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Agnico Eagle Mines vs Wheaton Precious Metals: revenue, profit, margins and growth compared

Agnico Eagle Mines brought in $11.9B of revenue in fiscal 2025, Wheaton Precious Metals $2.3B in fiscal 2025. Revenue changed by +43.7% at Agnico Eagle Mines and +80.2% at Wheaton Precious Metals on the year before, so Wheaton Precious Metals grew faster. Agnico Eagle Mines kept 37.5% of its revenue as net profit, Wheaton Precious Metals 63.6%.

Side by side, latest fiscal year

AEMWPM
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$11.9B$2.3B
Revenue growth+43.7%+80.2%
Net income$4.5B$1.5B
Net margin37.5%63.6%
Free cash flow$4.4Bn/a
Free cash flow margin36.9%n/a
Earnings per share (diluted)$8.86$3.24
Cash$2.9B$1.2B
Debtn/an/a
Price to earningsn/an/a
Market value$98.7B$64.9B
Dividend yieldn/an/a
Rank by revenue in sector#8 of 71 · Basic materials#20 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: $11.9BWPM FY2018: $794MWPM FY2019: $861.3MWPM FY2020: $1.1BWPM FY2021: $1.2BWPM FY2022: $1.1BWPM FY2023: $1BWPM FY2024: $1.3BWPM FY2025: $2.3BFY18FY19FY20FY21FY22FY23FY24FY25
AEM $11.9BWPM $2.3B
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: $4.5BWPM FY2018: $427.1MWPM FY2019: $86.1MWPM FY2020: $507.8MWPM FY2021: $754.9MWPM FY2022: $669.1MWPM FY2023: $537.6MWPM FY2024: $529.1MWPM FY2025: $1.5BFY18FY19FY20FY21FY22FY23FY24FY25
AEM $4.5BWPM $1.5B
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%WPM FY2018: 53.8%WPM FY2019: 10.0%WPM FY2020: 46.3%WPM FY2021: 62.8%WPM FY2022: 62.8%WPM FY2023: 52.9%WPM FY2024: 41.2%WPM FY2025: 63.6%FY18FY19FY20FY21FY22FY23FY24FY25
AEM 37.5%WPM 63.6%
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%WPM FY2019: +8.5%WPM FY2020: +27.3%WPM FY2021: +9.6%WPM FY2022: -11.4%WPM FY2023: -4.6%WPM FY2024: +26.4%WPM FY2025: +80.2%FY19FY20FY21FY22FY23FY24FY25
AEM +43.7%WPM +80.2%
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: $4.4BFY18FY19FY20FY21FY22FY23FY24FY25
AEM $4.4BWPM

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

Questions about Agnico Eagle Mines and Wheaton Precious Metals

Which is bigger by revenue, Agnico Eagle Mines or Wheaton Precious Metals?

Agnico Eagle Mines is bigger by revenue: $11.9B in fiscal 2025, against $2.3B for Wheaton Precious Metals in fiscal 2025.

Which keeps more of its revenue as profit, Agnico Eagle Mines or Wheaton Precious Metals?

Agnico Eagle Mines had a net margin of 37.5% in fiscal 2025; Wheaton Precious Metals had 63.6% in fiscal 2025.

Which grew revenue faster, Agnico Eagle Mines or Wheaton Precious Metals?

In their latest fiscal years revenue changed by +43.7% at Agnico Eagle Mines and +80.2% at Wheaton Precious Metals.

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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