First Majestic Silver (AG) EBT Margin (2010 - 2025)

First Majestic Silver (AG) reported EBT Margin of 57.44% for Q4 2025, down 6913.0% on a YoY basis from 0.84% in Q4 2024, and down 441.56% quarter-over-quarter from 16.82% in Q3 2025.

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

First Majestic Silver has reported EBT Margin for 16 years, with the latest figure at 57.44% in Q4 2025.

  • For the quarter ending Q4 2025, EBT Margin fell 6913.0% year-over-year to 57.44%; the trailing twelve-month figure through Dec 2025 stood at 31.42% (up 4883.0% YoY), and the FY2025 full-year result was 31.42%, up 3614.0% from the prior year.
  • EBT Margin for Q4 2025 stood at 57.44%, down from 16.82% in the prior quarter.
  • The five-year high for EBT Margin was 16.82% in Q3 2025, with the low at 93.42% in Q1 2023.
  • Historically, EBT Margin has averaged 12.46% across 5 years, with a median of 7.98% in 2022.
  • Annual changes were most pronounced in 2023 — EBT Margin slumped 9058 bps — and 2024, when it surged 6825 bps.
  • First Majestic Silver's EBT Margin stood at 9.73% in 2021, then plunged by 318 bps to 21.23% in 2022, then jumped by 89 bps to 2.31% in 2023, then surged by 606 bps to 11.69% in 2024, then plunged by 591 bps to 57.44% in 2025.
  • The last three EBT Margin figures came in at 57.44% (Q4 2025), 16.82% (Q3 2025), and 13.2% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 First Majestic Silver 54.32 Bn 53.75 Bn -65.31 Mn -57.44%
2 Silvercorp Metals 2.47 Bn 2.11 Bn 77.07 Mn 69.26%
3 Highlander Silver 1.88 Bn 1.80 Bn 74,000.00 111.77%
4 Endeavour Silver 1,974.55 -232.10 Mn 93.50 Mn 40.96%
5 New Pacific Metals 91.50 -41.94 Mn - -
6 Bunker Hill Mining - - - -

Historic Data

Download Data
DateValue
Dec 31, 2025 -57.44%
Sep 30, 2025 16.82%
Jun 30, 2025 13.20%
Mar 31, 2025 11.91%
Dec 31, 2024 11.69%
Sep 30, 2024 -31.90%
Jun 30, 2024 -32.62%
Mar 31, 2024 -25.17%
Dec 31, 2023 -2.31%
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%
Jun 30, 2021 10.75%
Mar 31, 2021 8.52%