IAMGOLD Corporation (IAG) Financial Ratios
30 years of historical data (1996–2025) · Basic Materials · Gold
EV/EBITDA
↓
7.24
+11% vs avg
5yr avg: 6.54
30Y Low2.9·High38.3
P/FCF
14.12
+14% vs avg
5yr avg: 12.44
30Y Low12.4·High154.6
P/B Ratio
↑
2.54
↑+162% vs avg
5yr avg: 0.97
30Y Low0.3·High2.8
ROE
↑
17.7%
↓+137% vs avg
5yr avg: 7.5%
30Y Low-33%·High29%
Debt/EBITDA
↓
0.54
↓-78% vs avg
5yr avg: 2.48
30Y Low0.0·High5.6
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
IAG Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
IAMGOLD Corporation trades at 15.9x earnings, 54% above its 5-year average of 10.3x, sitting at the 43rd percentile of its historical range. Compared to the Basic Materials sector median P/E of 22.9x, the stock trades at a discount of 30%. On a free-cash-flow basis, the stock trades at 14.1x P/FCF, 14% above the 5-year average of 12.4x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $10.9B | $9.6B | $2.8B | $1.2B | $1.2B | $1.5B | $1.8B | $1.7B | $1.7B | $2.7B | $1.6B |
| Enterprise Value | $11.3B | $10.0B | $3.6B | $1.8B | $1.8B | $1.5B | $1.3B | $1.4B | $1.5B | $2.5B | $1.5B |
| P/E Ratio → | 15.95 | 14.22 | 3.44 | 13.32 | — | — | 40.78 | — | — | 5.45 | 32.08 |
| P/S Ratio | 3.75 | 3.30 | 1.72 | 1.24 | 1.29 | 1.70 | 1.41 | 1.64 | 1.55 | 2.49 | 1.65 |
| P/B Ratio | 2.54 | 2.26 | 0.83 | 0.54 | 0.56 | 0.64 | 0.69 | 0.72 | 0.61 | 0.96 | 0.72 |
| P/FCF | 14.12 | 12.44 | — | — | — | — | 58.48 | 20.11 | — | 48.84 | 120.89 |
| P/OCF | 10.18 | 8.96 | 7.17 | 10.26 | 3.39 | 5.23 | 5.05 | 4.81 | 8.98 | 9.23 | 5.19 |
P/E links to full P/E history page with 30-year chart
IAG EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
IAMGOLD Corporation's enterprise value stands at 7.2x EBITDA, 11% above its 5-year average of 6.5x. The Basic Materials sector median is 11.4x, placing the stock at a 37% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.45 | 2.22 | 1.83 | 1.90 | 1.69 | 1.08 | 1.30 | 1.35 | 2.24 | 1.48 |
| EV / EBITDA | 7.24 | 6.41 | 2.97 | 8.18 | 6.42 | 8.74 | 3.26 | — | 5.21 | 2.86 | 4.99 |
| EV / EBIT | 10.02 | 8.86 | 3.72 | 19.33 | 57.58 | — | 12.48 | — | 65.32 | 3.99 | 12.40 |
| EV / FCF | — | 12.98 | — | — | — | — | 44.87 | 15.93 | — | 43.96 | 108.53 |
IAG Profitability
Margins and return-on-capital ratios measuring operating efficiency
IAMGOLD Corporation earns an operating margin of 38.9%, significantly above the Basic Materials sector average of 9.8%. Operating margins have expanded from -0.0% to 38.9% over the past 3 years, signaling improving operational efficiency. ROE of 17.7% indicates solid capital efficiency. ROIC of 19.1% represents solid returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 41.2% | 41.2% | 33.7% | 12.6% | 15.4% | 7.1% | 20.2% | 6.5% | 12.3% | 14.0% | 10.4% |
| Operating Margin | 38.9% | 38.9% | 57.8% | -0.0% | 4.3% | -11.9% | 11.7% | -31.7% | 3.1% | 53.0% | 3.3% |
| Net Profit Margin | 23.3% | 23.3% | 50.2% | 9.6% | -7.3% | -29.1% | 3.4% | -38.7% | -2.5% | 45.8% | 5.3% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 17.7% | 17.7% | 28.9% | 4.2% | -3.1% | -10.5% | 1.7% | -15.8% | -1.0% | 19.6% | 2.5% |
| ROA | 11.5% | 11.5% | 16.5% | 2.1% | -1.6% | -6.0% | 1.1% | -10.5% | -0.7% | 13.6% | 1.6% |
| ROIC | 19.1% | 19.1% | 20.1% | -0.0% | 1.2% | -3.5% | 5.2% | -10.9% | 1.0% | 18.6% | 1.1% |
| ROCE | 21.2% | 21.2% | 21.6% | -0.0% | 1.1% | -2.8% | 3.9% | -9.2% | 0.9% | 16.7% | 1.0% |
IAG Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
IAMGOLD Corporation carries a Debt/EBITDA ratio of 0.5x, which is very conservative (80% below the sector average of 2.6x). Net debt stands at $419M ($840M total debt minus $421M cash). Interest coverage of 10.4x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.20 | 0.20 | 0.34 | 0.42 | 0.45 | 0.23 | 0.21 | 0.19 | 0.14 | 0.14 | 0.21 |
| Debt / EBITDA | 0.54 | 0.54 | 0.95 | 4.30 | 3.50 | 3.13 | 1.29 | — | 1.38 | 0.46 | 1.65 |
| Net Debt / Equity | — | 0.10 | 0.24 | 0.26 | 0.26 | -0.01 | -0.16 | -0.15 | -0.08 | -0.10 | -0.07 |
| Net Debt / EBITDA | 0.27 | 0.27 | 0.66 | 2.64 | 2.06 | -0.09 | -0.99 | — | -0.75 | -0.32 | -0.57 |
| Debt / FCF | — | 0.54 | — | — | — | — | -13.60 | -4.19 | — | -4.88 | -12.36 |
| Interest Coverage | 10.38 | 10.38 | — | — | — | — | 7.37 | -22.84 | 8.51 | 59.38 | 4.86 |
IAG Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.75x means IAMGOLD Corporation can comfortably meet its short-term obligations, though there is limited excess liquidity. The quick ratio of 1.02x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 1.19x to 1.75x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.75 | 1.75 | 1.21 | 1.19 | 2.35 | 1.64 | 4.17 | 4.75 | 4.78 | 5.02 | 5.18 |
| Quick Ratio | 1.02 | 1.02 | 0.72 | 0.77 | 2.04 | 1.12 | 3.19 | 3.59 | 3.57 | 4.16 | 4.12 |
| Cash Ratio | 0.82 | 0.82 | 0.63 | 0.58 | 0.63 | 0.95 | 2.83 | 3.16 | 3.23 | 3.42 | 3.34 |
| Asset Turnover | — | 0.46 | 0.30 | 0.22 | 0.22 | 0.21 | 0.29 | 0.28 | 0.28 | 0.28 | 0.29 |
| Inventory Turnover | 4.53 | 4.53 | 3.98 | 3.24 | 4.06 | 2.70 | 3.03 | 3.23 | 3.55 | 4.71 | 4.26 |
| Days Sales Outstanding | — | 7.64 | 7.76 | 25.07 | 31.60 | 20.15 | 23.72 | 17.61 | 20.76 | 48.67 | 2.81 |
IAG Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
IAMGOLD Corporation returns 0.5% to shareholders annually primarily through share buybacks. The earnings yield of 6.3% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 6.3% | 7.0% | 29.1% | 7.5% | — | — | 2.5% | — | — | 18.4% | 3.1% |
| FCF Yield | 7.1% | 8.0% | — | — | — | — | 1.7% | 5.0% | — | 2.0% | 0.8% |
| Buyback Yield | 0.5% | 0.5% | 1.1% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.5% | 0.5% | 1.1% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $582M | $546M | $485M | $479M | $477M | $478M | $468M | $467M | $468M | $424M |
Peer Comparison
Compare IAG with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 IAGYou | $11B | 15.9 | 7.2 | 14.1 | 41.2% | 38.9% | 17.7% | 19.1% | 0.5 |
 EGO | $6B | 12.6 | 6.4 | — | 44.9% | 41.5% | 12.6% | 13.3% | 1.2 |
 CDE | $12B | 20.8 | 11.6 | 18.1 | 39.3% | 36.3% | 26.4% | 23.5% | 0.4 |
 PAAS | $24B | 21.7 | 13.7 | 22.0 | 37.7% | 32.3% | 17.0% | 15.7% | 0.5 |
 HL | $12B | 37.0 | 17.3 | 39.2 | 41.1% | 37.5% | 13.9% | 15.3% | 0.4 |
 KGC | $37B | 15.5 | 8.4 | 14.4 | 47.5% | 43.2% | 31.0% | 29.9% | 0.2 |
 NEM | $128B | 18.0 | 9.2 | 17.5 | 49.8% | 46.9% | 22.1% | 24.9% | 0.0 |
 AEM | $95B | 21.4 | 11.6 | 22.3 | 58.1% | 53.1% | 19.6% | 21.9% | 0.0 |
 AU | $50B | 19.0 | 9.0 | 16.0 | 46.5% | 45.1% | 28.6% | 35.9% | 0.4 |
 AGI | $18B | 20.0 | 16.9 | 65.0 | 54.3% | 44.5% | 22.2% | 15.9% | 0.2 |
 OR | $7B | 34.9 | 29.3 | 34.2 | 83.4% | 72.9% | 16.0% | 12.2% | 0.0 |
| Basic Materials Median | — | 22.9 | 11.4 | 27.5 | 31.7% | 9.8% | 1.0% | 4.4% | 2.6 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonIAG — Frequently Asked Questions
Quick answers to the most common questions about buying IAG stock.
What is IAMGOLD Corporation's P/E ratio?
IAMGOLD Corporation's current P/E ratio is 15.9x. The historical average is 29.5x. This places it at the 43th percentile of its historical range.
What is IAMGOLD Corporation's EV/EBITDA?
IAMGOLD Corporation's current EV/EBITDA is 7.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.8x.
What is IAMGOLD Corporation's ROE?
IAMGOLD Corporation's return on equity (ROE) is 17.7%. The historical average is 3.1%.
Is IAG stock overvalued?
Based on historical data, IAMGOLD Corporation is trading at a P/E of 15.9x. This is at the 43th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are IAMGOLD Corporation's profit margins?
IAMGOLD Corporation has 41.2% gross margin and 38.9% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does IAMGOLD Corporation have?
IAMGOLD Corporation's Debt/EBITDA ratio is 0.5x, indicating low leverage. A ratio below 2x is generally considered financially healthy.