Wheaton Precious Metals (WPM)
What the price implies
A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.
Fundamental grade
Five factors scored 1 to 9 from WPM's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.
Key numbers
Results from SEC filings
Fiscal years, from Wheaton Precious Metals's 10-K filings. The deep dive has 15+ years, quarters and every line.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.1B | $1.0B | $1.3B | $2.3B |
| Net income | $755M | $669M | $538M | $529M | $1.5B |
| Free cash flow | — | — | — | — | — |
| EPS (diluted) | $1.67 | $1.48 | $1.19 | $1.17 | $3.24 |
| Operating margin | 62.8% | 48.1% | 49.7% | 48.3% | 68.3% |
Where the revenue comes from
Revenue by regions, fiscal 2025.
Superinvestors who own WPM
From each investor's latest 13F filing (what a 13F shows). 7 of the investors we track hold it.
| Investor | Last quarter | Value | % of portfolio | Quarter |
|---|---|---|---|---|
| Jean-Marie Eveillard First Eagle Investment Management |
Added | $1.6B | 2.7% | Q2 2026 |
| Murray Stahl Horizon Kinetics LLC |
Trimmed | $189M | 2.1% | Q2 2026 |
| Hersh Cohen ClearBridge Investments |
Trimmed | $88M | 0.07% | Q2 2026 |
| Cliff Asness AQR Capital Management |
Trimmed | $57M | 0.02% | Q2 2026 |
| Mario Gabelli GAMCO Investors |
Trimmed | $5M | 0.05% | Q2 2026 |
| Joel Greenblatt Gotham Asset Management |
Added | $4M | 0.01% | Q2 2026 |
| Lee Ainslie Maverick Capital |
Added | $835,756 | 0.01% | Q2 2026 |
Insider buying
Open-market purchases by Wheaton Precious Metals's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you.
| Date | Insider | Shares | Price | Value |
|---|---|---|---|---|
| Jan 27, 2026 | Gilbert Ray Cisneros, Jr. |
0 | $149.38 | — |
| Jan 27, 2026 | Gilbert Ray Cisneros, Jr. |
0 | $149.38 | — |
| Nov 18, 2025 | Gilbert Ray Cisneros, Jr. |
0 | $102.94 | — |
| Nov 18, 2025 | Gilbert Ray Cisneros, Jr. |
0 | $102.94 | — |
| Oct 17, 2025 | Gilbert Ray Cisneros, Jr. |
0 | $104.68 | — |
| Oct 17, 2025 | Gilbert Ray Cisneros, Jr. |
0 | $104.68 | — |
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In the full deep dive
Questions
Are Wheaton Precious Metals insiders buying the stock?
6 open-market insider purchases of WPM in the last 12 months, from SEC Form 4 filings.
Which superinvestors own Wheaton Precious Metals?
7 of the superinvestors Investingly tracks hold WPM in their latest 13F, including Jean-Marie Eveillard, Murray Stahl, Hersh Cohen.
Prices and ratios as of Oct 7, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.