First Majestic Silver (AG) Net Margin (2010 - 2026)
First Majestic Silver (AG) reported Net Margin of 30.30% for the quarter ended Jun 30, 2026, up 8.89 percentage points from 21.41% a year earlier but down 0.64 percentage points from the prior quarter.
First Majestic Silver (AG) Net Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, First Majestic Silver's Net Margin came in at 23.37%, up 35.57 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 13.12%, up 31.29 percentage points from the prior year.
- Net Margin has a five-year change of +2.16 percentage points (years ended Dec 2020 to Dec 2025).
- By year, Net Margin came in at -18.17% in the year ended Dec 31, 2024 (+32.11 pp), -50.29% in the year ended Dec 31, 2023 (-68.60 pp), 18.31% in the year ended Dec 31, 2022 (+17.46 pp) and 0.84% in the year ended Dec 31, 2021 (-10.11 pp).
- Five-year quarterly Net Margin spans a low of -204.79% in the quarter ended Dec 31, 2023 and a high of 64.13% in the quarter ended Mar 31, 2023.
- Year over year, Net Margin has now increased in each of the last three quarters, with an average year-over-year change of +28.10 percentage points over the last eight quarters.
- The high point for year-over-year Net Margin in five years was the quarter ended Dec 31, 2025 (a gain of 128.34 percentage points); the low point was the quarter ended Dec 31, 2023 (a drop of 216.14 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 30.94% (quarter ended Mar 31, 2026), 17.92% (quarter ended Dec 31, 2025) and 9.46% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 153.11 Bn | 131.97 Bn | 2.90 Bn | 38.94% |
| 3 | Rio Tinto | 136.52 Bn | 97.02 Bn | - | - |
| 4 | Newmont | 118.43 Bn | 83.75 Bn | 4.22 Bn | 38.90% |
| 5 | Freeport-Mcmoran | 92.71 Bn | 88.86 Bn | 2.19 Bn | 14.00% |
| 6 | Agnico Eagle Mines | 88.05 Bn | 77.68 Bn | 2.43 Bn | 42.09% |
| 7 | Barrick Mining | 64.72 Bn | 49.46 Bn | 2.90 Bn | 23.00% |
| 8 | Nucor | 58.54 Bn | 49.08 Bn | 2.03 Bn | 11.12% |
| 9 | ArcelorMittal | 45.80 Bn | 26.83 Bn | - | 4.07% |
| 10 | First Majestic Silver | 7.42 Bn | 3.89 Bn | 223.62 Mn | 26.34% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.34% |
| Mar 31, 2026 | 26.87% |
| Dec 31, 2025 | 17.92% |
| Sep 30, 2025 | 9.46% |
| Jun 30, 2025 | 19.89% |
| Mar 31, 2025 | 0.93% |
| Dec 31, 2024 | -110.42% |
| Sep 30, 2024 | 18.20% |
| Jun 30, 2024 | 35.44% |
| Mar 31, 2024 | 12.79% |
| Dec 31, 2023 | -96.74% |
| Sep 30, 2023 | 20.38% |
| Jun 30, 2023 | 11.95% |
| Mar 31, 2023 | 64.13% |
| Dec 31, 2022 | -194.68% |
| Sep 30, 2022 | 12.95% |
| Jun 30, 2022 | 52.71% |
| Mar 31, 2022 | 4.64% |
| Dec 31, 2021 | 1.94% |
| Sep 30, 2021 | 14.77% |
First Majestic Silver Net 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=net-margin&ticker=AG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=AG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();