First Majestic Silver (AG) Free Cash Flow (2011 - 2025)

First Majestic Silver (AG) reported Free Cash Flow of $266.2 million for Q4 2025, up 335.44% on a YoY basis from $61.1 million in Q4 2024, and up 134.97% quarter-over-quarter from $113.3 million in Q3 2025.

First Majestic Silver (AG) Free Cash Flow (2011 - 2025) Analysis & Trends

First Majestic Silver has reported Free Cash Flow for 15 years, with the latest figure at $266.2 million in Q4 2025.

  • For the quarter ending Q4 2025, Free Cash Flow rose 335.44% year-over-year to $266.2 million; the trailing twelve-month figure through Dec 2025 stood at $525.2 million (up 298.05% YoY), and the FY2025 full-year result was $525.2 million, up 298.05% from the prior year.
  • Free Cash Flow for Q4 2025 stood at $266.2 million, up from $113.3 million in the prior quarter.
  • The five-year high for Free Cash Flow was $266.2 million in Q4 2025, with the low at -$18.7 million in Q4 2022.
  • Historically, Free Cash Flow has averaged $39.2 million across 5 years, with a median of $18.0 million in 2023.
  • Annual changes were most pronounced in 2022 — Free Cash Flow plunged 253.7% — and 2024, when it surged 808.01%.
  • First Majestic Silver's Free Cash Flow stood at $74.9 million in 2021, then slumped by 124.93% to -$18.7 million in 2022, then jumped by 151.22% to $9.6 million in 2023, then surged by 539.36% to $61.1 million in 2024, then surged by 335.44% to $266.2 million in 2025.
  • The last three Free Cash Flow figures came in at $266.2 million (Q4 2025), $113.3 million (Q3 2025), and $90.2 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 First Majestic Silver 54.32 Bn 53.75 Bn -65.31 Mn 266.18 Mn
2 Silvercorp Metals 2.47 Bn 2.11 Bn 77.07 Mn 137.60 Mn
3 Highlander Silver 1.88 Bn 1.80 Bn 74,000.00 -
4 Endeavour Silver 1,974.55 -232.10 Mn 93.50 Mn -766.40 Mn
5 New Pacific Metals 91.50 -41.94 Mn - -827,568.00
6 Bunker Hill Mining - - - 1.36 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 266.18 Mn
Dec 31, 2025 266.18 Mn
Sep 30, 2025 113.28 Mn
Sep 30, 2025 113.28 Mn
Jun 30, 2025 90.16 Mn
Jun 30, 2025 90.16 Mn
Mar 31, 2025 55.59 Mn
Mar 31, 2025 55.59 Mn
Dec 31, 2024 61.13 Mn
Dec 31, 2024 61.13 Mn
Sep 30, 2024 41.06 Mn
Sep 30, 2024 41.06 Mn
Jun 30, 2024 16.86 Mn
Jun 30, 2024 16.86 Mn
Mar 31, 2024 12.90 Mn
Mar 31, 2024 12.90 Mn
Dec 31, 2023 9.56 Mn
Dec 31, 2023 9.56 Mn
Sep 30, 2023 19.10 Mn
Sep 30, 2023 19.10 Mn