Pan American Silver (PAASF) EBITDA Margin (2009 - 2026)

Pan American Silver (PAASF) posted quarterly EBITDA Margin of 55.72% for Q1 2026, up 3382.0% year-over-year from 1.6% in Q1 2025, and up 45.98% on a QoQ basis from 38.17% in Q4 2025.

Pan American Silver (PAASF) EBITDA Margin (2009 - 2026) Analysis & Trends

Pan American Silver (PAASF) has reported EBITDA Margin for 18 consecutive years, with 55.72% the latest figure, recorded in Q1 2026.

  • In Q1 2026, EBITDA Margin rose 3382.0% year-over-year to 55.72%; the TTM figure through Mar 2026 stood at 36.31% (up 2588.0% YoY), while the FY2025 annual figure was 34.07%, up 1523.0% from the prior year.
  • EBITDA Margin came in at 55.72% for Q1 2026 at Pan American Silver, up from 38.17% in the prior quarter.
  • The five-year high for EBITDA Margin was 55.72% in Q1 2026, with the low at 10.57% in Q4 2023.
  • Average EBITDA Margin over 5 years is 8.76%, with a median of 0.0% recorded in 2022.
  • Across the five-year window, EBITDA Margin sank 1864 bps in 2022 and soared 3382 bps in 2026, its largest moves.
  • Year by year, EBITDA Margin stood at 0.0% in 2022, then slumped by 25657839 bps to 10.57% in 2023, then soared by 224 bps to 13.13% in 2024, then soared by 191 bps to 38.17% in 2025, then soared by 46 bps to 55.72% in 2026.
  • According to Business Quant data, EBITDA Margin over the past three periods registered 55.72%, 38.17%, and 19.85% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Barrick Mining 978.09 Bn 980.39 Bn 3.12 Bn 58.20%
2 Trx Gold 189.48 Bn 189.48 Bn 21.05 Mn -40.43%
3 Newmont 101.22 Bn 92.61 Bn 7.29 Bn 60.86%
4 OR Royalties 53.18 Bn 53.08 Bn 88.84 Mn 94.75%
5 Wheaton Precious Metals 50.59 Bn 48.43 Bn 699.37 Mn 83.38%
6 Aura Minerals 50.25 Bn 50.25 Bn 19.58 Mn 67.78%
7 Franco Nevada 40.21 Bn 39.50 Bn 526.30 Mn 84.59%
8 Gold Fields 30.19 Bn 28.41 Bn - -
9 Kinross Gold 28.01 Bn 25.95 Bn 1.44 Bn 55.58%
10 Pan American Silver - - 608,000.00 55.72%

Historic Data

Download Data
DateValue
Mar 31, 2026 55.72%
Dec 31, 2025 38.17%
Sep 30, 2025 19.85%
Jun 30, 2025 23.38%
Mar 31, 2025 21.90%
Dec 31, 2024 13.13%
Sep 30, 2024 7.97%
Jun 30, 2024 -3.10%
Mar 31, 2024 -5.15%
Dec 31, 2023 -10.57%
Sep 30, 2023 -4.25%
Jun 30, 2023 -8.10%
Mar 31, 2023 0.03%
Dec 31, 2022 -41.21%
Sep 30, 2022 0.00%
Jun 30, 2022 -54.57%
Mar 31, 2022 0.00%
Dec 31, 2021 3.47%
Sep 30, 2021 4.39%
Jun 30, 2021 18.64%