First Majestic Silver (AG) EV to CFO (2011 - 2026)
First Majestic Silver's EV to CFO came in at 9.07 for the quarter ended Jun 30, 2026, unchanged from 9.08 a year earlier and down 34.8% from the prior quarter.
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Analysis
First Majestic Silver (AG) EV to CFO (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, First Majestic Silver reported EV to CFO of 5.82, down 17.9% year-over-year; for the year ended Dec 31, 2025, it came in at 14.49, up 56.7% from the prior year.
- Going back by year, EV to CFO was 9.25 in the year ended Dec 31, 2024 (-72.2%), 33.23 in the year ended Dec 31, 2023 (-70.0%), 110.77 in the year ended Dec 31, 2022 (+190.0%) and 38.19 in the year ended Dec 31, 2021 (+13.7%).
- The figure for the quarter ended Jun 30, 2026 represents the lowest quarterly EV to CFO since the quarter ended Dec 31, 2015.
- Year-over-year, EV to CFO increased in two of the last eight quarters, with an average decline of 26.8%.
- The fastest year-over-year change in EV to CFO over five years came in the quarter ended Sep 30, 2021 (growth of 372.0%), and the weakest in the quarter ended Sep 30, 2022 (a decline of 85.5%).
- Business Quant data shows AG's EV to CFO at 13.91 (quarter ended Mar 31, 2026), 14.49 (quarter ended Dec 31, 2025) and 10.43 (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn |
| 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 |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - |
| 10 | First Majestic Silver | 8.69 Bn | 5.16 Bn | 223.62 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.07 |
| Mar 31, 2026 | 13.91 |
| Dec 31, 2025 | 14.49 |
| Sep 30, 2025 | 10.43 |
| Jun 30, 2025 | 9.08 |
| Mar 31, 2025 | 10.32 |
| Dec 31, 2024 | 9.25 |
| Sep 30, 2024 | 28.11 |
| Jun 30, 2024 | 24.40 |
| Mar 31, 2024 | 23.76 |
| Dec 31, 2023 | 33.23 |
| Sep 30, 2023 | 58.03 |
| Jun 30, 2023 | 20.00 |
| Mar 31, 2023 | 54.20 |
| Dec 31, 2022 | 110.77 |
| Sep 30, 2022 | 14.72 |
| Jun 30, 2022 | 38.03 |
| Mar 31, 2022 | 75.67 |
| Dec 31, 2021 | 38.19 |
| Sep 30, 2021 | 101.78 |
API Access
First Majestic Silver EV to CFO 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=ev-to-cfo&ticker=AG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=AG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();