First Majestic Silver (AG) Invested Capital (2009 - 2026)
First Majestic Silver's Invested Capital was $3.43 billion in the quarter ended Jun 30, 2026, up 18.1% from $2.9 billion a year earlier and up 1.7% from the prior quarter.
First Majestic Silver (AG) Invested Capital (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Invested Capital at First Majestic Silver came in at $3.47 billion, up 122.0% from the prior year.
- Invested Capital shows a five-year compound annual growth rate of 28.1% (years ended Dec 2020 to Dec 2025).
- In earlier years, Invested Capital was $1.56 billion in the year ended Dec 31, 2024 (-1.1%), $1.58 billion in the year ended Dec 31, 2023 (-2.7%), $1.62 billion in the year ended Dec 31, 2022 (+1.9%) and $1.59 billion in the year ended Dec 31, 2021 (+58.8%).
- Quarterly Invested Capital has moved between $1.33 billion (the quarter ended Mar 31, 2023) and $3.47 billion (the quarter ended Dec 31, 2025) over five years.
- Compared with a year earlier, Invested Capital has increased for six straight quarters, with growth averaging 61.0% over the last eight quarters.
- The best year-over-year quarter for Invested Capital over five years was the quarter ended Dec 31, 2025 (growth of 122.0%); the worst was the quarter ended Mar 31, 2023 (a decline of 7.5%).
- Per Business Quant data, AG's Invested Capital in the three quarters before the quarter ended Jun 30, 2026 was $3.37 billion (quarter ended Mar 31, 2026), $3.47 billion (quarter ended Dec 31, 2025) and $3.01 billion (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | 71.30 Bn |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 20.70 Bn |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 40.50 Bn |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 24.55 Bn |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 41.61 Bn |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | 28.80 Bn |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 36.87 Bn |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 30.37 Bn |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 80.28 Bn |
| 10 | First Majestic Silver | 8.69 Bn | 5.16 Bn | 223.62 Mn | 3.43 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.43 Bn |
| Mar 31, 2026 | 3.37 Bn |
| Dec 31, 2025 | 3.47 Bn |
| Sep 30, 2025 | 3.01 Bn |
| Jun 30, 2025 | 2.90 Bn |
| Mar 31, 2025 | 2.83 Bn |
| Dec 31, 2024 | 1.56 Bn |
| Sep 30, 2024 | 1.61 Bn |
| Jun 30, 2024 | 1.37 Bn |
| Mar 31, 2024 | 1.34 Bn |
| Dec 31, 2023 | 1.58 Bn |
| Sep 30, 2023 | 1.34 Bn |
| Jun 30, 2023 | 1.38 Bn |
| Mar 31, 2023 | 1.33 Bn |
| Dec 31, 2022 | 1.62 Bn |
| Sep 30, 2022 | 1.34 Bn |
| Jun 30, 2022 | 1.36 Bn |
| Mar 31, 2022 | 1.44 Bn |
| Dec 31, 2021 | 1.59 Bn |
| Sep 30, 2021 | 1.39 Bn |
First Majestic Silver Invested Capital 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=invested-capital&ticker=AG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=AG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();