First Majestic Silver (AG) FCF Margin (2010 - 2026)
First Majestic Silver's (AG) quarterly FCF Margin came in at 53.76% in Q2 2026, up 1286.0% on a YoY basis from 3.88% in Q2 2025, and up 2.76% quarter-over-quarter from 52.32% in Q1 2026.
Analysis
First Majestic Silver (AG) FCF Margin (2010 - 2026) Analysis & Trends
First Majestic Silver (AG) has reported FCF Margin for 17 consecutive years, with 53.76% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin rose 1286.0% year-over-year to 53.76%; the trailing twelve-month figure through Jun 2026 stood at 54.03% (up 1724.0% YoY), and the FY2025 full-year result was 46.78%, up 1610.0% from the prior year.
- FCF Margin improved to 53.76% in Q2 2026 per AG's latest filing, from 52.32% in the prior quarter.
- Across five years, FCF Margin topped out at 61.29% in Q4 2025 and bottomed at 8.09% in Q1 2022.
- Historically, FCF Margin has averaged 29.14% across 5 years, with a median of 29.35% in 2024.
- The widest YoY moves for FCF Margin: up 5048 bps in 2022, down 5431 bps in 2022.
- Over 5 years, FCF Margin stood at 0.68% in 2022, then surged by 5173 bps to 35.87% in 2023, then surged by 36 bps to 48.62% in 2024, then climbed by 26 bps to 61.29% in 2025, then dropped by 12 bps to 53.76% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 53.76%, 52.32%, and 61.29% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coeur Mining | 21.86 Bn | 20.80 Bn | 535.85 Mn | 35.70% |
| 2 | Pan American Silver | 21.66 Bn | 20.09 Bn | 457,000.00 | 37,277.58% |
| 3 | Hecla Mining | 13.89 Bn | 13.40 Bn | 332.52 Mn | 40.67% |
| 4 | First Majestic Silver | 10.30 Bn | 9.46 Bn | 223.62 Mn | 53.76% |
| 5 | Endeavour Silver | 2.92 Bn | 2.68 Bn | 74.00 Mn | 32.48% |
| 6 | Silvercorp Metals | 2.75 Bn | 2.56 Bn | 104.04 Mn | 44.48% |
| 7 | Americas Gold & Silver | 1.72 Bn | 1.63 Bn | 22.23 Mn | 142.90% |
| 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 | 19.28% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 53.76% |
| Mar 31, 2026 | 52.32% |
| Dec 31, 2025 | 61.29% |
| Sep 30, 2025 | 45.49% |
| Jun 30, 2025 | 40.90% |
| Mar 31, 2025 | 27.06% |
| Dec 31, 2024 | 48.62% |
| Sep 30, 2024 | 31.64% |
| Jun 30, 2024 | 15.42% |
| Mar 31, 2024 | 19.79% |
| Dec 31, 2023 | 35.87% |
| Sep 30, 2023 | 22.48% |
| Jun 30, 2023 | 18.24% |
| Mar 31, 2023 | 2.42% |
| Dec 31, 2022 | 0.68% |
| Sep 30, 2022 | 53.51% |
| Jun 30, 2022 | 3.07% |
| Mar 31, 2022 | -8.09% |
| Dec 31, 2021 | 54.99% |
| Sep 30, 2021 | 3.02% |