Wheaton Precious Metals Corp
NYSE:WPM
Wheaton Precious Metals Corp
Pre-Tax Income
Wheaton Precious Metals Corp
Pre-Tax Income Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Pre-Tax Income | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
|
Wheaton Precious Metals Corp
TSX:WPM
|
Pre-Tax Income
$644.3m
|
CAGR 3-Years
-5%
|
CAGR 5-Years
53%
|
CAGR 10-Years
12%
|
|
|
Alamos Gold Inc
TSX:AGI
|
Pre-Tax Income
$502.2m
|
CAGR 3-Years
502%
|
CAGR 5-Years
31%
|
CAGR 10-Years
N/A
|
|
|
Barrick Gold Corp
TSX:ABX
|
Pre-Tax Income
$4.6B
|
CAGR 3-Years
0%
|
CAGR 5-Years
-6%
|
CAGR 10-Years
N/A
|
|
|
Kinross Gold Corp
TSX:K
|
Pre-Tax Income
$1.5B
|
CAGR 3-Years
47%
|
CAGR 5-Years
9%
|
CAGR 10-Years
N/A
|
|
|
Franco-Nevada Corp
TSX:FNV
|
Pre-Tax Income
$763.9m
|
CAGR 3-Years
-4%
|
CAGR 5-Years
13%
|
CAGR 10-Years
17%
|
|
|
Agnico Eagle Mines Ltd
TSX:AEM
|
Pre-Tax Income
$2.8B
|
CAGR 3-Years
45%
|
CAGR 5-Years
31%
|
CAGR 10-Years
31%
|
|
Wheaton Precious Metals Corp
Glance View
Wheaton Precious Metals Corp. has carved a unique niche in the mining industry, standing out not as a traditional miner but as a streaming company, which is a distinguishing feature of its business model. Founded in 2004, Wheaton's business strategy revolves around purchasing precious metals production from mining operations around the world. The company negotiates these streaming agreements to acquire the right to purchase all or a part of the precious metals produced by the mining operations at a predetermined price, providing the miners with upfront capital for their projects. This arrangement allows Wheaton to focus on purchasing metals instead of getting involved in exploration or operational concerns, thus mitigating some of the inherent risks of mining. The company's income primarily flows through the streamlining agreements, benefiting from the difference between its low fixed costs and prevailing market prices for gold, silver, and other precious metals. By purchasing production at reduced rates—often well below market value—Wheaton locks in significant profit margins, especially during periods of rising commodity prices. Importantly, this model allows Wheaton to maintain a diversified portfolio of streams, reducing single-mine risk and ensuring stable cash flows. This unique setup has allowed Wheaton to consistently deliver strong financial results, appealing to investors who favor precious metal exposure without the operational complexities typical of mining ventures.
See Also
What is Wheaton Precious Metals Corp's Pre-Tax Income?
Pre-Tax Income
644.3m
USD
Based on the financial report for Dec 31, 2024, Wheaton Precious Metals Corp's Pre-Tax Income amounts to 644.3m USD.
What is Wheaton Precious Metals Corp's Pre-Tax Income growth rate?
Pre-Tax Income CAGR 10Y
12%
Over the last year, the Pre-Tax Income growth was 20%. The average annual Pre-Tax Income growth rates for Wheaton Precious Metals Corp have been -5% over the past three years , 53% over the past five years , and 12% over the past ten years .
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