Agnico Eagle Mines (Agnico Eagle Mines) Gross-Profit-to-Asset %

: 8.12% (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Agnico Eagle Mines's annualized Gross Profit for the quarter that ended in Dec. 2023 was $2,351 Mil. Agnico Eagle Mines's average Total Assets over the quarter that ended in Dec. 2023 was $28,955 Mil. Therefore, Agnico Eagle Mines's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 8.12%.

Agnico Eagle Mines Gross-Profit-to-Asset % Historical Data

The historical data trend for Agnico Eagle Mines's Gross-Profit-to-Asset % 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

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

8.43

11.77

13.70

11.88

8.44

Agnico Eagle Mines Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross-Profit-to-Asset %																7.39	8.32	8.06	6.40	8.12

Competitive Comparison

For the Gold subindustry, Agnico Eagle Mines's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Distribution

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

* The bar in red indicates where Agnico Eagle Mines's Gross-Profit-to-Asset % falls into.

Agnico Eagle Mines Gross-Profit-to-Asset % Calculation

Agnico Eagle Mines's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	2201.875	/	( (23494.808	+	28684.949)	/ 2 )
	=	2201.875	/	26089.8785
	=	8.44 %

Agnico Eagle Mines's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	2350.516	/	( (29225.681	+	28684.949)	/ 2 )
	=	2350.516	/	28955.315
	=	8.12 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Agnico Eagle Mines Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Agnico Eagle Mines's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.

Agnico Eagle Mines (Agnico Eagle Mines) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Agnico Eagle Mines Ltd (NYSE:AEM) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

AEM:Mexico AE9:Germany AE9:Germany AE9:Germany AEM:Canada AEM:Argentina

Address

145 King Street East, Suite 400, Toronto, ON, CAN, M5C 2Y7

Website

https://www.agnicoeagle.com

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.