Wheaton Precious Metals Corp
TSX:WPM
Net Margin
Wheaton Precious Metals Corp
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| CA |
|
Wheaton Precious Metals Corp
TSX:WPM
|
49.8B CAD |
42%
|
|
| RU |
P
|
Polyus PJSC
LSE:PLZL
|
70.4T USD |
32%
|
|
| ZA |
G
|
Gold Fields Ltd
JSE:GFI
|
328.7B Zac |
24%
|
|
| ZA |
H
|
Harmony Gold Mining Company Ltd
JSE:HAR
|
160B Zac |
16%
|
|
| CN |
|
Zijin Mining Group Co Ltd
SSE:601899
|
463B CNY |
12%
|
|
| US |
|
Newmont Corporation
NYSE:NEM
|
56.1B USD |
26%
|
|
| CA |
|
Agnico Eagle Mines Ltd
TSX:AEM
|
74.8B CAD |
26%
|
|
| CA |
|
Barrick Gold Corp
TSX:ABX
|
42.9B CAD |
17%
|
|
| CA |
|
Franco-Nevada Corp
TSX:FNV
|
42.9B CAD |
50%
|
|
| RU |
|
Polyus PAO
MOEX:PLZL
|
2.3T RUB |
44%
|
|
| ZA |
D
|
DRDGOLD Ltd
JSE:DRD
|
21.7B Zac |
24%
|
Wheaton Precious Metals Corp
Glance View
Wheaton Precious Metals Corp. has carved a unique niche in the mining industry, standing out not as a traditional miner but as a streaming company, which is a distinguishing feature of its business model. Founded in 2004, Wheaton's business strategy revolves around purchasing precious metals production from mining operations around the world. The company negotiates these streaming agreements to acquire the right to purchase all or a part of the precious metals produced by the mining operations at a predetermined price, providing the miners with upfront capital for their projects. This arrangement allows Wheaton to focus on purchasing metals instead of getting involved in exploration or operational concerns, thus mitigating some of the inherent risks of mining. The company's income primarily flows through the streamlining agreements, benefiting from the difference between its low fixed costs and prevailing market prices for gold, silver, and other precious metals. By purchasing production at reduced rates—often well below market value—Wheaton locks in significant profit margins, especially during periods of rising commodity prices. Importantly, this model allows Wheaton to maintain a diversified portfolio of streams, reducing single-mine risk and ensuring stable cash flows. This unique setup has allowed Wheaton to consistently deliver strong financial results, appealing to investors who favor precious metal exposure without the operational complexities typical of mining ventures.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on Wheaton Precious Metals Corp's most recent financial statements, the company has Net Margin of 42.5%.
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