AEM vs. NEM: Agnico Eagle Mines vs. Newmont Stock Comparison
How do Agnico Eagle Mines (AEM) and Newmont (NEM) 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 Newmont (NEM) are both classified in the Gold sub-industry within the broader Metals & Mining industry, placing them in the closest GICS peer bucket.
| Profile Item | AEM | NEM |
|---|---|---|
| Name | Agnico Eagle Mines Limited | Newmont Corporation |
| Country/Region | Canada | United States |
| GICS Sector | Materials | Materials |
| GICS Industry Group | Materials | Materials |
| GICS Industry | Metals & Mining | Metals & Mining |
| GICS Sub-Industry | Gold | Gold |
| Market Capitalization | 103.67 billion USD | 134.97 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | February 21, 1973 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | AEM | NEM |
|---|---|---|
| Total Return (1Y) | 39.18% | 72.66% |
| Total Return (3Y, Annualized) | 64.78% | 51.65% |
| Total Return (5Y, Annualized) | 31.29% | 19.99% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | AEM | NEM |
|---|---|---|
| Volatility (1Y, Annualized) | 48.26% | 49.79% |
| Beta (5Y) | 0.63 | 0.51 |
| Max Drawdown (5Y) | -45.80% | -62.40% |
| Avg. Volume (3M) | 3.12M | 8.27M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | AEM | NEM |
|---|---|---|
| Sharpe Ratio (1Y) | 0.73 | 1.38 |
| Sortino Ratio (1Y) | 1.03 | 1.96 |
Profitability
ROE (TTM)
Both Agnico Eagle Mines (AEM) at 22.97% and Newmont (NEM) at 25.91% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
AEM
Materials industry group
22.97%
- Max
- 58.68%
- AEM
- 22.97%
- Q3
- 19.91%
- Median
- 7.18%
- Q1
- -6.58%
- Min
- -41.32%
NEM
Materials industry group
25.91%
- Max
- 58.68%
- NEM
- 25.91%
- Q3
- 19.91%
- Median
- 7.18%
- Q1
- -6.58%
- Min
- -41.32%
Net Margin (TTM)
Agnico Eagle Mines (AEM) at 40.44% keeps the most of each sales dollar — above its industry’s net margin range — and Newmont (NEM) at 33.36% also retains a top-quartile share.
AEM
Materials industry group
40.44%
- AEM
- 40.44%
- Max
- 37.52%
- Q3
- 15.14%
- Median
- 4.47%
- Q1
- 0.00%
- Min
- -19.34%
NEM
Materials industry group
33.36%
- Max
- 37.52%
- NEM
- 33.36%
- Q3
- 15.14%
- Median
- 4.47%
- Q1
- 0.00%
- Min
- -19.34%
Operating Margin (TTM)
Both Agnico Eagle Mines (AEM) at 58.11% and Newmont (NEM) at 51.57% 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%
NEM
Materials industry group
51.57%
- Max
- 66.54%
- NEM
- 51.57%
- Q3
- 29.90%
- Median
- 12.36%
- Q1
- 1.74%
- Min
- -29.20%
Profitability Metrics
| Metric | AEM | NEM |
|---|---|---|
| ROE (TTM) | 22.97% | 25.91% |
| ROA (TTM) | 15.68% | 15.76% |
| Net Margin (TTM) | 40.44% | 33.36% |
| Operating Margin (TTM) | 58.11% | 51.57% |
| Gross Margin (TTM) | 74.51% | 68.04% |
Growth
Revenue Growth
Agnico Eagle Mines (AEM) at 43.71% sits in the top revenue growth quartile, while Newmont (NEM) at 21.34% is closer to the peer norm — faster top-line expansion for AEM.
EPS Growth
Both Agnico Eagle Mines (AEM) at 134.39% and Newmont (NEM) at 118.84% sit in the top peer quartile for EPS growth, so each is compounding per-share earnings faster than typical industry peers.
Growth Metrics
| Metric | AEM | NEM |
|---|---|---|
| Revenue Growth (YoY) | 43.71% | 21.34% |
| Revenue Growth (3Y CAGR) | 27.53% | 23.91% |
| EPS Growth (YoY) | 134.39% | 118.84% |
| EPS Growth (3Y CAGR) | 79.58% | -- |
Financial Strength
Current Ratio (MRQ)
Both Agnico Eagle Mines (AEM) at 2.86 and Newmont (NEM) at 2.55 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
NEM
Materials industry group
2.55
- Max
- 6.33
- Q3
- 3.44
- NEM
- 2.55
- Median
- 2.24
- Q1
- 1.46
- Min
- 0.16
Debt / Equity (MRQ)
Agnico Eagle Mines (AEM) at 0.01 keeps leverage in the lower industry quartile, while Newmont (NEM) at 0.16 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
NEM
Materials industry group
0.16
- Max
- 2.03
- Q3
- 0.94
- Median
- 0.45
- NEM
- 0.16
- Q1
- 0.13
- Min
- 0.00
Financial Strength Metrics
| Metric | AEM | NEM |
|---|---|---|
| Current Ratio (MRQ) | 2.86 | 2.55 |
| Debt / Equity (MRQ) | 0.01 | 0.16 |
| Net Debt / EBITDA | -0.31 | -0.20 |
Dividends
Dividend Yield (TTM)
Both Agnico Eagle Mines (AEM) at 0.82% and Newmont (NEM) at 0.79% 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%
NEM
Materials industry group
0.79%
- Max
- 4.11%
- Q3
- 1.77%
- NEM
- 0.79%
- Median
- 0.34%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Agnico Eagle Mines (AEM) at 14.55% and Newmont (NEM) at 12.86% 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%
NEM
Materials industry group
12.86%
- Max
- 84.09%
- Q3
- 34.12%
- NEM
- 12.86%
- Median
- 7.61%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | AEM | NEM |
|---|---|---|
| Dividend Yield (TTM) | 0.82% | 0.79% |
| Dividend Payout Ratio (TTM) | 14.55% | 12.86% |
Valuation
P/E Ratio (TTM)
Both Agnico Eagle Mines (AEM) at 17.51 and Newmont (NEM) at 16.15 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
AEM
Materials industry group
17.51
- Max
- 60.29
- Q3
- 33.41
- Median
- 21.54
- AEM
- 17.51
- Q1
- 15.25
- Min
- 6.03
NEM
Materials industry group
16.15
- Max
- 60.29
- Q3
- 33.41
- Median
- 21.54
- NEM
- 16.15
- Q1
- 15.25
- Min
- 6.03
P/S Ratio (TTM)
Both Agnico Eagle Mines (AEM) at 7.14 and Newmont (NEM) at 5.24 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.
AEM
Materials industry group
7.14
- Max
- 10.63
- AEM
- 7.14
- Q3
- 5.00
- Median
- 2.04
- Q1
- 0.74
- Min
- 0.00
NEM
Materials industry group
5.24
- Max
- 10.63
- NEM
- 5.24
- Q3
- 5.00
- Median
- 2.04
- Q1
- 0.74
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Agnico Eagle Mines (AEM) at 3.62 and Newmont (NEM) at 3.85 are valued close to their industries’ norm against book — neither stands out from peers.
AEM
Materials industry group
3.62
- Max
- 8.50
- Q3
- 4.34
- AEM
- 3.62
- Median
- 2.61
- Q1
- 1.48
- Min
- -0.31
NEM
Materials industry group
3.85
- Max
- 8.50
- Q3
- 4.34
- NEM
- 3.85
- Median
- 2.61
- Q1
- 1.48
- Min
- -0.31
Valuation Metrics
| Metric | AEM | NEM |
|---|---|---|
| P/E Ratio (TTM) | 17.51 | 16.15 |
| P/S Ratio (TTM) | 7.14 | 5.24 |
| P/B Ratio (MRQ) | 3.62 | 3.85 |
| Free Cash Flow Yield (TTM) | 4.13% | 6.53% |