Pampa Energía S.A. (PAM) Key Metrics

NYSE: PAMValuation, returns, debt and efficiency ratios over 2 years.

PAM valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$4.35B
Enterprise value
$5.89B
P/E (TTM)
7.4
Forward P/E
6.7
PEG ratio
0.84
Price / sales
1.8
Price / book
1.1
EV / EBITDA
6.9
Dividend yield
—
Beta
−0.24

PAM key metrics, 2024–2025

Fiscal year ended December 31, 2025 · U.S. dollars

PAM valuation Price multiples at each fiscal year-end price.

P/E ratio+65.3%
12.8
2025 · hover or tap a bar for each year
2024: 7.72025: 12.8 (+65.3%)
20242025
Price / sales−5.5%
2.4
2025 · hover or tap a bar for each year
2024: 2.62025: 2.4 (−5.5%)
20242025
Price / book−8.3%
1.3
2025 · hover or tap a bar for each year
2024: 1.52025: 1.3 (−8.3%)
20242025
EV / EBITDA−6.6%
4.8
2025 · hover or tap a bar for each year
2024: 5.12025: 4.8 (−6.6%)
20242025
Free cash flow yield−5.6 pts
−5.9%
2025 · hover or tap a bar for each year
2024: −0.3%2025: −5.9% (−5.6 pts)
20242025

PAM valuation history

Fiscal year-endToday2-year median

PAM returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

PAM debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

PAM cash returned to shareholders

DividendsBuybacksFree cash flow

PAM price vs earnings per share

Share price at year-endEPS (right axis)

PAM key metrics

2024–2025
Pampa Energía S.A. key metrics by fiscal year
20252024
Valuation
Market capitalization$4.81B$4.78B
Enterprise value$5.65B$5.21B
P/E ratio12.87.7
Price / sales2.42.6
Price / book1.31.5
Price / operating cash flow7.011.0
EV / sales2.82.8
EV / EBITDA4.85.1
Earnings yield7.8%12.9%
Free cash flow yield−5.9%−0.3%
Dividend yield0.0%0.0%
Shareholder yield (dividends + buybacks)1.1%0.0%
Share price at fiscal year-end$88.51$87.94
Per share
Revenue per share$36.73$34.49
Earnings per share$6.93$11.38
Operating cash flow per share$12.58$8.00
Free cash flow per share−$5.21−$0.22
Cash per share$20.10$30.66
Book value per share$66.26$60.40
Tangible book value per share$64.61$58.66
Dividends per share$0.02$0.00
Capex per share$17.79$8.22
Debt per share$35.54$38.49
Shares outstanding54.4M54.4M
Change in shares outstanding0.0%—
Returns & profitability
Return on equity (ROE)10.9%18.8%
Return on invested capital (ROIC)5.3%11.9%
Return on assets (ROA)5.8%9.8%
Return on tangible assets5.8%9.9%
Free cash flow margin−14.2%−0.6%
Income quality (OCF / net income)1.820.70
Financial health
Total debt$1.93B$2.09B
Cash & short-term investments$1.09B$1.67B
Net debt$839.7M$426.0M
Debt / equity0.540.64
Debt / assets0.290.33
Net debt / EBITDA0.710.42
Current ratio3.111.83
Quick ratio2.751.66
Interest coverage1.82.4
Working capital$1.35B$1.08B
Invested capital$4.44B$3.71B
Tangible asset value$3.52B$3.20B
Net current asset value−$1.00B−$670.0M
Graham number$101.65$124.36
Graham net-net per share−$24.64−$18.51
Capital allocation
Dividends paid$1.0M$35,904
Share buybacks (net)$54.3M$0
Dividend payout ratio0.3%0.0%
Capex / revenue48.4%23.8%
Capex / operating cash flow141.4%102.8%
Capex / depreciation2.341.31
Stock-based compensation / revenue—0.0%
SG&A / revenue12.3%11.7%
Efficiency
Days sales outstanding86.968.9
Days of inventory on hand59.761.9
Days payables outstanding76.866.5
Cash conversion cycle (days)69.964.3
Receivables turnover4.205.30
Payables turnover4.765.49
Inventory turnover6.115.89
Asset turnover0.310.30
Average receivables$475.6M$354.0M
Average payables$287.9M$233.0M
Average inventory$224.1M$217.0M
Intangibles / total assets1.4%1.5%

Computed from PAM's annual financial statements (latest annual report filed April 9, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.

PAM valuation and financial ratios

At the end of fiscal 2025 (December 31, 2025), Pampa Energía traded at 12.8 times earnings. Based on the latest twelve months, the trailing P/E is 7.4 and the forward P/E is 6.7. Pampa Energía earned a return on equity of 10.9% and a return on invested capital of 5.3% in fiscal 2025. It ended the year with $1.9 billion of debt and $1.1 billion in cash and short-term investments, net debt of $839.7 million. It returned $55.3 million to shareholders: $1.0 million in dividends and $54.3 million in share buybacks.

See the PAM income statement, the PAM chart for price history, or the PAM stock overview for the latest quote and news.

PAM key metrics FAQ

What is Pampa Energía's P/E ratio?

Pampa Energía's trailing P/E ratio is 7.4 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 6.7. At the end of fiscal 2025 it was 12.8.

What is Pampa Energía's EV/EBITDA?

Pampa Energía's enterprise value was 4.8 times EBITDA at the end of fiscal 2025 (enterprise value $5.7 billion, EBITDA $1.2 billion); the current EV/EBITDA is 6.9.

What is Pampa Energía's return on equity?

Pampa Energía's return on equity (ROE) was 10.9% in fiscal 2025: net income of $377.0 million on average shareholders' equity of $3.4 billion.

What is Pampa Energía's ROIC?

Pampa Energía's return on invested capital was 5.3% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does Pampa Energía have?

Pampa Energía had total debt of $1.9 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.54 and $839.7 million of net debt (0.71 times EBITDA).

What is Pampa Energía's dividend yield?

Pampa Energía paid $1.0 million in dividends in fiscal 2025 ($0.02 per share), a payout ratio of 0.3%.

Does Pampa Energía buy back its shares?

Yes. Pampa Energía spent $54.3 million on net share repurchases in fiscal 2025 Shares outstanding changed 0.0% over the year, to 54.4M..

What is Pampa Energía's free cash flow yield?

Pampa Energía generated -$283.2 million of free cash flow in fiscal 2025, a free cash flow yield of −5.9% on its market value at year-end ($4.8 billion).

What is Pampa Energía's current ratio?

Pampa Energía's current ratio was 3.11 at the end of fiscal 2025: current assets were 3.11 times current liabilities.

Conglomerates key metrics