Wheaton Precious Metals Return on Equity (ROE) Growth & History (WPM)
Wheaton Precious Metals's return on equity was 18.45% for fiscal 2025.
View full Wheaton Precious Metals company overviewWheaton Precious Metals annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 18.45% | +11.03 pp |
| 2024 | 2024-12-31 | 7.43% | −0.42 pp |
| 2023 | 2023-12-31 | 7.85% | −2.47 pp |
| 2022 | 2022-12-31 | 10.32% | −2.30 pp |
| 2021 | 2021-12-31 | 12.62% | +3.42 pp |
| 2020 | 2020-12-31 | 9.20% | +7.56 pp |
| 2019 | 2019-12-31 | 1.64% | −6.84 pp |
| 2018 | 2018-12-31 | 8.48% | +7.31 pp |
| 2017 | 2017-12-31 | 1.17% | — |
Wheaton Precious Metals quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 5.74% | +1.84 pp |
| Q1 2026 | 2026-03-31 | 6.49% | — |
| Q4 2025 | 2025-12-31 | 6.65% | — |
| Q3 2025 | 2025-09-30 | 4.64% | — |
| Q2 2025 | 2025-06-30 | 3.90% | +2.17 pp |
| Q2 2024 | 2024-06-30 | 1.73% | −0.36 pp |
| Q2 2023 | 2023-06-30 | 2.09% | −0.27 pp |
| Q2 2022 | 2022-06-30 | 2.35% | −0.50 pp |
| Q2 2021 | 2021-06-30 | 2.85% | +0.88 pp |
| Q2 2020 | 2020-06-30 | 1.97% | +4.39 pp |
| Q2 2019 | 2019-06-30 | −2.43% | −8.70 pp |
| Q2 2018 | 2018-06-30 | 6.28% | — |
Wheaton Precious Metals return on equity trends
Over the last five fiscal years, Wheaton Precious Metals's return on equity increased from 9.20% to 18.45%, a change of +9.26 percentage points. The latest reported quarter, Q2 2026, shows 5.74%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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