First Majestic Silver (AG) Debt to Equity (2015 - 2025)

First Majestic Silver (AG) posted Debt to Equity of $0.09 for Q4 2025, down 40.6% quarter-over-quarter from $0.16 in Q4 2024, and down 40.6% year-on-year from $0.16 in Q4 2024.

First Majestic Silver (AG) Debt to Equity (2015 - 2025) Analysis & Trends

First Majestic Silver (AG) has reported Debt to Equity for 9 consecutive years, with $0.09 the latest figure, recorded in Q4 2025.

  • Debt to Equity for Q4 2025 came in at $0.09, down 40.6% year-over-year; the trailing twelve-month figure through Dec 2025 was $0.09 (down 40.6% YoY), and the FY2025 annual result was $0.09, down 40.6% from the prior year.
  • Debt to Equity was $0.09 for Q4 2025 at First Majestic Silver, down from $0.16 in the prior quarter.
  • Over five years, Debt to Equity peaked at $0.16 in Q4 2023 and troughed at $0.09 in Q4 2025.
  • Average Debt to Equity over 3 years is $0.13, with a median of $0.14 recorded in 2024.
  • Year-over-year, Debt to Equity dropped 3.84% in 2024 and tumbled 40.6% in 2025.
  • Over 3 years, Debt to Equity stood at $0.16 in 2023, then declined by 3.84% to $0.16 in 2024, then sank by 40.6% to $0.09 in 2025.
  • Per Business Quant data, the three most recent Debt to Equity figures were $0.09 in Q4 2025, $0.16 in Q4 2024, and $0.13 in Q3 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 First Majestic Silver 8.16 Bn 7.60 Bn 237.81 Mn 0.09
2 Endeavour Silver 2.36 Bn 2.12 Bn 93.50 Mn -
3 Silvercorp Metals 2.21 Bn 1.95 Bn 99.96 Bn -
4 New Pacific Metals 738.90 Mn 698.64 Mn - -
5 Highlander Silver 686.31 Mn 583.11 Mn 74,000.00 -
6 Bunker Hill Mining 147.77 Mn 147.77 Mn - -11.37

Historic Data

Download Data
DateValue
Dec 31, 2025 0.09
Dec 31, 2024 0.16
Sep 30, 2024 0.00
Dec 31, 2023 0.16
Dec 31, 2020 0.18
Sep 30, 2019 0.23
Jun 30, 2019 0.24
Mar 31, 2019 0.24
Dec 31, 2018 0.50
Sep 30, 2018 0.19
Jun 30, 2018 0.19
Mar 31, 2018 0.21
Dec 31, 2017 0.07
Sep 30, 2017 0.04
Jun 30, 2017 0.04
Mar 31, 2017 0.05
Dec 31, 2016 0.11
Sep 30, 2016 0.06
Jun 30, 2016 0.06
Dec 31, 2015 0.03