First Majestic Silver (AG) Return on Equity [ROE] (2011 - 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.
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Analysis
First Majestic Silver (AG) Return on Equity [ROE] (2011 - 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 151.38 Bn | 130.17 Bn | 2.90 Bn | 46.23% |
| 3 | Rio Tinto | 135.17 Bn | 95.67 Bn | - | - |
| 4 | Newmont | 115.47 Bn | 80.61 Bn | 4.22 Bn | 26.49% |
| 5 | Freeport-Mcmoran | 93.51 Bn | 77.55 Bn | 2.19 Bn | 14.40% |
| 6 | Agnico Eagle Mines | 87.07 Bn | 76.70 Bn | 2.43 Bn | 21.41% |
| 7 | Barrick Mining | 65.15 Bn | 40.35 Bn | 2.90 Bn | 29.62% |
| 8 | Nucor | 60.22 Bn | 49.60 Bn | 2.03 Bn | 14.21% |
| 9 | ArcelorMittal | 45.40 Bn | 24.42 Bn | - | 3.38% |
| 10 | First Majestic Silver | 7.12 Bn | 3.18 Bn | 223.62 Mn | 12.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.21% |
| Mar 31, 2026 | 11.15% |
| Dec 31, 2025 | 6.83% |
| Sep 30, 2025 | -2.86% |
| Jun 30, 2025 | -3.52% |
| Mar 31, 2025 | -5.22% |
| Dec 31, 2024 | -6.89% |
| Sep 30, 2024 | 6.27% |
| Jun 30, 2024 | 2.91% |
| Mar 31, 2024 | 8.11% |
| Dec 31, 2023 | 14.57% |
| Sep 30, 2023 | -7.14% |
| Jun 30, 2023 | 2.05% |
| Mar 31, 2023 | -1.52% |
| Dec 31, 2022 | -8.29% |
| Sep 30, 2022 | 13.16% |
| Jun 30, 2022 | 4.58% |
| Mar 31, 2022 | 0.73% |
| Dec 31, 2021 | 0.35% |
| Sep 30, 2021 | 2.54% |
API Access
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_KEYimport 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();