Rank #4 · NYSE:WPM
Royalty / Streaming · Primary: Gold · Also: Silver
Canada · Jurisdictions: Global streaming portfolio
Canonical listing price
$138.65
+2.73%(+3.69 USD)
Updated 10/9/2026, 1:30:00 PM
Price data: Twelve Data
Gold · Royalty / Streaming
vs Gold
1M -4.3 pp·3M +33.5 pp
vs ETF (unavailable)
1M —·3M —
Jurisdiction: Global streaming portfolio · Market cap rank-only (licensing)
Close-based returns and relative performance in percentage points vs mapped metal/ETF. Not a buy/sell signal or price target.
Next report
Reporting calendar →FY2026 · Expected window 2028-03-23 → 2028-04-06
Expected window 2028-03-23 → 2028-04-06 (FY2026).
Not applicable / Limited coverage — royalty, streaming, or developer profiles omit operator production & AISC.
Valuation
Current market multiples relative to reported TTM financials. Peer context uses the Mining 50 Gold · Royalty / Streaming group. Not fair value, price targets, or investment advice.
Historical Valuation
FCF-based historical ratios unavailable
Free cash flow is unavailable for one or more filing dates.
Balance Sheet & Capital Allocation
Annual FY trends from certified filing data. Descriptive direction and magnitude only — not a quality score or investment recommendation.
Cash
$1.15B
+$335.43M YoY (+41.0%)
Debt
$0
$-195.00M YoY (-100.0%)
Net Debt
Unavailable
Share Count
454.0M
+357K shares YoY (+0.1%)
3-year share count change: +0.4% over 3 years
Capex / Revenue
Unavailable
Revenue or capex unavailable for comparable FY periods
FCF Conversion
Unavailable
Operating cash flow or FCF unavailable
FCF (FY)
Unavailable
Cash Build
Cash increased $335.43M (+41.0%) versus the prior year.
2024-12-31 → 2025-12-31
Debt Reduction
Total debt declined $195.00M (-100.0%) versus the prior year.
2020-12-31 → 2021-12-31
Operating Performance
Annual FY revenue, cash flow, capex, and margins from certified filing data. Descriptive trends only — not a quality score or investment recommendation.
Revenue
$2.31B
+$1.03B YoY (+80.2%)
Operating Cash Flow
$1.90B
+$877.40M YoY (+85.4%)
Free Cash Flow
Unavailable
Capex
Unavailable
3-year revenue change: +117.3% over 3 years
OCF Margin
82.3%
Prior year: 80.0%
Change: +2.3 pp
FCF Margin
Unavailable
Revenue or cash-flow numerator unavailable for comparable FY periods
Revenue Increase
Revenue increased 80.2% versus the prior comparable period.
2024-12-31 → 2025-12-31
Operating Cash Flow Increase
Operating cash flow increased $877.40M (+85.4%) versus the prior comparable period.
2024-12-31 → 2025-12-31
Fundamental Changes
Deterministic changes from certified financial metrics. Descriptive only — not a quality score or investment recommendation.
Latest filing period: 3 material changes · 5 operating · 5 balance-sheet
FY2025 · Filed Mar 31, 2026
Cash Build
Cash increased $335.43M (+41.0%) versus the prior year.
Official filing sourceRevenue Increase
Revenue increased 80.2% versus the prior comparable period.
Official filing sourceOperating Cash Flow Increase
Operating cash flow increased $877.40M (+85.4%) versus the prior comparable period.
Official filing sourceFY2025 · Filed Aug 8, 2025
Cash Build
Cash increased $465.67M (+86.2%) versus the prior year.
Official filing sourceFY2024 · Filed Mar 31, 2026
Cash Build
Cash increased $271.64M (+49.7%) versus the prior year.
Official filing sourceRevenue Increase
Revenue increased 26.4% versus the prior comparable period.
Official filing sourceOperating Cash Flow Increase
Operating cash flow increased $276.77M (+36.9%) versus the prior comparable period.
Official filing sourceOCF Margin Increase
Operating cash flow margin moved from 73.9% to 80.0% (+6.1 pp).
Official filing sourceModules: mtf-trend, momentum, relative-strength · Last calculated: 10/12/2026, 10:41:06 AM
Price data provided by Twelve Data. Charts provided by TradingView. Grey Rabbit Scores and analysis are proprietary to Grey Rabbit Markets.
Multi-period filing history is available on Pro. Latest TTM P&L above is public.
Derived: Debt − Cash · Through 2025-12-31 · Coverage 0/8 key fields · not live filing scrape · Filing-backed TTM P&L from SEC companyfacts (cached — not live scrape)
Periods: 2025-12-31
MINING50-MARKETCAP-1.0 · MINING50-NETDEBT-1.0 · MINING50-TTM-1.0 · MINING50-FCF-1.0 · MINING50-FCF-MARGIN-1.0
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