First Majestic Silver (AG) EBIT Margin (2010 - 2025)
First Majestic Silver (AG) reported EBIT Margin of 46.06% for Q4 2025, down 6095.0% on a YoY basis from 0.77% in Q4 2024, and down 337.49% quarter-over-quarter from 19.39% in Q3 2025.
First Majestic Silver (AG) EBIT Margin (2010 - 2025) Analysis & Trends
First Majestic Silver has reported EBIT Margin for 16 years, with the latest figure at 46.06% in Q4 2025.
- For the quarter ending Q4 2025, EBIT Margin fell 6095.0% year-over-year to 46.06%; the trailing twelve-month figure through Dec 2025 stood at 31.58% (up 4167.0% YoY), and the FY2025 full-year result was 31.58%, up 3225.0% from the prior year.
- EBIT Margin for Q4 2025 stood at 46.06%, down from 19.39% in the prior quarter.
- The five-year high for EBIT Margin was 19.39% in Q3 2025, with the low at 91.89% in Q1 2023.
- Historically, EBIT Margin has averaged 7.83% across 5 years, with a median of 5.17% in 2021.
- Annual changes were most pronounced in 2021 — EBIT Margin soared 8919 bps — and 2023, when it sank 9030 bps.
- First Majestic Silver's EBIT Margin stood at 13.8% in 2021, then slumped by 221 bps to 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 plunged by 409 bps to 46.06% in 2025.
- The last three EBIT Margin figures came in at 46.06% (Q4 2025), 19.39% (Q3 2025), and 14.76% (Q2 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 | 54.32 Bn | 53.75 Bn | -65.31 Mn | -46.06% |
| 2 | Silvercorp Metals | 2.47 Bn | 2.11 Bn | 77.07 Mn | 58.77% |
| 3 | Highlander Silver | 1.88 Bn | 1.80 Bn | 74,000.00 | 55.34% |
| 4 | Endeavour Silver | 1,974.55 | -232.10 Mn | 93.50 Mn | 39.96% |
| 5 | New Pacific Metals | 91.50 | -41.94 Mn | - | - |
| 6 | Bunker Hill Mining | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -46.06% |
| Sep 30, 2025 | 19.39% |
| Jun 30, 2025 | 14.76% |
| Mar 31, 2025 | 14.56% |
| Dec 31, 2024 | 14.89% |
| Sep 30, 2024 | -20.14% |
| Jun 30, 2024 | -24.65% |
| 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% |
| Mar 31, 2021 | 15.41% |