Pampa Energía S.A. (PAM) fundamental analysis — strengths, weaknesses & financial health based on data analysis
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Pampa Energía S.A. (PAM) stock price & volume — 10-year historical chart
Pampa Energía S.A. (PAM) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Pampa Energía S.A. (PAM) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 2, 2026 | $3.00vs $0.65+361.5% | $507Mvs $500M+1.4% |
| Q4 2025 | Nov 4, 2025 | $0.42vs $1.39-69.8% | $599Mvs $598M+0.1% |
| Q3 2025 | Aug 6, 2025 | $0.70vs $2.35-70.2% | $486Mvs $507M-4.1% |
| Q2 2025 | Mar 5, 2025 | $1.90vs $0.00 | $439Mvs $430M+2.1% |
Pampa Energía S.A. (PAM) competitors in Merchant and Diversified Power Producers — business model, growth, and fundamentals comparison
Pampa Energía S.A. (PAM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Pampa Energía S.A. (PAM) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.58B | 4.41B | 1.44B | 1.34B | 1.07B | 1.51B | 1.83B | 1.73B | 1.88B | 2.03B |
| Revenue Growth % | 188.54% | 178.22% | -67.41% | -6.69% | -19.93% | 40.54% | 21.29% | -5.3% | 8.31% | -6.14% |
| Cost of Revenue | 1.27B | 3.19B | 833M | 811M | 663M | 951M | 1.14B | 1.11B | 1.28B | 1.4B |
| Gross Profit | 313.36M▲ 0% | 1.21B▲ 287.3% | 603M▼ 50.3% | 529M▼ 12.3% | 410M▼ 22.5% | 557M▲ 35.9% | 690M▲ 23.9% | 625M▼ 9.4% | 597M▼ 4.5% | 638.51M▲ 0% |
| Gross Margin % | 19.79% | 27.55% | 41.99% | 39.48% | 38.21% | 36.94% | 37.73% | 36.09% | 31.82% | 31.39% |
| Gross Profit Growth % | 6142.2% | 287.32% | -50.32% | -12.27% | -22.5% | 35.85% | 23.88% | -9.42% | -4.48% | - |
| Operating Expenses | 199.66M | 66.4M | 447M | 67M | 167M | -22M | 59M | 201M | 157M | 184.24M |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| EBITDA | 297.85M | 1.1B | 601M | 648M | 448M | 784M | 843M | 691M | 782M | 867.68M |
| EBITDA Margin % | 18.81% | 24.92% | 41.85% | 48.36% | 41.75% | 51.99% | 46.09% | 39.9% | 41.68% | 42.66% |
| EBITDA Growth % | -11.22% | 268.6% | -45.26% | 7.82% | -30.86% | 75% | 7.53% | -18.03% | 13.17% | 0.88% |
| Depreciation & Amortization | 138.8M | 415.76M | 165M | 186M | 205M | 205M | 212M | 267M | 342M | 413.41M |
| D&A / Revenue % | 8.77% | 9.44% | 11.49% | 13.88% | 19.11% | 13.59% | 11.59% | 15.42% | 18.23% | 20.32% |
| Operating Income (EBIT) | 159.05M▲ 0% | 682.12M▲ 328.9% | 436M▼ 36.1% | 462M▲ 6.0% | 243M▼ 47.4% | 579M▲ 138.3% | 631M▲ 9.0% | 424M▼ 32.8% | 440M▲ 3.8% | 454.27M▲ 0% |
| Operating Margin % | 10.04% | 15.48% | 30.36% | 34.48% | 22.65% | 38.4% | 34.5% | 24.48% | 23.45% | 22.33% |
| Operating Income Growth % | -42.88% | 328.88% | -36.08% | 5.96% | -47.4% | 138.27% | 8.98% | -32.81% | 3.77% | - |
| Interest Expense | 149M | 199.03M | 97M | 186.53M | 173.62M | 178M | 216M | 356M | 180M | 4M |
| Interest Coverage | 1.07x | 3.43x | 4.49x | 2.48x | 1.40x | 3.25x | 2.92x | 1.19x | 2.44x | - |
| Interest / Revenue % | 9.41% | 4.52% | 6.75% | 13.92% | 16.18% | 11.8% | 11.81% | 20.55% | 9.59% | 0.2% |
| Non-Operating Income | -1000K | 1000K | -1000K | 1000K | -1000K | -1000K | -1000K | 1000K | 1000K | 2M |
| Pretax Income | -96.17M▲ 0% | 814.28M▲ 946.7% | 59M▼ 92.8% | 473M▲ 701.7% | 159M▼ 66.4% | 390M▲ 145.3% | 581M▲ 49.0% | 623M▲ 7.2% | 498M▼ 20.1% | 581.87M▲ 0% |
| Pretax Margin % | -6.07% | 18.48% | 4.11% | 35.3% | 14.82% | 25.86% | 31.77% | 35.97% | 26.55% | 28.61% |
| Income Tax | -75.74M | -52.92M | -32M | -130M | 35M | 77M | 124M | 318M | -121M | 208.04M |
| Effective Tax Rate % | 78.75% | -6.5% | -54.24% | -27.48% | 22.01% | 19.74% | 21.34% | 51.04% | -24.3% | 35.75% |
| Net Income | -5.23M▲ 0% | 681.85M▲ 13126.7% | 28M▼ 95.9% | 692M▲ 2371.4% | -367M▼ 153.0% | 273M▲ 174.4% | 456M▲ 67.0% | 302M▼ 33.8% | 619M▲ 105.0% | 373.47M▲ 0% |
| Net Margin % | -0.33% | 15.48% | 1.95% | 51.64% | -34.2% | 18.1% | 24.93% | 17.44% | 33% | 18.36% |
| Net Income Growth % | -102.21% | 13126.67% | -95.89% | 2371.43% | -153.03% | 174.39% | 67.03% | -33.77% | 104.97% | -20.6% |
| EPS (Diluted) | -0.01▲ 0% | 3.53▲ 33090.7% | 2.50▼ 29.2% | 7.79▲ 211.6% | 2.24▼ 71.2% | 5.76▲ 157.1% | 8.98▲ 55.9% | 2.14▼ 76.2% | 11.33▲ 429.4% | 6.87▲ 0% |
| EPS Growth % | -100.17% | 33090.65% | -29.18% | 211.6% | -71.25% | 157.14% | 55.9% | -76.17% | 429.44% | 7.41% |
| EPS (Basic) | -0.01 | 3.53 | 2.50 | 7.79 | 2.24 | 5.76 | 8.98 | 2.14 | 11.33 | - |
| Diluted Shares Outstanding | 69.44M | 78.84M | 78.36M | 71.96M | 62.88M | 56.2M | 55.24M | 54.64M | 54.4M | 54.38M |
Pampa Energía S.A. (PAM) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 4.87B | 11.46B | 5.68B | 5.69B | 4.9B | 3.86B | 4.74B | 4.72B | 6.34B | 6.27B |
| Asset Growth % | 116.47% | 135.09% | -50.43% | 0.11% | -13.91% | -21.12% | 22.82% | -0.42% | 34.35% | 71.74% |
| PP&E (Net) | 2.54B | 5.94B | 3.3B | 3.52B | 1.62B | 1.67B | 2.17B | 2.56B | 2.62B | 3.11B |
| PP&E / Total Assets % | 52.04% | 51.81% | 58.12% | 61.98% | 33.12% | 43.28% | 45.82% | 54.32% | 41.27% | 49.63% |
| Total Current Assets | 1.46B | 3.96B | 1.52B | 1.36B | 949.08M | 1.13B | 1.34B | 1.34B | 2.38B | 1.96B |
| Cash & Equivalents | 89.61M | 63.34M | 241.62M | 225.41M | 141.55M | 110M | 106M | 171M | 738M | 413.64M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Inventory | 211.89M | 229.18M | 137.29M | 153.41M | 116.16M | 147M | 165M | 201M | 217M | 257.21M |
| Other Current Assets | 324.9M | 1.53B | 173.84M | 3.57M | 11.89K | 0 | 0 | 0 | 1M | 206.83M |
| Long-Term Investments | 333.61M | 653.33M | 418.46M | 614.77M | 698.75M | 908M | 1.03B | 707M | 1.02B | 4.28B |
| Goodwill | 63M | 70.32M | 34.77M | 0 | 0 | 35M | 35M | 35M | 35M | 34.8M |
| Intangible Assets | 69.62M | 271.03M | 126.72M | 151.45M | 41.1M | 3M | 103M | 61M | 60M | 55.6M |
| Other Assets | 409.91M | 562.05M | 275.06M | 5.09M | 1.48B | 35M | 22M | 18M | 75M | 43.09M |
| Total Liabilities | 3.99B | 7.47B | 3.88B | 3.28B | 3.12B | 2.07B | 2.46B | 2.31B | 3.05B | 2.81B |
| Total Debt | 1.72B | 3.56B | 2.24B | 1.96B | 1.63B | 1.45B | 1.63B | 1.47B | 2.09B | 1.81B |
| Net Debt | 1.63B | 3.49B | 2B | 1.74B | 1.49B | 1.34B | 1.52B | 1.29B | 1.36B | 1.39B |
| Long-Term Debt | 952.17M | 2.85B | 1.9B | 1.76B | 1.37B | 1.36B | 1.34B | 1.22B | 1.37B | 1.48B |
| Short-Term Borrowings | 673.9M | 463.25M | 342.66M | 187.53M | 244.16M | 79M | 273M | 224M | 706M | 306.8M |
| Capital Lease Obligations | 0 | 0 | 0 | 11.96M | 10.13M | 13M | 12M | 18M | 15M | 52.06M |
| Total Current Liabilities | 1.9B | 2.56B | 1.18B | 853.68M | 448.84M | 342M | 631M | 521M | 1.3B | 732.75M |
| Accounts Payable | 523.8M | 1.28B | 430.22M | 377.5M | 97.78M | 169M | 281M | 210M | 233M | 292.52M |
| Accrued Expenses | 301.95M | 378.48M | 139.92M | 48.8M | 26.56M | 0 | 0 | 0 | 0 | 36.06M |
| Deferred Revenue | 0 | 0 | 0 | 6.13M | 2.19M | 4M | 3M | 9M | 0 | 15.42M |
| Other Current Liabilities | 203.51M | 423.93M | 129.96M | 181.03M | 67.48M | 36M | 34M | 27M | 62M | 66.6M |
| Deferred Taxes | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 704.21M |
| Other Liabilities | 1.14B | 2.05B | 798.8M | 273.43M | 1.29B | 172M | 186M | 198M | 239M | 512.55M |
| Total Equity | 887.56M▲ 0% | 3.99B▲ 349.5% | 1.8B▼ 54.9% | 2.41B▲ 34.0% | 1.77B▼ 26.5% | 1.79B▲ 1.1% | 2.28B▲ 27.5% | 2.41B▲ 5.6% | 3.29B▲ 36.6% | 3.46B▲ 0% |
| Equity Growth % | 37.12% | 349.55% | -54.95% | 34.03% | -26.5% | 1.14% | 27.53% | 5.65% | 36.55% | 81.91% |
| Shareholders Equity | 697.11M | 3.03B | 1.37B | 1.92B | 1.43B | 1.78B | 2.28B | 2.4B | 3.29B | 3.45B |
| Minority Interest | 190.45M | 955.84M | 429.22M | 490.99M | 340.56M | 6M | 7M | 9M | 9M | 8.67M |
| Common Stock | 122.22M | 111.74M | 49.77M | 28.01M | 17.26M | 36M | 36M | 36M | 36M | 990.89K |
| Additional Paid-in Capital | 304.47M | 993.66M | 491.34M | 491.42M | 328.05M | 516M | 516M | 516M | 516M | 19.74M |
| Retained Earnings | 266M | 1.37B | 610.07M | 865.9M | -21.71M | 295M | 477M | 223M | 742M | 182.61M |
| Accumulated OCI | 4.41M | 567.74M | 256.87M | 575.35M | 1.11B | 754M | 1.08B | 1.45B | 1.81B | 3.27B |
| Return on Assets (ROA) | -0.15% | 8.35% | 0.33% | 12.18% | -6.94% | 6.24% | 10.6% | 6.38% | 11.19% | 5.99% |
| Return on Equity (ROE) | -0.68% | 27.96% | 0.97% | 32.9% | -17.56% | 15.33% | 22.38% | 12.86% | 21.69% | 10.88% |
| Debt / Equity | 1.94x | 0.89x | 1.25x | 0.81x | 0.92x | 0.81x | 0.71x | 0.61x | 0.64x | 0.64x |
| Debt / Assets | 35.35% | 31.05% | 39.46% | 34.54% | 33.24% | 37.58% | 34.27% | 31.05% | 33.01% | 28.8% |
| Net Debt / EBITDA | 5.48x | 3.18x | 3.33x | 2.68x | 3.32x | 1.71x | 1.80x | 1.87x | 1.73x | 1.73x |
| Book Value per Share | 12.78 | 50.61 | 22.94 | 33.48 | 28.16 | 31.87 | 41.35 | 44.16 | 60.57 | 63.62 |
Pampa Energía S.A. (PAM) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 374.91M | 893.68M | 610M | 802M | 557.29M | 638.58M | 619M | 575M | 435M | 435M |
| Operating CF Growth % | 11.19% | 138.37% | -31.74% | 31.48% | -30.51% | 14.59% | -3.07% | -7.11% | -24.35% | 1426.98% |
| Operating CF / Revenue % | 23.68% | 20.28% | 42.48% | 59.85% | 51.94% | 42.35% | 33.84% | 33.2% | 23.19% | 21.39% |
| Net Income | -693.7K | 580.15M | 224M | 603M | 140.79M | 323.73M | 457M | 305M | 619M | 373.47M |
| Depreciation & Amortization | 138.8M | 415.76M | 165M | 186M | 204.97M | 221.42M | 212M | 276.22M | 342M | 396.76M |
| Deferred Taxes | 0 | 0 | 0 | -130M | 30.39M | 8.86M | 124M | 318M | -121M | 179.28M |
| Other Non-Cash Items | 419.75M | 110.24M | 356M | 58M | 203.54M | 117.48M | -5M | -192.22M | -69M | -200.27M |
| Working Capital Changes | -182.95M | -212.47M | -135M | 85M | -22.4M | -32.92M | -132M | -132M | -336M | -55.66M |
| Capital Expenditures | -708.27M | -1.72B | -455M | -426M | -222.48M | -499.59M | -447M | -758M | -447M | -827.44M |
| CapEx / Revenue % | 44.73% | 38.94% | 31.69% | 31.79% | 20.73% | 33.13% | 22.74% | 43.76% | 23.83% | 40.68% |
| CapEx / D&A | 5.10x | 4.13x | 2.76x | 2.29x | 1.09x | 2.26x | 1.96x | 2.74x | 1.31x | 2.09x |
| CapEx Coverage (OCF/CapEx) | 0.53x | 0.52x | 1.34x | 1.88x | 2.50x | 1.28x | 1.49x | 0.76x | 0.97x | 0.53x |
| Cash from Investing | -708.27M | -1.72B | 19M | -369M | -222.48M | -499.59M | -575M | -446M | -344M | -471.63M |
| Acquisitions | -576.72M | 0 | 0 | 0 | 6.54M | 57.44M | -67M | 71M | 108M | 0 |
| Purchase of Investments | 0 | 0 | 0 | -74M | -14.2M | -208.87M | -103M | 0 | 0 | 11.52M |
| Sale of Investments | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 2.04M |
| Other Investing | 262.22M | -733.21M | 474M | -59M | -95.95M | -139.49M | 11M | 241M | -5M | 5.88M |
| Cash from Financing | 367.66M | 752.34M | -470M | -390M | -248.45M | -197.47M | -46M | -57M | 476M | 29.85M |
| Dividends Paid | 0 | 0 | 0 | -1M | -8.29M | 0 | 0 | -1M | 0 | 0 |
| Dividend Payout Ratio % | - | 0.29% | 7.77% | 0.14% | - | - | - | 0.33% | - | - |
| Debt Issuance (Net) | 1000K | 1000K | 1000K | -1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 0 |
| Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | -3M | -341M | -141M | -100.33M | -36.82M | -18M | 0 | 0 | -19.84M |
| Other Financing | -978.18M | -285.48M | -131M | -214M | -206.88M | -15.5M | -162M | -280M | -145M | -382.3M |
| Net Change in Cash | 49.68M▲ 0% | -26.27M▼ 152.9% | 177.66M▲ 776.2% | -16M▼ 109.0% | -83.86M▼ 424.1% | -31.68M▲ 62.2% | -4M▲ 87.4% | 65M▲ 1725.0% | 567M▲ 772.3% | 80.02M▲ 0% |
| Exchange Rate Effect | 1000K | 1000K | 1000K | -1000K | -1000K | 1000K | -1000K | -1000K | 0 | -1000K |
| Cash at Beginning | 39.93M | 89.61M | 63.34M | 241M | 225.41M | 141.55M | 110M | 106M | 171M | 162.59M |
| Cash at End | 89.61M | 63.34M | 241M | 225M | 141.55M | 109.87M | 106M | 171M | 738M | 413.64M |
| Free Cash Flow | -333.35M▲ 0% | -822.12M▼ 146.6% | 155M▲ 118.9% | 376M▲ 142.6% | 334.81M▼ 11.0% | 138.99M▼ 58.5% | 172M▲ 23.7% | -183M▼ 206.4% | -12M▲ 93.4% | -172.72M▲ 0% |
| FCF Growth % | -899.14% | -146.62% | 118.85% | 142.58% | -10.95% | -58.49% | 23.75% | -206.4% | 93.44% | 42.75% |
| FCF Margin % | -21.05% | -18.66% | 10.79% | 28.06% | 31.2% | 9.22% | 9.4% | -10.57% | -0.64% | -8.49% |
| FCF / Net Income % | 6368.68% | -120.57% | 553.57% | 54.34% | -91.23% | 50.91% | 37.72% | -60.6% | -1.94% | -46.25% |
Pampa Energía S.A. (PAM) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -0.68% | 27.96% | 0.97% | 32.9% | -17.56% | 15.33% | 22.38% | 12.86% | 21.69% | 10.88% |
| EBITDA Margin | 18.81% | 24.92% | 41.85% | 48.36% | 41.75% | 51.99% | 46.09% | 39.9% | 41.68% | 42.66% |
| Net Debt / EBITDA | 5.48x | 3.18x | 3.33x | 2.68x | 3.32x | 1.71x | 1.80x | 1.87x | 1.73x | 1.73x |
| Interest Coverage | 1.07x | 3.43x | 4.49x | 2.48x | 1.40x | 3.25x | 2.92x | 1.19x | 2.44x | - |
| CapEx / Revenue | 44.73% | 38.94% | 31.69% | 31.79% | 20.73% | 33.13% | 22.74% | 43.76% | 23.83% | 40.68% |
| Dividend Payout Ratio | - | 0.29% | 7.77% | 0.14% | - | - | - | 0.33% | - | 0% |
| Debt / Equity | 1.94x | 0.89x | 1.25x | 0.81x | 0.92x | 0.81x | 0.71x | 0.61x | 0.64x | 0.64x |
| EPS Growth | -100.17% | 33090.65% | -29.18% | 211.6% | -71.25% | 157.14% | 55.9% | -76.17% | 429.44% | 7.41% |
Pampa Energía S.A. (PAM) stock FAQ — growth, dividends, profitability & financials explained
Pampa Energía S.A. (PAM) reported $2.03B in revenue for fiscal year 2024. This represents a 149% increase from $818.3M in 2013.
Pampa Energía S.A. (PAM) grew revenue by 8.3% over the past year. This is steady growth.
Yes, Pampa Energía S.A. (PAM) is profitable, generating $373.5M in net income for fiscal year 2024 (33.0% net margin).
Pampa Energía S.A. (PAM) has a return on equity (ROE) of 21.7%. This is excellent, indicating efficient use of shareholder capital.
Pampa Energía S.A. (PAM) had negative free cash flow of $172.7M in fiscal year 2024, likely due to heavy capital investments.
Pampa Energía S.A. (PAM) has a dividend payout ratio of 0%. This suggests the dividend is well-covered and sustainable.
Pampa Energía S.A. (PAM) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates