Wheaton Precious Metals Corp
NYSE:WPM

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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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Operating Margin
Wheaton Precious Metals Corp

54.4%
Current
52%
Average
5.5%
Industry

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
54.4%
=
Operating Profit
662.4m
/
Revenue
1.2B

Operating Margin Across Competitors

Country CA
Market Cap 37.3B CAD
Operating Margin
54%
Country RU
Market Cap 70.4T USD
Operating Margin
51%
Country ZA
Market Cap 229.8B Zac
Operating Margin
37%
Country ZA
Market Cap 98B Zac
Operating Margin
23%
Country CN
Market Cap 399.2B CNY
Operating Margin
14%
Country US
Market Cap 43.8B USD
Operating Margin
18%
Country CA
Market Cap 56.4B CAD
Operating Margin
34%
Country CA
Market Cap 38.8B CAD
Operating Margin
28%
Country CA
Market Cap 32.1B CAD
Operating Margin
63%
Country RU
Market Cap 1.8T RUB
Operating Margin
62%
Country CN
Market Cap 104B CNY
Operating Margin
10%
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

See Also

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What is Operating Margin?

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
54.4%
=
Operating Profit
662.4m
/
Revenue
1.2B
What is the Operating Margin of Wheaton Precious Metals Corp?

Based on Wheaton Precious Metals Corp's most recent financial statements, the company has Operating Margin of 54.4%.