AEM vs. FCX: Agnico Eagle Mines vs. Freeport-McMoRan Stock Comparison

June 13, 2026

This page compares Agnico Eagle Mines (AEM) with Freeport-McMoRan (FCX) using performance and risk, profitability, financial strength, growth, dividends, and valuation metrics.

Performance

Cumulative Growth

AEM

FCX

Agnico Eagle Mines (AEM) vs. Freeport-McMoRan (FCX): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for Agnico Eagle Mines (AEM) and Freeport-McMoRan (FCX). Returns over one year are annualized.

Performance at a Glance

Performance metrics for Agnico Eagle Mines (AEM) and Freeport-McMoRan (FCX)
Metric	AEM	FCX
1-Year Return	34.46%	68.06%

Risk

Drawdown

AEM

FCX

Agnico Eagle Mines (AEM) vs. Freeport-McMoRan (FCX): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Freeport-McMoRan (FCX) has an aggressive beta of 1.35, indicating higher sensitivity to broad-market moves, while Agnico Eagle Mines (AEM) is defensive at 0.60 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.

Risk at a Glance

Risk metrics for Agnico Eagle Mines (AEM) and Freeport-McMoRan (FCX)
Metric	AEM	FCX
1-Year Volatility	44.08%	48.98%
Beta	0.60	1.35
3-Month Avg. Volume	2.57M	15.50M

Company Profile

Agnico Eagle Mines (AEM) and Freeport-McMoRan (FCX) both belong to the Metals & Mining industry, though AEM is classified under Gold while FCX falls under Copper.

Company profile comparison for Agnico Eagle Mines (AEM) and Freeport-McMoRan (FCX)
Profile Item	AEM	FCX
Name	Agnico Eagle Mines Limited	Freeport-McMoRan Inc.
Country/Region	Canada	United States
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Metals & Mining	Metals & Mining
GICS Sub-Industry	Gold	Copper
Market Capitalization	81.33 billion USD	98.34 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	February 21, 1973	July 10, 1995
Security Type	Common Stock	Common Stock

Valuation

Price-to-Earnings Ratio (TTM)

Agnico Eagle Mines (AEM) at 15.31 sits in the cheaper P/E ratio quartile, while Freeport-McMoRan (FCX) at 36.20 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.

AEM

Materials industry group

15.31

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

FCX

Materials industry group

36.20

Max: 60.17
FCX: 36.20
Q3: 33.90
Median: 22.02
Q1: 15.32
Min: 4.65

Agnico Eagle Mines (AEM) vs. Freeport-McMoRan (FCX): A comparison of their P/E ratio against the Materials industry group benchmark.

Price-to-Sales Ratio (TTM)

Freeport-McMoRan (FCX) at 3.72 is priced about in line with its industry on P/S ratio, while Agnico Eagle Mines (AEM) at 6.01 sits in the pricier quartile — AEM costs more per dollar of sales.

AEM

Materials industry group

6.01

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

FCX

Materials industry group

3.72

Max: 9.93
Q3: 4.61
FCX: 3.72
Median: 2.05
Q1: 0.79
Min: 0.00

Agnico Eagle Mines (AEM) vs. Freeport-McMoRan (FCX): A comparison of their P/S ratio against the Materials industry group benchmark.

Price-to-Book Ratio (MRQ)

Agnico Eagle Mines (AEM) at 3.10 is valued about in line with its industry on P/B ratio, while Freeport-McMoRan (FCX) at 5.04 carries an above-peer premium to book — FCX is pricier on assets.

AEM

Materials industry group

3.10

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

FCX

Materials industry group

5.04

Max: 8.35
FCX: 5.04
Q3: 4.40
Median: 2.67
Q1: 1.45
Min: -0.48

Agnico Eagle Mines (AEM) vs. Freeport-McMoRan (FCX): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation at a Glance

Valuation metrics for Agnico Eagle Mines (AEM) and Freeport-McMoRan (FCX)
Metric	AEM	FCX
Price-to-Earnings Ratio (TTM)	15.31	36.20
Price-to-Sales Ratio (TTM)	6.01	3.72
Price-to-Book Ratio (MRQ)	3.10	5.04
Free Cash Flow Yield	5.27%	1.74%

Profitability

Return on Equity (TTM)

Agnico Eagle Mines (AEM) at 22.30% sits in the top ROE quartile, while Freeport-McMoRan (FCX) at 15.63% is closer to the peer norm — stronger capital efficiency for AEM.

AEM

Materials industry group

22.30%

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

FCX

Materials industry group

15.63%

Max: 51.93%
Q3: 17.55%
FCX: 15.63%
Median: 5.92%
Q1: -10.29%
Min: -50.42%

Agnico Eagle Mines (AEM) vs. Freeport-McMoRan (FCX): A comparison of their ROE against the Materials industry group benchmark.

Net Profit Margin (TTM)

Agnico Eagle Mines (AEM) at 39.46% converts revenue to bottom-line profit above its industry’s benchmark range, while Freeport-McMoRan (FCX) at 10.34% keeps roughly the typical share for its industry.

AEM

Materials industry group

39.46%

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

FCX

Materials industry group

10.34%

Max: 35.99%
Q3: 14.87%
FCX: 10.34%
Median: 3.80%
Q1: 0.00%
Min: -21.87%

Agnico Eagle Mines (AEM) vs. Freeport-McMoRan (FCX): A comparison of their net margin against the Materials industry group benchmark.

Operating Profit Margin (TTM)

Both Agnico Eagle Mines (AEM) at 62.82% and Freeport-McMoRan (FCX) at 31.07% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

AEM

Materials industry group

62.82%

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

FCX

Materials industry group

31.07%

Max: 66.92%
FCX: 31.07%
Q3: 27.27%
Median: 9.63%
Q1: 0.00%
Min: -32.85%

Agnico Eagle Mines (AEM) vs. Freeport-McMoRan (FCX): A comparison of their operating margin against the Materials industry group benchmark.

Profitability at a Glance

Profitability metrics for Agnico Eagle Mines (AEM) and Freeport-McMoRan (FCX)
Metric	AEM	FCX
Return on Equity (TTM)	22.30%	15.63%
Return on Assets (TTM)	15.50%	7.77%
Net Profit Margin (TTM)	39.46%	10.34%
Operating Profit Margin (TTM)	62.82%	31.07%
Gross Profit Margin (TTM)	73.87%	38.64%

Growth

Revenue Growth

Agnico Eagle Mines (AEM) vs. Freeport-McMoRan (FCX): A comparison of their Revenue Growth across different time periods.

Revenue Growth at a Glance

Revenue growth metrics for Agnico Eagle Mines (AEM) and Freeport-McMoRan (FCX)
Metric	AEM	FCX
1-Year Revenue Growth	43.71%	1.81%
3-Year Revenue CAGR	27.53%	4.39%

EPS Growth

Agnico Eagle Mines (AEM) vs. Freeport-McMoRan (FCX): A comparison of their EPS Growth across different time periods.

EPS Growth at a Glance

EPS growth metrics for Agnico Eagle Mines (AEM) and Freeport-McMoRan (FCX)
Metric	AEM	FCX
1-Year EPS Growth	134.39%	16.92%
3-Year EPS CAGR	79.58%	-14.00%

Financial Strength

Current Ratio (MRQ)

Both Agnico Eagle Mines (AEM) at 3.15 and Freeport-McMoRan (FCX) at 2.39 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

AEM

Materials industry group

3.15

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

FCX

Materials industry group

2.39

Max: 6.31
Q3: 3.52
FCX: 2.39
Median: 2.28
Q1: 1.43
Min: 0.12

Agnico Eagle Mines (AEM) vs. Freeport-McMoRan (FCX): A comparison of their current ratio against the Materials industry group benchmark.

Debt-to-Equity Ratio (MRQ)

Agnico Eagle Mines (AEM) at 0.01 keeps leverage in the lower industry quartile, while Freeport-McMoRan (FCX) at 0.33 runs a more typical debt-to-equity mix.

AEM

Materials industry group

0.01

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

FCX

Materials industry group

0.33

Max: 2.02
Q3: 0.92
Median: 0.44
FCX: 0.33
Q1: 0.14
Min: 0.00

Agnico Eagle Mines (AEM) vs. Freeport-McMoRan (FCX): A comparison of their debt-to-equity ratio against the Materials industry group benchmark.

Financial Strength at a Glance

Financial strength metrics for Agnico Eagle Mines (AEM) and Freeport-McMoRan (FCX)
Metric	AEM	FCX
Current Ratio (MRQ)	3.15	2.39
Debt-to-Equity Ratio (MRQ)	0.01	0.33
Net Debt / EBITDA	-0.29	0.68

Dividends

Dividend Yield (TTM)

Both Agnico Eagle Mines (AEM) at 1.11% and Freeport-McMoRan (FCX) at 0.88% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

AEM

Materials industry group

1.11%

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

FCX

Materials industry group

0.88%

Max: 4.47%
Q3: 1.89%
FCX: 0.88%
Median: 0.58%
Q1: 0.00%
Min: 0.00%

Agnico Eagle Mines (AEM) vs. Freeport-McMoRan (FCX): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

Both Agnico Eagle Mines (AEM) at 15.54% and Freeport-McMoRan (FCX) at 31.75% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

AEM

Materials industry group

15.54%

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

FCX

Materials industry group

31.75%

Max: 90.00%
Q3: 38.50%
FCX: 31.75%
Median: 8.90%
Q1: 0.00%
Min: 0.00%

Agnico Eagle Mines (AEM) vs. Freeport-McMoRan (FCX): A comparison of their payout ratio against the Materials industry group benchmark.

Dividends at a Glance

Dividend metrics for Agnico Eagle Mines (AEM) and Freeport-McMoRan (FCX)
Metric	AEM	FCX
Dividend Yield (TTM)	1.11%	0.88%
Dividend Payout Ratio (TTM)	15.54%	31.75%