Agnico Eagle Mines (AEM) Return on Invested Capital [ROIC] (2009 - 2026)
Agnico Eagle Mines' Return on Invested Capital [ROIC] was 21.05% in Q3 2026, up 0.23 percentage points from 20.82% a year earlier but down 2.30 percentage points from the prior quarter.
Agnico Eagle Mines (AEM) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Agnico Eagle Mines came in at 23.05%, up 8.22 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a five-year change of +11.41 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was 14.83% in FY2024 (-0.82 pp), 15.65% in FY2023 (+0.84 pp), 14.80% in FY2022 (-2.25 pp) and 17.05% in FY2021 (+5.42 pp).
- Quarterly Return on Invested Capital [ROIC] has moved between 8.92% (Q2 2022) and 24.10% (Q1 2026) over five years.
- Compared with a year earlier, Return on Invested Capital [ROIC] has increased for eight straight quarters, with an average year-over-year change of +5.56 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q2 2025 (a gain of 8.15 percentage points); the worst was Q1 2022 (a drop of 7.47 percentage points).
- Per Business Quant data, AEM's Return on Invested Capital [ROIC] in the three quarters before Q3 2026 was 23.34% (Q2 2026), 24.10% (Q1 2026) and 23.16% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 170.99 Bn | 133.79 Bn | - | - |
| 2 | Southern Copper | 146.42 Bn | 121.15 Bn | 3.10 Bn | - |
| 3 | Rio Tinto | 139.98 Bn | 100.80 Bn | - | - |
| 4 | Newmont | 132.34 Bn | 97.49 Bn | 4.22 Bn | 8.59% |
| 5 | Agnico Eagle Mines | 100.36 Bn | 87.30 Bn | 2.15 Bn | 21.64% |
| 6 | Ternium | 99.86 Bn | 68.11 Bn | 1.04 Bn | 8.46% |
| 7 | Freeport-Mcmoran | 90.01 Bn | 74.05 Bn | 2.19 Bn | 11.56% |
| 8 | Barrick Mining | 72.53 Bn | 47.73 Bn | 2.90 Bn | 24.82% |
| 9 | Nucor | 56.81 Bn | 46.19 Bn | 2.03 Bn | 11.01% |
| 10 | AngloGold Ashanti | 50.40 Bn | 37.71 Bn | 1.30 Bn | 51.04% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 21.64% |
| Jun 30, 2026 | 23.34% |
| Mar 31, 2026 | 24.10% |
| Dec 31, 2025 | 23.16% |
| Sep 30, 2025 | 20.82% |
| Jun 30, 2025 | 18.82% |
| Mar 31, 2025 | 17.22% |
| Dec 31, 2024 | 15.69% |
| Sep 30, 2024 | 12.93% |
| Jun 30, 2024 | 10.68% |
| Mar 31, 2024 | 9.51% |
| Dec 31, 2023 | 14.06% |
| Sep 30, 2023 | 13.38% |
| Jun 30, 2023 | 12.61% |
| Mar 31, 2023 | 13.59% |
| Dec 31, 2022 | 10.59% |
| Sep 30, 2022 | 8.95% |
| Jun 30, 2022 | 8.81% |
| Mar 31, 2022 | 10.72% |
| Dec 31, 2021 | 16.81% |
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();