• Agnico Eagle Mines average return on tangible equity for 2023 was 15.35, a 166.49% decline from 2022.
• Agnico Eagle Mines average return on tangible equity for 2022 was 5.76, a 54.39% increase from 2021.
• Agnico Eagle Mines average return on tangible equity for 2021 was 12.63, a 16.3% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.