First Majestic Silver (AG) FCF Margin (2010 - 2025)
First Majestic Silver (AG) posted FCF Margin of 57.38% for Q4 2025, up 44.38% quarter-over-quarter from 39.74% in Q3 2025, and up 2191.0% year-on-year from 2.5% in Q4 2024.
First Majestic Silver (AG) FCF Margin (2010 - 2025) Analysis & Trends
First Majestic Silver (AG) has reported FCF Margin for 15 consecutive years, with 57.38% the latest figure, recorded in Q4 2025.
- FCF Margin for Q4 2025 came in at 57.38%, up 2191.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 41.78% (up 1824.0% YoY), and the FY2025 annual result was 41.78%, up 1824.0% from the prior year.
- FCF Margin was 57.38% for Q4 2025 at First Majestic Silver, up from 39.74% in the prior quarter.
- Over five years, FCF Margin peaked at 57.38% in Q4 2025 and troughed at 12.6% in Q4 2022.
- Average FCF Margin over 5 years is 14.85%, with a median of 12.27% recorded in 2024.
- Year-over-year, FCF Margin slumped 6321798 bps in 2021 and jumped 4735 bps in 2022.
- Over 5 years, FCF Margin stood at 36.55% in 2021, then plunged by 134 bps to 12.6% in 2022, then surged by 54 bps to 5.74% in 2023, then surged by 718 bps to 35.47% in 2024, then jumped by 62 bps to 57.38% in 2025.
- Per Business Quant data, the three most recent FCF Margin figures were 57.38% in Q4 2025, 39.74% in Q3 2025, and 34.12% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Majestic Silver | 8.16 Bn | 7.60 Bn | 237.81 Mn | 57.38% |
| 2 | Endeavour Silver | 2.36 Bn | 2.12 Bn | 93.50 Mn | 27.94% |
| 3 | Silvercorp Metals | 2.21 Bn | 1.95 Bn | 99.96 Bn | -13.34% |
| 4 | New Pacific Metals | 738.90 Mn | 698.64 Mn | - | - |
| 5 | Highlander Silver | 686.31 Mn | 583.11 Mn | 74,000.00 | - |
| 6 | Bunker Hill Mining | 147.77 Mn | 147.77 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 57.38% |
| Sep 30, 2025 | 39.74% |
| Jun 30, 2025 | 34.12% |
| Mar 31, 2025 | 22.79% |
| Dec 31, 2024 | 35.47% |
| Sep 30, 2024 | 28.11% |
| Jun 30, 2024 | 12.38% |
| Mar 31, 2024 | 12.17% |
| Dec 31, 2023 | 0.00% |
| Sep 30, 2023 | 14.34% |
| Jun 30, 2023 | 14.09% |
| Mar 31, 2023 | -1.16% |
| Dec 31, 2022 | -12.60% |
| Sep 30, 2022 | 39.99% |
| Jun 30, 2022 | -7.79% |
| Mar 31, 2022 | -9.53% |
| Dec 31, 2021 | 36.55% |
| Sep 30, 2021 | -7.37% |
| Jun 30, 2021 | -9.43% |
| Mar 31, 2021 | 9.67% |