Wheaton Precious Metals Corp.
WPM · NYSE · royalty and streaming · market cap $72.8B as of 24 Aug 2026
What Wheaton Precious Metals Corp.'s own filings say about the ounces it receives and sells, its revenue and cash margin, every figure cited. A royalty and streaming company mines nothing itself, so it states no cost per ounce and this page compares none.
Wheaton Precious Metals Corp. share price
- Next report6 Novprior report
Company-reported data · Royalty model
How to read these figures
- Primary sources: every figure is the company's own, cited to the release or filing it came from.
- Royalty model: the ounces this company receives and sells, its revenue and its cash margin are shown as filed; it states no cost per ounce, so none is estimated or compared here.
About Wheaton Precious Metals Corp.
Wheaton Precious Metals Corp. is a streaming company that purchases precious metals and cobalt production from mining assets in 18 countries. Effective October 31, 2025, the company entered into a precious metal purchase agreement with Hemlo Mining in respect of gold production from the Hemlo mine in Ontario, Canada. Its purchase agreements related to 23 operating mining assets, 23 assets at various stages of development and two assets placed in care and maintenance or closed. Under the purchase agreements, Wheaton acquires metal production for an initial upfront payment plus an additional cash payment for each ounce or pound delivered, fixed by contract and generally at or below the prevailing market price. During the year ended December 31, 2025, Wheaton advanced a total of $1.3 billion in upfront consideration. The company describes itself as "one of the largest precious metals streaming companies in the world." Wheaton's common shares are listed and posted for trading on the TSX, NYSE and LSE. As of March 26, 2026, the company and its subsidiaries had 47 employees.
Wheaton Precious Metals's royalty and stream interests
| Interest | Jurisdiction | Source | |
|---|---|---|---|
| Peñasquito mine | 25% of the silver produced | Zacatecas State, Mexico | 40-F (filed 31 Mar 2026); fiscal year 2025 |
| Salobo mine | mineral stream interests | Brazil, in the eastern part of the State of Pará | 40-F (filed 31 Mar 2026); fiscal year 2025 |
| Antamina mine | mineral stream interests | Peru | 40-F (filed 31 Mar 2026); fiscal year 2025 |
Financials, as filed
Key financials
- Revenue
- $2.3B
- Net income
- $1.5B
- Operating cash flow
- $1.9B
- Cash and equivalents
- $1.2B
- EPS (diluted)
- $3.24
Rounded from the figures as filed; the exact figures, concepts and filings are below.
Figures as filed, with concept, provenance and filing
| Measure | Period | Value | Provenance | Filing |
|---|---|---|---|---|
| Revenue ifrs-full:Revenue | FY 2025 | $2,314,600,000 | SEC XBRL, as filed | 40-F · 31 Mar 2026 |
| Net income ifrs-full:ProfitLoss | FY 2025 | $1,471,720,000 | SEC XBRL, as filed | 40-F · 31 Mar 2026 |
| EPS (basic) ifrs-full:BasicEarningsLossPerShare | FY 2025 | $3.24 | SEC XBRL, as filed | 40-F · 31 Mar 2026 |
| EPS (diluted) ifrs-full:DilutedEarningsLossPerShare | FY 2025 | $3.24 | SEC XBRL, as filed | 40-F · 31 Mar 2026 |
| Operating cash flow ifrs-full:CashFlowsFromUsedInOperatingActivities | FY 2025 | $1,904,981,000 | SEC XBRL, as filed | 40-F · 31 Mar 2026 |
| Cash and equivalents ifrs-full:CashAndCashEquivalents | FY 2025 | $1,153,593,000 | SEC XBRL, as filed | 40-F · 31 Mar 2026 |
| Shares outstanding dei:EntityCommonStockSharesOutstanding | FY 2025 | 454,033,830 | SEC XBRL, as filed | 40-F · 31 Mar 2026 |
| Dividends paid ifrs-full:DividendsPaid | FY 2025 | $296,367,000 | SEC XBRL, as filed | 40-F · 31 Mar 2026 |
Annual figures only: this company files no quarterly XBRL with the SEC.
Seven-year statement history
Each fiscal year as the company first filed it with the SEC, in the currency it filed, never converted.
| Statement line | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | not available | $1,284,639,000 | $1,016,045,000 | $1,065,053,000 | $1,201,665,000 | $1,096,224,000 | $861,332,000 |
| Operating income | not available | not available | not available | not available | not available | not available | not available |
| Net income | not available | $529,140,000 | $537,644,000 | $669,126,000 | $754,885,000 | $507,804,000, restated in a later filing | $86,138,000 |
| Operating cash flow | not available | $1,027,581,000 | $750,809,000 | $743,424,000 | $845,145,000 | $765,442,000 | $501,620,000 |
| Capital expenditure | not available | not available | not available | not available | not available | not available | not available |
| Cash and equivalents | not available | $818,166,000 | $546,527,000 | $696,089,000 | $226,045,000 | $192,683,000 | $103,986,000 |
| Debt | not available | not available | not available | not available | $0 | $195,000,000 | $874,500,000 |
| Dividend per share | not available | not available | not available | not available | not available | not available | not available |
| Source | not available | 40-F · 31 Mar 2025 | 40-F · 28 Mar 2024 | 40-F · 31 Mar 2023 | 40-F · 31 Mar 2022 | 40-F · 31 Mar 2021 | 40-F · 30 Mar 2020 |
- A dash means the SEC filings carry no figure for that year. It is never zero.
- * The figure as first filed; restated in a later filing.
Filings
| Date | Source |
|---|---|
| 7 Aug 2026 | 6-K(7 Aug 2026) |
| 7 Aug 2026 | 6-K(7 Aug 2026) |
| 7 Jul 2026 | 6-K(7 Jul 2026) |
| 23 Jun 2026 | 6-K(23 Jun 2026) |
| 5 Jun 2026 | 6-K(5 Jun 2026) |
| 22 May 2026 | 6-K(22 May 2026) |
How to read this page
Costs are the company's own consolidated all-in sustaining cost (gold, silver) or C1 cash cost (copper), as stated, on the basis the company states; the reference price is the quarter's average from World Bank Commodity Price Data (CC BY 4.0); the margin is that price less the stated cost, a production-cost spread and not company net profit; financials are as filed in the filing currency, never converted; report dates are confirmed from the company's notice or estimated from its own past pattern and say which. The full methodology is on the Miner Margins page.