DOW vs. WPM: Dow vs. Wheaton Precious Metals Stock Comparison
How do Dow (DOW) and Wheaton Precious Metals (WPM) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Dow (DOW) and Wheaton Precious Metals (WPM) both fall under the Materials industry group, but DOW is classified in Chemicals while WPM is classified in Metals & Mining.
| Profile Item | DOW | WPM |
|---|---|---|
| Name | Dow Inc. | Wheaton Precious Metals Corp. |
| Country/Region | United States | Canada |
| GICS Sector | Materials | Materials |
| GICS Industry Group | Materials | Materials |
| GICS Industry | Chemicals | Metals & Mining |
| GICS Sub-Industry | Commodity Chemicals | Gold |
| Market Capitalization | 22.73 billion USD | 61.91 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 20, 2019 | July 6, 2005 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DOW | WPM |
|---|---|---|
| Total Return (1Y) | 46.93% | 45.35% |
| Total Return (3Y, Annualized) | -8.46% | 50.60% |
| Total Return (5Y, Annualized) | -6.94% | 29.06% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | DOW | WPM |
|---|---|---|
| Volatility (1Y, Annualized) | 41.81% | 52.11% |
| Beta (5Y) | 0.44 | 0.49 |
| Max Drawdown (5Y) | -64.37% | -43.29% |
| Avg. Volume (3M) | 8.52M | 2.01M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DOW | WPM |
|---|---|---|
| Sharpe Ratio (1Y) | 1.02 | 0.79 |
| Sortino Ratio (1Y) | 1.62 | 1.14 |
Profitability
ROE (TTM)
Dow (DOW) reports a negative ROE of -3.24%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Wheaton Precious Metals (WPM) reports 23.10%, ranking against industry peers normally.
DOW
Materials industry group
-3.24%
- Max
- 52.88%
- Q3
- 19.49%
- Median
- 8.76%
- DOW
- -3.24%
- Q1
- -3.41%
- Min
- -32.81%
WPM
Materials industry group
23.10%
- Max
- 52.88%
- WPM
- 23.10%
- Q3
- 19.49%
- Median
- 8.76%
- Q1
- -3.41%
- Min
- -32.81%
Net Margin (TTM)
Dow (DOW) reports a negative net margin of -2.11%, usually indicating a net loss over the period. Meanwhile Wheaton Precious Metals (WPM) reports 60.39%, ranking against industry peers normally.
DOW
Materials industry group
-2.11%
- Max
- 38.66%
- Q3
- 15.98%
- Median
- 5.28%
- Q1
- 0.00%
- DOW
- -2.11%
- Min
- -20.40%
WPM
Materials industry group
60.39%
- WPM
- 60.39%
- Max
- 38.66%
- Q3
- 15.98%
- Median
- 5.28%
- Q1
- 0.00%
- Min
- -20.40%
Operating Margin (TTM)
Wheaton Precious Metals (WPM) at 66.70% operates in the top operating margin quartile, ahead of Dow (DOW) at 6.78%, which runs around its industry’s norm.
DOW
Materials industry group
6.78%
- Max
- 66.70%
- Q3
- 28.92%
- Median
- 12.56%
- DOW
- 6.78%
- Q1
- 3.28%
- Min
- -14.07%
WPM
Materials industry group
66.70%
- WPM
- 66.70%
- Max
- 66.70%
- Q3
- 28.92%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
Profitability Metrics
| Metric | DOW | WPM |
|---|---|---|
| ROE (TTM) | -3.24% | 23.10% |
| ROA (TTM) | 1.87% | 15.22% |
| Net Margin (TTM) | -2.11% | 60.39% |
| Operating Margin (TTM) | 6.78% | 66.70% |
| Gross Margin (TTM) | 11.01% | 86.61% |
Growth
Revenue Growth
Wheaton Precious Metals (WPM) at 80.18% sits in the top revenue growth quartile, while Dow (DOW) at -6.97% is in the bottom quartile, showing a clear gap in revenue momentum.
EPS Growth
Wheaton Precious Metals (WPM) at 177.85% sits in the top EPS growth quartile, while Dow (DOW) at -335.67% falls below its industry range — a large difference in per-share earnings trajectories.
Growth Metrics
| Metric | DOW | WPM |
|---|---|---|
| Revenue Growth (YoY) | -6.97% | 80.18% |
| Revenue Growth (3Y CAGR) | -11.11% | 29.53% |
| EPS Growth (YoY) | -335.67% | 177.85% |
| EPS Growth (3Y CAGR) | -- | 29.83% |
Financial Strength
Current Ratio (MRQ)
Dow (DOW) at 1.76 keeps current ratio within its industry’s typical mid-range, while Wheaton Precious Metals (WPM) at 0.57 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for WPM.
DOW
Materials industry group
1.76
- Max
- 5.96
- Q3
- 3.30
- Median
- 2.24
- DOW
- 1.76
- Q1
- 1.45
- Min
- 0.16
WPM
Materials industry group
0.57
- Max
- 5.96
- Q3
- 3.30
- Median
- 2.24
- Q1
- 1.45
- WPM
- 0.57
- Min
- 0.16
Debt / Equity (MRQ)
Wheaton Precious Metals (WPM) at 0.16 carries an industry-typical debt-to-equity mix, while Dow (DOW) at 1.08 uses more debt funding than most peers.
DOW
Materials industry group
1.08
- Max
- 1.98
- DOW
- 1.08
- Q3
- 0.89
- Median
- 0.47
- Q1
- 0.13
- Min
- 0.00
WPM
Materials industry group
0.16
- Max
- 1.98
- Q3
- 0.89
- Median
- 0.47
- WPM
- 0.16
- Q1
- 0.13
- Min
- 0.00
Financial Strength Metrics
| Metric | DOW | WPM |
|---|---|---|
| Current Ratio (MRQ) | 1.76 | 0.57 |
| Debt / Equity (MRQ) | 1.08 | 0.16 |
| Net Debt / EBITDA | 3.21 | 0.50 |
Dividends
Dividend Yield (TTM)
Dow (DOW) at 4.38% delivers top-quartile income for its industry, while Wheaton Precious Metals (WPM) at 0.57% pays a more typical yield — both are credible income propositions, DOW the richer one.
DOW
Materials industry group
4.38%
- Max
- 4.52%
- DOW
- 4.38%
- Q3
- 1.85%
- Median
- 0.38%
- Q1
- 0.00%
- Min
- 0.00%
WPM
Materials industry group
0.57%
- Max
- 4.52%
- Q3
- 1.85%
- WPM
- 0.57%
- Median
- 0.38%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Dow (DOW) reports payout ratio above 100% at 700.00%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Wheaton Precious Metals (WPM) reports 16.29%, ranking against industry peers normally.
DOW
Materials industry group
700.00%
- DOW
- 700.00%
- Max
- 83.62%
- Q3
- 41.37%
- Median
- 9.54%
- Q1
- 0.00%
- Min
- 0.00%
WPM
Materials industry group
16.29%
- Max
- 83.62%
- Q3
- 41.37%
- WPM
- 16.29%
- Median
- 9.54%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DOW | WPM |
|---|---|---|
| Dividend Yield (TTM) | 4.38% | 0.57% |
| Dividend Payout Ratio (TTM) | 700.00% | 16.29% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: Wheaton Precious Metals (WPM) trades at 29.63 times trailing earnings, ranked against its peers, while Dow (DOW) has no P/E ratio this period.
DOW
Materials industry group
--
- Max
- 59.00
- Q3
- 32.93
- Median
- 18.82
- Q1
- 11.96
- Min
- 3.93
- DOW
- --
WPM
Materials industry group
29.63
- Max
- 59.00
- Q3
- 32.93
- WPM
- 29.63
- Median
- 18.82
- Q1
- 11.96
- Min
- 3.93
P/S Ratio (TTM)
Dow (DOW) at 0.53 sits in the cheaper P/S ratio quartile while Wheaton Precious Metals (WPM) at 17.86 prices above its industry range — a wide gap in sales valuation between them.
DOW
Materials industry group
0.53
- Max
- 9.62
- Q3
- 4.34
- Median
- 1.87
- Q1
- 0.73
- DOW
- 0.53
- Min
- 0.00
WPM
Materials industry group
17.86
- WPM
- 17.86
- Max
- 9.62
- Q3
- 4.34
- Median
- 1.87
- Q1
- 0.73
- Min
- 0.00
P/B Ratio (MRQ)
Dow (DOW) at 1.41 is valued about in line with its industry on P/B ratio, while Wheaton Precious Metals (WPM) at 6.17 carries an above-peer premium to book — WPM is pricier on assets.
DOW
Materials industry group
1.41
- Max
- 6.59
- Q3
- 3.55
- Median
- 2.08
- DOW
- 1.41
- Q1
- 1.26
- Min
- -0.17
WPM
Materials industry group
6.17
- Max
- 6.59
- WPM
- 6.17
- Q3
- 3.55
- Median
- 2.08
- Q1
- 1.26
- Min
- -0.17
Valuation Metrics
| Metric | DOW | WPM |
|---|---|---|
| P/E Ratio (TTM) | -- | 29.63 |
| P/S Ratio (TTM) | 0.53 | 17.86 |
| P/B Ratio (MRQ) | 1.41 | 6.17 |
| Free Cash Flow Yield (TTM) | 3.95% | -5.11% |