Pan American Silver (PAAS) Tax Rate (2011 - 2020)
Pan American Silver (PAAS) reported Tax Rate of -36.98% for the quarter ended Jun 30, 2026, down 17.83 percentage points from -19.15% a year earlier and down 8.12 percentage points from the prior quarter.
Pan American Silver (PAAS) Tax Rate (2011 - 2020) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Pan American Silver's Tax Rate came in at -27.83%, up 7.10 percentage points year-over-year; for the year ended Dec 31, 2025, it was -0.02%, up 0.05 percentage points from the prior year.
- Tax Rate has a five-year change of -17.78 percentage points (years ended Dec 2020 to Dec 2025).
- By year, Tax Rate came in at -0.07% in the year ended Dec 31, 2024 (-78.48 pp), 78.40% in the year ended Dec 31, 2023 (+65.41 pp), 12.99% in the year ended Dec 31, 2022 (+72.76 pp) and -59.77% in the year ended Dec 31, 2021 (-77.53 pp).
- The figure for the quarter ended Jun 30, 2026 ranks as the lowest quarterly Tax Rate since the quarter ended Dec 31, 2024.
- Year over year, Tax Rate gained in five of the last eight quarters, with an average year-over-year change of +209.79 percentage points.
- The high point for year-over-year Tax Rate in five years was the quarter ended Mar 31, 2025 (a gain of 934.53 percentage points); the low point was the quarter ended Mar 31, 2024 (a drop of 921.03 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at -28.86% (quarter ended Mar 31, 2026), -16.45% (quarter ended Dec 31, 2025) and -32.08% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | - |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 31.74% |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | - |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 28.19% |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | 31.10% |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | - |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 21.23% |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | - |
| 10 | Pan American Silver | 19.20 Bn | 14.05 Bn | 457,000.00 | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2020 | 61.66% |
| Jun 30, 2020 | 11.47% |
| Dec 31, 2019 | 62.26% |
| Jun 30, 2019 | 17.02% |
| Mar 31, 2019 | 60.88% |
| Sep 30, 2018 | 14.96% |
| Jun 30, 2018 | 20.68% |
| Mar 31, 2018 | 27.31% |
| Dec 31, 2017 | 70.75% |
| Sep 30, 2017 | 18.06% |
| Jun 30, 2017 | 21.78% |
| Mar 31, 2017 | 18.74% |
| Jun 30, 2016 | 23.37% |
| Jun 30, 2015 | 6.55% |
| Sep 30, 2014 | 10.36% |
| Mar 31, 2014 | 16.41% |
| Mar 31, 2013 | 35.77% |
| Dec 31, 2012 | 32.87% |
| Dec 31, 2011 | 19.30% |
Pan American Silver Tax Rate 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=tax-rate&ticker=PAAS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=PAAS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();