NYSE : IAG
IAMGOLD Corporation — Financial statements
Materials · Gold · Canada
Last price 15.45 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 8.81B
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Financial statements
IAMGOLD Corporation (IAG) reported revenue of 3.68B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 3.68B | 2.85B | 1.63B | 987.10M | 958.80M | 875.50M |
| Cost of Revenue | 1.83B | 1.65B | 1.08B | 863.00M | 810.90M | 813.30M |
| Gross Profit | 1.85B | 1.21B | 549.90M | 124.10M | 147.90M | 62.20M |
| Selling, General & Admin | 67.70M | 55.70M | 43.50M | 48.10M | 52.00M | 38.80M |
| Other Operating Expenses | 9.60M | 19.70M | 11.50M | 48.30M | 20.70M | 45.80M |
| Operating Expenses | 107.50M | 102.60M | -378.80M | 122.70M | 101.10M | 119.70M |
| Operating Income | 1.74B | 1.10B | 928.70M | 1.40M | 46.80M | -57.50M |
| Interest Expense | -45.00M | -74.80M | 2.60M | 34.50M | 10.10M | |
| Interest & Investment Income | 8.80M | 8.10M | 16.10M | 27.80M | 8.50M | 3.70M |
| Currency Exchange Gain (Loss) | -5.20M | -600.00K | -1.00M | -12.80M | -5.00M | -6.00M |
| Other Non Operating Income (Expenses) | -67.40M | -56.80M | -27.20M | -26.10M | -6.00M | -6.20M |
| EBT Excluding Unusual Items | 1.64B | 979.50M | 919.20M | 24.80M | 54.40M | -66.00M |
| Merger & Restructuring Charges | 1.00M | -2.70M | -5.40M | -2.70M | -1.00M | |
| Gain (Loss) on Sale of Investments | 2.50M | 1.90M | 1.10M | 3.10M | 8.10M | |
| Gain (Loss) on Sale of Assets | 4.20M | 6.90M | 35.90M | 120.30M | 700.00K | 50.50M |
| Asset Writedown | -25.20M | -15.80M | -900.00K | -1.30M | -17.70M | -18.50M |
| Other Unusual Items | -13.50M | -27.60M | ||||
| Pretax Income | 1.62B | 969.80M | 977.20M | 128.20M | 41.70M | -54.50M |
| Income Tax Expense | 345.10M | 237.50M | 129.40M | 30.70M | 78.10M | 33.40M |
| Earnings From Continuing Operations | 1.27B | 732.30M | 847.80M | 97.50M | -36.40M | -87.90M |
| Earnings From Discontinued Operations | 6.30M | -16.40M | -167.20M | |||
| Net Income to Company | 1.27B | 732.30M | 847.80M | 103.80M | -52.80M | -255.10M |
| Minority Interest in Earnings | -116.90M | -67.90M | -28.20M | -9.50M | -17.30M | 700.00K |
| Net Income | 1.16B | 664.40M | 819.60M | 94.30M | -70.10M | -254.40M |
| Net Income to Common | 1.16B | 664.40M | 819.60M | 94.30M | -70.10M | -254.40M |
| Shares Outstanding (Basic) | 579.55M | 575.10M | 539.80M | 480.60M | 478.60M | 476.50M |
| Shares Outstanding (Diluted) | 586.25M | 581.70M | 545.90M | 484.60M | 478.60M | 476.50M |
| EPS (Basic) | 1.99 | 1.16 | 1.52 | 0.20 | -0.15 | -0.53 |
| EPS (Diluted) | 1.98 | 1.14 | 1.50 | 0.19 | -0.15 | -0.53 |
| Free Cash Flow | 1.58B | 806.40M | -150.90M | -816.20M | -373.70M | -276.30M |
| Free Cash Flow Per Share | 2.70 | 1.39 | -0.28 | -1.68 | -0.78 | -0.58 |
| Gross Margin | 50.30% | 42.28% | 33.67% | 12.57% | 15.43% | 7.11% |
| Operating Margin | 47.38% | 38.69% | 56.87% | 0.14% | 4.88% | -6.57% |
| Profit Margin | 31.40% | 23.29% | 50.19% | 9.55% | -7.31% | -29.06% |
| Free Cash Flow Margin | 42.93% | 28.27% | -9.24% | -82.69% | -38.98% | -31.56% |
| EBITDA | 2.05B | 1.37B | 1.11B | 115.10M | 167.90M | 120.50M |
| EBITDA Margin | 55.71% | 47.85% | 68.17% | 11.66% | 17.51% | 13.76% |
| D&A For EBITDA | 306.50M | 261.50M | 184.50M | 113.70M | 121.10M | 178.00M |
| EBIT | 1.74B | 1.10B | 928.70M | 1.40M | 46.80M | -57.50M |
| EBIT Margin | 47.38% | 38.69% | 56.87% | 0.14% | 4.88% | -6.57% |
| Effective Tax Rate | 21.33% | 24.49% | 13.24% | 23.95% | 187.29% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 501.40M | 421.90M | 347.50M | 367.10M | 407.80M | 544.90M |
| Short-Term Investments | 1.00M | 1.00M | 1.00M | 7.60M | ||
| Cash & Short-Term Investments | 502.40M | 422.90M | 348.50M | 367.10M | 407.80M | 552.50M |
| Accounts Receivable | 200.00K | 3.10M | ||||
| Other Receivables | 32.80M | 60.70M | 31.60M | 67.80M | 83.00M | 47.20M |
| Receivables | 32.80M | 60.90M | 34.70M | 67.80M | 83.00M | 47.20M |
| Inventory | 366.20M | 377.00M | 271.90M | 266.30M | 199.90M | 302.10M |
| Prepaid Expenses | 20.90M | 15.40M | 13.20M | 10.60M | 13.40M | 17.40M |
| Other Current Assets | 17.70M | 27.50M | 41.90M | 817.20M | 31.90M | |
| Total Current Assets | 940.00M | 903.70M | 668.30M | 753.70M | 1.52B | 951.10M |
| Property, Plant & Equipment | 4.56B | 4.56B | 4.35B | 3.51B | 2.63B | 2.65B |
| Long-Term Investments | 14.80M | 19.40M | 24.10M | 29.70M | 15.30M | 57.90M |
| Other Long-Term Assets | 415.30M | 370.50M | 333.00M | 243.60M | 262.20M | 313.00M |
| Total Assets | 5.95B | 5.85B | 5.37B | 4.54B | 4.43B | 3.97B |
| Accounts Payable | 299.60M | 329.10M | 264.80M | 317.60M | 294.10M | 304.40M |
| Current Portion of Long-Term Debt | 200.00K | 1.00M | 1.00M | 5.00M | 8.70M | 7.50M |
| Current Portion of Leases | 30.70M | 32.30M | 28.80M | 21.10M | 5.10M | 21.40M |
| Current Income Taxes Payable | 144.30M | 99.60M | 62.70M | 5.80M | 37.80M | 29.50M |
| Current Unearned Revenue | 2.10M | 151.10M | 240.70M | 189.70M | ||
| Other Current Liabilities | 72.10M | 55.10M | 42.20M | 40.60M | 300.50M | 29.20M |
| Total Current Liabilities | 549.00M | 517.10M | 550.60M | 630.80M | 646.20M | 581.70M |
| Long-Term Debt | 449.10M | 648.80M | 1.03B | 825.80M | 910.00M | 456.90M |
| Long-Term Leases | 59.80M | 79.70M | 95.40M | 100.20M | 68.70M | 44.20M |
| Long-Term Unearned Revenue | 10.90M | 240.80M | ||||
| Long-Term Deferred Tax Liabilities | 151.20M | 52.60M | 14.00M | 700.00K | 22.60M | 61.20M |
| Other Long-Term Liabilities | 302.20M | 308.40M | 285.80M | 705.40M | 330.00M | 510.50M |
| Total Liabilities | 1.51B | 1.61B | 1.97B | 2.27B | 2.22B | 1.65B |
| Common Stock | 3.28B | 3.38B | 3.07B | 2.73B | 2.73B | 2.72B |
| Additional Paid-In Capital | 57.60M | 59.20M | 58.20M | 59.10M | ||
| Retained Earnings | 1.48B | 872.60M | 259.40M | -538.30M | -632.40M | -562.20M |
| Comprehensive Income & Other | -368.70M | -65.00M | -50.90M | -47.00M | -21.30M | 23.80M |
| Total Common Equity | 4.40B | 4.19B | 3.34B | 2.21B | 2.13B | 2.24B |
| Minority Interest | 43.50M | 54.50M | 64.00M | 58.10M | 76.00M | 77.30M |
| Shareholders' Equity | 4.44B | 4.25B | 3.40B | 2.26B | 2.21B | 2.32B |
| Total Liabilities & Equity | 5.95B | 5.85B | 5.37B | 4.54B | 4.43B | 3.97B |
| Total Debt | 539.80M | 761.80M | 1.15B | 952.10M | 992.50M | 530.00M |
| Net Cash (Debt) | -23.60M | -320.50M | -794.30M | -570.80M | -578.60M | 62.90M |
| Net Cash Per Share | -0.04 | -0.55 | -1.46 | -1.18 | -1.21 | 0.13 |
| Filing Date Shares Outstanding | 571.00M | 588.80M | 572.40M | 493.60M | 479.00M | 477.00M |
| Total Common Shares Outstanding | 574.30M | 591.10M | 571.40M | 481.30M | 479.00M | 477.00M |
| Working Capital | 391.00M | 386.60M | 117.70M | 122.90M | 875.10M | 369.40M |
| Book Value Per Share | 7.66 | 7.09 | 5.84 | 4.58 | 4.45 | 4.70 |
| Tangible Book Value | 4.40B | 4.19B | 3.34B | 2.21B | 2.13B | 2.24B |
| Tangible Book Value Per Share | 7.66 | 7.09 | 5.84 | 4.58 | 4.45 | 4.70 |
| Machinery | 3.16B | 3.09B | 3.01B | 1.55B | 1.50B | 1.98B |
| Construction In Progress | 150.40M | 195.20M | 107.60M | 2.41B | 1.56B | 1.08B |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 1.16B | 664.40M | 819.60M | 94.30M | -70.10M | -254.40M |
| Depreciation & Amortization | 351.90M | 292.30M | -242.00M | 136.40M | 137.00M | 193.40M |
| Other Amortization | 128.60M | 128.60M | 61.50M | 85.30M | 105.00M | 80.10M |
| Loss (Gain) From Sale of Assets | -34.10M | -124.60M | -45.90M | |||
| Asset Writedown & Restructuring Costs | 25.20M | 15.80M | 900.00K | 19.10M | 18.50M | |
| Loss (Gain) From Sale of Investments | -16.10M | |||||
| Stock-Based Compensation | 8.10M | 8.30M | 5.70M | 6.20M | 5.10M | 6.70M |
| Other Operating Activities | 374.60M | 95.00M | -11.20M | -38.70M | 102.10M | 273.70M |
| Change in Accounts Receivable | 27.20M | -11.90M | -45.60M | 18.00M | -36.90M | 16.70M |
| Change in Inventory | -81.80M | -105.90M | -51.40M | -76.60M | -32.60M | -23.10M |
| Change in Accounts Payable | 7.50M | 56.00M | -17.40M | 43.70M | 28.90M | 8.20M |
| Operating Cash Flow | 2.00B | 1.14B | 486.00M | 159.40M | 408.70M | 285.00M |
| Capital Expenditures | -416.80M | -336.20M | -636.90M | -975.60M | -782.40M | -561.30M |
| Sale of Property, Plant & Equipment | 11.90M | 35.50M | 586.80M | 45.90M | ||
| Cash Acquisitions | -30.80M | -30.80M | -700.00K | |||
| Divestitures | 1.80M | |||||
| Sale (Purchase) of Intangibles | -7.20M | |||||
| Investment in Securities | 9.40M | 12.50M | 7.00M | -400.00K | 37.90M | -1.90M |
| Other Investing Activities | -15.00M | -35.70M | 12.00M | -13.10M | -146.70M | -108.00M |
| Investing Cash Flow | -453.20M | -378.30M | -582.40M | -402.30M | -891.90M | -630.70M |
| Long-Term Debt Issued | 130.00M | 280.00M | 706.10M | 455.00M | ||
| Long-Term Debt Repaid | -649.00M | -418.20M | -470.20M | -5.80M | -12.40M | |
| Lease Payments | -33.50M | -31.70M | -20.60M | -6.00M | -4.40M | -4.70M |
| Net Debt Issued (Repaid) | -750.80M | -519.00M | -138.20M | 235.90M | 449.20M | -12.40M |
| Issuance of Common Stock | 20.80M | 14.60M | 299.50M | 400.00K | 1.00M | 600.00K |
| Other Financing Activities | -117.20M | -205.00M | -78.00M | -34.60M | -46.20M | -29.40M |
| Financing Cash Flow | -1.26B | -709.40M | 83.30M | 201.70M | 404.00M | -41.20M |
| Foreign Exchange Rate Adjustments | -11.60M | 19.50M | -7.00M | 1.30M | -17.10M | -9.70M |
| Miscellaneous Cash Flow Adjustments | 500.00K | -800.00K | -40.80M | |||
| Net Cash Flow | 277.60M | 74.40M | -19.60M | -40.70M | -137.10M | -396.60M |
| Free Cash Flow | 1.58B | 806.40M | -150.90M | -816.20M | -373.70M | -276.30M |
| Free Cash Flow Margin | 42.93% | 28.27% | -9.24% | -82.69% | -38.98% | -31.56% |
| Free Cash Flow Per Share | 2.70 | 1.39 | -0.28 | -1.68 | -0.78 | -0.58 |
| Levered Free Cash Flow | 1.22B | 538.00M | -246.74M | -26.06M | -1.14B | -30.74M |
| Unlevered Free Cash Flow | 1.24B | 584.75M | -248.36M | -47.62M | -1.14B | -30.74M |
| Free Cash Flow After Leases | 1.55B | 774.70M | -171.50M | -822.20M | -378.10M | -281.00M |
| Cash Interest Paid | 127.20M | 163.80M | 105.40M | 68.30M | 41.10M | |
| Cash Income Tax Paid | 195.00M | 171.50M | 55.40M | 82.30M | 67.50M | 36.10M |
| Change in Working Capital | -47.10M | -61.80M | -114.40M | -14.90M | -40.60M | 1.80M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 8.81B | 9.51B | 2.95B | 1.22B | 1.23B | 1.48B |
| Enterprise Value | 8.88B | 10.30B | 3.35B | 1.69B | 1.68B | 1.31B |
| Last Close Price | 15.45 | 16.49 | 5.16 | 2.53 | 2.58 | 3.13 |
| PE Ratio | 7.69 | 14.31 | 3.60 | 12.91 | ||
| PS Ratio | 2.39 | 3.33 | 1.81 | 1.23 | 1.28 | 1.70 |
| PB Ratio | 1.98 | 2.24 | 0.87 | 0.54 | 0.56 | 0.64 |
| P/TBV Ratio | 2.00 | 2.27 | 0.88 | 0.55 | 0.58 | 0.66 |
| P/FCF Ratio | 5.57 | 11.79 | ||||
| P/OCF Ratio | 4.41 | 8.32 | 6.07 | 7.64 | 3.00 | 5.21 |
| EV/Sales Ratio | 2.41 | 3.61 | 2.05 | 1.71 | 1.76 | 1.50 |
| EV/EBITDA Ratio | 4.33 | 7.54 | 3.01 | 14.69 | 10.03 | 10.87 |
| EV/EBIT Ratio | 5.09 | 9.33 | 3.60 | 1,207.49 | 35.99 | |
| EV/FCF Ratio | 5.62 | 12.77 | ||||
| Debt / Equity Ratio | 0.12 | 0.18 | 0.34 | 0.42 | 0.45 | 0.23 |
| Debt / EBITDA Ratio | 0.26 | 0.55 | 1.01 | 6.91 | 5.40 | 3.90 |
| Debt / FCF Ratio | 0.34 | 0.94 | ||||
| Net Debt / Equity Ratio | 0.01 | 0.07 | 0.23 | 0.25 | 0.26 | -0.03 |
| Net Debt / EBITDA Ratio | 0.01 | 0.23 | 0.71 | 4.96 | 3.45 | -0.52 |
| Net Debt / FCF Ratio | 0.01 | 0.40 | -5.26 | -0.70 | -1.55 | 0.23 |
| Asset Turnover | 0.65 | 0.51 | 0.33 | 0.22 | 0.23 | 0.21 |
| Inventory Turnover | 5.55 | 5.08 | 4.03 | 3.70 | 3.23 | 2.58 |
| Quick Ratio | 0.97 | 0.94 | 0.70 | 0.69 | 0.76 | 1.03 |
| Current Ratio | 1.71 | 1.75 | 1.21 | 1.20 | 2.35 | 1.64 |
| Return on Equity (ROE) | 32.33% | 19.15% | 29.93% | 4.36% | -1.61% | -3.62% |
| Return on Assets (ROA) | 19.33% | 12.29% | 11.71% | 0.02% | 0.70% | -0.88% |
| Return on Invested Capital (ROIC) | 30.48% | 18.96% | 22.84% | 0.04% | -1.61% | -2.60% |
| Return on Capital Employed (ROCE) | 32.30% | 20.70% | 19.30% | 0.00% | 1.20% | -1.70% |
| Earnings Yield | 13.01% | 6.99% | 27.79% | 7.75% | -5.71% | -17.14% |
| FCF Yield | 17.94% | 8.48% | -5.12% | -67.05% | -30.43% | -18.61% |
| Buyback Yield / Dilution | -1.16% | -6.56% | -12.65% | -1.25% | -0.44% | 0.31% |