Wheaton Historical Income Statement
| WPM Stock | 5,080 110.00 2.21% |
Historical analysis of Wheaton Precious income statement accounts such as Depreciation And Amortization of 131.3 M, Total Revenue of 753.8 M, Gross Profit of 403.2 M or Other Operating Expenses of 276.3 M 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.
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.
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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
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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.Operating Income
Operating Income is the amount of profit realized from Wheaton Precious Metals operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Wheaton Precious Metals is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.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 bureau of economic analysis. At present, Wheaton Precious' Total Other Income Expense Net is projected to increase significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 1.5 M, whereas Total Revenue is forecasted to decline to about 753.8 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 658.9M | 565.5M | 573.4M | 403.2M | Total Revenue | 1.2B | 1.1B | 1.0B | 753.8M |
Wheaton Precious income statement Correlations
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Wheaton Precious income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 258.7M | 245.8M | 256.7M | 233.5M | 215.9M | 131.3M | |
| Total Revenue | 861.3M | 1.1B | 1.2B | 1.1B | 1.0B | 753.8M | |
| Gross Profit | 345.9M | 585.6M | 658.9M | 565.5M | 573.4M | 403.2M | |
| Other Operating Expenses | 566.9M | 576.4M | 597.5M | 555.5M | 510.8M | 276.3M | |
| Operating Income | 291.6M | 519.9M | 600.9M | 511.9M | 505.3M | 362.0M | |
| Ebit | 291.6M | 522.0M | 755.0M | 512.6M | 539.3M | 283.5M | |
| Ebitda | 550.4M | 767.8M | 1.0B | 746.2M | 755.2M | 398.2M | |
| Cost Of Revenue | 515.4M | 510.7M | 542.7M | 499.6M | 442.6M | 350.5M | |
| Total Operating Expenses | 51.6M | 65.7M | 54.8M | 55.9M | 282.6M | 222.9M | |
| Interest Expense | 44.9M | 16.7M | 352K | 91K | 5.5M | 7.4M | |
| Income Before Tax | 77.1M | 505.3M | 754.6M | 669.6M | 539.1M | 383.0M | |
| Total Other Income Expense Net | (214.5M) | (14.5M) | (41K) | 157.7M | 33.8M | 35.5M | |
| Net Income | 86.1M | 507.8M | 754.9M | 669.1M | 537.6M | 372.8M | |
| Income Tax Expense | (9.1M) | (2.5M) | (269K) | 509K | 1.4M | 1.5M | |
| Selling General Administrative | 49.7M | 65.7M | 52.9M | 53.5M | 37.1M | 48.5M | |
| Tax Provision | (9.1M) | (2.5M) | (269K) | 509K | 1.4M | 1.5M | |
| Net Interest Income | (47.7M) | (16.7M) | (5.6M) | 735K | 29.4M | 30.8M | |
| Interest Income | 1.0M | 229K | 241K | 6.3M | 34.9M | 36.6M | |
| Net Income From Continuing Ops | 86.1M | 507.8M | 754.9M | 669.1M | 537.6M | 551.3M | |
| Net Income Applicable To Common Shares | 86.1M | 507.8M | 754.9M | 669.1M | 769.5M | 424.0M | |
| Reconciled Depreciation | 258.7M | 245.8M | 256.7M | 233.5M | 215.9M | 194.1M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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: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 bureau of economic analysis. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.