Wheaton Precious Metals annual gross margin
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Wheaton Precious Metals Gross Margin Growth & History (WPM)
Wheaton Precious Metals's gross margin was 72.22% for fiscal 2025.
View full Wheaton Precious Metals company overviewWheaton Precious Metals annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 72.22% | +9.75 pp |
| 2024 | 2024-12-31 | 62.48% | +6.04 pp |
| 2023 | 2023-12-31 | 56.44% | +3.34 pp |
| 2022 | 2022-12-31 | 53.09% | −1.74 pp |
| 2021 | 2021-12-31 | 54.83% | +1.42 pp |
| 2020 | 2020-12-31 | 53.42% | +13.25 pp |
| 2019 | 2019-12-31 | 40.16% | +2.89 pp |
| 2018 | 2018-12-31 | 37.27% | −2.70 pp |
| 2017 | 2017-12-31 | 39.97% | +3.13 pp |
| 2016 | 2016-12-31 | 36.84% | — |
Wheaton Precious Metals quarterly gross margin
Q2.17
Q2.18
Q2.19
Q2.20
Q2.21
Q2.22
Q2.23
Q2.24
Q2.25
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2025 | 2025-06-30 | 70.16% | +15.18 pp |
| Q2 2024 | 2024-06-30 | 62.26% | +12.22 pp |
| Q2 2023 | 2023-06-30 | 57.31% | +21.89 pp |
| Q2 2022 | 2022-06-30 | 53.58% | +12.46 pp |
| Q2 2021 | 2021-06-30 | 54.98% | +13.45 pp |
| Q2 2020 | 2020-06-30 | 50.04% | — |
| Q2 2019 | 2019-06-30 | 35.42% | — |
| Q2 2018 | 2018-06-30 | 41.11% | — |
| Q2 2017 | 2017-06-30 | 41.53% | — |
Wheaton Precious Metals gross margin trends
Over the last five reported fiscal years, Wheaton Precious Metals's gross margin increased from 53.42% to 72.22%, a change of +18.80 percentage points. The latest reported quarter, Q2 2025, shows 70.16%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Wheaton Precious Metals filings at SEC.gov ↗