First Majestic Silver Corp.

AG Basic Materials Silver

First Majestic Silver Corp.’s revenue for fiscal 2025 (year ended December 2025) was $1.3 billion, up 124.3% from fiscal 2024.

Revenue
+57.3%
EPS
+100.0%
Free cash flow
+268.1%
Total debt
+41.9%

Quarter to June 2026, against a year earlier

14.98 0.41 −2.66%
Market cap
$7.3B
P/E
21.1×
Fwd P/E
17.7×
Dividend yield
0.31%
F-score
8/9
Altman Z
3.72
Beneish M
−1.75
Dividend safety
70/100

First Majestic Silver Corp. (AG) Operating margin

Alert me on Operating margin

First Majestic Silver Corp.'s operating margin over the twelve months to 30 June 2026 was 46.1%, up 14.5 percentage points from fiscal 2025 (31.6%). Over the past ten years it has ranged from −82.8% (fiscal 2018) to 31.6% (fiscal 2025) — the current reading is the highest in ten years. That is above the Silver industry median of 36.2% and above the Basic Materials sector median of 2.88%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 31.6% 32.25
FY2024 −0.67% 30.49
FY2023 −31.2% (24.88)
FY2022 −6.28% (14.70)
FY2021 8.42% (2.67)
FY2020 11.1% 19.88
FY2019 −8.79% 74.04
FY2018 −82.8% (54.69)
FY2017 −28.1% (38.30)
FY2016 10.2% 65.03

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 47.5% (2.18)
Mar 2026 49.7% (2.71)
Dec 2025 52.4% 24.77
Sep 2025 27.7% 12.72
42 more quarters

Against its own ten years

Low −82.8% High 31.6%
Ten-year median −6.28%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
AYA Aya Gold & Silver Inc. compare 53.0%
AG First Majestic Silver Corp. 46.1%
SVM Silvercorp Metals Inc. compare 36.2%
HSLV Highlander Silver Corp compare 0.00%
NEWP New Pacific Metals Corp. compare 0.00%
Silver industry median 36.2%
Basic Materials sector median 2.88%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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