Pan American Silver Gross Margin 2010-2024 | PAAS
- Pan American Silver average gross margin for 2023 was 29.38%, a 1.41% increase from 2022.
- Pan American Silver average gross margin for 2022 was 29.8%, a 33.33% decline from 2021.
- Pan American Silver average gross margin for 2021 was 44.7%, a 19.68% decline from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.