Agnico Eagle Mines (AEM) Gross Margin (2009 - 2026)
Agnico Eagle Mines' Gross Margin came in at 60.10% for Q3 2026, up 1.59 percentage points from 58.51% a year earlier but down 3.69 percentage points from the prior quarter.
Agnico Eagle Mines (AEM) Gross Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Agnico Eagle Mines reported Gross Margin of 65.93%, up 7.26 percentage points year-over-year; for FY2025, it was 71.95%, up 9.19 percentage points from FY2024.
- Gross Margin has increased in each of the last four years, with a five-year change of +27.20 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 62.75% in FY2024 (+7.01 pp), 55.74% in FY2023 (+1.77 pp), 53.97% in FY2022 (+18.39 pp) and 35.58% in FY2021 (-9.16 pp).
- The five-year range for quarterly Gross Margin is 50.08% (Q1 2022) to 73.50% (Q4 2025).
- Year-over-year, Gross Margin has increased for four consecutive quarters, with an average year-over-year change of +3.05 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q1 2026 (a gain of 14.43 percentage points), and the weakest in Q4 2021 (a drop of 8.71 percentage points).
- Business Quant data shows AEM's Gross Margin at 63.79% (Q2 2026), 66.44% (Q1 2026) and 73.50% (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 170.99 Bn | 133.79 Bn | - | - |
| 2 | Southern Copper | 145.88 Bn | 120.61 Bn | 3.10 Bn | 65.95% |
| 3 | Rio Tinto | 139.79 Bn | 100.61 Bn | - | - |
| 4 | Newmont | 131.54 Bn | 96.69 Bn | 4.22 Bn | 66.32% |
| 5 | Ternium | 99.94 Bn | 68.19 Bn | 1.04 Bn | 22.32% |
| 6 | Agnico Eagle Mines | 99.84 Bn | 86.79 Bn | 2.15 Bn | 60.10% |
| 7 | Freeport-Mcmoran | 89.73 Bn | 73.77 Bn | 2.19 Bn | 31.10% |
| 8 | Barrick Mining | 72.33 Bn | 47.52 Bn | 2.90 Bn | 54.74% |
| 9 | Nucor | 56.90 Bn | 46.28 Bn | 2.03 Bn | 19.56% |
| 10 | AngloGold Ashanti | 50.21 Bn | 37.52 Bn | 1.30 Bn | 49.75% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 60.10% |
| Jun 30, 2026 | 63.79% |
| Mar 31, 2026 | 66.44% |
| Dec 31, 2025 | 73.50% |
| Sep 30, 2025 | 58.51% |
| Jun 30, 2025 | 58.59% |
| Mar 31, 2025 | 52.01% |
| Dec 31, 2024 | 66.41% |
| Sep 30, 2024 | 63.65% |
| Jun 30, 2024 | 62.82% |
| Mar 31, 2024 | 57.18% |
| Dec 31, 2023 | 55.74% |
| Sep 30, 2023 | 53.76% |
| Jun 30, 2023 | 56.74% |
| Mar 31, 2023 | 56.74% |
| Dec 31, 2022 | 51.84% |
| Sep 30, 2022 | 54.68% |
| Jun 30, 2022 | 58.41% |
| Mar 31, 2022 | 50.08% |
| Dec 31, 2021 | 50.91% |
Agnico Eagle Mines Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=AEM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "AEM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=AEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();