Kinross Gold (KGC) Stock Analysis

November 11, 2026

This is a peer-relative look at Kinross Gold (KGC): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Materials peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for Kinross Gold (KGC)
Profile Item	KGC
Name	Kinross Gold Corporation
Country/Region	Canada
GICS Sector	Materials
GICS Industry Group	Materials
GICS Industry	Metals & Mining
GICS Sub-Industry	Gold
Market Capitalization	26.20 billion USD
Currency	USD
Exchange	NYSE
Listing Date	March 17, 1981
Security Type	Common Stock

Price Performance

Cumulative Growth

KGC

GSPC

Kinross Gold (KGC) 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 Kinross Gold (KGC) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Kinross Gold (KGC) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Kinross Gold (KGC) metric values compared with Materials industry-group medians
Metric	Current stock: KGC	Industry group median
Total Return (1Y)	-6.33%	19.59%
Total Return (3Y, Annualized)	63.07%	18.91%
Total Return (5Y, Annualized)	31.69%	5.70%

Risk Profile

Drawdown History

KGC

GSPC

Kinross Gold (KGC) 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.

Return Distribution

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Distribution of monthly total returns for Kinross Gold (KGC) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Kinross Gold (KGC) metric values compared with Materials industry-group medians
Metric	Current stock: KGC	Industry group median
Volatility (1Y, Annualized)	54.45%	52.82%
Beta (5Y)	0.79	0.97
Max Drawdown (5Y)	-55.22%	-58.44%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. KGC is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

Kinross Gold (KGC) metric values compared with Materials industry-group medians
Metric	Current stock: KGC	Industry group median
Sharpe Ratio (1Y)	-0.19	0.32
Sortino Ratio (1Y)	-0.27	0.47

Profitability

ROE (TTM)

Kinross Gold (KGC) posts ROE of 35.31%, 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.

KGC

Materials industry group

35.31%

Group distribution

Max: 52.88%
KGC: 35.31%
Q3: 19.49%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

Largest peers

SCCO: 52.88%
KGC: 35.31%
NEM: 27.26%
BHP: 24.00%
AEM: 23.24%
RIO: 19.31%
LIN: 17.72%

Where Kinross Gold (KGC) stands on ROE within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

Kinross Gold (KGC) keeps 37.63% of revenue as net profit, putting net margin in the upper peer quartile. After operating costs, interest, and taxes, more of each sales dollar reaches shareholders than it does at most industry peers.

KGC

Materials industry group

37.63%

Group distribution

Max: 38.66%
KGC: 37.63%
Q3: 15.98%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

Largest peers

AEM: 41.01%
KGC: 37.63%
SCCO: 37.16%
NEM: 34.73%
RIO: 19.59%
LIN: 19.34%
BHP: 16.73%

Where Kinross Gold (KGC) stands on net margin within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

Kinross Gold (KGC) turns 45.59% 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.

KGC

Materials industry group

45.59%

Group distribution

Max: 66.70%
KGC: 45.59%
Q3: 28.92%
Median: 12.56%
Q1: 3.28%
Min: -14.07%

Largest peers

SCCO: 59.94%
AEM: 55.49%
NEM: 49.99%
KGC: 45.59%
BHP: 43.34%
RIO: 28.05%
LIN: 27.97%

Where Kinross Gold (KGC) stands on operating margin within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

Kinross Gold (KGC) metric values compared with Materials industry-group medians
Metric	Current stock: KGC	Industry group median
ROE (TTM)	35.31%	8.76%
ROA (TTM)	20.64%	4.42%
Net Margin (TTM)	37.63%	5.28%
Operating Margin (TTM)	45.59%	12.56%
Gross Margin (TTM)	68.61%	27.57%

Growth

Revenue Growth

Kinross Gold (KGC) grew revenue 36.95%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.

Kinross Gold (KGC): Revenue Growth across different time periods, set against Materials industry-group medians.

EPS Growth

Kinross Gold (KGC) grew earnings per share 153.25%, in the upper peer quartile. Per-share profits are compounding faster than at most industry peers.

Kinross Gold (KGC): EPS Growth across different time periods, set against Materials industry-group medians.

Growth Metrics

Kinross Gold (KGC) metric values compared with Materials industry-group medians
Metric	Current stock: KGC	Industry group median
Revenue Growth (YoY)	36.95%	8.36%
Revenue Growth (3Y CAGR)	26.84%	0.59%
EPS Growth (YoY)	153.25%	-1.73%
EPS Growth (3Y CAGR)	--	2.12%

Financial Strength

Current Ratio (MRQ)

Kinross Gold (KGC) has current ratio of 2.87, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.

KGC

Materials industry group

2.87

Group distribution

Max: 5.96
Q3: 3.30
KGC: 2.87
Median: 2.24
Q1: 1.45
Min: 0.16

Largest peers

SCCO: 4.31
KGC: 2.87
AEM: 2.75
NEM: 2.45
BHP: 1.89
RIO: 1.42
LIN: 0.86

Where Kinross Gold (KGC) stands on current ratio within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

Kinross Gold (KGC) has debt-to-equity ratio of 0.07, 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.

KGC

Materials industry group

0.07

Group distribution

Max: 1.98
Q3: 0.89
Median: 0.47
Q1: 0.13
KGC: 0.07
Min: 0.00

Largest peers

LIN: 0.65
SCCO: 0.63
BHP: 0.50
RIO: 0.32
NEM: 0.16
KGC: 0.07
AEM: 0.01

Where Kinross Gold (KGC) 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 Metrics

Kinross Gold (KGC) metric values compared with Materials industry-group medians
Metric	Current stock: KGC	Industry group median
Current Ratio (MRQ)	2.87	2.24
Debt / Equity (MRQ)	0.07	0.47
Net Debt / EBITDA	-0.35	1.37

Dividends

Dividend Yield (TTM)

Kinross Gold (KGC) has dividend yield of 0.74%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.

KGC

Materials industry group

0.74%

Group distribution

Max: 4.52%
Q3: 1.85%
KGC: 0.74%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

Largest peers

RIO: 5.59%
SCCO: 2.30%
BHP: 2.19%
LIN: 1.21%
AEM: 0.93%
NEM: 0.87%
KGC: 0.74%

Where Kinross Gold (KGC) 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)

Kinross Gold (KGC) has payout ratio of 5.87%, within the industry’s typical payout band. The dividend shares profits with investors while leaving earnings coverage that looks normal for the peer group.

KGC

Materials industry group

5.87%

Group distribution

Max: 83.62%
Q3: 41.37%
Median: 9.54%
KGC: 5.87%
Q1: 0.00%
Min: 0.00%

Largest peers

BHP: 68.84%
RIO: 54.46%
SCCO: 52.43%
LIN: 41.83%
AEM: 14.26%
NEM: 11.95%
KGC: 5.87%

Where Kinross Gold (KGC) stands on payout ratio within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

Kinross Gold (KGC) metric values compared with Materials industry-group medians
Metric	Current stock: KGC	Industry group median
Dividend Yield (TTM)	0.74%	0.38%
Dividend Payout Ratio (TTM)	5.87%	9.54%

Valuation

P/E Ratio (TTM)

Kinross Gold (KGC) trades at P/E ratio of 8.42, 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.

KGC

Materials industry group

8.42

Group distribution

Max: 59.00
Q3: 32.93
Median: 18.82
Q1: 11.96
KGC: 8.42
Min: 3.93

Largest peers

LIN: 34.21
SCCO: 22.27
BHP: 20.70
AEM: 15.61
NEM: 14.03
RIO: 11.35
KGC: 8.42

Where Kinross Gold (KGC) stands on P/E ratio within its Materials peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

Kinross Gold (KGC) trades at 3.10 on P/S ratio, roughly in the peer group’s normal range. The market is not making a strong cheap-or-rich statement about its revenue base.

KGC

Materials industry group

3.10

Group distribution

Max: 9.62
Q3: 4.34
KGC: 3.10
Median: 1.87
Q1: 0.73
Min: 0.00

Largest peers

SCCO: 8.34
LIN: 6.53
AEM: 6.44
NEM: 4.72
BHP: 3.46
KGC: 3.10
RIO: 2.20

Where Kinross Gold (KGC) stands on P/S ratio within its Materials peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

Kinross Gold (KGC) trades at 2.63 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.

KGC

Materials industry group

2.63

Group distribution

Max: 6.59
Q3: 3.55
KGC: 2.63
Median: 2.08
Q1: 1.26
Min: -0.17

Largest peers

SCCO: 10.89
LIN: 6.00
BHP: 3.98
NEM: 3.53
AEM: 3.27
KGC: 2.63
RIO: 2.08

Where Kinross Gold (KGC) stands on P/B ratio within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

Kinross Gold (KGC) metric values compared with Materials industry-group medians
Metric	Current stock: KGC	Industry group median
P/E Ratio (TTM)	8.42	18.82
P/S Ratio (TTM)	3.10	1.87
P/B Ratio (MRQ)	2.63	2.08
Free Cash Flow Yield (TTM)	9.40%	3.08%