First Majestic Silver (AG) Return on Equity [ROE] (2010 - 2026)
First Majestic Silver (AG) reported Return on Equity [ROE] of 12.21% for the quarter ended Jun 30, 2026, up 8.62 percentage points from 3.59% a year earlier and up 1.06 percentage points from the prior quarter.
First Majestic Silver (AG) Return on Equity [ROE] (2010 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, First Majestic Silver posted Return on Equity [ROE] of 9.33%, up 16.85 percentage points from the prior year.
- Return on Equity [ROE] has a five-year change of +6.27 percentage points (years ended Dec 2020 to Dec 2025).
- By year, Return on Equity [ROE] came in at -7.52% in the year ended Dec 31, 2024 (-11.38 pp), 3.86% in the year ended Dec 31, 2023 (+11.96 pp), -8.10% in the year ended Dec 31, 2022 (-7.66 pp) and -0.44% in the year ended Dec 31, 2021 (-3.49 pp).
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Return on Equity [ROE] since the quarter ended Mar 31, 2023.
- Year over year, Return on Equity [ROE] gained in five of the last eight quarters, with an average year-over-year change of +2.31 percentage points.
- The high point for year-over-year Return on Equity [ROE] in five years was the quarter ended Mar 31, 2023 (a gain of 13.58 percentage points); the low point was the quarter ended Mar 31, 2024 (a drop of 17.92 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 11.15% (quarter ended Mar 31, 2026), 6.83% (quarter ended Dec 31, 2025) and 4.04% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 46.23% |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 24.87% |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 4.44% |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 14.40% |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | 21.41% |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 34.97% |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 14.21% |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 3.26% |
| 10 | First Majestic Silver | 8.69 Bn | 5.16 Bn | 223.62 Mn | 12.21% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.21% |
| Mar 31, 2026 | 11.15% |
| Dec 31, 2025 | 6.83% |
| Sep 30, 2025 | 4.04% |
| Jun 30, 2025 | 3.59% |
| Mar 31, 2025 | 4.52% |
| Dec 31, 2024 | 6.89% |
| Sep 30, 2024 | 6.62% |
| Jun 30, 2024 | 3.30% |
| Mar 31, 2024 | -1.17% |
| Dec 31, 2023 | 5.29% |
| Sep 30, 2023 | 8.29% |
| Jun 30, 2023 | 9.86% |
| Mar 31, 2023 | 16.75% |
| Dec 31, 2022 | 9.89% |
| Sep 30, 2022 | 6.56% |
| Jun 30, 2022 | 8.12% |
| Mar 31, 2022 | 3.18% |
| Dec 31, 2021 | 2.84% |
| Sep 30, 2021 | 5.04% |
First Majestic Silver Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=AG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=AG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();