Wheaton Precious Metals Corp
NYSE:WPM

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Wheaton Precious Metals Corp Logo
Wheaton Precious Metals Corp
NYSE:WPM
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Price: 57.11 USD 0.37% Market Closed
Market Cap: 25.9B USD
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Net Margin
Wheaton Precious Metals Corp

50.1%
Current
59%
Average
2.9%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
50.1%
=
Net Income
609.4m
/
Revenue
1.2B

Net Margin Across Competitors

Country CA
Market Cap 37.3B CAD
Net Margin
50%
Country RU
Market Cap 70.4T USD
Net Margin
32%
Country ZA
Market Cap 229.8B Zac
Net Margin
15%
Country ZA
Market Cap 98B Zac
Net Margin
14%
Country CN
Market Cap 399.2B CNY
Net Margin
10%
Country US
Market Cap 43.8B USD
Net Margin
-7%
Country CA
Market Cap 56.4B CAD
Net Margin
13%
Country CA
Market Cap 38.8B CAD
Net Margin
13%
Country CA
Market Cap 32.1B CAD
Net Margin
-55%
Country RU
Market Cap 1.8T RUB
Net Margin
47%
Country CN
Market Cap 104B CNY
Net Margin
3%
No Stocks Found

Wheaton Precious Metals Corp
Glance View

Market Cap
25.9B USD
Industry
Metals & Mining
Economic Moat
Narrow

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.

WPM Intrinsic Value
23.54 USD
Overvaluation 59%
Intrinsic Value
Price

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What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
50.1%
=
Net Income
609.4m
/
Revenue
1.2B
What is the Net Margin of Wheaton Precious Metals Corp?

Based on Wheaton Precious Metals Corp's most recent financial statements, the company has Net Margin of 50.1%.