Wheaton Precious Metals Corp.
WPM- Exchange
- NYSE
- Industry
- Gold and Silver Ores
- SEC CIK
- 0001323404
No open-market purchases or sales by Wheaton Precious Metals Corp. insiders were filed in the last 90 days; 856 institutions reported holding it in 13F filings for Q2 2026, worth $33.0B in total; Maverick Capital is the only superinvestor holding it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 12:48 PM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 40-F | 40-F | 40-F | 40-F | 40-F |
| Reported | – | – | – | – | – |
| Revenue | $2.31B | $1.28B | $1.02B | $1.07B | $1.20B |
| Cost of revenue | $643.0M | $482.1M | $442.6M | $499.6M | $542.7M |
| Gross profit | $1.67B | $802.6M | $573.4M | $565.5M | $658.9M |
| Selling, general and administrative | $46.8M | $40.7M | $38.2M | $35.8M | $61.0M |
| Operating income | $1.58B | $620.8M | $505.3M | $511.9M | $754.7M |
| Interest expense | $5.76M | $5.55M | $5.51M | $5.59M | $5.82M |
| Income tax | $226.3M | $115.2M | $1.41M | $509.0K | -$269.0K |
| Net income | $1.47B | $529.1M | $537.6M | $669.1M | $754.9M |
| EPS, basic | $3.24 | $1.17 | $1.19 | $1.48 | $1.68 |
| EPS, diluted | $3.24 | $1.17 | $1.19 | $1.48 | $1.67 |
| Weighted shares, basic | 453.9M | 453.5M | 452.8M | 451.6M | 450.1M |
| Weighted shares, diluted | 454.7M | 454.1M | 453.5M | 452.3M | 451.2M |
| Margins and growth | |||||
| Gross margin | 72.2% | 62.5% | 56.4% | 53.1% | 54.8% |
| Operating margin | 68.3% | 48.3% | 49.7% | 48.1% | 62.8% |
| Net margin | 63.6% | 41.2% | 52.9% | 62.8% | 62.8% |
| Revenue growth, year over year | +80.2% | +26.4% | −4.6% | −11.4% | +9.6% |
| Net income growth, year over year | +178.1% | −1.6% | −19.6% | −11.4% | +48.7% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 40-F | 40-F | 40-F | 40-F | 40-F |
| Reported | – | – | – | – | – |
| Cash and equivalents | $1.15B | $818.2M | $546.5M | $696.1M | $226.0M |
| Accounts receivable | $46.7M | $6.22M | $10.1M | $10.2M | $11.6M |
| Inventory | – | $0 | $1.37M | $10.5M | $8.71M |
| Total current assets | $1.20B | $828.1M | $567.4M | $720.1M | $249.7M |
| Property, plant and equipment | $9.93M | $8.69M | $7.64M | $4.21M | $5.51M |
| Intangible assets | $1.12M | $1.50M | $1.89M | $2.27M | $2.65M |
| Total assets | $9.13B | $7.42B | $7.03B | $6.76B | $6.30B |
| Accounts payable | $22.6M | $13.6M | $13.5M | $12.6M | $13.9M |
| Total current liabilities | $154.7M | $29.5M | $26.1M | $30.7M | $29.7M |
| Total liabilities | $435.3M | $165.1M | $45.7M | $42.2M | $46.0M |
| Shareholders' equity | $8.69B | $7.26B | $6.99B | $6.72B | $6.25B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 40-F | 40-F | 40-F | 40-F | 40-F |
| Reported | – | – | – | – | – |
| Operating cash flow | $1.90B | $1.03B | $750.8M | $743.4M | $845.1M |
| Stock-based compensation | $26.0M | $16.6M | $16.3M | -$4.20M | -$2.92M |
| Dividends paid | $296.4M | $279.1M | $265.1M | $237.1M | $218.1M |
| Investing cash flow | -$1.28B | -$488.3M | -$646.6M | -$44.3M | -$404.2M |
| Financing cash flow | -$290.6M | -$267.4M | -$254.2M | -$228.9M | -$407.6M |
| Net change in cash | $335.4M | $271.6M | -$149.6M | $470.0M | $33.4M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 1.1% | 1.3% | 1.6% | -0.4% | -0.2% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Dec 31, 2025 | 454.0M | +0.1% | SEC |
| Dec 31, 2024 | 453.7M | +0.1% | SEC |
| Dec 31, 2023 | 453.1M | +0.2% | SEC |
| Dec 31, 2022 | 452.3M | +0.3% | SEC |
| Dec 31, 2021 | 450.9M | +0.3% | SEC |
| Dec 31, 2020 | 449.5M | +0.3% | SEC |
| Dec 31, 2019 | 448.2M | +0.9% | SEC |
| Dec 31, 2018 | 444.3M | +0.4% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.