First Majestic Silver (AG) EBITDA Margin (2010 - 2026)
First Majestic Silver (AG) posted EBITDA Margin of 59.28% for the quarter ended Jun 30, 2026, up 16.31 percentage points from 42.97% a year earlier but down 2.27 percentage points from the prior quarter.
First Majestic Silver (AG) EBITDA Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBITDA Margin at First Majestic Silver was 60.31%, up 22.94 percentage points year-over-year; for the year ended Dec 31, 2025, it was 52.65%, up 30.93 percentage points from the prior year.
- Annual EBITDA Margin shows a five-year change of +26.09 percentage points (years ended Dec 2020 to Dec 2025).
- In prior years, First Majestic Silver's EBITDA Margin was 21.72% in the year ended Dec 31, 2024 (+60.28 pp), -38.56% in the year ended Dec 31, 2023 (-66.85 pp), 28.29% in the year ended Dec 31, 2022 (-0.38 pp) and 28.67% in the year ended Dec 31, 2021 (+2.11 pp).
- Quarterly EBITDA Margin has run from a low of -69.71% in the quarter ended Mar 31, 2023 to a high of 68.11% in the quarter ended Dec 31, 2025 over five years.
- On a year-over-year basis, EBITDA Margin has increased in each of the last ten quarters, with an average year-over-year change of +27.79 percentage points over the last eight quarters.
- The strongest year-over-year quarter for EBITDA Margin in the past five years was the quarter ended Mar 31, 2024, with a gain of 76.28 percentage points; the weakest was the quarter ended Mar 31, 2023, with a drop of 87.86 percentage points.
- According to Business Quant data, EBITDA Margin for the three prior quarters was 61.56% (quarter ended Mar 31, 2026), 68.11% (quarter ended Dec 31, 2025) and 47.02% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 66.43% |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 26.35% |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 16.64% |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 35.94% |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 62.11% |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 19.35% |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | - |
| 10 | First Majestic Silver | 8.69 Bn | 5.16 Bn | 223.62 Mn | 59.28% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 59.28% |
| Mar 31, 2026 | 61.56% |
| Dec 31, 2025 | 68.11% |
| Sep 30, 2025 | 47.02% |
| Jun 30, 2025 | 42.97% |
| Mar 31, 2025 | 40.29% |
| Dec 31, 2024 | 35.23% |
| Sep 30, 2024 | 24.91% |
| Jun 30, 2024 | 12.97% |
| Mar 31, 2024 | 6.58% |
| Dec 31, 2023 | -13.60% |
| Sep 30, 2023 | 7.68% |
| Jun 30, 2023 | 9.63% |
| Mar 31, 2023 | -69.71% |
| Dec 31, 2022 | 60.23% |
| Sep 30, 2022 | 13.05% |
| Jun 30, 2022 | 23.86% |
| Mar 31, 2022 | 18.15% |
| Dec 31, 2021 | 35.12% |
| Sep 30, 2021 | 14.94% |
First Majestic Silver EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=AG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "AG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=AG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();