Agnico Eagle Mines (FRA:AE9) EBIT: €6,960 Mil (TTM As of Mar. 2026)


FRA:AE9 Agnico Eagle Mines Ltd FRA:AE9
97 GF Score
Price €134.20
GF Value €139.25
Valuation Fairly Valued
! 1 Warning Sign
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What is Agnico Eagle Mines EBIT?

Agnico Eagle Mines FRA:AE9 -4.48% 97 EBIT is €6,960 Mil as of Mar. 2026. GuruFocus rates FRA:AE9 with a GF Score™ of 97/100 and a GF Value™ of €139.25 (Fairly Valued). The stock has 1 warning sign investors should review.

Agnico Eagle Mines's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €2,228 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €6,960 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Agnico Eagle Mines's annualized ROC % for the quarter that ended in Mar. 2026 was 22.48%. Agnico Eagle Mines's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 44.96%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Agnico Eagle Mines's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.70%.


Agnico Eagle Mines  (FRA:AE9) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Agnico Eagle Mines's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=8846.404 * ( 1 - 33.76% )/( (25578.065 + 26548.474)/ 2 )
=5859.8580096/26063.2695
=22.48 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=29438.483 - 1706.856 - ( 2455.172 - max(0, 2111.264 - 4264.826+2455.172))
=25578.065

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=30409.681 - 1160.109 - ( 2701.098 - max(0, 1409.364 - 4436.822+2701.098))
=26548.474

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Agnico Eagle Mines's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=8910.816/( ( (19514.361 + max(-436.235, 0)) + (19918.964 + max(209.27, 0)) )/ 2 )
=8910.816/( ( 19514.361 + 20128.234 )/ 2 )
=8910.816/19821.2975
=44.96 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(15.961 + 1450.801 + 182.237) - (1706.856 + 0 + 378.378)
=-436.235

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(20.93 + 1365.704 + 203.824) - (1160.109 + 0 + 221.079)
=209.27

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Agnico Eagle Mines's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=6960.246/65029.537
=10.70 %

* 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 EBIT Related Terms


Agnico Eagle Mines EBIT Historical Data

* Premium members only.

The historical data trend for Agnico Eagle Mines's EBIT 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.

Agnico Eagle Mines EBIT Chart

Agnico Eagle Mines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 892.87 1,110.90 2,246.91 2,777.17 5,753.70

Agnico Eagle Mines Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial 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 1,125.74 1,425.39 1,362.96 1,944.19 2,227.70

FRA:AE9 vs NEM, AU, CDE: EBIT Comparison

For the Gold subindustry, Agnico Eagle Mines's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Agnico Eagle Mines EV-to-EBIT vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Agnico Eagle Mines's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Agnico Eagle Mines's EV-to-EBIT falls into.


FRA:AE9
97GF Score
Agnico Eagle Mines Ltd FRA:AE9
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Agnico Eagle Mines EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €6,960 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €6,960 Mil mean?
Agnico Eagle Mines (FRA:AE9) has a EBIT of €6,960 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Agnico Eagle Mines.
Is Agnico Eagle Mines' EBIT too high?
Agnico Eagle Mines' current EBIT is €6,960 Mil. Overall, Agnico Eagle Mines has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Agnico Eagle Mines' EBIT compare to NEM and AU?
Agnico Eagle Mines' EBIT of €6,960 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Metals & Mining company?
A good EBIT depends on the Metals & Mining industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Agnico Eagle Mines. Agnico Eagle Mines's current EBIT is €6,960 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Agnico Eagle Mines stock overvalued right now?
Based on GuruFocus' analysis, Agnico Eagle Mines (FRA:AE9) is currently considered Fairly Valued. The stock's GF Value™ is €139.25, compared to a current price of €134.20 — trading 3.6% below its estimated fair value. The current EBIT is €6,960 Mil. Agnico Eagle Mines' overall GF Score™ is 97/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Agnico Eagle Mines (FRA:AE9), the current EBIT is €6,960 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Agnico Eagle Mines (FRA:AE9) Overvalued in 2026?

Based on GuruFocus' analysis, Agnico Eagle Mines stock appears to be undervalued. The current stock price of €134.20 is trading 3.6% below its estimated GF Value™ of €139.25. GuruFocus considers Agnico Eagle Mines to be Fairly Valued.

Key valuation signals for FRA:AE9:

  • EBIT: €6,960 Mil
  • GF Value™: €139.25 vs. price of €134.20 (3.6% below fair value)
  • GF Score™: 97/100 with 1 warning sign

No single metric tells the full story. See the FRA:AE9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Agnico Eagle Mines Business Description

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 sold around 3.4 million gold ounces in 2025 and had about 15 years of gold reserves at end 2025. 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.
97GF Score

Get the complete analysis for FRA:AE9

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€134.20
Price
€139.25
GF Value