First Majestic Silver Corp. (AG) vs Hecla Mining Company (HL)
A side-by-side comparison of First Majestic Silver Corp. and Hecla Mining Company across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 2, 2026. Differences are shown without an overall score or investment verdict.
AG
First Majestic Silver Corp.
$17.67Basic MaterialsDelayed quote: Oct 2, 2026, 4:00 PM EDT
HL
Hecla Mining Company
$17.20Basic MaterialsDelayed quote: Oct 2, 2026, 4:00 PM EDT
Total return — AG vs HL
growth of $100 · dividends reinvested · last 10yAG +107.3% (+7.6%/yr)HL +207.8% (+11.9%/yr)HL compounded faster over this window
AG HL
AG vs HL: by the numbers
- •HL is the larger company ($11.54B vs $8.71B market cap).
- •AG trades at the lower trailing earnings multiple (25.46 vs 35.10 P/E), one valuation lens rather than an overall verdict.
- •AG converts more revenue to profit (21.12% vs 20.83% net margin).
- •AG grew revenue faster over the past five years (27.00% vs 14.42% CAGR).
- •AG pays the higher dividend yield (0.26% vs 0.09%).
Metrics side by side
Valuation
| Metric | AG | HL |
|---|---|---|
| P/E ratio | 25.46 | 35.10 |
| Forward P/E | 21.95 | 23.64 |
| PEG ratio | 0.98 | N/A |
| P/S ratio | 5.30 | 7.20 |
| P/B ratio | 2.94 | 4.31 |
| EV / EBITDA | 8.27 | 12.17 |
| FCF yield | 7.98% | 4.47% |
Profitability
| Metric | AG | HL |
|---|---|---|
| Gross margin | 34.81% | 43.72% |
| Operating margin | 27.84% | 37.71% |
| Net margin | 21.12% | 20.83% |
| ROE | 11.71% | 12.47% |
| ROIC | 8.99% | 18.37% |
Dividends
| Metric | AG | HL |
|---|---|---|
| Dividend yield | 0.26% | 0.09% |
| Payout ratio | 6.60% | 3.06% |
Growth (annualized)
| Metric | AG | HL |
|---|---|---|
| Revenue CAGR (5Y) | 27.00% | 14.42% |
| EPS CAGR (5Y) | 26.05% | N/A |
| FCF CAGR (5Y) | N/A | 28.20% |
| Total return CAGR (5Y) | 9.61% | 25.79% |
Frequently asked
- Which has the lower trailing P/E, AG or HL?
- AG has the lower trailing P/E: AG trades at 25.46 and HL at 35.10. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, AG or HL?
- Over the past five years, AG grew revenue faster — AG at a 27.00% CAGR versus HL at 14.42%.
- Does AG or HL pay a bigger dividend?
- AG yields 0.26% and HL yields 0.09% based on trailing dividends and the latest price.
- Is AG or HL more profitable?
- AG runs the higher net margin — AG at 21.12% versus HL at 20.83%.
- How have AG and HL total returns compared?
- Over the past 10 years, AG delivered 5.71% and HL delivered 11.99% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
First Majestic Silver P/E ratioHecla Mining P/E ratioFirst Majestic Silver dividend yieldHecla Mining dividend yieldFirst Majestic Silver ROEHecla Mining ROEFirst Majestic Silver operating marginHecla Mining operating marginFirst Majestic Silver revenue growthHecla Mining revenue growthFirst Majestic Silver free cash flowHecla Mining free cash flow
First Majestic Silver & Hecla Mining appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 2, 2026.