Agnico Eagle Mines Limited (AEM) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 1.35B | 2.11B | 1.8B | 1.89B | 1.04B | 1.13B | 1.09B | 961.34M | 783.17M | 727.86M | 502.09M | 722M | 649.61M | 380.5M | 575.44M | 633.27M | 507.43M | 261.72M | 297.18M | 419.38M |
| Operating CF Margin % | 32.83% | 59.25% | 58.85% | 67.13% | 42.31% | 50.9% | 50.52% | 46.29% | 42.8% | 41.43% | 30.57% | 42.02% | 43.03% | 27.48% | 39.69% | 40.05% | 38.28% | 27.58% | 30.21% | 42.59% |
| Operating CF Growth % | 28.88% | 86.55% | 65.32% | 96.65% | 33.34% | 55.5% | 116.91% | 33.15% | 20.56% | 91.29% | -12.75% | 14.01% | 28.02% | 45.38% | 93.64% | 51% | 38.4% | -35.14% | -35.75% | 157.84% |
| Net Income | 1.7B | 1.52B | 1.04B | 1.09B | 814.73M | 509.25M | 571.68M | 472.02M | 345.64M | -391.54M | 178.61M | 323.67M | 1.82B | 205.01M | 66.68M | 290.39M | 111.1M | 100.77M | 118.96M | 187.95M |
| Depreciation & Amortization | 420.27M | 421.59M | 425.18M | 383.17M | 416.8M | 388.22M | 393.38M | 378.39M | 355.63M | 391.56M | 414.99M | 381.26M | 303.96M | 270.11M | 283.49M | 269.89M | 255.64M | 189.31M | 191.77M | 176.95M |
| Stock-Based Compensation | 34.93M | 10.85M | 0 | 0 | 27.39M | 18.45M | 21.24M | 18.86M | 18.86M | 30.9M | 11.94M | 13.38M | 13.15M | 5.56M | 14.4M | 6.96M | 22.25M | 12.77M | 13.45M | 13.54M |
| Deferred Taxes | 59.54M | 87.82M | 64.8M | -9.42M | 18.43M | 61.06M | 58.89M | 80.73M | 12.87M | -19.15M | 27.15M | 5.57M | 36.1M | 38.22M | 52.33M | 79.86M | -4.88M | 25.53M | 51.3M | 49.75M |
| Other Non-Cash Items | 21.17M | -233.23M | 114.71M | -104.11M | -68.47M | 113.11M | -13.4M | 36.26M | 44.07M | 766.82M | 34.59M | -30.86M | -1.56B | -33.36M | 141.47M | 57.39M | -18.1M | 7.79M | 44.38M | 15.67M |
| Working Capital Changes | -885.49M | 301.41M | 152.52M | 534.5M | -164.65M | 41.77M | 57.3M | -24.91M | 6.11M | -50.73M | -165.19M | 28.98M | 40.81M | -105.04M | 17.07M | -71.21M | 141.42M | -74.45M | -122.68M | -24.48M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.2M | -572.72K | 2.57M | -2.93M | 8.39M | -2.43M | -24.3M | -233K | 39.07M | -647K | 3.39M | 87K |
| Change in Inventory | 36.8M | 4.45M | -143.45M | -55.5M | 30.92M | -42.57M | -156.87M | -36.55M | 28.05M | -24.92M | -118.25M | -28.82M | 2.07M | -54.98M | -159.3M | -10.11M | 178.15M | -9.81M | -154.61M | -46.52M |
| Change in Payables | 77.8M | -76.25M | 122.19M | 145.13M | -62.49M | -37.9M | 80.7M | 47.17M | -53.75M | -49.43M | -49.43M | 108.13M | -7.27M | -38.49M | 72.91M | 32.69M | -7.74M | -108.73M | 43.34M | 87M |
| Cash from Investing | -764.86M | -1.05B | -279.34M | -620.09M | -649.94M | -631.56M | -540.19M | -424.58M | -413.05M | -476.17M | -435.67M | -450.2M | -1.4B | -412.69M | -439.3M | -394.13M | 535.65M | -247.21M | -268.21M | -210.07M |
| Capital Expenditures | -619.03M | -807.84M | -621M | -555.59M | -453.95M | -567.16M | -470.27M | -404.1M | -387.59M | -436.16M | -430.78M | -423.62M | -384.93M | -400.83M | -435.66M | -408.6M | -293.15M | -236.9M | -250.81M | -216.76M |
| CapEx % of Revenue | 15.1% | 22.67% | 20.3% | 19.73% | 18.39% | 25.51% | 21.82% | 19.46% | 21.18% | 24.83% | 26.23% | 24.65% | 25.5% | 28.95% | 30.05% | 25.84% | 22.11% | 24.96% | 25.49% | 22.01% |
| Acquisitions | 0 | 0 | 953.75K | 2.3M | -121.96M | 0 | 0 | 0 | 0 | -2.1M | 0 | 0 | -1B | 0 | 0 | 0 | 838.73M | 1.74M | -607.69K | 80K |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -1.13M | 7.48M | -4.32M | 4.69M | -5.97M | 3.98M | 3.72M | -3.18M | -1.56M | 15.78M | 2.98M | 4.1M | 745K | 214K | 283K | 39.85M | 348.6K | 1.73M | 965.29K | 24.63M |
| Cash from Financing | -334.65M | -552.9M | -727.18M | -844.4M | -182.97M | -542.52M | -495.59M | -137.23M | -183.03M | -273.8M | -144.24M | -582.35M | 836.43M | -134.7M | -317.99M | -294.31M | -167.86M | -70.54M | -62.4M | -64.16M |
| Debt Issued (Net) | -7.24M | -9.07M | -397.28M | -569.27M | -9.18M | -334.18M | -387.46M | -12.67M | -13.02M | -111.96M | -13.46M | -413.46M | 990.25M | -3.13M | -108.24M | -133.48M | -8.31M | -2.53M | -1.82M | -10.05M |
| Equity Issued (Net) | -124.25M | -358.45M | -128.81M | -82.01M | -50.25M | -54.31M | 70.52M | -40.75M | -16.59M | -30.65M | 8.12M | 5.52M | -14.56M | -261K | -54.81M | -17.13M | -27.89M | 4.56M | 4.69M | 4.68M |
| Dividends Paid | -203.16M | -185.38M | -184.3M | -183.8M | -175.57M | -173.83M | -177.06M | -164.25M | -156.56M | -155.96M | -161.26M | -165.26M | -156.16M | -143.6M | -160.12M | -149.8M | -154.78M | -69.56M | -65.59M | -67.04M |
| Share Repurchases | -167.83M | -373.05M | -149.2M | -102.31M | -60.05M | -63.24M | -30.21M | -50M | -26.04M | -30.65M | 0 | -1.79M | -14.56M | -5M | -54.81M | -22.26M | -27.89M | 0 | 0 | 0 |
| Other Financing | 0 | 0 | -16.79M | -9.32M | 52.03M | 19.8M | -1.6M | 80.43M | 3.13M | 24.77M | 22.37M | -9.15M | 16.91M | 12.29M | 5.18M | 6.1M | 23.12M | -3.01M | 319K | 8.24M |
| Net Change in Cash | 245.82M | 511.29M | 791.43M | 422.66M | 211.88M | -50.78M | 53.82M | 397.36M | 185.98M | -16.84M | -77.03M | -312.12M | 86.02M | -163.13M | -185.1M | -55.14M | 876.21M | -55.73M | -36.16M | 151.2M |
| Free Cash Flow | 726.84M | 1.3B | 1.18B | 1.33B | 590.3M | 564.69M | 616.23M | 554.06M | 389.91M | 302.12M | 71.31M | 298.38M | 264.68M | -20.33M | 139.78M | 224.67M | 214.28M | 24.82M | 46.37M | 202.62M |
| FCF Margin % | 17.73% | 36.58% | 38.55% | 47.4% | 23.92% | 25.39% | 28.59% | 26.68% | 21.31% | 17.2% | 4.34% | 17.37% | 17.53% | -1.47% | 9.64% | 14.21% | 16.16% | 2.62% | 4.71% | 20.58% |
| FCF Growth % | 23.13% | 130.86% | 91.4% | 140.92% | 51.39% | 86.91% | 764.21% | 85.69% | 47.32% | 1586% | -48.99% | 32.81% | 23.52% | -181.9% | 201.45% | 10.89% | 72.11% | -86.11% | -82.65% | 2693.97% |
| FCF per Share | 1.45 | 2.59 | 2.34 | 2.65 | 1.17 | 1.12 | 1.23 | 1.11 | 0.78 | 0.61 | 0.14 | 0.60 | 0.56 | -0.04 | 0.31 | 0.49 | 0.56 | 0.10 | 0.19 | 0.83 |
| FCF Conversion (FCF/Net Income) | 0.79x | 1.39x | 1.71x | 1.77x | 1.28x | 2.22x | 1.92x | 2.04x | 2.26x | -1.91x | 2.87x | 2.23x | 0.36x | 1.86x | 8.63x | 2.18x | 4.26x | 2.55x | 2.50x | 2.14x |
| Interest Paid | 563K | 662K | 7.79M | 37.23M | 1.19M | 26.92M | 26.87M | 24.65M | 25.25M | 31.74M | 16.62M | 43.44M | 13.05M | 20.05M | 6.04M | 33.22M | 8.2M | 35.36M | 7.7M | 34.33M |
| Taxes Paid | 1.79B | 300.22M | 261.4M | 79.7M | 536.6M | 96.47M | 119.18M | 127.6M | 130.78M | 82.86M | 67.9M | 74.83M | 64.94M | 78.53M | 50.14M | 84.68M | 103.4M | 54.76M | 38.15M | 44.52M |