First Majestic Silver (AG) EBT Margin (2010 - 2025)
First Majestic Silver (AG) posted EBT Margin of 56.4% for Q4 2025, up 142.42% quarter-over-quarter from 23.26% in Q3 2025, and up 4470.0% year-on-year from 1.23% in Q4 2024.
First Majestic Silver (AG) EBT Margin (2010 - 2025) Analysis & Trends
First Majestic Silver (AG) has reported EBT Margin for 16 consecutive years, with 56.4% the latest figure, recorded in Q4 2025.
- EBT Margin for Q4 2025 came in at 56.4%, up 4470.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 31.42% (up 3614.0% YoY), and the FY2025 annual result was 31.42%, up 3614.0% from the prior year.
- EBT Margin was 56.4% for Q4 2025 at First Majestic Silver, up from 23.26% in the prior quarter.
- Over five years, EBT Margin peaked at 56.4% in Q4 2025 and troughed at 93.42% in Q1 2023.
- Average EBT Margin over 5 years is 5.29%, with a median of 2.17% recorded in 2024.
- Year-over-year, EBT Margin plunged 9058 bps in 2023 and jumped 6825 bps in 2024.
- Over 5 years, EBT Margin stood at 9.73% in 2021, then tumbled by 318 bps to 21.23% in 2022, then jumped by 109 bps to 1.9% in 2023, then surged by 516 bps to 11.69% in 2024, then soared by 382 bps to 56.4% in 2025.
- Per Business Quant data, the three most recent EBT Margin figures were 56.4% in Q4 2025, 23.26% in Q3 2025, and 14.39% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Majestic Silver | 8.16 Bn | 7.60 Bn | 237.81 Mn | 56.40% |
| 2 | Endeavour Silver | 2.36 Bn | 2.12 Bn | 93.50 Mn | 40.96% |
| 3 | Silvercorp Metals | 2.21 Bn | 1.95 Bn | 99.96 Bn | 0.15% |
| 4 | New Pacific Metals | 738.90 Mn | 698.64 Mn | - | - |
| 5 | Highlander Silver | 686.31 Mn | 583.11 Mn | 74,000.00 | 111.77% |
| 6 | Bunker Hill Mining | 147.77 Mn | 147.77 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 56.40% |
| Sep 30, 2025 | 23.26% |
| Jun 30, 2025 | 14.39% |
| Mar 31, 2025 | 11.91% |
| Dec 31, 2024 | 11.69% |
| Sep 30, 2024 | -1.49% |
| Jun 30, 2024 | -13.03% |
| Mar 31, 2024 | -25.17% |
| Dec 31, 2023 | 0.07% |
| Sep 30, 2023 | -17.71% |
| Jun 30, 2023 | -15.36% |
| Mar 31, 2023 | -93.42% |
| Dec 31, 2022 | -21.23% |
| Sep 30, 2022 | -12.62% |
| Jun 30, 2022 | -6.14% |
| Mar 31, 2022 | -2.84% |
| Dec 31, 2021 | 9.73% |
| Sep 30, 2021 | -15.89% |
| Jun 30, 2021 | 10.75% |
| Mar 31, 2021 | 8.52% |