AEM vs KGC Stock Comparison

Agnico Eagle Mines and Kinross Gold Prices as of Oct 26, 2026 Peers: Industry group
AEM Agnico Eagle Mines Ltd
$175.68 -9.6% 1M +7.5% 1Y
Market cap
$87.85B
P/E
15.0x
Revenue (TTM)
$14.53B
Div. yield
1.00%
Gold Basic Materials
6 wins
KGC Kinross Gold Corp
$22.40 -10.6% 1M -6.4% 1Y
Market cap
$26.88B
P/E
8.7x
Revenue (TTM)
$8.47B
Div. yield
0.71%
Gold Basic Materials
6 wins

Head to Head

12 decided of 12

Agnico Eagle Mines leads on 6 of the 12 questions below (Agnico Eagle Mines 6, Kinross Gold 6). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAEMKGCLeader
Larger companyMarket capitalisation $87.85B $26.88B AEM
Cheaper on earningsLower P/E, profitable companies only 15.0x 8.7x KGC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 16.1x 9.5x KGC
Faster revenue growthRevenue growth, trailing twelve months +50.3% +39.5% AEM
More profitableNet margin, trailing twelve months 40.4% 36.9% AEM
Better return on capitalReturn on invested capital 23.3% 40.9% KGC
Less leveragedLower net debt / EBITDA -0.3x -0.3x KGC
Higher dividend yieldTrailing dividend yield 1.00% 0.71% AEM
Better 1-year returnPrice return, last 12 months +7.5% -6.4% AEM
Better 5-year returnAnnualised price return, 5 years +25.4%/yr +28.5%/yr KGC
Less volatileAnnualised volatility, 1 year 48.1% 54.4% AEM
Higher overall scoreMean of the five percentile scores vs peers 74/100 79/100 KGC

Percentile Scorecard

AEMKGC

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

AxisAEMKGC
Valuation 62 #44 of 114 86 #17 of 114
Growth 68 #33 of 102 81 #20 of 102
Profitability 93 #7 of 81 99 #2 of 81
Financial Health 77 #29 of 120 70 #37 of 120
Shareholder Returns 71 #22 of 73 61 #29 of 73
Overall 74 79
  • AEM ranked among 128 companies in Metals and Mining
  • KGC ranked among 128 companies in Metals and Mining

Price Performance

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

Returns

PeriodAEMKGCSPY
1 month -9.6%-10.6% -0.8%
3 months +20.4%-6.3% +3.5%
6 months -11.3%-30.3% +7.0%
Year to date +3.6%-20.5% +12.2%
1 year +7.5%-6.4% +13.0%
3 years +260.1%+321.8% +86.3%
3 years, per year +53.3%+61.6% +23.1%
5 years +209.7%+250.0% +68.6%
5 years, per year +25.4%+28.5% +11.0%
10 years +263.0%+491.0% +258.0%
10 years, per year +13.8%+19.4% +13.6%

Risk

MeasureAEMKGCSPY
Volatility, 1Y 48.1%54.4% 12.7%
Downside volatility, 1Y 50.9%57.2% 12.7%
Beta vs S&P 500, 1Y 1.731.94 1.00
Return / volatility, 1Y 0.16-0.12 1.02
Max drawdown, 5Y -45.9%-56.0% -25.4%
From 52-week high -30.3%-41.2% -1.8%
52-week high $252.19$38.07 $779.14
52-week low $136.36$22.21 $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.

MultipleAEMKGC
P/E now vs peer median 15.0xmedian 10.6x 8.7xmedian 10.6x
P/S now vs peer median 6.0xmedian 3.1x 3.2xmedian 3.1x
EV/EBITDA now vs peer median 7.5xmedian 5.9x 4.5xmedian 5.9x
P/FCF now vs peer median 16.2xmedian 11.3x 6.8xmedian 11.3x
P/B now vs peer median 3.1xmedian 2.3x 2.7xmedian 2.3x
PEG now vs peer median 0.52median 0.17 0.08median 0.17

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 monthsAEMKGC
Revenue $14.53B $8.47B
Gross profit $9.99B $4.89B
Operating income $9.64B $4.46B
Net income $5.87B $3.23B
Free cash flow $5.43B $3.93B
R&D $226.87M $177.70M
EPS (diluted) $11.67 $2.55
Cash & equivalents $3.46B $2.66B
Total debt $785.64M $4.67B
Shares (diluted) 503.43M 1.22B
Enterprise value $77.48B $17.84B

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
MetricAEMKGC
P/E 15.0x 8.7x
P/FCF 16.2x 6.8x
P/Operating cash flow 11.8x 5.4x
P/S 6.0x 3.2x
P/B 3.1x 2.7x
P/Tangible book 3.1x 2.7x
EV/EBITDA 7.5x 4.5x
EV/EBIT 8.8x 5.6x
EV/Revenue 5.8x 3.0x
EV/FCF 15.6x 6.4x
EV/Operating cash flow 11.4x 5.1x
PEG (3Y EPS CAGR) 0.52 0.08

Growth

14 metrics
MetricAEMKGC
Revenue growth (1Y) 50.3% 39.5%
Revenue CAGR (3Y) 33.8% 28.9%
Gross profit growth (1Y) 72.8% 77.5%
Gross profit CAGR (3Y) 44.0% 87.4%
Operating income growth (1Y) 49.1% 86.2%
Operating income CAGR (3Y) 42.3% 137.5%
Net income growth (1Y) 98.5% 98.6%
Net income CAGR (3Y) 34.7% 48.0%
EPS growth (1Y) 97.4% 118.1%
EPS CAGR (3Y) 28.7% 112.1%
Operating cash flow growth (1Y) 45.3% 46.5%
Operating cash flow CAGR (3Y) 47.2% 47.9%
Free cash flow growth (1Y) 55.8% -11.6%
Free cash flow CAGR (3Y) 11.0% 27.1%

Profitability

14 metrics
MetricAEMKGC
Gross margin 68.8% 57.7%
EBITDA margin 78.0% 65.7%
Operating margin 66.3% 52.6%
Pretax margin 60.4% 52.4%
Net margin 40.4% 36.9%
FCF margin 37.4% 46.4%
Operating cash flow margin 51.1% 58.4%
Return on equity 21.4% 34.0%
Return on assets 16.1% 24.4%
Return on invested capital 23.3% 40.9%
Return on capital employed 27.9% –
Asset turnover 0.4x 0.6x
Cash conversion (OCF / net income) 1.3x 1.5x
Stock comp / revenue 0.7% 0.2%

Financial Health

11 metrics
MetricAEMKGC
Debt / assets 0.5% 5.9%
Debt / equity 0.0x 0.1x
Net debt / EBITDA -0.3x -0.3x
Debt / FCF 0.0x 0.2x
Liabilities / assets 24.3% 28.1%
Equity / assets 75.7% 71.9%
Interest coverage 131.9x 27.8x
Current ratio 2.9x –
Quick ratio 1.8x –
Cash ratio 1.8x –
Altman Z-score 7.38 –

Shareholder Returns

7 metrics
MetricAEMKGC
Dividend yield 1.0% 0.7%
Net buyback yield 0.3% 1.1%
Shareholder yield 1.3% 1.8%
Payout ratio (earnings) – 4.0%
Payout ratio (FCF) – 3.3%
Dividend growth (1Y) – -11.8%
Dividend CAGR (3Y) – -6.3%

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.

ConsensusAEMKGC
Forward P/E 16.1xFY2026 9.5xFY2026
EPS, next fiscal year $10.93FY2026 $2.36FY2026
EPS growth, next FY +33.0%FY2026 +29.0%FY2026
EPS growth, the year after +3.3% +6.8%
Revenue, next fiscal year $14.44BFY2026 $8.32BFY2026
Revenue growth, next FY +22.2%FY2026 +18.3%FY2026
Revenue growth, the year after +2.6% +3.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAEMKGC
Held by institutions 62.5% 59.3%
Institutions holding 1,053 640
Change in shares held, QoQ -0.6% +0.7%
Institutions buying 467 313
Institutions selling 396 224
Buyers to sellers 1.18 1.40

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.

AEMKGC
AEM 1.00 0.91
KGC 0.91 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AEM and KGC?

Agnico Eagle Mines (AEM) is the largest by market capitalisation: Agnico Eagle Mines (AEM) $87.85B, Kinross Gold (KGC) $26.88B.

Which stock is cheaper, AEM and KGC?

Kinross Gold (KGC) trades on the lowest price-to-earnings ratio (Agnico Eagle Mines (AEM) 15.0x, Kinross Gold (KGC) 8.7x). On next year's consensus earnings, Kinross Gold (KGC) is cheapest (Agnico Eagle Mines (AEM) 16.1x, Kinross Gold (KGC) 9.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Agnico Eagle Mines (AEM) grew revenue fastest over the trailing twelve months: Agnico Eagle Mines (AEM) +50.3%, Kinross Gold (KGC) +39.5%.

Which company is more profitable?

Agnico Eagle Mines (AEM) has the highest net margin (Agnico Eagle Mines (AEM) 40.4%, Kinross Gold (KGC) 36.9%). On return on invested capital, Kinross Gold (KGC) leads (Agnico Eagle Mines (AEM) 23.3%, Kinross Gold (KGC) 40.9%).

Which stock has performed better?

Over the past year Agnico Eagle Mines (AEM) returned the most: Agnico Eagle Mines (AEM) +7.5%, Kinross Gold (KGC) -6.4%. Over five years, Kinross Gold (KGC) compounded fastest (Agnico Eagle Mines (AEM) +25.4%/yr, Kinross Gold (KGC) +28.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Agnico Eagle Mines (AEM) has the highest dividend yield: Agnico Eagle Mines (AEM) 1.00%, Kinross Gold (KGC) 0.71%.

Which stock is riskier?

By one-year price volatility, Agnico Eagle Mines (AEM) has been the steadiest (Agnico Eagle Mines (AEM) 48.1%, Kinross Gold (KGC) 54.4%). Volatility measures how widely the price swings, not the risk of the business.

Do AEM and KGC move together?

Their daily returns over the past year have a correlation of 0.91, a strong positive relationship. Holding both adds little diversification.

Which is the better stock, AEM and KGC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Agnico Eagle Mines (AEM) leads on 6. 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.