Pan American Silver Corp (PAAS) — Free Cash Flow Generation Index
Pan American Silver Corp (PAAS) has a Free Cash Flow Generation Index of 0.84x as of December 2025. Free cash flow of CA$514.05 Million represents 1% of operating cash flow (CA$610.05 Million). See Pan American Silver Corp (PAAS) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Pan American Silver Corp Free Cash Flow Generation Index (1997–2025)
Historical FCF Generation Index trend for Pan American Silver Corp across 24 annual periods. Explore Pan American Silver Corp cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Pan American Silver Corp (1997–2025)
Year-by-year Free Cash Flow Generation Index for Pan American Silver Corp. For the full company profile including market capitalisation, see market value of Pan American Silver Corp.
| Year | FCG Index | Free Cash Flow (CAD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.77x | CA$1.08 Billion | CA$1.40 Billion | CA$319.50 Million | ▲ +39.5% |
| 2024 | 0.55x | CA$400.80 Million | CA$724.10 Million | CA$323.30 Million | ▲ +250.0% |
| 2023 | 0.16x | CA$71.20 Million | CA$450.20 Million | CA$379.00 Million | ▲ +102.1% |
| 2022 | -7.61x | CA$-242.78 Million | CA$31.91 Million | CA$274.69 Million | ▼ -2107.2% |
| 2021 | 0.38x | CA$148.63 Million | CA$392.11 Million | CA$243.48 Million | ▼ -38.2% |
| 2020 | 0.61x | CA$283.76 Million | CA$462.31 Million | CA$178.56 Million | ▲ +131.8% |
| 2019 | 0.26x | CA$74.68 Million | CA$282.03 Million | CA$207.35 Million | ▲ +1211.0% |
| 2018 | 0.02x | CA$3.13 Million | CA$154.98 Million | CA$151.85 Million | ▼ -92.7% |
| 2017 | 0.28x | CA$62.11 Million | CA$224.56 Million | CA$162.45 Million | ▲ +389.3% |
| 2016 | 0.06x | CA$12.14 Million | CA$214.80 Million | CA$202.66 Million | ▲ +108.6% |
| 2015 | -0.65x | CA$-58.04 Million | CA$88.69 Million | CA$146.74 Million | ▼ -973.2% |
| 2014 | -0.06x | CA$-7.57 Million | CA$124.19 Million | CA$131.76 Million | ▲ +81.7% |
| 2013 | -0.33x | CA$-39.80 Million | CA$119.61 Million | CA$159.40 Million | ▼ -292.6% |
| 2012 | 0.17x | CA$33.39 Million | CA$193.31 Million | CA$159.91 Million | ▼ -73.8% |
| 2011 | 0.66x | CA$237.17 Million | CA$359.45 Million | CA$122.28 Million | ▲ +0.6% |
| 2010 | 0.66x | CA$158.89 Million | CA$242.26 Million | CA$83.37 Million | ▲ +20.3% |
| 2009 | 0.55x | CA$63.22 Million | CA$115.97 Million | CA$52.75 Million | ▲ +133.6% |
| 2008 | -1.62x | CA$-150.81 Million | CA$92.98 Million | CA$243.80 Million | ▼ -119.3% |
| 2007 | -0.74x | CA$-49.81 Million | CA$67.36 Million | CA$117.17 Million | ▼ -56.7% |
| 2006 | -0.47x | CA$-31.10 Million | CA$65.90 Million | CA$97.00 Million | ▲ +89.6% |
| 2005 | -4.54x | CA$-48.88 Million | CA$10.76 Million | CA$59.64 Million | ▼ -2.3% |
| 2004 | -4.44x | CA$-13.91 Million | CA$3.13 Million | CA$17.04 Million | ▲ +85.1% |
| 2000 | -29.72x | CA$-18.28 Million | CA$615.00K | CA$18.89 Million | ▼ -361.2% |
| 1997 | -6.44x | CA$-12.17 Million | CA$1.89 Million | CA$14.06 Million | — |