Pan American Silver (XSWX:PAAS) Gross Profit: CHF1,403 Mil (TTM As of Mar. 2026)


XSWX:PAAS Pan American Silver Corp XSWX:PAAS
80 GF Score
Price CHF37.73
GF Value CHF15.66
! 3 Warning Signs
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What is Pan American Silver Gross Profit?

Pan American Silver XSWX:PAAS 80 Gross Profit is CHF1,403 Mil as of Mar. 2026. GuruFocus rates XSWX:PAAS with a GF Score™ of 80/100 and a GF Value™ of CHF15.66. The stock has 3 warning signs investors should review.

Pan American Silver's gross profit for the three months ended in Mar. 2026 was CHF479 Mil. Pan American Silver's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was CHF1,403 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Pan American Silver's gross profit for the three months ended in Mar. 2026 was CHF479 Mil. Pan American Silver's Revenue for the three months ended in Mar. 2026 was CHF909 Mil. Therefore, Pan American Silver's Gross Margin % for the quarter that ended in Mar. 2026 was 52.69%.

Pan American Silver had a gross margin of 52.69% for the quarter that ended in Mar. 2026 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Pan American Silver was 44.06%. The lowest was 3.24%. And the median was 20.07%.


Pan American Silver  (XSWX:PAAS) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Pan American Silver had a gross margin of 52.69% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Pan American Silver Gross Profit Related Terms


Pan American Silver Gross Profit Historical Data

* Premium members only.

The historical data trend for Pan American Silver's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pan American Silver Gross Profit Chart

Pan American Silver Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 338.87 45.09 256.67 489.49 1,119.65

Pan American Silver Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 221.78 222.25 249.18 452.56 478.68

XSWX:PAAS vs NEM, AU: Gross Profit Comparison

For the Gold subindustry, Pan American Silver's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pan American Silver Gross Profit vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Pan American Silver's Gross Profit distribution charts can be found below:

* The bar in red indicates where Pan American Silver's Gross Profit falls into.


XSWX:PAAS
80GF Score
Pan American Silver Corp XSWX:PAAS
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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Pan American Silver Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Pan American Silver's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=2883.981 - 1764.336
=1,120

Pan American Silver's Gross Profit for the quarter that ended in Mar. 2026 is calculated as

Gross Profit (Q: Mar. 2026 )=Revenue - Cost of Goods Sold
=908.544 - 429.866
=479

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF1,403 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Pan American Silver's Gross Margin % for the quarter that ended in Mar. 2026 is calculated as

Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=479 / 908.544
=52.69 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of CHF1,403 Mil mean?
Pan American Silver (XSWX:PAAS) has a Gross Profit of CHF1,403 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Pan American Silver and its competitors.
Is Pan American Silver's Gross Profit too high?
Pan American Silver's current Gross Profit is CHF1,403 Mil. Overall, Pan American Silver has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Pan American Silver's Gross Profit compare to NEM and AU?
Pan American Silver's Gross Profit of CHF1,403 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Metals & Mining company?
A good Gross Profit depends on the Metals & Mining industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Pan American Silver and its competitors. Pan American Silver's current Gross Profit is CHF1,403 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pan American Silver stock overvalued right now?
Pan American Silver (XSWX:PAAS) has a current Gross Profit of CHF1,403 Mil. The stock's GF Value™ is CHF15.66, compared to a current price of CHF37.73 — trading 140.9% above its estimated fair value. The current Gross Profit is CHF1,403 Mil. Pan American Silver's overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Pan American Silver (XSWX:PAAS), the current Gross Profit is CHF1,403 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Pan American Silver (XSWX:PAAS) Overvalued in 2026?

Based on GuruFocus' analysis, Pan American Silver stock appears to be overvalued. The current stock price of CHF37.73 is trading 140.9% above its estimated GF Value™ of CHF15.66.

Key valuation signals for XSWX:PAAS:

  • Gross Profit: CHF1,403 Mil
  • GF Value™: CHF15.66 vs. price of CHF37.73 (140.9% above fair value)
  • GF Score™: 80/100 with 3 warning signs

No single metric tells the full story. See the XSWX:PAAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pan American Silver Business Description

Address 733 Seymour Street, Suite 2100, Vancouver Centre II, Vancouver, BC, CAN, V6B0S6
Pan American Silver Corp is a mining company principally engaged in the operation and development of, and exploration for, silver and gold-producing properties and assets. The company's principal products are silver and gold, although it also produces and sells zinc, lead, and copper. Its operating mines comprise La Colorada, Dolores, Huaron, Morococha, Shahuindo, La Arena, Timmins West, Bell Creek, Manantial Espejo, and San Vicente mines.
80GF Score

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Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF37.73
Price
CHF15.66
GF Value