Pan American Silver Corp (PAAS) — Capital Reinvestment Ratio
Pan American Silver Corp (PAAS) has a Capital Reinvestment Ratio of 0.21x as of March 2026, meaning it reinvests 0% of its operating cash flow (CA$505.00 Million) in capital expenditures (CA$105.00 Million). Check Pan American Silver Corp tangible book value ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Pan American Silver Corp Capital Reinvestment Ratio (1997–2025)
This chart tracks Pan American Silver Corp's Capital Reinvestment Ratio across 24 annual periods. For the full cash flow conversion analysis, see Pan American Silver Corp operating cash flow efficiency.
Annual Capital Reinvestment Ratio for Pan American Silver Corp (1997–2025)
Year-by-year Capital Reinvestment Ratio for Pan American Silver Corp from 1997 to 2025. See Pan American Silver Corp (PAAS) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.23x | CA$1.40 Billion | CA$319.50 Million | ▼ -48.9% |
| 2024 | 0.45x | CA$724.10 Million | CA$323.30 Million | ▼ -47.0% |
| 2023 | 0.84x | CA$450.20 Million | CA$379.00 Million | ▼ -90.2% |
| 2022 | 8.61x | CA$31.91 Million | CA$274.69 Million | ▲ +1286.3% |
| 2021 | 0.62x | CA$392.11 Million | CA$243.48 Million | ▲ +60.8% |
| 2020 | 0.39x | CA$462.31 Million | CA$178.56 Million | ▼ -47.5% |
| 2019 | 0.74x | CA$282.03 Million | CA$207.35 Million | ▼ -25.0% |
| 2018 | 0.98x | CA$154.98 Million | CA$151.85 Million | ▲ +35.4% |
| 2017 | 0.72x | CA$224.56 Million | CA$162.45 Million | ▼ -23.3% |
| 2016 | 0.94x | CA$214.80 Million | CA$202.66 Million | ▼ -43.0% |
| 2015 | 1.65x | CA$88.69 Million | CA$146.74 Million | ▲ +55.9% |
| 2014 | 1.06x | CA$124.19 Million | CA$131.76 Million | ▼ -20.4% |
| 2013 | 1.33x | CA$119.61 Million | CA$159.40 Million | ▲ +61.1% |
| 2012 | 0.83x | CA$193.31 Million | CA$159.91 Million | ▲ +143.2% |
| 2011 | 0.34x | CA$359.45 Million | CA$122.28 Million | ▼ -1.1% |
| 2010 | 0.34x | CA$242.26 Million | CA$83.37 Million | ▼ -24.3% |
| 2009 | 0.45x | CA$115.97 Million | CA$52.75 Million | ▼ -82.7% |
| 2008 | 2.62x | CA$92.98 Million | CA$243.80 Million | ▲ +50.7% |
| 2007 | 1.74x | CA$67.36 Million | CA$117.17 Million | ▲ +18.2% |
| 2006 | 1.47x | CA$65.90 Million | CA$97.00 Million | ▼ -73.4% |
| 2005 | 5.54x | CA$10.76 Million | CA$59.64 Million | ▲ +1.9% |
| 2004 | 5.44x | CA$3.13 Million | CA$17.04 Million | ▼ -82.3% |
| 2000 | 30.72x | CA$615.00K | CA$18.89 Million | ▲ +312.7% |
| 1997 | 7.44x | CA$1.89 Million | CA$14.06 Million | — |