• Wheaton Precious Metals average return on tangible equity for 2023 was 8.54, a 26.76% increase from 2022.
• Wheaton Precious Metals average return on tangible equity for 2022 was 11.66, a 5.05% decline from 2021.
• Wheaton Precious Metals average return on tangible equity for 2021 was 11.1, a 68.69% increase from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.