First Majestic Silver (AG) Return on Invested Capital (2010 - 2025)

First Majestic Silver (AG) reported Return on Invested Capital of 0.0% for Q4 2025, little changed on a YoY basis from 0.0% in Q4 2024, and down 99.85% quarter-over-quarter from 1.01% in Q3 2025.

First Majestic Silver (AG) Return on Invested Capital (2010 - 2025) Analysis & Trends

First Majestic Silver has reported Return on Invested Capital for 15 years, with the latest figure at 0.0% in Q4 2025.

  • For the quarter ending Q4 2025, Return on Invested Capital changed 0.0% year-over-year to 0.0%; the trailing twelve-month figure through Dec 2025 stood at 0.0% (changed 0.0% YoY), and the FY2025 full-year result was 0.0%, changed 0.0% from the prior year.
  • Return on Invested Capital for Q4 2025 stood at 0.0%, down from 1.01% in the prior quarter.
  • The five-year high for Return on Invested Capital was 1.01% in Q3 2025, with the low at 0.41% in Q3 2024.
  • Historically, Return on Invested Capital has averaged 0.02% across 5 years, with a median of 0.0% in 2024.
  • Annual changes were most pronounced in 2024 — Return on Invested Capital plunged 40 bps — and 2025, when it soared 143 bps.
  • First Majestic Silver's Return on Invested Capital stood at 0.0% in 2021, then fell by 15 bps to 0.0% in 2022, then soared by 61 bps to 0.0% in 2023, then jumped by 33 bps to 0.0% in 2024, then jumped by 215 bps to 0.0% in 2025.
  • The last three Return on Invested Capital figures came in at 0.0% (Q4 2025), 1.01% (Q3 2025), and 0.1% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 First Majestic Silver 54.32 Bn 53.75 Bn -65.31 Mn 0.00%
2 Silvercorp Metals 2.47 Bn 2.11 Bn 77.07 Mn 0.00%
3 Highlander Silver 1.88 Bn 1.80 Bn 74,000.00 -
4 Endeavour Silver 1,974.55 -232.10 Mn 93.50 Mn 0.02%
5 New Pacific Metals 91.50 -41.94 Mn - -
6 Bunker Hill Mining - - - -

Historic Data

Download Data
DateValue
Dec 31, 2025 0.00%
Sep 30, 2025 1.01%
Jun 30, 2025 0.10%
Mar 31, 2025 0.00%
Dec 31, 2024 0.00%
Sep 30, 2024 -0.41%
Jun 30, 2024 -0.31%
Mar 31, 2024 0.00%
Dec 31, 2023 0.00%
Sep 30, 2023 -0.01%
Jun 30, 2023 -0.01%
Mar 31, 2023 -0.01%
Dec 31, 2022 0.00%
Sep 30, 2022 0.01%
Jun 30, 2022 0.01%
Mar 31, 2022 -0.01%
Dec 31, 2021 0.00%
Sep 30, 2021 0.01%
Jun 30, 2021 0.03%
Mar 31, 2021 0.02%