PAAS Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $45.51
P/E 20.2
EPS $2.56
Revenue $3.62B
ROE 16.8%
52W Range $33–$70

PAAS Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04
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10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$3.62B
2016-12-31 → 2025-12-31
EPS$2.56
2016-12-31 → 2025-12-31
Free Cash Flow$1.02B
2017-12-31 → 2025-12-31
Net margin27.1%
2017-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend PAAS 5Y avg Peer Median Verdict
P/E 20.25Y avg ≈15.7 ≈15.7 · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

13
Payout Ratio17.9%
Annualized Payout≈$0.74Paid quarterly
Ex-dateAmountCurrencyYield
Aug 24, 2026$0.18USD≈1.0%
May 19, 2026$0.18USD≈0.87%
Mar 2, 2026$0.18USD≈0.42%
May 20, 2025$0.10USD≈1.7%
Mar 3, 2025$0.10USD≈1.7%
Nov 18, 2024$0.10USD≈1.8%
Aug 19, 2024$0.10USD≈1.9%
May 17, 2024$0.10USD≈1.8%
Mar 1, 2024$0.10USD≈3.1%
Nov 17, 2023$0.10USD≈2.8%
Aug 18, 2023$0.10USD≈2.6%
Apr 13, 2023$0.10USD≈2.1%
Mar 3, 2023$0.10USD≈2.7%
Nov 18, 2022$0.10USD≈3.0%
Aug 19, 2022$0.11USD≈2.8%
May 20, 2022$0.12USD≈2.0%
Mar 4, 2022$0.12USD≈1.5%
Nov 19, 2021$0.10USD≈1.3%
Aug 20, 2021$0.10USD≈1.3%
May 21, 2021$0.07USD≈0.77%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise 28.3%
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 $0.73 $1.06 -31.2%
March 31, 2026 $1.09 $0.96 13.3%
Dec. 31, 2025 $1.11 $0.87 27.1%
Sept. 30, 2025 $0.48 $0.45 7.0%
June 30, 2025 $0.43 $0.34 24.7%
March 31, 2025 $0.42 $0.18 128.8%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 14
Metric Trend 2025202420232022202120202019201820172016
Revenue $3.62B$2.82B$2.32B$1.49B$1.63B$1.34B$1.35B$784M$817M$775M
Cost of Revenue $2.21B$2.27B$2.02B$1.45B$1.26B$979M$1.12B$684M$648M$576M
Gross Profit $1.41B$549M$297M$48M$368M$360M$229M$101M$169M$199M
SG&A Expense $116M$70M$61M$29M$35M$36M$32M$23M$21M$24M
Operating Income $1.23B$531M$38M$-262M$321M$210M$127M$43M$188M$184M
Interest Expense $55M$48M$51M$5M$4M$9M$17M$2M$2M$3M
Pretax Income $1.24B$432M$-59M$-301M$245M$252M$183M$33M$182M$176M
Income Tax $258M$319M$46M$39M$146M$76M$71M$21M$59M$74M
Net Income $980M$113M$-105M$-340M$99M$176M$111M$12M$123M$102M
EPS (Basic) $2.56$0.31$-0.32$-1.62$0.46$0.85$0.55$0.07$0.79$0.66
EPS (Diluted) $2.56$0.31$-0.32$-1.62$0.46$0.85$0.55$0.07$0.79$0.66
Shares (Basic) 381,479,000363,361,000326,540,000210,521,000210,298,000210,085,000201,397,000153,315,000153,070,000152,118,000
Shares (Diluted) 381,577,000363,401,000326,540,000210,521,000210,435,000210,295,000201,571,000153,522,000153,353,000152,504,000
EBITDA $1.73B$1.10B$522M$54M$624M$464M$381M$190M$311M·
Balance Sheet 12
Metric Trend 2025202420232022202120202019201820172016
Cash & Equivalents $1.22B$863M$400M$107M$284M$167M$121M$139M$176M$181M
Receivables $232M$165M$138M$137M$128M$128M$169M$96M$110M$130M
Inventory $588M$606M$712M$472M$500M$406M$347M$214M$219M$237M
Current Assets $2.20B$1.72B$1.39B$804M$1.00B$857M$789M$548M$595M$613M
PP&E (Net) $5.34B$5.33B$5.67B$2.23B$2.34B$2.42B$2.50B$1.30B$1.34B$1.22B
Goodwill ···$6M$5M$4M$5M$5M$3M$3M
Total Assets $9.74B$7.20B$7.21B$3.25B$3.52B$3.43B$3.46B$1.94B$1.99B$1.90B
Accounts Payable $549M$489M$498M$308M$306M$282M$225M$132M$140M$144M
Current Liabilities $817M$687M$624M$381M$388M$362M$272M$151M$185M$184M
Total Liabilities $2.74B$2.49B$2.44B$1.05B$883M$828M$994M$424M$472M$499M
Retained Earnings $-513M$-1.30B$-1.27B$-1.03B$-598M$-623M$-755M$-836M$-825M$-931M
Stockholders' Equity $7.00B$4.70B$4.76B$2.20B$2.63B$2.60B$2.46B$1.51B$1.52B$1.40B
Cash Flow 9
Metric Trend 2025202420232022202120202019201820172016
D&A $497M$571M$484M$316M$303M$254M$253M$147M$123M$116M
Other Non-cash $-144M$40M$71M$56M$-9M$31M$-83M$-4M$-22M·
Operating Cash Flow $1.33B$724M$450M$32M$392M$462M$282M$155M$225M$215M
CapEx $314M$323M$379M$275M$243M$179M$206M$144M$142M$203M
Investing Cash Flow $-706M$-33M$398M$-255M$-187M$-84M$-402M$-159M$-178M$-140M
Dividends Paid $175M$145M$130M$95M$72M$46M$29M$21M$15M$8M
Financing Cash Flow $-278M$-225M$-552M$53M$-86M$-330M$103M$-33M$-52M$-28M
Free Cash Flow $1.02B$401M$71M$-243M$149M$284M$76M$11M$82M·
Levered FCF $975M$388M$-20M$-249M$147M$277M$66M$10M$81M·
Profitability 8
Metric Trend 2025202420232022202120202019201820172016
Gross Margin 38.8%19.5%12.8%3.2%22.5%26.9%17.0%12.9%20.7%·
Operating Margin 34.1%18.8%1.7%-17.5%19.7%15.6%9.4%5.4%23.1%·
Net Margin 27.1%4.0%-4.5%-22.8%6.0%13.2%8.2%1.5%15.1%·
Pretax Margin 34.2%15.3%-2.5%-20.1%15.0%18.8%13.5%4.2%22.3%·
EBITDA Margin 47.8%39.1%22.6%3.6%38.2%34.6%28.2%24.2%38.1%·
ROA 11.6%1.6%-2.0%-10.1%2.8%5.1%4.1%0.61%6.3%·
ROE 16.8%2.4%-3.0%-14.1%3.8%7.0%5.6%0.80%8.5%·
ROIC 14.0%2.9%1.4%-13.5%4.9%5.6%3.1%1.0%8.4%·
Liquidity & Solvency 3
Metric Trend 2025202420232022202120202019201820172016
Current Ratio 2.72.52.22.12.62.42.93.63.2·
Quick Ratio 1.81.50.90.61.10.81.11.61.5·
Interest Coverage 22.411.10.7-49.487.722.77.518.678.8·
Efficiency 3
Metric Trend 2025202420232022202120202019201820172016
Asset Turnover 0.40.40.40.40.50.40.50.40.4·
Inventory Turnover 3.73.43.43.02.82.64.03.22.8·
Receivables Turnover 18.218.616.911.312.89.010.27.66.8·
Per Share 3
Metric Trend 2025202420232022202120202019201820172016
Revenue / Share $9.48$7.76$7.09$7.10$7.76$6.37$6.70$5.11$5.33·
Cash Flow / Share $3.49$1.99$1.38$0.15$1.86$2.20$1.40$1.01$1.46·
EPS (TTM) $2.56$0.31$-0.32$-1.62$0.46$0.85$0.55$0.07$0.79·
Valuation (TTM) 6
Metric Trend 2025202420232022202120202019201820172016
Revenue TTM $3.62B$2.82B$2.32B$1.49B$1.63B$1.34B$1.35B$784M$817M·
Net Income TTM $980M$113M$-105M$-340M$99M$176M$111M$12M$123M·
P/E 20.265.2-51.0-10.154.340.643.1208.619.7·
Earnings Yield 4.9%1.5%-2.0%-9.9%1.8%2.5%2.3%0.48%5.1%·
Payout Ratio 17.9%129.0%-124.3%-27.9%72.5%26.2%26.4%176.8%12.4%·
Annual Payout $175M$145M$130M$95M$72M$46M$29M$21M$15M·

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

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Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $3.62B $2.82B $2.32B $1.49B $1.63B
Gross Margin % 38.8% 19.5% 12.8% 3.2% 22.5%
Operating Margin % 34.1% 18.8% 1.7% -17.5% 19.7%
Net Income $980M $113M $-105M $-340M $99M
Diluted EPS $2.56 $0.31 $-0.32 $-1.62 $0.46

Institutional owners (13F) 662 filers · $11.1B total · As of Sept. 30, 2026

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Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 662
Value held $11.1B
New positions 76
Exited positions 89
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
76 (-70 vs prior Q) 89 (+29 vs prior Q) 211 (+6 vs prior Q) 219 (+9 vs prior Q) +1.4M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VANGUARD GROUP INC $905,512,623 17,465,779 8.18% Shares
VAN ECK ASSOCIATES CORP $854,035,023 19,066,671 7.71% Shares
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. $698,176,976 15,588,063 6.30% Shares
VANGUARD CAPITAL MANAGEMENT LLC $516,595,367 11,523,430 4.66% Shares
BlackRock, Inc. $375,947,760 8,393,564 3.39% Shares
Capital International Investors $279,337,115 6,236,775 2.52% Shares
NORGES BANK $249,995,675 5,581,737 2.26% Shares
GEODE CAPITAL MANAGEMENT, LLC $229,972,731 4,929,728 2.08% Shares
MORGAN STANLEY $214,643,294 4,792,214 1.94% Shares
BANK OF MONTREAL /CAN/ $188,323,536 4,205,059 1.70% Shares
MILLENNIUM MANAGEMENT LLC $170,939,307 3,816,589 1.54% Shares
VANGUARD FIDUCIARY TRUST CO $164,186,692 3,662,429 1.48% Shares
ROYAL BANK OF CANADA $159,672,000 3,564,863 1.44% Shares
DIMENSIONAL FUND ADVISORS LP $157,170,506 3,509,099 1.42% Shares
JANE STREET GROUP, LLC $147,535,528 3,293,939 1.33% Shares
MANUFACTURERS LIFE INSURANCE COMPANY, THE $145,311,761 3,247,246 1.31% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $142,051,485 3,171,500 1.28% Call option
MACKENZIE FINANCIAL CORP $141,484,383 2,225,297 1.28% Shares
CANADA PENSION PLAN INVESTMENT BOARD $138,281,950 3,087,685 1.25% Shares
Toroso Investments, LLC $132,997,565 2,567,025 1.20% Shares
Connor, Clark & Lunn Investment Management Ltd. $130,636,122 2,916,962 1.18% Shares
TWO SIGMA INVESTMENTS, LP $128,865,757 2,877,110 1.16% Shares
Amundi $123,339,074 2,753,719 1.11% Shares
Invesco Ltd. $123,127,532 2,748,996 1.11% Shares
TD Asset Management Inc $121,779,933 2,717,447 1.10% Shares
CIBC Asset Management Inc $109,250,346 2,441,826 0.99% Shares
JPMORGAN CHASE & CO $109,138,461 2,443,216 0.99% Shares
First Eagle Investment Management, LLC $108,262,748 2,417,389 0.98% Shares
JUPITER ASSET MANAGEMENT LTD $107,920,251 2,409,472 0.97% Shares
Legal & General Group Plc $106,698,399 2,383,228 0.96% Shares
Man Group plc $106,636,211 2,380,804 0.96% Shares
RENAISSANCE TECHNOLOGIES LLC $101,301,409 2,261,697 0.91% Shares
Ninety One UK Ltd $100,602,267 2,246,088 0.91% Shares
AQR CAPITAL MANAGEMENT LLC $96,970,337 2,190,916 0.88% Shares
AMERIPRISE FINANCIAL INC $83,314,131 1,849,697 0.75% Shares
SPROTT INC. $82,515,445 1,842,274 0.75% Shares
BANK OF AMERICA CORP /DE/ $82,037,677 1,831,607 0.74% Shares
JANE STREET GROUP, LLC $81,732,792 1,824,800 0.74% Put option
TORONTO DOMINION BANK $81,607,133 1,822,194 0.74% Shares
Qube Research & Technologies Ltd $80,815,857 1,804,329 0.73% Shares
Vanguard Global Advisers, LLC $79,670,486 1,777,169 0.72% Shares
DEUTSCHE BANK AG\ $79,582,872 1,776,800 0.72% Shares
GOLDMAN SACHS GROUP INC $77,576,781 1,732,011 0.70% Shares
AMERICAN CENTURY COMPANIES INC $75,197,695 1,678,076 0.68% Shares
UBS Group AG $70,599,700 1,576,238 0.64% Shares
FIL Ltd $67,757,743 1,511,441 0.61% Shares
CITADEL ADVISORS LLC $61,881,864 1,381,600 0.56% Put option
Swiss National Bank $60,951,782 1,363,602 0.55% Shares
JANE STREET GROUP, LLC $58,589,799 1,308,100 0.53% Call option
PICTON MAHONEY ASSET MANAGEMENT $54,012,473 1,207,847 0.49% Shares

Show all 662 institutional owners →

Activists & 5%+ owners 2 positions

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Cascade Investment, L.L.C., William H. Gates III Dec. 22, 2005 · Initial filing Passive investment SEC
Cascade Investment, L.L.C. S.S. Or, William H. Gates III S.S. Or ×2 filings June 11, 2001 · Initial filing Passive investment SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

ETF ownership Held by 40 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
SIL · Global X Funds 12.54% 11,486,315 NS July 31, 2026 N-PORT
RING · iShares, Inc. 3.17% 1,536,015 SH Sept. 11, 2026 Daily
EPU · iShares Trust 2.54% 280,740 SH Sept. 11, 2026 Daily
KEAT · EA Series Trust 2.52% 69,681 NS July 31, 2026 N-PORT
SLVP · iShares, Inc. 1.58% 310,652 SH Sept. 11, 2026 Daily
MGNR · AMERICAN BEACON SELECT FUNDS 1.20% 234,766 NS July 31, 2026 N-PORT
EWC · iShares, Inc. 0.69% 924,356 SH Sept. 11, 2026 Daily
BBCA · J.P. Morgan Exchange-Traded Fund Tr… 0.57% 1,442,321 NS July 31, 2026 N-PORT
ICOW · Pacer Funds Trust 0.56% 234,697 NS July 31, 2026 N-PORT
IGE · iShares Trust 0.52% 82,320 SH Sept. 11, 2026 Daily
GUNR · FlexShares Trust 0.44% 734,315 NS July 31, 2026 N-PORT
FTLS · First Trust Exchange-Traded Fund III 0.31% 180,733 NS July 31, 2026 N-PORT
PIEL · Pacer Funds Trust 0.25% 65 NS July 31, 2026 N-PORT
PABD · iShares Trust 0.18% 11,895 SH Sept. 11, 2026 Daily
DIHP · Dimensional ETF Trust 0.18% 269,026 NS July 31, 2026 N-PORT
DFIV · Dimensional ETF Trust 0.15% 725,949 NS July 31, 2026 N-PORT
DFIC · Dimensional ETF Trust 0.13% 434,723 NS July 31, 2026 N-PORT
DFSI · Dimensional ETF Trust 0.12% 32,762 NS July 31, 2026 N-PORT
DXIV · Dimensional ETF Trust 0.12% 5,570 NS July 31, 2026 N-PORT
INTF · iShares Trust 0.10% 76,871 SH Sept. 11, 2026 Daily
SPWO · SP Funds Trust 0.09% 4,250 NS July 31, 2026 N-PORT
DFAI · Dimensional ETF Trust 0.08% 335,000 NS July 31, 2026 N-PORT
DFAX · Dimensional ETF Trust 0.08% 212,187 NS July 31, 2026 N-PORT
IDEV · iShares Trust 0.07% 477,963 SH Sept. 11, 2026 Daily
BKIE · BNY Mellon ETF Trust 0.07% 21,629 NS July 31, 2026 N-PORT
VEA · VANGUARD TAX-MANAGED FUNDS 0.06% 4,037,274 SH Aug. 19, 2026 Daily
ACWX · iShares Trust 0.06% 138,354 SH Sept. 11, 2026 Daily
VSGX · VANGUARD WORLD FUND 0.05% 83,080 SH Aug. 19, 2026 Daily
IXUS · iShares Trust 0.05% 582,743 SH Sept. 11, 2026 Daily
GLBL · Pacer Funds Trust 0.04% 11 NS July 31, 2026 N-PORT
TLTD · FlexShares Trust 0.04% 6,402 NS July 31, 2026 N-PORT
VXUS · VANGUARD STAR FUNDS 0.04% 6,082,386 SH Aug. 19, 2026 Daily
VEU · VANGUARD INTERNATIONAL EQUITY INDEX… 0.04% 967,506 SH Aug. 19, 2026 Daily
TOK · iShares Trust 0.03% 1,201 SH Sept. 11, 2026 Daily
URTH · iShares, Inc. 0.02% 38,928 SH Sept. 11, 2026 Daily
PXF · Invesco Exchange-Traded Fund Trust … 0.02% 15,104 SH Oct. 1, 2026 Daily
ACWI · iShares Trust 0.02% 135,744 SH Sept. 11, 2026 Daily
ESGG · FlexShares Trust 0.02% 532 NS July 31, 2026 N-PORT
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.02% 352,223 SH Aug. 19, 2026 Daily
IMFL · Invesco Exchange-Traded Self-Indexe… 0.01% 1,900 SH Oct. 1, 2026 Daily

PAAS Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 11 analysts BUY
Median target $61.00 +34.0%
2 18.2% Strong Buy
7 63.6% Buy
2 18.2% Hold
0 0.0% Sell
0 0.0% Strong Sell

12-Month Price Target

8 analysts · 2026-10-01

Mean target $64.78 +42.3%

← Below all targets Current price $45.51
Low$53.00 Mean$64.78 High$94.00

Latest News Recent headlines mentioning this company

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Source: SEC 40-F filed Feb 18, 2026