Agnico Eagle is a gold miner with mines in Canada, Mexico, Finland, and Australia. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines online in rapid succession in the following years.
It is a $95.8B materials company. Revenue grew 43.7% over the last year, it keeps 37¢ of every dollar of sales as profit, and it holds more cash than debt. It trades at 15.9× earnings.
- Website
- agnicoeagle.com
- Employees
- 18 216
- Sector
- Basic Materials
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong growth, profitability, health, quality and moat.
Valuation69
- P/E vs own history36th pct · 20/25
- FCF yield4.8% · 12/25
- P/S6.4x · 12/25
- EV/EBITDA8.6x · 25/25
Growth75
- Revenue CAGR32.4% · 25/25
- Net income CAGR67.9% · 25/25
- EPS CAGR ~5Y40.1% · 25/25
- Fwd implied growth-4.9% · 0/25
Profitability90
- ROIC17.5% · 20/25
- ROE22.8% · 20/25
- Net margin37.5% · 25/25
- Operating margin60.3% · 25/25
Health100
- Altman Z7.54 · 25/25
- Current ratio2.86 · 25/25
- Interest coverage13.1x · 25/25
- Net cash / debtNet cash · 25/25
Quality87
- Piotroski F8/9 · 25/25
- Beneish M-2.67 · 25/25
- FCF conversion102% · 25/25
- Margin stabilityσ 12.6% · 12/25
Moat75
- ROIC >12% years1/5 yrs · 0/25
- Median gross margin57.8% · 25/25
- FCF-positive years5/5 yrs · 25/25
- Worst-year net marginworst 11.7% · 25/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2025FinancialRevenue crossed $10B$11.9B for the year
- FY2025FinancialBest year on record$4.46B net income
- 2025AcquisitionAgnico Eagle Mines Limited completed the acquisition of 100% of O3 Mining Inc
- FY2024FinancialBecame debt-freecash now exceeds total debt
- Feb 8, 2022AcquisitionAgnico Eagle acquired its interest in the Detour Lake mine on February 8, 2022
- FY2021FinancialProfitable every year on record5 consecutive profitable years in our data
- FY2021FinancialRevenue already above $1B$3.87B in first reported year
- FY2021FinancialPositive free cash flow every year since5-year streak
- 2021AcquisitionA $13.5 billion merger between Kirkland Lake Gold and Agnico consolidated the largest gold mines in…
- 1988AcquisitionDuring this period, Agnico Eagle also acquired the property and assets of Dumagami Mines Limited in north-western Quebec
- 1963AcquisitionPaul Penna became the president of Agnico Mines, and he eventually oversaw the merger of Agnico Mines with…
- 1953MilestoneFive struggling mining companies joined to become Cobalt Consolidated Mining
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- High gross margin (74.6%)
- Strongly profitable — 37.5% net margin
- Revenue growing 43.7% year over year
- Strong cash conversion — FCF is 38.3% of revenue
- Net cash position after subtracting debt from cash
Watch-outs
Nothing stands out as a concern in the available data.
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+43.7% YoY
- Profitable — makes more than it spends$4.46B FY2025
- Profit growing — earnings are higher than last year+79.7% YoY
- Generates cash — cash left after running and investing$4.56B FY2025
- Debt under control — could handle its obligationsmore cash than debt
- Established company — not a micro-cap — lower blow-up risk$95.8B market cap
- Not printing shares — share count not ballooning — you keep your slice+106.1% shares over ~5y
- Proven track record — years of profitability behind it5/5 profitable years
- Financially stable — balance sheet not near distressAltman Z 7.5 — safe
- Pays a dividend — returns cash to shareholdersyield 0.84%
- Valuation not extreme — price not wildly above earningsP/E 15.9
Peer comparisonAgnico Eagle Mines Ltd. vs 6 largest basic materials peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| AEM this company | $95.8B | 15.9 | +43.7% | 37.5% | Strong |
| LIN Linde plc Ordinary Share | $223.2B | 30.8 | +6.6% | 20.4% | Solid |
| SCCO Southern Copper Corporation | $176.8B | 31.2 | +32.8% | 35.9% | Strong |
| NEM Newmont Corporation | $124.2B | 14.4 | +25.2% | 33.4% | Strong |
| FCX Freeport-McMoran Inc. | $105.8B | 35.9 | +0.2% | 11.4% | Strong |
| B Barrick Mining Corporation | $67.5B | 10.1 | +9.2% | 31.6% | Strong |
| WPM Wheaton Precious Metals Corp. | $63.0B | 30.2 | +80.2% | 63.6% | Solid |
Head-to-head: AEM vs LIN · AEM vs SCCO · AEM vs NEM
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2021–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/AEM
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of AEM on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $189.21 · market cap $95.8B.