First Majestic Silver annual net debt
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
First Majestic Silver Net Debt Growth & History (AG)
First Majestic Silver's net debt was −$484.7M for fiscal 2025.
View full First Majestic Silver company overviewFirst Majestic Silver annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$484.7M | −$519.5M | — |
| 2024 | 2024-12-31 | $34.8M | −$96.1M | −73.39% |
| 2023 | 2023-12-31 | $130.9M | $34.4M | +35.67% |
| 2022 | 2022-12-31 | $96.5M | $113.3M | — |
| 2021 | 2021-12-31 | −$16.8M | $48.5M | — |
| 2020 | 2020-12-31 | −$65.3M | −$74.0M | — |
| 2019 | 2019-12-31 | $8.7M | −$89.6M | −91.11% |
| 2018 | 2018-12-31 | $98.3M | $175.4M | — |
| 2017 | 2017-12-31 | −$77.1M | −$142,000 | — |
| 2016 | 2016-12-31 | −$76.9M | — | — |
First Majestic Silver quarterly net debt
Q4.17
Q4.18
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$762.2M | −$611.9M | — |
| Q1 2026 | 2026-03-31 | −$670.8M | — | — |
| Q4 2025 | 2025-12-31 | −$484.7M | −$519.5M | — |
| Q3 2025 | 2025-09-30 | −$198.2M | — | — |
| Q2 2025 | 2025-06-30 | −$150.2M | — | — |
| Q4 2024 | 2024-12-31 | $34.8M | −$96.1M | −73.39% |
| Q4 2023 | 2023-12-31 | $130.9M | $34.4M | +35.67% |
| Q4 2022 | 2022-12-31 | $96.5M | $113.3M | — |
| Q4 2021 | 2021-12-31 | −$16.8M | $48.5M | — |
| Q4 2020 | 2020-12-31 | −$65.3M | −$74.0M | — |
| Q4 2019 | 2019-12-31 | $8.7M | −$89.6M | −91.11% |
| Q4 2018 | 2018-12-31 | $98.3M | $175.4M | — |
| Q4 2017 | 2017-12-31 | −$77.1M | — | — |
First Majestic Silver net debt trends
Over the last five fiscal years, First Majestic Silver's net debt decreased from −$65.3M to −$484.7M, a change of −$419.4M. The latest reported quarter, Q2 2026, shows −$762.2M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review First Majestic Silver source filings ↗