Monday, December 15, 2025

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Wheaton Q3 Earnings: Cash Operating Margins Skyrocket

It’s not just the gold producers that are achieving record revenue in this earnings cycle, royalty names are too. Or at least those that are focused on precious metals are.

Case in point Wheaton Precious Metals (TSX: WPM), who is arguably a leader in the subsector. The company in the third quarter saw record earnings – but that’s a function of their production mix being heavily focused on PM’s, including gold, silver and palladium. So just how good were the results?

Lets dive in.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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