Wheaton Precious Metals (TSX:WPM) FCF Margin %: 78.17% (As of Mar. 2026) — 183% Above Median


TSX:WPM Wheaton Precious Metals Corp TSX:WPM
96 GF Score
Price C$160.52
GF Value C$232.11
Valuation Significantly Undervalued
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What is Wheaton Precious Metals FCF Margin %?

Wheaton Precious Metals TSX:WPM -2.94% 96 FCF Margin % is 78.17% as of Mar. 2026, which is 183% above its 10-year median of 27.65. GuruFocus rates TSX:WPM with a GF Score™ of 96/100 and a GF Value™ of C$232.11 (Significantly Undervalued). Among 847 Metals & Mining companies, Wheaton Precious Metals ranks better than 94.81% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Wheaton Precious Metals's Free Cash Flow for the three months ended in Mar. 2026 was C$967 Mil. Wheaton Precious Metals's Revenue for the three months ended in Mar. 2026 was C$1,237 Mil. Therefore, Wheaton Precious Metals's FCF Margin % for the quarter that ended in Mar. 2026 was 78.17%.

As of today, Wheaton Precious Metals's current FCF Yield % is 1.89%.

The historical rank and industry rank for Wheaton Precious Metals's FCF Margin % or its related term are showing as below:

TSX:WPM' s FCF Margin % Range Over the Past 10 Years
Min: -81.64   Med: 27.65   Max: 69.66
Current: 36.5


During the past 13 years, the highest FCF Margin % of Wheaton Precious Metals was 69.66%. The lowest was -81.64%. And the median was 27.65%.

TSX:WPM's FCF Margin % is ranked better than
94.81% of 847 companies
in the Metals & Mining industry
Industry Median: -2.17 vs TSX:WPM: 36.50


Wheaton Precious Metals FCF Margin % Related Terms


Wheaton Precious Metals FCF Margin % Historical Data

* Premium members only.

The historical data trend for Wheaton Precious Metals's FCF 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 FCF Margin % Chart

Wheaton Precious Metals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.56 55.40 7.38 28.74 24.35

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
FCF 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 56.34 13.32 27.78 11.48 78.17

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

For the Gold subindustry, Wheaton Precious Metals's FCF Margin %, along with its competitors' market caps and FCF 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 FCF Margin % vs Metals & Mining Industry

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

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


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

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

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

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=777.502/3192.991
=24.35 %

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

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=966.802/1236.815
=78.17 %

* 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 FCF Margin % →
What does a FCF Margin % of 78.17% mean?
Wheaton Precious Metals (TSX:WPM) has a FCF Margin % of 78.17% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Wheaton Precious Metals and its competitors. This is 183% above median its historical median of 27.65. According to the industry distribution chart, Wheaton Precious Metals ranks #44 out of 847 companies in the Metals & Mining industry, placing it in the top 5.2%.
Is Wheaton Precious Metals' FCF Margin % too high?
Wheaton Precious Metals' current FCF Margin % of 78.17% is 183% above median its 10-year median of 27.65. Based on the distribution chart, Wheaton Precious Metals ranks #44 out of 847 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 Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wheaton Precious Metals' FCF Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Wheaton Precious Metals ranks #44 out of 847 companies for FCF Margin %. This places Wheaton Precious Metals in the top 5% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Metals & Mining company?
A good FCF Margin % depends on the Metals & Mining industry context. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Wheaton Precious Metals and its competitors. Wheaton Precious Metals's current FCF Margin % is 78.17%, which is 183% above median its own 10-year median of 27.65. 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 Significantly Undervalued. The stock's GF Value™ is C$232.11, compared to a current price of C$160.52 — trading 30.8% below its estimated fair value. The current FCF Margin % is 78.17%, which is 183% above median its 10-year median of 27.65. 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 FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Wheaton Precious Metals (TSX:WPM), the current FCF Margin % is 78.17% 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$160.52 is trading 30.8% below its estimated GF Value™ of C$232.11. GuruFocus considers Wheaton Precious Metals to be Significantly Undervalued.

Key valuation signals for TSX:WPM:

  • FCF Margin %: 78.17% (183% above median its 10-year median of 27.65)
  • GF Value™: C$232.11 vs. price of C$160.52 (30.8% below fair value)
  • GF Score™: 96/100

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

C$160.52
Price
C$232.11
GF Value