NYSE : TFPM
Triple Flag Precious Metals Corp. — Financial statements
Materials · Other Precious Metals & Mining · Canada
Last price 28.13 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 5.79B
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Financial statements
Triple Flag Precious Metals Corp. (TFPM) reported revenue of 488.58M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 488.58M | 388.70M | 268.99M | 204.02M | 151.88M | 150.42M |
| Cost of Revenue | 69.29M | 46.53M | 38.23M | 36.84M | 14.80M | 13.50M |
| Gross Profit | 419.29M | 342.17M | 230.76M | 167.18M | 137.09M | 136.93M |
| Selling, General & Admin | 31.68M | 36.10M | 25.16M | 24.31M | 18.49M | 12.98M |
| Other Operating Expenses | 11.05M | 10.83M | 903.00K | 670.00K | 805.00K | 855.00K |
| Operating Expenses | 117.24M | 126.19M | 208.66M | 105.38M | 72.98M | 67.51M |
| Operating Income | 302.05M | 215.99M | 22.10M | 61.81M | 64.11M | 69.41M |
| Interest Expense | -2.93M | -4.22M | -5.62M | -7.32M | -3.31M | -6.42M |
| Interest & Investment Income | 758.00K | 758.00K | 545.00K | 3.20M | 1.90M | 750.00K |
| Currency Exchange Gain (Loss) | -414.00K | -414.00K | 181.00K | -218.00K | -352.00K | -25.00K |
| Other Non Operating Income (Expenses) | 50.53M | 50.53M | 11.01M | 1.47M | -4.57M | -11.08M |
| EBT Excluding Unusual Items | 349.99M | 262.65M | 28.22M | 58.94M | 57.78M | 52.63M |
| Gain (Loss) on Sale of Investments | 13.53M | |||||
| Gain (Loss) on Sale of Assets | 86.17M | 6.71M | -1.00M | 2.10M | ||
| Asset Writedown | -2.50M | -40.99M | -21.55M | |||
| Other Unusual Items | -670.00K | |||||
| Pretax Income | 447.19M | 269.36M | -12.77M | 36.39M | 59.88M | 51.96M |
| Income Tax Expense | 35.21M | 29.35M | 10.31M | 107.00K | 4.79M | 6.44M |
| Earnings From Continuing Operations | 411.98M | 240.00M | -23.08M | 36.28M | 55.09M | 45.53M |
| Net Income | 411.98M | 240.00M | -23.08M | 36.28M | 55.09M | 45.53M |
| Net Income to Common | 411.98M | 240.00M | -23.08M | 36.28M | 55.09M | 45.53M |
| Shares Outstanding (Basic) | 206.39M | 203.62M | 201.30M | 199.33M | 155.95M | 148.03M |
| Shares Outstanding (Diluted) | 206.92M | 204.07M | 201.30M | 199.52M | 155.95M | 148.03M |
| EPS (Basic) | 2.00 | 1.18 | -0.11 | 0.18 | 0.35 | 0.31 |
| EPS (Diluted) | 2.00 | 1.18 | -0.11 | 0.18 | 0.35 | 0.31 |
| Free Cash Flow | -226.72M | 94.21M | 156.01M | -36.76M | 66.10M | 68.75M |
| Free Cash Flow Per Share | -1.10 | 0.46 | 0.78 | -0.18 | 0.42 | 0.46 |
| Dividend Per Share | 0.23 | 0.23 | 0.21 | 0.20 | 0.20 | 0.10 |
| Gross Margin | 85.82% | 88.03% | 85.79% | 81.94% | 90.26% | 91.03% |
| Operating Margin | 61.82% | 55.57% | 8.22% | 30.29% | 42.21% | 46.15% |
| Profit Margin | 84.32% | 61.75% | -8.58% | 17.78% | 36.27% | 30.27% |
| Free Cash Flow Margin | -46.41% | 24.24% | 58.00% | -18.02% | 43.52% | 45.71% |
| EBITDA | 376.84M | 295.57M | 205.05M | 142.57M | 118.17M | 123.48M |
| EBITDA Margin | 77.13% | 76.04% | 76.23% | 69.88% | 77.80% | 82.09% |
| D&A For EBITDA | 74.79M | 79.58M | 182.95M | 80.76M | 54.06M | 54.07M |
| EBIT | 302.05M | 215.99M | 22.10M | 61.81M | 64.11M | 69.41M |
| EBIT Margin | 61.82% | 55.57% | 8.22% | 30.29% | 42.21% | 46.15% |
| Effective Tax Rate | 7.87% | 10.90% | 0.29% | 8.00% | 12.39% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 15.20M | 71.28M | 36.24M | 17.38M | 71.10M | 40.67M |
| Short-Term Investments | 19.89M | 17.42M | 3.01M | 6.25M | 5.37M | 13.67M |
| Cash & Short-Term Investments | 35.09M | 88.70M | 39.26M | 23.63M | 76.47M | 54.34M |
| Accounts Receivable | 25.17M | 21.54M | 16.02M | 11.65M | 7.51M | 6.31M |
| Other Receivables | 1.88M | 685.00K | 1.33M | 2.48M | 787.00K | 74.00K |
| Receivables | 29.73M | 25.35M | 17.64M | 23.13M | 8.30M | 16.07M |
| Inventory | 4.67M | 3.83M | 1.39M | 1.37M | ||
| Prepaid Expenses | 122.00K | 544.00K | 664.00K | 1.19M | 1.31M | 637.00K |
| Other Current Assets | 55.93M | 33.54M | 14.25M | 7.70M | 4.53M | |
| Total Current Assets | 120.87M | 152.80M | 75.64M | 57.04M | 90.61M | 72.43M |
| Property, Plant & Equipment | 2.32B | 1.89B | 1.65B | 1.77B | 1.23B | 1.23B |
| Long-Term Deferred Tax Assets | 4.28M | 5.87M | 8.45M | 9.34M | 2.61M | 2.60M |
| Long-Term Deferred Charges | 1.80M | |||||
| Other Long-Term Assets | 130.60M | 60.34M | 37.75M | 36.04M | 4.55M | |
| Total Assets | 2.57B | 2.11B | 1.77B | 1.89B | 1.34B | 1.30B |
| Accounts Payable | 5.08M | 2.85M | 628.00K | 1.03M | 147.00K | |
| Accrued Expenses | 29.99M | 20.24M | 15.04M | 10.29M | 3.72M | |
| Current Portion of Leases | 397.00K | 379.00K | 318.00K | 390.00K | 277.00K | 270.00K |
| Current Income Taxes Payable | 10.70M | 3.50M | 3.72M | 1.26M | 989.00K | 334.00K |
| Other Current Liabilities | 21.79M | |||||
| Total Current Liabilities | 32.89M | 38.95M | 27.13M | 17.32M | 12.59M | 4.47M |
| Long-Term Debt | 235.00M | 57.00M | ||||
| Long-Term Leases | 793.00K | 1.08M | 1.37M | 1.76M | 1.64M | 857.00K |
| Long-Term Deferred Tax Liabilities | 17.87M | 20.07M | 2.93M | 3.64M | 1.49M | 2.43M |
| Other Long-Term Liabilities | 3.25M | 8.16M | 2.83M | 4.01M | 2.84M | 1.03M |
| Total Liabilities | 289.81M | 68.26M | 34.26M | 83.72M | 18.55M | 8.79M |
| Common Stock | 1.86B | 1.86B | 1.74B | 1.75B | 1.25B | 1.25B |
| Retained Earnings | 404.57M | 164.95M | -23.77M | 46.83M | 63.67M | 40.30M |
| Comprehensive Income & Other | 15.44M | 15.44M | 15.15M | 14.73M | 4.62M | 1.31M |
| Shareholders' Equity | 2.28B | 2.05B | 1.74B | 1.81B | 1.32B | 1.29B |
| Total Liabilities & Equity | 2.57B | 2.11B | 1.77B | 1.89B | 1.34B | 1.30B |
| Total Debt | 236.19M | 1.46M | 1.69M | 59.15M | 1.92M | 1.13M |
| Net Cash (Debt) | -201.10M | 87.24M | 37.56M | -35.52M | 74.55M | 53.22M |
| Net Cash Per Share | -0.97 | 0.43 | 0.19 | -0.18 | 0.48 | 0.36 |
| Filing Date Shares Outstanding | 206.00M | 206.57M | 200.89M | 201.08M | 200.82M | 156.02M |
| Total Common Shares Outstanding | 206.00M | 206.53M | 201.21M | 201.35M | 155.69M | 156.04M |
| Working Capital | 87.98M | 113.85M | 48.52M | 39.72M | 78.02M | 67.96M |
| Book Value Per Share | 11.08 | 9.90 | 8.63 | 8.99 | 8.47 | 8.30 |
| Tangible Book Value | 2.28B | 2.05B | 1.74B | 1.81B | 1.32B | 1.29B |
| Tangible Book Value Per Share | 11.08 | 9.90 | 8.63 | 8.99 | 8.47 | 8.30 |
| Leasehold Improvements | 417.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 411.98M | 240.00M | -23.08M | 36.28M | 55.09M | 45.53M |
| Depreciation & Amortization | 74.79M | 79.58M | 182.95M | 80.76M | 54.06M | 54.07M |
| Loss (Gain) From Sale of Assets | -86.17M | -6.71M | 1.00M | -2.10M | ||
| Asset Writedown & Restructuring Costs | 2.50M | 21.55M | ||||
| Loss (Gain) From Sale of Investments | -59.76M | -46.23M | -12.78M | -1.47M | 4.07M | 10.79M |
| Stock-Based Compensation | -7.50M | 292.00K | 422.00K | 3.41M | 3.30M | 1.31M |
| Provision & Write-off of Bad Debts | 40.99M | |||||
| Other Operating Activities | 62.93M | 40.80M | 25.23M | 14.34M | 4.36M | 7.54M |
| Change in Accounts Receivable | -7.30M | -5.24M | -2.74M | -4.17M | -4.83M | 2.38M |
| Change in Inventory | 643.00K | -569.00K | -1.13M | -363.00K | 293.00K | -293.00K |
| Change in Accounts Payable | 7.63M | 15.21M | 3.64M | 2.80M | 3.01M | 1.38M |
| Change in Other Net Operating Assets | 1.13M | -2.69M | ||||
| Operating Cash Flow | 395.44M | 312.83M | 213.50M | 154.14M | 118.38M | 120.02M |
| Capital Expenditures | -622.16M | -218.62M | -57.49M | -190.90M | -52.28M | -51.26M |
| Sale of Property, Plant & Equipment | 2.00M | 2.00M | 366.00K | 1.70M | 4.50M | |
| Investment in Securities | -4.70M | -5.65M | -10.20M | -2.74M | -1.14M | 3.12M |
| Investing Cash Flow | -623.06M | -217.97M | -81.96M | -212.98M | -48.92M | -48.15M |
| Long-Term Debt Issued | 113.00M | 63.00M | 130.00M | 44.00M | ||
| Total Debt Issued | 448.00M | 113.00M | 63.00M | 130.00M | 44.00M | |
| Long-Term Debt Repaid | -113.46M | -120.43M | -73.44M | -359.00K | -319.34M | |
| Lease Payments | -499.00K | -457.00K | -431.00K | -436.00K | -359.00K | -339.00K |
| Net Debt Issued (Repaid) | 234.50M | -457.00K | -57.43M | 56.56M | -359.00K | -275.34M |
| Issuance of Common Stock | 505.00K | 146.00K | 1.76M | 16.84M | 245.12M | |
| Repurchase of Common Stock | -22.00M | -9.01M | -8.92M | -20.71M | -4.13M | -1.68M |
| Common Dividends Paid | -47.48M | -45.84M | -43.28M | -41.31M | -30.41M | -14.84M |
| Other Financing Activities | -4.40M | -4.69M | -4.73M | -6.25M | -3.86M | -5.09M |
| Financing Cash Flow | 161.13M | -59.86M | -112.60M | 5.12M | -38.75M | -51.84M |
| Foreign Exchange Rate Adjustments | -81.00K | 36.00K | -77.00K | -1.00K | -284.00K | |
| Net Cash Flow | -66.57M | 35.04M | 18.87M | -53.72M | 30.43M | 20.04M |
| Free Cash Flow | -226.72M | 94.21M | 156.01M | -36.76M | 66.10M | 68.75M |
| Free Cash Flow Margin | -46.41% | 24.24% | 58.00% | -18.02% | 43.52% | 45.71% |
| Free Cash Flow Per Share | -1.10 | 0.46 | 0.78 | -0.18 | 0.42 | 0.46 |
| Levered Free Cash Flow | -395.38M | -4.18M | 146.95M | -85.44M | 56.93M | 37.12M |
| Unlevered Free Cash Flow | -393.55M | -1.54M | 150.46M | -80.86M | 59.00M | 41.14M |
| Free Cash Flow After Leases | -227.22M | 93.76M | 155.58M | -37.19M | 65.74M | 68.41M |
| Cash Interest Paid | 2.92M | 3.06M | 4.73M | 6.25M | 2.01M | 5.09M |
| Cash Income Tax Paid | 13.19M | 11.58M | 6.99M | 6.08M | 5.03M | 5.30M |
| Change in Working Capital | 979.00K | 9.40M | -226.00K | -1.73M | -400.00K | 775.00K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 5.94B | 6.87B | 3.02B | 2.69B | 2.16B | 1.87B |
| Enterprise Value | 6.15B | 6.86B | 3.03B | 2.75B | 2.07B | 1.84B |
| Last Close Price | 28.13 | 33.06 | 14.82 | 12.93 | 13.17 | 11.44 |
| PE Ratio | 14.22 | 28.63 | 74.21 | 39.16 | 41.18 | |
| PS Ratio | 11.85 | 17.68 | 11.24 | 13.20 | 14.20 | 12.46 |
| PB Ratio | 2.54 | 3.36 | 1.74 | 1.49 | 1.64 | 1.45 |
| P/TBV Ratio | 2.54 | 3.36 | 1.74 | 1.49 | 1.64 | 1.45 |
| P/FCF Ratio | 72.93 | 19.38 | 32.64 | 27.27 | ||
| P/OCF Ratio | 14.65 | 21.96 | 14.16 | 17.47 | 18.22 | 15.62 |
| EV/Sales Ratio | 12.27 | 17.65 | 11.28 | 13.46 | 13.63 | 12.21 |
| EV/EBITDA Ratio | 15.91 | 23.21 | 14.79 | 19.27 | 17.52 | 14.87 |
| EV/EBIT Ratio | 19.85 | 31.77 | 137.26 | 44.44 | 32.30 | 26.45 |
| EV/FCF Ratio | 72.83 | 19.44 | 31.33 | 26.70 | ||
| Debt / Equity Ratio | 0.10 | 0.00 | 0.00 | 0.03 | 0.00 | 0.00 |
| Debt / EBITDA Ratio | 0.63 | 0.00 | 0.01 | 0.41 | 0.02 | 0.01 |
| Debt / FCF Ratio | 0.02 | 0.01 | 0.03 | 0.02 | ||
| Net Debt / Equity Ratio | 0.09 | -0.04 | -0.02 | 0.02 | -0.06 | -0.04 |
| Net Debt / EBITDA Ratio | 0.53 | -0.29 | -0.18 | 0.25 | -0.63 | -0.43 |
| Net Debt / FCF Ratio | -0.89 | -0.93 | -0.24 | -0.97 | -1.13 | -0.77 |
| Asset Turnover | 0.22 | 0.20 | 0.15 | 0.13 | 0.12 | 0.12 |
| Inventory Turnover | 10.95 | 14.63 | ||||
| Quick Ratio | 1.89 | 2.85 | 2.09 | 2.18 | 6.74 | 13.59 |
| Current Ratio | 3.67 | 3.92 | 2.79 | 3.29 | 7.20 | 16.20 |
| Return on Equity (ROE) | 20.15% | 12.70% | -1.30% | 2.32% | 4.22% | 3.94% |
| Return on Assets (ROA) | 8.54% | 6.95% | 0.75% | 2.39% | 3.03% | 3.33% |
| Return on Invested Capital (ROIC) | 12.45% | 10.53% | 1.25% | 3.99% | 4.75% | 4.89% |
| Return on Capital Employed (ROCE) | 11.90% | 10.40% | 1.30% | 3.30% | 4.80% | 5.30% |
| Earnings Yield | 7.03% | 3.49% | -0.76% | 1.35% | 2.55% | 2.43% |
| FCF Yield | -3.91% | 1.37% | 5.16% | -1.36% | 3.06% | 3.67% |
| Dividend Yield | 0.83% | 0.68% | 1.43% | 1.53% | 1.41% | 0.79% |
| Payout Ratio | 11.83% | 19.10% | 113.86% | 55.20% | 32.59% | |
| Buyback Yield / Dilution | -2.74% | -1.38% | -0.90% | -27.94% | -5.35% | -28.21% |
| Total Shareholder Return | -1.92% | -0.70% | 0.54% | -26.40% | -3.95% | -27.42% |