First Majestic Silver (AG) EBITDA (2010 - 2025)

First Majestic Silver (AG) posted EBITDA of $243.2 million for Q4 2025, up 208.48% quarter-over-quarter from $78.8 million in Q3 2025, and up 847.9% year-on-year from $25.7 million in Q4 2024.

First Majestic Silver (AG) EBITDA (2010 - 2025) Analysis & Trends

First Majestic Silver (AG) has reported EBITDA for 16 consecutive years, with $243.2 million the latest figure, recorded in Q4 2025.

  • EBITDA for Q4 2025 came in at $243.2 million, up 847.9% year-over-year; the trailing twelve-month figure through Dec 2025 was $397.1 million (up 10674.35% YoY), and the FY2025 annual result was $397.1 million, up 434689.32% from the prior year.
  • EBITDA was $243.2 million for Q4 2025 at First Majestic Silver, up from $78.8 million in the prior quarter.
  • Over five years, EBITDA peaked at $243.2 million in Q4 2025 and troughed at -$181.2 million in Q3 2023.
  • Average EBITDA over 5 years is $3.0 million, with a median of $1.7 million recorded in 2022.
  • Year-over-year, EBITDA jumped 3831.47% in 2021 and tumbled 5689.8% in 2023.
  • Over 5 years, EBITDA stood at $28.3 million in 2021, then plunged by 187.86% to -$24.8 million in 2022, then jumped by 109.76% to $2.4 million in 2023, then jumped by 958.58% to $25.7 million in 2024, then surged by 847.9% to $243.2 million in 2025.
  • Per Business Quant data, the three most recent EBITDA figures were $243.2 million in Q4 2025, $78.8 million in Q3 2025, and $39.5 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 First Majestic Silver 8.16 Bn 7.60 Bn 237.81 Mn 243.23 Mn
2 Endeavour Silver 2.36 Bn 2.12 Bn 93.50 Mn 112.60 Mn
3 Silvercorp Metals 2.21 Bn 1.95 Bn 99.96 Bn 98.10 Bn
4 New Pacific Metals 738.90 Mn 698.64 Mn - -
5 Highlander Silver 686.31 Mn 583.11 Mn 74,000.00 18.83 Mn
6 Bunker Hill Mining 147.77 Mn 147.77 Mn - 21.13 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 243.23 Mn
Sep 30, 2025 78.85 Mn
Jun 30, 2025 39.48 Mn
Mar 31, 2025 35.51 Mn
Dec 31, 2024 25.66 Mn
Sep 30, 2024 4.15 Mn
Jun 30, 2024 -14.32 Mn
Mar 31, 2024 -19.24 Mn
Dec 31, 2023 2.42 Mn
Sep 30, 2023 -18.13 Mn
Jun 30, 2023 -18.85 Mn
Mar 31, 2023 -144.22 Mn
Dec 31, 2022 -24.84 Mn
Sep 30, 2022 -15.28 Mn
Jun 30, 2022 3.42 Mn
Mar 31, 2022 -2.49 Mn
Dec 31, 2021 28.27 Mn
Sep 30, 2021 -10.91 Mn
Jun 30, 2021 16.35 Mn
Mar 31, 2021 15.49 Mn