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 | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 151.38 Bn | 130.17 Bn | 2.90 Bn | 36.51% |
| 3 | Rio Tinto | 135.17 Bn | 95.67 Bn | - | - |
| 4 | Newmont | 115.47 Bn | 80.61 Bn | 4.22 Bn | 30.05% |
| 5 | Freeport-Mcmoran | 93.51 Bn | 77.55 Bn | 2.19 Bn | 13.43% |
| 6 | Agnico Eagle Mines | 87.07 Bn | 76.70 Bn | 2.43 Bn | 77.66% |
| 7 | Barrick Mining | 65.15 Bn | 40.35 Bn | 2.90 Bn | 9.73% |
| 8 | Nucor | 60.22 Bn | 49.60 Bn | 2.03 Bn | 7.97% |
| 9 | ArcelorMittal | 45.40 Bn | 24.42 Bn | - | 12.31% |
| 10 | First Majestic Silver | 7.12 Bn | 3.18 Bn | 223.62 Mn | 61.10% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 61.10% |
| Mar 31, 2026 | 56.89% |
| Dec 31, 2025 | -13.01% |
| Sep 30, 2025 | 53.57% |
| Jun 30, 2025 | 46.04% |
| Mar 31, 2025 | 41.54% |
| Dec 31, 2024 | -61.56% |
| Sep 30, 2024 | 47.15% |
| Jun 30, 2024 | 29.12% |
| Mar 31, 2024 | 32.46% |
| Dec 31, 2023 | -161.88% |
| Sep 30, 2023 | 32.70% |
| Jun 30, 2023 | 35.07% |
| Mar 31, 2023 | 23.13% |
| Dec 31, 2022 | -236.71% |
| Sep 30, 2022 | 64.46% |
| Jun 30, 2022 | 22.62% |
| Mar 31, 2022 | 8.32% |
| Dec 31, 2021 | -96.09% |
| Sep 30, 2021 | 14.68% |
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();