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%.
| # | Company | ROE | ROA | Debt/equity | Net margin | Market cap |
|---|---|---|---|---|---|---|
| 1 | Agnico Eagle Mines LimitedAEM | 104.0% | 66.5% | 0.56x | 37.5% | $87.0B |
| 2 | Southern Copper CorporationSCCO | 44.8% | 23.5% | 0.90x | 35.9% | $153.7B |
| 3 | Century Aluminum CompanyCENX | 43.0% | 21.0% | 0.96x | 22.6% | $3.2B |
| 4 | AngloGold Ashanti plcAU | 39.2% | 21.1% | 0.64x | 32.1% | $44.4B |
| 5 | CF Industries Holdings IncCF | 36.5% | 13.9% | 1.07x | 27.1% | $17.1B |
| 6 | WD-40 CompanyWDFC | 32.0% | 17.9% | 0.79x | 13.2% | $2.8B |
| 7 | Harmony Gold Mining Company LimitedHMY | 29.8% | 18.6% | 0.60x | 19.5% | $9.9B |
| 8 | Ero Copper CorpERO | 28.2% | 13.7% | 1.05x | 33.6% | $3.4B |
| 9 | Kinross Gold CorporationKGC | 27.9% | 19.3% | 0.43x | 33.9% | $24.9B |
| 10 | Eagle Materials IncEXP | 27.1% | 10.3% | 1.63x | 17.3% | $5.1B |
| 11 | IAMGold CorporationIAG | 26.2% | 18.5% | 0.40x | 25.7% | $9.4B |
| 12 | DRDGOLD Limited ADRDRD | 25.2% | 18.3% | 0.38x | 28.5% | $2.0B |
| 13 | Newmont Goldcorp CorpNEM | 24.4% | 14.9% | 0.63x | 33.4% | $116.2B |
| 14 | Gold Fields Ltd ADRGFI | 23.9% | 12.3% | 0.92x | 23.9% | $28.8B |
| 15 | NewMarket CorporationNEU | 23.6% | 12.0% | 0.97x | 15.8% | $8.3B |
| 16 | Martin Marietta Materials IncMLM | 21.3% | 11.5% | 0.85x | 36.7% | $26.5B |
| 17 | Ecolab IncECL | 21.1% | 7.1% | 1.97x | 12.6% | $78.1B |
| 18 | Barrick Mining CorporationB | 20.1% | 10.6% | 0.56x | 29.4% | $62.4B |
| 19 | Alamos Gold IncAGI | 19.9% | 13.9% | 0.44x | 49.0% | $12.7B |
| 20 | RPM International IncRPM | 19.8% | 8.4% | 1.37x | 8.7% | $12.2B |
| 21 | PPG Industries IncPPG | 19.6% | 7.2% | 1.71x | 9.8% | $22.3B |
| 22 | Loma Negra Compania Industrial Argentina SA ADRLOMA | 19.4% | 10.9% | 0.78x | 22.0% | $1.2B |
| 23 | United States Lime & Minerals IncUSLM | 19.3% | 18.0% | 0.07x | 35.7% | $3.0B |
| 24 | Oil-Dri Corporation Of AmericaODC | 19.1% | 13.3% | 0.44x | 11.5% | $1.2B |
| 25 | Wheaton Precious Metals CorpWPM | 19.1% | 18.4% | 0.03x | 63.6% | $55.1B |
| 26 | BHP Group LimitedBHP | 18.9% | 8.3% | 1.19x | 17.6% | $204.8B |
| 27 | Linde plc Ordinary SharesLIN | 18.5% | 8.2% | 1.22x | 20.4% | $220.8B |
| 28 | Titan America SATTAM | 17.9% | 9.8% | 0.83x | 11.1% | $2.4B |
| 29 | REX American Resources CorporationREX | 17.9% | 14.1% | 0.13x | 18.3% | $1.4B |
| 30 | Simpson Manufacturing Company IncSSD | 17.9% | 12.1% | 0.48x | 15.7% | $7.1B |
| 31 | Grupo Simec SAB de CV ADRSIM | 17.7% | 14.3% | 0.24x | 31.2% | $4.4B |
| 32 | Hudbay Minerals Inc.HBM | 17.6% | 9.1% | 0.93x | 25.7% | $9.0B |
| 33 | Alcoa CorpAA | 17.3% | 7.6% | 1.28x | 9.4% | $10.2B |
| 34 | Fortuna Silver Mines IncFSM | 17.1% | 12.2% | 0.37x | 30.4% | $3.0B |
| 35 | Steel Dynamics IncSTLD | 17.1% | 9.4% | 0.82x | 7.8% | $33.3B |
| 36 | Franco-Nevada CorporationFNV | 16.8% | 15.8% | 0.06x | 61.0% | $44.2B |
| 37 | Tecnoglass IncTGLS | 16.4% | 9.1% | 0.81x | 12.4% | $1.8B |
| 38 | Cementos Pacasmayo SAA ADRCPAC | 16.4% | 6.3% | 1.61x | 10.1% | $1.1B |
| 39 | Rio Tinto ADRRIO | 16.0% | 7.8% | 0.98x | 17.3% | $138.8B |
| 40 | CRH PLC ADRCRH | 16.0% | 6.5% | 1.37x | 9.9% | $52.0B |
| 41 | Hawkins IncHWKN | 14.7% | 8.0% | 0.84x | 7.3% | $2.6B |
| 42 | Freeport-McMoran Copper & Gold IncFCX | 14.7% | 4.9% | 1.37x | 11.4% | $99.4B |
| 43 | Osisko Gold RoOR | 14.4% | 13.2% | 0.09x | 74.3% | $5.8B |
| 44 | Pan American Silver Corp.PAAS | 14.0% | 10.1% | 0.39x | 27.1% | $16.2B |
| 45 | Sociedad Quimica y Minera de Chile SA ADR BSQM | 13.3% | 6.0% | 1.22x | 15.1% | $15.8B |
| 46 | Triple Flag Precious Metals CorpTFPM | 13.3% | 13.0% | 0.02x | 61.7% | $5.5B |
| 47 | Vulcan Materials CompanyVMC | 13.2% | 6.7% | 0.97x | 13.8% | $30.2B |
| 48 | Nucor CorpNUE | 13.0% | 7.8% | 0.62x | 8.0% | $54.4B |
| 49 | Balchem CorporationBCPC | 12.6% | 9.8% | 0.30x | 15.1% | $5.3B |
| 50 | Sensient Technologies CorporationSXT | 12.5% | 6.7% | 0.88x | 9.3% | $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.
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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.