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Side-by-side financial comparison of PAN AMERICAN SILVER CORP (PAAS) and Targa Resources (TRGP). Click either name above to swap in a different company.
Targa Resources is the larger business by last-quarter revenue ($4.1B vs $2.8B, roughly 1.5× PAN AMERICAN SILVER CORP).
Pan American Silver Corporation is a mining company based in Canada with operations in Latin America. The company has mines and other projects in Mexico, Peru, Bolivia, and Argentina.
Targa Resources Corp. is a Fortune 500 company based in Houston, Texas. Targa, a midstream energy infrastructure corporation, is one of the largest infrastructure companies delivering natural gas and natural gas liquids in the United States. Their operations are based largely, though not entirely, on the Gulf Coast, particularly in Texas and Louisiana. Matthew J. Meloy has been Chief Executive Officer since 2020.
PAAS vs TRGP — Head-to-Head
Income Statement — Q3 FY2022 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.8B | $4.1B |
| Net Profit | — | $487.4M |
| Gross Margin | 27.0% | — |
| Operating Margin | — | — |
| Net Margin | — | 11.9% |
| Revenue YoY | — | -10.2% |
| Net Profit YoY | — | 74.2% |
| EPS (diluted) | $-1.05 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $4.1B | ||
| Q4 25 | — | $4.1B | ||
| Q3 25 | — | $4.2B | ||
| Q2 25 | — | $4.3B | ||
| Q1 25 | — | $4.6B | ||
| Q4 24 | — | $4.4B | ||
| Q3 24 | — | $3.9B | ||
| Q2 24 | — | $3.0B |
| Q1 26 | — | $487.4M | ||
| Q4 25 | — | $545.0M | ||
| Q3 25 | — | $478.4M | ||
| Q2 25 | — | $629.1M | ||
| Q1 25 | — | $270.5M | ||
| Q4 24 | — | $350.9M | ||
| Q3 24 | — | $387.4M | ||
| Q2 24 | — | $298.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | 43.1% | ||
| Q3 25 | — | 39.6% | ||
| Q2 25 | — | 42.8% | ||
| Q1 25 | — | 28.6% | ||
| Q4 24 | — | 33.7% | ||
| Q3 24 | — | 38.6% | ||
| Q2 24 | — | 27.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | 22.6% | ||
| Q3 25 | — | 20.2% | ||
| Q2 25 | — | 24.3% | ||
| Q1 25 | — | 11.9% | ||
| Q4 24 | — | 15.9% | ||
| Q3 24 | — | 18.9% | ||
| Q2 24 | — | 20.6% |
| Q1 26 | — | 11.9% | ||
| Q4 25 | — | 13.4% | ||
| Q3 25 | — | 11.5% | ||
| Q2 25 | — | 14.8% | ||
| Q1 25 | — | 5.9% | ||
| Q4 24 | — | 8.0% | ||
| Q3 24 | — | 10.1% | ||
| Q2 24 | — | 9.8% |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.51 | ||
| Q3 25 | — | $2.20 | ||
| Q2 25 | — | $2.87 | ||
| Q1 25 | — | $0.91 | ||
| Q4 24 | — | $1.44 | ||
| Q3 24 | — | $1.75 | ||
| Q2 24 | — | $1.33 |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PAAS
Segment breakdown not available.
TRGP
| Sales of commodities | $3.3B | 82% |
| Fees from midstream services | $750.1M | 18% |
