Wheaton Precious Metals (TSX:WPM) EBITDA Margin %: 85.25% (As of Mar. 2026) — 18% Above Median


TSX:WPM Wheaton Precious Metals Corp TSX:WPM
96 GF Score
Price C$165.39
GF Value C$232.11
Valuation Modestly Undervalued
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What is Wheaton Precious Metals EBITDA Margin %?

Wheaton Precious Metals TSX:WPM -4.09% 96 EBITDA Margin % is 85.25% as of Mar. 2026, which is 18% above its 10-year median of 71.99. GuruFocus rates TSX:WPM with a GF Score™ of 96/100 and a GF Value™ of C$232.11 (Modestly Undervalued). Among 841 Metals & Mining companies, Wheaton Precious Metals ranks better than 95.6% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Wheaton Precious Metals's EBITDA for the three months ended in Mar. 2026 was C$1,054 Mil. Wheaton Precious Metals's Revenue for the three months ended in Mar. 2026 was C$1,237 Mil. Therefore, Wheaton Precious Metals's EBITDA margin for the quarter that ended in Mar. 2026 was 85.25%.


Wheaton Precious Metals  (TSX:WPM) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Wheaton Precious Metals EBITDA Margin % Related Terms


Wheaton Precious Metals EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Wheaton Precious Metals's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Wheaton Precious Metals EBITDA Margin % Chart

Wheaton Precious Metals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.19 84.81 74.33 69.51 86.57

Wheaton Precious Metals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 79.47 82.16 100.58 85.27 85.25

TSX:WPM vs NEM, AU, CDE: EBITDA Margin % Comparison

For the Gold subindustry, Wheaton Precious Metals's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Wheaton Precious Metals EBITDA Margin % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Wheaton Precious Metals's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Wheaton Precious Metals's EBITDA Margin % falls into.


TSX:WPM
96GF Score
Wheaton Precious Metals Corp TSX:WPM
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Wheaton Precious Metals EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Wheaton Precious Metals's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=2764.053/3192.991
=86.57 %

Wheaton Precious Metals's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1054.394/1236.815
=85.25 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 85.25% mean?
Wheaton Precious Metals (TSX:WPM) has a EBITDA Margin % of 85.25% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Wheaton Precious Metals and its competitors. This is 18% above median its historical median of 71.99. Over the past decade, Wheaton Precious Metals' EBITDA Margin % has ranged from 40.93 to 92.21. According to the industry distribution chart, Wheaton Precious Metals ranks #37 out of 841 companies in the Metals & Mining industry, placing it in the top 4.4%.
Is Wheaton Precious Metals' EBITDA Margin % too high?
Wheaton Precious Metals' current EBITDA Margin % of 85.25% is 18% above median its 10-year median of 71.99. Over the past 10 years, this metric has ranged from a low of 40.93 to a high of 92.21. The Metals & Mining industry median EBITDA Margin % is 8.89. Wheaton Precious Metals' value of 85.25% is 858.9% above this industry median. Based on the distribution chart, Wheaton Precious Metals ranks #37 out of 841 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Wheaton Precious Metals has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wheaton Precious Metals' EBITDA Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Wheaton Precious Metals ranks #37 out of 841 companies for EBITDA Margin %. This places Wheaton Precious Metals in the top 4% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 8.89. Wheaton Precious Metals' value of 85.25% is 858.9% above this benchmark. Historically, Wheaton Precious Metals' own EBITDA Margin % has ranged from 40.93 to 92.21 over the past decade. While the company's 10-year median is 71.99 vs. the industry median of 8.89, Wheaton Precious Metals has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Metals & Mining company?
The median EBITDA Margin % among Metals & Mining companies is 8.89, based on 841 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wheaton Precious Metals's current EBITDA Margin % of 85.25% is 858.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Wheaton Precious Metals and its competitors. For the Metals & Mining industry, the median EBITDA Margin % is 8.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wheaton Precious Metals's current EBITDA Margin % is 85.25%, which is 18% above median its own 10-year median of 71.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wheaton Precious Metals stock overvalued right now?
Based on GuruFocus' analysis, Wheaton Precious Metals (TSX:WPM) is currently considered Modestly Undervalued. The stock's GF Value™ is C$232.11, compared to a current price of C$165.39 — trading 28.7% below its estimated fair value. The current EBITDA Margin % is 85.25%, which is 18% above median its 10-year median of 71.99 and 858.9% above the Metals & Mining industry median of 8.89. Wheaton Precious Metals' overall GF Score™ is 96/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Wheaton Precious Metals (TSX:WPM), the current EBITDA Margin % is 85.25% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Wheaton Precious Metals (TSX:WPM) Overvalued in 2026?

Based on GuruFocus' analysis, Wheaton Precious Metals stock appears to be undervalued. The current stock price of C$165.39 is trading 28.7% below its estimated GF Value™ of C$232.11. GuruFocus considers Wheaton Precious Metals to be Modestly Undervalued.

Key valuation signals for TSX:WPM:

  • EBITDA Margin %: 85.25% (18% above median its 10-year median of 71.99)
  • GF Value™: C$232.11 vs. price of C$165.39 (28.7% below fair value)
  • GF Score™: 96/100
  • Industry Position: 858.9% above the Metals & Mining median (#37 of 841)

No single metric tells the full story. See the TSX:WPM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wheaton Precious Metals Business Description

Address 1021 West Hastings Street, Suite 3500, Vancouver, BC, CAN, V6E 0C3
Wheaton Precious Metals Corp is a precious metal streaming company. Its geographical segment includes: North America; Europe; South America; and Africa. It generates its revenue from the sale of precious metals (gold, silver and palladium) and cobalt.
96GF Score

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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$165.39
Price
C$232.11
GF Value