First Majestic Silver (AG) EV to EBITDA (2010 - 2026)
First Majestic Silver's (AG) EV to EBITDA came in at 7.57 for the quarter ended Jun 30, 2026, down 4.0% from 7.88 a year earlier and down 34.0% from the prior quarter.
First Majestic Silver (AG) EV to EBITDA (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to EBITDA at First Majestic Silver was 4.85, down 21.1% year-over-year; for the year ended Dec 31, 2025, it came in at 11.52, down 0.2% from the prior year.
- In prior years, First Majestic Silver's EV to EBITDA was 11.54 in the year ended Dec 31, 2024, 11.91 in the year ended Dec 31, 2022 (-24.0%) and 15.67 in the year ended Dec 31, 2021 (-43.4%).
- The figure for the quarter ended Jun 30, 2026 stands as the lowest quarterly EV to EBITDA since the quarter ended Mar 31, 2018.
- On a year-over-year basis, EV to EBITDA increased in 1 of the last seven quarters, with an average decline of 47.4%.
- The strongest year-over-year quarter for EV to EBITDA in the past five years was the quarter ended Jun 30, 2023, with growth of 718.3%; the weakest was the quarter ended Mar 31, 2025, with a decline of 92.2%.
- According to Business Quant data, EV to EBITDA for the three prior quarters was 11.48 (quarter ended Mar 31, 2026), 11.52 (quarter ended Dec 31, 2025) and 8.71 (quarter ended Sep 30, 2025).
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
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.57 |
| Mar 31, 2026 | 11.48 |
| Dec 31, 2025 | 11.52 |
| Sep 30, 2025 | 8.71 |
| Jun 30, 2025 | 7.88 |
| Mar 31, 2025 | 9.45 |
| Dec 31, 2024 | 11.55 |
| Sep 30, 2024 | 54.43 |
| Jun 30, 2024 | 91.72 |
| Mar 31, 2024 | 120.80 |
| Sep 30, 2023 | 289.08 |
| Jun 30, 2023 | 90.31 |
| Mar 31, 2023 | 46.60 |
| Dec 31, 2022 | 11.91 |
| Sep 30, 2022 | 11.42 |
| Jun 30, 2022 | 11.04 |
| Mar 31, 2022 | 19.44 |
| Dec 31, 2021 | 15.67 |
| Sep 30, 2021 | 15.96 |
| Jun 30, 2021 | 17.68 |
First Majestic Silver EV to EBITDA 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-ebitda&ticker=AG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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-ebitda&ticker=AG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();