First Majestic Silver Corp | Mid-cap | Basic Materials
$12.84
6.03%
| First Majestic Stock Comparison:
First Majestic vs Endeavour SilverFirst Majestic vs Mag SilverFirst Majestic vs Silvercorp MetalsFirst Majestic vs Linde plcFirst Majestic vs Southern CopperFirst Majestic vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 246.0M
Gross Profit 63.8M 25.94%
Operating Income 37.9M 15.39%
Net Income 6.2M 2.54%
EPS (Diluted) $0.01

Balance Sheet Metrics

Total Assets 4.0B
Total Liabilities 1.2B
Shareholders Equity 2.8B
Debt to Equity 0.42

Cash Flow Metrics

Operating Cash Flow 98.3M
Free Cash Flow -5.9M

Revenue & Profitability Trend

First Majestic Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i563.6M576.4M626.8M587.2M366.7M
Cost of Goods Sold i471.7M550.7M610.1M485.8M261.6M
Gross Profit i91.9M25.6M16.8M101.4M105.1M
Gross Margin % i16.3%4.4%2.7%17.3%28.7%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i51.6M50.4M48.7M37.7M31.2M
Other Operating Expenses i33.3M30.4M18.0M15.3M23.9M
Total Operating Expenses i84.9M80.8M66.7M53.0M55.2M
Operating Income i5.5M-56.7M-51.6M46.8M48.0M
Operating Margin % i1.0%-9.8%-8.2%8.0%13.1%
Non-Operating Items
Interest Income i5.2M6.5M2.4M1.1M1.1M
Interest Expense i15.4M15.2M12.9M12.6M12.1M
Other Non-Operating Income-18.8M-127.8M2.1M-9.5M-6.9M
Pre-tax Income i-26.5M-195.9M-61.4M25.2M29.7M
Income Tax i75.4M-60.8M52.9M30.2M6.6M
Effective Tax Rate % i0.0%0.0%0.0%119.5%22.3%
Net Income i-101.9M-135.1M-114.3M-4.9M23.1M
Net Margin % i-18.1%-23.4%-18.2%-0.8%6.3%
Key Metrics
EBITDA i133.3M73.3M86.9M165.6M105.0M
EPS (Basic) i$-0.34$-0.48$-0.43$-0.02$0.11
EPS (Diluted) i$-0.34$-0.48$-0.43$-0.02$0.11
Basic Shares Outstanding i295544681282331106263122252244749772213879622
Diluted Shares Outstanding i295544681282331106263122252244749772213879622

Income Statement Trend

First Majestic Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i202.2M125.6M151.4M237.9M238.6M
Short-term Investments i49.8M62.4M34.5M26.5M36.3M
Accounts Receivable i12.3M10.1M8.6M7.7M4.3M
Inventory i62.5M63.7M64.8M60.6M32.5M
Other Current Assets8.2M8.7M5.6M5.4M-1.0K
Total Current Assets i368.8M309.1M370.3M397.2M356.0M
Non-Current Assets
Property, Plant & Equipment i57.0M57.2M55.0M54.5M34.9M
Goodwill i-----
Intangible Assets i-----
Long-term Investments-----
Other Non-Current Assets168.2M228.5M194.6M189.8M84.9M
Total Non-Current Assets i1.6B1.7B1.7B1.7B881.5M
Total Assets i2.0B2.0B2.1B2.1B1.2B
Liabilities
Current Liabilities
Accounts Payable i58.6M48.2M71.1M72.4M49.9M
Short-term Debt i17.0M18.2M14.4M12.0M16.3M
Current Portion of Long-term Debt-----
Other Current Liabilities--16.3M-1.0K
Total Current Liabilities i144.3M120.1M167.4M172.8M101.6M
Non-Current Liabilities
Long-term Debt i220.0M238.3M233.6M209.1M157.0M
Deferred Tax Liabilities i80.1M79.0M122.5M150.8M48.7M
Other Non-Current Liabilities5.6M5.6M5.7M5.8M5.4M
Total Non-Current Liabilities i484.4M498.1M531.3M541.2M285.7M
Total Liabilities i628.7M618.2M698.7M714.0M387.3M
Equity
Common Stock i2.0B1.9B1.8B1.7B1.1B
Retained Earnings i-717.1M-609.9M-468.9M-347.8M-338.9M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i1.4B1.4B1.4B1.4B850.2M
Key Metrics
Total Debt i237.0M256.5M247.9M221.1M173.3M
Working Capital i224.5M188.9M202.9M224.4M254.4M

Balance Sheet Composition

First Majestic Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i-101.9M-135.1M-114.3M-4.9M23.1M
Depreciation & Amortization i125.5M126.2M137.4M118.3M56.3M
Stock-Based Compensation i12.2M12.9M14.0M12.3M8.3M
Working Capital Changes i31.2M-16.3M-22.9M-33.9M-21.0M
Operating Cash Flow i169.9M-50.0M89.2M138.8M88.0M
Investing Activities
Capital Expenditures i-20.0M-32.0M-59.7M-56.6M-45.8M
Acquisitions i0-5.4M0-948.0K0
Investment Purchases i-----
Investment Sales i-----
Investing Cash Flow i-19.1M-40.0M-55.8M-48.3M-58.5M
Financing Activities
Share Repurchases i-271.0K0-665.0K-42.0K-1.7M
Dividends Paid i-5.3M-5.9M-6.9M-3.9M0
Debt Issuance i-050.0M252.8M0
Debt Repayment i-37.3M-15.2M-43.5M-221.1M-27.7M
Financing Cash Flow i51.1M71.0M82.4M54.4M82.6M
Free Cash Flow i36.8M-90.4M-198.7M-120.2M-34.8M
Net Change in Cash i201.9M-19.0M115.8M144.8M112.1M

Cash Flow Trend

First Majestic Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) -35.62
Forward P/E 46.58
Price to Book 2.36
Price to Sales 7.17
PEG Ratio 0.22

Profitability Ratios

Profit Margin 1.78%
Operating Margin 9.44%
Return on Equity 1.06%
Return on Assets 1.99%

Financial Health

Current Ratio 3.27
Debt to Equity 8.08
Beta 1.16

Per Share Data

EPS (TTM) $-0.01
Book Value per Share $5.13
Revenue per Share $2.15

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
ag5.9B-35.622.361.06%1.78%8.08
Endeavour Silver 2.2B116.334.22-14.53%-28.11%33.63
Mag Silver 2.5B24.724.1017.75%0.00%0.37
Silvercorp Metals 1.5B29.172.1010.18%17.65%13.02
Linde plc 222.6B34.375.8617.01%20.02%60.56
Southern Copper 104.2B28.8310.8538.92%30.37%74.09

Financial data is updated regularly. All figures are in the company's reporting currency.