AEM vs. FCX: Agnico Eagle Mines vs. Freeport-McMoRan Stock Comparison
How do Agnico Eagle Mines (AEM) and Freeport-McMoRan (FCX) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
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.
| 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 | 103.67 billion USD | 104.44 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | February 21, 1973 | July 10, 1995 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | AEM | FCX |
|---|---|---|
| Total Return (1Y) | 39.18% | 59.57% |
| Total Return (3Y, Annualized) | 64.78% | 22.15% |
| Total Return (5Y, Annualized) | 31.29% | 16.61% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Freeport-McMoRan (FCX) has an aggressive beta of 1.39, indicating higher sensitivity to broad-market moves, while Agnico Eagle Mines (AEM) is defensive at 0.63 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.
| Metric | AEM | FCX |
|---|---|---|
| Volatility (1Y, Annualized) | 48.26% | 51.00% |
| Beta (5Y) | 0.63 | 1.39 |
| Max Drawdown (5Y) | -45.80% | -51.26% |
| Avg. Volume (3M) | 3.12M | 14.66M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | AEM | FCX |
|---|---|---|
| Sharpe Ratio (1Y) | 0.73 | 1.09 |
| Sortino Ratio (1Y) | 1.03 | 1.50 |
Profitability
ROE (TTM)
Agnico Eagle Mines (AEM) at 22.97% sits in the top ROE quartile, while Freeport-McMoRan (FCX) at 14.76% is closer to the peer norm — stronger capital efficiency for AEM.
AEM
Materials industry group
22.97%
- Max
- 58.68%
- AEM
- 22.97%
- Q3
- 19.91%
- Median
- 7.18%
- Q1
- -6.58%
- Min
- -41.32%
FCX
Materials industry group
14.76%
- Max
- 58.68%
- Q3
- 19.91%
- FCX
- 14.76%
- Median
- 7.18%
- Q1
- -6.58%
- Min
- -41.32%
Net Margin (TTM)
Agnico Eagle Mines (AEM) at 40.44% converts revenue to bottom-line profit above its industry’s benchmark range, while Freeport-McMoRan (FCX) at 11.39% keeps roughly the typical share for its industry.
AEM
Materials industry group
40.44%
- AEM
- 40.44%
- Max
- 37.52%
- Q3
- 15.14%
- Median
- 4.47%
- Q1
- 0.00%
- Min
- -19.34%
FCX
Materials industry group
11.39%
- Max
- 37.52%
- Q3
- 15.14%
- FCX
- 11.39%
- Median
- 4.47%
- Q1
- 0.00%
- Min
- -19.34%
Operating Margin (TTM)
Both Agnico Eagle Mines (AEM) at 58.11% and Freeport-McMoRan (FCX) at 33.40% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
AEM
Materials industry group
58.11%
- Max
- 66.54%
- AEM
- 58.11%
- Q3
- 29.90%
- Median
- 12.36%
- Q1
- 1.74%
- Min
- -29.20%
FCX
Materials industry group
33.40%
- Max
- 66.54%
- FCX
- 33.40%
- Q3
- 29.90%
- Median
- 12.36%
- Q1
- 1.74%
- Min
- -29.20%
Profitability Metrics
| Metric | AEM | FCX |
|---|---|---|
| ROE (TTM) | 22.97% | 14.76% |
| ROA (TTM) | 15.68% | 7.59% |
| Net Margin (TTM) | 40.44% | 11.39% |
| Operating Margin (TTM) | 58.11% | 33.40% |
| Gross Margin (TTM) | 74.51% | 38.28% |
Growth
Revenue Growth
Agnico Eagle Mines (AEM) at 43.71% sits in the top revenue growth quartile, while Freeport-McMoRan (FCX) at 1.81% is closer to the peer norm — faster top-line expansion for AEM.
EPS Growth
Agnico Eagle Mines (AEM) at 134.39% sits in the top EPS growth quartile, while Freeport-McMoRan (FCX) at 16.92% is closer to the peer norm — faster per-share earnings growth for AEM.
Growth Metrics
| Metric | AEM | FCX |
|---|---|---|
| Revenue Growth (YoY) | 43.71% | 1.81% |
| Revenue Growth (3Y CAGR) | 27.53% | 4.39% |
| EPS Growth (YoY) | 134.39% | 16.92% |
| EPS Growth (3Y CAGR) | 79.58% | -14.00% |
Financial Strength
Current Ratio (MRQ)
Both Agnico Eagle Mines (AEM) at 2.86 and Freeport-McMoRan (FCX) at 2.07 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
AEM
Materials industry group
2.86
- Max
- 6.33
- Q3
- 3.44
- AEM
- 2.86
- Median
- 2.24
- Q1
- 1.46
- Min
- 0.16
FCX
Materials industry group
2.07
- Max
- 6.33
- Q3
- 3.44
- Median
- 2.24
- FCX
- 2.07
- Q1
- 1.46
- Min
- 0.16
Debt / Equity (MRQ)
Agnico Eagle Mines (AEM) at 0.01 keeps leverage in the lower industry quartile, while Freeport-McMoRan (FCX) at 0.32 runs a more typical debt-to-equity mix.
AEM
Materials industry group
0.01
- Max
- 2.03
- Q3
- 0.94
- Median
- 0.45
- Q1
- 0.13
- AEM
- 0.01
- Min
- 0.00
FCX
Materials industry group
0.32
- Max
- 2.03
- Q3
- 0.94
- Median
- 0.45
- FCX
- 0.32
- Q1
- 0.13
- Min
- 0.00
Financial Strength Metrics
| Metric | AEM | FCX |
|---|---|---|
| Current Ratio (MRQ) | 2.86 | 2.07 |
| Debt / Equity (MRQ) | 0.01 | 0.32 |
| Net Debt / EBITDA | -0.31 | 0.66 |
Dividends
Dividend Yield (TTM)
Both Agnico Eagle Mines (AEM) at 0.82% and Freeport-McMoRan (FCX) at 0.83% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
AEM
Materials industry group
0.82%
- Max
- 4.11%
- Q3
- 1.77%
- AEM
- 0.82%
- Median
- 0.34%
- Q1
- 0.00%
- Min
- 0.00%
FCX
Materials industry group
0.83%
- Max
- 4.11%
- Q3
- 1.77%
- FCX
- 0.83%
- Median
- 0.34%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Agnico Eagle Mines (AEM) at 14.55% and Freeport-McMoRan (FCX) at 29.41% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
AEM
Materials industry group
14.55%
- Max
- 84.09%
- Q3
- 34.12%
- AEM
- 14.55%
- Median
- 7.61%
- Q1
- 0.00%
- Min
- 0.00%
FCX
Materials industry group
29.41%
- Max
- 84.09%
- Q3
- 34.12%
- FCX
- 29.41%
- Median
- 7.61%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | AEM | FCX |
|---|---|---|
| Dividend Yield (TTM) | 0.82% | 0.83% |
| Dividend Payout Ratio (TTM) | 14.55% | 29.41% |
Valuation
P/E Ratio (TTM)
Agnico Eagle Mines (AEM) at 17.51 is near its industry’s usual P/E ratio, while Freeport-McMoRan (FCX) at 35.65 sits in the richer quartile — FCX needs stronger growth or earnings quality to justify the premium.
AEM
Materials industry group
17.51
- Max
- 60.29
- Q3
- 33.41
- Median
- 21.54
- AEM
- 17.51
- Q1
- 15.25
- Min
- 6.03
FCX
Materials industry group
35.65
- Max
- 60.29
- FCX
- 35.65
- Q3
- 33.41
- Median
- 21.54
- Q1
- 15.25
- Min
- 6.03
P/S Ratio (TTM)
Freeport-McMoRan (FCX) at 4.04 is priced about in line with its industry on P/S ratio, while Agnico Eagle Mines (AEM) at 7.14 sits in the pricier quartile — AEM costs more per dollar of sales.
AEM
Materials industry group
7.14
- Max
- 10.63
- AEM
- 7.14
- Q3
- 5.00
- Median
- 2.04
- Q1
- 0.74
- Min
- 0.00
FCX
Materials industry group
4.04
- Max
- 10.63
- Q3
- 5.00
- FCX
- 4.04
- Median
- 2.04
- Q1
- 0.74
- Min
- 0.00
P/B Ratio (MRQ)
Agnico Eagle Mines (AEM) at 3.62 is valued about in line with its industry on P/B ratio, while Freeport-McMoRan (FCX) at 5.19 carries an above-peer premium to book — FCX is pricier on assets.
AEM
Materials industry group
3.62
- Max
- 8.50
- Q3
- 4.34
- AEM
- 3.62
- Median
- 2.61
- Q1
- 1.48
- Min
- -0.31
FCX
Materials industry group
5.19
- Max
- 8.50
- FCX
- 5.19
- Q3
- 4.34
- Median
- 2.61
- Q1
- 1.48
- Min
- -0.31
Valuation Metrics
| Metric | AEM | FCX |
|---|---|---|
| P/E Ratio (TTM) | 17.51 | 35.65 |
| P/S Ratio (TTM) | 7.14 | 4.04 |
| P/B Ratio (MRQ) | 3.62 | 5.19 |
| Free Cash Flow Yield (TTM) | 4.13% | 2.07% |