Pan American Silver (PAAS) Revenue & Revenue Breakdown


OverviewForecastOwnershipFinancialsChartTranscripts

Pan American Silver Revenue Highlights


Latest Revenue (Y)

$2.32B

Latest Revenue (Q)

$601.40M

Main Segment (Y)

Refined Silver and Gold

Main Geography (Y)

Refined Silver and Gold

Pan American Silver Revenue by Period


Pan American Silver Revenue by Year

DateRevenueChange
2023-12-31$2.32B54.95%
2022-12-31$1.49B-8.45%
2021-12-31$1.63B21.96%
2020-12-31$1.34B-0.88%
2019-12-31$1.35B72.18%
2018-12-31$784.50M-3.96%
2017-12-31$816.83M5.43%
2016-12-31$774.77M14.83%
2015-12-31$674.69M-10.27%
2014-12-31$751.94M-8.80%
2013-12-31$824.50M-11.21%
2012-12-31$928.59M8.57%
2011-12-31$855.27M35.33%
2010-12-31$631.99M38.96%
2009-12-31$454.81M34.32%
2008-12-31$338.60M12.47%
2007-12-31$301.06M17.86%
2006-12-31$255.45M108.70%
2005-12-31$122.40M-86.82%
2004-12-31$928.90M1958.59%
2003-12-31$45.12M0.07%
2002-12-31$45.09M20.91%
2001-12-31$37.30M24.61%
2000-12-31$29.93M11.32%
1999-12-31$26.89M-10.87%
1998-12-31$30.17M8.64%
1997-12-31$27.77M0.68%
1996-12-31$27.58M344.89%
1995-12-31$6.20M-

Pan American Silver generated $2.32B in revenue during NA 2023, up 54.95% compared to the previous quarter, and up 295.23% compared to the same period a year ago.

Pan American Silver Revenue by Quarter

DateRevenueChange
2024-03-31$601.40M-10.19%
2023-12-31$669.60M8.65%
2023-09-30$616.30M-3.69%
2023-06-30$639.90M63.95%
2023-03-31$390.30M3.95%
2022-12-31$375.47M10.79%
2022-09-30$338.89M-0.46%
2022-06-30$340.47M-22.60%
2022-03-31$439.89M4.20%
2021-12-31$422.17M-8.29%
2021-09-30$460.35M20.47%
2021-06-30$382.13M3.81%
2021-03-31$368.10M-14.49%
2020-12-31$430.46M43.29%
2020-09-30$300.41M20.40%
2020-06-30$249.51M-30.39%
2020-03-31$358.43M-11.36%
2019-12-31$404.38M14.82%
2019-09-30$352.19M24.47%
2019-06-30$282.95M21.62%
2019-03-31$232.64M34.20%
2018-12-31$173.36M-7.65%
2018-09-30$187.72M-13.28%
2018-06-30$216.46M4.59%
2018-03-31$206.96M-8.44%
2017-12-31$226.03M18.47%
2017-09-30$190.79M-5.23%
2017-06-30$201.32M1.32%
2017-03-31$198.69M4.25%
2016-12-31$190.60M-18.43%
2016-09-30$233.65M21.53%
2016-06-30$192.26M21.47%
2016-03-31$158.28M-2.87%
2015-12-31$162.96M2.22%
2015-09-30$159.41M-8.48%
2015-06-30$174.19M-2.21%
2015-03-31$178.13M9.21%
2014-12-31$163.10M-8.51%
2014-09-30$178.26M-11.24%
2014-06-30$200.85M-4.24%
2014-03-31$209.73M9.03%
2013-12-31$192.36M-9.93%
2013-09-30$213.56M21.63%
2013-06-30$175.58M-27.75%
2013-03-31$243.01M-1.75%
2012-12-31$247.34M-1.79%
2012-09-30$251.84M25.55%
2012-06-30$200.60M-12.33%
2012-03-31$228.82M7.75%
2011-12-31$212.36M-3.72%
2011-09-30$220.57M-4.87%
2011-06-30$231.87M21.73%
2011-03-31$190.48M-0.32%
2010-12-31$191.10M18.50%
2010-09-30$161.26M9.52%
2010-06-30$147.25M11.24%
2010-03-31$132.38M-14.27%
2009-12-31$154.41M30.18%
2009-09-30$118.61M6.48%
2009-06-30$111.39M58.21%
2009-03-31$70.41M52.14%
2008-12-31$46.28M-41.78%
2008-09-30$79.49M-23.62%
2008-06-30$104.08M-4.30%
2008-03-31$108.75M26.62%
2007-12-31$85.89M-2.30%
2007-09-30$87.91M-

Pan American Silver generated $601.40M in revenue during Q1 2024, up -10.19% compared to the previous quarter, and up 160.17% compared to the same period a year ago.

Pan American Silver Revenue Breakdown


Pan American Silver Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 20Dec 19Dec 18
Copper Concentrate$50.08M$78.86M$86.60M
Lead Concentrate$132.82M$183.34M$150.83M
Refined Silver and Gold$1.05B$894.20M$348.72M
Silver Concentrate$43.27M$59.36M$42.94M
Zinc Concentrate$65.03M$134.99M$155.41M

Pan American Silver's latest annual revenue breakdown by segment (product or service), as of Dec 20: Refined Silver and Gold (78.25%), Lead Concentrate (9.92%), Zinc Concentrate (4.86%), Copper Concentrate (3.74%), and Silver Concentrate (3.23%).

Pan American Silver Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 20Dec 19Dec 18
Copper Concentrate$50.08M$78.86M$86.60M
Zinc Concentrate$65.03M$134.99M$155.41M
Silver Concentrate$43.27M$59.36M$42.94M
Refined Silver and Gold$1.05B$894.20M$348.72M
Lead Concentrate$132.82M$183.34M$150.83M

Pan American Silver's latest annual revenue breakdown by geography, as of Dec 20: Refined Silver and Gold (78.25%), Lead Concentrate (9.92%), Zinc Concentrate (4.86%), Copper Concentrate (3.74%), and Silver Concentrate (3.23%).

Pan American Silver Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
HMYHarmony Gold Mining Company$49.27B$1.70B
NEMNewmont$11.81B$4.40B
GOLDBarrick Gold$11.59B$2.75B
AEMAgnico Eagle Mines$6.75B$1.82B
AUAngloGold Ashanti$4.58B$2.40B
GFIGold Fields$4.50B$2.26B
KGCKinross Gold$4.32B$1.08B
PAASPan American Silver$2.32B$601.40M
FNVFranco-Nevada$1.24B$255.25M
WPMWheaton Precious Metals$1.03B$295.48M
EGOEldorado Gold$1.03B$254.92M
IAGIAMGOLD$1.01B$337.39M
RGLDRoyal Gold$605.72M$152.67M
SANDSandstorm Gold$182.93M$42.61M

PAAS Revenue FAQ


Pan American Silver's yearly revenue for 2023 was $2.32B, representing an increase of 54.95% compared to 2022. The company's yearly revenue for 2022 was $1.49B, representing a decrease of -8.45% compared to 2021. PAAS's yearly revenue for 2021 was $1.63B, representing an increase of 21.96% compared to 2020.

Pan American Silver's quarterly revenue for Q1 2024 was $601.4M, a -10.19% decrease from the previous quarter (Q4 2023), and a 54.09% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $669.6M, a 8.65% increase from the previous quarter (Q3 2023), and a 78.34% increase year-over-year (Q4 2022). PAAS's quarterly revenue for Q3 2023 was $616.3M, a -3.69% decrease from the previous quarter (Q2 2023), and a 81.86% increase year-over-year (Q3 2022).

Pan American Silver's revenue growth rate for the last 3 years (2021-2023) was 41.85%, and for the last 5 years (2019-2023) was 71.47%.

Pan American Silver's revenue streams in c 20 are Copper Concentrate, Lead Concentrate, Refined Silver and Gold, Silver Concentrate, and Zinc Concentrate. Copper Concentrate generated $50.08M in revenue, accounting 3.74% of the company's total revenue, down -36.50% year-over-year. Lead Concentrate generated $132.82M in revenue, accounting 9.92% of the company's total revenue, down -27.55% year-over-year. Refined Silver and Gold generated $1.05B in revenue, accounting 78.25% of the company's total revenue, up 17.15% year-over-year. Silver Concentrate generated $43.27M in revenue, accounting 3.23% of the company's total revenue, down -27.10% year-over-year. Zinc Concentrate generated $65.03M in revenue, accounting 4.86% of the company's total revenue, down -51.82% year-over-year.

For the fiscal year ending Dec 20, the largest source of revenue of Pan American Silver was Refined Silver and Gold. This segment made a revenue of $1.05B, representing 78.25% of the company's total revenue.