First Majestic Silver (AG) Debt to Equity (2009 - 2025)
First Majestic Silver (AG) reported Debt to Equity of $0.09 for Q4 2025, down 40.6% on a YoY basis from $0.16 in Q4 2024, and down 40.6% quarter-over-quarter from $0.16 in Q4 2024.
First Majestic Silver (AG) Debt to Equity (2009 - 2025) Analysis & Trends
First Majestic Silver has reported Debt to Equity for 10 years, with the latest figure at $0.09 in Q4 2025.
- For the quarter ending Q4 2025, Debt to Equity fell 40.6% year-over-year to $0.09; the trailing twelve-month figure through Dec 2025 stood at $0.09 (down 40.6% YoY), and the FY2025 full-year result was $0.09, down 40.6% from the prior year.
- Debt to Equity for Q4 2025 stood at $0.09, down from $0.16 in the prior quarter.
- The five-year high for Debt to Equity was $0.16 in Q4 2023, with the low at $0.09 in Q4 2025.
- Historically, Debt to Equity has averaged $0.14 across 3 years, with a median of $0.16 in 2024.
- Annual changes were most pronounced in 2024 — Debt to Equity decreased 3.84% — and 2025, when it sank 40.6%.
- First Majestic Silver's Debt to Equity stood at $0.16 in 2023, then decreased by 3.84% to $0.16 in 2024, then slumped by 40.6% to $0.09 in 2025.
- The last three Debt to Equity figures came in at $0.09 (Q4 2025), $0.16 (Q4 2024), and $0.16 (Q4 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | First Majestic Silver | 54.32 Bn | 53.75 Bn | -65.31 Mn | 0.09 |
| 2 | Silvercorp Metals | 2.47 Bn | 2.11 Bn | 77.07 Mn | 0.19 |
| 3 | Highlander Silver | 1.88 Bn | 1.80 Bn | 74,000.00 | - |
| 4 | Endeavour Silver | 1,974.55 | -232.10 Mn | 93.50 Mn | - |
| 5 | New Pacific Metals | 91.50 | -41.94 Mn | - | - |
| 6 | Bunker Hill Mining | - | - | - | -11.37 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.09 |
| Dec 31, 2024 | 0.16 |
| Dec 31, 2023 | 0.16 |
| Mar 31, 2020 | 0.23 |
| Sep 30, 2019 | 0.23 |
| Jun 30, 2019 | 0.24 |
| Mar 31, 2019 | 0.24 |
| Dec 31, 2018 | 0.25 |
| Sep 30, 2018 | 0.19 |
| Jun 30, 2018 | 0.20 |
| Mar 31, 2018 | 0.26 |
| Dec 31, 2017 | 0.05 |
| Sep 30, 2017 | 0.05 |
| Jun 30, 2017 | 0.06 |
| Mar 31, 2017 | 0.06 |
| Dec 31, 2016 | 0.08 |
| Sep 30, 2016 | 0.08 |
| Dec 31, 2015 | 0.03 |
| Dec 31, 2009 | 0.01 |