Agnico Eagle Mines (AEM) Return on Capital Employed [ROCE] (2010 - 2026)
Agnico Eagle Mines (AEM) recorded Return on Capital Employed [ROCE] of 25.31% in Q3 2026, up 1.01 percentage points from 24.30% a year earlier but down 2.59 percentage points from the prior quarter.
Agnico Eagle Mines (AEM) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2025, Agnico Eagle Mines reported Return on Capital Employed [ROCE] of 27.30%, up 10.15 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has a five-year change of +13.15 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at 17.15% in FY2024 (+2.40 pp), 14.75% in FY2023 (-4.72 pp), 19.47% in FY2022 (-3.43 pp) and 22.90% in FY2021 (+8.75 pp).
- Quarterly Return on Capital Employed [ROCE] has ranged from 11.67% in Q2 2022 to 28.20% in Q1 2026 over the past five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased for 11 consecutive quarters, with an average year-over-year change of +6.13 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 9.30 percentage points in Q4 2025, against a drop of 8.56 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 27.90% (Q2 2026), 28.20% (Q1 2026) and 27.21% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 170.99 Bn | 133.79 Bn | - | - |
| 2 | Southern Copper | 145.88 Bn | 120.61 Bn | 3.10 Bn | 45.35% |
| 3 | Rio Tinto | 139.79 Bn | 100.61 Bn | - | - |
| 4 | Newmont | 131.54 Bn | 96.69 Bn | 4.22 Bn | 10.69% |
| 5 | Ternium | 99.94 Bn | 68.19 Bn | 1.04 Bn | 7.47% |
| 6 | Agnico Eagle Mines | 99.84 Bn | 86.79 Bn | 2.15 Bn | 26.02% |
| 7 | Freeport-Mcmoran | 89.73 Bn | 73.77 Bn | 2.19 Bn | 13.20% |
| 8 | Barrick Mining | 72.33 Bn | 47.52 Bn | 2.90 Bn | 22.21% |
| 9 | Nucor | 56.90 Bn | 46.28 Bn | 2.03 Bn | 13.42% |
| 10 | AngloGold Ashanti | 50.21 Bn | 37.52 Bn | 1.30 Bn | 38.97% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 26.02% |
| Jun 30, 2026 | 27.90% |
| Mar 31, 2026 | 28.20% |
| Dec 31, 2025 | 27.21% |
| Sep 30, 2025 | 24.30% |
| Jun 30, 2025 | 21.96% |
| Mar 31, 2025 | 19.75% |
| Dec 31, 2024 | 17.91% |
| Sep 30, 2024 | 16.86% |
| Jun 30, 2024 | 15.46% |
| Mar 31, 2024 | 14.01% |
| Dec 31, 2023 | 13.24% |
| Sep 30, 2023 | 12.19% |
| Jun 30, 2023 | 11.74% |
| Mar 31, 2023 | 12.87% |
| Dec 31, 2022 | 13.81% |
| Sep 30, 2022 | 12.95% |
| Jun 30, 2022 | 11.67% |
| Mar 31, 2022 | 14.11% |
| Dec 31, 2021 | 22.37% |
Agnico Eagle Mines Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=AEM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "AEM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=AEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();