Pan American Silver (PAAS) Free Cash Flow (2009 - 2026)

Pan American Silver (PAAS) posted quarterly Free Cash Flow of $610.0 million for Q1 2026, up 148.98% year-over-year from $245.0 million in Q1 2025, and up 35385.75% on a QoQ basis from $1.7 million in Q4 2025.

Pan American Silver (PAAS) Free Cash Flow (2009 - 2026) Analysis & Trends

Pan American Silver (PAAS) has reported Free Cash Flow for 18 consecutive years, with $610.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Free Cash Flow rose 148.98% year-over-year to $610.0 million; the TTM figure through Mar 2026 stood at $763.1 million (up 92.31% YoY), while the FY2025 annual figure was $1.0 billion, up 154.11% from the prior year.
  • Free Cash Flow came in at $610.0 million for Q1 2026 at Pan American Silver, up from $1.7 million in the prior quarter.
  • The five-year high for Free Cash Flow was $610.0 million in Q1 2026, with the low at -$223.8 million in Q4 2022.
  • Average Free Cash Flow over 5 years is $87.4 million, with a median of $71.8 million recorded in 2022.
  • Across the five-year window, Free Cash Flow sank 37.4% in 2023 and jumped 181.93% in 2025, its largest moves.
  • Year by year, Free Cash Flow stood at -$223.8 million in 2022, then jumped by 100.25% to $568900.0 in 2023, then jumped by 42.2% to $809000.0 in 2024, then surged by 112.48% to $1.7 million in 2025, then jumped by 35385.75% to $610.0 million in 2026.
  • According to Business Quant data, Free Cash Flow over the past three periods registered $610.0 million, $1.7 million, and $91.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Barrick Mining 978.09 Bn 980.39 Bn 3.12 Bn 3.53 Bn
2 Trx Gold 189.48 Bn 189.48 Bn 21.05 Mn 20.23 Mn
3 Newmont 101.22 Bn 92.61 Bn 7.29 Bn 3.14 Bn
4 OR Royalties 53.18 Bn 53.08 Bn 88.84 Mn 71.86 Mn
5 Wheaton Precious Metals 50.59 Bn 48.43 Bn 699.37 Mn 765.82 Mn
6 Aura Minerals 50.25 Bn 50.25 Bn 19.58 Mn 44.11 Mn
7 Franco Nevada 40.21 Bn 39.50 Bn 526.30 Mn 520.60 Mn
8 Gold Fields 30.19 Bn 28.41 Bn - -
9 Kinross Gold 28.01 Bn 25.95 Bn 1.44 Bn 1.25 Bn
10 Pan American Silver 18.70 Bn 17.09 Bn 608,000.00 610.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 610.00 Mn
Mar 31, 2026 610.00 Mn
Dec 31, 2025 648,000.00
Dec 31, 2025 648,000.00
Sep 30, 2025 91.10 Mn
Sep 30, 2025 91.10 Mn
Jun 30, 2025 60.30 Mn
Jun 30, 2025 60.30 Mn
Mar 31, 2025 245.00 Mn
Mar 31, 2025 245.00 Mn
Dec 31, 2024 809,000.00
Dec 31, 2024 809,000.00
Sep 30, 2024 75.10 Mn
Sep 30, 2024 75.10 Mn
Jun 30, 2024 75.90 Mn
Jun 30, 2024 75.90 Mn
Mar 31, 2024 86.90 Mn
Mar 31, 2024 86.90 Mn
Dec 31, 2023 568,900.00
Dec 31, 2023 568,900.00