About Wheaton Precious Metals Corp. (WPM)
Wheaton Precious Metals Corp. is a Gold company operating in the Basic Materials sector. The company is headquartered in Vancouver, Canada. WPM has been publicly traded since 2004, giving it 22+ years of trading history.
Wheaton Precious Metals Corp. (WPM) has been publicly traded since 2004, making it a 22-year-old public company. It operates in the Gold industry within the Basic Materials sector. The company is headquartered in Vancouver, Canada. With a market capitalization of C$87 billion, WPM is a large established company.
WPM trades on the Toronto Stock Exchange and is classified as a large-cap-cap stock with a market capitalization of approximately C$87 billion.
Key Statistics
- Current Price
- C$192.13
- Market Cap
- C$87.23B
- 52-Week High
- C$226.68
- 52-Week Low
- C$96.18
- Sector
- Basic Materials
- Industry
- Gold
WPM Investment Performance
WPM has gained 19.1% year-to-date in 2026. Over the past 5 years, a C$1,000 investment in WPM would have grown to C$4,236, representing a 323.6% total return. Since its IPO in 2004, a C$1,000 investment would now be worth C$61,153.
C$1,000 Invested in Wheaton Precious Metals Corp. (WPM)
How much would C$1,000 invested in WPM be worth today?
What would C$1,000 invested in WPM 1 year ago be worth today?
A C$1,000 investment in Wheaton Precious Metals Corp. (WPM) in 2025 would be worth C$1,733 as of March 2026, representing a +73.3% total return.
What would C$1,000 invested in WPM 3 years ago be worth today?
A C$1,000 investment in Wheaton Precious Metals Corp. (WPM) in 2023 would be worth C$3,035 as of March 2026, representing a +203.5% total return.
What would C$1,000 invested in WPM 5 years ago be worth today?
A C$1,000 investment in Wheaton Precious Metals Corp. (WPM) in 2021 would be worth C$4,236 as of March 2026, representing a +323.6% total return.
What would C$1,000 invested in WPM 10 years ago be worth today?
A C$1,000 investment in Wheaton Precious Metals Corp. (WPM) in 2016 would be worth C$10,141 as of March 2026, representing a +914.1% total return.
What would C$1,000 invested in WPM at IPO be worth today?
A C$1,000 investment in Wheaton Precious Metals Corp. (WPM) at IPO would be worth C$61,153 as of March 2026, representing a +6015.3% total return.
Monthly Returns Heatmap
Over the past 21+ years (255 months), Wheaton Precious Metals Corp. (WPM) has averaged a monthly return of +2.48% with a median return of +1.83%. The stock had 146 positive months (57%) and 109 negative months (43%). The best month in WPM's history was December 2008 with a +85.2% return, while the worst was October 2008 at -51.3%. Historically, December tends to be the strongest month (averaging +6.0%), and September the weakest (-1.1%).
WPM's longest winning streak was 12 consecutive months of gains, while its longest losing streak was 6 consecutive months of losses. The best full year was 2010 with a cumulative return of +101.1%, and the worst was 2013 at -41.5%.
Annual Returns
Over 22 years of trading history, Wheaton Precious Metals Corp. (WPM) has delivered an average annual return of +29.59% with a median return of +24.03%. The compound annual growth rate (CAGR) is +20.56%. The stock posted gains in 16 years (73%) and losses in 6 years (27%).
WPM's best year was 2010 with a +145.47% gain, while the worst was 2008 at -52.38%. The longest streak of consecutive positive years was 4, and the longest losing streak was 1 years. WPM achieved double-digit gains (10%+) in 14 years. It suffered double-digit losses in 4 years.
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | +19.07% | C$161.36 | C$192.13 |
| 2025 | +100.92% | C$80.31 | C$161.36 |
| 2024 | +25.13% | C$64.18 | C$80.31 |
| 2023 | +25.20% | C$51.27 | C$64.18 |
| 2022 | -1.00% | C$51.79 | C$51.27 |
| 2021 | +3.47% | C$50.05 | C$51.79 |
| 2020 | +39.06% | C$35.99 | C$50.05 |
| 2019 | +47.18% | C$24.45 | C$35.99 |
| 2018 | -2.24% | C$25.02 | C$24.45 |
| 2017 | +8.88% | C$22.98 | C$25.02 |
| 2016 | +52.39% | C$15.08 | C$22.98 |
| 2015 | -26.28% | C$20.45 | C$15.08 |
| 2014 | +11.43% | C$18.35 | C$20.45 |
| 2013 | -39.09% | C$30.13 | C$18.35 |
| 2012 | +22.93% | C$24.51 | C$30.13 |
| 2011 | -23.92% | C$32.22 | C$24.51 |
| 2010 | +145.47% | C$13.13 | C$32.22 |
| 2009 | +98.50% | C$6.61 | C$13.13 |
| 2008 | -52.38% | C$13.89 | C$6.61 |
| 2007 | +37.48% | C$10.10 | C$13.89 |
| 2006 | +81.04% | C$5.58 | C$10.10 |
| 2005 | +77.63% | C$3.14 | C$5.58 |
WPM Investment Analysis: Valuation, Risk & Dividends
Key factors to consider when evaluating Wheaton Precious Metals Corp. as an investment
Valuation
WPM currently trades at a trailing P/E ratio of 64.0, which is considered high relative to the broader market. The forward P/E of 23.9 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 7.3. The price-to-sales ratio is 37.7.
Dividends
Wheaton Precious Metals Corp. pays a dividend to shareholders with a current yield of 0.55%. This translates to C$1.06 per share annually. The payout ratio of 30% indicates sustainable dividend coverage.
Risk & Volatility
WPM has a beta of 1.11, indicating it is slightly more volatile than the overall market. The stock's 52-week range is C$96.18 to C$226.68, and it currently trades in the upper half of its 52-week range.
Analyst Ratings
Based on 6 analyst opinions, WPM has a consensus "strong_buy" rating. The average price target of C$248.33 suggests 29.3% upside from current levels.
Frequently Asked Questions: WPM
What sector is WPM in? ▼
WPM operates in the Basic Materials sector, specifically in the Gold industry.
How has WPM performed historically? ▼
Over 22 years of trading history, WPM has posted gains in 16 years (73% of the time). The best year was 2010 with a +145.5% return. Past performance does not guarantee future results.
How can I invest in WPM? ▼
You can invest in WPM through any brokerage account that offers access to the Toronto Stock Exchange. Popular options include commission-free brokers like Fidelity, Charles Schwab, or Robinhood (US), or international brokers like Interactive Brokers. You can buy individual shares or invest through ETFs that hold WPM.
Does WPM pay dividends? ▼
Wheaton Precious Metals Corp. pays a dividend to shareholders with a current yield of 0.55%. This translates to C$1.06 per share annually. The payout ratio of 30% indicates sustainable dividend coverage.
What does Wheaton Precious Metals Corp. do? ▼
Wheaton Precious Metals Corp. is a Gold company operating in the Basic Materials sector. The company is headquartered in Vancouver, Canada.
What sector is WPM in? ▼
WPM operates in the Basic Materials sector, specifically in the Gold industry.
When did WPM go public? ▼
Wheaton Precious Metals Corp. went public in 2004, making it a 22-year-old public company as of 2026.
How much would C$1,000 invested in WPM 5 years ago be worth today? ▼
A C$1,000 investment in WPM five years ago would be worth approximately C$4,236 today, representing a 323.6% return.
How much would C$1,000 invested in WPM 10 years ago be worth today? ▼
A C$1,000 investment in WPM ten years ago would be worth approximately C$10,141 today, representing a 914.1% total return over the decade.
What is WPM's 3-year return? ▼
Over the past 3 years, WPM has returned 203.5%. A C$1,000 investment would have grown to C$3,035.
How much would C$1,000 invested in WPM at IPO be worth today? ▼
If you invested C$1,000 in WPM at its IPO in 2004, it would be worth approximately C$61,153 today, a 6,015.3% return over 22 years.
Does WPM pay dividends? ▼
Yes, Wheaton Precious Metals Corp. pays a dividend with a current yield of 0.55%, which is C$1.06 per share annually.
What is WPM's market cap? ▼
Wheaton Precious Metals Corp. has a market capitalization of C$87 billion, classifying it as a large-cap company.
What is WPM's P/E ratio? ▼
WPM has a trailing P/E ratio of 64.0 and a forward P/E of 23.9, which measures how much investors are paying per dollar of earnings.
Is WPM a buy, hold, or sell? ▼
Based on 6 opinions, WPM has a consensus "strong_buy" rating. The average price target is C$248.33.
Last updated: 3/15/2026