AG
First Majestic Silver Corp
NYSE: AG · BASIC MATERIALS · SILVER
$18.95
-2.82% today
Updated 2026-04-29
Market cap
$9.34B
P/E ratio
55.74
P/S ratio
7.43x
EPS (TTM)
$0.34
Dividend yield
0.12%
52W range
$5 – $32
Volume
19.3M
First Majestic Silver Corp (AG) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.30M | $43.35M | $36.42M | $56.83M | $117.91M | $245.51M | $247.18M | $277.36M | $272.03M | $247.72M | $300.09M | $263.71M | $308.42M | $368.83M | $366.68M | $587.23M | $626.85M | $576.38M | $560.60M | $1.28B |
| Revenue growth (YoY) | — | +283.6% | -16.0% | +56.0% | +107.5% | +108.2% | +0.7% | +12.2% | -1.9% | -8.9% | +21.1% | -12.1% | +17.0% | +19.6% | -0.6% | +60.1% | +6.7% | -8.1% | -2.7% | +128.2% |
| Cost of revenue | $9.80M | $27.25M | $30.26M | $38.78M | $59.58M | $66.79M | $122.97M | $185.04M | $241.86M | $238.99M | $250.89M | $247.73M | $322.43M | $300.98M | $261.62M | $485.81M | $610.10M | $550.74M | $368.37M | $833.91M |
| Gross profit | $1.50M | $16.09M | $6.16M | $17.63M | $61.16M | $178.73M | $142.03M | $135.66M | $27.33M | $8.73M | $49.20M | $15.98M | $-14.01M | $67.86M | $105.05M | $101.42M | $16.75M | $25.64M | $192.24M | $445.25M |
| Gross margin | 13.3% | 37.1% | 16.9% | 31.0% | 51.9% | 72.8% | 57.5% | 48.9% | 10.0% | 3.5% | 16.4% | 6.1% | -4.5% | 18.4% | 28.7% | 17.3% | 2.7% | 4.4% | 34.3% | 34.8% |
| R&D | — | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | $4.20M | $11.44M | $9.23M | $10.40M | $15.33M | $21.92M | $31.84M | $38.79M | $26.02M | $21.15M | $21.39M | $24.76M | $27.95M | $33.49M | $31.23M | $37.68M | $48.70M | $50.38M | $39.60M | $67.55M |
| Operating income | $-8.00M | $-6.08M | $-3.06M | $4.28M | $45.83M | $139.83M | $106.57M | $22.69M | $-92.99M | $-120.41M | $28.25M | $-71.00M | $-249.27M | $-31.99M | $40.36M | $49.20M | $-39.19M | $-178.78M | $-3.75M | $356.06M |
| Operating margin | -70.8% | -14.0% | -8.4% | 7.5% | 38.9% | 57.0% | 43.1% | 8.2% | -34.2% | -48.6% | 9.4% | -26.9% | -80.8% | -8.7% | 11.0% | 8.4% | -6.3% | -31.0% | -0.7% | 27.8% |
| EBITDA | $-4.90M | $4.08M | $577054.00 | $10.92M | $53.59M | $154.53M | $139.26M | $72.22M | $64.61M | $-41.99M | $109.17M | $6.76M | $51.71M | $40.22M | $98.08M | $156.09M | $88.95M | $-54.50M | $118.13M | $636.78M |
| EBITDA margin | -43.4% | 9.4% | 1.6% | 19.2% | 45.4% | 62.9% | 56.3% | 26.0% | 23.8% | -17.0% | 36.4% | 2.6% | 16.8% | 10.9% | 26.7% | 26.6% | 14.2% | -9.5% | 21.1% | 49.8% |
| EBIT | $-7.60M | $-4.72M | $-4.61M | $4.95M | $43.48M | $138.80M | $112.81M | $28.30M | $-74.20M | $-112.59M | $28.96M | $-75.09M | $-193.31M | $-27.00M | $41.80M | $37.80M | $-48.46M | $-180.67M | $-10.49M | $356.06M |
| Interest expense | $0.00 | $1.19M | $1.11M | $2.00M | $727000.00 | $1.23M | $2.29M | $2.47M | $6.27M | $4.68M | $3.28M | $2.92M | $10.36M | $12.31M | $12.07M | $17.04M | $12.43M | $15.25M | $14.70M | $15.06M |
| Income tax | $-800000.00 | $1.40M | $-1.58M | $-3.08M | $10.91M | $33.96M | $22.09M | $64.42M | $-19.49M | $-17.83M | $16.89M | $-22.03M | $-58.88M | $1.45M | $6.64M | $30.17M | $52.87M | $-60.80M | $75.43M | — |
| Effective tax rate | 10.7% | -23.7% | 27.2% | -104.9% | 23.2% | 24.7% | 19.9% | 246.0% | 24.1% | 14.1% | 66.3% | 29.3% | 22.4% | -3.7% | 22.3% | 119.5% | -86.1% | 31.0% | -285.1% | 0.0% |
| Net income | $-6.70M | $-7.30M | $-4.23M | $6.03M | $36.10M | $103.57M | $88.90M | $-38.23M | $-61.45M | $-108.42M | $8.60M | $-53.27M | $-204.16M | $-40.47M | $23.09M | $-4.92M | $-114.28M | $-135.11M | $-101.89M | $167.81M |
| Net income growth (YoY) | — | -9.0% | +42.1% | +242.6% | +499.0% | +186.9% | -14.2% | -143.0% | -60.7% | -76.4% | +107.9% | -719.4% | -283.2% | +80.2% | +157.0% | -121.3% | -2221.3% | -18.2% | +24.6% | +264.7% |
| Profit margin | -59.3% | -16.8% | -11.6% | 10.6% | 30.6% | 42.2% | 36.0% | -13.8% | -22.6% | -43.8% | 2.9% | -20.2% | -66.2% | -11.0% | 6.3% | -0.8% | -18.2% | -23.4% | -18.2% | 13.1% |