First Majestic Silver AG
NYSE AG
$21.17 +0.42 (+2.02%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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%