Pan American Silver (PAAS) Free Cash Flow (2009 - 2026)
Pan American Silver's Free Cash Flow was $497 million in Q3 2026, up 22.7% from $405 million a year earlier and up 18.6% from the prior quarter.
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Analysis
Pan American Silver (PAAS) Free Cash Flow (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Pan American Silver's Free Cash Flow was $1.53 billion through Sep 30, 2026, up 185.9% year-over-year; for FY2025, it came in at $1.02 billion, up 154.1% from FY2024.
- Free Cash Flow shows a five-year compound annual growth rate of 29.1% (FY2020 to FY2025).
- In earlier years, Free Cash Flow was $401 million in FY2024 (+463.2%), $71.2 million in FY2023, -$242.9 million in FY2022 and $148.63 million in FY2021 (-47.6%).
- Quarterly Free Cash Flow has moved between $809,000 (Q4 2024) and $610 million (Q1 2026) over five years.
- Compared with a year earlier, Free Cash Flow has increased for five straight quarters, with growth averaging 223.3% over the last eight quarters.
- The best year-over-year quarter for Free Cash Flow over five years was Q1 2026 (growth of 794.7%); the worst was Q4 2024 (a decline of 99.3%).
- Per Business Quant data, PAAS's Free Cash Flow in the three quarters before Q3 2026 was $419 million (Q2 2026), $610 million (Q1 2026) and $1.43 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 170.99 Bn | 133.79 Bn | - | - |
| 2 | Southern Copper | 139.60 Bn | 114.41 Bn | 3.10 Bn | 1.71 Bn |
| 3 | Rio Tinto | 134.98 Bn | 102.04 Bn | - | - |
| 4 | Newmont | 124.45 Bn | 89.77 Bn | 4.22 Bn | 1.91 Bn |
| 5 | Ternium | 97.51 Bn | 70.28 Bn | 1.04 Bn | 1.01 Bn |
| 6 | Agnico Eagle Mines | 94.25 Bn | 81.20 Bn | 2.15 Bn | 2.66 Bn |
| 7 | Freeport-Mcmoran | 83.15 Bn | 79.30 Bn | 2.19 Bn | 944.00 Mn |
| 8 | Barrick Mining | 67.48 Bn | 52.23 Bn | 2.90 Bn | 515.00 Mn |
| 9 | Nucor | 55.75 Bn | 46.29 Bn | 2.03 Bn | 829.00 Mn |
| 10 | Pan American Silver | 17.08 Bn | 11.30 Bn | 373,000.00 | 497.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 497.00 Mn |
| Jun 30, 2026 | 419.00 Mn |
| Mar 31, 2026 | 610.00 Mn |
| Dec 31, 2025 | 1.43 Mn |
| Sep 30, 2025 | 91.10 Mn |
| Jun 30, 2025 | 60.29 Mn |
| Mar 31, 2025 | 68.18 Mn |
| Dec 31, 2024 | 809,000.00 |
| Sep 30, 2024 | 75.10 Mn |
| Jun 30, 2024 | 75.90 Mn |
| Mar 31, 2024 | 86.90 Mn |
| Dec 31, 2023 | 119.15 Mn |
| Sep 30, 2023 | 108.70 Mn |
| Jun 30, 2023 | 113.00 Mn |
| Mar 31, 2023 | 38.50 Mn |
| Dec 31, 2022 | 72.30 Mn |
| Sep 30, 2022 | 69.10 Mn |
| Jun 30, 2022 | 71.80 Mn |
| Mar 31, 2022 | 61.50 Mn |
| Dec 31, 2021 | 70.15 Mn |
API Access
Pan American Silver Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=PAAS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "PAAS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=PAAS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();