Pan American Silver (PAAS) Market Capitalization (2009 - 2026)
Pan American Silver (PAAS) reported Market Capitalization of $18.89 billion for the quarter ended Jun 30, 2026, up 83.3% from $10.31 billion a year earlier but down 18.0% from the prior quarter.
Powered by 
Analysis
Pan American Silver (PAAS) Market Capitalization (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Pan American Silver posted Market Capitalization of $21.86 billion, up 197.7% from the prior year.
- Market Capitalization has increased for three consecutive years, with a five-year compound annual growth rate of 24.7% (years ended Dec 2020 to Dec 2025).
- By year, Market Capitalization came in at $7.34 billion in the year ended Dec 31, 2024 (+23.3%), $5.95 billion in the year ended Dec 31, 2023 (+73.0%), $3.44 billion in the year ended Dec 31, 2022 (-34.5%) and $5.26 billion in the year ended Dec 31, 2021 (-27.6%).
- Five-year quarterly Market Capitalization spans a low of $3.05 billion in the quarter ended Sep 30, 2023 and a high of $23.05 billion in the quarter ended Mar 31, 2026.
- Year over year, Market Capitalization has now increased in each of the last 11 quarters, with growth averaging 99.6% over the last eight quarters.
- The high point for year-over-year Market Capitalization in five years was the quarter ended Dec 31, 2025 (growth of 197.7%); the low point was the quarter ended Dec 31, 2022 (a decline of 34.5%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $23.05 billion (quarter ended Mar 31, 2026), $21.86 billion (quarter ended Dec 31, 2025) and $14.06 billion (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - |
| 10 | Pan American Silver | 19.20 Bn | 14.05 Bn | 457,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.89 Bn |
| Mar 31, 2026 | 23.05 Bn |
| Dec 31, 2025 | 21.86 Bn |
| Sep 30, 2025 | 14.06 Bn |
| Jun 30, 2025 | 10.31 Bn |
| Mar 31, 2025 | 9.38 Bn |
| Dec 31, 2024 | 7.34 Bn |
| Sep 30, 2024 | 7.61 Bn |
| Jun 30, 2024 | 7.25 Bn |
| Mar 31, 2024 | 5.50 Bn |
| Dec 31, 2023 | 5.95 Bn |
| Sep 30, 2023 | 3.05 Bn |
| Jun 30, 2023 | 3.07 Bn |
| Mar 31, 2023 | 3.83 Bn |
| Dec 31, 2022 | 3.44 Bn |
| Sep 30, 2022 | 3.34 Bn |
| Jun 30, 2022 | 4.14 Bn |
| Mar 31, 2022 | 5.75 Bn |
| Dec 31, 2021 | 5.26 Bn |
| Sep 30, 2021 | 4.89 Bn |
API Access
Pan American Silver Market Capitalization 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=market-capitalization&ticker=PAAS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "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=market-capitalization&ticker=PAAS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();