Agnico Eagle Mines (AEM) Return on Invested Capital [ROIC] (2009 - 2026)
Agnico Eagle Mines' Return on Invested Capital [ROIC] was 35.18% in the quarter ended Jun 30, 2026, up 7.03 percentage points from 28.15% a year earlier and up 0.31 percentage points from the prior quarter.
Agnico Eagle Mines (AEM) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Return on Invested Capital [ROIC] at Agnico Eagle Mines came in at 33.85%, up 8.05 percentage points from the prior year.
- Return on Invested Capital [ROIC] shows a five-year change of +0.37 percentage points (years ended Dec 2020 to Dec 2025).
- In earlier years, Return on Invested Capital [ROIC] was 25.80% in the year ended Dec 31, 2024 (-2.27 pp), 28.07% in the year ended Dec 31, 2023 (+0.88 pp), 27.19% in the year ended Dec 31, 2022 (-12.01 pp) and 39.21% in the year ended Dec 31, 2021 (+5.73 pp).
- The figure for the quarter ended Jun 30, 2026 marks the highest quarterly Return on Invested Capital [ROIC] since the quarter ended Sep 30, 2019.
- Compared with a year earlier, Return on Invested Capital [ROIC] has increased for seven straight quarters, with an average year-over-year change of +7.20 percentage points over the last seven quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was the quarter ended Mar 31, 2025 (a gain of 9.80 percentage points); the worst was the quarter ended Mar 31, 2022 (a drop of 11.93 percentage points).
- Per Business Quant data, AEM's Return on Invested Capital [ROIC] in the three quarters before the quarter ended Jun 30, 2026 was 34.87% (quarter ended Mar 31, 2026), 32.58% (quarter ended Dec 31, 2025) and 30.09% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 193.68 Bn | 159.81 Bn | - | - |
| 2 | Southern Copper | 171.36 Bn | 150.22 Bn | 2.90 Bn | - |
| 3 | Newmont | 121.76 Bn | 89.94 Bn | 4.03 Bn | 7.86% |
| 4 | Ternium | 113.51 Bn | 78.56 Bn | 941.02 Mn | 4.89% |
| 5 | Freeport-Mcmoran | 103.45 Bn | 99.60 Bn | 2.19 Bn | 11.56% |
| 6 | Agnico Eagle Mines | 91.92 Bn | 91.92 Bn | 2.43 Bn | 35.18% |
| 7 | Barrick Mining | 67.42 Bn | 52.16 Bn | 2.90 Bn | 29.31% |
| 8 | Nucor | 54.54 Bn | 45.08 Bn | 2.03 Bn | 11.01% |
| 9 | ArcelorMittal | 49.09 Bn | 30.12 Bn | - | 3.54% |
| 10 | AngloGold Ashanti | 47.94 Bn | 37.61 Bn | 1.70 Bn | 29.77% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 35.18% |
| Mar 31, 2026 | 34.87% |
| Dec 31, 2025 | 32.58% |
| Sep 30, 2025 | 30.09% |
| Jun 30, 2025 | 28.15% |
| Mar 31, 2025 | 26.82% |
| Dec 31, 2024 | 25.63% |
| Sep 30, 2024 | 21.50% |
| Jun 30, 2024 | 18.52% |
| Mar 31, 2024 | 17.02% |
| Dec 31, 2023 | 25.28% |
| Mar 31, 2023 | 24.59% |
| Dec 31, 2022 | 19.68% |
| Sep 30, 2022 | 16.73% |
| Jun 30, 2022 | 16.61% |
| Mar 31, 2022 | 20.43% |
| Dec 31, 2021 | 30.57% |
| Sep 30, 2021 | 19.46% |
| Jun 30, 2021 | 20.21% |
| Mar 31, 2021 | 32.36% |
Agnico Eagle Mines Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=AEM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=AEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();