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AEM

Agnico Eagle Mines Limited

AEM

Agnico Eagle Mines Limited NYSE
$174.43 0.81% (+1.41)

Market Cap $87.60 B
52w High $187.50
52w Low $76.91
Dividend Yield 1.20%
P/E 25.5
Volume 1.25M
Outstanding Shares 502.19M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $3.026B $87.021M $1.043B 34.481% $2.08 $2.007B
Q2-2025 $2.816B $139.906M $1.069B 37.95% $2.13 $2.021B
Q1-2025 $2.461B $82.091M $812.269M 33.008% $1.62 $1.629B
Q4-2024 $2.161B $88.459M $494.883M 22.901% $1.02 $1.164B
Q3-2024 $2.173B $69.156M $571.68M 26.309% $1.13 $1.269B

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $2.369B $32.655B $9.171B $23.485B
Q2-2025 $1.569B $31.693B $9.151B $22.542B
Q1-2025 $1.152B $30.594B $8.952B $21.642B
Q4-2024 $933.737M $29.987B $9.154B $20.833B
Q3-2024 $983.107M $29.816B $9.312B $20.505B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $1.043B $1.8B $-279.345M $-727.184M $791.433M $1.179B
Q2-2025 $1.086B $1.89B $-620.087M $-844.404M $422.664M $1.335B
Q1-2025 $814.731M $1.044B $-649.94M $-182.966M $211.881M $590.297M
Q4-2024 $509.255M $1.132B $-631.557M $-542.518M $-50.784M $564.686M
Q3-2024 $571.68M $1.089B $-540.192M $-495.594M $53.817M $616.234M

Five-Year Company Overview

Income Statement

Income Statement Agnico Eagle’s income statement shows a business that has scaled up meaningfully while keeping profitability healthy. Revenue has climbed steadily over the last five years, especially after recent growth and consolidation moves. Operating and gross profits have grown faster than sales, suggesting better efficiency and cost control at larger scale. Earnings have been positive throughout, with only one softer year in the middle of the period, which is normal for a gold producer given metal price swings and integration costs. Overall, the company looks like a mature, expanding miner with solid margins and a generally stable earnings profile, but still naturally exposed to gold price volatility and operating cost inflation.


Balance Sheet

Balance Sheet The balance sheet has expanded significantly, with total assets and shareholder equity many times higher than five years ago, reflecting acquisitions, project build‑outs, and reserve growth. Equity now makes up the bulk of the capital structure, indicating conservative leverage and a meaningful financial cushion. Debt levels are modest relative to the size of the business and have actually edged down recently, which reduces refinancing and interest‑rate risk. Cash on hand is not large but is stronger than in earlier years, and the overall picture is of a company that has grown aggressively while keeping its financial risk under good control.


Cash Flow

Cash Flow Cash generation is a key strength. Operating cash flow has risen consistently, keeping pace with and even outstripping the growth in the business. Even with heavier spending on new mines and projects, the company has produced positive free cash flow every year, and that surplus has been growing. This suggests that current operations not only cover day‑to‑day needs and maintenance but also help fund expansion without depending heavily on new debt or equity. The trade‑off is a capital‑intensive profile, meaning continued success depends on disciplined project selection and execution.


Competitive Edge

Competitive Edge Agnico Eagle holds a strong competitive position among senior gold producers. Its focus on politically stable, mining‑friendly countries gives it a risk profile that is more predictable than peers operating in higher‑risk regions. Many of its mines are long‑life, relatively low‑cost assets clustered in a few core regions, which allows for shared infrastructure, local expertise, and operating synergies. The company has a long track record of replacing and growing reserves, which supports long‑term production visibility. Its reputation for disciplined operations, cost control, and consistent dividends further differentiates it. Key ongoing risks include dependence on gold prices, cost pressures from labor and energy, environmental and permitting challenges, and the need to continually find or develop new high‑quality deposits.


Innovation and R&D

Innovation and R&D Innovation is a clear focus and an important part of Agnico Eagle’s edge. The company has embraced automation and remote operations underground, using advanced control systems and private networks to run equipment from the surface, improving both safety and productivity. Central monitoring centers and extensive data analytics help optimize equipment use, fuel consumption, and maintenance, which can lower costs and reduce downtime. On the environmental side, new ore‑handling technologies and efforts to electrify equipment are cutting emissions and operating costs at the same time. The firm also invests heavily in modern exploration tools and uses digital geology techniques to sustain its resource pipeline. Together with deep community engagement and ESG commitments, this creates an innovation profile that is both operational and social, though it does require ongoing capital and careful project management to deliver on its promises.


Summary

Overall, Agnico Eagle looks like a scaled‑up, financially disciplined gold producer with strong operations and a forward‑leaning approach to technology and sustainability. The income statement shows steady growth and resilient profitability; the balance sheet indicates conservative leverage and ample equity support; and cash flows demonstrate that the business can fund both investments and shareholder returns from internal resources. Strategically, its concentration in stable jurisdictions, focus on quality long‑life assets, commitment to ESG, and heavy use of automation and data all reinforce its competitive position. The main uncertainties are those typical for the sector: sensitivity to gold prices, project execution risk, ongoing capital needs, and evolving environmental and community expectations. Within that context, the company appears well positioned but still firmly tied to the cycles and risks of the global gold industry.