AEM

Agnico Eagle Mines
D

AEM

Arincen87/100B

Agnico Eagle Mines financials

Yes. Agnico Eagle Mines earned 6.11B USD of net income over the last twelve months, 41.0% of its revenue. It made a profit in 28 of its 41 fiscal years since 1985. Its last loss was in fiscal year 2018.

Revenue (TTM)
14.89B USD
Net income (TTM)
6.11B USD
Free cash flow (TTM)
4.10B USD
Cash and short-term investments
3.62B USD
Total debt
327.12M USD
Shareholders' equity
29.53B USD

Cash, debt and equity as of 30 Sept 2026.

Agnico Eagle Mines earnings

Next earnings · Q4 FY2026
EPS estimate
2.49 USD
Revenue estimate
3.42B USD
Last quarter · Q3 FY2026
EPS2.61Beat +5.7%Revenue3.52BBeat +0.2%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q3 FY20273.04——+16.41%3.85B——+9.34%
Q2 FY20272.89——-5.15%3.78B——+0.79%
Q1 FY20272.82——-17.07%3.65B——-10.96%
Q4 FY20262.49——-7.43%3.42B——-3.21%
Q3 FY20262.472.61+5.67%+20.83%3.51B3.52B+0.24%+16.27%
Q2 FY20262.893.05+5.54%+57.22%3.78B3.75B-0.63%+33.25%
Q1 FY20263.193.40+6.58%+122.22%3.95B4.10B+3.72%+66.09%
Q4 FY20252.582.69+4.26%+113.49%3.43B3.54B+3.01%+59.12%
Q3 FY20251.762.16+22.73%+89.47%3.41B3.03B-11.32%+39.24%
Q2 FY20251.831.94+6.01%+81.31%2.70B2.82B+4.26%+35.64%

Agnico Eagle Mines growth and profitability

Full income statement
Revenue (TTM)
14.89B USD
Net income (TTM)
6.11B USD
Gross margin
62.23%
Operating margin
58.62%
Net margin
41.02%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY202511.91B+43.71%4.46B+135.36%58.13%53.14%37.47%8.38B+89.56%
FY20248.29B+25.03%1.90B-2.36%44.48%38.01%22.88%4.42B+12.18%
FY20236.63B+15.43%1.94B+189.64%33.23%25.57%29.29%3.94B+73.55%
FY20225.74B+48.36%670.25M+19.27%34.89%25.13%11.67%2.27B+30.02%
FY20213.87B+23.31%561.95M+9.84%35.10%27.31%14.52%1.75B+17.91%

How Agnico Eagle Mines makes its money

Revenue11.91B 100.0%
Cost of revenue4.99B 41.9%
Gross profit6.92B 58.1%
Selling and administration235.95M 2.0%
Other operating expenses357.96M 3.0%
Operating income6.33B 53.1%
Tax2.24B 18.8%
Net income4.46B 37.5%

FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.

Agnico Eagle Mines revenue breakdown

By product

FY2013
Gold: 91.5%Silver: 6.2%Copper: 1.3%Zinc: 1.0%Lead: 0.1%91.5%Gold6.2%Silver1.3%Copper1.0%Zinc
SegmentRevenueShare of revenueChange on the year
Gold1.50B91.5%—
Silver100.90M6.2%-28.0%
Copper20.65M1.3%+8.6%
Zinc16.69M1.0%-63.6%
Lead900.00K0.1%—

By region

FY2025
Canada: 92.2%Australia: 4.8%Mexico: 3.0%92.2%Canada4.8%Australia3.0%Mexico
RegionRevenueShare of revenueChange on the year
Canada10.29B92.2%+49.0%
Australia537.80M4.8%-1.3%
Mexico334.19M3.0%+7.4%

Operating and free cash flow

Full cash flow statement
Operating cash flow Free cash flow
Fiscal yearOperating cash flowFree cash flow
FY20256.82B4.26B
FY20243.96B2.13B
FY20232.60B947.43M
FY20222.10B558.40M
FY20211.35B398.31M
FY20201.19B432.71M
FY2019881.69M-972.00K
FY2018605.65M-483.45M
FY2017767.56M-106.60M
FY2016778.62M262.57M

Agnico Eagle Mines financial health

Full balance sheet
Cash and short-term investments
3.62B USD
Total debt
327.12M USD
Net cash
3.29B USD
Free cash flow (TTM)
4.10B USD
Current ratio
2.75
Debt to equity
0.01
Piotroski score
6 / 9
Altman Z-score
7.72

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY20252.87B321.47M4.26B
FY2024933.74M1.28B2.13B
FY2023348.85M2.00B947.43M
FY2022668.52M1.49B558.40M
FY2021191.07M1.70B398.31M

Assets, liabilities and equity

Total assets Total liabilities Shareholders' equity
Fiscal yearTotal assetsTotal liabilitiesShareholders' equity
FY202534.47B9.73B24.74B
FY202429.99B9.15B20.83B
FY202328.68B9.26B19.42B
FY202223.49B7.25B16.24B
FY202110.22B4.22B6.00B
FY20209.61B3.93B5.68B
FY20198.79B3.68B5.11B
FY20187.85B3.30B4.55B
FY20177.87B2.92B4.95B
FY20167.11B2.62B4.49B

Agnico Eagle Mines valuation

Price to earnings ratio (TTM)
14.69
Forward P/E (FY2026)
15.76
Price to sales (TTM)
6.07
Price to book
3.06
EV / EBITDA (TTM)
8.11

Capital structure

Market capitalization
90.35B USD
+
Total debt
327.12M USD
−
Cash and short-term investments
3.62B USD
=
Enterprise value
87.06B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2028 (est.)14.82————
FY2027 (est.)15.6414.82———
FY2026 (est.)15.7615.64———
Now (TTM)14.6915.666.073.068.11
FY202519.0714.957.153.449.85
FY202420.649.524.721.888.92
FY202313.8213.534.051.387.22
FY202233.9823.703.961.4010.39
FY202123.8323.983.352.168.28

Agnico Eagle Mines against its own history

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: Newmont, AngloGold Ashanti, Royal Gold, and Coeur Mining, the US Gold companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • P/E (today)Below its median14.7
    8.481.7
  • Gross marginHighest in 5 years58.1%
    33.2%58.1%
    Against its peers: 2 of 5Peers' median 49.9%
  • Operating marginHighest in 5 years53.1%
    25.1%53.1%
    Against its peers: 2 of 5Peers' median 46.9%
  • Net marginHighest in 5 years37.5%
    11.7%37.5%
    Against its peers: 2 of 5Peers' median 29.8%
  • Return on equityHighest in 5 years18.0%
    4.1%18.0%
    Against its peers: 3 of 5Peers' median 19.3%
  • Free cash flow marginHighest in 5 years35.8%
    9.7%35.8%
    Against its peers: 1 of 5Peers' median 31.8%
  • Revenue growthAbove its median43.7%
    15.4%48.4%
    Against its peers: 4 of 5Peers' median 57.7%
  • EPS growthAbove its median134.4%
    -31.1%158.2%
    Against its peers: 2 of 5Peers' median 123.4%
  • Debt to EBITDALowest in 5 years0.04×
    0.04×0.97×
    Against its peers: 1 of 5Peers' median 0.42×
  • Current ratioAt its median2.02
    1.712.30
    Against its peers: 4 of 5Peers' median 2.58

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

Agnico Eagle Mines dividends

Annual dividend
1.80 USD
Dividend yield (indicated)
1.01%
Payout ratio
18.08%
Years of dividend growth
1
Frequency
Quarterly
Next payment
0.45 USD
Next ex-dividend date
1 Dec 2026
Next payment date
15 Dec 2026

Dividends per share

Year2025202420232022202120202019201820172016
Dividends per share1.601.601.601.601.400.950.550.440.410.36

Agnico Eagle Mines ownership

Institutions
63.05%
Institutional holders
1,137 (-56)
Free float
99.86%

Who owns the shares

Institutions 63.0% Others 37.0%
As of 30 Jun 2026

Shares free to trade

Free float 504.86M shares ·99.9% Closely held 682.49K shares ·0.1%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY2025501.99M503.43M+0.51%
FY2024499.90M500.86M+2.23%
FY2023488.72M489.91M+11.72%
FY2022437.68M438.53M+79.19%
FY2021243.71M244.73M+0.68%

Common questions about Agnico Eagle Mines's financials

Source: Financial Modeling Prep