PAASNYSEGold and Silver OresFiscal year ends December 31Also trades as PAASF
PAN AMERICAN SILVER CORP
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 40-F on Feb 18, 2026
$44.43+0.22 (+0.50%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- 17.4
- Dividend yield
- –
Pan American Silver statistics
Financials through Dec 31, 2025, price as of Oct 19, 2026, median of Gold and Silver Ores companies for comparison
Valuation
| Measure | Pan American Silver | Industry median |
|---|---|---|
| Market Cap | $18.74B | $431.51M |
| Enterprise Value | $18.25B | $361.25M |
| PE Ratio | 17.36 | 14.90 |
| PS Ratio | 5.18 | 4.88 |
| PB Ratio | 2.68 | 2.84 |
| P/TBV Ratio | 2.68 | 2.92 |
| P/FCF Ratio | 18.39 | 20.90 |
| P/OCF Ratio | 14.06 | 13.25 |
Enterprise value
| Measure | Pan American Silver | Industry median |
|---|---|---|
| EV / Sales | 5.04 | 4.89 |
| EV / EBITDA | 10.55 | 10.55 |
| EV / EBIT | 14.80 | 14.34 |
| EV / FCF | 17.91 | 21.36 |
Income (trailing twelve months)
| Measure | Pan American Silver | Industry median |
|---|---|---|
| Revenue | $3.62B | $258.05M |
| Gross Profit | $1.41B | $88.67M |
| Operating Income | $1.23B | -$387.61K |
| Pretax Income | $1.24B | -$49.92K |
| EBITDA | $1.73B | -$192.61K |
| EPS (Diluted) | $2.56 | -$0.01 |
Margins
| Measure | Pan American Silver | Industry median |
|---|---|---|
| Gross Margin | 38.8% | 48.5% |
| Operating Margin | 34.1% | 17.7% |
| Pretax Margin | 34.2% | 20.3% |
| EBITDA Margin | 47.8% | 34.4% |
| FCF Margin | 28.2% | 10.6% |
Returns
| Measure | Pan American Silver | Industry median |
|---|---|---|
| Return on Invested Capital (ROIC) | 17.7% | -0.20% |
| Return on Capital Employed (ROCE) | 13.8% | -4.24% |
Growth
| Measure | Pan American Silver | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 28.4% | 39.8% |
| EPS Growth (YoY) | 725.8% | 100.7% |
| FCF Growth (YoY) | 154.1% | 82.9% |
| Revenue Growth (3Y CAGR) | 34.3% | 23.7% |
| Revenue Growth (5Y CAGR) | 22.0% | 17.6% |
| EPS Growth (5Y CAGR) | 24.7% | 22.2% |
Balance sheet
| Measure | Pan American Silver | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $1.22B | $38.57M |
| Total Debt | $714.00M | $165.91M |
| Net Cash (Debt) | $501.00M | $10.50M |
| Net Cash Per Share | $1.19 | $0.12 |
| Equity (Book Value) | $7.00B | $96.65M |
| Book Value Per Share | $16.59 | $0.88 |
| Tangible Book Value | $7.00B | $96.65M |
| Working Capital | $1.38B | $21.92M |
Financial position
| Measure | Pan American Silver | Industry median |
|---|---|---|
| Current Ratio | 2.69 | 2.56 |
| Quick Ratio | 1.77 | 1.73 |
| Debt / Equity | 0.10 | 0.20 |
| Debt / EBITDA | 0.41 | 0.44 |
| Debt / FCF | 0.70 | 0.70 |
| Net Debt / EBITDA | -0.29 | 0.07 |
| Interest Coverage | 411.00 | -0.24 |
Cash flow (trailing twelve months)
| Measure | Pan American Silver | Industry median |
|---|---|---|
| Operating Cash Flow | $1.33B | -$519.89K |
| Capital Expenditures | -$314.00M | -$32.58M |
| Free Cash Flow | $1.02B | -$99.00K |
| FCF Per Share | $2.42 | -$0.00 |
Efficiency
| Measure | Pan American Silver | Industry median |
|---|---|---|
| Asset Turnover | 0.43 | 0.35 |
| Inventory Turnover | 3.71 | 4.34 |
Dividends and yields
| Measure | Pan American Silver | Industry median |
|---|---|---|
| FCF Yield | 5.44% | -0.05% |
| Buyback Yield | 0.23% | -1.06% |
| Shareholder Yield | 0.23% | -0.05% |
| FCF Payout Ratio | 17.2% | 17.8% |
Shares
| Measure | Pan American Silver | Industry median |
|---|---|---|
| Shares Outstanding | 421,847,000 | 138,950,000 |
| Shares Change (YoY) | 5.00% | 8.07% |
| Float | 421,847,000 | 117,392,000 |
| Shares Held by Insiders | 0.00% | 1.65% |
| Shares Held by Institutions | 51.7% | 38.5% |
Taxes
| Measure | Pan American Silver | Industry median |
|---|---|---|
| Income Tax | $258.00M | $3.49M |
| Effective Tax Rate | 20.8% | 31.1% |
Scores
| Measure | Pan American Silver | Industry median |
|---|---|---|
| Graham Number | $30.91 | $16.44 |
| Graham Upside | -30.4% | -25.1% |
| Altman Z-Score | 4.99 | 3.61 |
Calculated by StockData from Pan American Silver's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.