First Majestic Silver (FMV) Ratios
First Majestic Silver Ratios
DE:FMV's free cash flow for Q2 2026 was $159.61M. For the 2026 fiscal year, DE:FMV's free cash flow was decreased by $-57.90M and operating cash flow was $217.51M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 2.60 | 2.56 | 2.57 | 2.21 | 2.30 |
| Quick Ratio | 2.41 | 2.12 | 2.04 | 1.83 | 1.95 |
| Cash Ratio | 1.73 | 1.40 | 1.05 | 0.90 | 1.45 |
| Solvency Ratio | 0.30 | 0.05 | -0.00 | 0.04 | 0.16 |
| Operating Cash Flow Ratio | 1.23 | 0.82 | 0.40 | 0.08 | 0.65 |
| Short-Term Operating Cash Flow Coverage | 50.27 | 6.92 | 2.67 | 0.90 | 9.34 |
| Net Current Asset Value | $ -328.65M | $ -259.74M | $ -306.95M | $ -331.64M | $ -313.83M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.07 | 0.12 | 0.13 | 0.12 | 0.10 |
| Debt-to-Equity Ratio | 0.11 | 0.18 | 0.19 | 0.18 | 0.16 |
| Debt-to-Capital Ratio | 0.10 | 0.15 | 0.16 | 0.15 | 0.14 |
| Long-Term Debt-to-Capital Ratio | 0.10 | 0.13 | 0.14 | 0.13 | 0.11 |
| Financial Leverage Ratio | 1.70 | 1.47 | 1.46 | 1.50 | 1.51 |
| Debt Service Coverage Ratio | 19.40 | 1.46 | 0.44 | 1.51 | 4.58 |
| Interest Coverage Ratio | 23.64 | 0.36 | -3.72 | -3.99 | 2.72 |
| Debt to Market Cap | 0.04 | 0.14 | 0.14 | 0.10 | 0.07 |
| Interest Debt Per Share | 0.69 | 0.88 | 0.96 | 1.00 | 0.96 |
| Net Debt to EBITDA | -0.69 | 0.29 | -2.77 | 1.06 | -0.18 |
| Profitability Margins | |||||
| Gross Profit Margin | 34.81% | 14.41% | 2.76% | 1.45% | 16.52% |
| EBIT Margin | 32.60% | -1.97% | -31.49% | -7.76% | 7.27% |
| EBITDA Margin | 54.55% | 22.13% | -8.05% | 15.23% | 28.07% |
| Operating Profit Margin | 27.84% | 0.99% | -9.87% | -8.27% | 8.01% |
| Pretax Profit Margin | 31.42% | -4.72% | -34.14% | -9.84% | 4.32% |
| Net Profit Margin | 13.12% | -18.17% | -23.55% | -18.31% | -0.84% |
| Continuous Operations Profit Margin | 16.78% | -18.17% | -23.55% | -18.31% | -0.84% |
| Net Income Per EBT | 41.75% | 385.14% | 68.96% | 186.11% | -19.50% |
| EBT Per EBIT | 112.89% | -477.77% | 345.79% | 118.98% | 53.97% |
| Return on Assets (ROA) | 3.58% | -4.90% | -7.00% | -5.20% | -0.23% |
| Return on Equity (ROE) | 6.09% | -7.18% | -10.18% | -7.78% | -0.35% |
| Return on Capital Employed (ROCE) | 8.42% | 0.29% | -3.12% | -2.55% | 2.38% |
| Return on Invested Capital (ROIC) | 4.49% | 0.28% | -2.13% | -2.53% | -0.46% |
| Return on Tangible Assets | 3.58% | -4.90% | -7.00% | -5.20% | -0.23% |
| Earnings Yield | 2.10% | -6.15% | -7.93% | -5.06% | -0.18% |
| Efficiency Ratios | |||||
| Receivables Turnover | 10.49 | 11.57 | 12.06 | 14.55 | 10.68 |
| Payables Turnover | 14.47 | 12.91 | 17.93 | 14.49 | 11.57 |
| Inventory Turnover | 9.86 | 7.31 | 8.97 | 9.13 | 7.98 |
| Fixed Asset Turnover | 0.39 | 0.37 | 0.41 | 0.39 | 0.45 |
| Asset Turnover | 0.27 | 0.27 | 0.30 | 0.28 | 0.27 |
| Working Capital Turnover Ratio | 2.67 | 2.59 | 2.97 | 2.84 | 2.41 |
| Cash Conversion Cycle | 46.59 | 53.22 | 50.60 | 39.89 | 48.33 |
| Days of Sales Outstanding | 34.79 | 31.56 | 30.26 | 25.08 | 34.16 |
| Days of Inventory Outstanding | 37.03 | 49.93 | 40.70 | 39.99 | 45.71 |
| Days of Payables Outstanding | 25.23 | 28.27 | 20.36 | 25.18 | 31.55 |
| Operating Cycle | 71.82 | 81.49 | 70.96 | 65.07 | 79.87 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 1.18 | 0.41 | 0.17 | 0.05 | 0.45 |
| Free Cash Flow Per Share | 0.73 | 0.03 | -0.35 | -0.75 | -0.31 |
| Dividend Paid and CapEx Coverage Ratio | 2.52 | 1.03 | 0.31 | 0.06 | 0.58 |
| Capital Expenditure Coverage Ratio | 2.64 | 1.07 | 0.33 | 0.06 | 0.59 |
| Operating Cash Flow Coverage Ratio | 1.80 | 0.50 | 0.19 | 0.05 | 0.50 |
| Operating Cash Flow to Sales Ratio | 0.44 | 0.22 | 0.08 | 0.02 | 0.19 |
| Free Cash Flow Yield | 4.40% | 0.52% | -5.78% | -9.05% | -2.76% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 47.65 | -15.68 | -12.60 | -19.75 | -562.47 |
| Price-to-Sales (P/S) Ratio | 6.25 | 2.95 | 2.97 | 3.62 | 4.74 |
| Price-to-Book (P/B) Ratio | 2.90 | 1.17 | 1.28 | 1.54 | 1.95 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 22.75 | 192.99 | -17.30 | -11.05 | -36.17 |
| Price-to-Operating Cash Flow Ratio | 14.13 | 13.39 | 35.83 | 168.07 | 24.63 |
| Price-to-Earnings Growth (PEG) Ratio | -0.24 | 0.58 | -1.08 | -0.01 | 4.76 |
| Enterprise Value Multiple | 10.78 | 13.64 | -39.65 | 24.80 | 16.71 |
| Enterprise Value | 7.52B | 1.61B | 1.86B | 2.29B | 2.69B |
| EV to EBITDA | 10.78 | 13.64 | -39.65 | 24.80 | 16.71 |
| EV to Sales | 5.88 | 3.02 | 3.19 | 3.78 | 4.69 |
| EV to Free Cash Flow | 21.39 | 197.25 | -18.59 | -11.54 | -35.78 |
| EV to Operating Cash Flow | 13.29 | 13.68 | 38.52 | 175.55 | 24.37 |
| Tangible Book Value Per Share | 6.60 | 4.70 | 4.78 | 5.42 | 5.71 |
| Shareholders’ Equity Per Share | 5.75 | 4.70 | 4.78 | 5.42 | 5.71 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.47 | -2.85 | 0.31 | -0.86 | 1.19 |
| Revenue Per Share | 2.67 | 1.86 | 2.07 | 2.30 | 2.35 |
| Net Income Per Share | 0.35 | -0.34 | -0.49 | -0.42 | -0.02 |
| Tax Burden | 0.42 | 3.85 | 0.69 | 1.86 | -0.19 |
| Interest Burden | 0.96 | 2.40 | 1.08 | 1.27 | 0.59 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.07 | 0.13 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 3.37 | -1.21 | -0.35 | -0.12 | -22.83 |
Currency in USD