First Majestic Silver (AG) Tax Rate (2010 - 2025)

First Majestic Silver (AG) posted Tax Rate of 151.71% for Q4 2025, down 154.1% quarter-over-quarter from 280.44% in Q3 2025, and up 118400.0% year-on-year from N/an in Q4 2024.

First Majestic Silver (AG) Tax Rate (2010 - 2025) Analysis & Trends

First Majestic Silver (AG) has reported Tax Rate for 16 consecutive years, with 151.71% the latest figure, recorded in Q4 2025.

  • Tax Rate for Q4 2025 came in at 151.71%, up 118400.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 46.59% (up 33173.0% YoY), and the FY2025 annual result was 46.59%, up 33173.0% from the prior year.
  • Tax Rate was 151.71% for Q4 2025 at First Majestic Silver, down from 280.44% in the prior quarter.
  • Over five years, Tax Rate peaked at 5430.64% in Q4 2023 and troughed at 5383.01% in Q3 2024.
  • Average Tax Rate over 5 years is 271.49%, with a median of 44.62% recorded in 2023.
  • Year-over-year, Tax Rate tumbled 676635 bps in 2024 and soared 566345 bps in 2025.
  • Over 5 years, Tax Rate stood at 119.93% in 2021, then surged by 942 bps to 1249.58% in 2022, then surged by 335 bps to 5430.64% in 2023, then slumped by 125 bps to 1335.71% in 2024, then soared by 89 bps to 151.71% in 2025.
  • Per Business Quant data, the three most recent Tax Rate figures were 151.71% in Q4 2025, 280.44% in Q3 2025, and 565.2% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 First Majestic Silver 8.16 Bn 7.60 Bn 237.81 Mn 59.79%
2 Endeavour Silver 2.36 Bn 2.12 Bn 93.50 Mn 135.39%
3 Silvercorp Metals 2.21 Bn 1.95 Bn 99.96 Bn 9.13%
4 New Pacific Metals 738.90 Mn 698.64 Mn - -
5 Highlander Silver 686.31 Mn 583.11 Mn 74,000.00 -0.39%
6 Bunker Hill Mining 147.77 Mn 147.77 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 59.79%
Dec 31, 2025 59.79%
Sep 30, 2025 280.44%
Sep 30, 2025 280.44%
Jun 30, 2025 565.20%
Jun 30, 2025 565.20%
Mar 31, 2025 620.09%
Mar 31, 2025 620.09%
Dec 31, 2024 166.88%
Dec 31, 2024 166.88%
Sep 30, 2024 -5,383.01%
Sep 30, 2024 -5,383.01%
Jun 30, 2024 -680.52%
Jun 30, 2024 -680.52%
Mar 31, 2024 -398.48%
Mar 31, 2024 -398.48%
Dec 31, 2023 -222.55%
Dec 31, 2023 -222.55%
Sep 30, 2023 -509.30%
Sep 30, 2023 -509.30%