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Operating Margin by Segment
Examines profitability across different business segments, indicating which areas drive earnings and where there might be operational challenges or opportunities.Margins have meaningfully expanded at Agnico’s core Canadian operations (Quebec, Ontario, Nunavut), reflecting higher throughput, development progress and stronger realized prices, while Finland shows rapid percentage gains consistent with the announced consolidation and exploration momentum. That margin lift underpins record cash flow and the bigger buyback/capex push, but remains exposed to diesel/FX, cash‑tax timing and short‑term commissioning risks (e.g., Macassa) — continued delivery on Malartic/Detour ramps and project execution will determine persistence of these gains.
Date | Quebec | Ontario | Nunavut | Finland | Australia | Mexico |
|---|---|---|---|---|---|---|
Jun 30, 2026 | $831.00M | $943.00M | $673.00M | $196.00M | $156.00M | $50.00M |
Mar 31, 2026 | $1.07B | $1.01B | $694.00M | $184.00M | $135.00M | $56.00M |
Dec 31, 2025 | $890.00M | $749.00M | $657.00M | $166.00M | $94.00M | $44.00M |
Sep 30, 2025 | $712.00M | $736.00M | $495.00M | $128.00M | $104.00M | $33.00M |
Jun 30, 2025 | $687.00M | $616.00M | $470.00M | $113.00M | $116.00M | $25.00M |
Mar 31, 2025 | $556.00M | $495.00M | $453.00M | $105.00M | $77.00M | $15.00M |
Dec 31, 2024 | $462.00M | $486.00M | $358.00M | $77.00M | $79.00M | $15.00M |
Sep 30, 2024 | $378.00M | $425.00M | $332.00M | $89.00M | $123.00M | $25.00M |
Jun 30, 2024 | $430.00M | $342.00M | $320.00M | $76.00M | $108.00M | $29.00M |
Mar 31, 2024 | $333.00M | $303.00M | $244.00M | $55.00M | $87.00M | $25.00M |