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Agnico Eagle Mines (NYSE:AEM) Tax Rate %

: 29.92% (As of Jun. 2023)
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Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Agnico Eagle Mines's Tax Expense for the three months ended in Jun. 2023 was $140 Mil. Agnico Eagle Mines's Pre-Tax Income for the three months ended in Jun. 2023 was $466 Mil. Therefore, Agnico Eagle Mines's Tax Rate % for the quarter that ended in Jun. 2023 was 29.92%.


Agnico Eagle Mines Tax Rate % Historical Data

The historical data trend for Agnico Eagle Mines's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Agnico Eagle Mines Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Tax Rate %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -26.11 35.95 33.35 39.75 39.91

Agnico Eagle Mines Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Tax Rate % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.44 64.80 26.49 6.61 29.92

Agnico Eagle Mines Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Agnico Eagle Mines's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2022 )/Pre-Tax Income (A: Dec. 2022 )
=445.174/1115.423
=39.91 %

Agnico Eagle Mines's Tax Rate % for the quarter that ended in Jun. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2023 )/Pre-Tax Income (Q: Jun. 2023 )
=139.519/466.34
=29.92 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Agnico Eagle Mines Tax Rate % Related Terms

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Agnico Eagle Mines (NYSE:AEM) Business Description

Agnico Eagle Mines logo
Traded in Other Exchanges
Address
145 King Street East, Suite 400, Toronto, ON, CAN, M5C 2Y7
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 merged with Kirkland Lake Gold in 2022, acquiring the Detour Lake and Macassa mines in Canada along with the high-grade, low-cost Fosterville mine in Australia. It produced more than 3.1 million gold ounces in 2022 and had about 15 years of gold reserves at end 2022. Agnico Eagle is focused on increasing gold production in lower-risk jurisdictions and bought the remaining 50% of its Canadian Malartic mine along with the Wasamac project and other assets from Yamana Gold in 2023.