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Wheaton Precious Metals Corp. (WPM) is a non-energy raw materials company in the valuable metal revenue rights industry, based in Vancouver, Canada.
It reported revenue of $2.31 billion for fiscal year 2025, up 80.2% from fiscal year 2024, and net income of $1.47 billion. In Q2 2026 (the quarter ended June 30, 2026) revenue was $929.20 million, up 84.7% from a year before. Its largest business segment, Gold - Salobo, brought in 45% of segment revenue in fiscal year 2025; Brazil was the largest region with 45%. Its market capitalization was $62.97 billion as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
Wheaton Precious Metals Corp. operates as a precious metal streaming company. It explores for gold, silver, palladium, platinum, and cobalt deposits in Canada, the United States, Mexico, Portugal, Sweden, the United Kingdom, Argentina, Chile, Brazil, Peru, Ecuador, Colombia, Côte d'Ivoire, Ethiopia, and South Africa.
Wheaton Precious Metals reported $2.31 billion in revenue for fiscal year 2025, up 80.2% from $1.28 billion in fiscal year 2024. In Q2 2026 revenue was $929.20 million.
Gold - Salobo, with $1.04 billion or 45% of segment revenue in fiscal year 2025. Next: Silver - Peñasquito (13%) and Silver - Antamina (10%).
Brazil: 45% of revenue by region in fiscal year 2025, followed by Peru (19%).
$62.97 billion as of October 9, 2026.
Listed companies of a similar size in the same industry (valuable metal revenue rights) include Franco-Nevada Corporation (FNV), Royal Gold, Inc. (RGLD), OR Royalties Inc. (OR), Triple Flag Precious Metals Corp. (TFPM).