Pan American Silver (PAAS) Return on Capital Employed [ROCE] (2009 - 2026)
Pan American Silver (PAAS) posted Return on Capital Employed [ROCE] of 0.02% for the quarter ended Jun 30, 2026, unchanged from 0.02% a year earlier and unchanged from the prior quarter.
Powered by 
Analysis
Pan American Silver (PAAS) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Pan American Silver's Return on Capital Employed [ROCE] came in at 15.88%, up 7.72 percentage points from the prior year.
- Annual Return on Capital Employed [ROCE] has increased for three consecutive years, with a five-year change of +9.08 percentage points (years ended Dec 2020 to Dec 2025).
- In prior years, Pan American Silver's Return on Capital Employed [ROCE] was 8.16% in the year ended Dec 31, 2024 (+7.33 pp), 0.83% in the year ended Dec 31, 2023 (+9.56 pp), -8.74% in the year ended Dec 31, 2022 (-19.13 pp) and 10.39% in the year ended Dec 31, 2021 (+3.59 pp).
- The figure for the quarter ended Jun 30, 2026 stands as the highest quarterly Return on Capital Employed [ROCE] since the quarter ended Jun 30, 2024.
- On a year-over-year basis, Return on Capital Employed [ROCE] increased in two of the last eight quarters, with an average year-over-year change of -5.78 percentage points.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was the quarter ended Jun 30, 2024, with a gain of 15.25 percentage points; the weakest was the quarter ended Sep 30, 2022, with a drop of 15.26 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was 0.02% (quarter ended Mar 31, 2026), 0.01% (quarter ended Dec 31, 2025) and 0.02% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 193.68 Bn | 159.81 Bn | - | - |
| 2 | Southern Copper | 171.36 Bn | 150.22 Bn | 2.90 Bn | 42.99% |
| 3 | Newmont | 121.76 Bn | 89.94 Bn | 4.03 Bn | 9.92% |
| 4 | Ternium | 113.51 Bn | 78.56 Bn | 941.02 Mn | 7.19% |
| 5 | Freeport-Mcmoran | 103.45 Bn | 99.60 Bn | 2.19 Bn | 13.20% |
| 6 | Agnico Eagle Mines | 91.92 Bn | 91.92 Bn | 2.43 Bn | 42.05% |
| 7 | Barrick Mining | 67.42 Bn | 52.16 Bn | 2.90 Bn | 23.46% |
| 8 | Nucor | 54.54 Bn | 45.08 Bn | 2.03 Bn | 13.42% |
| 9 | ArcelorMittal | 49.09 Bn | 30.12 Bn | - | 3.51% |
| 10 | Pan American Silver | 19.20 Bn | 14.06 Bn | 457,000.00 | 0.02% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.02% |
| Mar 31, 2026 | 0.02% |
| Dec 31, 2025 | 0.01% |
| Sep 30, 2025 | 0.02% |
| Jun 30, 2025 | 0.02% |
| Mar 31, 2025 | 0.02% |
| Dec 31, 2024 | 0.01% |
| Sep 30, 2024 | 0.01% |
| Jun 30, 2024 | 13.27% |
| Mar 31, 2024 | 12.97% |
| Dec 31, 2023 | 9.13% |
| Sep 30, 2023 | 10.95% |
| Jun 30, 2023 | -1.98% |
| Dec 31, 2022 | -0.94% |
| Sep 30, 2022 | 0.03% |
| Jun 30, 2022 | 5.95% |
| Mar 31, 2022 | 9.25% |
| Dec 31, 2021 | 10.31% |
| Sep 30, 2021 | 15.29% |
| Jun 30, 2021 | 14.83% |
API Access
Pan American Silver Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=PAAS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=PAAS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();