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OverviewPriceRevenueEarningsP/ERatiosDividendTargets

Aris Mining Corporation (ARMN) Quarterly Financial Ratios

Last 47 quarters of trend data · Basic Materials · Gold

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Aris Mining Corporation's quarterly P/E stands at 16.2x, up 141.1% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 67.5% YoY to 6.2x, reflecting rising market expectations or slowing EBITDA growth.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
P/E Ratio →46.9016.2311.67—84.676.73—25.07——5.67——
—+141.1%———————————
P/S Ratio4.242.721.941.481.270.881.451.221.160.900.67——
—+209.6%+34.1%+21.5%+9.6%-2.6%+116.5%——————
P/B Ratio2.542.321.400.990.710.490.720.520.790.720.52——
—+373.7%+95.8%+89.5%-9.9%-32.1%+37.1%——————
P/FCF30.4715.6013.1017.53—3.42————6.31——
—+355.5%———————————
EV / EBITDA9.896.184.3315.374.383.696.516.836.934.002.78——
—+67.5%-33.4%+125.2%-36.8%-7.7%+133.8%——————
EV / EBIT11.388.126.1815.375.274.288.518.5610.6310.833.67——
—+89.5%-27.3%+79.5%-50.4%-60.5%+131.7%——————

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Aris Mining Corporation's operating margin was 40.0% in Q4 2025, down 1.7 pp QoQ and up 10.0 pp YoY. The trailing four-quarter average of 38.2% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 40.4% YoY, indicating pricing power or improving input costs.

Margins

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Gross Margin49.6%54.2%47.4%47.9%40.8%38.6%31.5%27.4%26.7%32.7%31.8%34.3%36.7%
—+40.4%+50.5%+75.0%+52.7%+18.1%-0.8%-20.2%-27.1%-16.8%-30.6%-17.5%-19.4%
Operating Margin38.5%40.0%41.8%38.1%32.7%30.0%23.7%18.5%17.2%25.8%26.7%17.2%27.5%
—+33.2%+76.5%+106.4%+90.3%+16.4%-11.5%+7.4%-37.4%+57.9%+193.7%-52.6%-19.7%
Net Margin8.4%16.5%16.3%-8.3%1.5%14.4%-1.5%4.9%-0.7%-4.8%11.9%9.1%-6.6%
—+14.8%+1157.2%-270.3%+317.4%+401.8%-113.0%-46.2%+89.5%-591.4%+123.1%-76.4%-227.2%

Return on Capital

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
ROE6.2%3.6%3.1%-1.4%0.2%2.0%-0.2%0.7%-0.1%-1.0%2.4%1.8%-1.3%
—+78.2%+1762.8%-317.9%+281.1%+305.1%-108.0%-63.9%+90.6%-588.9%+125.0%-76.5%-217.0%
ROA3.5%2.1%1.8%-0.8%0.1%1.1%-0.1%0.4%-0.1%-0.5%1.1%0.8%-0.5%
—+83.0%+1686.8%-318.6%+311.3%+350.8%-110.3%-55.3%+89.4%-693.5%+125.5%-79.2%-199.6%
ROIC18.3%6.0%5.4%4.1%2.8%2.5%1.8%1.5%1.7%3.1%3.1%2.0%3.1%
—+140.2%+209.1%+177.9%+68.8%-19.0%-43.8%-27.1%-46.3%+51.7%+191.4%-61.5%-42.7%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Aris Mining Corporation's Debt/EBITDA ratio is 3.7x, down from 4.3x last quarter — at a moderate level that warrants monitoring. The current ratio has weakened 32.4% YoY to 1.76x, tightening the short-term liquidity position. Debt/Equity has declined for 5 consecutive quarters, reflecting a deleveraging trend.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Debt / Equity0.360.360.370.430.470.480.340.340.600.610.620.670.74
—-24.4%+7.8%+27.1%-21.5%-21.6%-45.8%-49.6%-19.3%-30.3%-25.7%+6.6%+15.6%
Debt / EBITDA1.283.734.3022.608.509.628.9912.2814.379.598.7613.4310.97
—-61.3%-52.2%+84.0%-40.8%+0.3%+2.6%-8.6%+31.0%-52.5%—+94.2%+49.8%
Current Ratio1.761.762.422.152.102.611.451.881.921.992.873.313.33
—-32.4%+66.6%+14.1%+9.7%+31.0%-49.6%-43.2%-42.5%-23.5%+1.0%-46.6%-47.3%
Quick Ratio1.581.582.161.851.812.271.131.521.611.722.502.943.02
—-30.4%+91.4%+21.2%+12.6%+31.6%-55.0%-48.1%-46.9%-28.8%-5.6%-49.1%-49.3%
Interest Coverage6.3610.879.342.135.145.135.214.022.512.184.834.051.65
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 47 years · Updated daily

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ARMN — Frequently Asked Questions

Quick answers to the most common questions about buying ARMN stock.

What is Aris Mining Corporation's quarterly P/E ratio trend?

Aris Mining Corporation's current P/E is 46.9x. The average P/E over the last 3 quarters is 37.5x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Aris Mining Corporation's margins change by quarter?

Aris Mining Corporation's current operating margin is 38.5%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at ARMN quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Aris Mining Corporation's business trajectory between earnings reports.

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