Pan American Silver Corp (PAAS) — Free Cash Flow Generation Index
Pan American Silver Corp (PAAS) has a Free Cash Flow Generation Index of 0.79x as of March 2026. Free cash flow of CA$400.00 Million represents 1% of operating cash flow (CA$505.00 Million). Explore Pan American Silver Corp capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
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. For the full cash flow conversion analysis, see Pan American Silver Corp (PAAS) cash conversion ratio.
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. Check PAAS cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| 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 | — |