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Wheaton Precious Metals (TSX:WPM) 10-Year RORE % : 26.84% (As of Mar. 2024)


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What is Wheaton Precious Metals 10-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Wheaton Precious Metals's 10-Year RORE % for the quarter that ended in Mar. 2024 was 26.84%.

The industry rank for Wheaton Precious Metals's 10-Year RORE % or its related term are showing as below:

TSX:WPM's 10-Year RORE % is ranked better than
89.47% of 1615 companies
in the Metals & Mining industry
Industry Median: -9.82 vs TSX:WPM: 26.84

Wheaton Precious Metals 10-Year RORE % Historical Data

The historical data trend for Wheaton Precious Metals's 10-Year RORE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Wheaton Precious Metals 10-Year RORE % Chart

Wheaton Precious Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.55 -1.02 10.61 20.18 22.23

Wheaton Precious Metals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
10-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.44 20.83 20.41 22.23 26.84

Competitive Comparison of Wheaton Precious Metals's 10-Year RORE %

For the Gold subindustry, Wheaton Precious Metals's 10-Year RORE %, along with its competitors' market caps and 10-Year RORE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Wheaton Precious Metals's 10-Year RORE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Wheaton Precious Metals's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where Wheaton Precious Metals's 10-Year RORE % falls into.



Wheaton Precious Metals 10-Year RORE % Calculation

Wheaton Precious Metals's 10-Year RORE % for the quarter that ended in Mar. 2024 is calculated as:

10-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 10-year -Cumulative Dividends per Share for 10-year )
=( 1.752-0.543 )/( 9.708-5.204 )
=1.209/4.504
=26.84 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of 10-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2024 and 10-year before.


Wheaton Precious Metals  (TSX:WPM) 10-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 10-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Wheaton Precious Metals 10-Year RORE % Related Terms

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Wheaton Precious Metals (TSX:WPM) Business Description

Traded in Other Exchanges
Address
1021 West Hastings Street, Suite 3500, Vancouver, BC, CAN, V6E 0C3
Wheaton Precious Metals Corp is a precious metal streaming company. The company has entered into over 20 long-term purchase agreements with 17 different mining companies, for the purchase of precious metals and cobalt. It has streaming agreements covering approximately 19 operating mines and 9 development stage projects. The company's projects include Vale's Salobo mine and silver streams on Glencore's Antamina mine and Goldcorp's Penasquito mine.
Executives
Gary Duncan Brown Senior Officer
Bradley William Carpenter Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Patrick Eugene Drouin Senior Officer
Glenn Antony Ives Director
Bill Koutsouras Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Marilyn Joy Schonberner Director
Randy Smallwood Senior Officer
Anne Storie Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)