Agnico Eagle Mines (AEM) Stock Analysis

June 13, 2026

Here is a fundamental analysis of Agnico Eagle Mines (AEM), benchmarking its profitability, financial strength, dividend and valuation against its industry group peers.

Performance

Cumulative Growth

AEM

GSPC

Agnico Eagle Mines (AEM) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Agnico Eagle Mines (AEM) and S&P 500 (GSPC). Returns over one year are annualized.

Performance at a Glance

Agnico Eagle Mines (AEM) metric values compared with Materials industry-group medians
Metric	Current stock: AEM	Industry group median
1-Year Return	34.46%	41.31%

Risk

Drawdown

AEM

GSPC

Agnico Eagle Mines (AEM) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Risk at a Glance

Agnico Eagle Mines (AEM) metric values compared with Materials industry-group medians
Metric	Current stock: AEM	Industry group median
1-Year Volatility	44.08%	53.58%
Beta	0.60	0.95

Company Profile

Company profile fields for Agnico Eagle Mines (AEM)
Profile Item	AEM
Name	Agnico Eagle Mines Limited
Country/Region	Canada
GICS Sector	Materials
GICS Industry Group	Materials
GICS Industry	Metals & Mining
GICS Sub-Industry	Gold
Market Capitalization	81.33 billion USD
Currency	USD
Exchange	NYSE
Listing Date	February 21, 1973
Security Type	Common Stock

Valuation

Price-to-Earnings Ratio (TTM)

Agnico Eagle Mines (AEM) trades at P/E ratio of 15.31, in the cheaper earnings-multiple quartile for its industry. Investors are paying less for each dollar of TTM earnings than they usually pay for comparable businesses.

AEM

Materials industry group

15.31

Group distribution

Max: 60.17
Q3: 33.90
Median: 22.02
Q1: 15.32
AEM: 15.31
Min: 4.65

Largest peers

FCX: 36.20
LIN: 34.72
SCCO: 32.17
BHP: 22.59
RIO: 17.30
AEM: 15.31
NEM: 13.00

Where Agnico Eagle Mines (AEM) stands on P/E ratio within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Price-to-Sales Ratio (TTM)

Agnico Eagle Mines (AEM) trades at 6.01 on P/S ratio, in the higher sales-valuation quartile. Investors are paying up for each dollar of revenue, so stronger margins, growth, or revenue quality need to carry that price.

AEM

Materials industry group

6.01

Group distribution

Max: 9.93
AEM: 6.01
Q3: 4.61
Median: 2.05
Q1: 0.79
Min: 0.00

Largest peers

SCCO: 10.88
LIN: 6.99
AEM: 6.01
NEM: 4.29
BHP: 4.27
FCX: 3.72
RIO: 2.97

Where Agnico Eagle Mines (AEM) stands on P/S ratio within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Price-to-Book Ratio (MRQ)

Agnico Eagle Mines (AEM) trades at 3.10 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.

AEM

Materials industry group

3.10

Group distribution

Max: 8.35
Q3: 4.40
AEM: 3.10
Median: 2.67
Q1: 1.45
Min: -0.48

Largest peers

SCCO: 13.43
LIN: 6.28
FCX: 5.04
BHP: 4.57
AEM: 3.10
NEM: 3.08
RIO: 2.75

Where Agnico Eagle Mines (AEM) stands on P/B ratio within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Valuation at a Glance

Agnico Eagle Mines (AEM) metric values compared with Materials industry-group medians
Metric	Current stock: AEM	Industry group median
Price-to-Earnings Ratio (TTM)	15.31	22.02
Price-to-Sales Ratio (TTM)	6.01	2.05
Price-to-Book Ratio (MRQ)	3.10	2.67
Free Cash Flow Yield	5.27%	1.54%

Profitability

Return on Equity (TTM)

Agnico Eagle Mines (AEM) posts ROE of 22.30%, in the upper peer quartile. That suggests the company earns more from each dollar of shareholders’ equity than most industry peers, a useful capital-efficiency signal.

AEM

Materials industry group

22.30%

Group distribution

Max: 51.93%
AEM: 22.30%
Q3: 17.55%
Median: 5.92%
Q1: -10.29%
Min: -50.42%

Largest peers

SCCO: 46.34%
NEM: 25.83%
BHP: 24.71%
AEM: 22.30%
LIN: 18.23%
RIO: 16.40%
FCX: 15.63%

Where Agnico Eagle Mines (AEM) stands on ROE within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Net Profit Margin (TTM)

Agnico Eagle Mines (AEM) keeps 39.46% of revenue as net profit on net margin, above the industry benchmark range. That is unusually strong bottom-line conversion, though tax effects, asset sales, or other one-off gains should be checked before treating it as durable.

AEM

Materials industry group

39.46%

Group distribution

AEM: 39.46%
Max: 35.99%
Q3: 14.87%
Median: 3.80%
Q1: 0.00%
Min: -21.87%

Largest peers

AEM: 39.46%
SCCO: 34.13%
NEM: 33.87%
LIN: 20.44%
BHP: 18.97%
RIO: 17.29%
FCX: 10.34%

Where Agnico Eagle Mines (AEM) stands on net margin within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Operating Profit Margin (TTM)

Agnico Eagle Mines (AEM) turns 62.82% of revenue into operating profit, putting operating margin in the upper peer quartile. Before financing and taxes enter the picture, the day-to-day business keeps more of each sales dollar than most industry peers.

AEM

Materials industry group

62.82%

Group distribution

Max: 66.92%
AEM: 62.82%
Q3: 27.27%
Median: 9.63%
Q1: 0.00%
Min: -32.85%

Largest peers

AEM: 62.82%
NEM: 61.38%
SCCO: 58.34%
BHP: 40.73%
FCX: 31.07%
LIN: 28.47%
RIO: 25.32%

Where Agnico Eagle Mines (AEM) stands on operating margin within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Profitability at a Glance

Agnico Eagle Mines (AEM) metric values compared with Materials industry-group medians
Metric	Current stock: AEM	Industry group median
Return on Equity (TTM)	22.30%	5.92%
Return on Assets (TTM)	15.50%	4.26%
Net Profit Margin (TTM)	39.46%	3.80%
Operating Profit Margin (TTM)	62.82%	9.63%
Gross Profit Margin (TTM)	73.87%	27.28%

Financial Strength

Current Ratio (MRQ)

Agnico Eagle Mines (AEM) has current ratio of 3.15, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.

AEM

Materials industry group

3.15

Group distribution

Max: 6.31
Q3: 3.52
AEM: 3.15
Median: 2.28
Q1: 1.43
Min: 0.12

Largest peers

SCCO: 4.38
AEM: 3.15
NEM: 2.44
FCX: 2.39
BHP: 1.65
RIO: 1.45
LIN: 0.83

Where Agnico Eagle Mines (AEM) stands on current ratio within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Debt-to-Equity Ratio (MRQ)

Agnico Eagle Mines (AEM) has debt-to-equity ratio of 0.01, in the lower-leverage quartile for its industry. Borrowing is modest relative to equity compared with most peers, which can leave more flexibility through a cycle.

AEM

Materials industry group

0.01

Group distribution

Max: 2.02
Q3: 0.92
Median: 0.44
Q1: 0.14
AEM: 0.01
Min: 0.00

Largest peers

LIN: 0.66
SCCO: 0.62
BHP: 0.53
RIO: 0.35
FCX: 0.33
NEM: 0.16
AEM: 0.01

Where Agnico Eagle Mines (AEM) stands on debt-to-equity ratio within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength at a Glance

Agnico Eagle Mines (AEM) metric values compared with Materials industry-group medians
Metric	Current stock: AEM	Industry group median
Current Ratio (MRQ)	3.15	2.28
Debt-to-Equity Ratio (MRQ)	0.01	0.44
Net Debt / EBITDA	-0.29	1.63

Dividends

Dividend Yield (TTM)

Agnico Eagle Mines (AEM) has dividend yield of 1.11%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.

AEM

Materials industry group

1.11%

Group distribution

Max: 4.47%
Q3: 1.89%
AEM: 1.11%
Median: 0.58%
Q1: 0.00%
Min: 0.00%

Largest peers

RIO: 3.82%
BHP: 2.93%
SCCO: 2.11%
LIN: 1.22%
AEM: 1.11%
NEM: 1.04%
FCX: 0.88%

Where Agnico Eagle Mines (AEM) stands on dividend yield within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

Agnico Eagle Mines (AEM) has payout ratio of 15.54%, within the industry’s typical payout band. The dividend shares profits with investors while leaving earnings coverage that looks normal for the peer group.

AEM

Materials industry group

15.54%

Group distribution

Max: 90.00%
Q3: 38.50%
AEM: 15.54%
Median: 8.90%
Q1: 0.00%
Min: 0.00%

Largest peers

RIO: 61.31%
SCCO: 56.33%
BHP: 54.64%
LIN: 40.45%
FCX: 31.75%
AEM: 15.54%
NEM: 13.10%

Where Agnico Eagle Mines (AEM) stands on payout ratio within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Dividends at a Glance

Agnico Eagle Mines (AEM) metric values compared with Materials industry-group medians
Metric	Current stock: AEM	Industry group median
Dividend Yield (TTM)	1.11%	0.58%
Dividend Payout Ratio (TTM)	15.54%	8.90%