Financials · AEM

Agnico Eagle Mines Limited (AEM) financials

For fiscal 2025 (ended Dec 31, 2025), Agnico Eagle Mines Limited reported $11.91B of revenue and $4.46B of net income.

Revenue, FY2025
$11.91B
Revenue growth, YoY
+43.7%
Net income, FY2025
$4.46B
Net income growth, YoY
+135.4%
Net margin
37.5%
Free cash flow, FY2025
$4.40B
EPS, diluted, FY2025
$8.86
EPS growth, YoY
+134.4%
Cash
$2.87B
Total debt
$196.27M
P/E
21.71
P/S
8.13
Market cap
$96.85B
Annual revenue$11.91B
FY2016FY2025
Annual net income$4.46B
FY2016FY2025
Annual free cash flow$4.40B
FY2016FY2025

AEM revenue and earnings growth

AEM revenueFY2025$11.91B

FY YoY
+43.7%
5Y CAGR
+30.6%

AEM revenue was $11.91B for fiscal 2025 (ended Dec 31, 2025), up 43.7% from fiscal 2024. Compound annual growth was +30.6% over 5 years. It rose in 8 of the last 9 fiscal years. Fiscal 2025 is the highest of the 11 fiscal years on file.

AEM net incomeFY2025$4.46B

FY YoY
+135.4%
5Y CAGR
+54.2%

AEM net income was $4.46B for fiscal 2025 (ended Dec 31, 2025), up 135.4% from fiscal 2024. Compound annual growth was +54.2% over 5 years. It rose in 5 of the last 6 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

AEM EPSFY2025$8.86

FY YoY
+134.4%

AEM diluted EPS was $8.86 for fiscal 2025 (ended Dec 31, 2025), up 134.4% from fiscal 2024.

AEM free cash flowFY2025$4.40B

FY YoY
+105.3%
5Y CAGR
+59.0%

AEM free cash flow was $4.40B for fiscal 2025 (ended Dec 31, 2025), up 105.3% from fiscal 2024. Compound annual growth was +59.0% over 5 years. It rose in each of the last 5 fiscal years. Fiscal 2025 is the highest of the 10 fiscal years on file.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$11.91B$8.29B$6.63B$5.74B$3.87B$3.14B$2.50B$2.19B$2.24B$2.14B
Cost of revenue$3.34B$3.09B$2.93B$2.64B$1.77B$1.42B$1.25B$1.16B$1.06B$1.03B
Gross profit$8.57B$5.20B$3.69B$3.10B$2.10B$1.71B$1.25B$1.03B$1.18B$1.11B
Selling, general and admin$235.95M$207.45M$208.45M$220.86M$142.00M$116.29M$120.99M$124.87M$115.06M$102.78M
Operating income---$2.77B$1.94B$1.60B$1.49B$503.50M$1.04B$1.08B
Interest expense$91.14M$126.74M$130.09M$82.94M$92.04M$95.13M$105.08M$96.57M$78.93M$74.64M
Pre-tax income$6.70B$2.82B$2.36B$1.12B$932.72M$767.57M$738.74M-$259.05M$339.29M$268.46M
Income tax$2.24B$925.97M$417.76M$445.17M$370.78M$255.96M$265.58M$67.65M$98.49M$109.64M
Net income$4.46B$1.90B$1.94B$670.25M$561.95M$511.61M$473.17M-$326.70M$240.79M$158.82M
EPS, basic$8.89$3.79$3.97$1.53$2.31$2.12$2.00-$1.40$1.05$0.71
EPS, diluted$8.86$3.78$3.95$1.53$2.30$2.10$1.99-$1.40$1.04$0.70
Diluted shares503.4M500.9M489.9M438.5M244.7M243.1M238.2M233.3M232.5M225.8M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$2.87B$926.43M$338.65M$658.63M$185.79M$402.53M$321.90M$301.83M$632.98M$539.97M
Inventory$1.70B$1.51B$1.42B$1.21B$878.94M$630.47M$580.07M$494.15M$500.98M$443.71M
Current assets$4.99B$2.81B$2.19B$2.18B$1.30B$1.25B$1.10B$1.07B$1.46B$1.23B
Goodwill$4.16B$4.16B$4.16B$2.04B$407.79M$407.79M$407.79M$407.79M$696.81M$696.81M
Total assets$34.47B$29.99B$28.68B$23.49B$10.22B$9.61B$8.79B$7.85B$7.87B$7.11B
Current liabilities$2.47B$1.51B$1.05B$946.42M$761.81M$515.70M$775.64M$361.45M$333.82M$423.62M
Long-term debt$196.27M$1.05B$1.74B$1.24B$1.34B$1.57B$1.36B$1.72B$1.37B$1.07B
Total debt$196.27M$1.05B$1.74B$1.24B$1.34B$1.57B$1.36B$1.72B$1.37B$1.07B
Total liabilities$9.73B$9.15B$9.26B$7.25B$4.22B$3.93B$3.68B$3.30B$2.92B$2.62B
Shareholders' equity$24.74B$20.83B$19.42B$16.24B$6.00B$5.68B$5.11B$4.55B$4.95B$4.49B

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$6.82B$3.96B$2.60B$2.10B$1.35B$1.19B$881.69M$605.65M$767.56M$778.62M
Capital expenditures$2.42B$1.82B$1.65B$1.54B$897.00M$759.34M$882.66M$1.09B$874.15M$516.05M
Free cash flow$4.40B$2.14B$947.43M$558.40M$448.31M$432.71M-$972.0K-$483.45M-$106.60M$262.57M
Investing cash flow-$2.60B-$2.01B-$2.76B-$710.46M-$1.26B-$808.81M-$873.88M-$1.20B-$1.00B-$553.49M
Financing cash flow-$2.29B-$1.36B-$163.96M-$914.85M-$297.24M-$302.82M$10.61M$274.10M$329.17M$190.39M
Dividends paid$728.08M$671.65M$638.64M$608.31M$275.16M$190.25M$105.41M$83.96M$76.08M$71.38M
Share repurchases$682.89M$169.36M$47.00M$109.95M$34.61M$39.62M$24.67M$30.06M$24.68M$15.58M
Stock-based compensation$97.55M$77.40M$71.55M$48.57M$57.80M$54.49M$54.26M$50.66M$43.67M$33.80M
Depreciation and amortization$1.65B$1.51B$1.49B$1.09B$738.13M$631.10M$546.06M$553.93M$508.74M$613.16M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY43.7%25.0%15.4%48.4%23.3%25.7%13.9%-2.3%4.9%-
Net income growth, YoY135.4%-2.4%189.6%19.3%9.8%8.1%--51.6%-
EPS growth, YoY134.4%-4.3%158.2%-9.5%5.5%--48.6%-
Gross margin71.9%62.8%55.7%54.0%54.2%54.6%50.0%47.1%52.8%51.7%
Operating margin---48.3%50.2%51.0%59.6%23.0%46.5%50.5%
Net margin37.5%22.9%29.3%11.7%14.5%16.3%19.0%-14.9%10.7%7.4%
Free cash flow margin36.9%25.9%14.3%9.7%11.6%13.8%-0.0%-22.1%-4.8%12.3%
Return on equity18.0%9.1%10.0%4.1%9.4%9.0%9.3%-7.2%4.9%3.5%
Return on assets12.9%6.3%6.8%2.9%5.5%5.3%5.4%-4.2%3.1%2.2%
Current ratio2.021.862.092.301.712.421.422.974.382.90
Debt to equity0.010.050.090.080.220.280.270.380.280.24

Source: XBRL data Agnico Eagle Mines Limited files with the SEC, latest filing dated Mar 19, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

AEM peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
AEM$11.91B+43.7%$4.46B37.5%$96.85B
NEM$26.61B+23.7%$9.24B34.7%$125.65B
B$16.96B+31.2%$4.99B29.4%$66.76B
WPM$2.31B+80.2%$1.47B63.6%$61.91B
FNV$1.82B+63.7%$1.11B61.0%$49.17B
AU$9.89B+70.8%$3.17B32.1%$47.03B
GFI$8.75B+68.2%$3.57B40.8%$35.06B
KGC$7.05B+36.9%$2.39B33.9%$26.21B
RGLD$1.76B+105.2%$838.55M47.7%$22.52B

AEM FAQ

9 questions
  • What is AEM revenue?
    Agnico Eagle Mines Limited (AEM) reported $11.91B of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 43.7% from the year before.
  • Is AEM profitable?
    Yes. Agnico Eagle Mines Limited earned $4.46B in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 37.5%.
  • How much cash and debt does AEM have?
    Agnico Eagle Mines Limited reported $2.87B in cash and cash equivalents and $196.27M of debt on its most recent balance sheet in SEC filings.
  • How fast is AEM revenue growing?
    Agnico Eagle Mines Limited's revenue changed +43.7% in fiscal 2025, to $11.91B. Its compound annual growth rate was +30.6% over 5 years.
  • What is AEM gross margin?
    Agnico Eagle Mines Limited's gross profit was $8.57B on $11.91B of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 71.9%.
  • What is AEM free cash flow?
    Agnico Eagle Mines Limited generated $4.40B of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of $6.82B less capital expenditures.
  • What is AEM earnings per share?
    Diluted earnings per share were $8.86 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did AEM last report financial results?
    The latest statements here come from Agnico Eagle Mines Limited's 40-F filed on Mar 19, 2026, covering the period ended Dec 31, 2025.
  • Where does this AEM financial data come from?
    Quantisnow builds these statements from the structured XBRL data Agnico Eagle Mines Limited files with the SEC. It is provided for information only and is not investment advice.