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Agnico Eagle Mines vs Barrick Mining: revenue, profit, margins and growth compared

Agnico Eagle Mines brought in $11.9B of revenue in fiscal 2025, Barrick Mining $17B in fiscal 2025. Revenue changed by +43.7% at Agnico Eagle Mines and +31.2% at Barrick Mining on the year before, so Agnico Eagle Mines grew faster. Agnico Eagle Mines kept 37.5% of its revenue as net profit, Barrick Mining 29.4%. Free cash flow was $4.4B at Agnico Eagle Mines and $3.9B at Barrick Mining.

Side by side, latest fiscal year

AEMB
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$11.9B$17B
Revenue growth+43.7%+31.2%
Net income$4.5B$5B
Net margin37.5%29.4%
Free cash flow$4.4B$3.9B
Free cash flow margin36.9%22.8%
Earnings per share (diluted)$8.86$2.93
Cash$2.9B$6.7B
Debtn/an/a
Price to earningsn/an/a
Market value$98.7B$70.6B
Dividend yieldn/an/a
Rank by revenue in sector#8 of 71 · Basic materials#5 of 71 · Basic materials

Over the years

Revenue
AEM FY2018: $2.2BAEM FY2019: $2.5BAEM FY2020: $3.1BAEM FY2021: $3.9BAEM FY2022: $5.7BAEM FY2023: $6.6BAEM FY2024: $8.3BAEM FY2025: $11.9BB FY2018: $7.2BB FY2019: $9.7BB FY2020: $12.6BB FY2021: $12BB FY2022: $11BB FY2023: $11.4BB FY2024: $12.9BB FY2025: $17BFY18FY19FY20FY21FY22FY23FY24FY25
AEM $11.9BB $17B
Net income
AEM FY2018: -$326.7MAEM FY2019: $473.2MAEM FY2020: $511.6MAEM FY2021: $561.9MAEM FY2022: $670.2MAEM FY2023: $1.9BAEM FY2024: $1.9BAEM FY2025: $4.5BB FY2018: -$1.5BB FY2019: $4BB FY2020: $2.3BB FY2021: $2BB FY2022: $432MB FY2023: $1.3BB FY2024: $2.1BB FY2025: $5BFY18FY19FY20FY21FY22FY23FY24FY25
AEM $4.5BB $5B
Net margin
AEM FY2018: -14.9%AEM FY2019: 19.0%AEM FY2020: 16.3%AEM FY2021: 14.5%AEM FY2022: 11.7%AEM FY2023: 29.3%AEM FY2024: 22.9%AEM FY2025: 37.5%B FY2018: -21.3%B FY2019: 40.8%B FY2020: 18.5%B FY2021: 16.9%B FY2022: 3.9%B FY2023: 11.2%B FY2024: 16.6%B FY2025: 29.4%FY18FY19FY20FY21FY22FY23FY24FY25
AEM 37.5%B 29.4%
Revenue growth
AEM FY2019: +13.9%AEM FY2020: +25.7%AEM FY2021: +23.3%AEM FY2022: +48.4%AEM FY2023: +15.4%AEM FY2024: +25.0%AEM FY2025: +43.7%B FY2019: +34.2%B FY2020: +29.6%B FY2021: -4.8%B FY2022: -8.1%B FY2023: +3.5%B FY2024: +13.4%B FY2025: +31.2%FY19FY20FY21FY22FY23FY24FY25
AEM +43.7%B +31.2%
Free cash flow
AEM FY2018: -$483.5MAEM FY2019: -$972KAEM FY2020: $432.7MAEM FY2021: $448.3MAEM FY2022: $558.4MAEM FY2023: $947.4MAEM FY2024: $2.1BAEM FY2025: $4.4BB FY2018: $365MB FY2019: $1.1BB FY2020: $3.4BB FY2021: $1.9BB FY2022: $432MB FY2023: $646MB FY2024: $1.3BB FY2025: $3.9BFY18FY19FY20FY21FY22FY23FY24FY25
AEM $4.4BB $3.9B

Fiscal years as each company reports them; the two may end in different months.

Questions about Agnico Eagle Mines and Barrick Mining

Which is bigger by revenue, Agnico Eagle Mines or Barrick Mining?

Barrick Mining is bigger by revenue: $17B in fiscal 2025, against $11.9B for Agnico Eagle Mines in fiscal 2025.

Which keeps more of its revenue as profit, Agnico Eagle Mines or Barrick Mining?

Agnico Eagle Mines had a net margin of 37.5% in fiscal 2025; Barrick Mining had 29.4% in fiscal 2025.

Which grew revenue faster, Agnico Eagle Mines or Barrick Mining?

In their latest fiscal years revenue changed by +43.7% at Agnico Eagle Mines and +31.2% at Barrick Mining.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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