FY2018: $625.9MCDE FY2019: $711.5MCDE FY2020: $785.5MCDE FY2021: $832.8MCDE FY2022: $785.6MCDE FY2023: $821.2MCDE FY2024: $1.1BCDE FY2025: $2.1BWPM FY2018: $794MWPM FY2019: $861.3MWPM FY2020: $1.1BWPM FY2021: $1.2BWPM FY2022: $1.1BWPM FY2023: $1BWPM FY2024: $1.3BWPM FY2025: $2.3BFY18FY19FY20FY21FY22FY23FY24FY25
CDE $2.1BWPM $2.3B
Net income
CDE FY2018: -$48.4MCDE FY2019: -$341.2MCDE FY2020: $25.6MCDE FY2021: -$31.3MCDE FY2022: -$78.1MCDE FY2023: -$103.6MCDE FY2024: $58.9MCDE FY2025: $585.9MWPM FY2018: $427.1MWPM FY2019: $86.1MWPM FY2020: $507.8MWPM FY2021: $754.9MWPM FY2022: $669.1MWPM FY2023: $537.6MWPM FY2024: $529.1MWPM FY2025: $1.5BFY18FY19FY20FY21FY22FY23FY24FY25
CDE $585.9MWPM $1.5B
Net margin
CDE FY2018: -7.7%CDE FY2019: -48.0%CDE FY2020: 3.3%CDE FY2021: -3.8%CDE FY2022: -9.9%CDE FY2023: -12.6%CDE FY2024: 5.6%CDE FY2025: 28.3%WPM FY2018: 53.8%WPM FY2019: 10.0%WPM FY2020: 46.3%WPM FY2021: 62.8%WPM FY2022: 62.8%WPM FY2023: 52.9%WPM FY2024: 41.2%WPM FY2025: 63.6%FY18FY19FY20FY21FY22FY23FY24FY25
CDE 28.3%WPM 63.6%
Revenue growth
CDE FY2019: +13.7%CDE FY2020: +10.4%CDE FY2021: +6.0%CDE FY2022: -5.7%CDE FY2023: +4.5%CDE FY2024: +28.3%CDE FY2025: +96.4%WPM FY2019: +8.5%WPM FY2020: +27.3%WPM FY2021: +9.6%WPM FY2022: -11.4%WPM FY2023: -4.6%WPM FY2024: +26.4%WPM FY2025: +80.2%FY19FY20FY21FY22FY23FY24FY25
CDE +96.4%WPM +80.2%
Free cash flow
CDE FY2018: -$123.4MCDE FY2019: -$7.9MCDE FY2020: $49.4MCDE FY2021: -$199.3MCDE FY2022: -$326.7MCDE FY2023: -$297.3MCDE FY2024: -$9MCDE FY2025: $665.7MFY18FY19FY20FY21FY22FY23FY24FY25
CDE $665.7MWPM

Fiscal years as each company reports them; the two may end in different months.

Questions about Coeur Mining and Wheaton Precious Metals

Which is bigger by revenue, Coeur Mining or Wheaton Precious Metals?

Wheaton Precious Metals is bigger by revenue: $2.3B in fiscal 2025, against $2.1B for Coeur Mining in fiscal 2025.

Which keeps more of its revenue as profit, Coeur Mining or Wheaton Precious Metals?

Coeur Mining had a net margin of 28.3% in fiscal 2025; Wheaton Precious Metals had 63.6% in fiscal 2025.

Which grew revenue faster, Coeur Mining or Wheaton Precious Metals?

In their latest fiscal years revenue changed by +96.4% at Coeur Mining and +80.2% at Wheaton Precious Metals.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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