Agnico Eagle Mines (AEM) Operating Expenses (2009 - 2026)
Agnico Eagle Mines (AEM) reported Operating Expenses of $57.95 million for the quarter ended Jun 30, 2026, up 0.1% from $57.89 million a year earlier but down 25.6% from the prior quarter.
Agnico Eagle Mines (AEM) Operating Expenses (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Agnico Eagle Mines' Operating Expenses came in at $253.15 million, up 10.5% year-over-year; for the year ended Dec 31, 2025, it came in at $442.63 million, up 3.6% from the prior year.
- Operating Expenses has a five-year compound annual growth rate of 45.1% (years ended Dec 2020 to Dec 2025).
- By year, Operating Expenses came in at $427.06 million in the year ended Dec 31, 2024 (-4.2%), $445.74 million in the year ended Dec 31, 2023 (-24.1%), $587.01 million in the year ended Dec 31, 2022 (+108.0%) and $282.25 million in the year ended Dec 31, 2021 (+310.6%).
- Five-year quarterly Operating Expenses spans a low of $31.32 million in the quarter ended Sep 30, 2021 and a high of $77.85 million in the quarter ended Mar 31, 2026.
- Year over year, Operating Expenses gained in six of the last eight quarters, with growth averaging 11.0%.
- The high point for year-over-year Operating Expenses in five years was the quarter ended Dec 31, 2022 (growth of 66.4%); the low point was the quarter ended Mar 31, 2024 (a decline of 24.2%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $77.85 million (quarter ended Mar 31, 2026), $49.59 million (quarter ended Dec 31, 2025) and $67.76 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 162.03 Bn | 140.82 Bn | 2.90 Bn | 1.67 Bn |
| 3 | Rio Tinto | 141.29 Bn | 101.79 Bn | - | - |
| 4 | Newmont | 124.00 Bn | 92.00 Bn | 4.03 Bn | 3.02 Bn |
| 5 | Freeport-Mcmoran | 98.47 Bn | 82.52 Bn | 2.19 Bn | 5.03 Bn |
| 6 | Agnico Eagle Mines | 93.61 Bn | 83.24 Bn | 2.43 Bn | 119.48 Mn |
| 7 | Barrick Mining | 69.42 Bn | 44.61 Bn | 2.90 Bn | 165.00 Mn |
| 8 | Nucor | 60.43 Bn | 49.81 Bn | 2.03 Bn | 405.00 Mn |
| 9 | ArcelorMittal | 48.41 Bn | 27.44 Bn | - | -780.00 Mn |
| 10 | AngloGold Ashanti | 46.44 Bn | 34.33 Bn | 1.70 Bn | 157.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 119.48 Mn |
| Mar 31, 2026 | 130.41 Mn |
| Dec 31, 2025 | 102.74 Mn |
| Sep 30, 2025 | 127.39 Mn |
| Jun 30, 2025 | 109.99 Mn |
| Mar 31, 2025 | 102.51 Mn |
| Dec 31, 2024 | 114.84 Mn |
| Sep 30, 2024 | 108.84 Mn |
| Jun 30, 2024 | 104.07 Mn |
| Mar 31, 2024 | 99.32 Mn |
| Dec 31, 2023 | 120.00 Mn |
| Sep 30, 2023 | 100.52 Mn |
| Jun 30, 2023 | 101.73 Mn |
| Mar 31, 2023 | 101.98 Mn |
| Dec 31, 2022 | 125.50 Mn |
| Sep 30, 2022 | 113.46 Mn |
| Jun 30, 2022 | 245.96 Mn |
| Mar 31, 2022 | 296.18 Mn |
| Dec 31, 2021 | 138.05 Mn |
| Sep 30, 2021 | 160.46 Mn |
Agnico Eagle Mines Operating Expenses 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=operating-expenses&ticker=AEM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=AEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();