First Majestic Silver (AG) Inventory (2009 - 2026)
First Majestic Silver (AG) reported Inventory of $106.49 million for the quarter ended Jun 30, 2026, up 28.3% from $82.99 million a year earlier and up 18.3% from the prior quarter.
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Analysis
First Majestic Silver (AG) Inventory (2009 - 2026) Analysis & Trends
As of Dec 31, 2025, First Majestic Silver posted Inventory of $84.75 million, up 35.6% from the prior year.
- Inventory has a five-year compound annual growth rate of 21.1% (years ended Dec 2020 to Dec 2025).
- By year, Inventory came in at $62.52 million in the year ended Dec 31, 2024, $16,397 in the year ended Dec 31, 2023 (-100.0%), $64.76 million in the year ended Dec 31, 2022 (+6.8%) and $60.61 million in the year ended Dec 31, 2021 (+86.4%).
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Inventory since the quarter ended Jun 30, 2012.
- Year over year, Inventory has now increased in each of the last six quarters, with growth averaging 76.8% over the last seven quarters.
- The high point for year-over-year Inventory in five years was the quarter ended Sep 30, 2025 (growth of 494.8%); the low point was the quarter ended Dec 31, 2023 (a decline of 100.0%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $89.99 million (quarter ended Mar 31, 2026), $84.75 million (quarter ended Dec 31, 2025) and $96.23 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | 324.00 Mn |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 1.06 Bn |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 1.48 Bn |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 4.40 Bn |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | - |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | 1.62 Bn |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 2.09 Bn |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 6.02 Bn |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 19.28 Bn |
| 10 | First Majestic Silver | 8.69 Bn | 5.16 Bn | 223.62 Mn | 106.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 106.49 Mn |
| Mar 31, 2026 | 89.99 Mn |
| Dec 31, 2025 | 84.75 Mn |
| Sep 30, 2025 | 96.23 Mn |
| Jun 30, 2025 | 82.99 Mn |
| Mar 31, 2025 | 83.40 Mn |
| Dec 31, 2024 | 62.52 Mn |
| Sep 30, 2024 | 16.18 Mn |
| Jun 30, 2024 | 68.49 Mn |
| Mar 31, 2024 | 67.69 Mn |
| Dec 31, 2023 | 16,397.00 |
| Sep 30, 2023 | 60.56 Mn |
| Jun 30, 2023 | 57.95 Mn |
| Mar 31, 2023 | 71.05 Mn |
| Dec 31, 2022 | 64.76 Mn |
| Sep 30, 2022 | 63.01 Mn |
| Jun 30, 2022 | 66.61 Mn |
| Mar 31, 2022 | 65.37 Mn |
| Dec 31, 2021 | 60.61 Mn |
| Sep 30, 2021 | 71.76 Mn |
API Access
First Majestic Silver Inventory 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=inventory&ticker=AG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=AG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();