First Majestic Silver (AG) Return on Capital Employed (2010 - 2026)
First Majestic Silver's (AG) quarterly Return on Capital Employed came in at 13.13% in Q2 2026, up 1042.0% YoY from 1.15% in Q2 2025, and up 32.47% on a QoQ basis from 9.91% in Q4 2025.
First Majestic Silver (AG) Return on Capital Employed (2010 - 2026) Analysis & Trends
First Majestic Silver (AG) has 17 years of Return on Capital Employed data on file, last reported at 13.13% in Q2 2026.
- Quarterly Return on Capital Employed rose 1042.0% year-over-year to 13.13% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 13.13% (up 1042.0% YoY) and the FY2025 annual result came in at 13.8%, up 1380.0% from the prior year.
- Return on Capital Employed climbed to 13.13% in Q2 2026, from 9.91% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 13.13% in Q2 2026 to a low of 10.94% in Q3 2023.
- A 5-year average of 0.13% and a median of 0.02% in 2024 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2023 — Return on Capital Employed slumped 1179 bps — and 2026, when it soared 1042 bps.
- Tracing AG's Return on Capital Employed over 5 years: stood at 2.05% in 2022, then surged by 97 bps to 0.07% in 2023, then sank by 190 bps to 0.2% in 2024, then soared by 5031 bps to 9.91% in 2025, then surged by 32 bps to 13.13% in 2026.
- The last three Return on Capital Employed figures came in at 13.13% (Q2 2026), 9.91% (Q4 2025), and 4.56% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | First Majestic Silver | 10.50 Bn | 9.25 Bn | 223.62 Mn | 13.13% |
| 2 | Endeavour Silver | 3.19 Bn | 2.96 Bn | 74.00 Mn | 17.75% |
| 3 | Silvercorp Metals | 2.80 Bn | 2.41 Bn | 84.75 Mn | 16.74% |
| 4 | New Pacific Metals | 1.24 Bn | 1.20 Bn | - | - |
| 5 | Highlander Silver | 1.07 Bn | 966.61 Mn | 491,000.00 | 4.19% |
| 6 | Bunker Hill Mining | 165.27 Mn | 165.27 Mn | - | -9.46% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.13% |
| Dec 31, 2025 | 9.91% |
| Sep 30, 2025 | 4.56% |
| Jun 30, 2025 | 2.71% |
| Mar 31, 2025 | 1.81% |
| Dec 31, 2024 | -0.20% |
| Sep 30, 2024 | -1.39% |
| Jun 30, 2024 | -2.65% |
| Mar 31, 2024 | -0.02% |
| Dec 31, 2023 | -0.07% |
| Sep 30, 2023 | -10.94% |
| Jun 30, 2023 | -10.85% |
| Mar 31, 2023 | -9.49% |
| Dec 31, 2022 | -2.05% |
| Sep 30, 2022 | 0.74% |
| Jun 30, 2022 | 0.94% |
| Mar 31, 2022 | 1.58% |
| Dec 31, 2021 | 2.57% |
| Sep 30, 2021 | 2.66% |
| Jun 30, 2021 | 6.61% |