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 Q3 2026, up 0.01 percentage points from 0.01% a year earlier and unchanged from the prior quarter.
Pan American Silver (PAAS) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Pan American Silver's Return on Capital Employed [ROCE] came in at 16.11%, up 7.96 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has increased for three consecutive years, with a five-year change of +9.30 percentage points (FY2020 to FY2025).
- In prior years, Pan American Silver's Return on Capital Employed [ROCE] was 8.14% in FY2024 (+7.32 pp), 0.83% in FY2023 (+9.56 pp), -8.74% in FY2022 (-19.13 pp) and 10.39% in FY2021 (+3.59 pp).
- The Q3 2026 figure stands as the highest quarterly Return on Capital Employed [ROCE] since Q3 2022.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was 0.02% (Q2 2026), 0.02% (Q1 2026) and 0.01% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 170.99 Bn | 133.79 Bn | - | - |
| 2 | Southern Copper | 138.52 Bn | 113.25 Bn | 3.10 Bn | 45.35% |
| 3 | Rio Tinto | 135.90 Bn | 96.73 Bn | - | - |
| 4 | Newmont | 126.75 Bn | 91.89 Bn | 4.22 Bn | 10.69% |
| 5 | Ternium | 96.55 Bn | 64.81 Bn | 1.04 Bn | 7.47% |
| 6 | Agnico Eagle Mines | 96.18 Bn | 83.12 Bn | 2.15 Bn | 26.02% |
| 7 | Freeport-Mcmoran | 85.33 Bn | 69.37 Bn | 2.19 Bn | 13.20% |
| 8 | Barrick Mining | 69.13 Bn | 44.33 Bn | 2.90 Bn | 22.21% |
| 9 | Nucor | 55.83 Bn | 45.21 Bn | 2.03 Bn | 13.42% |
| 10 | Pan American Silver | 15.72 Bn | 9.93 Bn | 373,000.00 | 0.02% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.02% |
| Jun 30, 2026 | 0.02% |
| Mar 31, 2026 | 0.02% |
| Dec 31, 2025 | 0.01% |
| Sep 30, 2025 | 0.01% |
| Dec 31, 2024 | 0.01% |
| Dec 31, 2023 | 0.00% |
| Sep 30, 2023 | 0.00% |
| Dec 31, 2022 | 0.00% |
| Sep 30, 2022 | 1.08% |
| Dec 31, 2021 | 10.31% |
| Dec 31, 2020 | 6.98% |
| Dec 31, 2019 | 3.99% |
| Mar 31, 2019 | -0.47% |
| Dec 31, 2018 | 2.35% |
| Sep 30, 2018 | 10.04% |
| Jun 30, 2018 | 12.47% |
| Mar 31, 2018 | 11.59% |
| Dec 31, 2017 | 10.66% |
| Sep 30, 2017 | 8.19% |
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_KEY
import 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();