AEM vs. STLD: Agnico Eagle Mines vs. Steel Dynamics Stock Comparison
How do Agnico Eagle Mines (AEM) and Steel Dynamics (STLD) 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 Steel Dynamics (STLD) both belong to the Metals & Mining industry, though AEM is classified under Gold while STLD falls under Steel.
| Profile Item | AEM | STLD |
|---|---|---|
| Name | Agnico Eagle Mines Limited | Steel Dynamics, 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 | Steel |
| Market Capitalization | 96.85 billion USD | 31.70 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | February 21, 1973 | November 22, 1996 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | AEM | STLD |
|---|---|---|
| Total Return (1Y) | 24.35% | 52.02% |
| Total Return (3Y, Annualized) | 64.16% | 29.83% |
| Total Return (5Y, Annualized) | 32.08% | 30.20% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Steel Dynamics (STLD) has an aggressive beta of 1.46, indicating higher sensitivity to broad-market moves, while Agnico Eagle Mines (AEM) is defensive at 0.62 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.
| Metric | AEM | STLD |
|---|---|---|
| Volatility (1Y, Annualized) | 49.17% | 36.62% |
| Beta (5Y) | 0.62 | 1.46 |
| Max Drawdown (5Y) | -45.80% | -32.20% |
| Avg. Volume (3M) | 2.33M | 1.06M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | AEM | STLD |
|---|---|---|
| Sharpe Ratio (1Y) | 0.41 | 1.30 |
| Sortino Ratio (1Y) | 0.59 | 1.92 |
Profitability
ROE (TTM)
Both Agnico Eagle Mines (AEM) at 23.24% and Steel Dynamics (STLD) at 20.81% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
AEM
Materials industry group
23.24%
- Max
- 52.88%
- AEM
- 23.24%
- Q3
- 19.49%
- Median
- 8.76%
- Q1
- -3.41%
- Min
- -32.81%
STLD
Materials industry group
20.81%
- Max
- 52.88%
- STLD
- 20.81%
- Q3
- 19.49%
- Median
- 8.76%
- Q1
- -3.41%
- Min
- -32.81%
Net Margin (TTM)
Agnico Eagle Mines (AEM) at 41.01% converts revenue to bottom-line profit above its industry’s benchmark range, while Steel Dynamics (STLD) at 8.82% keeps roughly the typical share for its industry.
AEM
Materials industry group
41.01%
- AEM
- 41.01%
- Max
- 38.66%
- Q3
- 15.98%
- Median
- 5.28%
- Q1
- 0.00%
- Min
- -20.40%
STLD
Materials industry group
8.82%
- Max
- 38.66%
- Q3
- 15.98%
- STLD
- 8.82%
- Median
- 5.28%
- Q1
- 0.00%
- Min
- -20.40%
Operating Margin (TTM)
Agnico Eagle Mines (AEM) at 55.49% operates in the top operating margin quartile, ahead of Steel Dynamics (STLD) at 15.46%, which runs around its industry’s norm.
AEM
Materials industry group
55.49%
- Max
- 66.70%
- AEM
- 55.49%
- Q3
- 28.92%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
STLD
Materials industry group
15.46%
- Max
- 66.70%
- Q3
- 28.92%
- STLD
- 15.46%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
Profitability Metrics
| Metric | AEM | STLD |
|---|---|---|
| ROE (TTM) | 23.24% | 20.81% |
| ROA (TTM) | 15.80% | 9.45% |
| Net Margin (TTM) | 41.01% | 8.82% |
| Operating Margin (TTM) | 55.49% | 15.46% |
| Gross Margin (TTM) | 74.52% | 15.90% |
Growth
Revenue Growth
Agnico Eagle Mines (AEM) at 43.71% sits in the top revenue growth quartile, while Steel Dynamics (STLD) at 3.63% 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 Steel Dynamics (STLD) at -18.80% is closer to the peer norm — faster per-share earnings growth for AEM.
Growth Metrics
| Metric | AEM | STLD |
|---|---|---|
| Revenue Growth (YoY) | 43.71% | 3.63% |
| Revenue Growth (3Y CAGR) | 27.53% | -6.53% |
| EPS Growth (YoY) | 134.39% | -18.80% |
| EPS Growth (3Y CAGR) | 79.58% | -27.45% |
Financial Strength
Current Ratio (MRQ)
Both Agnico Eagle Mines (AEM) at 2.75 and Steel Dynamics (STLD) at 3.15 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
AEM
Materials industry group
2.75
- Max
- 5.96
- Q3
- 3.30
- AEM
- 2.75
- Median
- 2.24
- Q1
- 1.45
- Min
- 0.16
STLD
Materials industry group
3.15
- Max
- 5.96
- Q3
- 3.30
- STLD
- 3.15
- Median
- 2.24
- Q1
- 1.45
- Min
- 0.16
Debt / Equity (MRQ)
Agnico Eagle Mines (AEM) at 0.01 keeps leverage in the lower industry quartile, while Steel Dynamics (STLD) at 0.45 runs a more typical debt-to-equity mix.
AEM
Materials industry group
0.01
- Max
- 1.98
- Q3
- 0.89
- Median
- 0.47
- Q1
- 0.13
- AEM
- 0.01
- Min
- 0.00
STLD
Materials industry group
0.45
- Max
- 1.98
- Q3
- 0.89
- Median
- 0.47
- STLD
- 0.45
- Q1
- 0.13
- Min
- 0.00
Financial Strength Metrics
| Metric | AEM | STLD |
|---|---|---|
| Current Ratio (MRQ) | 2.75 | 3.15 |
| Debt / Equity (MRQ) | 0.01 | 0.45 |
| Net Debt / EBITDA | -0.31 | 1.09 |
Dividends
Dividend Yield (TTM)
Both Agnico Eagle Mines (AEM) at 0.93% and Steel Dynamics (STLD) at 0.94% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
AEM
Materials industry group
0.93%
- Max
- 4.52%
- Q3
- 1.85%
- AEM
- 0.93%
- Median
- 0.38%
- Q1
- 0.00%
- Min
- 0.00%
STLD
Materials industry group
0.94%
- Max
- 4.52%
- Q3
- 1.85%
- STLD
- 0.94%
- Median
- 0.38%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Agnico Eagle Mines (AEM) at 14.26% and Steel Dynamics (STLD) at 15.44% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
AEM
Materials industry group
14.26%
- Max
- 83.62%
- Q3
- 41.37%
- AEM
- 14.26%
- Median
- 9.54%
- Q1
- 0.00%
- Min
- 0.00%
STLD
Materials industry group
15.44%
- Max
- 83.62%
- Q3
- 41.37%
- STLD
- 15.44%
- Median
- 9.54%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | AEM | STLD |
|---|---|---|
| Dividend Yield (TTM) | 0.93% | 0.94% |
| Dividend Payout Ratio (TTM) | 14.26% | 15.44% |
Valuation
P/E Ratio (TTM)
Both Agnico Eagle Mines (AEM) at 15.61 and Steel Dynamics (STLD) at 16.46 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
15.61
- Max
- 59.00
- Q3
- 32.93
- Median
- 18.82
- AEM
- 15.61
- Q1
- 11.96
- Min
- 3.93
STLD
Materials industry group
16.46
- Max
- 59.00
- Q3
- 32.93
- Median
- 18.82
- STLD
- 16.46
- Q1
- 11.96
- Min
- 3.93
P/S Ratio (TTM)
Steel Dynamics (STLD) at 1.43 is priced about in line with its industry on P/S ratio, while Agnico Eagle Mines (AEM) at 6.44 sits in the pricier quartile — AEM costs more per dollar of sales.
AEM
Materials industry group
6.44
- Max
- 9.62
- AEM
- 6.44
- Q3
- 4.34
- Median
- 1.87
- Q1
- 0.73
- Min
- 0.00
STLD
Materials industry group
1.43
- Max
- 9.62
- Q3
- 4.34
- Median
- 1.87
- STLD
- 1.43
- Q1
- 0.73
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Agnico Eagle Mines (AEM) at 3.27 and Steel Dynamics (STLD) at 3.23 are valued close to their industries’ norm against book — neither stands out from peers.
AEM
Materials industry group
3.27
- Max
- 6.59
- Q3
- 3.55
- AEM
- 3.27
- Median
- 2.08
- Q1
- 1.26
- Min
- -0.17
STLD
Materials industry group
3.23
- Max
- 6.59
- Q3
- 3.55
- STLD
- 3.23
- Median
- 2.08
- Q1
- 1.26
- Min
- -0.17
Valuation Metrics
| Metric | AEM | STLD |
|---|---|---|
| P/E Ratio (TTM) | 15.61 | 16.46 |
| P/S Ratio (TTM) | 6.44 | 1.43 |
| P/B Ratio (MRQ) | 3.27 | 3.23 |
| Free Cash Flow Yield (TTM) | 3.87% | 1.36% |