Wheaton Historical Income Statement

WPM Stock  USD 63.81  0.33  0.52%   
Historical analysis of Wheaton Precious income statement accounts such as Depreciation And Amortization of 131.5 M, Total Revenue of 532.3 M, Gross Profit of 611.6 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 american community survey.

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' Income Tax Expense is very stable compared to the past year. As of the 25th of November 2024, Research Development is likely to grow to about 1.1 M, while Total Revenue is likely to drop about 532.3 M.

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 american community survey.
At this time, Wheaton Precious' Income Tax Expense is very stable compared to the past year. As of the 25th of November 2024, Research Development is likely to grow to about 1.1 M, while Total Revenue is likely to drop about 532.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit658.9M565.5M582.4M611.6M
Total Revenue1.2B1.1B1.0B532.3M

Wheaton Precious income statement Correlations

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0.740.710.820.770.810.960.80.120.120.150.550.550.00.840.670.70.410.550.110.230.18-0.16
0.160.710.270.90.890.810.230.450.33-0.260.850.860.220.530.750.690.240.35-0.18-0.120.55-0.46
0.980.820.270.280.350.671.00.08-0.060.520.130.14-0.230.820.340.580.570.680.250.540.01-0.11
0.160.770.90.280.970.880.250.120.29-0.30.780.790.250.520.770.560.030.21-0.09-0.20.3-0.14
0.220.810.890.350.970.930.320.110.27-0.310.790.790.20.560.80.520.120.21-0.06-0.20.32-0.14
0.570.960.810.670.880.930.650.110.17-0.030.670.670.070.760.750.650.30.440.050.050.25-0.13
0.990.80.231.00.250.320.650.06-0.090.530.10.1-0.240.790.30.560.560.680.260.54-0.02-0.08
0.060.120.450.080.120.110.110.060.22-0.050.380.37-0.010.090.260.440.440.42-0.340.270.83-0.96
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0.010.550.850.130.780.790.670.10.380.75-0.291.00.440.440.940.41-0.010.160.14-0.150.52-0.46
0.020.550.860.140.790.790.670.10.370.75-0.291.00.420.450.940.41-0.010.160.13-0.150.52-0.45
-0.270.00.22-0.230.250.20.07-0.24-0.010.55-0.060.440.42-0.110.290.05-0.19-0.170.58-0.05-0.06-0.01
0.740.840.530.820.520.560.760.790.090.190.350.440.45-0.110.590.590.50.580.230.340.05-0.17
0.20.670.750.340.770.80.750.30.260.74-0.230.940.940.290.590.350.030.210.23-0.090.44-0.36
0.550.70.690.580.560.520.650.560.44-0.030.190.410.410.050.590.350.50.7-0.030.250.28-0.37
0.530.410.240.570.030.120.30.560.44-0.290.24-0.01-0.01-0.190.50.030.50.570.030.330.32-0.46
0.690.550.350.680.210.210.440.680.42-0.070.290.160.16-0.170.580.210.70.570.020.340.29-0.39
0.250.11-0.180.25-0.09-0.060.050.26-0.340.460.310.140.130.580.230.23-0.030.030.020.16-0.370.25
0.580.23-0.120.54-0.2-0.20.050.540.27-0.030.92-0.15-0.15-0.050.34-0.090.250.330.340.16-0.21-0.21
-0.050.180.550.010.30.320.25-0.020.830.29-0.50.520.52-0.060.050.440.280.320.29-0.37-0.21-0.87
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Click cells to compare fundamentals

Wheaton Precious Account Relationship Matchups

Wheaton Precious income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization258.7M258.8M254.4M224.3M219.9M131.5M
Total Revenue861.3M1.1B1.2B1.1B1.0B532.3M
Gross Profit345.9M585.6M658.9M565.5M582.4M611.6M
Other Operating Expenses566.9M576.4M597.5M555.5M512.7M276.3M
Operating Income291.6M519.9M600.9M511.9M521.9M269.1M
Ebit291.6M549.6M753.7M521.9M521.9M273.0M
Ebitda550.4M808.4M1.0B746.2M741.8M399.2M
Cost Of Revenue515.4M510.7M542.7M499.6M452.2M244.0M
Total Operating Expenses51.6M65.7M54.8M55.9M282.6M296.7M
Total Other Income Expense Net(214.5M)(14.5M)(41K)157.7M27.0M28.4M
Interest Expense44.9M16.7M352K91K5.5M10.7M
Income Before Tax77.1M505.3M754.6M669.6M548.9M576.4M
Net Income86.1M507.8M754.9M669.1M537.6M564.5M
Income Tax Expense(9.1M)(2.5M)(269K)509K1.4M1.5M
Selling General Administrative49.7M65.7M52.9M53.5M37.1M29.8M
Net Income From Continuing Ops86.1M507.8M754.9M669.1M535.3M286.5M
Net Income Applicable To Common Shares86.1M507.8M754.9M669.1M769.5M808.0M
Tax Provision(9.1M)(2.5M)(269K)509K(7.7M)(7.3M)
Interest Income48.9M16.6M5.6M2.1M28.9M17.3M
Net Interest Income(47.7M)(16.7M)(5.6M)735K23.4M24.5M
Reconciled Depreciation258.7M245.8M256.7M233.5M200.6M195.7M

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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 american community survey.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wheaton Precious. If investors know Wheaton will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wheaton Precious listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.323
Dividend Share
0.615
Earnings Share
1.34
Revenue Per Share
2.686
Quarterly Revenue Growth
0.381
The market value of Wheaton Precious Metals is measured differently than its book value, which is the value of Wheaton that is recorded on the company's balance sheet. Investors also form their own opinion of Wheaton Precious' value that differs from its market value or its book value, called intrinsic value, which is Wheaton Precious' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wheaton Precious' market value can be influenced by many factors that don't directly affect Wheaton Precious' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.