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| Date | Value |
|---|---|
| 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 |