
Agnico Eagle Mines (AEM) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Mar 2025Income Metrics
Revenue
2.5B
Gross Profit
1.3B
52.01%
Operating Income
1.2B
46.98%
Net Income
814.7M
33.01%
EPS (Diluted)
$1.62
Balance Sheet Metrics
Total Assets
30.6B
Total Liabilities
9.0B
Shareholders Equity
21.6B
Debt to Equity
0.41
Cash Flow Metrics
Operating Cash Flow
1.1B
Free Cash Flow
590.3M
Revenue & Profitability Trend
Agnico Eagle Mines Income Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Revenue | 8.3B | 6.6B | 5.7B | 3.9B | 3.1B |
Cost of Goods Sold | 4.6B | 4.4B | 3.7B | 2.5B | 2.1B |
Gross Profit | 3.7B | 2.2B | 2.0B | 1.4B | 1.1B |
Gross Margin % | 44.5% | 33.2% | 34.9% | 35.1% | 34.5% |
Operating Expenses | |||||
Research & Development | - | - | - | - | - |
Selling, General & Administrative | 207.4M | 208.5M | 220.9M | 142.0M | 116.3M |
Other Operating Expenses | 268.1M | 251.4M | 297.5M | 159.6M | 144.5M |
Total Operating Expenses | 475.6M | 459.8M | 518.3M | 301.6M | 260.8M |
Operating Income | 3.1B | 1.7B | 1.4B | 1.1B | 822.0M |
Operating Margin % | 38.0% | 25.6% | 25.1% | 27.3% | 26.2% |
Non-Operating Items | |||||
Interest Income | 21.7M | 11.7M | 11.1M | 3.9M | 4.9M |
Interest Expense | 86.5M | 91.2M | 61.4M | 76.2M | 82.9M |
Other Non-Operating Income | -253.1M | 753.7M | -270.3M | -42.5M | 32.3M |
Pre-tax Income | 2.8B | 2.4B | 1.1B | 932.7M | 767.6M |
Income Tax | 926.0M | 417.8M | 445.2M | 370.8M | 256.0M |
Effective Tax Rate % | 32.8% | 17.7% | 39.9% | 39.8% | 33.3% |
Net Income | 1.9B | 1.9B | 670.2M | 561.9M | 511.6M |
Net Margin % | 22.9% | 29.3% | 11.7% | 14.5% | 16.3% |
Key Metrics | |||||
EBITDA | 4.6B | 3.2B | 2.5B | 1.8B | 1.4B |
EPS (Basic) | $3.79 | $3.97 | $1.53 | $2.23 | $2.12 |
EPS (Diluted) | $3.78 | $3.95 | $1.53 | $2.22 | $2.10 |
Basic Shares Outstanding | 499904000 | 488723000 | 437678000 | 243708000 | 241508000 |
Diluted Shares Outstanding | 499904000 | 488723000 | 437678000 | 243708000 | 241508000 |
Income Statement Trend
Agnico Eagle Mines Balance Sheet From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 926.4M | 338.6M | 658.6M | 185.8M | 402.5M |
Short-term Investments | 7.3M | 10.2M | 9.9M | 5.3M | 3.9M |
Accounts Receivable | 7.6M | 8.1M | 8.6M | 13.5M | 11.9M |
Inventory | 1.5B | 1.4B | 1.2B | 878.9M | 630.5M |
Other Current Assets | 45.3M | 35.9M | 39.1M | 26.7M | 1.7M |
Total Current Assets | 2.8B | 2.2B | 2.2B | 1.3B | 1.2B |
Non-Current Assets | |||||
Property, Plant & Equipment | - | - | - | - | - |
Goodwill | 8.3B | 8.3B | 4.1B | 815.6M | 815.6M |
Intangible Assets | - | - | 13.3M | - | - |
Long-term Investments | 53.7M | 21.5M | 28.1M | 74.6M | 92.7M |
Other Non-Current Assets | 861.8M | 694.8M | 424.4M | 431.5M | 211.1M |
Total Non-Current Assets | 27.2B | 26.5B | 21.3B | 8.9B | 8.4B |
Total Assets | 30.0B | 28.7B | 23.5B | 10.2B | 9.6B |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | 296.0M | 317.9M | 259.0M | 189.1M | 167.1M |
Short-term Debt | 130.3M | 146.4M | 136.5M | 258.0M | 20.9M |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | 237.2M | 7.2M | 78.1M | 22.1M | 904.0K |
Total Current Liabilities | 1.5B | 1.0B | 946.4M | 761.8M | 515.7M |
Non-Current Liabilities | |||||
Long-term Debt | 1.2B | 1.9B | 1.4B | 1.4B | 1.7B |
Deferred Tax Liabilities | 5.2B | 5.0B | 4.0B | 1.2B | 1.0B |
Other Non-Current Liabilities | 202.2M | 241.8M | 5.6M | 19.1M | 13.5M |
Total Non-Current Liabilities | 7.6B | 8.2B | 6.3B | 3.5B | 3.4B |
Total Liabilities | 9.2B | 9.3B | 7.3B | 4.2B | 3.9B |
Equity | |||||
Common Stock | 18.7B | 18.3B | 16.3B | 5.9B | 5.8B |
Retained Earnings | 2.0B | 963.2M | -201.6M | -146.4M | -366.4M |
Treasury Stock | - | - | - | - | - |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | 20.8B | 19.4B | 16.2B | 6.0B | 5.7B |
Key Metrics | |||||
Total Debt | 1.3B | 2.0B | 1.5B | 1.7B | 1.7B |
Working Capital | 1.3B | 1.1B | 1.2B | 540.6M | 731.5M |
Balance Sheet Composition
Agnico Eagle Mines Cash Flow Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | 1.9B | 1.9B | 670.2M | 561.9M | 511.6M |
Depreciation & Amortization | 1.5B | 1.5B | 1.1B | 738.1M | 631.1M |
Stock-Based Compensation | 77.4M | 71.6M | 48.6M | 57.8M | 54.5M |
Working Capital Changes | 88.9M | -143.5M | -20.4M | -280.6M | -13.9M |
Operating Cash Flow | 3.8B | 1.9B | 2.0B | 1.3B | 1.3B |
Investing Activities | |||||
Capital Expenditures | -1.8B | -1.7B | -1.5B | -944.3M | -758.4M |
Acquisitions | 0 | -1.0B | 838.7M | -185.9M | 0 |
Investment Purchases | -183.0M | -104.7M | -47.4M | -57.2M | -61.2M |
Investment Sales | - | - | 0 | 5.4M | 10.8M |
Investing Cash Flow | -2.0B | -2.8B | -710.5M | -1.3B | -808.8M |
Financing Activities | |||||
Share Repurchases | -169.4M | -47.0M | -110.0M | -34.6M | - |
Dividends Paid | -671.7M | -638.6M | -608.3M | -275.2M | -190.3M |
Debt Issuance | 600.0M | 1.9B | 100.0M | 595.0M | 1.3B |
Debt Repayment | -1.3B | -1.4B | -358.7M | -620.0M | -1.5B |
Financing Cash Flow | -1.6B | -204.3M | -956.7M | -318.9M | -353.9M |
Free Cash Flow | 2.1B | 936.5M | 558.4M | 398.3M | 432.7M |
Net Change in Cash | 276.4M | -1.0B | 320.0M | -303.9M | 124.2M |
Cash Flow Trend
Agnico Eagle Mines Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
22.68
Forward P/E
29.24
Price to Book
2.97
Price to Sales
6.94
PEG Ratio
0.18
Profitability Ratios
Profit Margin
30.63%
Operating Margin
58.58%
Return on Equity
13.92%
Return on Assets
9.36%
Financial Health
Current Ratio
2.03
Debt to Equity
3.26
Beta
0.42
Per Share Data
EPS (TTM)
$5.88
Book Value per Share
$44.88
Revenue per Share
$19.26
Peer Financial Comparison
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
aem | 67.0B | 22.68 | 2.97 | 13.92% | 30.63% | 3.26 |
Newmont | 74.0B | 12.21 | 2.31 | 20.29% | 30.50% | 23.56 |
Wheaton Precious | 42.8B | 54.22 | 5.54 | 10.60% | 47.46% | 0.11 |
Barnes | 40.9B | 15.08 | 1.65 | 12.15% | 19.99% | 14.15 |
Franco-Nevada | 33.9B | 43.26 | 5.14 | 12.61% | 59.42% | 0.00 |
Barrick Gold | 32.4B | 14.29 | 1.33 | 10.28% | 17.46% | 14.08 |
Financial data is updated regularly. All figures are in the company's reporting currency.