Last 46 quarters of trend data · Utilities · Independent Power Producers
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Pampa Energía S.A.'s quarterly P/E stands at 26.8x, up 385.9% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has compressed 9.3% YoY to 4.2x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 7.28 | 26.81 | 18.45 | 6.84 | 10.67 | 5.52 | 5.92 | 2.19 | — | 3.14 | 3.25 | 3.26 | 3.19 |
| — | +385.9% | +211.8% | +212.8% | — | +75.5% | +81.9% | -32.9% | — | +76.8% | -20.6% | -3.5% | -51.0% | |
| P/S Ratio | 2.36 | 1.36 | 1.94 | 2.54 | 2.23 | 1.55 | 1.20 | 1.46 | 0.91 | 1.07 | 1.37 | 1.13 | 0.50 |
| — | -11.9% | +61.3% | +73.3% | +145.1% | +44.8% | -12.2% | +29.1% | +81.2% | +60.0% | +124.1% | +43.3% | -14.5% | |
| P/B Ratio | 1.36 | 0.94 | 1.08 | 1.21 | 1.45 | 1.02 | 0.80 | 0.82 | 1.12 | 0.74 | 0.90 | 0.74 | 0.77 |
| — | -7.2% | +35.5% | +46.8% | +30.0% | +38.1% | -11.5% | +10.4% | +44.6% | +28.8% | +60.4% | +9.9% | +18.1% | |
| P/FCF | — | 7.25 | — | — | 27.84 | 11.35 | — | — | — | — | — | — | — |
| — | -36.1% | — | — | — | — | — | — | — | — | — | — | — | |
| EV / EBITDA | 7.40 | 4.17 | 6.21 | 6.75 | 8.86 | 4.59 | 4.78 | 5.02 | 4.60 | 4.62 | 4.82 | 4.71 | 2.49 |
| — | -9.3% | +30.0% | +34.4% | +92.6% | -0.6% | -0.8% | +6.7% | +84.8% | +37.8% | -18.8% | +25.1% | -17.1% | |
| EV / EBIT | 13.16 | 6.57 | 6.52 | 7.32 | 7.57 | 10.79 | 6.88 | 5.39 | 2.64 | 3.04 | 7.97 | 7.75 | 2.34 |
| — | -39.1% | -5.2% | +35.8% | +186.9% | +255.0% | -13.7% | -30.5% | +12.8% | +14.6% | +34.3% | +23.9% | -63.4% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Pampa Energía S.A.'s operating margin was 25.2% in Q3 2025, up 1.9 pp QoQ and down 4.0 pp YoY. The trailing four-quarter average of 22.7% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 26.0% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 31.8% | 41.0% | 30.0% | 31.2% | 22.0% | 32.6% | 38.6% | 35.7% | 31.5% | 37.9% | 38.9% | 39.6% | 36.7% |
| — | +26.0% | -22.2% | -12.6% | -30.2% | -14.0% | -0.8% | -10.1% | -14.1% | +0.5% | +7.0% | -5.9% | +21.8% | |
| Operating Margin | 23.5% | 25.2% | 23.3% | 29.2% | 13.0% | 29.2% | 23.8% | 29.7% | 13.0% | 31.2% | 32.0% | 31.2% | 25.5% |
| — | -13.8% | -2.3% | -1.5% | +0.1% | -6.3% | -25.7% | -4.8% | -49.2% | -7.4% | +8.8% | +3.7% | -10.0% | |
| Net Margin | 33.0% | 5.0% | 8.2% | 37.0% | 28.1% | 27.3% | 20.0% | 66.6% | -5.5% | 32.0% | 38.2% | 32.1% | 24.7% |
| — | -81.5% | -58.8% | -44.5% | +610.0% | -14.7% | -47.7% | +107.6% | -122.3% | -7.6% | +167.6% | +37.2% | +131.3% |
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 21.7% | 0.9% | 1.1% | 4.5% | 4.6% | 4.6% | 3.4% | 10.1% | -1.6% | 5.7% | 6.5% | 5.4% | 9.7% |
| — | -81.2% | -66.3% | -55.4% | +393.9% | -18.3% | -47.6% | +86.1% | -116.3% | -26.9% | +93.8% | +4.9% | +219.5% | |
| ROA | 11.2% | 0.5% | 0.6% | 2.4% | 2.5% | 2.5% | 1.9% | 5.4% | -0.8% | 2.9% | 3.2% | 2.6% | 4.6% |
| — | -80.8% | -65.3% | -54.6% | +399.0% | -13.4% | -41.8% | +103.2% | -117.8% | -20.3% | +102.2% | +8.4% | +231.3% | |
| ROIC | 7.9% | 2.3% | 1.7% | 1.9% | 1.1% | 2.5% | 2.0% | 2.2% | 1.8% | 2.7% | 2.6% | 2.4% | 4.5% |
| — | -8.8% | -15.0% | -14.6% | -37.9% | -5.3% | -20.1% | -6.6% | -59.3% | -19.9% | -17.0% | -17.6% | +28.6% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Pampa Energía S.A.'s Debt/EBITDA ratio is 6.5x, down from 7.6x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 11.3% YoY to 2.68x, strengthening the short-term liquidity position.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.64 | 0.52 | 0.46 | 0.49 | 0.64 | 0.55 | 0.54 | 0.55 | 0.61 | 0.60 | 0.63 | 0.69 | 0.71 |
| — | -4.2% | -14.5% | -12.2% | +4.6% | -9.0% | -15.1% | -19.4% | -14.6% | -18.9% | -13.2% | -8.6% | -12.2% | |
| Debt / EBITDA | 2.68 | 6.46 | 7.65 | 8.27 | 12.09 | 6.87 | 8.00 | 8.53 | 6.77 | 8.73 | 8.37 | 9.38 | 4.93 |
| — | -5.9% | -4.4% | -3.0% | +78.7% | -21.3% | -4.4% | -9.1% | +37.1% | +11.5% | -40.1% | +12.8% | -28.9% | |
| Current Ratio | 1.83 | 2.68 | 2.70 | 1.82 | 1.83 | 2.41 | 2.33 | 2.63 | 2.56 | 2.21 | 1.97 | 2.01 | 2.13 |
| — | +11.3% | +16.1% | -30.6% | -28.7% | +9.0% | +18.1% | +31.1% | +20.5% | -9.4% | -31.7% | -35.5% | -35.3% | |
| Quick Ratio | 1.66 | 2.33 | 2.33 | 1.59 | 1.66 | 2.14 | 2.02 | 2.27 | 2.18 | 1.92 | 1.75 | 1.72 | 1.87 |
| — | +8.9% | +15.4% | -29.9% | -23.8% | +11.2% | +14.9% | +32.1% | +16.7% | -9.6% | -29.3% | -34.8% | -34.7% | |
| Interest Coverage | 2.44 | 4.63 | 2.61 | 3.10 | 1.66 | 4.40 | 2.90 | 2.26 | 1.38 | 1.75 | 1.39 | 2.03 | 3.80 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 46 years · Updated daily
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Pampa Energía S.A.'s current P/E is 7.3x. The average P/E over the last 4 quarters is 15.7x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Pampa Energía S.A.'s current operating margin is 23.5%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Pampa Energía S.A.'s business trajectory between earnings reports.