Wheaton Precious Metals Financial Statements
NYSE: WPMBasic MaterialsPrecious MetalsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Wheaton Precious Metals revenue and earnings
In fiscal 2025, Wheaton Precious Metals generated $2.31 billion in revenue, up 80.2% from fiscal 2024, its 2nd consecutive year of revenue growth. Net income was $1.47 billion (+178.1% year over year), for a net margin of 63.6% versus a median of 52.9% in the prior 5 years. Gross margin was 72.2% (up from 62.5%) and operating margin 68.3%.
Diluted earnings per share came in at $3.24, up from $1.17. Over the last 5 fiscal years, WPM's revenue has grown at a 16.1% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Wheaton Precious Metals income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.31B | 1.28B | 1.02B | 1.07B | 1.20B | 1.10B | 861.33M | 794.01M | 843.22M | 891.56M |
| Revenue growth (YoY) | +80.18% | +26.44% | -4.60% | -11.37% | +9.62% | +27.27% | +8.48% | -5.84% | -5.42% | — |
| Cost of Revenue | 642.95M | 482.05M | 442.61M | 499.57M | 542.74M | 510.65M | 515.38M | 498.08M | 506.18M | 563.14M |
| Gross Profit | 1.67B | 802.59M | 573.44M | 565.48M | 658.92M | 585.57M | 345.95M | 295.93M | 337.03M | 328.42M |
| Operating Expenses | 90.01M | 181.75M | 68.17M | 53.58M | -95.73M | 65.70M | 220.42M | 51.65M | 263.35M | — |
| Selling, General & Admin | 46.77M | 40.67M | 38.16M | 35.83M | 35.12M | 65.70M | 54.51M | 51.65M | 34.67M | 34.44M |
| Operating Income | 1.58B | 620.83M | 505.27M | 511.90M | 754.66M | 519.87M | 125.53M | 244.28M | 73.68M | — |
| Interest Expense | 5.76M | 5.55M | 5.51M | 5.59M | 5.82M | 16.71M | 48.73M | 41.19M | 30.40M | 24.19M |
| Pretax Income | 1.70B | 644.34M | 539.06M | 669.63M | 754.62M | 505.33M | 77.07M | 442.98M | 56.82M | 193.81M |
| Income Tax | 226.35M | 115.20M | 1.41M | 509.00K | -269.00K | -2.48M | -9.07M | 15.87M | -886.00K | -1.33M |
| Net Income | 1.47B | 529.14M | 537.64M | 669.13M | 754.88M | 507.80M | 86.14M | 427.12M | 57.70M | 195.14M |
| Net Income growth (YoY) | +178.13% | -1.58% | -19.65% | -11.36% | +48.66% | +489.52% | -79.83% | +640.20% | -70.43% | — |
| EPS (Basic) | 3.24 | 1.17 | 1.19 | 1.48 | 1.68 | 1.13 | 0.193 | 0.96 | 0.13 | 0.45 |
| EPS (Diluted) | 3.24 | 1.17 | 1.19 | 1.48 | 1.67 | 1.13 | 0.193 | 0.96 | 0.13 | 0.45 |
| Shares Outstanding (Basic) | 453.89M | 453.46M | 452.81M | 451.57M | 450.14M | 448.69M | 446.02M | 443.41M | 441.96M | 430.46M |
| Shares Outstanding (Diluted) | 454.69M | 454.12M | 453.46M | 452.34M | 451.17M | 450.07M | 446.93M | 443.86M | 442.44M | 430.85M |
| Gross Margin | 72.22% | 62.48% | 56.44% | 53.09% | 54.83% | 53.42% | 40.16% | 37.27% | 39.97% | 36.84% |
| Operating Margin | 68.33% | 48.33% | 49.73% | 48.06% | 62.80% | 47.42% | 14.57% | 30.77% | 8.74% | — |
| Net Margin | 63.58% | 41.19% | 52.92% | 62.83% | 62.82% | 46.32% | 10.00% | 53.79% | 6.84% | 21.89% |
This table shows 10 annual periods of Wheaton Precious Metals's income statement, from FY 2025 back to FY 2016, across 17 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow WPM's reporting calendar. What is a income statement?