First Majestic Silver (AG) Tax Rate (2010 - 2026)
First Majestic Silver (AG) recorded Tax Rate of 46.78% in the quarter ended Jun 30, 2026, down 8.69 percentage points from 55.47% a year earlier but up 11.96 percentage points from the prior quarter.
First Majestic Silver (AG) Tax Rate (2010 - 2026) Analysis & Trends
On a TTM basis, First Majestic Silver's Tax Rate came in at 42.27% as of Jun 30, 2026, down 52.95 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 46.59%, up 331.73 percentage points from the prior year.
- Annual Tax Rate has a five-year change of +24.25 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, Tax Rate came in at -285.14% in the year ended Dec 31, 2024 (-285.15 pp), 0.01% in the year ended Dec 31, 2023 (-91.59 pp), 91.61% in the year ended Dec 31, 2022 (-27.89 pp) and 119.50% in the year ended Dec 31, 2021 (+97.16 pp).
- Quarterly Tax Rate has ranged from -511.63% in the quarter ended Sep 30, 2024 to 423.46% in the quarter ended Dec 31, 2023 over the past five years.
- On a year-over-year basis, Tax Rate has declined for three consecutive quarters, with an average year-over-year change of -29.25 percentage points over the last eight quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 553.82 percentage points in the quarter ended Sep 30, 2025, against a drop of 539.13 percentage points in the quarter ended Jun 30, 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 34.82% (quarter ended Mar 31, 2026), 45.82% (quarter ended Dec 31, 2025) and 42.19% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | - |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 31.74% |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | - |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 28.19% |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | 31.10% |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | - |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 21.23% |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | - |
| 10 | First Majestic Silver | 8.69 Bn | 5.16 Bn | 223.62 Mn | 46.78% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 46.78% |
| Mar 31, 2026 | 34.82% |
| Dec 31, 2025 | 45.82% |
| Sep 30, 2025 | 42.19% |
| Jun 30, 2025 | 55.47% |
| Mar 31, 2025 | 51.93% |
| Dec 31, 2024 | 166.88% |
| Dec 31, 2022 | 43.73% |
| Dec 31, 2021 | 119.93% |
| Jun 30, 2021 | 62.36% |
| Mar 31, 2021 | 99.65% |
| Sep 30, 2020 | 8.67% |
| Sep 30, 2019 | 12.36% |
| Dec 31, 2017 | 19.74% |
| Mar 31, 2017 | 30.29% |
| Dec 31, 2016 | 1,102.48% |
| Sep 30, 2016 | 11.50% |
| Jun 30, 2016 | 10.02% |
| Mar 31, 2015 | 19.54% |
| Jun 30, 2014 | 24.79% |
First Majestic Silver Tax Rate 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=tax-rate&ticker=AG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=AG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();