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First Majestic Silver (First Majestic Silver) Pretax Margin % : -2.30% (As of Dec. 2023)


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What is First Majestic Silver Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. First Majestic Silver's Pre-Tax Income for the three months ended in Dec. 2023 was $-3.2 Mil. First Majestic Silver's Revenue for the three months ended in Dec. 2023 was $137.7 Mil. Therefore, First Majestic Silver's pretax margin for the quarter that ended in Dec. 2023 was -2.30%.

The historical rank and industry rank for First Majestic Silver's Pretax Margin % or its related term are showing as below:

AG' s Pretax Margin % Range Over the Past 10 Years
Min: -85.29   Med: -19.57   Max: 8.49
Current: -34.32


AG's Pretax Margin % is ranked worse than
69.57% of 861 companies
in the Metals & Mining industry
Industry Median: 0.83 vs AG: -34.32

First Majestic Silver Pretax Margin % Historical Data

The historical data trend for First Majestic Silver's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Majestic Silver Pretax Margin % Chart

First Majestic Silver Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.58 8.11 4.30 -9.80 -33.99

First Majestic Silver Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -21.15 -93.03 -15.30 -17.64 -2.30

Competitive Comparison of First Majestic Silver's Pretax Margin %

For the Silver subindustry, First Majestic Silver's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Majestic Silver's Pretax Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, First Majestic Silver's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where First Majestic Silver's Pretax Margin % falls into.



First Majestic Silver Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

First Majestic Silver's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-195.915/576.385
=-33.99 %

First Majestic Silver's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-3.163/137.676
=-2.30 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Majestic Silver  (NYSE:AG) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


First Majestic Silver Pretax Margin % Related Terms

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First Majestic Silver (First Majestic Silver) Business Description

Address
925 West Georgia Street, Suite 1800, Vancouver, BC, CAN, V6C 3L2
First Majestic Silver Corp is engaged in the production, development, exploration, and acquisition of mineral properties with a focus on silver and gold production in North America. It owns four producing mines, three mines in Mexico consisting of the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, the La Encantada Silver Mine and the Jerritt Canyon Gold Mine in Nevada.
Executives
Vinita Lee Piper 10 percent owner 712 WILCREST, SUITE 3020, HOUSTON TX 77042