Pan American Silver annual capital expenditures (capex)
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Pan American Silver Capital Expenditures (CapEx) Growth & History (PAAS)
Pan American Silver's capital expenditures (capex) was $314.0M for fiscal 2025.
View full Pan American Silver company overviewPan American Silver annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $314.0M | −$9.0M | −2.79% |
| 2024 | 2024-12-31 | $323.0M | −$56.0M | −14.78% |
| 2023 | 2023-12-31 | $379.0M | $104.3M | +37.97% |
| 2022 | 2022-12-31 | $274.7M | $31.2M | +12.82% |
| 2021 | 2021-12-31 | $243.5M | $64.9M | +36.36% |
| 2020 | 2020-12-31 | $178.6M | −$27.3M | −13.24% |
| 2019 | 2019-12-31 | $205.8M | $61.5M | +42.58% |
| 2018 | 2018-12-31 | $144.3M | $2.1M | +1.49% |
| 2017 | 2017-12-31 | $142.2M | −$60.4M | −29.82% |
| 2016 | 2016-12-31 | $202.7M | — | — |
Pan American Silver quarterly capital expenditures (capex)
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $99.0M | $39.0M | +65.00% |
| Q1 2026 | 2026-03-31 | $105.0M | $37.0M | +54.41% |
| Q4 2025 | 2025-12-31 | $94.5M | — | — |
| Q3 2025 | 2025-09-30 | $91.1M | — | — |
| Q2 2025 | 2025-06-30 | $60.0M | — | — |
| Q1 2025 | 2025-03-31 | $68.0M | — | — |
Pan American Silver capital expenditures (capex) trends
Over the last five fiscal years, Pan American Silver's capital expenditures (capex) increased from $178.6M to $314.0M, a change of $135.4M. The latest reported quarter, Q2 2026, shows $99.0M.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Pan American Silver source filings ↗