Wheaton Precious Metals (WPM.TO) Stock Price

Wheaton Precious Metals Price

TSX·CLOSED
134.21USD+13.92 (+10.94 %)
Market closed

Over the last 19 years Wheaton Precious Metals grew revenue by 16.5% annually, reaching 1.28 B USD. Earnings per share have grown at 11.5% per year over the last 19 years. For Wheaton Precious Metals, the net margin of 41.2% is down versus 46.3% a few years ago. At today's price the dividend yield works out to roughly 0.46%. The payout ratio is around 53% of earnings. The dividend has grown at 10.0% per year over the past 13 years. The consensus 12-month price target for Wheaton Precious Metals is 143.27 USD, about 6.8% above where the stock trades today. Of 16 analysts, 15 rate the stock a buy — an overall Buy consensus. The stock trades about 46% above its 52-week low.

Wheaton Precious Metals stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Wheaton Precious Metals over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Wheaton Precious Metals stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Wheaton Precious Metals's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Wheaton Precious Metals Stock Price History
DateWheaton Precious Metals Price
8/14/2026134.21 USD
6/19/2026120.29 USD
6/18/2026124.68 USD
6/17/2026132.01 USD
6/16/2026127.58 USD
6/15/2026124.76 USD
6/12/2026115.53 USD
6/11/2026108.50 USD
6/10/2026108.19 USD
6/9/2026112.79 USD
6/8/2026115.13 USD
6/5/2026121.98 USD
6/4/2026128.80 USD
6/3/2026127.84 USD
6/2/2026129.39 USD
6/1/2026126.25 USD
5/29/2026131.52 USD
5/28/2026129.62 USD
5/27/2026128.64 USD
5/26/2026129.81 USD
5/25/2026132.53 USD
5/22/2026125.87 USD
5/21/2026126.48 USD
5/20/2026126.42 USD
5/19/2026124.70 USD
5/15/2026130.95 USD
5/14/2026139.47 USD
5/13/2026142.25 USD
5/12/2026142.93 USD
5/11/2026143.65 USD
5/8/2026138.68 USD
5/7/2026131.15 USD
5/6/2026133.92 USD
5/5/2026124.63 USD
5/4/2026123.41 USD
5/1/2026124.74 USD
4/30/2026125.27 USD
4/29/2026124.73 USD
4/28/2026129.27 USD
4/27/2026135.91 USD
4/24/2026139.06 USD
4/23/2026141.63 USD
4/22/2026144.58 USD
4/21/2026141.64 USD
4/20/2026148.71 USD
4/17/2026152.38 USD
4/16/2026144.91 USD
4/15/2026148.25 USD
4/14/2026148.63 USD
4/13/2026145.88 USD
4/10/2026146.20 USD
4/9/2026142.20 USD
4/8/2026141.74 USD
4/7/2026138.04 USD
4/6/2026136.25 USD
4/2/2026137.88 USD
4/1/2026138.81 USD
3/31/2026133.32 USD
3/30/2026125.80 USD
3/27/2026126.05 USD
3/26/2026120.43 USD
3/25/2026123.78 USD
3/24/2026121.18 USD
3/23/2026119.90 USD
3/20/2026114.69 USD
3/19/2026121.48 USD
3/18/2026129.03 USD
3/17/2026137.28 USD
3/16/2026139.17 USD
3/13/2026140.28 USD
3/12/2026145.18 USD
3/11/2026147.53 USD
3/10/2026149.59 USD
3/9/2026146.77 USD
3/6/2026145.82 USD
3/5/2026147.53 USD
3/4/2026153.32 USD
3/3/2026151.07 USD
3/2/2026165.47 USD
2/27/2026162.28 USD
2/26/2026160.73 USD
2/25/2026157.15 USD
2/24/2026157.46 USD
2/23/2026155.91 USD
2/20/2026150.15 USD
2/19/2026145.37 USD
2/18/2026144.85 USD
2/17/2026141.63 USD
2/13/2026145.06 USD
2/12/2026138.36 USD
2/11/2026147.68 USD
2/10/2026143.12 USD
2/9/2026141.35 USD
2/6/2026135.73 USD
2/5/2026130.83 USD
2/4/2026139.81 USD
2/3/2026136.26 USD
2/2/2026131.85 USD
1/30/2026130.98 USD
1/29/2026149.99 USD
1/28/2026154.49 USD
1/27/2026148.29 USD
1/26/2026148.02 USD
1/23/2026146.21 USD
1/22/2026144.75 USD
1/21/2026138.96 USD
1/20/2026143.01 USD
1/19/2026139.61 USD
1/16/2026137.47 USD
1/15/2026137.46 USD
1/14/2026135.02 USD
1/13/2026132.56 USD
1/12/2026130.25 USD
1/9/2026126.89 USD
1/8/2026125.28 USD
1/7/2026124.40 USD
1/6/2026126.35 USD
1/5/2026121.46 USD
1/2/2026118.23 USD
12/31/2025117.81 USD
12/30/2025118.84 USD
12/29/2025117.37 USD
12/24/2025121.41 USD
12/23/2025122.79 USD
12/22/2025122.69 USD
12/19/2025120.38 USD
12/18/2025116.12 USD
12/17/2025115.72 USD
12/16/2025115.07 USD
12/15/2025116.38 USD
12/12/2025118.09 USD
12/11/2025117.91 USD
12/10/2025113.69 USD
12/9/2025110.47 USD
12/8/2025106.22 USD
12/5/2025109.20 USD
12/4/2025110.87 USD
12/3/2025110.03 USD
12/2/2025109.98 USD
12/1/2025112.51 USD
11/28/2025112.05 USD
11/27/2025109.10 USD
11/26/2025109.49 USD
11/25/2025105.56 USD
11/24/2025105.82 USD
11/21/2025102.15 USD
11/20/2025102.52 USD
11/19/2025106.84 USD
11/18/2025105.19 USD
11/17/2025104.90 USD
11/14/2025106.71 USD
11/13/2025108.25 USD
11/12/2025110.24 USD
11/11/2025106.45 USD
11/10/2025104.69 USD
11/7/2025101.47 USD
11/6/202599.29 USD
11/5/202599.55 USD
11/4/202597.11 USD
11/3/202599.73 USD
10/31/202598.89 USD
10/30/2025100.19 USD
10/29/202596.92 USD
10/28/202597.11 USD
10/27/202596.48 USD
10/24/2025100.34 USD
10/23/2025100.29 USD
10/22/202599.20 USD
10/21/202598.06 USD
10/20/2025108.02 USD
10/17/2025106.96 USD
10/16/2025116.39 USD
10/15/2025113.08 USD
10/14/2025111.09 USD
10/10/2025107.79 USD
10/9/2025105.85 USD
10/8/2025109.24 USD
10/7/2025110.33 USD
10/6/2025111.84 USD
10/3/2025111.69 USD
10/2/2025111.94 USD
10/1/2025113.47 USD
9/30/2025113.71 USD
9/29/2025112.33 USD
9/26/2025110.98 USD
9/25/2025109.31 USD
9/24/2025106.84 USD
9/23/2025108.79 USD
9/22/2025108.71 USD
9/19/2025108.44 USD
9/18/2025105.55 USD
9/17/2025105.65 USD
9/16/2025105.71 USD
9/15/2025108.33 USD
9/12/2025107.79 USD
9/11/2025108.38 USD
9/10/2025106.77 USD
9/9/2025105.89 USD
9/8/2025106.93 USD
9/5/2025105.46 USD
9/4/2025103.71 USD
9/3/2025103.33 USD
9/2/2025102.16 USD
8/29/2025100.70 USD
8/28/202597.62 USD
8/27/202597.25 USD
8/26/202597.63 USD
8/25/202596.66 USD
8/22/202596.49 USD
8/21/202595.81 USD
8/20/202594.45 USD
8/19/202592.16 USD
8/18/202594.16 USD
Access this data via the Eulerpool API

Wheaton Precious Metals Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2022
1.07 B USD
503.30 M USD
669.10 M USD
Jan 1, 2023
1.02 B USD
505.27 M USD
537.64 M USD
Jan 1, 2024
1.28 B USD
729.69 M USD
529.14 M USD
Jan 1, 2025 (e)
2.22 B USD
1.32 B USD
1.32 B USD
Jan 1, 2026 (e)
3.84 B USD
2.29 B USD
2.22 B USD
Jan 1, 2027 (e)
4.24 B USD
2.53 B USD
2.42 B USD
Jan 1, 2028 (e)
4.38 B USD
2.61 B USD
2.51 B USD
Jan 1, 2029 (e)
4.13 B USD
2.46 B USD
2.39 B USD

Wheaton Precious Metals Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 16, 2026, 2:10 PM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITB USD
EBIT MARGIN%
NET INCOMEB USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
20152016201720182019202020212022202320242025e2026e2027e2028e2029e2030e
0.650.890.840.790.861.101.201.071.021.282.223.844.244.384.134.07
4.5237.50-5.39-5.818.4427.299.58-11.32-4.6026.3872.9872.7610.613.13-5.73-1.26
39.9736.8139.9837.1540.0753.3854.7953.0556.4062.4662.4662.4662.4662.4662.4662.46
0.260.330.340.300.350.590.660.570.570.801.392.402.652.732.582.54
0.230.290.300.240.290.520.600.500.510.731.322.292.532.612.462.43
35.0333.0035.8230.7333.8047.3549.7947.2349.7056.7859.5759.5559.5459.5659.5559.55
-0.160.200.060.430.090.510.750.670.540.531.322.222.422.512.392.73
-181.41-220.37-70.77649.12-79.86489.5348.72-11.27-19.73-1.49150.0967.808.783.93-4.8614.20
0.200.210.330.360.360.420.570.600.600.620.660.720.79
-23.085.0057.149.0916.6735.715.263.336.459.099.72
395.80430.80442.40443.90446.90450.10451.20452.30453.46454.12454.12454.12454.12454.12454.12454.12
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Wheaton Precious Metals generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Wheaton Precious Metals retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Wheaton Precious Metals's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Wheaton Precious Metals has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Wheaton Precious Metals's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Wheaton Precious Metals stock margins

The Wheaton Precious Metals margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Wheaton Precious Metals. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Wheaton Precious Metals.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2020
53.42 %
47.43 %
46.32 %
Jan 1, 2021
54.83 %
49.76 %
62.82 %
Jan 1, 2022
53.09 %
47.25 %
62.82 %
Jan 1, 2023
56.44 %
49.73 %
52.92 %
Jan 1, 2024
62.48 %
56.80 %
41.19 %
Jan 1, 2025 (e)
62.48 %
59.55 %
59.58 %
Jan 1, 2026 (e)
62.48 %
59.55 %
57.87 %
Jan 1, 2027 (e)
62.48 %
59.55 %
56.91 %

Wheaton Precious Metals Stock Revenue, EBIT, Earnings per Share

The Wheaton Precious Metals earnings per share therefore indicates how much revenue Wheaton Precious Metals has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2020
2.44 USD
1.16 USD
1.13 USD
Jan 1, 2021
2.66 USD
1.33 USD
1.67 USD
Jan 1, 2022
2.35 USD
1.11 USD
1.48 USD
Jan 1, 2023
2.24 USD
1.11 USD
1.19 USD
Jan 1, 2024
2.83 USD
1.61 USD
1.17 USD
Jan 1, 2025 (e)
4.89 USD
2.91 USD
2.92 USD
Jan 1, 2026 (e)
8.45 USD
5.03 USD
4.89 USD
Jan 1, 2027 (e)
9.35 USD
5.57 USD
5.32 USD

Wheaton Precious Metals business model & stock analysis

Wheaton Precious Metals Corp is a Canadian company specializing in the trading of precious metals. The company was founded in 2004 and is headquartered in Vancouver. Wheaton Precious Metals Corp pursues a unique business model based on the trading of precious metals. The company is not a mining company that extracts precious metals itself, but a commodity trader that does business with mining companies. The company purchases shares in future productions of precious metals, such as gold, silver, palladium, and copper, from these companies. The idea behind Wheaton Precious Metals Corp's business model is that mining companies receive capital to build and operate their mines. In return, Wheaton Precious Metals Corp receives the right to a portion of the mining company's production. This concept eliminates the risk of exploration and production losses and guarantees commodity traders the right to a share of the profits. The company operates three different divisions to extract precious metals in various countries, including Canada, Mexico, Peru, Brazil, Chile, Argentina, Portugal, Sweden, Finland, Greece, and the United States. The first division of Wheaton Precious Metals Corp is the oil sands division, which sources precious metals from mining companies in North and Latin America. The second division is the silver division, which focuses on silver mining in Mexico and Peru. The third division is the gold division, which focuses on gold mining in North and South America. Wheaton Precious Metals Corp is also known for its products that are important for investors and collectors. The company offers a variety of coins and bars made of precious metals such as gold and silver. These are extremely interesting for investors who want to invest in precious metals. The collector's items are a must-have for collectors and coin enthusiasts. To ensure that the company operates in accordance with strict environmental and social standards, Wheaton Precious Metals Corp has introduced a code of conduct for partner companies that extract precious metals for Wheaton Precious Metals Corp. These standards address issues such as employee health and safety, environmental sustainability, and social responsibility. In terms of finances, Wheaton Precious Metals Corp has built an impressive balance sheet. The company has consistently seen an increase in its revenues and net profits in recent years and is among the leading companies in this sector. In summary, Wheaton Precious Metals Corp is a successful Canadian company specializing in the trading of precious metals. Through its unique business model and various divisions, the company is able to extract and sell precious metals in different countries. The products offered by the company are interesting for investors and collectors. The environmental and social standards established by Wheaton Precious Metals Corp for partner companies demonstrate a commitment to environmental sustainability and social responsibility.

Wheaton Precious Metals SWOT Analysis

Strengths

Wheaton Precious Metals Corp has a strong position in the precious metals industry, being one of the largest streaming companies globally. They have established long-term contracts with a diverse portfolio of mining companies, ensuring a steady supply of gold, silver, and other precious metals.

The company's unique business model allows them to generate significant cash flows without being directly involved in mining operations. This provides them with flexibility and reduces operational risks associated with mining activities.

Despite its strong position, Wheaton Precious Metals Corp is still dependent on the mining companies it has contracts with. Any operational issues, delays, or production declines from these mining partners could impact the company's future revenue and profitability.

Being part of the precious metals industry, Wheaton Precious Metals Corp is exposed to fluctuations in commodity prices. Lower metal prices can affect the profitability of the company, as they receive a percentage of the metals produced by their partners at predetermined prices.

The growing demand for gold and silver due to their role as safe-haven assets presents an opportunity for Wheaton Precious Metals Corp. As investors seek to diversify their portfolios and protect against economic uncertainties, the company can benefit from increased metal prices and higher demand for streaming agreements.

There is also potential for expansion into new geographic regions and partnerships with additional mining companies. This would allow Wheaton Precious Metals Corp to further diversify its portfolio and tap into new sources of precious metals production.

The mining industry is subject to various risks, including environmental regulations, geopolitical factors, and community opposition. These risks can impact the production and operations of mining companies, subsequently affecting Wheaton Precious Metals Corp's access to metals and profitability.

Another threat is the potential emergence of alternative investments or technological advancements that could reduce the demand for precious metals. Shifts in investor preferences towards other assets or the development of synthetic alternatives may pose a long-term challenge for the company.

Weaknesses

Despite its strong position, Wheaton Precious Metals Corp is still dependent on the mining companies it has contracts with. Any operational issues, delays, or production declines from these mining partners could impact the company's future revenue and profitability.

Being part of the precious metals industry, Wheaton Precious Metals Corp is exposed to fluctuations in commodity prices. Lower metal prices can affect the profitability of the company, as they receive a percentage of the metals produced by their partners at predetermined prices.

The growing demand for gold and silver due to their role as safe-haven assets presents an opportunity for Wheaton Precious Metals Corp. As investors seek to diversify their portfolios and protect against economic uncertainties, the company can benefit from increased metal prices and higher demand for streaming agreements.

There is also potential for expansion into new geographic regions and partnerships with additional mining companies. This would allow Wheaton Precious Metals Corp to further diversify its portfolio and tap into new sources of precious metals production.

The mining industry is subject to various risks, including environmental regulations, geopolitical factors, and community opposition. These risks can impact the production and operations of mining companies, subsequently affecting Wheaton Precious Metals Corp's access to metals and profitability.

Another threat is the potential emergence of alternative investments or technological advancements that could reduce the demand for precious metals. Shifts in investor preferences towards other assets or the development of synthetic alternatives may pose a long-term challenge for the company.

Opportunities

The growing demand for gold and silver due to their role as safe-haven assets presents an opportunity for Wheaton Precious Metals Corp. As investors seek to diversify their portfolios and protect against economic uncertainties, the company can benefit from increased metal prices and higher demand for streaming agreements.

There is also potential for expansion into new geographic regions and partnerships with additional mining companies. This would allow Wheaton Precious Metals Corp to further diversify its portfolio and tap into new sources of precious metals production.

The mining industry is subject to various risks, including environmental regulations, geopolitical factors, and community opposition. These risks can impact the production and operations of mining companies, subsequently affecting Wheaton Precious Metals Corp's access to metals and profitability.

Another threat is the potential emergence of alternative investments or technological advancements that could reduce the demand for precious metals. Shifts in investor preferences towards other assets or the development of synthetic alternatives may pose a long-term challenge for the company.

Threats

The mining industry is subject to various risks, including environmental regulations, geopolitical factors, and community opposition. These risks can impact the production and operations of mining companies, subsequently affecting Wheaton Precious Metals Corp's access to metals and profitability.

Another threat is the potential emergence of alternative investments or technological advancements that could reduce the demand for precious metals. Shifts in investor preferences towards other assets or the development of synthetic alternatives may pose a long-term challenge for the company.

Wheaton Precious Metals Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Wheaton Precious Metals historical P/E ratio, EBIT multiple, and P/S ratio

Wheaton Precious Metals annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Wheaton Precious Metals shares outstanding

The number of shares of Wheaton Precious Metals was 454.12 M in 2025. This indicates how many shares Wheaton Precious Metals is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2020
450.10 M Stocks
Jan 1, 2021
451.20 M Stocks
Jan 1, 2022
452.30 M Stocks
Jan 1, 2023
453.46 M Stocks
Jan 1, 2024
454.12 M Stocks
Jan 1, 2025 (e)
454.12 M Stocks
Jan 1, 2026 (e)
454.12 M Stocks
Jan 1, 2027 (e)
454.12 M Stocks

Wheaton Precious Metals stock splits

In Wheaton Precious Metals's history, there have been no stock splits.

Wheaton Precious Metals Dividend History

16 years of dividend payments · 2 consecutive increases

YearAnnual DividendYoY ChangePayments
20260.54USDYTD
Mar 31, 20260.27USD 64.2%1/2
May 27, 20260.27USD 0.7%2/2
20250.66USD 6.5%
Apr 1, 20250.17USD 6.5%1/4
May 28, 20250.17USD 0.0%2/4
Aug 21, 20250.17USD 0.0%3/4
Nov 20, 20250.17USD 0.0%4/4
20240.62USD 3.3%
20230.60USD 0.0%
20220.60USD 5.3%
20210.57USD 35.7%
20200.42USD 16.7%
20190.36USD 0.0%
20180.36USD 9.1%
20170.33USD 57.1%

Wheaton Precious Metals dividend history and estimates

In 2025, Wheaton Precious Metals paid a dividend amounting to 0.66 USD. Dividend means that Wheaton Precious Metals distributes a portion of its profits to its owners.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2020
0.42 USD
0.00 USD
Jan 1, 2021
0.57 USD
0.00 USD
Jan 1, 2022
0.60 USD
0.00 USD
Jan 1, 2023
0.60 USD
0.00 USD
Jan 1, 2024
0.62 USD
0.00 USD
Jan 1, 2025
0.66 USD
0.00 USD
Jan 1, 2026 (e)
0.00 USD
0.72 USD
Jan 1, 2027 (e)
0.00 USD
0.79 USD

Wheaton Precious Metals dividend payout ratio

In 2025, Wheaton Precious Metals had a payout ratio of 22.64%. The payout ratio indicates the percentage of the company's profits that Wheaton Precious Metals distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2020
37.17 %
Jan 1, 2021
34.13 %
Jan 1, 2022
40.54 %
Jan 1, 2023
50.61 %
Jan 1, 2024
53.21 %
Jan 1, 2025 (e)
22.64 %
Jan 1, 2026 (e)
14.77 %
Jan 1, 2027 (e)
14.87 %

Current Wheaton Precious Metals forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
8.33 %
Buy
93.75 % (15)
Hold
6.25 % (1)
Sell
0.00 % (0)
12M Price Target
143.27
Last Price
120.29
Currency
USD
12M Return Potential
19.11 %
LTM Return
0 %

Wheaton Precious Metals Analyst Rating Actions

DateFirmActionRatingReliability
7/14/2026
Scotiabank
Scotiabank
MaintainedSector Outperform75
7/9/2026
B of A Securities
B of A Securities
MaintainedBuy70
7/6/2026
Jefferies
Jefferies
MaintainedBuy47
6/30/2026
UBS
UBS
MaintainedBuy51
5/14/2026
Scotiabank
Scotiabank
MaintainedSector Outperform75
3/27/2026
UBS
UBS
UpgradeNeutralBuy51
3/16/2026
TD Securities
TD Securities
MaintainedBuy
3/16/2026
TD Cowen
TD Cowen
MaintainedBuy60
3/16/2026
Scotiabank
Scotiabank
MaintainedSector Outperform75
12/10/2025
RBC Capital
RBC Capital
UpgradeSector PerformOutperform52

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Wheaton Precious Metals Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
5/2/20240.30USD-344.57 MUSD-2024 Q1
3/7/20240.30USD-284.34 MUSD-2023 Q4
8/9/20230.28USD-267.42 MUSD-2023 Q2
5/3/20230.29USD-259.48 MUSD-2023 Q1
3/8/20230.27USD-256.72 MUSD-2022 Q4
11/3/20220.22USD-238.43 MUSD-2022 Q3
8/11/20220.32USD-293.08 MUSD-2022 Q2
5/5/20220.35USD-308.26 MUSD-2022 Q1
3/10/20220.31USD-290.48 MUSD-2021 Q4
11/4/20210.35USD-325.49 MUSD-2021 Q3

EESG©

Eulerpool ESG Scorecard© for the Wheaton Precious Metals stock

80/100
90
Environment
99
Social
52
Governance
E

Environment

20
Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy93.1
Scope 3 - Indirect emissions within the value chain248,311
Total CO₂ emissions93.1
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees44
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Wheaton Precious Metals shareholder structure

% Name
8.54263%
Capital World Investors
Capital World Investors
4.04100%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
3.98492%
First Eagle Investment Management, L.L.C.
First Eagle Investment Management, L.L.C.
3.87409%
Van Eck Associates Corporation
Van Eck Associates Corporation
3.34505%
Fidelity Management & Research Company LLC
Fidelity Management & Research Company LLC
2.24220%
Fidelity Investments Canada ULC
Fidelity Investments Canada ULC
...

Wheaton Precious Metals Beneficial Ownership Filings (SEC 13D/G)

Free Float
99.8%
Float Shares
-
Shares Outstanding
-

Wheaton Precious Metals Executives and Management Board

14 members · avg. age 61 · 36 % women

RS

Mr. Randy Smallwood (60)

Chief Executive Officer, Director

8.15 M USD

Management

HH

Mr. Haytham Hodaly

President

3.08 M USD
CB

Mr. Curt Bernardi

Executive Vice President - Strategy, General Counsel

3.08 M USD
PD

Mr. Patrick Drouin

Chief Sustainability Officer and President of Wheaton International

2.46 M USD
VL

Mr. Vincent Lau

Chief Financial Officer, Senior Vice President

EM

Ms. Emma Murray

Vice President - Investor Relations · since 2024

Board of Directors

GB

Mr. George Brack (63)

Independent Chairman of the Board

478,900.00 USD
CG

Ms. Chantal Gosselin (55)

Independent Director

347,708.00 USD
MS

Ms. Marilyn Schonberner (65)

Independent Director

335,836.00 USD
CJ

Mr. Charles Jeannes (66)

Independent Director

325,768.00 USD
JD

Ms. Jaimie Donovan (47)

Independent Director

291,809.00 USD
GI

Mr. Glenn Ives (65)

Independent Director

288,908.00 USD

Frequently asked questions about Wheaton Precious Metals

The business model of Wheaton Precious Metals Corp is focused on being a precious metals streaming company. They provide upfront capital to mining companies in exchange for the right to purchase future precious metals production at a predetermined price. As a result, Wheaton Precious Metals Corp benefits from both rising precious metals prices and increased production from their partner mining companies. This unique business model allows them to generate stable cash flows without being directly involved in day-to-day mining operations. Wheaton Precious Metals Corp's focus on long-term partnerships positions them as a leading player in the precious metals streaming industry.

Wheaton Precious Metals Corp is primarily active in the precious metals industry.

The main competitors of Wheaton Precious Metals Corp in the market are Barrick Gold Corporation, Newmont Corporation, and Franco-Nevada Corporation.

Wheaton Precious Metals Corp, formerly known as Silver Wheaton Corp, is a prominent precious metals streaming company. Founded in 2004, it has emerged as one of the largest silver and gold streaming companies globally. Wheaton provides upfront payments to mining companies in exchange for the right to purchase precious metals production at a fixed price. This business model allows Wheaton to profit from the future price appreciation of precious metals with limited exposure to operational risks. With a diversified portfolio, Wheaton partners with mining companies worldwide and has enjoyed steady growth over the years. Today, Wheaton Precious Metals Corp is recognized as a trusted leader in the precious metals streaming industry.

Wheaton Precious Metals Corp has achieved significant milestones throughout its history. As a leading precious metals streaming company, Wheaton Precious Metals Corp has consistently delivered exceptional results. The company has successfully expanded its portfolio by acquiring various precious metal streaming agreements, enhancing its global presence and diversifying its asset base. Moreover, Wheaton Precious Metals Corp has maintained strong relationships with mining partners and continues to build long-term partnerships to ensure a steady supply of precious metals. With its dedication to sustainability and responsible mining practices, Wheaton Precious Metals Corp has garnered recognition and trust within the industry, solidifying its position as a top player in the precious metals market.

Wheaton Precious Metals Corp is primarily present in various countries and regions worldwide. The company has a diverse portfolio, with significant operations in Canada, Mexico, Peru, Brazil, the United States, and Finland. With its global presence, Wheaton Precious Metals Corp strategically invests in mining projects across these countries and regions, focusing on precious metal production.

Wheaton Precious Metals Corp represents values of transparency, integrity, and responsible mining practices. The company is committed to delivering sustainable returns to its shareholders and creating long-term value through its streaming model. Wheaton Precious Metals focuses on establishing mutually beneficial partnerships with mining companies worldwide, providing them upfront payments in exchange for the right to purchase a percentage of their future precious metal production at a predetermined price. By adhering to this corporate philosophy, Wheaton Precious Metals seeks to maintain strong relationships with its partners and ensure sustainable growth in the precious metals industry.

Analysts currently set an average price target of 148.98 USD for the Wheaton Precious Metals stock (median: 143.27 USD), implying +23.9 % versus the latest price. The consensus is based on 16 analyst ratings.

16 analysts currently rate the Wheaton Precious Metals stock: 15 recommend buying, 1 holding and 0 selling. For 2026, analysts expect Wheaton Precious Metals to generate revenue of 3.84 B USD and earnings per share of 4.89 USD.

Converted at the current exchange rate, the Wheaton Precious Metals share trades at 116.06 EUR (134.21 USD).

The Wheaton Precious Metals share (WPM.TO) is listed on 10 stock exchanges, including: NYSE (WPM), XETRA (SII.DE), Frankfurt (SII.F), München (SII.MU), Düsseldorf (SII.DU), Hamburg (SII.HM), London (WPM.L), London (WPM.L).

Wheaton Precious Metals Corp is a leading company in the commodity sector specializing in trading precious metals. They operate a unique business model based on partnerships with mining companies. Wheaton Precious Metals provides capital to mining companies for the development of new mines or the expansion of existing mining facilities. In return, they receive a percentage of the future production volume of the project. This partnership is attractive to mining companies as they do not take on debt or provide equity capital. This is particularly important for small and medium-sized mining companies to make larger investments. Wheaton Precious Metals is specialized in various precious metals, including gold, silver, palladium, and platinum. They have operations or development projects in North and South America, Europe, Asia, and Australia. To sustain their business, Wheaton Precious Metals offers various products, including the raw metal itself, which is delivered to them by the mining companies after production. These raw materials are then sold to jewelers, individuals, or other companies. They also offer metal streaming contracts, allowing mining companies to finance new projects without giving up full control and ownership of their mining projects. In return, Wheaton Precious Metals receives a fixed number of metal units from the mine at a discounted price. Another product they offer is options contracts, which allow mining companies to utilize the company to achieve their growth goals with flexible and tailored financing tools. In summary, Wheaton Precious Metals is a leading commodity trading company with an attractive business model. Through partnerships with mining companies, they have access to a variety of precious metals and distribute them internationally. With various products such as raw metal, metal streaming contracts, and options contracts, the company can provide flexible and tailored financing solutions to mining companies.

The expected revenue of Wheaton Precious Metals is 3.84 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Wheaton Precious Metals is 2.22 B USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Wheaton Precious Metals is currently 27.44. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Wheaton Precious Metals stock.

The price-to-sales ratio (P/S) of Wheaton Precious Metals is currently 15.88. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Wheaton Precious Metals stock.

The Eulerpool Quality Score for Wheaton Precious Metals is 6/10.

The ISIN of Wheaton Precious Metals is CA9628791027. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Wheaton Precious Metals is A2DRBP. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Wheaton Precious Metals is WPM.TO. The ticker symbol is used to trade Wheaton Precious Metals shares on the stock exchange.

Over the past 12 months, Wheaton Precious Metals paid a dividend of 0.62 USD . This corresponds to a dividend yield of about 0.46 %. For the coming 12 months, Wheaton Precious Metals is expected to pay a dividend of 0.79 USD.

The current dividend yield of Wheaton Precious Metals is 0.46 %.

Wheaton Precious Metals pays a dividend, distributed in the months of , , , .

Wheaton Precious Metals paid dividends every year for the past 15 years.

For the upcoming 12 months, dividends amounting to 0.79 USD are expected. This corresponds to a dividend yield of 0.66 %.

Wheaton Precious Metals is assigned to the 'Commodities' sector.

In the year 2025, Wheaton Precious Metals distributed 0.62 USD as dividends.

The dividends of Wheaton Precious Metals are distributed in USD.

All fundamentals and in-depth analysis of Wheaton Precious Metals

Our stock analysis for Wheaton Precious Metals stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Wheaton Precious Metals. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.