Quality

Highest return on equity Basic Materials stocks

Net income as a share of shareholders' equity, for companies worth over $1 billion with debt under twice equity (heavy debt inflates ROE).

Top of the list: Agnico Eagle Mines Limited (AEM) 104.0%; Southern Copper (SCCO) 44.8%; Century Aluminum (CENX) 43.0%.

The median roe across these 50 companies is 19.0%.

#CompanyROEROADebt/equityNet marginMarket cap
1 Agnico Eagle Mines LimitedAEM 104.0%66.5%0.56x37.5%$87.0B
2 Southern Copper CorporationSCCO 44.8%23.5%0.90x35.9%$153.7B
3 Century Aluminum CompanyCENX 43.0%21.0%0.96x22.6%$3.2B
4 AngloGold Ashanti plcAU 39.2%21.1%0.64x32.1%$44.4B
5 CF Industries Holdings IncCF 36.5%13.9%1.07x27.1%$17.1B
6 WD-40 CompanyWDFC 32.0%17.9%0.79x13.2%$2.8B
7 Harmony Gold Mining Company LimitedHMY 29.8%18.6%0.60x19.5%$9.9B
8 Ero Copper CorpERO 28.2%13.7%1.05x33.6%$3.4B
9 Kinross Gold CorporationKGC 27.9%19.3%0.43x33.9%$24.9B
10 Eagle Materials IncEXP 27.1%10.3%1.63x17.3%$5.1B
11 IAMGold CorporationIAG 26.2%18.5%0.40x25.7%$9.4B
12 DRDGOLD Limited ADRDRD 25.2%18.3%0.38x28.5%$2.0B
13 Newmont Goldcorp CorpNEM 24.4%14.9%0.63x33.4%$116.2B
14 Gold Fields Ltd ADRGFI 23.9%12.3%0.92x23.9%$28.8B
15 NewMarket CorporationNEU 23.6%12.0%0.97x15.8%$8.3B
16 Martin Marietta Materials IncMLM 21.3%11.5%0.85x36.7%$26.5B
17 Ecolab IncECL 21.1%7.1%1.97x12.6%$78.1B
18 Barrick Mining CorporationB 20.1%10.6%0.56x29.4%$62.4B
19 Alamos Gold IncAGI 19.9%13.9%0.44x49.0%$12.7B
20 RPM International IncRPM 19.8%8.4%1.37x8.7%$12.2B
21 PPG Industries IncPPG 19.6%7.2%1.71x9.8%$22.3B
22 Loma Negra Compania Industrial Argentina SA ADRLOMA 19.4%10.9%0.78x22.0%$1.2B
23 United States Lime & Minerals IncUSLM 19.3%18.0%0.07x35.7%$3.0B
24 Oil-Dri Corporation Of AmericaODC 19.1%13.3%0.44x11.5%$1.2B
25 Wheaton Precious Metals CorpWPM 19.1%18.4%0.03x63.6%$55.1B
26 BHP Group LimitedBHP 18.9%8.3%1.19x17.6%$204.8B
27 Linde plc Ordinary SharesLIN 18.5%8.2%1.22x20.4%$220.8B
28 Titan America SATTAM 17.9%9.8%0.83x11.1%$2.4B
29 REX American Resources CorporationREX 17.9%14.1%0.13x18.3%$1.4B
30 Simpson Manufacturing Company IncSSD 17.9%12.1%0.48x15.7%$7.1B
31 Grupo Simec SAB de CV ADRSIM 17.7%14.3%0.24x31.2%$4.4B
32 Hudbay Minerals Inc.HBM 17.6%9.1%0.93x25.7%$9.0B
33 Alcoa CorpAA 17.3%7.6%1.28x9.4%$10.2B
34 Fortuna Silver Mines IncFSM 17.1%12.2%0.37x30.4%$3.0B
35 Steel Dynamics IncSTLD 17.1%9.4%0.82x7.8%$33.3B
36 Franco-Nevada CorporationFNV 16.8%15.8%0.06x61.0%$44.2B
37 Tecnoglass IncTGLS 16.4%9.1%0.81x12.4%$1.8B
38 Cementos Pacasmayo SAA ADRCPAC 16.4%6.3%1.61x10.1%$1.1B
39 Rio Tinto ADRRIO 16.0%7.8%0.98x17.3%$138.8B
40 CRH PLC ADRCRH 16.0%6.5%1.37x9.9%$52.0B
41 Hawkins IncHWKN 14.7%8.0%0.84x7.3%$2.6B
42 Freeport-McMoran Copper & Gold IncFCX 14.7%4.9%1.37x11.4%$99.4B
43 Osisko Gold RoOR 14.4%13.2%0.09x74.3%$5.8B
44 Pan American Silver Corp.PAAS 14.0%10.1%0.39x27.1%$16.2B
45 Sociedad Quimica y Minera de Chile SA ADR BSQM 13.3%6.0%1.22x15.1%$15.8B
46 Triple Flag Precious Metals CorpTFPM 13.3%13.0%0.02x61.7%$5.5B
47 Vulcan Materials CompanyVMC 13.2%6.7%0.97x13.8%$30.2B
48 Nucor CorpNUE 13.0%7.8%0.62x8.0%$54.4B
49 Balchem CorporationBCPC 12.6%9.8%0.30x15.1%$5.3B
50 Sensient Technologies CorporationSXT 12.5%6.7%0.88x9.3%$5.5B

Ranked from each company's latest price and reported results. Companies need a page on Investingly (SEC statements on file). Open any company for its reverse DCF, insider buying and 13F holders.

Questions

Which company ranks first on the highest return on equity basic materials stocks list?

Agnico Eagle Mines Limited (AEM), with a roe of 104.0%, as of October 12, 2026.

How is this list built?

Net income as a share of shareholders' equity, for companies worth over $1 billion with debt under twice equity (heavy debt inflates ROE). It shows the top 50 and is rebuilt every day.

Prices and ratios as of Oct 11, 2026. Statements from SEC filings. Information only, not investment advice.