First Majestic Silver (AG) EBT Margin (2010 - 2026)
First Majestic Silver's (AG) quarterly EBT Margin came in at 46.68% in Q2 2026, up 3229.0% on a YoY basis from 1.4% in Q2 2025, and down 7.67% quarter-over-quarter from 50.56% in Q1 2026.
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First Majestic Silver (AG) EBT Margin (2010 - 2026) Analysis & Trends
First Majestic Silver (AG) has reported EBT Margin for 17 consecutive years, with 46.68% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBT Margin rose 3229.0% year-over-year to 46.68%; the trailing twelve-month figure through Jun 2026 stood at 46.49% (up 3620.0% YoY), and the FY2025 full-year result was 31.42%, up 3614.0% from the prior year.
- EBT Margin retreated to 46.68% in Q2 2026 per AG's latest filing, from 50.56% in the prior quarter.
- Across five years, EBT Margin topped out at 56.4% in Q4 2025 and bottomed at 151.23% in Q4 2023.
- Historically, EBT Margin has averaged 7.92% across 5 years, with a median of 3.09% in 2022.
- The sharpest annual moves came in 2023 and 2024: EBT Margin slumped 13000 bps in 2023, then soared 16292 bps in 2024.
- Over 5 years, EBT Margin stood at 21.23% in 2022, then tumbled by 612 bps to 151.23% in 2023, then soared by 108 bps to 11.69% in 2024, then surged by 382 bps to 56.4% in 2025, then decreased by 17 bps to 46.68% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 46.68%, 50.56%, and 56.4% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coeur Mining | 21.86 Bn | 20.80 Bn | 535.85 Mn | 19.81% |
| 2 | Pan American Silver | 21.66 Bn | 20.09 Bn | 457,000.00 | 43.06% |
| 3 | Hecla Mining | 13.89 Bn | 13.40 Bn | 332.52 Mn | 40.93% |
| 4 | First Majestic Silver | 10.30 Bn | 9.46 Bn | 223.62 Mn | 46.68% |
| 5 | Endeavour Silver | 2.92 Bn | 2.68 Bn | 74.00 Mn | 37.48% |
| 6 | Silvercorp Metals | 2.75 Bn | 2.56 Bn | 104.04 Mn | 62.57% |
| 7 | Americas Gold & Silver | 1.72 Bn | 1.63 Bn | 22.23 Mn | -0.32% |
| 8 | Vizsla Silver | 1.41 Bn | 1.41 Bn | - | - |
| 9 | New Pacific Metals | 1.06 Bn | 1.06 Bn | - | - |
| 10 | Santacruz Silver Mining | 918.47 Mn | 851.45 Mn | 51.14 Mn | 33.56% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 46.68% |
| Mar 31, 2026 | 50.56% |
| 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 | -151.23% |
| 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 | -3.35% |
| Mar 31, 2022 | -2.84% |
| Dec 31, 2021 | 9.73% |
| Sep 30, 2021 | -15.89% |