Pan American Silver (PAAS) Tax Rate (2009 - 2026)
Pan American Silver (PAAS) posted quarterly Tax Rate of 28.86% for Q1 2026, down 783.0% year-over-year from 4.23% in Q1 2025, and down 75.44% on a QoQ basis from 16.45% in Q4 2025.
Pan American Silver (PAAS) Tax Rate (2009 - 2026) Analysis & Trends
Pan American Silver (PAAS) has reported Tax Rate for 18 consecutive years, with 28.86% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 783.0% year-over-year to 28.86%; the TTM figure through Mar 2026 stood at 23.94% (up 2736.0% YoY), while the FY2025 annual figure was 20.84%, down 5300.0% from the prior year.
- Tax Rate came in at 28.86% for Q1 2026 at Pan American Silver, down from 16.45% in the prior quarter.
- The five-year high for Tax Rate was 922.69% in Q2 2023, with the low at 955.56% in Q1 2024.
- Average Tax Rate over 5 years is 53.24%, with a median of 21.03% recorded in 2025.
- Across the five-year window, Tax Rate plunged 105254 bps in 2024 and surged 93453 bps in 2025, its largest moves.
- Year by year, Tax Rate stood at 12.34% in 2022, then surged by 234 bps to 41.25% in 2023, then plunged by 227 bps to 52.21% in 2024, then soared by 68 bps to 16.45% in 2025, then plunged by 75 bps to 28.86% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 28.86%, 16.45%, and 32.08% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | -22.87% |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | 85.30% |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 30.63% |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | -16.06% |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | 14.49% |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | -4.28% |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | 21.40% |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | -35.21% |
| 10 | Pan American Silver | 18.70 Bn | 17.09 Bn | 608,000.00 | -28.86% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -28.86% |
| Mar 31, 2026 | -28.86% |
| Dec 31, 2025 | -16.45% |
| Dec 31, 2025 | -16.45% |
| Sep 30, 2025 | -32.08% |
| Sep 30, 2025 | -32.08% |
| Jun 30, 2025 | -19.11% |
| Jun 30, 2025 | -19.11% |
| Mar 31, 2025 | -21.03% |
| Mar 31, 2025 | -21.03% |
| Dec 31, 2024 | -52.21% |
| Dec 31, 2024 | -52.21% |
| Sep 30, 2024 | -56.21% |
| Sep 30, 2024 | -56.21% |
| Jun 30, 2024 | -129.85% |
| Jun 30, 2024 | -129.85% |
| Mar 31, 2024 | -955.56% |
| Mar 31, 2024 | -955.56% |
| Dec 31, 2023 | 41.25% |
| Dec 31, 2023 | 41.25% |