Companies: 10,795·Total market cap: $144.5T
Agnico Eagle Mines Limited

Agnico Eagle Mines Limited

AEM.TOTSXBasic Materials● Active
$226.34
$-1.68(-0.74%)
Market Cap$113.4B
P/E Ratio
52W High$348.94
52W Low$156.93

Agnico Eagle Mines Limited (AEM.TO) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

AEM.TO · free cash flow · updated Jun 8, 2026

Core FCF metrics

Free cash flow was $4.45B for FY2025 (fiscal year ending 2025-12-31), up 109.4% year-over-year The FCF margin was 36.8%. Five-year CAGR stands at +59.4%.

FY2025 Free Cash Flow$4.45B▲ +109.4% YoY
Trailing 12M (TTM)$4.52Btrailing 4 quarters sum
FCF Margin36.8%$4.45B ÷ revenue
3-Year CAGR+99.8%FY2022 → FY2025
5-Year CAGR+59.4%FY2020 → FY2025
FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

Positive FCFNegative FCF
Free Cash Flow
YoY Growth %
aem.to free cash flow history · aem.to free cash flow chart · aem.to free cash flow growth rate · aem.to free cash flow last 10 years

Annual free cash flow data

Fiscal YearFree Cash FlowYoY ChangeFCF Margin
FY2025Latest$4.45B▲ +109.4%36.8%
FY2024$2.13B▲ +123.0%25.7%
FY2023$953.7M▲ +70.8%14.4%
FY2022$558.4M▲ +40.2%9.7%
FY2021$398.3M▼ 8.0%10.4%
FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP
aem.to free cash flow 2025 · aem.to free cash flow 2024 · aem.to free cash flow 2023 · aem.to operating cash flow

FCF valuation metrics

Agnico Eagle Mines Limited (AEM.TO) trades at a FCF yield of 5.51% and a price-to-free-cash-flow ratio of 25.1x. FCF per share stands at $9.01, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)
5.51%
Free Cash Flow ÷ Market Cap
per FMP freeCashFlowYieldTTM definition
FCF per Share (TTM)
$9.01
TTM FCF ÷ Shares Outstanding
Price / FCF
x25.1
Share Price ÷ FCF per Share
EV / FCF (TTM)
x17.5
Enterprise Value basis
Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31
aem.to price to free cash flow · aem.to free cash flow yield · aem.to free cash flow per share · aem.to price to cash flow ratio

Cash flow statement summary

For FY2025, Agnico Eagle Mines Limited generated $6.93B in operating cash flow and spent 2.48B in capital expenditures, yielding $4.45B in free cash flow.

Operating Activities
+$6.93B
Cash from core business operations
2025-12-31
Investing Activities
−$2.64B
CapEx, acquisitions & investments
2025-12-31
Financing Activities
−$2.32B
Buybacks, dividends & debt
2025-12-31
FCF FormulaOperating CF ($6.93B) − |CapEx| (2.48B) = FCF ($4.45B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement
aem.to cash flow statement · aem.to cash flow statement 2025 · aem.to operating cash flow · aem.to cash flow from operations

Free cash flow vs peers (Basic Materials)

#CompanyFree Cash FlowYoY
#1
Agnico Eagle Mines Limited
Agnico Eagle Mines LimitedYOU
AEM.TO
$4.45B+109.4%
#2
BHP Group Limited
BHP Group Limited
BHP
$9.28B-21.7%
#3
Linde plc
Linde plc
LIN
$5.09B+3.3%
#4
Rio Tinto Group
Rio Tinto Group
RIO
$4.82B-19.3%
#5
Southern Copper Corporation
Southern Copper Corporation
SCCO
$3.43B+1.0%
#6
Newmont Corporation
Newmont Corporation
NGT.TO
$2.96B+2952.6%
Basic Materials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Agnico Eagle Mines Limited (AEM.TO) reported free cash flow of $4.45B for FY2025 (fiscal year ending 2025-12-31), up 109.4% year-over-year. The FCF margin was 36.8%.

Based on available data, Agnico Eagle Mines Limited has maintained positive free cash flow for at least 11 fiscal year(s). FCF peaked at $4.45B in FY2025. The 5-year CAGR stands at +59.4%.

Agnico Eagle Mines Limited's FCF yield is 5.51% and price-to-FCF ratio is 25.1x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Frequently asked questions

AEM.TO free cash flow · 8 questions

Agnico Eagle Mines Limited free cash flow was $4.45B for FY2025, up 109.4% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $4.52B.

AEM.TO free cash flowAEM.TO FCFAEM.TO FCF 2025AEM.TO free cash flow TTM

Source: FMP /cash-flow-statement · US GAAP · Agnico Eagle Mines Limited · Agnico Eagle Mines Limited SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026