Agnico Eagle Mines Limited Net Assets
Agnico Eagle Mines Limited net assets. Based on the latest financial reports, Agnico Eagle Mines Limited (AEM) has net assets worth CA$28.56 Billion CAD (≈ $20.66 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$37.73 Billion ≈ $27.30 Billion USD) and total liabilities (CA$9.18 Billion ≈ $6.64 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Agnico Eagle Mines Limited net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$28.56 Billion |
| % of Total Assets | 75.68% |
| Annual Growth Rate | 18.27% |
| 5-Year Change | 312.94% |
| 10-Year Change | 449.75% |
| Growth Volatility | 38.1 |
Net Assets of Agnico Eagle Mines Limited (1993–2025)
Net assets of Agnico Eagle Mines Limited from 1993 to 2025. This chart illustrates how Agnico Eagle Mines Limited's net assets have evolved over time, based on quarterly financial data. See AEM equity to assets ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Agnico Eagle Mines Limited (1993–2025)
The table below shows the annual net assets of Agnico Eagle Mines Limited from 1993 to 2025. For live market cap and overall valuation, see AEM company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$24.70 Billion ≈ $17.87 Billion |
+18.55% |
| 2024-12-31 | CA$20.83 Billion ≈ $15.07 Billion |
+7.26% |
| 2023-12-31 | CA$19.42 Billion ≈ $14.05 Billion |
+19.59% |
| 2022-12-31 | CA$16.24 Billion ≈ $11.75 Billion |
+171.56% |
| 2021-12-31 | CA$5.98 Billion ≈ $4.33 Billion |
+5.24% |
| 2020-12-31 | CA$5.68 Billion ≈ $4.11 Billion |
+11.18% |
| 2019-12-31 | CA$5.11 Billion ≈ $3.70 Billion |
+12.34% |
| 2018-12-31 | CA$4.55 Billion ≈ $3.29 Billion |
-8.02% |
| 2017-12-31 | CA$4.95 Billion ≈ $3.58 Billion |
+10.12% |
| 2016-12-31 | CA$4.49 Billion ≈ $3.25 Billion |
+8.49% |
| 2015-12-31 | CA$4.14 Billion ≈ $3.00 Billion |
+1.78% |
| 2014-12-31 | CA$4.07 Billion ≈ $2.94 Billion |
+36.66% |
| 2013-12-31 | CA$2.98 Billion ≈ $2.15 Billion |
-12.70% |
| 2012-12-31 | CA$3.41 Billion ≈ $2.47 Billion |
+6.07% |
| 2011-12-31 | CA$3.22 Billion ≈ $2.33 Billion |
-12.28% |
| 2010-12-31 | CA$3.67 Billion ≈ $2.65 Billion |
+33.20% |
| 2009-12-31 | CA$2.75 Billion ≈ $1.99 Billion |
+9.29% |
| 2008-12-31 | CA$2.52 Billion ≈ $1.82 Billion |
+22.28% |
| 2007-12-31 | CA$2.06 Billion ≈ $1.49 Billion |
+64.40% |
| 2006-12-31 | CA$1.25 Billion ≈ $905.97 Million |
+91.19% |
| 2005-12-31 | CA$655.07 Million ≈ $473.87 Million |
+39.31% |
| 2004-12-31 | CA$470.23 Million ≈ $340.15 Million |
+17.34% |
| 2003-12-31 | CA$400.74 Million ≈ $289.89 Million |
+0.76% |
| 2002-12-31 | CA$397.69 Million ≈ $287.69 Million |
+88.20% |
| 2001-12-31 | CA$211.31 Million ≈ $152.86 Million |
+54.86% |
| 2000-12-31 | CA$136.46 Million ≈ $98.71 Million |
-1.93% |
| 1999-12-31 | CA$139.14 Million ≈ $100.65 Million |
-5.12% |
| 1998-12-31 | CA$146.64 Million ≈ $106.08 Million |
+46.50% |
| 1997-12-31 | CA$100.10 Million ≈ $72.41 Million |
-34.21% |
| 1996-12-31 | CA$152.14 Million ≈ $110.06 Million |
+19.66% |
| 1995-12-31 | CA$127.14 Million ≈ $91.97 Million |
+15.57% |
| 1994-12-31 | CA$110.01 Million ≈ $79.58 Million |
-4.31% |
| 1993-12-31 | CA$114.96 Million ≈ $83.16 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Agnico Eagle Mines Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 545464228885.0% over the analyzed period, indicating profitable operations and earnings retention.
Agnico Eagle Mines Limited Net Assets Breakdown (December 2025)
Agnico Eagle Mines Limited net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$5.45 Billion | 22.08% |
| Common Stock | CA$18.67 Billion | 75.58% |
| Other Comprehensive Income | CA$577.64 Million | 2.34% |
| Other Components | CA$1.00 | 0.00% |
| Total Equity | CA$24.70 Billion | 100.00% |
Agnico Eagle Mines Limited Competitors by Market Cap
The table below lists competitors of Agnico Eagle Mines Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Intuit Inc
NASDAQ:INTU
|
$85.94 Billion |
|
ANZ Group Holdings Ltd
AU:ANZ
|
$85.94 Billion |
|
KKR & Co. Inc.
NYSE:KKR
|
$86.16 Billion |
|
National Grid PLC ADR
NYSE:NGG
|
$86.46 Billion |
|
Monster Beverage Corp
NASDAQ:MNST
|
$85.49 Billion |
|
Marsh & McLennan Companies, Inc.
NYSE:MRSH
|
$85.27 Billion |
|
ASE Industrial Holding Co Ltd
TW:3711
|
$85.16 Billion |
|
Ping An Insurance Group Co of China Ltd
SHG:601318
|
$85.16 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Agnico Eagle Mines Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 20,832,900,000 to 24,697,436,426, a change of 3,864,536,426 (18.6%).
- Net income of 4,539,561,255 contributed positively to equity growth.
- Dividend payments of 740,822,376 reduced retained earnings.
- Share repurchases of 694,844,353 reduced equity.
- New share issuances of 42,363,000 increased equity.
- Other comprehensive income increased equity by 618,789,860.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$4.54 Billion | +18.38% |
| Dividends Paid | CA$740.82 Million | -3.0% |
| Share Repurchases | CA$694.84 Million | -2.81% |
| Share Issuances | CA$42.36 Million | +0.17% |
| Other Comprehensive Income | CA$618.79 Million | +2.51% |
| Other Changes | CA$99.49 Million | +0.4% |
| Total Change | CA$- | 18.55% |
Book Value vs Market Value Analysis
This analysis compares Agnico Eagle Mines Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.77x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 71.30x to 4.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | CA$3.28 | CA$234.19 | x |
| 1994-12-31 | CA$3.03 | CA$234.19 | x |
| 1995-12-31 | CA$3.43 | CA$234.19 | x |
| 1996-12-31 | CA$4.89 | CA$234.19 | x |
| 1997-12-31 | CA$2.21 | CA$234.19 | x |
| 1998-12-31 | CA$2.84 | CA$234.19 | x |
| 1999-12-31 | CA$2.55 | CA$234.19 | x |
| 2000-12-31 | CA$2.46 | CA$234.19 | x |
| 2001-12-31 | CA$2.72 | CA$234.19 | x |
| 2002-12-31 | CA$4.96 | CA$234.19 | x |
| 2003-12-31 | CA$4.73 | CA$234.19 | x |
| 2004-12-31 | CA$5.50 | CA$234.19 | x |
| 2005-12-31 | CA$7.44 | CA$234.19 | x |
| 2006-12-31 | CA$10.48 | CA$234.19 | x |
| 2007-12-31 | CA$15.37 | CA$234.19 | x |
| 2008-12-31 | CA$17.26 | CA$234.19 | x |
| 2009-12-31 | CA$17.35 | CA$234.19 | x |
| 2010-12-31 | CA$22.10 | CA$234.19 | x |
| 2011-12-31 | CA$18.91 | CA$234.19 | x |
| 2012-12-31 | CA$19.89 | CA$234.19 | x |
| 2013-12-31 | CA$17.22 | CA$234.19 | x |
| 2014-12-31 | CA$20.74 | CA$234.19 | x |
| 2015-12-31 | CA$19.07 | CA$234.19 | x |
| 2016-12-31 | CA$19.90 | CA$234.19 | x |
| 2017-12-31 | CA$21.28 | CA$234.19 | x |
| 2018-12-31 | CA$19.51 | CA$234.19 | x |
| 2019-12-31 | CA$21.46 | CA$234.19 | x |
| 2020-12-31 | CA$23.38 | CA$234.19 | x |
| 2021-12-31 | CA$24.44 | CA$234.19 | x |
| 2022-12-31 | CA$37.04 | CA$234.19 | x |
| 2023-12-31 | CA$39.65 | CA$234.19 | x |
| 2024-12-31 | CA$41.59 | CA$234.19 | x |
| 2025-12-31 | CA$49.06 | CA$234.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Agnico Eagle Mines Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 18.38%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 37.47%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.39x
- Recent ROE (18.38%) is above the historical average (0.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 4.87% | 9.57% | 0.41x | 1.25x | CA$-5.90 Million |
| 1994 | 9.02% | 18.13% | 0.21x | 2.33x | CA$-1.08 Million |
| 1995 | 11.89% | 23.30% | 0.23x | 2.22x | CA$2.40 Million |
| 1996 | 0.15% | 0.37% | 0.20x | 2.05x | CA$-14.46 Million |
| 1997 | -89.54% | -191.80% | 0.19x | 2.46x | CA$-94.56 Million |
| 1998 | -5.19% | -18.22% | 0.15x | 1.94x | CA$-21.74 Million |
| 1999 | -10.79% | -49.53% | 0.10x | 2.17x | CA$-28.24 Million |
| 2000 | -3.86% | -7.72% | 0.18x | 2.72x | CA$-18.56 Million |
| 2001 | -3.62% | -8.02% | 0.24x | 1.87x | CA$-28.79 Million |
| 2002 | 1.01% | 3.66% | 0.19x | 1.49x | CA$-35.75 Million |
| 2003 | -4.87% | -15.05% | 0.20x | 1.59x | CA$-59.57 Million |
| 2004 | 10.18% | 25.37% | 0.26x | 1.53x | CA$856.40K |
| 2005 | 5.65% | 15.02% | 0.25x | 1.49x | CA$-28.51 Million |
| 2006 | 12.88% | 31.60% | 0.34x | 1.21x | CA$36.10 Million |
| 2007 | 6.77% | 30.20% | 0.17x | 1.33x | CA$-66.55 Million |
| 2008 | 2.91% | 19.22% | 0.11x | 1.34x | CA$-178.61 Million |
| 2009 | 3.14% | 13.87% | 0.15x | 1.54x | CA$-188.64 Million |
| 2010 | 9.06% | 21.89% | 0.28x | 1.50x | CA$-34.43 Million |
| 2011 | -17.76% | -31.32% | 0.36x | 1.57x | CA$-889.19 Million |
| 2012 | 9.12% | 16.21% | 0.36x | 1.54x | CA$-30.11 Million |
| 2013 | -13.65% | -24.81% | 0.33x | 1.67x | CA$-704.24 Million |
| 2014 | 2.04% | 4.37% | 0.28x | 1.68x | CA$-323.88 Million |
| 2015 | 0.59% | 1.24% | 0.30x | 1.61x | CA$-389.52 Million |
| 2016 | 3.54% | 7.43% | 0.30x | 1.58x | CA$-290.42 Million |
| 2017 | 4.93% | 10.88% | 0.29x | 1.59x | CA$-250.81 Million |
| 2018 | -7.18% | -14.91% | 0.28x | 1.73x | CA$-781.70 Million |
| 2019 | 9.26% | 18.97% | 0.28x | 1.72x | CA$-37.99 Million |
| 2020 | 9.00% | 16.30% | 0.33x | 1.69x | CA$-56.71 Million |
| 2021 | 9.40% | 14.70% | 0.38x | 1.70x | CA$-36.14 Million |
| 2022 | 4.13% | 11.67% | 0.24x | 1.45x | CA$-953.89 Million |
| 2023 | 9.99% | 29.29% | 0.23x | 1.48x | CA$-984.50K |
| 2024 | 9.10% | 22.88% | 0.28x | 1.44x | CA$-187.71 Million |
| 2025 | 18.38% | 37.47% | 0.35x | 1.39x | CA$2.07 Billion |
Industry Comparison
This section compares Agnico Eagle Mines Limited's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $740,721,758
- Average return on equity (ROE) among peers: -23.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Agnico Eagle Mines Limited (AEM) | CA$28.56 Billion | 4.87% | 0.32x | $85.78 Billion |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $2.40 Billion |
| Abcourt Mines Inc. (ABI) | $-3.13 Million | 0.00% | 0.00x | $47.48 Million |
| Barrick Gold Corp (ABX) | $3.85 Billion | 10.41% | 0.78x | $61.83 Billion |
| American Eagle Gold Corp (AE) | $830.83K | -165.75% | 0.05x | $133.41 Million |
| Alamos Gold Inc (AGI) | $2.70 Billion | 3.57% | 0.26x | $11.51 Billion |
| AIS Resources Ltd (AIS) | $2.27 Million | 1.48% | 0.03x | $2.02 Million |
| Alliance Mining Corp (ALM) | $-2.44 Million | 0.00% | 0.00x | $2.09 Million |
| Altamira Gold Corp (ALTA) | $2.59 Million | -43.05% | 0.10x | $38.63 Million |
| Almaden Minerals Ltd (AMM) | $9.85 Million | -13.46% | 0.05x | $24.82 Million |
About Agnico Eagle Mines Limited
Agnico Eagle Mines Limited, a gold mining company, engages in the exploration, development, and production of precious metals. It explores for gold, silver, copper, and zinc. The company's mines are located in Canada, Australia, Finland, and Mexico; and with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States. Agnico Eagle Mines Limited was in… Read more