Pan American Silver (PAAS) Equity Ratio (2009 - 2025)

Pan American Silver's Equity Ratio history runs 12 years deep, the most recent figure standing at 0.72 for Q4 2025.

• In Q4 2025, Equity Ratio rose 9.97% year-over-year to 0.72; the TTM figure through Dec 2025 stood at 0.72 (up 9.97% YoY), while the FY2025 annual figure was 0.72, up 9.97% from the prior year.
• Equity Ratio was 0.72 for Q4 2025 at Pan American Silver, up from 0.65 in the prior quarter.
• In the past five years, Equity Ratio ranged from a high of 0.75 in Q4 2021 to a low of 0.65 in Q4 2024.
• Historically, Equity Ratio has averaged 0.69 across 5 years, with a median of 0.68 in 2022.
• The sharpest annual moves came in 2022 and 2025: Equity Ratio slipped 9.63% in 2022, then grew 9.97% in 2025.
• A 5-year view of Equity Ratio shows it stood at 0.75 in 2021, then declined by 9.63% to 0.68 in 2022, then declined by 2.34% to 0.66 in 2023, then fell by 1.05% to 0.65 in 2024, then grew by 9.97% to 0.72 in 2025.
• The last three Equity Ratio figures came in at 0.72 (Q4 2025), 0.65 (Q4 2024), and 0.66 (Q4 2023), per Business Quant data.