Pan American Silver (PAAS) Change in Working Capital (2009 - 2026)
Pan American Silver (PAAS) posted quarterly Change in Working Capital of -$29.0 million for Q1 2026, up 53.23% year-over-year from -$18.9 million in Q1 2025, and down 80655.56% quarter-over-quarter from $36000.0 in Q4 2025.
Pan American Silver (PAAS) Change in Working Capital (2009 - 2026) Analysis & Trends
Pan American Silver's Change in Working Capital history runs 18 years deep, the most recent figure standing at -$29.0 million for Q1 2026.
- In Q1 2026, Change in Working Capital rose 53.23% year-over-year to -$29.0 million; the TTM figure through Mar 2026 stood at -$27.8 million (up 72.04% YoY), while the FY2025 annual figure was $29.0 million, down 71.84% from the prior year.
- Change in Working Capital for Q1 2026 stood at -$29.0 million, down from $36000.0 in the prior quarter.
- The five-year high for Change in Working Capital was $21.6 million in Q3 2022, with the low at -$66.0 million in Q1 2024.
- The 5-year median for Change in Working Capital is -$3.1 million (2024), against an average of -$13.8 million.
- The sharpest annual moves came in 2024 and 2025: Change in Working Capital tumbled 925.0% in 2024, then surged 3500.0% in 2025.
- Pan American Silver's Change in Working Capital stood at -$42.0 million in 2022, then surged by 100.1% to $41900.0 in 2023, then tumbled by 97.61% to $1000.0 in 2024, then soared by 3500.0% to $36000.0 in 2025, then slumped by 80655.56% to -$29.0 million in 2026.
- Business Quant data shows PAAS's Change in Working Capital at -$29.0 million in Q1 2026, $36000.0 in Q4 2025, and -$4.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 140.45 Bn | 131.44 Bn | 4.03 Bn | - |
| 2 | Agnico Eagle Mines | 108.80 Bn | 105.34 Bn | 2.43 Bn | - |
| 3 | Barrick Mining | 79.45 Bn | 73.52 Bn | 2.90 Bn | - |
| 4 | Wheaton Precious Metals | 71.58 Bn | 71.48 Bn | 687.86 Mn | - |
| 5 | AngloGold Ashanti | 61.94 Bn | 59.11 Bn | 1.70 Bn | - |
| 6 | Gold Fields | 42.71 Bn | 40.93 Bn | - | - |
| 7 | Pan American Silver | 22.35 Bn | 20.78 Bn | 457,000.00 | - |
| 8 | Royal Gold | 21.96 Bn | 21.77 Bn | 390.45 Mn | - |
| 9 | Coeur Mining | 21.68 Bn | 20.62 Bn | 535.85 Mn | - |
| 10 | Alamos Gold | 15.89 Bn | 15.25 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -29.00 Mn |
| Mar 31, 2026 | -29.00 Mn |
| Dec 31, 2025 | 36,000.00 |
| Dec 31, 2025 | 36,000.00 |
| Sep 30, 2025 | -4.30 Mn |
| Sep 30, 2025 | -4.30 Mn |
| Jun 30, 2025 | 5.50 Mn |
| Jun 30, 2025 | 5.50 Mn |
| Mar 31, 2025 | -62.00 Mn |
| Mar 31, 2025 | -62.00 Mn |
| Dec 31, 2024 | 1,000.00 |
| Dec 31, 2024 | 1,000.00 |
| Sep 30, 2024 | -3.10 Mn |
| Sep 30, 2024 | -3.10 Mn |
| Jun 30, 2024 | -34.20 Mn |
| Jun 30, 2024 | -34.20 Mn |
| Mar 31, 2024 | -66.00 Mn |
| Mar 31, 2024 | -66.00 Mn |
| Dec 31, 2023 | 41,900.00 |
| Dec 31, 2023 | 41,900.00 |