Wheaton Historical Income Statement

WPM Stock   4,875  85.00  1.71%   
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.
 
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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.
  
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.

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 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.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

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.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
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 Profit658.9M565.5M573.4M403.2M
Total Revenue1.2B1.1B1.0B753.8M

Wheaton Precious income statement Correlations

0.32-0.210.98-0.270.210.560.65-0.540.28-0.17-0.14-0.16-0.260.150.690.190.05-0.05-0.050.12
0.320.660.410.560.50.550.610.220.010.610.350.62-0.080.650.070.010.380.050.51-0.07
-0.210.66-0.070.980.820.61-0.190.08-0.520.860.450.870.250.23-0.17-0.130.40.110.6-0.17
0.980.41-0.07-0.130.340.670.62-0.550.2-0.04-0.07-0.03-0.230.220.680.190.1-0.030.070.09
-0.270.560.98-0.130.820.59-0.30.01-0.570.860.450.860.290.12-0.17-0.160.340.070.54-0.13
0.210.50.820.340.820.93-0.2-0.45-0.580.70.260.70.21-0.020.21-0.060.330.050.52-0.06
0.560.550.610.670.590.930.08-0.59-0.380.520.170.530.070.040.440.020.290.010.410.01
0.650.61-0.190.62-0.3-0.20.080.20.56-0.11-0.02-0.1-0.370.610.270.160.08-0.050.030.09
-0.540.220.08-0.550.01-0.45-0.590.20.180.10.20.1-0.060.37-0.430.00.310.390.14-0.36
0.280.01-0.520.2-0.57-0.58-0.380.560.18-0.39-0.08-0.39-0.090.31-0.060.16-0.47-0.2-0.570.31
-0.170.610.86-0.040.860.70.52-0.110.1-0.390.821.00.460.33-0.110.270.40.180.74-0.26
-0.140.350.45-0.070.450.260.17-0.020.2-0.080.820.820.550.37-0.070.60.310.270.59-0.36
-0.160.620.87-0.030.860.70.53-0.10.1-0.391.00.820.440.34-0.110.260.40.180.74-0.26
-0.26-0.080.25-0.230.290.210.07-0.37-0.06-0.090.460.550.44-0.2-0.170.65-0.070.040.19-0.04
0.150.650.230.220.12-0.020.040.610.370.310.330.370.34-0.20.060.120.220.080.46-0.2
0.690.07-0.170.68-0.170.210.440.27-0.43-0.06-0.11-0.07-0.11-0.170.060.170.350.340.14-0.31
0.190.01-0.130.19-0.16-0.060.020.160.00.160.270.60.260.650.120.170.120.230.33-0.19
0.050.380.40.10.340.330.290.080.31-0.470.40.310.4-0.070.220.350.120.860.63-0.88
-0.050.050.11-0.030.070.050.01-0.050.39-0.20.180.270.180.040.080.340.230.860.36-0.94
-0.050.510.60.070.540.520.410.030.14-0.570.740.590.740.190.460.140.330.630.36-0.49
0.12-0.07-0.170.09-0.13-0.060.010.09-0.360.31-0.26-0.36-0.26-0.04-0.2-0.31-0.19-0.88-0.94-0.49
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Wheaton Precious Account Relationship Matchups

Wheaton Precious income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization258.7M245.8M256.7M233.5M215.9M131.3M
Total Revenue861.3M1.1B1.2B1.1B1.0B753.8M
Gross Profit345.9M585.6M658.9M565.5M573.4M403.2M
Other Operating Expenses566.9M576.4M597.5M555.5M510.8M276.3M
Operating Income291.6M519.9M600.9M511.9M505.3M362.0M
Ebit291.6M522.0M755.0M512.6M539.3M283.5M
Ebitda550.4M767.8M1.0B746.2M755.2M398.2M
Cost Of Revenue515.4M510.7M542.7M499.6M442.6M350.5M
Total Operating Expenses51.6M65.7M54.8M55.9M282.6M222.9M
Interest Expense44.9M16.7M352K91K5.5M7.4M
Income Before Tax77.1M505.3M754.6M669.6M539.1M383.0M
Total Other Income Expense Net(214.5M)(14.5M)(41K)157.7M33.8M35.5M
Net Income86.1M507.8M754.9M669.1M537.6M372.8M
Income Tax Expense(9.1M)(2.5M)(269K)509K1.4M1.5M
Selling General Administrative49.7M65.7M52.9M53.5M37.1M48.5M
Tax Provision(9.1M)(2.5M)(269K)509K1.4M1.5M
Net Interest Income(47.7M)(16.7M)(5.6M)735K29.4M30.8M
Interest Income1.0M229K241K6.3M34.9M36.6M
Net Income From Continuing Ops86.1M507.8M754.9M669.1M537.6M551.3M
Net Income Applicable To Common Shares86.1M507.8M754.9M669.1M769.5M424.0M
Reconciled Depreciation258.7M245.8M256.7M233.5M215.9M194.1M

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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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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.