Is the business good?
How good a business is CDE?
Coeur Mining, Inc. earns 9.0% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
9.0%
Return on invested capital · cost of capital 9.0% · 0.04 points above what the capital costs: growth creates value
- Operating margin
- 34%
Operating margin · Gold median 39% · 12 months to Q2 2026
- Cash conversion
- 1.36×
Cash conversion · 1.31× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- +61%
Share count, year on year · shareholders own a smaller slice than a year ago
| Year | Operating margin |
|---|---|
| FY2020 | 10% |
| FY2021 | 6.8% |
| FY2022 | −5.0% |
| FY2023 | −4.7% |
| FY2024 | 16% |
| FY2025 | 34% |
Details›
- Operating margin12 months to Q2 2026
- 34%
- Net margin12 months to Q2 2026
- 27%
- Free cash flow margin
- 36%
- Revenue, trailing twelve months
- $3.17B
- Free cash flow, trailing twelve months
- $1.16B
- Net income, trailing twelve months
- $850M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 9.0%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.