First Majestic Silver (AG) Tax Rate (2010 - 2026)
First Majestic Silver's (AG) quarterly Tax Rate came in at 46.78% in Q2 2026, down 869.0% YoY from 6.08% in Q2 2025, and down 20.25% on a QoQ basis from 58.66% in Q4 2025.
First Majestic Silver (AG) Tax Rate (2010 - 2026) Analysis & Trends
First Majestic Silver (AG) has 17 years of Tax Rate data on file, last reported at 46.78% in Q2 2026.
- Quarterly Tax Rate fell 869.0% year-over-year to 46.78% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 51.66% (down 254455.0% YoY) and the FY2025 annual result came in at 54.49%, up 12453.0% from the prior year.
- Tax Rate declined to 46.78% in Q2 2026, from 58.66% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 257.95% in Q4 2023 to a low of 511.63% in Q3 2024.
- A 5-year average of 53.85% and a median of 26.59% in 2025 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate plunged 53913 bps — and 2025, when it soared 55382 bps.
- Tracing AG's Tax Rate over 5 years: stood at 116.23% in 2022, then soared by 322 bps to 257.95% in 2023, then slumped by 137 bps to 96.14% in 2024, then jumped by 161 bps to 58.66% in 2025, then decreased by 20 bps to 46.78% in 2026.
- The last three Tax Rate figures came in at 46.78% (Q2 2026), 58.66% (Q4 2025), and 42.19% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | First Majestic Silver | 10.50 Bn | 9.25 Bn | 223.62 Mn | 46.78% |
| 2 | Endeavour Silver | 3.17 Bn | 2.94 Bn | 74.00 Mn | 13.46% |
| 3 | Silvercorp Metals | 2.79 Bn | 2.41 Bn | 84.75 Mn | 15.07% |
| 4 | New Pacific Metals | 1.22 Bn | 1.18 Bn | - | - |
| 5 | Highlander Silver | 1.08 Bn | 982.88 Mn | 491,000.00 | 6.54% |
| 6 | Bunker Hill Mining | 165.27 Mn | 165.27 Mn | - | 2.05% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 46.78% |
| Jun 30, 2026 | 46.78% |
| Jun 30, 2026 | 46.78% |
| Dec 31, 2025 | 58.66% |
| Dec 31, 2025 | 58.66% |
| Dec 31, 2025 | 58.66% |
| Sep 30, 2025 | 42.19% |
| Sep 30, 2025 | 42.19% |
| Sep 30, 2025 | 42.19% |
| Jun 30, 2025 | 55.47% |
| Jun 30, 2025 | 55.47% |
| Jun 30, 2025 | 55.47% |
| Mar 31, 2025 | 26.59% |
| Mar 31, 2025 | 26.59% |
| Mar 31, 2025 | 26.59% |
| Dec 31, 2024 | -96.14% |
| Dec 31, 2024 | -96.14% |
| Dec 31, 2024 | -96.14% |
| Sep 30, 2024 | -511.63% |
| Sep 30, 2024 | -511.63% |