Wheaton Precious Metals annual operating margin
2017
2018
2019
2020
2021
2022
2023
2024
2025
Wheaton Precious Metals Operating Margin Growth & History (WPM)
Wheaton Precious Metals's operating margin was 68.33% for fiscal 2025.
View full Wheaton Precious Metals company overviewWheaton Precious Metals annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 68.33% | +20.01 pp |
| 2024 | 2024-12-31 | 48.33% | −1.40 pp |
| 2023 | 2023-12-31 | 49.73% | +1.67 pp |
| 2022 | 2022-12-31 | 48.06% | −14.74 pp |
| 2021 | 2021-12-31 | 62.80% | +15.38 pp |
| 2020 | 2020-12-31 | 47.42% | +32.85 pp |
| 2019 | 2019-12-31 | 14.57% | −16.19 pp |
| 2018 | 2018-12-31 | 30.77% | +22.03 pp |
| 2017 | 2017-12-31 | 8.74% | — |
Wheaton Precious Metals quarterly operating margin
Q2.18
Q2.19
Q2.20
Q2.21
Q2.22
Q2.23
Q2.24
Q2.25
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2025 | 2025-06-30 | 65.52% | +16.13 pp |
| Q2 2024 | 2024-06-30 | 56.51% | +15.26 pp |
| Q2 2023 | 2023-06-30 | 51.03% | +109.65 pp |
| Q2 2022 | 2022-06-30 | 49.47% | +13.99 pp |
| Q2 2021 | 2021-06-30 | 49.39% | — |
| Q2 2020 | 2020-06-30 | 41.25% | — |
| Q2 2019 | 2019-06-30 | −58.62% | — |
| Q2 2018 | 2018-06-30 | 35.48% | — |
Wheaton Precious Metals operating margin trends
Over the last five reported fiscal years, Wheaton Precious Metals's operating margin increased from 47.42% to 68.33%, a change of +20.91 percentage points. The latest reported quarter, Q2 2025, shows 65.52%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income 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 ↗