First Majestic Silver Corp
AG NYSE· Gold And Silver Ores
Last close · Oct 30, 2026
$14.26
KIRA · Stoqly’s AI analyst, in plain words
- First Majestic Silver Corp had $1.3B of revenue in fiscal 2025, up 124.3% on the year before. Over five years, revenue changed +28.1% a year on average.
- Its operating margin was 31.6%, up 32.3 pts: of every 100 in sales, about 32 is left after running the business.
- First Majestic Silver Corp made $165M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 23.7% a year.
- Free cash flow was $464M in fiscal 2025, 36.9% of revenue.
- First Majestic Silver Corp returned $9.8M to shareholders in fiscal 2025, 2% of free cash flow. The diluted share count rose 64.0%.
- First Majestic Silver Corp has $501M more cash than debt.
Market cap
$6.9B
P/E
41.9x
Revenue
$1.3B
Net income
$165M
Free cash flow
$464M
Operating margin
31.6%
First Majestic Silver Corp in 30 seconds · fiscal 2025
Are sales growing?
+124.3%
Yes. Sales grew 124.3% last year.
Does it make a profit?
13.1%
Yes. It keeps 13.1% of every sale as profit.
Does profit turn into cash?
36.9%
Yes. 36.9% of sales ends up as free cash.
Is debt under control?
Net cash
Yes. It has more cash than debt.
How healthy are the accounts?
7 / 9
Solid. It passes 7 of 9 health tests.
How is the share priced?
41.9x
One share costs 41.9 times its yearly profit per share.
What First Majestic Silver Corp does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 40-F · Mar 31, 2026
- Legal name
- FIRST MAJESTIC SILVER CORP
- CIK
- 0001308648
First Majestic Silver Corp · AG · stoqly.net
Results and finances
The last 5 fiscal years. Amounts in USD. Compiled by stoqly.net.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $584M | $624M | $574M | $561M | $1.3B |
| Revenue growth | 60.5% | 6.9% | −8.1% | −2.3% | 124.3% |
| Gross margin | 37.3% | 24.4% | 28.5% | 38.5% | 56.8% |
| Operating margin | 8.4% | −6.3% | −31.2% | −0.7% | 31.6% |
| Net income | −$4.9M | −$114M | −$135M | −$102M | $165M |
| Net margin | −0.8% | −18.3% | −23.5% | −18.2% | 13.1% |
| Diluted EPS | −$0.02 | −$0.43 | −$0.48 | −$0.34 | $0.34 |
| Cash | |||||
| Cash from operations | $68.7M | $19.0M | $55.6M | $152M | $526M |
| Capital expenditure | $56.6M | $59.7M | $32.0M | $20.0M | $62.1M |
| Free cash flow | $12.2M | −$40.7M | $23.6M | $132M | $464M |
| FCF margin | 2.1% | −6.5% | 4.1% | 23.5% | 36.9% |
| Dividends paid | $3.9M | $6.9M | $5.9M | $5.3M | $9.8M |
| Share count change | 13.4% | 7.5% | 7.3% | 4.7% | 64.0% |
| Debt and strength | |||||
| Cash and short-term investments | $238M | $151M | $126M | $202M | $793M |
| Debt incl. finance leases | $181M | $210M | $220M | $209M | $292M |
| Shareholders' equity | $1.4B | $1.4B | $1.4B | $1.4B | $2.8B |
| Net debt / EBITDA | −0.3x | 0.6x | — | 0.1x | −0.8x |
| Current ratio | 2.3x | 2.2x | 2.6x | 2.6x | 2.6x |
| Interest coverage | 2.3x | −1.9x | −6.8x | −0.1x | 15.1x |
| Returns and quality | |||||
| Return on capital | 2.4% | −2.1% | −9.7% | −0.2% | 11.4% |
| Return on equity | −0.4% | −8.1% | −9.8% | −7.5% | 8.0% |
| Return on tangible equity | −0.3% | −8.1% | −9.9% | −7.5% | 6.0% |
| Piotroski F-score | 3 | 3 | 4 | 5 | 7 |
| Altman Z'' | 2.4 | 1.9 | 1.3 | 1.8 | 3.1 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
First Majestic Silver Corp · AG · stoqly.net
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $14.26 a share, the company is worth $6.9B: 41.9 times its earnings of the last four quarters.
Compiled and analysed by stoqly.net from SEC EDGAR XBRL filings (CIK 0001308648). Latest version: stoqly.net/companies/ag. Data updated November 1, 2026. For information only — not investment advice. Check the original filings before relying on any figure.
