Wheaton Precious Metals Future Growth

Future criteria checks 2/6

Wheaton Precious Metals is forecast to grow earnings and revenue by 7.5% and 6.7% per annum respectively. EPS is expected to grow by 13.8% per annum. Return on equity is forecast to be 10% in 3 years.

Key information

7.5%

Earnings growth rate

13.8%

EPS growth rate

Metals and Mining earnings growth	24.1%
Revenue growth rate	6.7%
Future return on equity	10.0%
Analyst coverage	Good
Last updated	27 Mar 2025

Recent future growth updates

Wheaton Precious Metals Corp. Just Missed EPS By 17%: Here's What Analysts Think Will Happen Next

Mar 16

The Wheaton Precious Metals Corp. (TSE:WPM) Third-Quarter Results Are Out And Analysts Have Published New Forecasts

Nov 09

Recent updates

Wheaton Precious Metals Corp. Just Missed EPS By 17%: Here's What Analysts Think Will Happen Next

Mar 16

Investors Will Want Wheaton Precious Metals' (TSE:WPM) Growth In ROCE To Persist

Mar 04

Investors Appear Satisfied With Wheaton Precious Metals Corp.'s (TSE:WPM) Prospects

Jan 03

Wheaton Precious Metals Corp.'s (TSE:WPM) Intrinsic Value Is Potentially 30% Above Its Share Price

Nov 28

The Wheaton Precious Metals Corp. (TSE:WPM) Third-Quarter Results Are Out And Analysts Have Published New Forecasts

Nov 09

Returns On Capital Are Showing Encouraging Signs At Wheaton Precious Metals (TSE:WPM)

Oct 24

Calculating The Fair Value Of Wheaton Precious Metals Corp. (TSE:WPM)

Aug 27

Wheaton Precious Metals Corp.'s (TSE:WPM) Popularity With Investors Is Under Threat From Overpricing

Jul 15

Wheaton Precious Metals Corp. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

May 13

Wheaton Precious Metals (TSE:WPM) Shareholders Will Want The ROCE Trajectory To Continue

Apr 16

Earnings and Revenue Growth Forecasts

TSX:WPM - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2027	1,789	724	955	1,195	5
12/31/2026	1,637	724	624	1,181	8
12/31/2025	1,626	829	761	1,180	12
12/31/2024	1,285	529	369	1,028	N/A
9/30/2024	1,218	609	-49	950	N/A
6/30/2024	1,132	571	-196	867	N/A
3/31/2024	1,098	590	-271	835	N/A
12/31/2023	1,016	538	75	751	N/A
9/30/2023	939	535	421	681	N/A
6/30/2023	934	615	451	664	N/A
3/31/2023	972	623	528	668	N/A
12/31/2022	1,065	669	590	743	N/A
9/30/2022	1,107	795	354	767	N/A
6/30/2022	1,157	733	446	813	N/A
3/31/2022	1,185	750	407	824	N/A
12/31/2021	1,202	755	319	845	N/A
9/30/2021	1,210	620	636	858	N/A
6/30/2021	1,248	635	663	885	N/A
3/31/2021	1,166	575	664	820	N/A
12/31/2020	1,096	508	764	765	N/A
9/30/2020	1,033	428	688	689	N/A
6/30/2020	950	354	611	604	N/A
3/31/2020	891	124	568	561	N/A
12/31/2019	861	86	509	502	N/A
9/30/2019	835	15	485	478	N/A
6/30/2019	797	-26	-68	444	N/A
3/31/2019	820	416	-655	470	N/A
12/31/2018	794	427	-648	477	N/A
9/30/2018	840	283	N/A	534	N/A
6/30/2018	857	315	N/A	555	N/A
3/31/2018	845	65	N/A	544	N/A
12/31/2017	843	58	N/A	539	N/A
9/30/2017	859	206	N/A	548	N/A
6/30/2017	889	223	N/A	581	N/A
3/31/2017	902	215	N/A	590	N/A
12/31/2016	892	195	N/A	584	N/A
9/30/2016	834	15	N/A	543	N/A
6/30/2016	754	-164	N/A	481	N/A
3/31/2016	706	-170	N/A	456	N/A
12/31/2015	649	-162	N/A	431	N/A
9/30/2015	589	59	N/A	392	N/A
6/30/2015	601	160	N/A	413	N/A
3/31/2015	585	169	N/A	406	N/A
12/31/2014	620	200	N/A	432	N/A
9/30/2014	647	242	N/A	462	N/A
6/30/2014	648	314	N/A	461	N/A
3/31/2014	666	322	N/A	483	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: WPM's forecast earnings growth (7.5% per year) is above the savings rate (2.4%).

Earnings vs Market: WPM's earnings (7.5% per year) are forecast to grow slower than the Canadian market (15% per year).

High Growth Earnings: WPM's earnings are forecast to grow, but not significantly.

Revenue vs Market: WPM's revenue (6.7% per year) is forecast to grow faster than the Canadian market (5% per year).

High Growth Revenue: WPM's revenue (6.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: WPM's Return on Equity is forecast to be low in 3 years time (10%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/03/27 21:01
End of Day Share Price	2025/03/27 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Wheaton Precious Metals Corp. is covered by 38 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Harriet Li	Accountability Research Corporation
Ishan Majumdar	Baptista Research
Matthew Murphy	Barclays

Wheaton Precious Metals Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Wheaton Precious Metals Corp. Just Missed EPS By 17%: Here's What Analysts Think Will Happen Next

Wheaton Precious Metals Corp. Provides Production Guidance for the Year 2025

The Wheaton Precious Metals Corp. (TSE:WPM) Third-Quarter Results Are Out And Analysts Have Published New Forecasts

Wheaton Precious Metals Corp. Un-changes Production Guidance for the Year 2024

Wheaton Precious Metals Corp. Provides Production Guidance for 2024

Consensus EPS estimates increase by 14%

Recent updates

Fourth quarter dividend of US$0.17 announced

Wheaton Precious Metals Corp. Just Missed EPS By 17%: Here's What Analysts Think Will Happen Next

Full year 2024 earnings: EPS misses analyst expectations

Wheaton Precious Metals Corp. Declares First Quarter Cash Dividend, Payable on or About April 11, 2025

Investors Will Want Wheaton Precious Metals' (TSE:WPM) Growth In ROCE To Persist

Wheaton Precious Metals Corp. Provides Production Guidance for the Year 2025

Wheaton Precious Metals Corp. to Report Q2, 2025 Results on Aug 07, 2025

Wheaton Precious Metals Corp., Annual General Meeting, May 09, 2025

Wheaton Precious Metals Corp Announces Chief Financial Officer Changes

Investors Appear Satisfied With Wheaton Precious Metals Corp.'s (TSE:WPM) Prospects

Now 20% overvalued

Wheaton Precious Metals Corp.'s (TSE:WPM) Intrinsic Value Is Potentially 30% Above Its Share Price

Third quarter dividend of US$0.15 announced

The Wheaton Precious Metals Corp. (TSE:WPM) Third-Quarter Results Are Out And Analysts Have Published New Forecasts

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Wheaton Precious Metals Corp. Un-changes Production Guidance for the Year 2024

Returns On Capital Are Showing Encouraging Signs At Wheaton Precious Metals (TSE:WPM)

Now 23% overvalued after recent price rise

Now 20% undervalued

Calculating The Fair Value Of Wheaton Precious Metals Corp. (TSE:WPM)

Second quarter dividend of US$0.15 announced

Wheaton Precious Metals Corp. announces Quarterly dividend, payable on September 04, 2024

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Wheaton Precious Metals Corp. Provides Production Guidance for 2024

Wheaton Precious Metals Corp.'s (TSE:WPM) Popularity With Investors Is Under Threat From Overpricing

President exercised options and sold CA$3.8m worth of stock

Independent Director recently sold CA$1.2m worth of stock

Consensus EPS estimates increase by 14%

Consensus EPS estimates increase by 14%

Senior VP & CFO exercised options and sold CA$1.6m worth of stock

First quarter dividend of US$0.15 announced

Wheaton Precious Metals Corp. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Wheaton Precious Metals Corp. Approves the Election of Srinivasan Venkatakrishnan as Director

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

An unknown buyer acquired 5% stake in Hecla Mining Company (NYSE:HL) from Wheaton Precious Metals Corp. (TSX:WPM) for approximately $180 million.

Wheaton Precious Metals (TSE:WPM) Shareholders Will Want The ROCE Trajectory To Continue

Now 23% overvalued after recent price rise

President exercised options and sold CA$2.4m worth of stock

Fourth quarter dividend of US$0.15 announced

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Wheaton Precious Metals Corp. Declares Dividend, Payable on or About April 15, 2024

Wheaton Precious Metals Corp. to Report Q3, 2024 Results on Nov 07, 2024

Wheaton Precious Metals Corp., Annual General Meeting, May 10, 2024

Wheaton Precious Metals and Vale Base Metals Announce Achievement of First Phase Completion Test at Salobo

Wheaton Precious Metals and Vale Base Metals Announce Achievement of First Phase Completion Test at Salobo

Upcoming dividend of US$0.15 per share at 1.3% yield

Wheaton Precious Metals Corp. Provides Production Guidance for the Full Year 2023

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Wheaton Precious Metals Corp. Declares Dividend for the Fourth Quarter of 2023, Payable on or About December 8, 2023

New minor risk - Shareholder dilution

Upcoming dividend of US$0.15 per share at 1.4% yield

New major risk - Revenue and earnings growth

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Wheaton Precious Metals Corp. Provides Production Guidance for the Year 2023

Wheaton Precious Metals Corp. Announces Demise of John Brough, Board Member

Wheaton Precious Metals Corp. Elects Jeane Hull as Director

Upcoming dividend of US$0.15 per share at 1.2% yield

Wheaton Precious Metals Corp. Confirms Retirements of Eduardo Luna and John Brough from its Board of Directors

Wheaton Precious Metals Corp. Declares Second Quarterly Cash Dividend for 2023, Payable on or About June 2, 2023

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Independent Director recently sold CA$197k worth of stock

Non Independent Director recently bought CA$118k worth of stock

Insider exercised options and sold CA$1.3m worth of stock

Upcoming dividend of US$0.15 per share at 1.4% yield

Full year 2022 earnings released: EPS: US$1.48 (vs US$1.68 in FY 2021)

Wheaton Precious Metals Corp., Annual General Meeting, May 12, 2023

Insider exercised options and sold CA$916k worth of stock

Senior VP & CFO exercised options and sold CA$525k worth of stock

Senior VP & CFO exercised options and sold CA$591k worth of stock