First Majestic Silver Corp.

NYSE:AG Stock Report

Market Cap: US$1.8b

First Majestic Silver Past Earnings Performance

Past criteria checks 0/6

First Majestic Silver's earnings have been declining at an average annual rate of -20%, while the Metals and Mining industry saw earnings growing at 18.3% annually. Revenues have been growing at an average rate of 11.1% per year.

Key information

-20.0%

Earnings growth rate

-11.9%

EPS growth rate

Metals and Mining Industry Growth26.4%
Revenue growth rate11.1%
Return on equity-5.7%
Net Margin-14.9%
Next Earnings Update20 Feb 2025

Recent past performance updates

Recent updates

First Majestic Silver Corp.: A Major Plus In Acquiring Gatos Silver, Inc.

Jan 21

First Majestic Silver: A Soft Q3 Operationally With Continued Share Dilution

Dec 31

First Majestic Silver And Gatos Silver Merger: A Better Combined Company

Oct 30

First Majestic Silver: A Lot More Silver, But Far Less Silver Per Share

Oct 22

First Majestic Silver: Continued Share Dilution Despite Record Gold Prices

Aug 22

First Majestic Silver: Still A Money Loser

Aug 01

First Majestic Silver: Limited Margin Of Safety At Current Levels

May 22

First Majestic Silver: A Slow Start To The Year

Apr 21

First Majestic Silver: Another Disappointing Year

Feb 25

First Majestic Silver: Consistent Losses, Can They Turn It Around?

Feb 13

First Majestic Silver: A Weak Q4 With A High-Cost Year On Deck

Jan 22

First Majestic Silver: Another Underwhelming Quarter

Nov 19

First Majestic Silver: Disappointing Performance Amid Higher Pricing

Oct 30

First Majestic Silver: A Disappointing Q3

Oct 13

First Majestic: Good Assets And Share Dilution At A High Price

Sep 21

First Majestic Silver: Q2 Earnings, Peso Strength Weighs On Margins

Aug 08

First Majestic Silver: Production Per Share Declines Set To Continue

Jul 26

First Majestic Silver: High Risk Or High Upside?

Jun 22

First Majestic Silver: Possibly A Better H2 Ahead

Jun 05

First Majestic Silver Q4 2022 Earnings Preview

Feb 22

First Majestic Silver: A Disappointing Finish To 2022

Jan 22

First Majestic Silver Q3 2022 Earnings Preview

Nov 08

First Majestic Silver: Metals Price Weakness Dampens Margin Outlook

Oct 20

First Majestic Silver Will Rally When Precious Metals Do

Oct 14

Revenue & Expenses Breakdown

How First Majestic Silver makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:AG Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24525-78500
30 Jun 24512-79510
31 Mar 24523-48530
31 Dec 23574-135520
30 Sep 23585-162520
30 Jun 23612-156510
31 Mar 23624-222480
31 Dec 22624-114500
30 Sep 22681-101490
30 Jun 22646-99470
31 Mar 226401440
31 Dec 21584-5390
30 Sep 2149634390
30 Jun 2149883370
31 Mar 2137857350
31 Dec 2036423330
30 Sep 20343-51330
30 Jun 20314-74350
31 Mar 20363-76350
31 Dec 19364-40350
30 Sep 19342-165320
30 Jun 19333-168310
31 Mar 19329-196300
31 Dec 18301-204290
30 Sep 18288-96280
30 Jun 18261-103270
31 Mar 18242-62260
31 Dec 17252-53260
30 Sep 172575260
30 Jun 1727514250
31 Mar 1728119240
31 Dec 162789220
30 Sep 16278-96220
30 Jun 16243-106210
31 Mar 16231-115210
31 Dec 15219-108220
30 Sep 15226-70220
30 Jun 15222-79230
31 Mar 15235-69250
31 Dec 14245-61270
30 Sep 14232-78310
30 Jun 14268-51330
31 Mar 14250-59350

Quality Earnings: AG is currently unprofitable.

Growing Profit Margin: AG is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: AG is unprofitable, and losses have increased over the past 5 years at a rate of 20% per year.

Accelerating Growth: Unable to compare AG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-30%).

Return on Equity

High ROE: AG has a negative Return on Equity (-5.68%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/06 06:03
End of Day Share Price 2025/02/06 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

First Majestic Silver Corp. is covered by 23 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kevin O'HalloranBMO Capital Markets Equity Research
David ForsterBofA Global Research
Adam GrafB. Riley Securities, Inc.