Wheaton Precious Metals Corp. (WPM) Operating Margin: 71.81%
Is Wheaton Precious Metals Corp.’s operating margin high or low?
Wheaton Precious Metals Corp.'s operating margin of 71.81% is 33% above its 5-year average of 54.19%, near the high end of its 5-year range (47.42%–71.81%).
As of Saturday, June 20, 2026. 22.62% above its 12-month average of 58.56%.
WPM Operating Margin Chart
WPM Average Operating Margin Chart
WPM Current vs Average Operating Margin Chart
WPM Operating Margin Metrics
OPERATING MARGIN
71.81%
OPERATING MARGIN AVG TTM
58.56%
OPERATING MARGIN AVG 3Y
53.73%
OPERATING MARGIN AVG 5Y
54.19%
OPERATING MARGIN AVG 10Y
40.30%
OPERATING MARGIN AVG 15Y
46.34%
OPERATING MARGIN AVG 20Y
46.92%
CURRENT VS TTM AVG
+22.62%
CURRENT VS 3Y AVG
+33.65%
CURRENT VS 5Y AVG
+32.52%
CURRENT VS 10Y AVG
+78.20%
CURRENT VS 15Y AVG
+54.97%
CURRENT VS 20Y AVG
+53.04%
WPM Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Wheaton Precious Metals Corp. (WPM) | $55.66B | 71.81% | 58.56% | 53.73% | 54.19% |
| Nucor Corporation (NUE)vs › | $55.53B | 10.04% | 8.93% | 15.28% | 14.44% |
| Corteva, Inc. (CTVA)vs › | $52.54B | 16.26% | 13.73% | 12.69% | 10.85% |
| Air Products and Chemicals, Inc. (APD)vs › | $62.40B | 18.41% | 14.81% | 16.96% | 19.20% |
| Barrick Mining Corporation (B)vs › | $67.59B | 51.62% | 40.08% | 33.07% | 29.91% |
| Vulcan Materials Company (VMC)vs › | $39.30B | 20.62% | 19.23% | 17.45% | 17.74% |
| Martin Marietta Materials, Inc. (MLM)vs › | $36.58B | 22.74% | 32.34% | 26.96% | 24.51% |
| Steel Dynamics, Inc. (STLD)vs › | $36.04B | 9.41% | 9.60% | 14.71% | 15.17% |
| Ecolab Inc. (ECL)vs › | $75.74B | 17.49% | 17.36% | 15.04% | 14.65% |
| The Sherwin-Williams Company (SHW)vs › | $79.12B | 16.13% | 16.21% | 15.41% | 15.09% |
Operating Efficiency
Gross Margin
77.1%
Operating Margin
71.8%
Wheaton Precious Metals Corp. Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Wheaton Precious Metals Corp. Operating Margin FAQ
- What is the operating margin for Wheaton Precious Metals Corp. (WPM)?
- The operating margin for WPM stock is 71.81%.
- Is Wheaton Precious Metals Corp.'s operating margin high or low?
- Wheaton Precious Metals Corp.'s operating margin of 71.81% is 33% above its 5-year average of 54.19%, near the high end of its 5-year range (47.42%–71.81%).
- What is the TTM average operating margin for Wheaton Precious Metals Corp. (WPM)?
- The TTM average operating margin for WPM stock is 58.56%.
- What is the 3Y average operating margin for Wheaton Precious Metals Corp. (WPM)?
- The 3Y average operating margin for WPM stock is 53.73%.
- What is the 5Y average operating margin for Wheaton Precious Metals Corp. (WPM)?
- The 5Y average operating margin for WPM stock is 54.19%.
- What is the 10Y average operating margin for Wheaton Precious Metals Corp. (WPM)?
- The 10Y average operating margin for WPM stock is 40.30%.
- What is the 15Y average operating margin for Wheaton Precious Metals Corp. (WPM)?
- The 15Y average operating margin for WPM stock is 46.34%.
- What is the 20Y average operating margin for Wheaton Precious Metals Corp. (WPM)?
- The 20Y average operating margin for WPM stock is 46.92%.
Wheaton Precious Metals Corp. Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-12-31 | 68.80% |
| 2024-12-31 | 48.33% |
| 2023-12-31 | 49.73% |
| 2022-12-31 | 48.06% |
| 2021-12-31 | 62.80% |
| 2020-12-31 | 47.42% |
| 2019-12-31 | 14.57% |
| 2018-12-31 | 30.77% |
| 2017-12-31 | 8.74% |
| 2016-12-31 | 32.97% |
| 2015-12-31 | 31.07% |
| 2014-12-31 | 49.81% |
| 2013-12-31 | 59.87% |
| 2012-12-31 | 74.26% |
| 2011-12-31 | 80.31% |
| 2010-12-31 | 33.90% |
| 2009-12-31 | 48.95% |
| 2008-12-31 | 51.50% |
| 2007-12-31 | 52.79% |
| 2006-12-31 | 52.55% |
| 2005-12-31 | 38.16% |
| 2004-12-31 | 0.00% |
| 2003-08-31 | -2.19% |
| 2002-08-31 | -3.08% |
| 2001-08-31 | -2.02% |
| 2000-08-31 | -3.49% |
| 1999-08-31 | 0.00% |
| 1998-08-31 | -11.11% |
About Wheaton Precious Metals Corp.
Wheaton Precious Metals Corp. functions as a streaming enterprise, primarily engaged in the global distribution of valuable metals. Its offerings encompass deposits of gold, silver, palladium, and cobalt. The company maintains a substantial portfolio, holding stakes in 23 operational mines and an additional 13 development ventures. Founded in 2004, the firm's headquarters are located in Vancouver, Canada. It operated under the name Silver Wheaton Corp. until May 2017, when it rebranded to its current title.
- Sector
- Basic Materials
- Industry
- Gold
- CEO
- Haytham Henry Hodaly