First Majestic Silver (AG) FCF Margin (2011 - 2026)
First Majestic Silver's (AG) quarterly FCF Margin came in at 61.1% in Q2 2026, up 1506.0% YoY from 3.8% in Q2 2025, and up 89.61% on a QoQ basis from 32.23% in Q4 2025.
First Majestic Silver (AG) FCF Margin (2011 - 2026) Analysis & Trends
First Majestic Silver (AG) has 15 years of FCF Margin data on file, last reported at 61.1% in Q2 2026.
- Quarterly FCF Margin rose 1506.0% year-over-year to 61.1% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 47.44% (up 1346.0% YoY) and the FY2025 annual result came in at 41.78%, up 1824.0% from the prior year.
- FCF Margin advanced to 61.1% in Q2 2026, from 32.23% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 61.1% in Q2 2026 to a low of 186.46% in Q4 2022.
- A 5-year average of 13.12% and a median of 32.23% in 2025 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2022 — FCF Margin tumbled 7414 bps — and 2023, when it surged 9070 bps.
- Tracing AG's FCF Margin over 5 years: stood at 186.46% in 2022, then soared by 49 bps to 95.76% in 2023, then soared by 93 bps to 6.38% in 2024, then soared by 605 bps to 32.23% in 2025, then surged by 90 bps to 61.1% in 2026.
- The last three FCF Margin figures came in at 61.1% (Q2 2026), 32.23% (Q4 2025), and 53.57% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Majestic Silver | 10.46 Bn | 9.21 Bn | 223.62 Mn | 53.76% |
| 2 | Endeavour Silver | 3.24 Bn | 3.01 Bn | 74.00 Mn | 32.48% |
| 3 | Silvercorp Metals | 2.80 Bn | 2.41 Bn | 84.75 Mn | 47.79% |
| 4 | New Pacific Metals | 1.26 Bn | 1.22 Bn | - | - |
| 5 | Highlander Silver | 1.08 Bn | 978.81 Mn | 491,000.00 | - |
| 6 | Bunker Hill Mining | 181.61 Mn | 181.61 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 61.10% |
| Dec 31, 2025 | 32.23% |
| Sep 30, 2025 | 53.57% |
| Jun 30, 2025 | 46.04% |
| Mar 31, 2025 | 41.54% |
| Dec 31, 2024 | -6.38% |
| Sep 30, 2024 | 47.15% |
| Jun 30, 2024 | 29.12% |
| Mar 31, 2024 | 32.46% |
| Dec 31, 2023 | -95.76% |
| Sep 30, 2023 | 32.70% |
| Jun 30, 2023 | 35.07% |
| Mar 31, 2023 | 26.11% |
| Dec 31, 2022 | -186.46% |
| Sep 30, 2022 | 23.16% |
| Jun 30, 2022 | 30.93% |
| Mar 31, 2022 | 20.42% |
| Dec 31, 2021 | -112.33% |
| Sep 30, 2021 | 24.30% |
| Jun 30, 2021 | 22.08% |