Pan American Silver Corp (PAAS) — Cash Flow Reinvestment Rate

Latest as of December 2025: 0.20x

Pan American Silver Corp (PAAS) has a Cash Flow Reinvestment Rate of 0.20x as of December 2025, reinvesting CA$122.70 Million (capex CA$96.00 Million plus investments CA$-26.70 Million) from operating cash flow of CA$610.05 Million. Explore PAAS capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

0.20x
(Capex + Investments) / Operating CF

Total Reinvested

CA$122.70 Million
Capex + Investments

Operating Cash Flow

CA$610.05 Million
CAD

Capital Expenditures

CA$96.00 Million
CAD

Pan American Silver Corp Cash Flow Reinvestment Rate (1997–2025)

Historical reinvestment intensity for Pan American Silver Corp across 24 annual periods. Also explore Pan American Silver Corp (PAAS) total assets for the complete picture of this company's asset base.

Annual Cash Flow Reinvestment Rate for Pan American Silver Corp (1997–2025)

Year-by-year capital reinvestment analysis for Pan American Silver Corp. For live market cap and broader valuation context, see market value of Pan American Silver Corp.

Year Reinvestment Rate Total Reinvested (CAD) Operating CF Capex YoY Change
2025 0.24x CA$338.50 Million CA$1.40 Billion CA$319.50 Million ▼ -50.8%
2024 0.49x CA$355.90 Million CA$724.10 Million CA$323.30 Million ▼ -71.6%
2023 1.73x CA$779.30 Million CA$450.20 Million CA$379.00 Million ▼ -89.6%
2022 16.61x CA$530.09 Million CA$31.91 Million CA$274.69 Million ▲ +2555.1%
2021 0.63x CA$245.34 Million CA$392.11 Million CA$243.48 Million ▲ +10.2%
2020 0.57x CA$262.47 Million CA$462.31 Million CA$178.56 Million ▼ -73.7%
2019 2.16x CA$609.52 Million CA$282.03 Million CA$207.35 Million ▲ +7.7%
2018 2.01x CA$311.02 Million CA$154.98 Million CA$151.85 Million ▲ +32.4%
2017 1.52x CA$340.27 Million CA$224.56 Million CA$162.45 Million ▼ -5.0%
2016 1.59x CA$342.56 Million CA$214.80 Million CA$202.66 Million ▼ -40.6%
2015 2.68x CA$238.03 Million CA$88.69 Million CA$146.74 Million ▲ +129.4%
2014 1.17x CA$145.28 Million CA$124.19 Million CA$131.76 Million ▼ -22.0%
2013 1.50x CA$179.32 Million CA$119.61 Million CA$159.40 Million ▲ +81.2%
2012 0.83x CA$159.91 Million CA$193.31 Million CA$159.91 Million ▲ +143.2%
2011 0.34x CA$122.28 Million CA$359.45 Million CA$122.28 Million ▼ -1.1%
2010 0.34x CA$83.37 Million CA$242.26 Million CA$83.37 Million ▼ -24.3%
2009 0.45x CA$52.75 Million CA$115.97 Million CA$52.75 Million ▼ -82.7%
2008 2.62x CA$243.80 Million CA$92.98 Million CA$243.80 Million ▲ +50.7%
2007 1.74x CA$117.17 Million CA$67.36 Million CA$117.17 Million ▲ +18.2%
2006 1.47x CA$97.00 Million CA$65.90 Million CA$97.00 Million ▼ -73.4%
2005 5.54x CA$59.64 Million CA$10.76 Million CA$59.64 Million ▲ +1.9%
2004 5.44x CA$17.04 Million CA$3.13 Million CA$17.04 Million ▼ -82.3%
2000 30.72x CA$18.89 Million CA$615.00K CA$18.89 Million ▲ +312.7%
1997 7.44x CA$14.06 Million CA$1.89 Million CA$14.06 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow