Pan American Silver Corp. (PAAS)

From the record

Pan American Silver Corp.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Pan American Silver Corp.'s 10 filed years say what it did: revenue went from $775 million in fiscal 2016 to $3.6 billion in fiscal 2025, up 18.7% a year; it rose in 6 of 9 years; the deepest fall was 8% from fiscal 2021 to fiscal 2022; net income was positive in 8 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Pan American Silver Corp.'s diluted share count grew about 21.9% a year, and dividends and buybacks returned about 21% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Pan American Silver Corp. earned about 14 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 14 cents per dollar of everything the company owns. Leverage: it owed about 28 cents per dollar of assets, and net share issuance: its share count grew 5.0% over the year (the filed statements).

From the record

Pan American Silver Corp.'s standing among 44 graded names in its industry family: revenue of $3.6 billion in fiscal 2025 ranks in the top 18% by size; a net margin of 27.1% ranks in the top 34%; revenue growth of 34.3% a year over the last 3 filed years ranks in the top 24% (its annual reports).

From the record

Pan American Silver Corp.'s room to grow, from the newest filed statements (fiscal 2025): cash of $1.2 billion against debt of $714 million leaves 5.1% of its assets as net cash, bottom 30% of its family; cash from operations less capital spending is 28.2% of revenue (top 46%); a gross margin of 38.8% (bottom 34%) (its annual report).

From the record

Pan American Silver Corp.'s growth drivers, from the filed years to fiscal 2025: revenue grew 34.3% a year over the last three filed years against 18.7% over all 10, speeding up (top 19% of its family); the newest year grew 28.4% (bottom 39%); capital spending grew 4.6% a year (bottom 43%) (its annual reports). Pan American Silver Corp. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

Pan American Silver Corp.'s newest year against its own record: revenue of $3.6 billion in fiscal 2025 came in 6.5% below the $3.9 billion its prior three years' pace pointed to (bottom 12% of its family); net income of $980 million against a prior three-year average of $111 million (top 12%); a net margin of 27.1% against -7.8% before (top 22%) (its annual reports).