Newmont Corporation (NEM) vs Wheaton Precious Metals Corp. (WPM)

A side-by-side comparison of Newmont Corporation and Wheaton Precious Metals Corp. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 3, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — NEM vs WPM

growth of $100 · dividends reinvested · last 10y
NEM +267.7% (+13.9%/yr)WPM +557.6% (+20.7%/yr)WPM compounded faster over this window
200400600800Start $10020182020202220242026$368$658
NEM WPM

NEM vs WPM: by the numbers

  • •NEM is the larger company ($121.76B vs $61.89B market cap).
  • •NEM trades at the lower trailing earnings multiple (14.55 vs 30.22 P/E), one valuation lens rather than an overall verdict.
  • •WPM converts more revenue to profit (64.66% vs 38.06% net margin).
  • •WPM grew revenue faster over the past five years (20.52% vs 12.68% CAGR).
  • •NEM pays the higher dividend yield (0.89% vs 0.55%).

Metrics side by side

Valuation

MetricNEMWPM
P/E ratio14.5530.22
Forward P/E12.2328.76
PEG ratio1.141.34
P/S ratio5.3919.51
P/B ratio3.446.39
EV / EBITDA8.2723.95
FCF yield7.99%N/A

Profitability

MetricNEMWPM
Gross margin54.52%77.30%
Operating margin51.36%72.80%
Net margin38.06%64.66%
ROE24.28%21.17%
ROIC13.76%16.61%

Dividends

MetricNEMWPM
Dividend yield0.89%0.55%
Payout ratio12.97%16.63%

Growth (annualized)

MetricNEMWPM
Revenue CAGR (5Y)12.68%20.52%
EPS CAGR (5Y)12.74%22.63%
FCF CAGR (5Y)21.94%N/A
Total return CAGR (5Y)19.85%31.22%

Frequently asked

Which has the lower trailing P/E, NEM or WPM?
NEM has the lower trailing P/E: NEM trades at 14.55 and WPM at 30.22. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, NEM or WPM?
Over the past five years, WPM grew revenue faster — NEM at a 12.68% CAGR versus WPM at 20.52%.
Does NEM or WPM pay a bigger dividend?
NEM yields 0.89% and WPM yields 0.55% based on trailing dividends and the latest price.
Is NEM or WPM more profitable?
WPM runs the higher net margin — NEM at 38.06% versus WPM at 64.66%.
How have NEM and WPM total returns compared?
Over the past 10 years, NEM delivered 13.88% and WPM delivered 19.07% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 3, 2026.