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

Agnico Eagle Mines brought in $11.9B of revenue in fiscal 2025, Linde $34B in fiscal 2025. Revenue changed by +43.7% at Agnico Eagle Mines and +3.0% at Linde on the year before, so Agnico Eagle Mines grew faster. Agnico Eagle Mines kept 37.5% of its revenue as net profit, Linde 20.3%. Free cash flow was $4.4B at Agnico Eagle Mines and $5.1B at Linde.

Side by side, latest fiscal year

AEMLIN
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$11.9B$34B
Revenue growth+43.7%+3.0%
Net income$4.5B$6.9B
Net margin37.5%20.3%
Free cash flow$4.4B$5.1B
Free cash flow margin36.9%15.0%
Earnings per share (diluted)$8.86$14.61
Cash$2.9B$5.1B
Debtn/a$22.5B
Price to earningsn/a32.2
Market value$98.7B$216.6B
Dividend yieldn/a1.28%
Rank by revenue in sector#8 of 71 · Basic materials#2 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: $11.9BLIN FY2018: $14.8BLIN FY2019: $28.2BLIN FY2020: $27.2BLIN FY2021: $30.8BLIN FY2022: $33.4BLIN FY2023: $32.9BLIN FY2024: $33BLIN FY2025: $34BFY18FY19FY20FY21FY22FY23FY24FY25
AEM $11.9BLIN $34B
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: $4.5BLIN FY2018: $4.4BLIN FY2019: $2.3BLIN FY2020: $2.5BLIN FY2021: $3.8BLIN FY2022: $4.1BLIN FY2023: $6.2BLIN FY2024: $6.6BLIN FY2025: $6.9BFY18FY19FY20FY21FY22FY23FY24FY25
AEM $4.5BLIN $6.9B
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%LIN FY2018: 29.5%LIN FY2019: 8.1%LIN FY2020: 9.2%LIN FY2021: 12.4%LIN FY2022: 12.4%LIN FY2023: 18.9%LIN FY2024: 19.9%LIN FY2025: 20.3%FY18FY19FY20FY21FY22FY23FY24FY25
AEM 37.5%LIN 20.3%
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%LIN FY2019: +90.3%LIN FY2020: -3.5%LIN FY2021: +13.0%LIN FY2022: +8.3%LIN FY2023: -1.5%LIN FY2024: +0.5%LIN FY2025: +3.0%FY19FY20FY21FY22FY23FY24FY25
AEM +43.7%LIN +3.0%
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: $4.4BLIN FY2018: $1.8BLIN FY2019: $2.4BLIN FY2020: $4BLIN FY2021: $6.6BLIN FY2022: $5.7BLIN FY2023: $5.5BLIN FY2024: $4.9BLIN FY2025: $5.1BFY18FY19FY20FY21FY22FY23FY24FY25
AEM $4.4BLIN $5.1B

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

Questions about Agnico Eagle Mines and Linde

Which is bigger by revenue, Agnico Eagle Mines or Linde?

Linde is bigger by revenue: $34B 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 Linde?

Agnico Eagle Mines had a net margin of 37.5% in fiscal 2025; Linde had 20.3% in fiscal 2025.

Which grew revenue faster, Agnico Eagle Mines or Linde?

In their latest fiscal years revenue changed by +43.7% at Agnico Eagle Mines and +3.0% at Linde.

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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