Agnico Eagle Mines (AEM) Capital Expenditures (2009 - 2026)
Agnico Eagle Mines (AEM) posted Capital Expenditures of -$809.3 million for Q2 2026, down 31.85% sequentially from -$613.7 million in Q1 2026, and down 49.73% YoY from -$1.6 billion in Q2 2025.
Agnico Eagle Mines (AEM) Capital Expenditures (2009 - 2026) Analysis & Trends
Agnico Eagle Mines has reported Capital Expenditures for 18 years, with the latest figure at -$809.3 million in Q2 2026.
- Quarterly Capital Expenditures fell 49.73% year-over-year to -$809.3 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $2.0 billion (up 22.65% YoY) and the FY2025 annual result came in at $2.4 billion, up 33.02% from the prior year.
- Capital Expenditures eased to -$809.3 million in Q2 2026 per AEM's latest filing, from -$613.7 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $4.5 billion in Q4 2022 and troughed at -$809.3 million in Q2 2026.
- A 5-year average of $252.5 million and a median of -$421.7 million in 2023 frame the typical range for Capital Expenditures.
- The sharpest annual moves came in 2022 and 2023: Capital Expenditures jumped 2006.11% in 2022, then slumped 109.41% in 2023.
- Over 5 years, Capital Expenditures stood at $4.5 billion in 2022, then plunged by 109.41% to -$425.7 million in 2023, then surged by 821.97% to $3.1 billion in 2024, then jumped by 31.28% to $4.0 billion in 2025, then plunged by 120.06% to -$809.3 million in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered -$809.3 million, -$613.7 million, and $4.0 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 140.32 Bn | 131.31 Bn | 4.03 Bn | 719.00 Mn |
| 2 | Agnico Eagle Mines | 108.89 Bn | 105.43 Bn | 2.43 Bn | -809.26 Mn |
| 3 | Barrick Mining | 79.43 Bn | 73.51 Bn | 2.90 Bn | 1.19 Bn |
| 4 | Wheaton Precious Metals | 71.32 Bn | 71.22 Bn | 687.86 Mn | - |
| 5 | AngloGold Ashanti | 61.48 Bn | 58.65 Bn | 1.70 Bn | - |
| 6 | Gold Fields | 42.69 Bn | 40.91 Bn | - | - |
| 7 | Pan American Silver | 22.27 Bn | 20.71 Bn | 457,000.00 | -99.00 Mn |
| 8 | Royal Gold | 21.99 Bn | 21.81 Bn | 390.45 Mn | - |
| 9 | Coeur Mining | 21.97 Bn | 20.92 Bn | 535.85 Mn | 125.71 Mn |
| 10 | Alamos Gold | 15.97 Bn | 15.34 Bn | - | -180.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -809.26 Mn |
| Jun 30, 2026 | -809.26 Mn |
| Mar 31, 2026 | -613.75 Mn |
| Mar 31, 2026 | -613.75 Mn |
| Dec 31, 2025 | 4.04 Bn |
| Dec 31, 2025 | 4.04 Bn |
| Sep 30, 2025 | -626.33 Mn |
| Sep 30, 2025 | -626.33 Mn |
| Jun 30, 2025 | -540.48 Mn |
| Jun 30, 2025 | -540.48 Mn |
| Mar 31, 2025 | -450.12 Mn |
| Mar 31, 2025 | -450.12 Mn |
| Dec 31, 2024 | 3.07 Bn |
| Dec 31, 2024 | 3.07 Bn |
| Sep 30, 2024 | -464.10 Mn |
| Sep 30, 2024 | -464.10 Mn |
| Jun 30, 2024 | -404.10 Mn |
| Jun 30, 2024 | -404.10 Mn |
| Mar 31, 2024 | -387.59 Mn |
| Mar 31, 2024 | -387.59 Mn |