Pan American Silver (PAAS) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
2.8B
Gross Profit
548.5M
19.46%
Operating Income
350.3M
12.43%
Net Income
112.7M
4.00%
EPS (Diluted)
$0.31
Balance Sheet Metrics
Total Assets
7.2B
Total Liabilities
2.5B
Shareholders Equity
4.7B
Debt to Equity
0.53
Cash Flow Metrics
Operating Cash Flow
971.6M
Free Cash Flow
400.8M
Revenue & Profitability Trend
Pan American Silver Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 2.8B | 2.3B | 1.5B | 1.6B | 1.3B |
| Cost of Goods Sold | 2.3B | 2.1B | 1.5B | 1.3B | 1.1B |
| Gross Profit | 548.5M | 214.6M | 3.3M | 336.2M | 258.1M |
| Operating Expenses | 165.9M | 147.5M | 69.6M | 54.5M | 72.9M |
| Operating Income | 350.3M | 67.1M | -66.3M | 281.7M | 185.2M |
| Pre-tax Income | 431.7M | -58.8M | -301.0M | 245.0M | 252.0M |
| Income Tax | 319.0M | 46.1M | 39.1M | 146.4M | 75.6M |
| Net Income | 112.7M | -104.9M | -340.1M | 98.6M | 176.5M |
| EPS (Diluted) | $0.31 | -$0.32 | -$1.62 | $0.46 | $0.84 |
Income Statement Trend
Pan American Silver Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 1.7B | 1.4B | 804.4M | 1.0B | 856.9M |
| Non-Current Assets | 5.5B | 5.8B | 2.4B | 2.5B | 2.6B |
| Total Assets | 7.2B | 7.2B | 3.2B | 3.5B | 3.4B |
| Liabilities | |||||
| Current Liabilities | 687.0M | 624.2M | 380.8M | 387.7M | 361.8M |
| Non-Current Liabilities | 1.8B | 1.8B | 666.1M | 494.9M | 466.3M |
| Total Liabilities | 2.5B | 2.4B | 1.0B | 882.6M | 828.0M |
| Equity | |||||
| Total Shareholders Equity | 4.7B | 4.8B | 2.2B | 2.6B | 2.6B |
Balance Sheet Composition
Pan American Silver Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 112.7M | -104.9M | -340.1M | 98.6M | 176.5M |
| Operating Cash Flow | 971.6M | 554.2M | 71.5M | 482.7M | 566.6M |
| Investing Activities | |||||
| Capital Expenditures | -319.5M | -375.2M | -266.0M | -197.7M | -156.1M |
| Investing Cash Flow | -32.6M | 397.9M | -255.4M | -186.7M | -99.5M |
| Financing Activities | |||||
| Dividends Paid | -145.4M | -130.4M | -94.7M | -71.5M | -46.2M |
| Financing Cash Flow | -225.2M | -551.8M | 53.0M | -85.9M | -604.6M |
| Free Cash Flow | 400.8M | 71.2M | -242.9M | 148.6M | 283.8M |
Cash Flow Trend
Pan American Silver Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
33.76
Forward P/E
15.61
Price to Book
2.18
Price to Sales
3.52
PEG Ratio
15.61
Profitability Ratios
Profit Margin
10.40%
Operating Margin
28.71%
Return on Equity
6.58%
Return on Assets
4.88%
Financial Health
Current Ratio
2.93
Debt to Equity
17.10
Beta
0.80
Per Share Data
EPS (TTM)
$0.86
Book Value per Share
$13.30
Revenue per Share
$8.24
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| paas | 10.5B | 33.76 | 2.18 | 6.58% | 10.40% | 17.10 |
| Agnico Eagle Mines | 61.8B | 26.03 | 2.84 | 11.45% | 26.48% | 5.92 |
| Newmont | 66.2B | 13.54 | 2.13 | 16.66% | 25.77% | 25.41 |
| Wheaton Precious | 40.7B | 65.93 | 5.45 | 8.51% | 42.45% | 0.11 |
| Franco-Nevada | 32.1B | 51.49 | 5.08 | 10.20% | 50.94% | 0.00 |
| Barrick Gold | 32.4B | 14.29 | 1.33 | 10.28% | 17.46% | 14.08 |
Financial data is updated regularly. All figures are in the company's reporting currency.