Wheaton Net Income from 2010 to 2026
| WPM Stock | CAD 213.54 7.89 3.84% |
Net Income | First Reported 2000-09-30 | Previous Quarter 292.3 M | Current Value 367.2 M | Quarterly Volatility 88.8 M |
Check Wheaton Precious financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wheaton Precious' main balance sheet or income statement drivers, such as Depreciation And Amortization of 299.8 M, Interest Expense of 9.3 M or Selling General Administrative of 74.3 M, as well as many indicators such as Price To Sales Ratio of 11.05, Dividend Yield of 0.0131 or PTB Ratio of 5.07. Wheaton financial statements analysis is a perfect complement when working with Wheaton Precious Valuation or Volatility modules.
Wheaton | Net Income |
Evaluating Wheaton Precious's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Wheaton Precious Metals's fundamental strength.
Latest Wheaton Precious' Net Income Growth Pattern
Below is the plot of the Net Income of Wheaton Precious Metals over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Wheaton Precious Metals financial statement analysis. It represents the amount of money remaining after all of Wheaton Precious Metals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Wheaton Precious' Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Wheaton Precious' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 529.14 M | 10 Years Trend |
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Net Income |
| Timeline |
Wheaton Net Income Regression Statistics
| Arithmetic Mean | 385,969,950 | |
| Coefficient Of Variation | 70.21 | |
| Mean Deviation | 229,356,006 | |
| Median | 507,804,000 | |
| Standard Deviation | 270,981,156 | |
| Sample Variance | 73430.8T | |
| Range | 916.9M | |
| R-Value | 0.51 | |
| Mean Square Error | 57565.3T | |
| R-Squared | 0.27 | |
| Significance | 0.03 | |
| Slope | 27,627,303 | |
| Total Sum of Squares | 1174892.6T |
Wheaton Net Income History
About Wheaton Precious Financial Statements
Wheaton Precious investors utilize fundamental indicators, such as Net Income, to predict how Wheaton Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Income | 608.5 M | 638.9 M | |
| Net Income From Continuing Ops | 608.5 M | 383 M | |
| Net Income Applicable To Common Shares | 608.5 M | 383 M | |
| Net Income Per Share | 1.05 | 1.10 | |
| Net Income Per E B T | 0.74 | 0.77 |
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
| 0.98 | AG | First Majestic Silver | PairCorr |
| 0.77 | IE | Ivanhoe Energy Earnings Call This Week | PairCorr |
| 0.95 | ORE | Orezone Gold Corp | PairCorr |
| 0.93 | FDY | Faraday Copper Corp | PairCorr |
Moving against Wheaton Stock
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.Check out the analysis of Wheaton Precious Correlation against competitors. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.