Agnico Eagle Mines Limited (AEM) Financial Statements

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Agnico Eagle Mines financial statements at a glance

Agnico Eagle Mines reported revenue of $11.91 billion for fiscal year 2025 (ended December 31, 2025), up 43.7% from fiscal year 2024. Net income was $4.46 billion, a net margin of 37.5%.

At the end of fiscal year 2025 it had total assets of $34.47 billion, total liabilities of $9.73 billion and shareholders' equity of $24.74 billion, with total debt of $321.47 million.

Its operations brought in $6.82 billion of cash.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

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Agnico Eagle Mines Limited

AEMCanada
Non-Energy Raw Materials
USD (Local)

Income Statement

Annual • USD

Revenue
11.91B
Prev Year: 8.29B
YoY: +43.7%
Total Revenue
-
Cost of Revenue
3.34B
Prev Year: 3.08B
YoY: +8.4%
Gross Profit
8.57B
Prev Year: 5.20B
YoY: +64.6%
SG&A Expenses
305.75M
Prev Year: 268.02M
YoY: +14.1%
Operating Expense
-
R&D Expense
206.68M
Prev Year: 219.61M
YoY: -5.9%
Depreciation/Amortization
1.65B
Prev Year: 1.51B
YoY: +8.7%
Net Non Operating Interest Income Expense
-
Other Operating Expenses, Total
81.48M
Prev Year: 48.53M
YoY: +67.9%
Pre-tax Income
-
Operating Expenses
5.36B
Prev Year: 5.14B
YoY: +4.3%
Operating Income
6.55B
Prev Year: 3.15B
YoY: +107.9%
Net Income Common Stockholders
-
Interest Inc.(Exp.),Net-Non-Op., Total
229.65M
Prev Year: -233.78M
YoY: +198.2%
Total Expenses
-
Other, Net
-33.24M
Prev Year: -56.42M
YoY: +41.1%
Net Income from Continuing and Discontinued Operation
-
Net Income Before Taxes
6.70B
Prev Year: 2.82B
YoY: +137.6%
Normalized Income
-
Provision for Income Taxes
2.24B
Prev Year: 925.97M
YoY: +142.2%
Interest Income
-
Net Income After Taxes
4.46B
Prev Year: 1.90B
YoY: +135.4%
Interest Expense
-
Net Income Before Extra. Items
4.46B
Prev Year: 1.90B
YoY: +135.4%
Net Interest Income
-
Net Income
4.46B
Prev Year: 1.90B
YoY: +135.4%
EBIT
-
Income Available to Com Excl ExtraOrd
4.46B
Prev Year: 1.90B
YoY: +135.4%
EBITDA
-
Income Available to Com Incl ExtraOrd
4.46B
Prev Year: 1.90B
YoY: +135.4%
Reconciled Cost of Revenue
-
Diluted Net Income
4.46B
Prev Year: 1.90B
YoY: +135.4%
Reconciled Depreciation
-
Diluted Weighted Average Shares
503.43M
Prev Year: 500.86M
YoY: +0.5%
Net Income from Continuing Operation Net Minority Interest
-
Diluted EPS Excluding ExtraOrd Items
8.862
Prev Year: 3.785
YoY: +134.2%
Total Unusual Items Excluding Goodwill
-
DPS - Common Stock Primary Issue
1.6
Prev Year: 1.6
YoY: 0.0%
Total Unusual Items
-
Gain (Loss) on Sale of Assets
-41.22M
Prev Year: -37.67M
YoY: -9.4%
Normalized EBITDA
-
Diluted Normalized EPS
8.639
Prev Year: 3.84
YoY: +125.0%
Tax Rate for Calcs
-
Unusual Expense (Income)
-220.75M
Prev Year: 3.70M
YoY: -6066.4%
Tax Effect of Unusual Items
-
Values in USD

Agnico Eagle Mines key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$11.9B$8.3B$6.6B$5.7B$3.9B
Gross profit$8.6B$5.2B$3.7B$3.2B$1.4B
Operating income$6.5B$3.1B$886.1M$1.3B$1.1B
Net income$4.5B$1.9B$1.9B$670.2M$561.9M
Diluted EPS––––$2.22
Total assets$34.5B$30.0B$28.7B$23.5B$10.2B
Total liabilities$9.7B$9.2B$9.3B$7.3B$4.2B
Shareholders' equity$24.7B$20.8B$19.4B$16.2B$6.0B
Cash––––$185.8M
Total debt$321.5M$1.3B$2.0B$1.5B$1.7B
Operating cash flow$6.8B$4.0B$2.6B$2.1B$1.3B
Capital spending––––$947.0M
Free cash flow––––$398.3M

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.

Questions and answers

What was Agnico Eagle Mines's revenue in fiscal year 2025?

$11.91 billion, up 43.7% from $8.29 billion in fiscal year 2024.

How much profit does Agnico Eagle Mines make?

Agnico Eagle Mines reported net income of $4.46 billion for fiscal year 2025 (37.5% of revenue); operating income was $6.55 billion.

How much cash and debt does Agnico Eagle Mines have?

At the end of fiscal year 2025: total debt of $321.47 million.

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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