Pan American Silver Financial Ratios
NYSE: PAASBasic MaterialsPrecious MetalsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Pan American Silver ratio analysis
Pan American Silver earned a net margin of 27.1% in FY 2025, up from 4.0% a year earlier. Gross margin was 38.8% compared with a median of 19.5% over the prior 9 years. Return on equity reached 14.0%, meaning Pan American Silver generated 0.14 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 0.10 versus 0.15 the year before, and the current ratio was 2.69. At the end of FY 2025, PAAS traded at 19.9 times earnings; across the 8 fiscal years shown, its year-end P/E ranged from 19.7 to 213.7, with a median of 41.6. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Pan American Silver financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 19.94 | 67.23 | — | — | 54.28 | 40.60 | 42.69 | 213.71 | 19.70 | 22.83 |
| Price / sales | 5.38 | 2.69 | 2.30 | 2.30 | 3.22 | 5.42 | 3.50 | 2.92 | 2.92 | 2.96 |
| Price / book | 2.78 | 1.61 | 1.12 | 1.57 | 2.00 | 2.79 | 1.92 | 1.52 | 1.57 | 1.64 |
| Gross margin | 38.8% | 19.5% | 12.8% | 3.2% | 22.5% | 26.9% | 17.0% | 12.9% | 20.7% | 25.7% |
| Operating margin | 34.1% | 18.8% | 1.6% | -17.5% | 19.7% | 15.7% | 9.4% | 5.4% | 23.1% | 23.8% |
| Net margin | 27.1% | 4.0% | -4.5% | -22.8% | 6.0% | 13.2% | 8.2% | 1.5% | 15.1% | 13.1% |
| Free cash flow margin | 28.2% | 14.2% | 3.1% | -16.3% | 9.1% | 21.2% | 5.6% | 1.4% | 10.1% | 1.6% |
| Return on equity (ROE) | 14.0% | 2.4% | -2.2% | -15.5% | 3.7% | 6.8% | 4.5% | 0.8% | 8.1% | 7.3% |
| Return on assets (ROA) | 10.1% | 1.6% | -1.5% | -10.5% | 2.8% | 5.1% | 3.2% | 0.6% | 6.2% | 5.4% |
| Debt / equity | 0.10 | 0.15 | 0.15 | 0.09 | 0.01 | 0.00 | 0.11 | 0.00 | 0.00 | 0.03 |
| Current ratio | 2.69 | 2.50 | 2.23 | 2.11 | 2.58 | 2.37 | 2.90 | 3.64 | 3.22 | 3.33 |
| Revenue growth | 28.4% | 21.7% | 55.0% | -8.5% | 22.0% | -0.9% | 72.2% | -4.0% | 5.4% | — |
| EPS growth | 725.8% | — | — | -452.2% | -45.9% | 54.5% | 685.7% | -91.1% | 19.7% | — |