First Majestic Silver (AG) EV to CFO (2010 - 2026)
First Majestic Silver's (AG) quarterly EV to CFO came in at 35.88 in Q2 2026, up 32.72% on a YoY basis from 27.03 in Q2 2025, and down 13.72% quarter-over-quarter from 41.58 in Q1 2026.
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First Majestic Silver (AG) EV to CFO (2010 - 2026) Analysis & Trends
First Majestic Silver (AG) has reported EV to CFO for 17 consecutive years, with 35.88 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to CFO rose 32.72% year-over-year to 35.88; the trailing twelve-month figure through Jun 2026 stood at 9.07 (changed 0.05% YoY), and the FY2025 full-year result was 14.49, up 56.7% from the prior year.
- EV to CFO slipped to 35.88 in Q2 2026 per AG's latest filing, from 41.58 in the prior quarter.
- Across five years, EV to CFO topped out at 123.4 in Q1 2024 and bottomed at 386.51 in Q1 2023.
- Historically, EV to CFO has averaged 13.41 across 5 years, with a median of 29.97 in 2025.
- The sharpest annual moves came in 2022 and 2023: EV to CFO tumbled 587.66% in 2022, then surged 150.22% in 2023.
- Over 5 years, EV to CFO stood at 142.52 in 2022, then jumped by 68.84% to 44.41 in 2023, then jumped by 138.76% to 17.21 in 2024, then soared by 65.32% to 28.46 in 2025, then rose by 26.07% to 35.88 in 2026.
- According to Business Quant data, EV to CFO over the past three periods registered 35.88, 41.58, and 28.46 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coeur Mining | 21.86 Bn | 20.80 Bn | 535.85 Mn |
| 2 | Pan American Silver | 21.66 Bn | 20.09 Bn | 457,000.00 |
| 3 | Hecla Mining | 13.89 Bn | 13.40 Bn | 332.52 Mn |
| 4 | First Majestic Silver | 10.30 Bn | 9.46 Bn | 223.62 Mn |
| 5 | Endeavour Silver | 2.92 Bn | 2.68 Bn | 74.00 Mn |
| 6 | Silvercorp Metals | 2.75 Bn | 2.56 Bn | 104.04 Mn |
| 7 | Americas Gold & Silver | 1.72 Bn | 1.63 Bn | 22.23 Mn |
| 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 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 35.88 |
| Mar 31, 2026 | 41.58 |
| Dec 31, 2025 | 28.46 |
| Sep 30, 2025 | 31.49 |
| Jun 30, 2025 | 27.03 |
| Mar 31, 2025 | 36.28 |
| Dec 31, 2024 | 17.21 |
| Sep 30, 2024 | 47.73 |
| Jun 30, 2024 | 88.42 |
| Mar 31, 2024 | 123.40 |
| Dec 31, 2023 | -44.41 |
| Sep 30, 2023 | 60.80 |
| Jun 30, 2023 | 65.68 |
| Mar 31, 2023 | -386.51 |
| Dec 31, 2022 | -142.52 |
| Sep 30, 2022 | 27.57 |
| Jun 30, 2022 | -130.80 |
| Mar 31, 2022 | -168.64 |
| Dec 31, 2021 | 29.22 |
| Sep 30, 2021 | -169.79 |