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% quarter-over-quarter from 16.45% in Q4 2025.
Pan American Silver (PAAS) Tax Rate (2009 - 2026) Analysis & Trends
Pan American Silver's Tax Rate history runs 18 years deep, the most recent figure standing at 28.86% for 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 26398.0% from the prior year.
- Tax Rate for Q1 2026 stood at 28.86%, down from 16.45% in the prior quarter.
- The five-year high for Tax Rate was 110.97% in Q1 2024, with the low at 748.57% in Q3 2023.
- The 5-year median for Tax Rate is 21.03% (2025), against an average of 59.04%.
- The sharpest annual moves came in 2023 and 2024: Tax Rate plunged 75131 bps in 2023, then jumped 69236 bps in 2024.
- Pan American Silver's Tax Rate stood at 25.52% in 2022, then grew by 10 bps to 27.97% in 2023, then slumped by 287 bps to 52.21% in 2024, then surged by 68 bps to 16.45% in 2025, then slumped by 75 bps to 28.86% in 2026.
- Business Quant data shows PAAS's Tax Rate at 28.86% in Q1 2026, 16.45% in Q4 2025, and 32.08% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 136.03 Bn | 127.02 Bn | 4.03 Bn | 31.74% |
| 2 | Agnico Eagle Mines | 106.09 Bn | 102.63 Bn | 2.43 Bn | 31.10% |
| 3 | Barrick Mining | 77.15 Bn | 71.23 Bn | 2.90 Bn | 27.90% |
| 4 | Wheaton Precious Metals | 68.18 Bn | 68.08 Bn | 687.86 Mn | 15.78% |
| 5 | AngloGold Ashanti | 58.68 Bn | 55.85 Bn | 1.70 Bn | -28.19% |
| 6 | Gold Fields | 40.68 Bn | 38.90 Bn | - | - |
| 7 | Pan American Silver | 21.86 Bn | 20.29 Bn | 457,000.00 | -36.98% |
| 8 | Coeur Mining | 21.72 Bn | 20.67 Bn | 535.85 Mn | 43.35% |
| 9 | Royal Gold | 21.39 Bn | 21.20 Bn | 390.45 Mn | 19.69% |
| 10 | Alamos Gold | 15.41 Bn | 14.78 Bn | - | -17.24% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -28.86% |
| Mar 31, 2026 | -28.86% |
| Mar 31, 2026 | -28.86% |
| Dec 31, 2025 | -16.45% |
| Dec 31, 2025 | -16.45% |
| Dec 31, 2025 | -16.45% |
| Sep 30, 2025 | -32.08% |
| Sep 30, 2025 | -32.08% |
| Sep 30, 2025 | -32.08% |
| Jun 30, 2025 | -19.11% |
| Jun 30, 2025 | -19.11% |
| Jun 30, 2025 | -19.11% |
| Mar 31, 2025 | -21.03% |
| Mar 31, 2025 | -21.03% |
| Mar 31, 2025 | -21.03% |
| Dec 31, 2024 | -52.21% |
| Dec 31, 2024 | -52.21% |
| Dec 31, 2024 | -52.21% |
| Sep 30, 2024 | -56.21% |
| Sep 30, 2024 | -56.21% |