First Majestic Silver Corp.
First Majestic Silver Corp.’s revenue for fiscal 2025 (year ended December 2025) was $1.3 billion, up 124.3% from fiscal 2024. In the quarter to June 2026, revenue grew 57.3%, EPS grew 100.0%, free cash flow grew 268.1% and total debt rose 41.9%, each against the same quarter a year earlier. Operating cash flow growth for three consecutive years.
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First Majestic Silver Corp. (AG) P/E ratio
As of 16 October 2026, First Majestic Silver Corp. (AG) trades at a P/E ratio of 22.5×. Over the past ten years it has ranged from 0.0× (September 2025) to 244× (December 2017); the current reading is higher than 75% of that period. That is above the Basic Materials sector median of 19.5×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 47.6× | — |
| FY2024 | 0.0× | — |
| FY2023 | 0.0× | — |
| FY2022 | 0.0× | — |
| FY2021 | 0.0× | — |
| FY2020 | 134× | — |
| FY2019 | 0.0× | — |
| FY2018 | 0.0× | — |
| FY2017 | 0.0× | — |
| FY2016 | 162× | — |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 23.9× | (33.28%) |
| Mar 2026 | 35.8× | (24.79%) |
| Dec 2025 | 47.6× | (45.78%) |
| Sep 2025 | 87.8× | — |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| MP MP Materials Corp. compare | n/m |
| WLK Westlake Corporation compare | n/m |
| BVN Buenaventura Mining Company Inc. compare | 6.7× |
| CTVA Corteva, Inc. compare | 8.5× |
| SQM Sociedad Quimica y Minera S.A. compare | 11.3× |
| EMN Eastman Chemical Company compare | 16.1× |
| NEU NewMarket Corporation compare | 18.8× |
| AG First Majestic Silver Corp. | 22.5× |
| ESI Element Solutions Inc. compare | 47.4× |
| Basic Materials sector median | 19.5× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)