First Net Income from 2010 to 2026

AG Stock   43.19  0.45  1.03%   
First Majestic Net Income yearly trend continues to be very stable with very little volatility. Net Income is likely to grow to about 176.2 M this year. During the period from 2010 to 2026, First Majestic Net Income quarterly data regression pattern had range of 370.5 M and standard deviation of  103,623,835. View All Fundamentals
 
Net Income  
First Reported
2001-09-30
Previous Quarter
27 M
Current Value
84.4 M
Quarterly Volatility
31.4 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check First Majestic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Majestic's main balance sheet or income statement drivers, such as Depreciation And Amortization of 294.8 M, Total Revenue of 1.3 B or Gross Profit of 467.5 M, as well as many indicators such as Price To Sales Ratio of 5.94, Dividend Yield of 0.0012 or PTB Ratio of 3.05. First financial statements analysis is a perfect complement when working with First Majestic Valuation or Volatility modules.
  
This module can also supplement various First Majestic Technical models . Check out the analysis of First Majestic Correlation against competitors.
Evaluating First Majestic's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into First Majestic Silver's fundamental strength.

Latest First Majestic's Net Income Growth Pattern

Below is the plot of the Net Income of First Majestic Silver over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in First Majestic Silver financial statement analysis. It represents the amount of money remaining after all of First Majestic Silver operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is First Majestic's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Majestic's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 167.81 M10 Years Trend
Very volatile
   Net Income   
       Timeline  

First Net Income Regression Statistics

Arithmetic Mean(16,071,241)
Coefficient Of Variation(644.78)
Mean Deviation81,195,737
Median(39,080,585)
Standard Deviation103,623,835
Sample Variance10737.9T
Range370.5M
R-Value0.05
Mean Square Error11426.9T
R-Squared0
Significance0.85
Slope994,582
Total Sum of Squares171806.4T

First Net Income History

2026176.2 M
2025167.8 M
2024-97 M
2023-137.3 M
2022-110.9 M
2021-4.8 M
202024.3 M

About First Majestic Financial Statements

First Majestic investors utilize fundamental indicators, such as Net Income, to predict how First Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Net Income167.8 M176.2 M
Net Income From Continuing Ops211 M221.5 M
Net Income Applicable To Common Shares164.9 M173.2 M
Net Income Per Share 0.35  0.37 
Net Income Per E B T 0.42  0.70 

Pair Trading with First Majestic

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Majestic position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Majestic will appreciate offsetting losses from the drop in the long position's value.

Moving together with First Stock

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Moving against First Stock

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The ability to find closely correlated positions to First Majestic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Majestic when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Majestic - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Majestic Silver to buy it.
The correlation of First Majestic is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Majestic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Majestic Silver moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Majestic can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether First Majestic Silver is a strong investment it is important to analyze First Majestic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Majestic's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:
Check out the analysis of First Majestic Correlation against competitors.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Understanding that First Majestic's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether First Majestic represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, First Majestic's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.