Income Statement Agnico Eagle Mines Limited

Equities

AEM

CA0084741085

Gold

Market Closed - Nyse Other stock markets 16:00:02 2026-02-13 EST			5-day change	1st Jan Change
216.59 ^USD	+5.55%		+10.17%	+27.76%

02-13	Agnico Eagle Mines Limited, Q4 2025 Earnings Call, Feb 13, 2026
02-13	RBC on Agnico Eagle Mines' Fourth Quarter Results	MT

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Published financial data: AGNICO EAGLE MINES LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	3.82B	5.74B	6.63B	8.29B	-
Total Revenues	3.82B	5.74B	6.63B	8.29B	-
Cost of Goods Sold, Total	1.73B	2.42B	2.9B	3.09B	-
Gross Profit	2.1B	3.32B	3.72B	5.2B	-
Selling General & Admin Expenses, Total	142M	263M	256M	268M	-
Exploration / Drilling Costs, Total	153M	271M	216M	220M	-
Depreciation & Amortization - (IS)	738M	1.09B	1.49B	1.51B	-
Impairment of Oil, Gas & Mineral Properties - (IS)	-	55M	366M	-	-
Other Operating Expenses	18.23M	107M	-35.53M	190M	-
Other Operating Expenses, Total	1.05B	1.79B	2.29B	2.19B	-
Operating Income	1.05B	1.53B	1.43B	3.01B	-
Interest Expense, Total	-79.94M	-67.33M	-98.86M	-94.76M	-
Interest And Investment Income	3.94M	14.03M	16.01M	26.18M	-
Net Interest Expenses	-76M	-53.3M	-82.85M	-68.58M	-
Currency Exchange Gains (Loss)	-5.67M	16.08M	328K	-9.38M	-
Other Non Operating Income (Expenses)	-5.48M	-29.92M	-32.34M	-71.14M	-
EBT, Excl. Unusual Items	958M	1.46B	1.31B	2.86B	-
Merger & Related Restructuring Charges	-12.94M	-253M	-47.98M	5.77M	-
Impairment of Goodwill	-	-	-421M	-	-
Gain (Loss) On Sale Of Investments	-	-	1.54B	-	-
Gain (Loss) On Sale Of Assets	549K	-8.75M	-26.76M	-37.67M	-
Asset Writedown	-28.7M	-62.4M	-2.7M	-3.7M	-
Legal Settlements	-	-3.5M	-	-	-
Other Unusual Items	-13.35M	-17.78M	-	-	-
EBT, Incl. Unusual Items	903M	1.12B	2.36B	2.82B	-
Income Tax Expense	360M	445M	418M	926M	-
Earnings From Continuing Operations	543M	670M	1.94B	1.9B	-
Net Income to Company	543M	670M	1.94B	1.9B	-
Net Income - (IS)	543M	670M	1.94B	1.9B	-
Net Income to Common Incl Extra Items	543M	670M	1.94B	1.9B	-
Net Income to Common Excl. Extra Items	543M	670M	1.94B	1.9B	-
Per Share Items
Net EPS - Basic	2.23	1.53	3.97	3.79	-
Basic EPS - Continuing Operations	2.23	1.53	3.97	3.79	-
Basic Weighted Average Shares Outstanding	244M	438M	489M	500M	-
Net EPS - Diluted	2.22	1.53	3.95	3.78	-
Diluted EPS - Continuing Operations	2.22	1.53	3.95	3.78	-
Diluted Weighted Average Shares Outstanding	245M	439M	490M	501M	-
Normalized Basic EPS	2.46	2.09	1.68	3.57	-
Normalized Diluted EPS	2.45	2.08	1.68	3.57	-
Dividend Per Share	1.4	1.6	1.6	1.6	-
Payout Ratio	50.67	90.76	32.9	35.43	-
Supplemental Items
EBITDA	1.76B	2.59B	3.25B	4.49B	-
EBITA	1.05B	1.53B	1.43B	3.01B	-
EBIT	1.05B	1.53B	1.43B	3.01B	-
EBITDAR	1.91B	2.72B	3.38B	4.64B	-
Effective Tax Rate - (Ratio)	39.89	39.91	17.71	32.82	-
Normalized Net Income	599M	913M	821M	1.79B	-
Interest Capitalized	3.51M	3.64M	3.18M	2.81M	-
Interest on Long-Term Debt	85.92M	74.84M	108M	104M	-
Non-Cash Pension Expense	6.65M	1.83M	3.14M	-	-
Supplemental Operating Expense Items
Marketing Expenses	-	-	-	-	-
Selling and Marketing Expenses	-	-	-	-	-
General and Administrative Expenses	142M	221M	208M	207M	-
Exploration/Drilling Costs	153M	271M	216M	220M	-
Net Rental Expense, Total	142M	129M	125M	153M	-
Imputed Operating Lease Interest Expense	56.2M	45.79M	58.42M	72.87M	-
Imputed Operating Lease Depreciation	86.16M	82.84M	66.76M	80.55M	-
Stock-Based Comp., G&A Exp. (Total)	52.1M	60.3M	80.6M	78.8M	-
Stock-Based Comp., Other (Total)	9.2M	10.1M	-	-	-
Total Stock-Based Compensation	61.3M	70.4M	80.6M	78.8M	-

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	186M	659M	339M	926M	-
Short Term Investments	5.29M	9.9M	10.2M	7.31M	-
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	191M	669M	349M	934M	-
Accounts Receivable, Total	13.54M	8.58M	8.15M	7.65M	-
Other Receivables	114M	135M	177M	182M	-
Total Receivables	127M	144M	185M	190M	-
Inventory	879M	1.21B	1.42B	1.51B	-
Prepaid Expenses	90.68M	111M	152M	125M	-
Restricted Cash	-	-	-	-	-
Other Current Assets, Total	14.43M	47.91M	86.72M	46.64M	-
Total Current Assets	1.3B	2.18B	2.19B	2.81B	-
Gross Property Plant And Equipment	14.07B	26.08B	32.47B	34.32B	-
Accumulated Depreciation	-6.42B	-7.62B	-11.25B	-12.86B	-
Net Property Plant And Equipment	7.65B	18.46B	21.22B	21.47B	-
Long-term Investments	269M	315M	335M	572M	-
Goodwill	408M	2.04B	4.16B	4.16B	-
Other Intangibles, Total	-	13.32M	-	-	-
Loans Receivable Long-Term	37.94M	3.94M	10.11M	12.04M	-
Deferred Tax Assets Long-Term	134M	11.57M	53.8M	29.2M	-
Other Long-Term Assets, Total	390M	467M	716M	945M	-
Total Assets	10.19B	23.49B	28.68B	29.99B	-
Liabilities
Accounts Payable, Total	189M	259M	318M	296M	-
Accrued Expenses, Total	187M	383M	387M	418M	-
Current Portion of Long-Term Debt	225M	100M	100M	90M	-
Current Portion of Leases	32.99M	36.47M	46.39M	40.3M	-
Current Income Taxes Payable	47.21M	4.19M	81.22M	372M	-
Other Current Liabilities	80.1M	164M	116M	296M	-
Total Current Liabilities	762M	946M	1.05B	1.51B	-
Long-Term Debt	1.34B	1.24B	1.74B	1.05B	-
Long-Term Leases	98.44M	115M	115M	98.92M	-
Unearned Revenue Non Current	-	-	24.05M	34.89M	-
Pension & Other Post Retirement Benefits	51.21M	53.02M	56.26M	51.79M	-
Deferred Tax Liability Non Current	1.21B	3.98B	4.97B	5.16B	-
Other Non Current Liabilities	742M	915M	1.3B	1.24B	-
Total Liabilities	4.21B	7.25B	9.26B	9.15B	-
Common Stock, Total	5.86B	16.25B	18.33B	18.68B	-
Additional Paid In Capital	37.25M	23.28M	22.07M	-	-
Retained Earnings	-165M	-202M	963M	2.03B	-
Comprehensive Income and Other	245M	168M	103M	131M	-
Total Common Equity	5.98B	16.24B	19.42B	20.83B	-
Total Equity	5.98B	16.24B	19.42B	20.83B	-
Total Liabilities And Equity	10.19B	23.49B	28.68B	29.99B	-
Supplemental Items
ECS Total Shares Outstanding on Filing Date	455M	457M	498M	502M	-
ECS Total Common Shares Outstanding	245M	456M	497M	502M	-
Book Value / Share	24.41	35.58	39.06	41.52	-
Tangible Book Value	5.57B	14.18B	15.27B	16.68B	-
Tangible Book Value Per Share	22.75	31.07	30.7	33.24	-
Total Debt	1.7B	1.49B	2B	1.28B	-
Net Debt	1.51B	825M	1.66B	348M	-
Debt Equivalent of Unfunded Proj. Benefit Obligation	41.94M	43.9M	43.77M	-	-
Debt Equivalent Oper. Leases	1.14B	1.03B	1B	1.23B	-
Equity Method Investments, Total	-	10.73M	10.86M	12.36M	-
Account Code - Inventory Valuation	6	6	6	6	-
Inventories - Raw Materials, Total	140M	208M	238M	331M	-
Inventories - Finished Goods, Total	126M	185M	238M	256M	-
Inventories - Others	613M	816M	943M	924M	-
Machinery, Total	6.94B	10.49B	12.46B	13.29B	-
Full Time Employees	6.81K	10.12K	10.16K	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	543M	670M	1.94B	1.9B	-
Depreciation & Amortization - CF	738M	1.09B	1.49B	1.51B	-
Impairment of Oil, Gas & Mineral Properties - (CF)	-	-	366M	-	-
Depreciation & Amortization, Total	738M	1.09B	1.86B	1.51B	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-1.54B	-	-
Asset Writedown & Restructuring Costs	-	55M	421M	-	-
Stock-Based Compensation (CF)	57.8M	48.57M	71.55M	77.4M	-
Other Operating Activities, Total	258M	247M	-259K	394M	-
Change In Accounts Receivable	-1.68M	12.11M	7.46M	-	-
Change In Inventories	-185M	-46.24M	-169M	-208M	-
Change In Accounts Payable	-75K	59.46M	2.78M	36.73M	-
Change In Income Taxes	-62.42M	-35.01M	104M	259M	-
Change in Other Net Operating Assets	-31.94M	-9.56M	-91.31M	-7.73M	-
Cash from Operations	1.32B	2.1B	2.6B	3.96B	-
Capital Expenditure	-868M	-1.54B	-1.65B	-1.82B	-
Sale of Property, Plant, and Equipment	2.7M	1.02M	-	-	-
Cash Acquisitions	-341M	839M	-1.01B	-16.3M	-
Investment in Marketable and Equity Securities, Total	-51.88M	-51.97M	-105M	-183M	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	40M	-	-	-
Other Investing Activities, Total	23.08M	-	9.65M	10.15M	-
Cash from Investing	-1.23B	-710M	-2.76B	-2.01B	-
Short Term Debt Issued, Total	595M	100M	1.3B	600M	-
Long-Term Debt Issued, Total	-	-	599M	-	-
Total Debt Issued	595M	100M	1.9B	600M	-
Short Term Debt Repaid, Total	-595M	-100M	-1.3B	-600M	-
Long-Term Debt Repaid, Total	-25.02M	-259M	-148M	-751M	-
Total Debt Repaid	-620M	-359M	-1.45B	-1.35B	-
Issuance of Common Stock	40.1M	62.11M	70.32M	236M	-
Repurchase of Common Stock	-34.61M	-110M	-47M	-169M	-
Common Dividends Paid	-275M	-608M	-639M	-672M	-
Common & Preferred Stock Dividends Paid	-275M	-608M	-639M	-672M	-
Other Financing Activities, Total	-2.55M	-	-	-	-
Cash from Financing	-297M	-915M	-164M	-1.36B	-
Foreign Exchange Rate Adjustments	-804K	1.51M	3.2M	-9.66M	-
Net Change in Cash	-217M	473M	-320M	588M	-
Supplemental Items
Cash Interest Paid	85.11M	67.51M	105M	104M	-
Cash Income Tax Paid (Refund)	246M	317M	291M	474M	-
Levered Free Cash Flow	273M	446M	877M	2.05B	-
Unlevered Free Cash Flow	323M	488M	938M	2.1B	-
Change In Net Working Capital	262M	94.09M	239M	-451M	-
Net Debt Issued / Repaid	-25.02M	-259M	451M	-751M	-

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	6.6	5.67	3.42	6.4	-
Return on Total Capital	8.68	7.51	4.56	8.63	-
Return On Equity %	9.31	6.03	10.89	9.42	-
Return on Common Equity	9.31	6.03	10.89	9.42	-
Margin Analysis
Gross Profit Margin %	54.81	57.8	56.18	62.73	-
SG&A Margin	3.71	4.58	3.86	3.23	-
EBITDA Margin %	46.12	45.2	49.08	54.15	-
EBITA Margin %	27.33	26.62	21.56	36.28	-
EBIT Margin %	27.33	26.62	21.56	36.28	-
Income From Continuing Operations Margin %	14.2	11.67	29.29	22.88	-
Net Income Margin %	14.2	11.67	29.29	22.88	-
Net Avail. For Common Margin %	14.2	11.67	29.29	22.88	-
Normalized Net Income Margin	15.66	15.91	12.39	21.55	-
Levered Free Cash Flow Margin	7.15	7.76	13.23	24.69	-
Unlevered Free Cash Flow Margin	8.45	8.5	14.16	25.4	-
Asset Turnover
Asset Turnover	0.39	0.34	0.25	0.28	-
Fixed Assets Turnover	0.51	0.44	0.33	0.39	-
Receivables Turnover (Average Receivables)	300.95	519	792.36	1.05K	-
Inventory Turnover (Average Inventory)	2.29	2.32	2.21	2.11	-
Short Term Liquidity
Current Ratio	1.71	2.3	2.09	1.86	-
Quick Ratio	0.42	0.86	0.51	0.74	-
Operating Cash Flow to Current Liabilities	1.73	2.22	2.48	2.62	-
Days Sales Outstanding (Average Receivables)	1.21	0.7	0.46	0.35	-
Days Outstanding Inventory (Average Inventory)	159.42	157.28	165.15	173.61	-
Average Days Payable Outstanding	32.89	29.7	33.81	35.33	-
Cash Conversion Cycle (Average Days)	127.74	128.28	131.8	138.63	-
Long Term Solvency
Total Debt/Equity	28.37	9.2	10.32	6.15	-
Total Debt / Total Capital	22.1	8.42	9.36	5.8	-
LT Debt/Equity	24.05	8.35	9.57	5.53	-
Long-Term Debt / Total Capital	18.74	7.65	8.67	5.21	-
Total Liabilities / Total Assets	41.29	30.87	32.29	30.53	-
EBIT / Interest Expense	13.07	22.7	14.45	31.73	-
EBITDA / Interest Expense	22.31	38.95	33.25	47.7	-
(EBITDA - Capex) / Interest Expense	11.45	16.11	16.51	28.52	-
Total Debt / EBITDA	0.95	0.57	0.61	0.28	-
Net Debt / EBITDA	0.84	0.31	0.5	0.08	-
Total Debt / (EBITDA - Capex)	1.85	1.38	1.23	0.47	-
Net Debt / (EBITDA - Capex)	1.64	0.76	1.01	0.13	-
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	21.85	48.36	15.43	25.03	-
Gross Profit, 1 Yr. Growth %	20.63	56.14	12.18	39.61	-
EBITDA, 1 Yr. Growth %	12.32	44.7	22.73	55.42	-
EBITA, 1 Yr. Growth %	9.61	42.17	-6.52	110.4	-
EBIT, 1 Yr. Growth %	9.61	42.17	-6.52	110.4	-
Earnings From Cont. Operations, 1 Yr. Growth %	6.14	19.27	189.64	-2.36	-
Net Income, 1 Yr. Growth %	6.14	19.27	189.64	-2.36	-
Normalized Net Income, 1 Yr. Growth %	14.2	48	-10.09	117.44	-
Diluted EPS Before Extra, 1 Yr. Growth %	5.71	-33.48	158.36	-4.37	-
Accounts Receivable, 1 Yr. Growth %	14.14	-36.66	-5.02	-6.16	-
Inventory, 1 Yr. Growth %	39.41	37.56	17.36	6.47	-
Net Property, Plant and Equip., 1 Yr. Growth %	4.38	140.49	14.97	1.15	-
Total Assets, 1 Yr. Growth %	5.95	129.98	22.09	4.54	-
Tangible Book Value, 1 Yr. Growth %	5.64	153.65	7.62	9.24	-
Common Equity, 1 Yr. Growth %	5.24	170.7	19.59	7.26	-
Cash From Operations, 1 Yr. Growth %	10.4	55.85	24.08	52.25	-
Capital Expenditures, 1 Yr. Growth %	14.27	71.49	7.53	9.9	-
Levered Free Cash Flow, 1 Yr. Growth %	-44.11	69.72	75.19	300.75	-
Unlevered Free Cash Flow, 1 Yr. Growth %	-40.48	56.05	72.99	267.83	-
Dividend Per Share, 1 Yr. Growth %	47.37	14.29	0	0	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	23.8	35.26	30.86	20.13	-
Gross Profit, 2 Yr. CAGR %	28.95	38.2	32.35	25.15	-
EBITDA, 2 Yr. CAGR %	30.83	28.56	34.68	30.11	-
EBITA, 2 Yr. CAGR %	11.34	26.6	15.29	40.24	-
EBIT, 2 Yr. CAGR %	11.34	26.6	15.29	40.24	-
Earnings From Cont. Operations, 2 Yr. CAGR %	7.13	14.46	85.87	68.17	-
Net Income, 2 Yr. CAGR %	7.13	14.46	85.87	68.17	-
Normalized Net Income, 2 Yr. CAGR %	11.98	31.98	15.37	39.82	-
Diluted EPS Before Extra, 2 Yr. CAGR %	5.62	-14.64	31.1	57.18	-
Accounts Receivable, 2 Yr. CAGR %	27.59	-14.97	-22.44	-5.59	-
Inventory, 2 Yr. CAGR %	23.1	38.48	27.06	11.78	-
Net Property, Plant and Equip., 2 Yr. CAGR %	4.49	58.74	66.28	7.84	-
Total Assets, 2 Yr. CAGR %	7.65	56.32	67.57	12.97	-
Tangible Book Value, 2 Yr. CAGR %	8.85	63.97	65.22	8.43	-
Common Equity, 2 Yr. CAGR %	8.17	69.05	79.92	13.26	-
Cash From Operations, 2 Yr. CAGR %	22.17	32.62	39.06	37.45	-
Capital Expenditures, 2 Yr. CAGR %	-0.85	42.33	35.8	8.71	-
Levered Free Cash Flow, 2 Yr. CAGR %	18.2	-4.52	82.67	102.19	-
Unlevered Free Cash Flow, 2 Yr. CAGR %	53.51	-5.22	73.24	96.98	-
Dividend Per Share, 2 Yr. CAGR %	59.54	29.78	6.9	0	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	20.39	32.02	28.3	28.89	-
Gross Profit, 3 Yr. CAGR %	26.04	38.08	28.92	34.73	-
EBITDA, 3 Yr. CAGR %	32.58	36.06	27.48	35.75	-
EBITA, 3 Yr. CAGR %	117.1	21.93	14.44	40.89	-
EBIT, 3 Yr. CAGR %	117.1	21.93	14.44	40.89	-
Earnings From Cont. Operations, 3 Yr. CAGR %	18.45	12.31	55.97	49.97	-
Net Income, 3 Yr. CAGR %	18.45	12.31	55.97	49.97	-
Normalized Net Income, 3 Yr. CAGR %	245.62	24.13	16.14	42.51	-
Diluted EPS Before Extra, 3 Yr. CAGR %	16.59	-8.39	23.47	18.01	-
Accounts Receivable, 3 Yr. CAGR %	10.44	1.03	-11.78	-17.35	-
Inventory, 3 Yr. CAGR %	21.16	27.74	31.05	19.79	-
Net Property, Plant and Equip., 3 Yr. CAGR %	7.04	38.13	42.56	40.89	-
Total Assets, 3 Yr. CAGR %	9.06	38.78	43.96	43.18	-
Tangible Book Value, 3 Yr. CAGR %	10.4	44.47	42.5	43.94	-
Common Equity, 3 Yr. CAGR %	9.54	47.01	50.63	51.43	-
Cash From Operations, 3 Yr. CAGR %	29.52	33.48	29.71	43.33	-
Capital Expenditures, 3 Yr. CAGR %	-11.5	20.34	29.63	26.55	-
Levered Free Cash Flow, 3 Yr. CAGR %	-18.17	31.6	21.47	98.21	-
Unlevered Free Cash Flow, 3 Yr. CAGR %	-10.21	52.64	19.99	88.82	-
Dividend Per Share, 3 Yr. CAGR %	47.08	42.75	18.98	4.55	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	12.33	20.68	24.77	27.13	-
Gross Profit, 5 Yr. CAGR %	13.5	22.82	28.88	32.76	-
EBITDA, 5 Yr. CAGR %	13.2	22.46	33.86	34.21	-
EBITA, 5 Yr. CAGR %	25.51	28.66	69.5	28.96	-
EBIT, 5 Yr. CAGR %	25.51	28.66	69.5	28.96	-
Earnings From Cont. Operations, 5 Yr. CAGR %	27.87	22.72	42.82	31.99	-
Net Income, 5 Yr. CAGR %	27.87	22.72	42.82	31.99	-
Normalized Net Income, 5 Yr. CAGR %	30.31	32.4	124.19	30.19	-
Diluted EPS Before Extra, 5 Yr. CAGR %	25.97	8.03	23.06	13.69	-
Accounts Receivable, 5 Yr. CAGR %	10.6	-6.49	-4.12	-1.68	-
Inventory, 5 Yr. CAGR %	14.65	19.27	23.49	21.1	-
Net Property, Plant and Equip., 5 Yr. CAGR %	8.41	26.82	27.76	25.11	-
Total Assets, 5 Yr. CAGR %	7.46	24.47	29.58	27.82	-
Tangible Book Value, 5 Yr. CAGR %	7.98	27.26	29.81	28.8	-
Common Equity, 5 Yr. CAGR %	5.89	26.84	33.68	32.45	-
Cash From Operations, 5 Yr. CAGR %	11.07	22.26	33.85	35.05	-
Capital Expenditures, 5 Yr. CAGR %	10.42	11.97	5.74	15.55	-
Levered Free Cash Flow, 5 Yr. CAGR %	-5.61	23.35	11.94	59.91	-
Unlevered Free Cash Flow, 5 Yr. CAGR %	-4.44	33.85	16.01	72.65	-
Dividend Per Share, 5 Yr. CAGR %	31.21	31.3	29.46	23.81	-