Agnico Income Before Tax from 2010 to 2024

AEM Stock  USD 84.30  0.73  0.87%   
Agnico Eagle Income Before Tax yearly trend continues to be very stable with very little volatility. Income Before Tax is likely to grow to about 2.5 B this year. During the period from 2010 to 2024, Agnico Eagle Income Before Tax quarterly data regression pattern had range of 3.3 B and standard deviation of  921,858,846. View All Fundamentals
 
Income Before Tax  
First Reported
1990-03-31
Previous Quarter
710.1 M
Current Value
846.5 M
Quarterly Volatility
231.6 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 103.9 M, Total Revenue of 7.1 B or Gross Profit of 2.1 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.
  
Check out the analysis of Agnico Eagle Correlation against competitors.

Latest Agnico Eagle's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Agnico Eagle Mines over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Agnico Eagle income statement and is an important metric when analyzing Agnico Eagle Mines profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Agnico Eagle's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Agnico Eagle's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Agnico Income Before Tax Regression Statistics

Arithmetic Mean557,593,709
Coefficient Of Variation165.33
Mean Deviation680,580,851
Median342,381,000
Standard Deviation921,858,846
Sample Variance849823.7T
Range3.3B
R-Value0.83
Mean Square Error289368.9T
R-Squared0.68
Significance0.0001
Slope170,458,800
Total Sum of Squares11897532.3T

Agnico Income Before Tax History

20242.5 B
20232.4 B
20221.1 B
2021903.4 M
2020767.6 M
2019738.7 M
2018-259.1 M

About Agnico Eagle Financial Statements

Agnico Eagle investors utilize fundamental indicators, such as Income Before Tax, 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
Income Before Tax2.4 B2.5 B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Agnico Eagle. If investors know Agnico will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Agnico Eagle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.245
Dividend Share
1.6
Earnings Share
1.98
Revenue Per Share
15.68
Quarterly Revenue Growth
0.312
The market value of Agnico Eagle Mines is measured differently than its book value, which is the value of Agnico that is recorded on the company's balance sheet. Investors also form their own opinion of Agnico Eagle's value that differs from its market value or its book value, called intrinsic value, which is Agnico Eagle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Agnico Eagle's market value can be influenced by many factors that don't directly affect Agnico Eagle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.