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Pan American Silver Corp. (PAAS)
NYSE: PAAS · Real-Time Price · USD
51.92
-0.95 (-1.80%)
At close: Aug 31, 2026, 4:00 PM EDT
51.52
-0.40 (-0.77%)
Pre-market: Sep 1, 2026, 4:09 AM EDT

Pan American Silver Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Net Income
304457451.5168.6189169108.156.7-21.9-30.9-68-19.7-32.416.4-172.7-71.5-17476.514.0420.25
Depreciation & Amortization
129121160.7120.5129126219130.2128.4124.4141147.5183795881.6177.188.278.0185.05
Loss (Gain) From Sale of Assets
-297.621.7-11-139.931.2-0.30.4-101.9-0.21.10.70.50.20.55-28.46
Asset Writedown & Restructuring Costs
----------46.5---24.9-----
Loss (Gain) From Sale of Investments
---73.8-11.9--5.60.6-310.8-3.37.87.9-6.9-1.312.67.6-2.86.0825.25
Loss (Gain) on Equity Investments
-75-88-60.7-16.3-----0.10.4--0.4----45-0.29-0.54
Stock-Based Compensation
110.20.6-1-4.81.61.61.61.81.21.31.2-1.31.31.32.10.9
Other Operating Activities
-203435.529.8-33-5885.837.290.621.48.6-6.9-54.9-46.66.88.128-34.827.2731.56
Change in Accounts Receivable
-1922-15-53.57-7-43-8.11-10.93.20.65.536.6-23.619.63.8-12.4-0.255.95
Change in Inventory
1-633.2-1-13114.1-23.4-19.4-39.319.12.7-3.620.3-23.3-10.5-26.410.3-17.0812.56
Change in Accounts Payable
42343.942.16-4951.224.8-13.3-14.815.81-2.7-40.222.89.30.2-11.48.348.62
Change in Other Net Operating Assets
-3-1138.110-7-22.13.6-2.5-11.8-9.611-8.7-4.93.22.7-1.3-0.67-4.12
Operating Cash Flow
320505556.1308.7294177274226.2162.761.1167.3114.611751.3-112.254.420.868.8118.1157.02
Operating Cash Flow Growth (YoY)
8.84%185.31%102.96%36.47%80.70%189.69%63.78%97.38%39.06%19.10%-110.66%462.50%-25.44%--65.35%-76.13%130.49%-30.76%36.60%

Investing Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Capital Expenditures
-99-105-94.5-91.1-60-68-85.1-75.1-75.9-86.9-118.8-108.7-113-38.5-72.3-69.1-71.8-61.5-70.15-62.19
Sale of Property, Plant & Equipment
21-39.3404-1.30.40.80.50.92.45.40.10.50.50.17.71.0729.94
Cash Acquisitions
---0.7-409.3---------259.5------
Divestitures
--10---291---45.5304.5--------
Investment in Securities
-34-1-53-----2-0.1-8.147.5105.3--0.30.30.70.460.52
Other Investing Activities
2041048.34.2117-5.8-0.50.4-0.11.73.671.53.61.2322.31.79
Investing Cash Flow
73-95-123.4-462-45-61201.4-75.2-72.7-86.5-70.6193.7-53.1327.9-68.2-67.7-68.4-51.1-66.33-29.95

Financing Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Long-Term Debt Issued
-----------1535265-2.50.8---
Total Debt Issued
-----------1535265163.82.50.8---
Long-Term Debt Repaid
-14-17--14.5-14-14--13.9-14.4-14.8--322.2-99.2-317.4--5.9-4.6-4.2--4
Total Debt Repaid
-14-17-16.1-14.5-14-14-13.9-13.9-14.4-14.8-8.7-322.2-99.2-317.4-5.3-5.9-4.6-4.2-4.27-4
Net Debt Issued (Repaid)
-14-17-16.1-14.5-14-14-13.9-13.9-14.4-14.8-8.7-307.2-64.2-52.4158.5-3.4-3.8-4.2-4.27-4
Issuance of Common Stock
1-0.50.8110.40.60.3-----0.10.20.40.30.28-
Repurchase of Common Stock
-224-25-14.9--11-20---2.8-21.5----------
Common Dividends Paid
-76-76-59.2-43.4-36-36-35.9-36.3-36.3-36.5-36.4-36.5-36.4-21.1-21-23.2-25.3-25.3-21.03-21.03
Other Financing Activities
-10-12---10-10-0.1--0.1-0.47.34.4-0.2-0.3----0.04-0.26
Financing Cash Flow
-323-130-89.7-57.1-70-79-49.5-49.6-53.2-72.7-45.5-336.4-96.2-73.7137.3-26.4-28.7-29.2-25.06-25.28

Net Cash Flow

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Foreign Exchange Rate Adjustments
1-1.6-0.32--2.30.4-0.7-0.40.8-1.3-2-1.2-3-2-0.8-0.2-0.68-1.41
Miscellaneous Cash Flow Adjustments
----------0.19.4-9.5-------
Net Cash Flow
71280344.6-210.718137423.6101.836.1-98.552.1-20-43.8304.3-46.1-41.7-77.1-11.726.04100.38

Free Cash Flow

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Free Cash Flow
221400461.6217.6234109188.9151.186.8-25.848.55.9412.8-184.5-14.7-517.347.9594.83
Free Cash Flow Growth (YoY)
-5.56%266.97%144.36%44.01%169.59%-289.49%2461.02%2070.00%----75.34%-----58.99%24.59%
Free Cash Flow Margin
19.66%34.66%39.14%25.46%28.82%14.10%23.17%21.10%12.65%-4.29%7.24%0.96%0.63%3.28%-49.15%-4.34%-14.98%1.66%11.36%20.60%
Free Cash Flow Per Share
0.530.951.090.570.650.300.520.420.24-0.070.130.020.010.06-0.88-0.07-0.240.040.230.45
Levered Free Cash Flow
266.88387.88381.19292.3248.95107.5363.99156.94140.488.25118.46-64.5864.16-9.85-63.8119.9927.4937.4768.26127.84
Unlevered Free Cash Flow
280.63402.88391.94301.18262.08120371.93164.38147.8515.5126.71-54.0175.73-8.1-62.4420.7428.1138.0368.77128.48

Additional Metrics

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Cash Interest Paid
10109.79.810999.59.5911.116.413.642.21.61.41.41.521.25
Cash Income Tax Paid
20513590.364.3689565.226.431.341.132.435.850.530.716.720.442.458.322.8124.04
Change in Working Capital
-17-2935.1-4.310-620.2-3.1-34.2-6639.9-5.310.28-2921.6-19.7-14.8-9.6623.01
SEC Filings: 10-K · 10-Q