Pan American Silver (PAAS) Net Margin (2009 - 2026)

Pan American Silver's Net Margin history runs 18 years deep, the most recent figure standing at 39.6% for Q1 2026.

• In Q1 2026, Net Margin rose 1774.0% year-over-year to 39.6%; the TTM figure through Mar 2026 stood at 31.69% (up 2126.0% YoY), while the FY2025 annual figure was 27.02%, up 2305.0% from the prior year.
• Net Margin was 39.6% for Q1 2026 at Pan American Silver, up from 38.34% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 39.6% in Q1 2026 to a low of 8001.25% in Q2 2023.
• Historically, Net Margin has averaged 462.12% across 5 years, with a median of 0.0% in 2022.
• The sharpest annual moves came in 2023 and 2024: Net Margin tumbled 800125 bps in 2023, then surged 799806 bps in 2024.
• A 5-year view of Net Margin shows it stood at 0.02% in 2022, then sank by 45879 bps to 10.6% in 2023, then soared by 225 bps to 13.25% in 2024, then surged by 189 bps to 38.34% in 2025, then rose by 3 bps to 39.6% in 2026.
• The last three Net Margin figures came in at 39.6% (Q1 2026), 38.34% (Q4 2025), and 19.78% (Q3 2025), per Business Quant data.