Pan American Silver (PAAS) Tax Rate (2009 - 2026)
Pan American Silver (PAAS) posted Tax Rate of 36.98% for Q2 2026, down 28.14% on a QoQ basis from 28.86% in Q1 2026, and down 1783.0% year-over-year from 2.2% in Q2 2025.
Powered by 
Analysis
Pan American Silver (PAAS) Tax Rate (2009 - 2026) Analysis & Trends
Pan American Silver has reported Tax Rate for 18 years, with the latest figure at 36.98% in Q2 2026.
- On a quarterly basis, Tax Rate fell 1783.0% year-over-year to 36.98% in Q2 2026; TTM through Jun 2026 was 27.83%, a 710.0% increase from a year earlier, with the FY2025 full-year figure at 20.84%, up 5300.0% from the prior year.
- Tax Rate was 36.98% for Q2 2026 at Pan American Silver, down from 28.86% in the prior quarter.
- The five-year high for Tax Rate was 41.25% in Q4 2023, with the low at 955.56% in Q1 2024.
- Average Tax Rate over 5 years is 117.03%, with a median of 26.02% recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Tax Rate slumped 92103 bps in 2024, then soared 93453 bps in 2025.
- Over 5 years, Tax Rate stood at 12.99% in 2022, then soared by 218 bps to 41.25% in 2023, then slumped by 227 bps to 52.21% in 2024, then jumped by 68 bps to 16.45% in 2025, then plunged by 125 bps to 36.98% in 2026.
- The last three Tax Rate figures came in at 36.98% (Q2 2026), 28.86% (Q1 2026), and 16.45% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Coeur Mining | 21.60 Bn | 20.55 Bn | 535.85 Mn | 43.35% |
| 2 | Pan American Silver | 20.16 Bn | 18.60 Bn | 457,000.00 | -36.98% |
| 3 | Hecla Mining | 13.94 Bn | 13.46 Bn | 332.52 Mn | 13.73% |
| 4 | First Majestic Silver | 10.14 Bn | 8.89 Bn | 223.62 Mn | 46.78% |
| 5 | Endeavour Silver | 3.15 Bn | 2.92 Bn | 74.00 Mn | 13.46% |
| 6 | Silvercorp Metals | 2.75 Bn | 2.37 Bn | 104.04 Mn | 15.12% |
| 7 | Americas Gold & Silver | 1.43 Bn | 1.34 Bn | 22.23 Mn | 3,246.31% |
| 8 | Vizsla Silver | 1.39 Bn | 1.39 Bn | - | - |
| 9 | New Pacific Metals | 1.05 Bn | 1.05 Bn | - | - |
| 10 | Santacruz Silver Mining | 935.33 Mn | 868.31 Mn | 51.14 Mn | -137.91% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -36.98% |
| Mar 31, 2026 | -28.86% |
| Dec 31, 2025 | -16.45% |
| Sep 30, 2025 | -32.08% |
| Jun 30, 2025 | -19.15% |
| Mar 31, 2025 | -21.03% |
| Dec 31, 2024 | -52.21% |
| Sep 30, 2024 | -56.21% |
| Jun 30, 2024 | -129.85% |
| Mar 31, 2024 | -955.56% |
| Dec 31, 2023 | 41.25% |
| Sep 30, 2023 | -748.57% |
| Jun 30, 2023 | -23.18% |
| Mar 31, 2023 | -34.52% |
| Dec 31, 2022 | 12.99% |
| Sep 30, 2022 | 2.74% |
| Jun 30, 2022 | 4.14% |
| Mar 31, 2022 | -12.93% |
| Dec 31, 2021 | -66.00% |
| Sep 30, 2021 | -71.36% |