PAN AMERICAN SILVER CORP (PAAS)
Pan American Silver Corp. is a mining enterprise dedicated to the full spectrum of metal operations, from discovery and site development to extraction, refinement, and environmental reclamation. The company focuses on precious and base metals including silver, gold, zinc, lead, and copper. Its extensive operations are situated across several countries, specifically Canada, Mexico, Peru, Argentina, and Bolivia, where it manages key mining properties such as La Colorada, Dolores, Huaron, Morococha, Shahuindo, La Arena, Timmins West, Bell Creek, Manantial Espejo, San Vicente, Joaquin, Cap-Oeste Sur Este, and Navidad. Founded in 1979 as Pan American Minerals Corp., the firm officially changed its name to Pan American Silver Corp. in April 1995 and is headquartered in Vancouver, Canada.
Sector: Gold and Silver Ores
Industry: Gold
Pan American Silver Corp.
NYSE:PAASBasic Materials · Gold
-2.24%$40.15
AH Close$40.15+0.00%vs close
AH Close$40.15+0.00%vs close
Mkt Cap$16.65B
Float413.8M
O/S414.62M
Inst Own52.0%
SI1.5%
Div Yield1.70%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$3.68B
Net Income$995.12M
Total Assets$9.72B
Free Cash Flow$1.08B
Debt & Equity
Debt 12%
Equity 88%
Total Debt$935.29M
Total Equity$6.98B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in PAAS's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$9.72B
Liabilities$2.74B
Accounts Receivable$255.53M
Accounts Payable$314.43M
Inventory$586.93M
PP&E (Net)$5.33B
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 |
| Revenue | $3.68B | $2.82B | $2.32B | $1.49B | $1.63B | $1.34B | $1.35B | $784.5M | $816.83M | $774.77M | $674.69M | $751.94M | $824.5M | $928.59M | $855.27M | $646.55M | $454.81M | $338.6M | $301.06M | $255.45M | $122.4M | $94.83M | $45.12M | $45.09M | $37.3M | $29.93M | $26.82M | $30.17M | $27.77M | $27.73M | $6.2M |
| YoY Growth | 30.6% | 21.7% | 55.0% | -8.5% | 22.0% | -0.9% | 72.2% | -4.0% | 5.4% | 14.8% | -10.3% | -8.8% | -11.2% | 8.6% | 32.3% | 42.2% | 34.3% | 12.5% | 17.9% | 108.7% | 29.1% | 110.2% | 0.1% | 20.9% | 24.6% | 11.6% | -11.1% | 8.6% | 0.1% | 347.2% | - |
| Cost of Revenue | $2.3B | $2.27B | $2.02B | $1.45B | $1.26B | $1.08B | $1.15B | $683.6M | $648.07M | $575.9M | $706.78M | $743.87M | $692.99M | $624.65M | $446.15M | $405.44M | $338.74M | $250.88M | $171.16M | $132.65M | $91.34M | $73M | $42.32M | $44.37M | $41.48M | $28.36M | $28.89M | $31.72M | $28.05M | $28.17M | $0 |
| Gross Profit | $1.39B | $548.5M | $296.8M | $48.4M | $367.94M | $258.07M | $205.63M | $100.9M | $168.76M | $198.88M | -$32.09M | $8.07M | $131.52M | $303.94M | $409.13M | $241.12M | $126.01M | $87.72M | $129.91M | $122.8M | $31.06M | $21.82M | $2.8M | $726K | -$4.19M | $1.57M | -$2.07M | -$1.55M | -$281K | -$437K | $0 |
| Gross Margin | 37.7% | 19.5% | 12.8% | 3.2% | 22.5% | 19.3% | 15.2% | 12.9% | 20.7% | 25.7% | -4.8% | 1.1% | 16.0% | 32.7% | 47.8% | 37.3% | 27.7% | 25.9% | 43.1% | 48.1% | 25.4% | 23.0% | 6.2% | 1.6% | -11.2% | 5.2% | -7.7% | -5.1% | -1.0% | -1.6% | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $118.03M | $69.8M | $61.4M | $29M | $34.85M | $36.38M | $31.75M | $22.65M | $21.4M | $23.66M | $18.03M | $17.91M | $17.6M | $20.79M | $18.29M | $17.11M | $15.77M | $13.12M | $12.38M | $9.17M | $6.94M | $6.24M | $5.63M | $2.56M | $2.14M | $2.64M | $2.21M | $2.58M | $1.61M | $1.09M | $0 |
| Other | $80.38M | -$52M | $197.3M | $281.7M | $12.18M | $11.72M | $46.77M | $35.56M | -$40.97M | -$9.26M | $179.93M | $622.93M | $552.54M | $131.9M | $18.25M | $22.65M | $4.38M | $15.12M | $28.99M | $17.52M | $42.76M | $13.33M | $3.33M | $32.09M | $4.31M | $45.26M | $2.28M | $3.23M | $1.96M | $1.75M | $6.2M |
| Total Operating Expenses | $198.41M | $17.8M | $258.7M | $310.7M | $47.03M | $48.09M | $78.52M | $58.21M | -$19.57M | $14.41M | $197.95M | $640.84M | $570.13M | $152.69M | $36.55M | $39.76M | $20.14M | $28.24M | $41.37M | $26.69M | $49.7M | $19.57M | $8.95M | $34.65M | $6.45M | $47.89M | $4.49M | $5.81M | $3.57M | $2.85M | $6.2M |
| Operating Income (EBIT) | $1.19B | $530.7M | $38.1M | -$262.3M | $320.91M | $209.98M | $127.1M | $42.69M | $188.33M | $184.47M | -$230.04M | -$632.77M | -$438.61M | $151.26M | $372.58M | $201.35M | $95.93M | $59.49M | $88.53M | $96.11M | -$18.64M | $2.25M | -$6.15M | -$33.92M | -$10.64M | -$46.32M | -$6.57M | -$7.37M | -$3.85M | -$3.28M | $6.2M |
| Operating Margin | 32.3% | 18.8% | 1.6% | -17.5% | 19.7% | 15.7% | 9.4% | 5.4% | 23.1% | 23.8% | -34.1% | -84.2% | -53.2% | 16.3% | 43.6% | 31.1% | 21.1% | 17.6% | 29.4% | 37.6% | -15.2% | 2.4% | -13.6% | -75.2% | -28.5% | -154.8% | -24.5% | -24.4% | -13.9% | -11.8% | 100.0% |
| Interest Expense | $59.02M | $50.84M | $58.25M | $7.32M | $8.65M | $12.47M | $19.83M | $2.18M | $2.48M | $5.13M | $4.8M | $5.25M | $7.03M | $4.7M | $6.2M | $5.73M | $4.29M | $951K | $718K | $558K | $512K | $975K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $90.56M | $0 | $16.29M | $5.16M | $0 | $66.35M | $86.67M | $1.84M | $1.22M | $0 | $0 | $2.71M | $2.99M | $6.2M | $0 | $0 | $0 | $0 | $5.84M | $5.88M | $2.75M | $2.54M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $71.23M | -$99M | -$96.9M | -$38.7M | -$75.92M | $42.03M | $55.41M | -$9.5M | -$5.84M | -$8.2M | -$5.71M | -$4.55M | $9.52M | $22.66M | $98.68M | -$95.43M | -$6.18M | -$9.69M | $23.04M | -$8.64M | -$5.81M | $15.89M | -$645K | $33.92M | $10.64M | $46.32M | $6.57M | $7.37M | $3.85M | $3.28M | -$6.2M |
| Income Before Tax (EBT) | $1.26B | $431.7M | -$58.8M | -$301M | $244.99M | $252.01M | $182.51M | $33.19M | $182.49M | $176.27M | -$235.75M | -$637.32M | -$429.09M | $173.92M | $471.26M | $105.92M | $89.75M | $49.8M | $111.57M | $87.47M | -$24.45M | $18.15M | -$6.79M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income Tax Expense | $262.52M | $319M | $46.1M | $39.1M | $146.43M | $75.56M | $71.27M | $21.15M | $59.03M | $74.45M | -$4.2M | -$92.49M | $16.76M | $95.56M | $117.12M | $90.22M | $27.76M | $24.43M | $19.61M | $25.48M | $3.29M | $2.75M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | $995.12M | $111.5M | -$103.7M | -$340.06M | $97.43M | $177.88M | $110.74M | $10.29M | $120.99M | $100.08M | -$226.65M | -$545.59M | -$445.85M | $87.36M | $352.49M | $112.57M | $62M | $24.6M | $88.86M | $58.21M | -$28.59M | $19.9M | -$6.79M | -$33.66M | -$8.08M | -$45.88M | -$5.81M | -$6.01M | -$909K | -$1.9M | -$900K |
| Net Income Margin | 27.0% | 4.0% | -4.5% | -22.8% | 6.0% | 13.3% | 8.2% | 1.3% | 14.8% | 12.9% | -33.6% | -72.6% | -54.1% | 9.4% | 41.2% | 17.4% | 13.6% | 7.3% | 29.5% | 22.8% | -23.4% | 21.0% | -15.1% | -74.6% | -21.7% | -153.3% | -21.6% | -19.9% | -3.3% | -6.8% | -14.5% |
| Supplementary Data | |||||||||||||||||||||||||||||||
| EPS | 2.61 | 0.31 | -0.32 | -1.62 | 0.46 | 0.85 | 0.55 | 0.07 | 0.79 | 0.66 | -1.49 | -3.60 | -2.94 | 0.62 | 3.31 | 1.05 | 0.71 | 0.31 | 1.16 | 0.79 | -0.43 | 0.06 | -0.13 | -0.81 | -0.22 | -1.35 | -0.20 | -0.24 | -0.04 | -0.09 | -0.07 |
| Diluted EPS | 2.61 | 0.31 | -0.32 | -1.62 | 0.46 | 0.85 | 0.55 | 0.07 | 0.79 | 0.66 | -1.49 | -3.60 | -2.91 | 0.55 | 3.29 | 1.05 | 0.71 | 0.30 | 1.12 | 0.76 | -0.43 | 0.06 | -0.13 | -0.81 | -0.22 | -1.35 | -0.20 | -0.24 | -0.04 | -0.09 | -0.07 |
| Weighted Average OS | 381.48M | 363.36M | 326.54M | 210.52M | 210.30M | 210.10M | 201.40M | 153.31M | 153.07M | 152.12M | 151.66M | 151.51M | 151.50M | 140.88M | 106.43M | 106.97M | 87.58M | 80.24M | 76.45M | 73.63M | 67.04M | 63.17M | 51.06M | 41.55M | 36.16M | 33.99M | 29.25M | 24.57M | 21.66M | 21.66M | 12.86M |
| EBITDA | $1.85B | $1.05B | $476.8M | $20.3M | $551.61M | $533.67M | $452.84M | $204.22M | $239.02M | $294.34M | -$81.27M | -$484.54M | -$286.51M | $279.87M | $560.22M | $194.74M | $177.22M | $97.1M | $117.52M | $113.63M | $24.12M | $15.58M | -$2.82M | -$1.83M | -$6.33M | -$1.07M | -$4.29M | -$4.13M | -$1.89M | -$1.53M | $6.2M |
| EBITDA Margin | 50.3% | 37.3% | 20.6% | 1.4% | 33.8% | 39.9% | 33.5% | 26.0% | 29.3% | 38.0% | -12.0% | -64.4% | -34.7% | 30.1% | 65.5% | 30.1% | 39.0% | 28.7% | 39.0% | 44.5% | 19.7% | 16.4% | -6.3% | -4.1% | -17.0% | -3.6% | -16.0% | -13.7% | -6.8% | -5.5% | 100.0% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 |
| Assets | ||||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $1.21B | $862.8M | $399.6M | $107M | $283.55M | $167.11M | $120.56M | $138.51M | $175.95M | $180.88M | $133.96M | $146.19M | $249.94M | $346.21M | $262.9M | $179.92M | $100.47M | $26.79M | $51.91M | $80.35M | $29.29M | $28.34M | $14.19M | $10.19M | $3.33M | $7.54M | $15.9M | $10.08M | $31.83M | $42.83M |
| Short-Term Investments | $103.81M | $24.5M | $41.3M | $35.3M | $51.72M | $111.95M | $117.78M | $74M | $51.59M | $36.73M | $92.68M | $184.22M | $172.78M | $196.12M | $228.32M | $180.58M | $92.62M | $3.35M | $55.4M | $91.6M | $26.03M | $69.79M | $74.94M | $13K | $513K | $46K | $0 | $129K | $70K | $0 |
| Cash and Short-Term Investments | $1.32B | $887.3M | $440.9M | $142.3M | $335.27M | $279.06M | $238.34M | $212.51M | $227.54M | $217.61M | $226.64M | $330.41M | $422.72M | $542.32M | $491.22M | $360.5M | $193.1M | $30.14M | $107.31M | $171.95M | $55.32M | $98.14M | $89.13M | $10.2M | $3.84M | $7.59M | $15.9M | $10.21M | $31.9M | $42.83M |
| Accounts Receivable | $255.53M | $195.8M | $200.9M | $176.6M | $148.43M | $149.81M | $185.96M | $109.2M | $126.74M | $118.81M | $114.41M | $143.27M | $155.47M | $132.14M | $98.38M | $62.28M | $78.19M | $51.07M | $68.6M | $65.97M | $27.34M | $25.76M | $7.54M | $4.6M | $6.04M | $3.63M | $4.7M | $4.59M | $5.6M | $3.87M |
| Inventory | $586.93M | $605.7M | $711.6M | $471.6M | $500.46M | $406.19M | $346.51M | $214.47M | $218.72M | $237.33M | $204.36M | $252.55M | $284.35M | $266.66M | $135.7M | $106.85M | $93.45M | $72.65M | $51.74M | $22.22M | $16.67M | $10.67M | $6.61M | $4.64M | $4.66M | $4.41M | $4.63M | $4.91M | $5.88M | $5.18M |
| Other Current Assets | $3.99M | $0 | $6.9M | $2.9M | $4M | $7.81M | $1.27M | $640K | $9.04M | $10.34M | $0 | $0 | $0 | $9.57M | $9.34M | $0 | $5.15M | $16.43M | $13.89M | $6.86M | $863K | $480K | $0 | $0 | $0 | $3.46M | $1.59M | $1.68M | $1.82M | $1.24M |
| Total Current Assets | $2.19B | $1.72B | $1.39B | $804.4M | $1B | $856.92M | $788.92M | $548.37M | $595.47M | $612.85M | $552.16M | $730.7M | $871.66M | $971.84M | $742.24M | $540.86M | $372.45M | $174.36M | $244.92M | $270.1M | $102.13M | $136.26M | $104.58M | $22.63M | $21.07M | $19.09M | $26.82M | $21.38M | $45.19M | $53.12M |
| Long-Term Assets | ||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $5.33B | $5.33B | $5.68B | $2.23B | $2.34B | $2.42B | $2.5B | $1.3B | $1.34B | $1.22B | $1.15B | $1.27B | $1.87B | $2.21B | $1.19B | $1.16B | $1.46B | $697.06M | $500.28M | $217.03M | $134.12M | $230.51M | $167.45M | $59.45M | $68.44M | $63.66M | $80.11M | $48.13M | $26.93M | $14.45M |
| Goodwill | $0 | $0 | $0 | $2.77M | $2.77M | $2.77M | $4.99M | $3.06M | $3.06M | $3.06M | $3.06M | $3.06M | $7.13M | $198.95M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $1.97B | $0 | $0 | $121.2M | $78.66M | $71.56M | $84.32M | $70.57M | $55.02M | $49.73M | $1.45M | $1.45M | $1.45M | $1.45M | $0 | $0 | $0 | $840K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $82.85M | $44.5M | $80.4M | $55.9M | $55.95M | $57.85M | $36.45M | $12.24M | $2.68M | $1.73M | $3.73M | $2.58M | $165K | $1.36M | $4.17M | $6.83M | $0 | $0 | $0 | $500K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $154.72M | $112.8M | $67.6M | $37.83M | $35.48M | $29.76M | $42.11M | $2.23M | $426K | $8.04M | $9.41M | $13.7M | $16.36M | $15.78M | $15.68M | $29.79M | $18.43M | $1.12M | $17.7M | $192.37M | $126.03M | $3.32M | $7.86M | $12.89M | $2M | $330K | $898K | $1.16M | $69K | $146K |
| Total Long-Term Assets | $7.53B | $5.48B | $5.82B | $2.44B | $2.52B | $2.58B | $2.67B | $1.39B | $1.4B | $1.29B | $1.16B | $1.29B | $1.9B | $2.42B | $1.21B | $1.2B | $1.48B | $699.02M | $517.99M | $409.9M | $260.15M | $233.83M | $175.31M | $72.34M | $70.45M | $63.99M | $81.01M | $49.29M | $27M | $14.59M |
| Other Assets | $0 | -$100K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $9.72B | $7.2B | $7.21B | $3.25B | $3.52B | $3.43B | $3.46B | $1.94B | $1.99B | $1.9B | $1.72B | $2.02B | $2.77B | $3.39B | $1.95B | $1.74B | $1.85B | $873.38M | $762.9M | $680M | $362.28M | $370.09M | $279.88M | $94.97M | $91.52M | $83.09M | $107.83M | $70.67M | $72.19M | $67.72M |
| Liabilities | ||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||
| Accounts Payable | $314.43M | $194.4M | $198.2M | $88.8M | $77.46M | $80.28M | $66.92M | $52.2M | $47.14M | $45.34M | $53.57M | $52.98M | $51.59M | $56.06M | $24.04M | $23.79M | $96.16M | $58.29M | $29.14M | $40.09M | $21.89M | $20.33M | $8.78M | $15.23M | $12.28M | $9.47M | $10.02M | $5.62M | $4.83M | $5.4M |
| Short-Term Debt | $57.89M | $6.8M | $6.7M | $13.7M | $0 | $0 | $0 | $0 | $3M | $0 | $19.58M | $52.4M | $20.09M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.39M | $7.28M | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $132.5M | $72.6M | $46.3M | $91.47M | $86.73M | $59.56M | $24.34M | $29.57M | $27.7M | $14.7M | $23.86M | $29.55M | $52.85M | $74.52M | $33.54M | $4.02M | $6.73M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $130K | $643K | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $122.78M | $48.1M | $41.7M | $19.7M | $11.79M | $12.43M | $8.37M | $6.91M | $11.24M | $12M | $12.53M | $3.87M | $3.82M | $7.99M | $5.37M | $29.79M | $0 | $3.25M | $4.84M | $25.39M | $5.26M | $5.35M | $9.48M | $3.11M | $4.62M | $0 | $70K | $452K | $5.11M | $438K |
| Total Current Liabilities | $815.51M | $687M | $624.2M | $380.8M | $387.68M | $361.76M | $271.67M | $150.53M | $184.71M | $184.29M | $159.94M | $208.04M | $182.63M | $207.86M | $175.81M | $110.93M | $100.18M | $79.28M | $58.58M | $65.48M | $27.37M | $26.29M | $22.65M | $20.23M | $21.14M | $17.32M | $10.09M | $6.07M | $9.93M | $5.84M |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||
| Long-Term Debt | $792.56M | $702M | $697M | $180M | $11.9M | $0 | $275M | $0 | $0 | $36.2M | $36.2M | $0 | $34.3M | $41.13M | $0 | $0 | $20.79M | $0 | $0 | $0 | $126K | $0 | $10.8M | $3.94M | $5.01M | $4.99M | $0 | $2.13M | $0 | $0 |
| Long-Term Unearned Revenue | $12.98M | $13.3M | $13.1M | $13.9M | $12.52M | $13.27M | $12.54M | $13.29M | $12.02M | $11.56M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $434.21M | $521.7M | $541.6M | $140.3M | $184.78M | $175.31M | $176.81M | $148.82M | $171.23M | $170.86M | $142.13M | $160.07M | $285.95M | $326.17M | $54.92M | $49.8M | $305.82M | $45.39M | $48.7M | $48.5M | $32.4M | $33.21M | $19.04M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $595.91M | $508.2M | $512.5M | $312.4M | $265.8M | $256.96M | $230.81M | $110.17M | $102.5M | $92.69M | $76.39M | $75.78M | $70.07M | $77.51M | $108.16M | $222.69M | $62.77M | $57.32M | $50.52M | $44.31M | $41.27M | $33.69M | $43.3M | $15.3M | $6.49M | $3.23M | $2.83M | $775K | $1.61M | $1.31M |
| Total Long-Term Liabilities | $1.92B | $1.8B | $1.82B | $666.1M | $494.9M | $466.28M | $722.17M | $273.6M | $287.57M | $314.85M | $256.48M | $239.9M | $396.04M | $469.19M | $173.9M | $277.86M | $389.38M | $102.72M | $99.22M | $92.81M | $73.79M | $66.9M | $73.14M | $19.24M | $11.5M | $8.22M | $2.83M | $2.91M | $1.61M | $1.31M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $2.74B | $2.49B | $2.44B | $1.05B | $882.58M | $828.04M | $993.84M | $424.13M | $472.28M | $499.14M | $416.42M | $447.94M | $578.67M | $677.05M | $349.71M | $388.79M | $489.56M | $182M | $157.8M | $158.29M | $101.16M | $93.19M | $95.78M | $39.47M | $32.64M | $25.54M | $12.93M | $8.98M | $11.54M | $7.15M |
| Stockholders' Equity | ||||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $7.43B | $5.94B | $5.97B | $3.14B | $3.14B | $3.13B | $3.12B | $2.32B | $2.32B | $2.3B | $2.3B | $2.3B | $2.3B | $2.3B | $1.24B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | -$512.07M | -$1.3B | -$1.27B | -$1.03B | -$598.03M | -$623.03M | -$754.69M | -$836.07M | -$825.47M | -$931.06M | -$1.02B | -$755.19M | -$133.85M | $388.2M | $339.82M | $49.75M | $88.23M | $26.23M | $1.63M | -$87.23M | -$145.39M | -$116.66M | -$120.55M | -$106.62M | -$72.97M | -$64.89M | -$19.01M | -$13.18M | -$7.21M | -$6.28M |
| Comprehensive Income & Other | $61.89M | -$30.9M | -$30.3M | -$3M | $0 | $0 | $0 | $208K | $1.6M | $434K | -$458K | -$485K | -$137K | $964K | $2.15M | $14.72M | $1.62M | -$232K | -$8.65M | $0 | $762K | $633K | $79.49M | $0 | $0 | $1.13M | $69K | $194K | $210K | $146K |
| Other Stockholders' Equity | $61.89M | $63.3M | $63.7M | $90.3M | $93.38M | $93.41M | $94.27M | $22.78M | $24.07M | $23.38M | $22.37M | $21.61M | $20.97M | $21.52M | $10.78M | $1.29B | $1.26B | $659.41M | $597.99M | $599.25M | $402.71M | $392.18M | $304.64M | $162.12M | $131.84M | $122.43M | $113.91M | $74.87M | $67.85M | $66.84M |
| Total Equity | $6.98B | $4.7B | $4.76B | $2.2B | $2.63B | $2.6B | $2.46B | $1.51B | $1.52B | $1.4B | $1.3B | $1.56B | $2.18B | $2.71B | $1.59B | $1.34B | $1.34B | $685.64M | $599.62M | $512.03M | $257.32M | $275.52M | $184.1M | $55.49M | $58.88M | $57.54M | $94.9M | $61.69M | $60.65M | $60.56M |
| Minority Interest | $3.99M | $13.1M | $11.8M | $6.1M | $4.45M | $3.32M | $4.75M | $5.14M | $4.2M | $2.71M | $1.39M | $6.84M | $6.46M | $7.33M | $8.25M | $8.65M | $15.26M | $5.75M | $5.49M | $9.68M | $3.8M | $1.38M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $9.72B | $7.19B | $7.2B | $3.24B | $3.51B | $3.43B | $3.46B | $1.93B | $1.99B | $1.9B | $1.71B | $2.01B | $2.76B | $3.39B | $1.94B | $1.73B | $1.83B | $867.64M | $757.42M | $670.32M | $358.48M | $368.71M | $279.88M | $94.97M | $91.52M | $83.09M | $107.83M | $70.67M | $72.19M | $67.72M |
| Supplementary Data | ||||||||||||||||||||||||||||||
| Total Debt | $935.29M | $803.3M | $801.6M | $226.8M | $42.46M | $33.56M | $316.21M | $6.68M | $10.56M | $43.3M | $59.77M | $60.43M | $64.55M | $77.98M | $31.66M | $5.48M | $20.79M | $1.9M | $1.5M | $0 | $349K | $613K | $13.44M | $5.71M | $8.61M | $12.84M | $0 | $2.13M | $0 | $0 |
| Net Debt | -$277.49M | -$59.5M | $402M | $119.8M | -$241.09M | -$133.55M | $195.64M | -$131.83M | -$165.39M | -$137.58M | -$74.19M | -$85.76M | -$185.39M | -$268.22M | -$231.24M | -$174.44M | -$79.69M | -$24.89M | -$50.41M | -$80.35M | -$28.94M | -$27.73M | -$749K | -$4.48M | $5.28M | $5.29M | -$15.9M | -$7.95M | -$31.83M | -$42.83M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 |
| Operating Activities | ||||||||||||||||||||||||||||||
| Net Income | $995.12M | $112.7M | -$104.9M | -$340.1M | $98.56M | $176.46M | $111.24M | $12.04M | $123.45M | $101.83M | -$231.56M | -$544.82M | -$445.85M | $78.36M | $354.15M | $15.71M | $62M | $24.6M | $88.86M | $58.21M | -$28.59M | $15.21M | -$6.79M | -$33.66M | -$8.08M | -$45.88M | -$5.81M | -$6.01M | -$909K | -$1.9M |
| Depreciation & Amortization | $532.16M | $571.7M | $484.2M | $316M | $302.96M | $272.44M | $253.45M | $147.29M | $122.89M | $115.95M | $150.84M | $147.71M | $135.91M | $104.41M | $82.76M | $83.08M | $83.17M | $46.35M | $28.99M | $17.52M | $13.1M | $10.87M | $3.33M | $4.87M | $4.31M | $2.51M | $2.28M | $2M | $1.96M | $1.24M |
| Deferred Income Tax | -$121.08M | $319M | $46.1M | $39.1M | $146.43M | $75.56M | $71.27M | $21.15M | $59.03M | $74.45M | -$4.2M | -$92.49M | $16.76M | $95.56M | $117.12M | $16.46M | $2.11M | $3.21M | -$1.45M | -$3.34M | -$816K | $31K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $400K | $5.5M | $3.9M | $5.13M | $3.02M | $4.45M | $2.96M | $3.08M | $3.83M | $2.57M | $2.53M | $2.17M | $4.14M | $3.5M | $4.03M | $2.38M | $2.22M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||||||
| Accounts Receivable | -$83.44M | -$61.1M | $45.9M | -$12.6M | -$2.87M | $54.84M | $1.54M | $6.26M | $9.85M | -$29.13M | $27.51M | $7.37M | $15.9M | -$20.42M | -$8.6M | -$3.57M | -$26.77M | $9.05M | $82K | -$38.63M | -$1.58M | -$13.97M | -$2.35M | $0 | $0 | $0 | $0 | $0 | $0 | -$1.24M |
| Inventory | -$10.18M | -$67.8M | $38.5M | -$49.9M | -$82.89M | -$14.62M | $22.75M | -$12.13M | $10.9M | $19.53M | $23.41M | $11.27M | -$25.01M | -$19.64M | -$28.42M | -$12.1M | -$15.16M | -$21.18M | -$26.94M | -$3.86M | -$4.84M | $2.65M | -$1.98M | $0 | $0 | $0 | $0 | $0 | $0 | $1.09M |
| Accounts Payable | $49.86M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $14.25M | $1.1M | -$31.2M | $20.5M | $14.69M | $56.77M | -$52.24M | $1.61M | -$9.04M | $4.05M | -$31.09M | -$7.04M | -$12.2M | $29M | -$2.42M | $3.04M | $6.15M | $5.18M | -$11.72M | $39.6M | $3.05M | $1.5M | -$116K | $0 | $0 | $0 | $0 | $0 | $0 | -$1.53M |
| Total Working Capital Change | -$29.51M | -$127.8M | $53.2M | -$42M | -$71.07M | $96.98M | -$27.94M | -$4.26M | $11.71M | -$5.54M | $19.84M | $11.6M | -$21.3M | -$11.06M | -$39.44M | -$12.62M | -$35.78M | -$6.95M | -$38.58M | -$2.89M | -$3.37M | -$9.82M | -$4.44M | $0 | $0 | $0 | $0 | $0 | $0 | -$1.68M |
| Other Non-Cash Items | $24.42M | -$151.9M | -$33.9M | $54.9M | -$89.9M | -$162.15M | -$130.44M | -$24.2M | -$95.6M | -$75.7M | $151.19M | $599.67M | $431.91M | -$78.1M | -$158.63M | $135.6M | $2M | $23.55M | -$10.46M | -$3.6M | $30.45M | -$13.16M | $3.39M | $28.04M | $1.68M | $43.98M | $207K | -$582K | $839K | $584K |
| Net Cash from Operating | $1.4B | $724.1M | $450.2M | $31.8M | $392.11M | $462.31M | $282.03M | $154.98M | $224.56M | $214.8M | $88.69M | $124.19M | $119.61M | $193.31M | $359.45M | $242.26M | $115.88M | $92.98M | $67.36M | $65.9M | $10.76M | $3.13M | -$4.52M | -$742K | -$2.09M | $615K | -$3.32M | -$4.59M | $1.89M | -$1.75M |
| Investing Activities | ||||||||||||||||||||||||||||||
| Capital Expenditures | -$319.5M | -$323.3M | -$379M | -$274.7M | -$243.48M | -$178.56M | -$207.35M | -$151.85M | -$162.45M | -$202.66M | -$146.74M | -$131.76M | -$159.4M | -$159.91M | -$118.93M | -$78.01M | -$52.75M | -$243.8M | -$117.17M | -$97M | -$59.64M | -$17.04M | -$18.33M | -$9.78M | -$6.68M | -$18.89M | -$30M | -$21.51M | -$14.06M | -$6.2M |
| Acquisitions | -$401.91M | $290.4M | $614.5M | $0 | $0 | $0 | -$247.48M | $0 | -$2.47M | $0 | $0 | $0 | $0 | $86.53M | $0 | $0 | $942K | $0 | -$6.25M | -$168K | $0 | -$36.21M | $2.39M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$53.93M | -$5.5M | $0 | $0 | $0 | -$18.22M | $0 | -$25.55M | -$14.57M | -$4.96M | $0 | -$13.52M | $0 | $0 | -$51.07M | -$80.16M | -$80.14M | $0 | $0 | -$65.57M | $0 | $0 | -$74.92M | -$1.16M | $0 | -$13K | $0 | $0 | -$70K | $0 |
| Sales of Investments | $0 | $2M | $158.6M | $10.6M | $11.02M | $90.38M | $42.4M | $2.45M | $0 | $56.87M | $93.81M | $0 | $19.92M | $30.38M | $0 | $0 | $0 | $62.78M | $24.93M | $0 | $44.1M | $5.15M | $0 | $0 | $256K | $0 | $0 | $7.17M | $280K | $0 |
| Other Investing Activities | $12.21M | $3.8M | $3.8M | $8.7M | $45.8M | $22.47M | $10.27M | $15.78M | $1.67M | $10.86M | $536K | $2.04M | $14.13M | $3.68M | -$2.62M | -$2.58M | -$14.4M | $12.2M | -$1M | $2M | $50K | $23.75M | $318K | $0 | -$105K | -$59K | $69K | -$65K | $70K | -$2.63M |
| Net Cash from Investing | -$763.13M | -$32.6M | $397.9M | -$255.4M | -$186.66M | -$83.92M | -$402.17M | -$159.17M | -$177.82M | -$139.9M | -$52.39M | -$143.25M | -$125.35M | -$39.32M | -$172.62M | -$160.76M | -$146.34M | -$168.82M | -$99.49M | -$160.74M | -$15.49M | -$24.36M | -$90.54M | -$10.94M | -$6.53M | -$18.96M | -$29.93M | -$14.41M | -$13.78M | -$8.83M |
| Financing Activities | ||||||||||||||||||||||||||||||
| Debt Repaid | $7.12M | $57M | $432.5M | -$147.1M | $14.1M | $289.53M | -$133.77M | $7.91M | $40.74M | $3.05M | $43.77M | $5.35M | $30.24M | $6.21M | $4.65M | $5.63M | -$5.74M | -$2.49M | - | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $3.05M | $1.33M | $0 | $903K | $614K | $4.99M | $2.85M | $1.03M | $2.7M | $2.37M | $0 | $3K | $0 | $3.21M | $4.33M | $12.32M | $106.96M | $43.95M | $5.62M | $142.24M | $6.6M | $67.81M | $8.35M | $22.82M | $9.79M | $0 | $41.61M | $4.33M | $979K | $27.58M |
| Common Stock Repurchases | -$46.81M | -$23.13M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$6.54M | -$41.91M | -$91.37M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$340K | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$178.06M | -$145.4M | -$130.4M | -$94.7M | -$71.5M | -$46.22M | -$29.33M | -$21.28M | -$15.31M | -$7.61M | -$41.7M | -$75.75M | -$75.75M | -$24.92M | -$10.73M | -$8.03M | $0 | -$2.63M | -$2.35M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$53.93M | $100K | $11.1M | -$300K | -$933K | $0 | -$4.03M | -$2.02M | -$1.05M | -$428K | -$545K | -$375K | -$925K | -$1.07M | $904K | -$992K | -$5.59M | $0 | $0 | -$7.67M | $0 | -$180K | -$3.27M | -$962K | $0 | $0 | $1K | $0 | $0 | $0 |
| Net Cash from Financing | -$282.87M | -$225.2M | -$551.8M | $53M | -$85.91M | -$329.59M | $103.25M | -$33.13M | -$51.5M | -$28.22M | -$47.84M | -$83.91M | -$90.16M | -$70.76M | -$104.06M | -$2.76M | $104.06M | $50.71M | $3.7M | $145.89M | $5.67M | $35.38M | $99.06M | $18.53M | $4.41M | $10.04M | $38.98M | $4.33M | $979K | $27.58M |
| Forex Effect | -$4.61M | -$3.1M | -$3.7M | -$6M | -$3.1M | -$2.26M | -$1.06M | -$115K | -$164K | $229K | -$694K | -$778K | -$367K | $85K | $202K | $709K | $92K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $350.5M | $463.2M | $292.6M | -$176.6M | $116.44M | $46.55M | -$17.95M | -$37.44M | -$4.93M | $46.92M | -$12.23M | -$103.74M | -$96.27M | $83.31M | $82.98M | $79.45M | $73.69M | -$25.13M | -$28.43M | $51.06M | $946K | $14.15M | $4.01M | $6.85M | -$4.21M | -$8.31M | $5.81M | -$14.79M | -$10.98M | $17M |
| Supplementary Data | ||||||||||||||||||||||||||||||
| Operating Cash Flow | $1.4B | $724.1M | $450.2M | $31.8M | $392.11M | $462.31M | $282.03M | $154.98M | $224.56M | $214.8M | $88.69M | $124.19M | $119.61M | $193.31M | $359.45M | $242.26M | $115.88M | $92.98M | $67.36M | $65.9M | $10.76M | $3.13M | -$4.52M | -$742K | -$2.09M | $615K | -$3.32M | -$4.59M | $1.89M | -$1.75M |
| Capital Expenditure | -$319.5M | -$323.3M | -$379M | -$274.7M | -$243.48M | -$178.56M | -$207.35M | -$151.85M | -$162.45M | -$202.66M | -$146.74M | -$131.76M | -$159.4M | -$159.91M | -$118.93M | -$78.01M | -$52.75M | -$243.8M | -$117.17M | -$97M | -$59.64M | -$17.04M | -$18.33M | -$9.78M | -$6.68M | -$18.89M | -$30M | -$21.51M | -$14.06M | -$6.2M |
| Free Cash Flow | $1.08B | $400.8M | $71.2M | -$242.9M | $148.63M | $283.76M | $74.68M | $3.13M | $62.11M | $12.14M | -$58.04M | -$7.57M | -$39.8M | $33.39M | $240.52M | $164.25M | $63.13M | -$150.81M | -$49.81M | -$31.1M | -$48.88M | -$13.91M | -$22.84M | -$10.52M | -$8.77M | -$18.28M | -$33.32M | -$26.1M | -$12.17M | -$7.95M |
| Cash at Beginning | $862.29M | $399.6M | $107M | $283.6M | $167.11M | $120.56M | $138.51M | $175.95M | $180.88M | $133.96M | $146.19M | $249.94M | $346.21M | $262.9M | $179.92M | $100.47M | $26.79M | $51.91M | $80.35M | $29.29M | $28.34M | $14.19M | $10.19M | $3.33M | $7.54M | $15.85M | $10.09M | $24.87M | $42.81M | $25.76M |
| Cash at End | $1.21B | $862.8M | $399.6M | $107M | $283.55M | $167.11M | $120.56M | $138.51M | $175.95M | $180.88M | $133.96M | $146.19M | $249.94M | $346.21M | $262.9M | $179.92M | $100.47M | $26.79M | $51.91M | $80.35M | $29.29M | $28.34M | $14.19M | $10.19M | $3.33M | $7.54M | $15.9M | $10.08M | $31.83M | $42.76M |