---
title: "Pan American Silver (PAAS.US) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/PAAS.US/norm.md"
symbol: "PAAS.US"
name: "Pan American Silver"
parent: "https://longbridge.com/en/quote/PAAS.US.md"
datetime: "2026-03-13T08:37:58.562Z"
locales:
  - [en](https://longbridge.com/en/quote/PAAS.US/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/PAAS.US/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/PAAS.US/norm.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/quote/PAAS.US/norm.md) | [繁體中文](https://longbridge.com/zh-HK/quote/PAAS.US/norm.md)


# Pan American Silver (PAAS.US) — Financial Reports

## Income Statement (USD)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| EPS | 1.07 | 0.4400 | 0.5200 | 0.4655 | 0.2978 |
| ROE | 26.53% | 11.65% | 15.48% | 14.18% | 9.26% |
| Revenue | 1.18B | 854.60M | 811.90M | 773.20M | 815.20M |
| Net income | 451.50M | 168.60M | 189.20M | 168.70M | 108.10M |
| Operating income | 411.40M | 256.80M | 241.50M | 222.00M | 90.00M |
| Gross margin | 58.98% | 49.91% | 47.83% | 46.88% | 44.99% |
| Net margin | 38.29% | 19.73% | 23.30% | 21.82% | 13.26% |
| Profit quality | 73.98% | 83.19% | 82.31% | 127.00% | 32.85% |

## Balance Sheet (USD)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| A&L | 9.74B | 9.15B | 7.36B | 7.21B | 7.20B |
| Leverage | 1.39 | 1.38 | 1.48 | 1.49 | 1.53 |
| BVPS | 16.59 | 15.68 | 13.71 | 13.30 | 12.96 |
| Turnover | 0.4271 | 0.3994 | 0.4327 | 0.4187 | 0.3911 |
| Cash & STI | 1.32B | 910.80M | 1.11B | 923.00M | 887.00M |
| Inv & Rec | 588.00M | 587.20M | 603.40M | 594.60M | 606.00M |
| LT assets | 5.34B | 5.28B | 5.26B | 5.29B | 5.33B |
| Net debt | -446.00M | -28.90M | -266.90M | -97.10M | -62.00M |

## Cash Flow Statement (USD)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 556.10M | 308.70M | 293.40M | 174.80M | 274.00M |
| Investing CF | -123.40M | -462.00M | -52.70M | -67.90M | 201.40M |
| Financing CF | -89.70M | -57.10M | -61.30M | -69.90M | -49.50M |
| Free CF | 379.63M | 305.30M | 251.84M | 105.15M | 357.05M |
| OCF coverage | 327.50% | 207.18% | 263.38% | 148.39% | 203.11% |
| Repaid & issued | - | - | - | - | - |
| CapEx | -94.50M | -91.10M | -60.30M | -68.10M | -85.10M |

## Distribution Plan

**Dividend Yield**: 0.90

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.18USD | 2026-03-02 | 2026-03-02 | 2026-03-13 |
| Cash Dividend: 
0.14USD | 2025-11-24 | 2025-11-24 | 2025-12-05 |
| Cash Dividend: 
0.12USD | 2025-08-18 | 2025-08-18 | 2025-08-29 |