What is the current annual gross margin of WPM?

As of today, WPM annual gross margin is 72.17%

What is 1-year change in WPM annual gross margin?

WPM annual gross margin is up +15.71% year-over-year

What is 3-year change in WPM annual gross margin?

WPM annual gross margin is up +36.30% over the past 3 years

How far is WPM annual gross margin from its all-time high?

WPM annual gross margin is currently -10.10% below its historical high of 80.28% set on December 31, 2011

How does WPM annual gross margin rank versus sector peers?

WPM annual gross margin is higher than 97.87% of companies in Basic Materials sector

When is WPM next annual earnings release?

As of today, the next annual earnings release for WPM has not been scheduled

What is the current quarterly gross margin of WPM?

As of today, WPM quarterly gross margin is 77.53%

What is WPM quarterly gross margin most recent change?

WPM quarterly gross margin was up +1.10% on March 31, 2026

What is 1-year change in WPM quarterly gross margin?

WPM quarterly gross margin is up +14.40% year-over-year

How far is WPM quarterly gross margin from its all-time high?

WPM quarterly gross margin is currently -22.47% below its historical high of 100.00% set on May 31, 2003

How does WPM quarterly gross margin rank versus sector peers?

WPM quarterly gross margin is higher than 98.54% of companies in Basic Materials sector

When is WPM next earnings release?

The next earnings release for WPM is on August 6, 2026

WPM Gross Margin History & Chart Since 1998

Annual Gross Margin

72.17%9.80%+15.71%

December 31, 2025

Summary

Current Value: As of today, WPM annual gross margin is 72.17%, up +15.71% on December 31, 2025
Historical Performance: WPM annual gross margin is up +36.30% over the past 3 years, up +35.56% over the past 5 years
All-Time High Comparison: WPM annual gross margin is currently -10.10% below its historical high of 80.28% set on December 31, 2011
3-Year Low Comparison: WPM annual gross margin is +36.30% above its 3-year low of 52.95% reached on an earlier date
Sector Comparison: WPM annual gross margin is higher than 97.87% of companies in Basic Materials sector

Gross Margin Chart

beforeafter

Performance

WPM Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	72.17%	+15.7%	+36.3%	+35.6%	+8.1%
Quarterly Gross Margin	Mar 31, 26	77.53%	+14.4%	+42.0%	+43.8%	-3.0%
Price	Jul 31, 26	$109.03	+19.1%	+143.2%	+136.3%	+202.2%
PE Ratio	Jul 31, 26	27.55	-47.7%	-16.5%	-15.9%	-22.9%
Annual Revenue	Dec 31, 25	$2.31B	+80.2%	+117.3%	+111.1%	+446.7%
Annual Gross Profit	Dec 31, 25	$1.67B	+108.5%	+196.2%	+186.2%	+490.7%
Annual Operating Margin	Dec 31, 25	68.80%	+19.6%	+43.8%	+43.5%	+12.7%
Annual Net Margin	Dec 31, 25	63.58%	+54.4%	+1.2%	+37.3%	+75.5%

Gross Margin Highs

WPM Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	72.17%	Dec 31, 25	at high
5Y	72.17%	Dec 31, 25	at high
All	80.28%	Dec 31, 11	-10.1%

Gross Margin Lows

WPM Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	52.95%	N/A	+36.3%
5Y	52.95%	Dec 31, 22	+36.3%
All	19.80%	Aug 31, 02	+264.5%

Gross Margin History

Year	Value	Change
2025	72.17%	+15.7%
2024	62.37%	+10.8%
2023	56.29%	+6.3%
2022	52.95%	-3.2%
2021	54.68%	+2.7%
2020	53.24%	+33.3%
2019	39.94%	+7.5%
2018	37.14%	-6.8%
2017	39.85%	+8.5%
2016	36.73%	-8.1%
2015	39.97%	-19.7%
2014	49.76%	-16.8%
2013	59.84%	-19.4%
2012	74.23%	-7.5%

Year	Value	Change
2011	80.28%	+20.2%
2010	66.79%	+19.1%
2009	56.07%	-9.5%
2008	61.98%	+5.9%
2007	58.52%	+4.0%
2006	56.28%	+47.5%
2005	38.16%	-2.9%
2004	39.31%	+49.5%
2003	26.30%	+32.8%
2002	19.80%	-70.1%
2001	66.16%	+21.0%
2000	54.68%	-18.0%
1999	66.67%	0.0%
1998	66.67%	-

FAQ

What is the current annual gross margin of WPM?: As of today, WPM annual gross margin is 72.17%
What is 1-year change in WPM annual gross margin?: WPM annual gross margin is up +15.71% year-over-year
What is 3-year change in WPM annual gross margin?: WPM annual gross margin is up +36.30% over the past 3 years
How far is WPM annual gross margin from its all-time high?: WPM annual gross margin is currently -10.10% below its historical high of 80.28% set on December 31, 2011
How does WPM annual gross margin rank versus sector peers?: WPM annual gross margin is higher than 97.87% of companies in Basic Materials sector
When is WPM next annual earnings release?: As of today, the next annual earnings release for WPM has not been scheduled

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

77.53%0.84%+1.10%

March 31, 2026

Summary

Current Value: As of today, WPM quarterly gross margin is 77.53%, up +1.10% on March 31, 2026
Historical Performance: WPM quarterly gross margin is up +14.40% year-over-year, up +41.97% over the past 3 years
All-Time High Comparison: WPM quarterly gross margin is currently -22.47% below its historical high of 100.00% set on May 31, 2003
3-Year Low Comparison: WPM quarterly gross margin is +37.44% above its 3-year low of 56.41% reached on December 31, 2023
Sector Comparison: WPM quarterly gross margin is higher than 98.54% of companies in Basic Materials sector

Performance

WPM Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Mar 31, 26	77.53%	+1.1%	+14.4%	+42.0%	+43.8%
Annual Gross Margin	Dec 31, 25	72.17%	–	+15.7%	+36.3%	+35.6%
Price	Jul 31, 26	$109.03	-13.8%	+19.1%	+143.2%	+136.3%
PE Ratio	Jul 31, 26	27.55	-13.8%	-47.7%	-16.5%	-15.9%
Quarterly Revenue	Mar 31, 26	$901.47M	+4.3%	+91.6%	+320.3%	+178.1%
Quarterly Gross Profit	Mar 31, 26	$698.94M	+5.4%	+119.3%	+496.8%	+300.1%
Quarterly Operating Margin	Mar 31, 26	75.02%	-0.2%	+20.3%	+60.9%	+48.5%
Quarterly Net Margin	Mar 31, 26	64.57%	+0.0%	+19.6%	+24.3%	+29.2%

Quarterly Gross Margin Highs

WPM Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	77.53%	Mar 31, 26	at high
3Y	77.53%	Mar 31, 26	at high
5Y	77.53%	Mar 31, 26	at high
All	100.00%	May 31, 03	-22.5%

Quarterly Gross Margin Lows

WPM Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	70.09%	N/A	+10.6%
3Y	56.41%	Dec 31, 23	+37.4%
5Y	46.50%	Sep 30, 22	+66.7%
All	31.00%	Sep 30, 18	+150.1%

Quarterly Gross Margin History

Month	Value	Change
Mar 2026	77.53%	+1.1%
Dec 2025	76.69%	+8.8%
Sep 2025	70.48%	+0.6%
Jun 2025	70.09%	+3.4%
Mar 2025	67.77%	+4.4%
Dec 2024	64.94%	+1.6%
Sep 2024	63.93%	+2.9%
Jun 2024	62.14%	+7.7%
Mar 2024	57.69%	+2.3%
Dec 2023	56.41%	-0.5%
Sep 2023	56.71%	-0.8%
Jun 2023	57.17%	+4.7%
Mar 2023	54.61%	+6.7%
Dec 2022	51.17%	+10.0%
Sep 2022	46.50%	-13.0%
Jun 2022	53.45%	-8.5%
Mar 2022	58.41%	+8.2%
Dec 2021	53.99%	-3.8%
Sep 2021	56.14%	+2.4%
Jun 2021	54.84%	+1.7%
Mar 2021	53.90%	-4.4%
Dec 2020	56.41%	-1.6%
Sep 2020	57.31%	+15.0%
Jun 2020	49.85%	+3.7%
Mar 2020	48.09%	+12.6%
Dec 2019	42.70%	+0.4%
Sep 2019	42.54%	+21.0%
Jun 2019	35.17%	-9.0%
Mar 2019	38.64%	+17.1%
Dec 2018	32.99%	+6.4%
Sep 2018	31.00%	-24.4%
Jun 2018	41.00%	-4.3%
Mar 2018	42.83%	+9.1%
Dec 2017	39.25%	-3.6%
Sep 2017	40.73%	-1.6%
Jun 2017	41.41%	+8.6%
Mar 2017	38.13%	+5.9%
Dec 2016	36.00%	-14.6%
Sep 2016	42.14%	+16.5%
Jun 2016	36.18%	+14.4%
Mar 2016	31.62%	-10.8%
Dec 2015	35.43%	-11.2%
Sep 2015	39.89%	+3.8%
Jun 2015	38.43%	-21.5%

Month	Value	Change
Mar 2015	48.96%	+13.0%
Dec 2014	43.34%	-11.8%
Sep 2014	49.15%	-2.2%
Jun 2014	50.23%	-9.3%
Mar 2014	55.39%	+2.8%
Dec 2013	53.89%	-1.0%
Sep 2013	54.43%	-0.1%
Jun 2013	54.51%	-25.7%
Mar 2013	73.37%	+7.4%
Dec 2012	68.33%	-12.1%
Sep 2012	77.72%	+3.2%
Jun 2012	75.29%	-4.5%
Mar 2012	78.82%	+0.7%
Dec 2011	78.25%	-3.7%
Sep 2011	81.24%	-0.5%
Jun 2011	81.62%	+2.1%
Mar 2011	79.96%	+8.1%
Dec 2010	73.96%	+12.4%
Sep 2010	65.82%	+6.2%
Jun 2010	61.97%	+2.1%
Mar 2010	60.69%	+0.1%
Dec 2009	60.65%	+11.8%
Sep 2009	54.23%	-3.3%
Jun 2009	56.08%	+14.2%
Mar 2009	49.09%	+10.0%
Dec 2008	44.63%	-25.4%
Sep 2008	59.80%	-10.5%
Jun 2008	66.83%	-3.2%
Mar 2008	69.01%	+16.2%
Dec 2007	59.39%	+4.0%
Sep 2007	57.10%	-1.2%
Jun 2007	57.79%	-2.9%
Mar 2007	59.50%	+4.6%
Dec 2006	56.88%	+3.2%
Sep 2006	55.12%	-5.5%
Jun 2006	58.33%	+9.2%
Mar 2006	53.40%	+21.1%
Dec 2005	44.10%	+21.7%
Sep 2005	36.25%	-1.9%
Jun 2005	36.97%	+4.8%
Mar 2005	35.28%	-64.7%
Aug 2003	100.00%	0.0%
May 2003	100.00%	-

FAQ

What is the current quarterly gross margin of WPM?: As of today, WPM quarterly gross margin is 77.53%
What is WPM quarterly gross margin most recent change?: WPM quarterly gross margin was up +1.10% on March 31, 2026
What is 1-year change in WPM quarterly gross margin?: WPM quarterly gross margin is up +14.40% year-over-year
How far is WPM quarterly gross margin from its all-time high?: WPM quarterly gross margin is currently -22.47% below its historical high of 100.00% set on May 31, 2003
How does WPM quarterly gross margin rank versus sector peers?: WPM quarterly gross margin is higher than 98.54% of companies in Basic Materials sector
When is WPM next earnings release?: The next earnings release for WPM is on August 6, 2026

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

WPM Official Website www.wheatonpm.com
WPM Profile on Yahoo Finance finance.yahoo.com/quote/WPM
WPM Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/wpm