First Majestic Silver (AG) FCF Margin (2010 - 2026)
First Majestic Silver (AG) reported FCF Margin of 53.76% for the quarter ended Jun 30, 2026, up 12.86 percentage points from 40.90% a year earlier and up 1.44 percentage points from the prior quarter.
First Majestic Silver (AG) FCF Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, First Majestic Silver's FCF Margin came in at 54.03%, up 17.24 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 46.78%, up 16.10 percentage points from the prior year.
- FCF Margin has increased for three consecutive years, with a five-year change of +12.97 percentage points (years ended Dec 2020 to Dec 2025).
- By year, FCF Margin came in at 30.68% in the year ended Dec 31, 2024 (+13.00 pp), 17.68% in the year ended Dec 31, 2023 (+5.07 pp), 12.61% in the year ended Dec 31, 2022 (-8.84 pp) and 21.45% in the year ended Dec 31, 2021 (-12.36 pp).
- Five-year quarterly FCF Margin spans a low of -9.49% in the quarter ended Dec 31, 2023 and a high of 61.29% in the quarter ended Dec 31, 2025.
- Year over year, FCF Margin has now increased in each of the last eight quarters, with an average year-over-year change of +20.58 percentage points over the last eight quarters.
- The high point for year-over-year FCF Margin in five years was the quarter ended Dec 31, 2024 (a gain of 58.12 percentage points); the low point was the quarter ended Dec 31, 2022 (a drop of 54.31 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 52.32% (quarter ended Mar 31, 2026), 61.29% (quarter ended Dec 31, 2025) and 45.49% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 36.51% |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 36.04% |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 15.83% |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 13.43% |
| 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 | 54.67% |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 7.97% |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 12.31% |
| 10 | First Majestic Silver | 8.69 Bn | 5.16 Bn | 223.62 Mn | 53.76% |
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 | -9.49% |
| 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% |
First Majestic Silver FCF Margin 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=fcf-margin&ticker=AG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=AG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();