AEM vs IAG vs NEM Stock Comparison

Agnico Eagle Mines, Iamgold and Newmont Prices as of Oct 26, 2026 Peers: Industry group
AEM Agnico Eagle Mines Ltd
$175.68 -9.6% 1M +7.5% 1Y
Market cap
$89.47B
P/E
15.2x
Revenue (TTM)
$14.53B
Div. yield
–
Gold Basic Materials
1 win
IAG Iamgold Corp
$16.35 -17.0% 1M +37.6% 1Y
Market cap
$9.77B
P/E
6.7x
Revenue (TTM)
$3.68B
Div. yield
–
Gold Basic Materials
7 wins
NEM NEWMONT Corp /DE/
$110.38 -9.1% 1M +32.4% 1Y
Market cap
$117.62B
P/E
12.7x
Revenue (TTM)
$26.61B
Div. yield
0.01%
Gold Basic Materials
3 wins

Head to Head

11 decided of 12

Iamgold leads on 7 of the 12 questions below (Iamgold 7, Newmont 3, Agnico Eagle Mines 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAEMIAGNEMLeader
Larger companyMarket capitalisation $89.47B $9.77B $117.62B NEM
Cheaper on earningsLower P/E, profitable companies only 15.2x 6.7x 12.7x IAG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 16.1x 8.8x 11.5x IAG
Faster revenue growthRevenue growth, trailing twelve months +50.3% +87.2% +23.7% IAG
More profitableNet margin, trailing twelve months 40.4% 39.4% 34.7% AEM
Better return on capitalReturn on invested capital 23.3% 52.3% 8.6% IAG
Less leveragedLower net debt / EBITDA -0.3x 0.0x -0.5x NEM
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.01% –
Better 1-year returnPrice return, last 12 months +7.5% +37.6% +32.4% IAG
Better 5-year returnAnnualised price return, 5 years +25.4%/yr +40.5%/yr +13.9%/yr IAG
Less volatileAnnualised volatility, 1 year 48.1% 63.5% 48.0% NEM
Higher overall scoreMean of the five percentile scores vs peers 78/100 88/100 71/100 IAG

Percentile Scorecard

AEMIAGNEM

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAEMIAGNEM
Valuation 65 #58 of 162 95 #9 of 162 72 #46 of 162
Growth 75 #38 of 147 97 #6 of 147 83 #26 of 147
Profitability 95 #7 of 122 100 #1 of 122 84 #21 of 122
Financial Health 76 #40 of 165 62 #64 of 165 54 #77 of 165
Shareholder Returns 79 #23 of 107 – 65 #38 of 107
Overall 78 88 71
  • AEM ranked among 176 companies in Metals and Mining
  • IAG ranked among 176 companies in Metals and Mining
  • NEM ranked among 176 companies in Metals and Mining

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAEMIAGNEMSPY
1 month -9.6%-17.0%-9.1% -0.8%
3 months +20.4%+11.1%+18.1% +3.5%
6 months -11.3%-4.5%-4.9% +7.0%
Year to date +3.6%-0.8%+10.5% +12.2%
1 year +7.5%+37.6%+32.4% +13.0%
3 years +260.1%+533.7%+183.2% +86.3%
3 years, per year +53.3%+85.1%+41.5% +23.1%
5 years +209.7%+446.8%+91.8% +68.6%
5 years, per year +25.4%+40.5%+13.9% +11.0%
10 years +263.0%+302.7%+205.1% +258.0%
10 years, per year +13.8%+14.9%+11.8% +13.6%

Risk

MeasureAEMIAGNEMSPY
Volatility, 1Y 48.1%63.5%48.0% 12.7%
Downside volatility, 1Y 50.9%64.5%51.3% 12.7%
Beta vs S&P 500, 1Y 1.732.271.79 1.00
Return / volatility, 1Y 0.160.590.67 1.02
Max drawdown, 5Y -45.9%-73.6%-65.0% -25.4%
From 52-week high -30.3%-33.5%-18.3% -1.8%
52-week high $252.19$24.57$135.14 $779.14
52-week low $136.36$10.96$78.63 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAEMIAGNEM
P/E now vs peer median 15.0xmedian 12.8x 6.5xmedian 12.8x 12.5xmedian 12.8x
P/S now vs peer median 6.0xmedian 3.1x 2.6xmedian 3.1x 4.3xmedian 3.1x
EV/EBITDA now vs peer median 7.5xmedian 7.0x 3.2xmedian 7.0x 13.6xmedian 7.0x
P/FCF now vs peer median 16.2xmedian 15.2x 4.4xmedian 15.2x 11.4xmedian 15.2x
P/B now vs peer median 3.1xmedian 2.1x 2.2xmedian 2.1x 3.2xmedian 2.1x
PEG now vs peer median 0.52median 0.29 0.06median 0.29 0.10median 0.29

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAEMIAGNEM
Revenue $14.53B $3.68B $26.61B
Gross profit $9.99B $1.85B $18.41B
Operating income $9.64B $2.54B $5.60B
Net income $5.87B $1.27B $9.44B
Free cash flow $5.43B $2.19B $10.07B
R&D $226.87M $30.20M $193.00M
EPS (diluted) $11.67 $2.49 $8.79
Cash & equivalents $3.46B $501.40M $8.83B
Total debt $785.64M $2.62B $5.09B
Shares (diluted) 503.43M 581.70M 1.05B
Enterprise value $79.10B $7.98B $82.77B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAEMIAGNEM
P/E 15.0x 6.5x 12.5x
P/FCF 16.2x 4.4x 11.4x
P/Operating cash flow 11.8x 4.8x 8.8x
P/S 6.0x 2.6x 4.3x
P/B 3.1x 2.2x 3.2x
P/Tangible book 3.1x 2.2x 3.2x
EV/EBITDA 7.5x 3.2x 13.6x
EV/EBIT 8.8x 3.8x 19.8x
EV/Revenue 5.8x 2.6x 4.2x
EV/FCF 15.6x 4.4x 11.0x
EV/Operating cash flow 11.4x 4.8x 8.5x
PEG (3Y EPS CAGR) 0.52 0.06 0.10

Growth

14 metrics
MetricAEMIAGNEM
Revenue growth (1Y) 50.3% 87.2% 23.7%
Revenue CAGR (3Y) 33.8% 58.4% 34.0%
Gross profit growth (1Y) 72.8% 192.3% 41.0%
Gross profit CAGR (3Y) 44.0% 154.4% 55.7%
Operating income growth (1Y) 49.1% 57.6% 298.7%
Operating income CAGR (3Y) 42.3% 826.2% 45.7%
Net income growth (1Y) 98.5% 34.0% 30.4%
Net income CAGR (3Y) 34.7% 112.4% 136.8%
EPS growth (1Y) 97.4% 234.8% 34.6%
EPS CAGR (3Y) 28.7% 111.5% 119.7%
Operating cash flow growth (1Y) 45.3% 328.3% 42.0%
Operating cash flow CAGR (3Y) 47.2% 67.2% 60.7%
Free cash flow growth (1Y) 55.8% 144.4% 64.6%
Free cash flow CAGR (3Y) 11.0% 122.0% 136.1%

Profitability

14 metrics
MetricAEMIAGNEM
Gross margin 68.8% 50.3% 69.2%
EBITDA margin 78.0% 82.1% 30.6%
Operating margin 66.3% 69.1% 21.0%
Pretax margin 60.4% 49.1% 52.8%
Net margin 40.4% 39.4% 34.7%
FCF margin 37.4% 59.5% 37.9%
Operating cash flow margin 51.1% 54.3% 49.2%
Return on equity 21.4% 29.2% 26.5%
Return on assets 16.1% 21.3% 16.3%
Return on invested capital 23.3% 52.3% 8.6%
Return on capital employed 27.9% 46.9% 10.7%
Asset turnover 0.4x 0.6x 0.5x
Cash conversion (OCF / net income) 1.3x 1.6x 1.4x
Stock comp / revenue 0.7% – –

Financial Health

11 metrics
MetricAEMIAGNEM
Debt / assets 0.5% 7.5% 8.7%
Debt / equity 0.0x 0.1x 0.1x
Net debt / EBITDA -0.3x 0.0x -0.5x
Debt / FCF 0.0x 0.2x 0.5x
Liabilities / assets 24.3% 26.1% 38.4%
Equity / assets 75.7% 73.9% 61.6%
Interest coverage 131.9x 137.4x –
Current ratio 2.9x 1.7x 2.5x
Quick ratio 1.8x 1.0x 1.9x
Cash ratio 1.8x 0.9x 1.6x
Altman Z-score 7.38 6.19 4.18

Shareholder Returns

7 metrics
MetricAEMIAGNEM
Dividend yield 1.0% – 0.9%
Net buyback yield 0.3% – 4.9%
Shareholder yield 1.3% 0.0% 5.9%
Payout ratio (earnings) – – 11.7%
Payout ratio (FCF) – – 10.9%
Dividend growth (1Y) – – -1.2%
Dividend CAGR (3Y) – – -7.4%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAEMIAGNEM
Forward P/E 16.1xFY2026 8.8xFY2026 11.5xFY2026
EPS, next fiscal year $10.92FY2026 $1.85FY2026 $9.57FY2026
EPS growth, next FY +32.8%FY2026 +51.6%FY2026 +38.9%FY2026
EPS growth, the year after +3.2% +11.4% +10.1%
Revenue, next fiscal year $14.44BFY2026 $3.73BFY2026 $24.82BFY2026
Revenue growth, next FY +22.2%FY2026 +31.3%FY2026 +9.5%FY2026
Revenue growth, the year after +2.6% +5.7% +20.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAEMIAGNEM
Held by institutions 62.5% 65.8% 77.2%
Institutions holding 1,053 319 1,786
Change in shares held, QoQ -0.6% +1.5% +1.5%
Institutions buying 467 170 841
Institutions selling 396 101 719
Buyers to sellers 1.18 1.68 1.17

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AEMIAGNEM
AEM 1.00 0.89 0.89
IAG 0.89 1.00 0.86
NEM 0.89 0.86 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AEM, IAG and NEM?

Newmont (NEM) is the largest by market capitalisation: Agnico Eagle Mines (AEM) $89.47B, Iamgold (IAG) $9.77B, Newmont (NEM) $117.62B.

Which stock is cheaper, AEM, IAG and NEM?

Iamgold (IAG) trades on the lowest price-to-earnings ratio (Agnico Eagle Mines (AEM) 15.2x, Iamgold (IAG) 6.7x, Newmont (NEM) 12.7x). On next year's consensus earnings, Iamgold (IAG) is cheapest (Agnico Eagle Mines (AEM) 16.1x, Iamgold (IAG) 8.8x, Newmont (NEM) 11.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Iamgold (IAG) grew revenue fastest over the trailing twelve months: Agnico Eagle Mines (AEM) +50.3%, Iamgold (IAG) +87.2%, Newmont (NEM) +23.7%.

Which company is more profitable?

Agnico Eagle Mines (AEM) has the highest net margin (Agnico Eagle Mines (AEM) 40.4%, Iamgold (IAG) 39.4%, Newmont (NEM) 34.7%). On return on invested capital, Iamgold (IAG) leads (Agnico Eagle Mines (AEM) 23.3%, Iamgold (IAG) 52.3%, Newmont (NEM) 8.6%).

Which stock has performed better?

Over the past year Iamgold (IAG) returned the most: Agnico Eagle Mines (AEM) +7.5%, Iamgold (IAG) +37.6%, Newmont (NEM) +32.4%. Over five years, Iamgold (IAG) compounded fastest (Agnico Eagle Mines (AEM) +25.4%/yr, Iamgold (IAG) +40.5%/yr, Newmont (NEM) +13.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Agnico Eagle Mines (AEM) 0.00%, Iamgold (IAG) 0.00%, Newmont (NEM) 0.01%. Agnico Eagle Mines (AEM) and Iamgold (IAG) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Newmont (NEM) has been the steadiest (Agnico Eagle Mines (AEM) 48.1%, Iamgold (IAG) 63.5%, Newmont (NEM) 48.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AEM, IAG and NEM?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Iamgold (IAG) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.