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 | 167.04 Bn | 136.08 Bn | - | - |
| 2 | Southern Copper | 146.98 Bn | 125.77 Bn | 2.90 Bn | - |
| 3 | Rio Tinto | 132.61 Bn | 93.11 Bn | - | - |
| 4 | Newmont | 110.97 Bn | 76.12 Bn | 4.22 Bn | 26.14% |
| 5 | Freeport-Mcmoran | 89.32 Bn | 89.32 Bn | - | - |
| 6 | Agnico Eagle Mines | 82.42 Bn | 69.36 Bn | 2.15 Bn | 31.40% |
| 7 | Barrick Mining | 62.61 Bn | 37.81 Bn | 2.90 Bn | 27.90% |
| 8 | Nucor | 61.81 Bn | 61.81 Bn | - | - |
| 9 | ArcelorMittal | 45.43 Bn | 24.45 Bn | - | - |
| 10 | Pan American Silver | 14.34 Bn | 9.19 Bn | 457,000.00 | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2020 | 5.97% |
| Jun 30, 2020 | 37.48% |
| Dec 31, 2019 | 46.91% |
| Jun 30, 2019 | 65.94% |
| Mar 31, 2019 | 134.73% |
| Jun 30, 2018 | 33.09% |
| Mar 31, 2018 | 33.17% |
| Sep 30, 2017 | 44.54% |
| Jun 30, 2017 | 30.93% |
| Mar 31, 2017 | 43.03% |
| Jun 30, 2016 | 32.27% |
| Mar 31, 2014 | 59.59% |
| Mar 31, 2013 | 69.87% |
| 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_KEY
import 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();