PAAS vs. STLD: Pan American Silver vs. Steel Dynamics Stock Comparison
How do Pan American Silver (PAAS) and Steel Dynamics (STLD) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Pan American Silver (PAAS) and Steel Dynamics (STLD) both belong to the Metals & Mining industry, though PAAS is classified under Silver while STLD falls under Steel.
| Profile Item | PAAS | STLD |
|---|---|---|
| Name | Pan American Silver Corp. | Steel Dynamics, Inc. |
| Country/Region | Canada | United States |
| GICS Sector | Materials | Materials |
| GICS Industry Group | Materials | Materials |
| GICS Industry | Metals & Mining | Metals & Mining |
| GICS Sub-Industry | Silver | Steel |
| Market Capitalization | 16.98 billion USD | 31.70 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | June 12, 1995 | November 22, 1996 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | PAAS | STLD |
|---|---|---|
| Total Return (1Y) | 22.43% | 52.02% |
| Total Return (3Y, Annualized) | 47.84% | 29.83% |
| Total Return (5Y, Annualized) | 11.59% | 30.20% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | PAAS | STLD |
|---|---|---|
| Volatility (1Y, Annualized) | 58.13% | 36.62% |
| Beta (5Y) | 0.72 | 1.46 |
| Max Drawdown (5Y) | -57.39% | -32.20% |
| Avg. Volume (3M) | 4.31M | 1.06M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | PAAS | STLD |
|---|---|---|
| Sharpe Ratio (1Y) | 0.31 | 1.30 |
| Sortino Ratio (1Y) | 0.45 | 1.92 |
Profitability
ROE (TTM)
Both Pan American Silver (PAAS) at 22.39% and Steel Dynamics (STLD) at 20.81% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
PAAS
Materials industry group
22.39%
- Max
- 52.88%
- PAAS
- 22.39%
- Q3
- 19.49%
- Median
- 8.76%
- Q1
- -3.41%
- Min
- -32.81%
STLD
Materials industry group
20.81%
- Max
- 52.88%
- STLD
- 20.81%
- Q3
- 19.49%
- Median
- 8.76%
- Q1
- -3.41%
- Min
- -32.81%
Net Margin (TTM)
Pan American Silver (PAAS) at 35.16% retains a top-quartile share of revenue as profit, ahead of Steel Dynamics (STLD) at 8.82%, which keeps about the industry-typical share.
PAAS
Materials industry group
35.16%
- Max
- 38.66%
- PAAS
- 35.16%
- Q3
- 15.98%
- Median
- 5.28%
- Q1
- 0.00%
- Min
- -20.40%
STLD
Materials industry group
8.82%
- Max
- 38.66%
- Q3
- 15.98%
- STLD
- 8.82%
- Median
- 5.28%
- Q1
- 0.00%
- Min
- -20.40%
Operating Margin (TTM)
Pan American Silver (PAAS) at 34.29% operates in the top operating margin quartile, ahead of Steel Dynamics (STLD) at 15.46%, which runs around its industry’s norm.
PAAS
Materials industry group
34.29%
- Max
- 66.70%
- PAAS
- 34.29%
- Q3
- 28.92%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
STLD
Materials industry group
15.46%
- Max
- 66.70%
- Q3
- 28.92%
- STLD
- 15.46%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
Profitability Metrics
| Metric | PAAS | STLD |
|---|---|---|
| ROE (TTM) | 22.39% | 20.81% |
| ROA (TTM) | 11.27% | 9.45% |
| Net Margin (TTM) | 35.16% | 8.82% |
| Operating Margin (TTM) | 34.29% | 15.46% |
| Gross Margin (TTM) | 55.17% | 15.90% |
Growth
Revenue Growth
Both Pan American Silver (PAAS) at 28.38% and Steel Dynamics (STLD) at 3.63% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Pan American Silver (PAAS) at 725.81% clears its industry range for EPS growth, a much stronger earnings trajectory than Steel Dynamics (STLD) at -18.80%, which is closer to a typical peer reading.
Growth Metrics
| Metric | PAAS | STLD |
|---|---|---|
| Revenue Growth (YoY) | 28.38% | 3.63% |
| Revenue Growth (3Y CAGR) | 34.28% | -6.53% |
| EPS Growth (YoY) | 725.81% | -18.80% |
| EPS Growth (3Y CAGR) | -- | -27.45% |
Financial Strength
Current Ratio (MRQ)
Both Pan American Silver (PAAS) at 2.72 and Steel Dynamics (STLD) at 3.15 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
PAAS
Materials industry group
2.72
- Max
- 5.96
- Q3
- 3.30
- PAAS
- 2.72
- Median
- 2.24
- Q1
- 1.45
- Min
- 0.16
STLD
Materials industry group
3.15
- Max
- 5.96
- Q3
- 3.30
- STLD
- 3.15
- Median
- 2.24
- Q1
- 1.45
- Min
- 0.16
Debt / Equity (MRQ)
Pan American Silver (PAAS) at 0.11 keeps leverage in the lower industry quartile, while Steel Dynamics (STLD) at 0.45 runs a more typical debt-to-equity mix.
PAAS
Materials industry group
0.11
- Max
- 1.98
- Q3
- 0.89
- Median
- 0.47
- Q1
- 0.13
- PAAS
- 0.11
- Min
- 0.00
STLD
Materials industry group
0.45
- Max
- 1.98
- Q3
- 0.89
- Median
- 0.47
- STLD
- 0.45
- Q1
- 0.13
- Min
- 0.00
Financial Strength Metrics
| Metric | PAAS | STLD |
|---|---|---|
| Current Ratio (MRQ) | 2.72 | 3.15 |
| Debt / Equity (MRQ) | 0.11 | 0.45 |
| Net Debt / EBITDA | -0.39 | 1.09 |
Dividends
Dividend Yield (TTM)
Both Pan American Silver (PAAS) at 1.69% and Steel Dynamics (STLD) at 0.94% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
PAAS
Materials industry group
1.69%
- Max
- 4.52%
- Q3
- 1.85%
- PAAS
- 1.69%
- Median
- 0.38%
- Q1
- 0.00%
- Min
- 0.00%
STLD
Materials industry group
0.94%
- Max
- 4.52%
- Q3
- 1.85%
- STLD
- 0.94%
- Median
- 0.38%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Pan American Silver (PAAS) at 18.00% and Steel Dynamics (STLD) at 15.44% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
PAAS
Materials industry group
18.00%
- Max
- 83.62%
- Q3
- 41.37%
- PAAS
- 18.00%
- Median
- 9.54%
- Q1
- 0.00%
- Min
- 0.00%
STLD
Materials industry group
15.44%
- Max
- 83.62%
- Q3
- 41.37%
- STLD
- 15.44%
- Median
- 9.54%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | PAAS | STLD |
|---|---|---|
| Dividend Yield (TTM) | 1.69% | 0.94% |
| Dividend Payout Ratio (TTM) | 18.00% | 15.44% |
Valuation
P/E Ratio (TTM)
Pan American Silver (PAAS) at 10.83 sits in the cheaper P/E ratio quartile, while Steel Dynamics (STLD) at 16.46 is closer to its industry’s usual earnings multiple — a discount for PAAS, though growth and earnings durability still matter.
PAAS
Materials industry group
10.83
- Max
- 59.00
- Q3
- 32.93
- Median
- 18.82
- Q1
- 11.96
- PAAS
- 10.83
- Min
- 3.93
STLD
Materials industry group
16.46
- Max
- 59.00
- Q3
- 32.93
- Median
- 18.82
- STLD
- 16.46
- Q1
- 11.96
- Min
- 3.93
P/S Ratio (TTM)
On P/S ratio, both Pan American Silver (PAAS) at 3.80 and Steel Dynamics (STLD) at 1.43 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
PAAS
Materials industry group
3.80
- Max
- 9.62
- Q3
- 4.34
- PAAS
- 3.80
- Median
- 1.87
- Q1
- 0.73
- Min
- 0.00
STLD
Materials industry group
1.43
- Max
- 9.62
- Q3
- 4.34
- Median
- 1.87
- STLD
- 1.43
- Q1
- 0.73
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Pan American Silver (PAAS) at 2.29 and Steel Dynamics (STLD) at 3.23 are valued close to their industries’ norm against book — neither stands out from peers.
PAAS
Materials industry group
2.29
- Max
- 6.59
- Q3
- 3.55
- PAAS
- 2.29
- Median
- 2.08
- Q1
- 1.26
- Min
- -0.17
STLD
Materials industry group
3.23
- Max
- 6.59
- Q3
- 3.55
- STLD
- 3.23
- Median
- 2.08
- Q1
- 1.26
- Min
- -0.17
Valuation Metrics
| Metric | PAAS | STLD |
|---|---|---|
| P/E Ratio (TTM) | 10.83 | 16.46 |
| P/S Ratio (TTM) | 3.80 | 1.43 |
| P/B Ratio (MRQ) | 2.29 | 3.23 |
| Free Cash Flow Yield (TTM) | 8.01% | 1.36% |