First Majestic Silver (AG) EBIT Margin (2010 - 2026)
First Majestic Silver's (AG) quarterly EBIT Margin came in at 47.54% in Q2 2026, up 3260.0% YoY from 1.41% in Q2 2025, and down 9.32% on a QoQ basis from 52.43% in Q4 2025.
First Majestic Silver (AG) EBIT Margin (2010 - 2026) Analysis & Trends
First Majestic Silver (AG) has 17 years of EBIT Margin data on file, last reported at 47.54% in Q2 2026.
- Quarterly EBIT Margin rose 3260.0% year-over-year to 47.54% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 39.13% (up 2646.0% YoY) and the FY2025 annual result came in at 31.58%, up 3225.0% from the prior year.
- EBIT Margin retreated to 47.54% in Q2 2026, from 52.43% in the prior quarter.
- In the past five years, EBIT Margin ranged from a high of 52.43% in Q4 2025 to a low of 91.89% in Q1 2023.
- A 5-year average of 0.23% and a median of 1.77% in 2023 frame the typical range for EBIT Margin.
- Annual changes were most pronounced in 2023 — EBIT Margin sank 9030 bps — and 2024, when it surged 7374 bps.
- Tracing AG's EBIT Margin over 5 years: stood at 16.76% in 2022, then surged by 111 bps to 1.77% in 2023, then jumped by 741 bps to 14.89% in 2024, then surged by 252 bps to 52.43% in 2025, then decreased by 9 bps to 47.54% in 2026.
- The last three EBIT Margin figures came in at 47.54% (Q2 2026), 52.43% (Q4 2025), and 27.66% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Majestic Silver | 10.46 Bn | 9.21 Bn | 223.62 Mn | 47.54% |
| 2 | Endeavour Silver | 3.24 Bn | 3.01 Bn | 74.00 Mn | 30.50% |
| 3 | Silvercorp Metals | 2.80 Bn | 2.41 Bn | 84.75 Mn | 59.19% |
| 4 | New Pacific Metals | 1.26 Bn | 1.22 Bn | - | - |
| 5 | Highlander Silver | 1.08 Bn | 978.81 Mn | 491,000.00 | 47.44% |
| 6 | Bunker Hill Mining | 181.61 Mn | 181.61 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 47.54% |
| Dec 31, 2025 | 52.43% |
| Sep 30, 2025 | 27.66% |
| Jun 30, 2025 | 14.94% |
| Mar 31, 2025 | 14.56% |
| Dec 31, 2024 | 14.89% |
| Sep 30, 2024 | 2.84% |
| Jun 30, 2024 | -10.52% |
| Mar 31, 2024 | -18.15% |
| Dec 31, 2023 | 1.77% |
| Sep 30, 2023 | -13.61% |
| Jun 30, 2023 | -12.85% |
| Mar 31, 2023 | -91.89% |
| Dec 31, 2022 | -16.76% |
| Sep 30, 2022 | -9.56% |
| Jun 30, 2022 | 2.14% |
| Mar 31, 2022 | -1.59% |
| Dec 31, 2021 | 13.80% |
| Sep 30, 2021 | -8.75% |
| Jun 30, 2021 | 10.61% |