First Majestic Silver (AG) Non-Current Deferred Tax Liability (2010 - 2025)
First Majestic Silver (AG) reported Non-Current Deferred Tax Liability of $571.0 million for Q4 2025, up 612.86% on a YoY basis from $80.1 million in Q4 2024, and little changed quarter-over-quarter from $571.4 million in Q3 2025.
First Majestic Silver (AG) Non-Current Deferred Tax Liability (2010 - 2025) Analysis & Trends
First Majestic Silver has reported Non-Current Deferred Tax Liability for 16 years, with the latest figure at $571.0 million in Q4 2025.
- For the quarter ending Q4 2025, Non-Current Deferred Tax Liability rose 612.86% year-over-year to $571.0 million; the trailing twelve-month figure through Dec 2025 stood at $571.0 million (up 612.86% YoY), and the FY2025 full-year result was $571.0 million, up 612.86% from the prior year.
- Non-Current Deferred Tax Liability for Q4 2025 stood at $571.0 million, roughly flat from $571.4 million in the prior quarter.
- The five-year high for Non-Current Deferred Tax Liability was $597.8 million in Q1 2025, with the low at $43.5 million in Q1 2021.
- Historically, Non-Current Deferred Tax Liability has averaged $221.4 million across 5 years, with a median of $130.7 million in 2021.
- Annual changes were most pronounced in 2021 — Non-Current Deferred Tax Liability sank 61.51% — and 2025, when it jumped 709.58%.
- First Majestic Silver's Non-Current Deferred Tax Liability stood at $220.8 million in 2021, then dropped by 8.95% to $201.0 million in 2022, then plunged by 37.16% to $126.3 million in 2023, then tumbled by 36.59% to $80.1 million in 2024, then soared by 612.86% to $571.0 million in 2025.
- The last three Non-Current Deferred Tax Liability figures came in at $571.0 million (Q4 2025), $571.4 million (Q3 2025), and $571.0 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Majestic Silver | 54.32 Bn | 53.75 Bn | -65.31 Mn |
| 2 | Silvercorp Metals | 2.47 Bn | 2.11 Bn | 77.07 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 |
| 5 | New Pacific Metals | 91.50 | -41.94 Mn | - |
| 6 | Bunker Hill Mining | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 570.96 Mn |
| Dec 31, 2025 | 570.96 Mn |
| Sep 30, 2025 | 571.45 Mn |
| Sep 30, 2025 | 571.45 Mn |
| Jun 30, 2025 | 571.03 Mn |
| Jun 30, 2025 | 571.03 Mn |
| Mar 31, 2025 | 597.79 Mn |
| Mar 31, 2025 | 597.79 Mn |
| Dec 31, 2024 | 80.09 Mn |
| Dec 31, 2024 | 80.09 Mn |
| Sep 30, 2024 | 355.92 Mn |
| Sep 30, 2024 | 355.92 Mn |
| Jun 30, 2024 | 79.44 Mn |
| Jun 30, 2024 | 79.44 Mn |
| Mar 31, 2024 | 73.84 Mn |
| Mar 31, 2024 | 73.84 Mn |
| Dec 31, 2023 | 126.30 Mn |
| Dec 31, 2023 | 126.30 Mn |
| Sep 30, 2023 | 90.37 Mn |
| Sep 30, 2023 | 90.37 Mn |