Wheaton Historical Income Statement

WPM Stock

CAD 95.71 2.54 2.59%

Historical analysis of Wheaton Precious income statement accounts such as Depreciation And Amortization of 131.3 M, Interest Expense of 226.1 K, Selling General Administrative of 70.5 M or Total Revenue of 1.2 B can show how well Wheaton Precious Metals performed in making a profits. Evaluating Wheaton Precious income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Wheaton Precious's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Covid

Financial Statement Analysis is much more than just reviewing and examining Wheaton Precious Metals latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Wheaton Precious Metals is a good buy for the upcoming year.

Net Income Gross Profit

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wheaton Precious Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Wheaton Income Statement Analysis

Wheaton Precious Metals Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Wheaton Precious shareholders. The income statement also shows Wheaton investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Wheaton Precious Income Statement Chart

At this time, Wheaton Precious' EBITDA is very stable compared to the past year. As of the 18th of February 2025, Cost Of Revenue is likely to grow to about 534.4 M, while Depreciation And Amortization is likely to drop about 131.3 M.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses

Total Revenue

Total revenue comprises all receipts Wheaton Precious Metals generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Wheaton Precious Metals minus its cost of goods sold. It is profit before Wheaton Precious operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Wheaton Precious Metals. It is also known as Wheaton Precious overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from Wheaton Precious' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Wheaton Precious Metals current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wheaton Precious Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2022	2023	2024	2025 (projected)
Gross Profit	565.5M	573.4M	659.5M	692.4M
Total Revenue	1.1B	1.0B	1.2B	1.2B

Gross Profit Total Revenue

Wheaton Precious income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Total Other Income Expense Net	Income Before Tax	Net Income	Income Tax Expense	Selling And Marketing Expenses	Net Income From Continuing Ops	Non Recurring	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.53	0.56	0.62	0.17	0.89	0.1	0.1	0.4	0.91	0.49	0.02	0.04	0.04	-0.26	-0.65	0.01	0.53	0.25	0.58	0.03	-0.14
Interest Expense	0.53		0.06	0.0	-0.35	0.37	-0.39	-0.38	-0.17	0.41	-0.01	0.11	-0.37	-0.37	-0.06	-0.22	-0.38	0.15	0.19	0.73	-0.6	0.3
Selling General Administrative	0.56	0.06		0.89	0.72	0.82	0.63	0.62	0.78	0.78	0.99	0.34	0.61	0.61	-0.09	-0.47	0.45	0.53	0.31	0.46	0.62	-0.76
Total Revenue	0.62	0.0	0.89		0.86	0.83	0.8	0.73	0.89	0.8	0.88	0.27	0.69	0.69	0.0	-0.65	0.43	0.43	0.22	0.31	0.56	-0.6
Gross Profit	0.17	-0.35	0.72	0.86		0.44	0.99	0.89	0.88	0.39	0.73	0.32	0.87	0.87	0.2	-0.51	0.58	0.15	0.07	-0.01	0.63	-0.58
Other Operating Expenses	0.89	0.37	0.82	0.83	0.44		0.35	0.33	0.62	1.0	0.79	0.15	0.28	0.29	-0.22	-0.57	0.15	0.6	0.32	0.57	0.34	-0.47
Operating Income	0.1	-0.39	0.63	0.8	0.99	0.35		0.88	0.84	0.3	0.64	0.32	0.87	0.87	0.24	-0.51	0.58	0.04	0.02	-0.09	0.58	-0.5
Ebit	0.1	-0.38	0.62	0.73	0.89	0.33	0.88		0.94	0.29	0.62	0.41	0.93	0.93	0.44	-0.4	0.72	0.11	0.36	-0.09	0.54	-0.49
Ebitda	0.4	-0.17	0.78	0.89	0.88	0.62	0.84	0.94		0.58	0.77	0.38	0.86	0.86	0.3	-0.54	0.64	0.28	0.42	0.12	0.55	-0.55
Cost Of Revenue	0.91	0.41	0.78	0.8	0.39	1.0	0.3	0.29	0.58		0.73	0.12	0.23	0.24	-0.23	-0.57	0.1	0.6	0.31	0.57	0.28	-0.41
Total Operating Expenses	0.49	-0.01	0.99	0.88	0.73	0.79	0.64	0.62	0.77	0.73		0.34	0.62	0.62	-0.07	-0.41	0.45	0.52	0.31	0.46	0.7	-0.84
Total Other Income Expense Net	0.02	0.11	0.34	0.27	0.32	0.15	0.32	0.41	0.38	0.12	0.34		0.66	0.66	0.46	0.06	0.72	-0.2	0.56	0.27	0.22	-0.36
Income Before Tax	0.04	-0.37	0.61	0.69	0.87	0.28	0.87	0.93	0.86	0.23	0.62	0.66		1.0	0.42	-0.28	0.86	-0.06	0.34	-0.06	0.57	-0.54
Net Income	0.04	-0.37	0.61	0.69	0.87	0.29	0.87	0.93	0.86	0.24	0.62	0.66	1.0		0.4	-0.28	0.87	-0.06	0.33	-0.06	0.57	-0.54
Income Tax Expense	-0.26	-0.06	-0.09	0.0	0.2	-0.22	0.24	0.44	0.3	-0.23	-0.07	0.46	0.42	0.4		-0.05	0.27	-0.21	0.62	-0.05	-0.05	-0.01
Selling And Marketing Expenses	-0.65	-0.22	-0.47	-0.65	-0.51	-0.57	-0.51	-0.4	-0.54	-0.57	-0.41	0.06	-0.28	-0.28	-0.05		0.01	-0.28	-0.09	-0.23	0.02	0.02
Net Income From Continuing Ops	0.01	-0.38	0.45	0.43	0.58	0.15	0.58	0.72	0.64	0.1	0.45	0.72	0.86	0.87	0.27	0.01		-0.09	0.35	-0.07	0.51	-0.46
Non Recurring	0.53	0.15	0.53	0.43	0.15	0.6	0.04	0.11	0.28	0.6	0.52	-0.2	-0.06	-0.06	-0.21	-0.28	-0.09		0.23	0.35	0.27	-0.38
Tax Provision	0.25	0.19	0.31	0.22	0.07	0.32	0.02	0.36	0.42	0.31	0.31	0.56	0.34	0.33	0.62	-0.09	0.35	0.23		0.32	0.16	-0.31
Interest Income	0.58	0.73	0.46	0.31	-0.01	0.57	-0.09	-0.09	0.12	0.57	0.46	0.27	-0.06	-0.06	-0.05	-0.23	-0.07	0.35	0.32		0.04	-0.33
Net Interest Income	0.03	-0.6	0.62	0.56	0.63	0.34	0.58	0.54	0.55	0.28	0.7	0.22	0.57	0.57	-0.05	0.02	0.51	0.27	0.16	0.04		-0.91
Reconciled Depreciation	-0.14	0.3	-0.76	-0.6	-0.58	-0.47	-0.5	-0.49	-0.55	-0.41	-0.84	-0.36	-0.54	-0.54	-0.01	0.02	-0.46	-0.38	-0.31	-0.33	-0.91

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Wheaton Precious Account Relationship Matchups

Wheaton Precious income statement Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Depreciation And Amortization	245.8M	256.7M	233.5M	215.9M	248.3M	131.3M
Interest Expense	16.7M	352K	91K	207K	238.1K	226.1K
Selling General Administrative	65.7M	52.9M	53.5M	58.4M	67.1M	70.5M
Total Revenue	1.1B	1.2B	1.1B	1.0B	1.2B	1.2B
Gross Profit	585.6M	658.9M	565.5M	573.4M	659.5M	692.4M
Other Operating Expenses	576.4M	597.5M	555.5M	510.8M	587.4M	616.8M
Operating Income	519.9M	600.9M	511.9M	505.3M	581.1M	610.1M
Ebit	522.0M	755.0M	512.6M	512.5M	589.4M	618.9M
Ebitda	767.8M	1.0B	746.2M	728.5M	837.7M	879.6M
Cost Of Revenue	510.7M	542.7M	499.6M	442.6M	509.0M	534.4M
Total Operating Expenses	65.7M	54.8M	55.9M	68.2M	78.4M	82.3M
Total Other Income Expense Net	(14.5M)	(41K)	157.7M	33.8M	38.9M	40.8M
Income Before Tax	505.3M	754.6M	669.6M	539.1M	619.9M	650.9M
Net Income	507.8M	754.9M	669.1M	537.6M	618.3M	649.2M
Income Tax Expense	(2.5M)	(269K)	509K	1.4M	1.3M	1.3M
Net Income From Continuing Ops	507.8M	754.9M	669.1M	537.6M	618.3M	364.9M
Net Income Applicable To Common Shares	86.1M	507.8M	754.9M	669.1M	769.5M	808.0M
Tax Provision	(2.5M)	(269K)	509K	1.4M	1.6M	1.7M
Interest Income	16.6M	5.6M	2.1M	34.9M	31.4M	17.8M
Net Interest Income	(16.7M)	(5.6M)	735K	29.4M	33.8M	35.4M
Reconciled Depreciation	245.8M	256.7M	233.5M	215.9M	194.3M	197.4M

Pair Trading with Wheaton Precious

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Wheaton Precious position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Wheaton Precious will appreciate offsetting losses from the drop in the long position's value.

Moving together with Wheaton Stock

0.78

ORE

Orezone Gold Corp

Pair Corr

Moving against Wheaton Stock

0.51	NVDA	NVIDIA CDR Earnings Call Tomorrow	Pair Corr
0.37	MSFT	Microsoft Corp CDR	Pair Corr
0.34	IE	Ivanhoe Energy	Pair Corr

The ability to find closely correlated positions to Wheaton Precious could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wheaton Precious when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Wheaton Precious - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Wheaton Precious Metals to buy it.

The correlation of Wheaton Precious is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Wheaton Precious moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wheaton Precious Metals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Wheaton Precious can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Wheaton Precious Metals is a strong investment it is important to analyze Wheaton Precious' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Wheaton Precious' future performance. For an informed investment choice regarding Wheaton Stock, refer to the following important reports:

How To Invest In Wheaton

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Is Wheaton Stock a good investment?

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What is Wheaton Precious' Net Worth?

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Please note, there is a significant difference between Wheaton Precious' value and its price as these two are different measures arrived at by different means. Investors typically determine if Wheaton Precious is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wheaton Precious' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Wheaton Historical Income Statement

About Wheaton Income Statement Analysis

Wheaton Precious Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Wheaton Precious income statement Correlations

Wheaton Precious Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Wheaton Precious income statement Accounts

Pair Trading with Wheaton Precious

Moving together with Wheaton Stock

Moving against Wheaton Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cost Of Revenue	+ 1.0	Other Operating Expenses
Net Income	+ 1.0	Income Before Tax
Total Operating Expenses	+ 0.99	Selling General Administrative
Operating Income	+ 0.99	Gross Profit
Ebitda	+ 0.94	Ebit
Income Before Tax	+ 0.93	Ebit

Reconciled Depreciation	- 0.91	Net Interest Income
Reconciled Depreciation	- 0.84	Total Operating Expenses
Reconciled Depreciation	- 0.76	Selling General Administrative
Selling And Marketing Expenses	- 0.65	Total Revenue
Selling And Marketing Expenses	- 0.65	Depreciation And Amortization
Reconciled Depreciation	- 0.6	Total Revenue