First Majestic Silver (LTS:0QYC) OCF Margin %: 49.18% (As of Mar. 2026) — 103% Above Median


LTS:0QYC First Majestic Silver Corp LTS:0QYC
63 GF Score
Price C$23.00
GF Value C$14.23
Valuation Significantly Overvalued
! 2 Warning Signs
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What is First Majestic Silver OCF Margin %?

First Majestic Silver LTS:0QYC -3.66% 63 OCF Margin % is 49.18% as of Mar. 2026, which is 103% above its 10-year median of 24.23. GuruFocus rates LTS:0QYC with a GF Score™ of 63/100 and a GF Value™ of C$14.23 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 846 Metals & Mining companies, First Majestic Silver ranks better than 90.43% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. First Majestic Silver's Cash Flow from Operations for the three months ended in Mar. 2026 was C$325 Mil. First Majestic Silver's Revenue for the three months ended in Mar. 2026 was C$660 Mil. Therefore, First Majestic Silver's OCF Margin % for the quarter that ended in Mar. 2026 was 49.18%.

As of today, First Majestic Silver's current OCF Yield % is 8.40%.

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

LTS:0QYC' s OCF Margin % Range Over the Past 10 Years
Min: 3.03   Med: 24.23   Max: 41.58
Current: 47.15


During the past 13 years, the highest OCF Margin % of First Majestic Silver was 41.58%. The lowest was 3.03%. And the median was 24.23%.

LTS:0QYC's OCF Margin % is ranked better than
90.43% of 846 companies
in the Metals & Mining industry
Industry Median: 4.465 vs LTS:0QYC: 47.15


First Majestic Silver OCF Margin % Related Terms


First Majestic Silver OCF Margin % Historical Data

* Premium members only.

The historical data trend for First Majestic Silver's OCF 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.

First Majestic Silver OCF Margin % Chart

First Majestic Silver Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.70 3.03 9.65 26.96 41.58

First Majestic Silver Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF 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 22.56 34.04 39.24 57.28 49.18

LTS:0QYC vs EXK: OCF Margin % Comparison

For the Silver subindustry, First Majestic Silver's OCF Margin %, along with its competitors' market caps and OCF 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 OCF Margin % vs Metals & Mining Industry

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

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


LTS:0QYC
63GF Score
First Majestic Silver Corp LTS:0QYC
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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First Majestic Silver OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

First Majestic Silver's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=725.631/1745.284
=41.58 %

First Majestic Silver's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=324.529/659.847
=49.18 %

* 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.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of 49.18% mean?
First Majestic Silver (LTS:0QYC) has a OCF Margin % of 49.18% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on First Majestic Silver and its competitors. This is 103% above median its historical median of 24.23. Over the past decade, First Majestic Silver's OCF Margin % has ranged from 3.03 to 41.58. According to the industry distribution chart, First Majestic Silver ranks #81 out of 846 companies in the Metals & Mining industry, placing it in the top 9.6%.
Is First Majestic Silver's OCF Margin % too high?
First Majestic Silver's current OCF Margin % of 49.18% is 103% above median its 10-year median of 24.23. Over the past 10 years, this metric has ranged from a low of 3.03 to a high of 41.58. The Metals & Mining industry median OCF Margin % is 4.47. First Majestic Silver's value of 49.18% is 1001.5% above this industry median. Based on the distribution chart, First Majestic Silver ranks #81 out of 846 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, First Majestic Silver has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Majestic Silver's OCF Margin % compare to EXK?
According to the Metals & Mining industry distribution chart, First Majestic Silver ranks #81 out of 846 companies for OCF Margin %. This places First Majestic Silver in the top 10% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 4.47. First Majestic Silver's value of 49.18% is 1001.5% above this benchmark. Historically, First Majestic Silver's own OCF Margin % has ranged from 3.03 to 41.58 over the past decade. While the company's 10-year median is 24.23 vs. the industry median of 4.47, First Majestic Silver has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for a Metals & Mining company?
The median OCF Margin % among Metals & Mining companies is 4.47, based on 846 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Majestic Silver's current OCF Margin % of 49.18% is 1001.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on First Majestic Silver and its competitors. For the Metals & Mining industry, the median OCF Margin % is 4.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Majestic Silver's current OCF Margin % is 49.18%, which is 103% above median its own 10-year median of 24.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Majestic Silver stock overvalued right now?
Based on GuruFocus' analysis, First Majestic Silver (LTS:0QYC) is currently considered Significantly Overvalued. The stock's GF Value™ is C$14.23, compared to a current price of C$23.00 — trading 61.6% above its estimated fair value. The current OCF Margin % is 49.18%, which is 103% above median its 10-year median of 24.23 and 1001.5% above the Metals & Mining industry median of 4.47. First Majestic Silver's overall GF Score™ is 63/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For First Majestic Silver (LTS:0QYC), the current OCF Margin % is 49.18% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is First Majestic Silver (LTS:0QYC) Overvalued in 2026?

Based on GuruFocus' analysis, First Majestic Silver stock appears to be overvalued. The current stock price of C$23.00 is trading 61.6% above its estimated GF Value™ of C$14.23. GuruFocus considers First Majestic Silver to be Significantly Overvalued.

Key valuation signals for LTS:0QYC:

  • OCF Margin %: 49.18% (103% above median its 10-year median of 24.23)
  • GF Value™: C$14.23 vs. price of C$23.00 (61.6% above fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 1001.5% above the Metals & Mining median (#81 of 846)

No single metric tells the full story. See the LTS:0QYC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Majestic Silver Business Description

Address 925 West Georgia Street, Suite 1800, Vancouver, BC, CAN, V6C 3L2
First Majestic Silver Corp is in the business of production, development, exploration, and acquisition of mineral properties with a focus on silver and gold production in North America. The company owns four producing mines in Mexico, consisting of the Santa Elena Silver/Gold Mine, the San Dimas Silver/Gold Mine, the Los Gatos Silver Mine, and the La Encantada Silver Mine. It also owns the Jerritt Canyon Gold Mine in Nevada, USA. Additionally, the firm holds interests in the San Martin Silver Mine and the Del Toro Silver Mine, and several exploration-stage projects. The majority of the company's revenues are from the sale of precious metals contained in dore and concentrate form. It generates maximum revenue from the sale of silver, followed by gold, zinc, copper, and other metals.
63GF Score

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OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$23.00
Price
C$14.23
GF Value