Pan American Silver annual return on equity
2017
2018
2019
2020
2021
2022
2023
2024
2025
Pan American Silver Return on Equity (ROE) Growth & History (PAAS)
Pan American Silver's return on equity was 16.75% for fiscal 2025.
View full Pan American Silver company overviewPan American Silver annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 16.75% | +14.36 pp |
| 2024 | 2024-12-31 | 2.39% | +5.40 pp |
| 2023 | 2023-12-31 | −3.02% | +11.08 pp |
| 2022 | 2022-12-31 | −14.09% | −17.86 pp |
| 2021 | 2021-12-31 | 3.77% | −3.20 pp |
| 2020 | 2020-12-31 | 6.97% | +1.36 pp |
| 2019 | 2019-12-31 | 5.60% | +4.81 pp |
| 2018 | 2018-12-31 | 0.80% | −7.68 pp |
| 2017 | 2017-12-31 | 8.48% | — |
Pan American Silver quarterly return on equity
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 4.13% | +0.27 pp |
| Q1 2026 | 2026-03-31 | 6.37% | +2.82 pp |
| Q4 2025 | 2025-12-31 | 6.63% | — |
| Q3 2025 | 2025-09-30 | 2.91% | — |
| Q2 2025 | 2025-06-30 | 3.87% | — |
| Q1 2025 | 2025-03-31 | 3.55% | — |
Pan American Silver return on equity trends
Over the last five fiscal years, Pan American Silver's return on equity increased from 6.97% to 16.75%, a change of +9.78 percentage points. The latest reported quarter, Q2 2026, shows 4.13%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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