Pan American Silver PAAS
NYSE PAAS
$50.67 -2.24 (-4.22%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Pan American Silver (PAAS) posted Operating Margin of 44.22% for Q2 2026, up 79256.94% on a QoQ basis from 0.06% in Q1 2026, and up 4419.0% year-over-year from 0.98% in Q2 2025.

Analysis

Pan American Silver (PAAS) Operating Margin (2009 - 2026) Analysis & Trends

Pan American Silver has reported Operating Margin for 18 years, with the latest figure at 44.22% in Q2 2026.

  • On a quarterly basis, Operating Margin rose 4419.0% year-over-year to 44.22% in Q2 2026; TTM through Jun 2026 was 0.06%, a 3.0% increase from a year earlier, with the FY2025 full-year figure at 34.07%, up 1523.0% from the prior year.
  • Operating Margin was 44.22% for Q2 2026 at Pan American Silver, up from 0.06% in the prior quarter.
  • The five-year high for Operating Margin was 44.22% in Q2 2026, with the low at 549.29% in Q4 2023.
  • Average Operating Margin over 5 years is 28.05%, with a median of 0.02% recorded in 2022.
  • The sharpest annual moves came in 2023 and 2024: Operating Margin sank 54929 bps in 2023, then soared 54932 bps in 2024.
  • Over 5 years, Operating Margin stood at 0.0% in 2022, then sank by 50680646 bps to 549.29% in 2023, then jumped by 100 bps to 0.03% in 2024, then soared by 39 bps to 0.04% in 2025, then jumped by 101720 bps to 44.22% in 2026.
  • The last three Operating Margin figures came in at 44.22% (Q2 2026), 0.06% (Q1 2026), and 0.04% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Coeur Mining 20.88 Bn 19.83 Bn 535.85 Mn 19.94%
2 Pan American Silver 19.31 Bn 17.74 Bn 457,000.00 44.22%
3 Hecla Mining 13.39 Bn 12.90 Bn 332.52 Mn 43.64%
4 First Majestic Silver 9.65 Bn 8.40 Bn 223.62 Mn 47.54%
5 Endeavour Silver 2.98 Bn 2.74 Bn 74.00 Mn 30.50%
6 Silvercorp Metals 2.65 Bn 2.27 Bn 104.04 Mn 61.12%
7 Americas Gold & Silver 1.36 Bn 1.27 Bn 22.23 Mn 67.53%
8 Vizsla Silver 1.36 Bn 1.36 Bn - -
9 New Pacific Metals 1.00 Bn 1.00 Bn - -
10 Santacruz Silver Mining 867.95 Mn 800.93 Mn 51.14 Mn 70.07%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 44.22%
Mar 31, 2026 0.06%
Dec 31, 2025 0.04%
Sep 30, 2025 0.03%
Jun 30, 2025 0.03%
Mar 31, 2025 0.03%
Dec 31, 2024 0.03%
Sep 30, 2024 0.02%
Jun 30, 2024 0.01%
Mar 31, 2024 0.01%
Dec 31, 2023 -549.29%
Sep 30, 2023 0.01%
Jun 30, 2023 0.00%
Mar 31, 2023 0.01%
Dec 31, 2022 0.00%
Sep 30, 2022 -0.02%
Jun 30, 2022 -0.05%
Mar 31, 2022 0.02%
Dec 31, 2021 12.48%
Sep 30, 2021 21.97%