Agnico Financial Statements From 2010 to 2024

AEM Stock  CAD 114.26  3.66  3.10%   
Agnico Eagle financial statements provide useful quarterly and yearly information to potential Agnico Eagle Mines investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Agnico Eagle financial statements helps investors assess Agnico Eagle's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Agnico Eagle's valuation are summarized below:
Gross Profit
3.1 B
Profit Margin
0.1295
Market Capitalization
59.1 B
Enterprise Value Revenue
5.4909
Revenue
7.8 B
We have found one hundred twenty available fundamental signals for Agnico Eagle Mines, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to validate Agnico Eagle's prevailing fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 26th of November 2024, Market Cap is likely to grow to about 16.1 B. Also, Enterprise Value is likely to grow to about 5.1 B

Agnico Eagle Total Revenue

6.96 Billion

Check Agnico Eagle financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Agnico Eagle's main balance sheet or income statement drivers, such as Interest Expense of 95.8 M, Total Revenue of 7 B or Gross Profit of 2.3 B, as well as many indicators such as Price To Sales Ratio of 7.16, Dividend Yield of 0.025 or PTB Ratio of 1.32. Agnico financial statements analysis is a perfect complement when working with Agnico Eagle Valuation or Volatility modules.
  
This module can also supplement various Agnico Eagle Technical models . Check out the analysis of Agnico Eagle Correlation against competitors.

Agnico Eagle Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding514.4 M489.9 M240.5 M
Slightly volatile
Total Assets30.1 B28.7 B10.8 B
Slightly volatile
Other Current Liabilities6.9 M7.2 M43.3 M
Very volatile
Total Current Liabilities1.1 BB510.7 M
Slightly volatile
Total Stockholder Equity20.4 B19.4 BB
Slightly volatile
Property Plant And Equipment Net22.3 B21.2 B8.2 B
Slightly volatile
Accounts Payable166 M317.9 M276 M
Slightly volatile
Cash220.6 M338.6 M311.1 M
Slightly volatile
Non Current Assets Total27.8 B26.5 B9.6 B
Slightly volatile
Non Currrent Assets Other762.1 M725.8 M221.8 M
Slightly volatile
Other Assets544 M518.1 M204.9 M
Slightly volatile
Cash And Short Term Investments268 M348.8 M358.1 M
Slightly volatile
Short Term Investments9.7 M10.2 M55.3 M
Slightly volatile
Liabilities And Stockholders Equity30.1 B28.7 B10.8 B
Slightly volatile
Non Current Liabilities Total8.6 B8.2 B3.3 B
Slightly volatile
Other Current Assets34.1 M35.9 M140.6 M
Very volatile
Other Stockholder Equity212.6 M223.8 M423.3 M
Slightly volatile
Total Liabilities9.7 B9.3 B3.9 B
Slightly volatile
Property Plant And Equipment Gross34.1 B32.5 B10.7 B
Slightly volatile
Total Current Assets2.3 B2.2 B1.2 B
Slightly volatile
Short Term Debt153.7 M146.4 M91.6 M
Slightly volatile
Short and Long Term Debt Total2.1 BB1.4 B
Slightly volatile
Inventory1.5 B1.4 B639.4 M
Slightly volatile
Common Stock Total Equity3.3 B6.6 B4.5 B
Slightly volatile
Common Stock19.3 B18.3 B7.1 B
Slightly volatile
Net Receivables194.1 M184.9 M57.1 M
Slightly volatile
Good Will4.4 B4.2 BB
Slightly volatile
Other LiabilitiesB5.7 BB
Slightly volatile
Net Tangible Assets4.6 B6.4 B4.1 B
Slightly volatile
Long Term Debt1.5 B1.7 B1.3 B
Slightly volatile
Short and Long Term Debt85.5 M90 M470.9 M
Slightly volatile
Property Plant Equipment22.3 B21.2 B8.4 B
Slightly volatile
Deferred Long Term Liabilities892.7 M951.4 M827.7 M
Slightly volatile
Long Term Investments193.8 M334.6 M162.4 M
Slightly volatile
Long Term Debt Total1.5 B1.6 B1.3 B
Slightly volatile
Capital Surpluse28.4 M21 M34.6 M
Slightly volatile
Capital Lease Obligations96.3 M161.5 M57.9 M
Slightly volatile
Non Current Liabilities Other253.9 M241.8 M53.2 M
Slightly volatile
Cash And Equivalents347.8 M592.8 M481.6 M
Slightly volatile
Net Invested Capital11.5 B21.3 B8.6 B
Slightly volatile
Net Working Capital928 M1.1 B981.8 M
Slightly volatile
Capital Stock10.5 B18.3 B7.4 B
Slightly volatile

Agnico Eagle Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total RevenueB6.6 BB
Slightly volatile
Gross Profit2.3 B2.2 B950.4 M
Slightly volatile
Operating Income1.8 B1.7 B642.5 M
Slightly volatile
EBITDA3.3 B3.2 B1.3 B
Slightly volatile
Depreciation And Amortization1.6 B1.5 B641.5 M
Slightly volatile
EBIT1.8 B1.7 B644.2 M
Slightly volatile
Selling General Administrative218.9 M208.5 M128.9 M
Slightly volatile
Other Operating Expenses5.2 B4.9 B2.3 B
Slightly volatile
Cost Of Revenue4.6 B4.4 BB
Slightly volatile
Total Operating Expenses532.6 M507.2 M293.7 M
Slightly volatile
Tax Provision254.1 M417.8 M174.9 M
Slightly volatile
Interest Income11.1 M11.7 M58.4 M
Very volatile
Selling And Marketing Expenses18 M20.3 M22.1 M
Slightly volatile
Reconciled Depreciation874.4 M1.5 B666.7 M
Slightly volatile

Agnico Eagle Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow691.6 M658.6 M322.8 M
Slightly volatile
Depreciation1.6 B1.5 B641.5 M
Slightly volatile
Dividends Paid670.6 M638.6 M211.9 M
Slightly volatile
Capital Expenditures1.7 B1.7 B829.1 M
Slightly volatile
Total Cash From Operating Activities2.7 B2.6 B1.1 B
Slightly volatile
End Period Cash Flow224.5 M338.6 M312 M
Slightly volatile
Stock Based Compensation54.6 M71.6 M50.5 M
Pretty Stable
Issuance Of Capital Stock19.9 M26.8 M15.9 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio7.163.97224.3885
Pretty Stable
Dividend Yield0.0250.02380.0148
Slightly volatile
PTB Ratio1.321.38722.071
Slightly volatile
Days Sales Outstanding9.459.94969.4636
Slightly volatile
Book Value Per Share41.4139.441923.2112
Slightly volatile
Operating Cash Flow Per Share5.695.42083.7718
Slightly volatile
Average Payables11.4 M12.9 M14 M
Slightly volatile
Stock Based Compensation To Revenue0.01010.01060.0219
Slightly volatile
Capex To Depreciation1.041.09211.4526
Slightly volatile
PB Ratio1.321.38722.071
Slightly volatile
EV To Sales8.154.21914.869
Pretty Stable
ROIC0.130.12690.0606
Slightly volatile
Inventory Turnover4.553.35423.2012
Slightly volatile
Days Of Inventory On Hand87.62109124
Slightly volatile
Payables Turnover15.7214.97212.4134
Slightly volatile
Sales General And Administrative To Revenue0.05430.03090.0514
Slightly volatile
Capex To Revenue0.240.25130.2863
Very volatile
Cash Per Share0.680.71381.6108
Slightly volatile
POCF Ratio9.6110.118412.9545
Slightly volatile
Interest Coverage34.532.85269.7896
Slightly volatile
Capex To Operating Cash Flow0.610.640.8708
Pretty Stable
Days Payables Outstanding23.1624.378836.0895
Slightly volatile
EV To Operating Cash Flow10.2110.747313.8997
Slightly volatile
Current Ratio1.982.082.7412
Slightly volatile
Tangible Book Value Per Share32.4830.934720.2632
Slightly volatile
Receivables Turnover72.1436.6849126
Slightly volatile
Graham Number62.4259.445529.6274
Slightly volatile
Shareholders Equity Per Share41.5239.538823.2202
Slightly volatile
Debt To Equity0.09060.09540.3011
Slightly volatile
Capex Per Share1.863.46952.932
Slightly volatile
Average Receivables149.5 M163.9 M104.2 M
Pretty Stable
Revenue Per Share14.513.808310.8087
Slightly volatile
Interest Debt Per Share3.33.97375.651
Very volatile
Debt To Assets0.06140.06460.1725
Slightly volatile
Short Term Coverage Ratios27.8226.492713.588
Pretty Stable
Operating Cycle143119136
Slightly volatile
Price Book Value Ratio1.321.38722.071
Slightly volatile
Days Of Payables Outstanding23.1624.378836.0895
Slightly volatile
Price To Operating Cash Flows Ratio9.6110.118412.9545
Slightly volatile
Operating Profit Margin0.290.48180.2681
Pretty Stable
Company Equity Multiplier1.881.47691.6094
Slightly volatile
Long Term Debt To Capitalization0.07860.08270.2098
Slightly volatile
Total Debt To Capitalization0.08270.08710.217
Slightly volatile
Return On Capital Employed0.09820.11830.0961
Slightly volatile
Debt Equity Ratio0.09060.09540.3011
Slightly volatile
Ebit Per Revenue0.290.48180.2681
Pretty Stable
Quick Ratio0.690.72611.5413
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.191.1351.0332
Pretty Stable
Net Income Per E B T0.550.80810.6887
Very volatile
Cash Ratio0.310.32310.8446
Slightly volatile
Operating Cash Flow Sales Ratio0.210.39260.3284
Very volatile
Days Of Inventory Outstanding87.62109124
Slightly volatile
Days Of Sales Outstanding9.459.94969.4636
Slightly volatile
Cash Flow Coverage Ratios1.511.43740.7617
Slightly volatile
Price To Book Ratio1.321.38722.071
Slightly volatile
Fixed Asset Turnover5.895.60831.1344
Slightly volatile
Capital Expenditure Coverage Ratio1.641.56241.2644
Slightly volatile
Price Cash Flow Ratio9.6110.118412.9545
Slightly volatile
Debt Ratio0.06140.06460.1725
Slightly volatile
Cash Flow To Debt Ratio1.511.43740.7617
Slightly volatile
Price Sales Ratio7.163.97224.3885
Pretty Stable
Asset Turnover0.20.23650.3046
Slightly volatile
Gross Profit Margin0.40.29470.3237
Pretty Stable
Price Fair Value1.321.38722.071
Slightly volatile

Agnico Eagle Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap16.1 B15.3 B13.2 B
Slightly volatile
Enterprise Value5.1 B4.9 BB
Slightly volatile

Agnico Fundamental Market Drivers

Forward Price Earnings16.8634
Cash And Short Term Investments348.8 M

About Agnico Eagle Financial Statements

Agnico Eagle investors utilize fundamental indicators, such as revenue or net income, to predict how Agnico Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue663 M696.2 M
Total Revenue6.6 BB
Cost Of Revenue4.4 B4.6 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.03  0.05 
Capex To Revenue 0.25  0.24 
Revenue Per Share 13.81  14.50 
Ebit Per Revenue 0.48  0.29 

Pair Trading with Agnico Eagle

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Agnico Eagle position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Agnico Eagle will appreciate offsetting losses from the drop in the long position's value.

Moving together with Agnico Stock

  0.85AG First Majestic SilverPairCorr
  0.68IE Ivanhoe EnergyPairCorr
The ability to find closely correlated positions to Agnico Eagle could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Agnico Eagle when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Agnico Eagle - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Agnico Eagle Mines to buy it.
The correlation of Agnico Eagle is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Agnico Eagle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agnico Eagle Mines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Agnico Eagle can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Agnico Eagle Mines is a strong investment it is important to analyze Agnico Eagle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Agnico Eagle's future performance. For an informed investment choice regarding Agnico Stock, refer to the following important reports:
Check out the analysis of Agnico Eagle Correlation against competitors.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Please note, there is a significant difference between Agnico Eagle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agnico Eagle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agnico Eagle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.