vs

Side-by-side financial comparison of PAN AMERICAN SILVER CORP (PAAS) and WHIRLPOOL CORP (WHR). Click either name above to swap in a different company.

WHIRLPOOL CORP 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.

Whirlpool Corporation is an American multinational manufacturer and marketer of home appliances headquartered in Benton Charter Township, Michigan, United States. In 2023, the Fortune 500 company had an annual revenue of approximately $19 billion in sales, around 59,000 employees, and more than 55 manufacturing and technology research centers globally.

PAAS vs WHR — Head-to-Head

Bigger by revenue
WHR
WHR
1.5× larger
WHR
$4.1B
$2.8B
PAAS

Income Statement — Q3 FY2022 vs Q4 FY2025

Metric
PAAS
PAAS
WHR
WHR
Revenue
$2.8B
$4.1B
Net Profit
$109.0M
Gross Margin
27.0%
14.0%
Operating Margin
6.0%
Net Margin
2.7%
Revenue YoY
-0.9%
Net Profit YoY
127.8%
EPS (diluted)
$-1.05
$1.92

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.

Revenue
PAAS
PAAS
WHR
WHR
Q4 25
$4.1B
Q3 25
$4.0B
Q2 25
$3.8B
Q1 25
$3.6B
Q4 24
$4.1B
Q3 24
$4.0B
Q2 24
$4.0B
Q1 24
$4.5B
Net Profit
PAAS
PAAS
WHR
WHR
Q4 25
$109.0M
Q3 25
$73.0M
Q2 25
$65.0M
Q1 25
$71.0M
Q4 24
$-392.0M
Q3 24
$109.0M
Q2 24
$219.0M
Q1 24
$-259.0M
Gross Margin
PAAS
PAAS
WHR
WHR
Q4 25
14.0%
Q3 25
14.7%
Q2 25
16.2%
Q1 25
16.8%
Q4 24
16.2%
Q3 24
16.1%
Q2 24
15.7%
Q1 24
14.3%
Operating Margin
PAAS
PAAS
WHR
WHR
Q4 25
6.0%
Q3 25
5.1%
Q2 25
5.4%
Q1 25
5.1%
Q4 24
-3.3%
Q3 24
6.6%
Q2 24
3.3%
Q1 24
-2.6%
Net Margin
PAAS
PAAS
WHR
WHR
Q4 25
2.7%
Q3 25
1.8%
Q2 25
1.7%
Q1 25
2.0%
Q4 24
-9.5%
Q3 24
2.7%
Q2 24
5.5%
Q1 24
-5.8%
EPS (diluted)
PAAS
PAAS
WHR
WHR
Q4 25
$1.92
Q3 25
$1.29
Q2 25
$1.17
Q1 25
$1.28
Q4 24
$-7.11
Q3 24
$2.00
Q2 24
$3.96
Q1 24
$-4.72

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PAAS
PAAS
WHR
WHR
Cash + ST InvestmentsLiquidity on hand
$669.0M
Total DebtLower is stronger
$6.2B
Stockholders' EquityBook value
$2.7B
Total Assets
$16.0B
Debt / EquityLower = less leverage
2.26×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PAAS
PAAS
WHR
WHR
Q4 25
$669.0M
Q3 25
$934.0M
Q2 25
$1.1B
Q1 25
$1.0B
Q4 24
$1.3B
Q3 24
$1.1B
Q2 24
$1.2B
Q1 24
$1.2B
Total Debt
PAAS
PAAS
WHR
WHR
Q4 25
$6.2B
Q3 25
Q2 25
Q1 25
Q4 24
$6.6B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
PAAS
PAAS
WHR
WHR
Q4 25
$2.7B
Q3 25
$2.6B
Q2 25
$2.6B
Q1 25
$2.6B
Q4 24
$2.7B
Q3 24
$3.0B
Q2 24
$3.1B
Q1 24
$2.4B
Total Assets
PAAS
PAAS
WHR
WHR
Q4 25
$16.0B
Q3 25
$16.9B
Q2 25
$16.8B
Q1 25
$16.5B
Q4 24
$16.3B
Q3 24
$17.2B
Q2 24
$17.3B
Q1 24
$17.4B
Debt / Equity
PAAS
PAAS
WHR
WHR
Q4 25
2.26×
Q3 25
Q2 25
Q1 25
Q4 24
2.46×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PAAS
PAAS
WHR
WHR
Operating Cash FlowLast quarter
$1.1B
Free Cash FlowOCF − Capex
$989.0M
FCF MarginFCF / Revenue
24.1%
Capex IntensityCapex / Revenue
3.7%
Cash ConversionOCF / Net Profit
10.45×
TTM Free Cash FlowTrailing 4 quarters
$81.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PAAS
PAAS
WHR
WHR
Q4 25
$1.1B
Q3 25
$33.0M
Q2 25
$19.0M
Q1 25
$-721.0M
Q4 24
$1.1B
Q3 24
$214.0M
Q2 24
$388.0M
Q1 24
$-873.0M
Free Cash Flow
PAAS
PAAS
WHR
WHR
Q4 25
$989.0M
Q3 25
$-52.0M
Q2 25
$-63.0M
Q1 25
$-793.0M
Q4 24
$970.0M
Q3 24
$127.0M
Q2 24
$275.0M
Q1 24
$-988.0M
FCF Margin
PAAS
PAAS
WHR
WHR
Q4 25
24.1%
Q3 25
-1.3%
Q2 25
-1.7%
Q1 25
-21.9%
Q4 24
23.5%
Q3 24
3.2%
Q2 24
6.9%
Q1 24
-22.0%
Capex Intensity
PAAS
PAAS
WHR
WHR
Q4 25
3.7%
Q3 25
2.1%
Q2 25
2.2%
Q1 25
2.0%
Q4 24
3.3%
Q3 24
2.2%
Q2 24
2.8%
Q1 24
2.6%
Cash Conversion
PAAS
PAAS
WHR
WHR
Q4 25
10.45×
Q3 25
0.45×
Q2 25
0.29×
Q1 25
-10.15×
Q4 24
Q3 24
1.96×
Q2 24
1.77×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PAAS
PAAS

Segment breakdown not available.

WHR
WHR

Refrigeration$1.2B30%
Laundry$1.1B27%
Cooking$1.1B26%
Dishwashing$299.0M7%
Other$266.0M6%
Spare Parts And Warranties$139.0M3%

Related Comparisons