Pan American Silver Corp. (PAAS)
NYSE: PAAS · Real-Time Price · USD
40.37
-1.12 (-2.70%)
Nov 5, 2026, 11:25 AM EST - Market open

Pan American Silver Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
4,4633,6192,8192,3161,4951,633
Revenue Growth
37.13%28.38%21.71%54.95%-8.46%21.95%
Gross Profit
2,4671,8771,095700319.3639.12
Operating Income
1,7381,14936050.6-140.5282.32
Net Income
1,568978112-103.7-341.797.43
Earnings Per Share
3.742.560.31-0.32-1.620.46
EPS Growth
115.90%730.54%----45.67%

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Total Attributable Silver Segment
2,1221,231666611.2504.8601.34
Total Attributable Gold Segment
2,9222,5452,1481,705989.91,031
Eliminations from Attributable Segment
-580.2-1575---
Revenue (Total)
4,4633,6192,8192,3161,4951,633

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,7001,319887440.9142.3335.27
Total Debt
844873825823.2247.666.65
Net Cash (Debt)
85644662-382.3-105.3268.62
Net Cash Growth
2861.94%619.36%---19.55%
Net Cash Per Share
2.041.170.17-1.17-0.501.28

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
1,7551,333724450.231.8392.11
Capital Expenditures
-418.9-314-323-379-274.7-243.48
Free Cash Flow
1,3361,01940171.2-242.9148.63
Free Cash Flow Growth
78.31%154.12%463.20%---47.62%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
55.26%51.87%38.84%30.22%21.36%39.14%
Operating Margin
38.93%31.75%12.77%2.19%-9.40%17.29%
Pretax Margin
47.65%34.21%15.32%-2.54%-20.14%15.00%
Profit Margin
35.14%27.02%3.97%-4.48%-22.86%5.97%
FCF Margin
29.94%28.16%14.22%3.07%-16.25%9.10%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.6840.4600.4000.4000.4400.340
Dividend Per Share Growth
62.86%15.00%0%-9.09%29.41%54.55%
Dividend Yield
1.71%0.89%1.97%2.44%2.69%1.36%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
10.6222.4065.76--53.83
P/FCF Ratio
12.9821.5018.3783.83-35.29
PS Ratio
3.896.052.612.582.303.21