Newmont Corporation (NEM) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 27	$1.99	$2.1	+5.5%	—	—	—
Q4 26	$2.17	$2.9	+33.6%	—	—	—
Q3 26	$2.03	$2.52	+24.1%	—	—	—
Q2 26	$1.44	$1.71	+18.8%	—	—	—
Q1 26	$1.16	$1.43	+23.3%	—	—	—
Q4 25	$0.91	$1.25	+37.4%	—	—	—
Q3 25	$1.03	$1.4	+35.9%	—	—	—
Q2 25	$0.86	$0.81	-5.8%	—	—	—
Q1 25	$0.61	$0.72	+18.0%	—	—	—
Q4 24	$0.37	$0.55	+48.6%	—	—	—
Q3 24	$0.44	$0.5	+13.6%	—	—	—
Q2 24	$0.4	$0.36	-10.0%	—	—	—
Q1 24	$0.45	$0.33	-26.7%	—	—	—
Q4 23	$0.32	$0.4	+25.0%	—	—	—
Q3 23	$0.45	$0.44	-2.2%	—	—	—
Q2 23	$0.34	$0.27	-20.6%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$6.41	—	—	$22.7B	—
FY24	—	$2.92	—	—	$18.7B	—
FY23	—	-$2.97	—	—	$11.8B	—
FY22	—	-$0.54	—	—	$11.9B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$6.7B	$7.4B	$7.3B	$9.7B	$11.5B	$12.2B	$11.9B	$11.8B	$18.7B	$22.7B
YoY change	+9.78%	+10.5%	-1.71%	+34.3%	+18%	+6.31%	-2.51%	-0.86%	+58.2%	+21.3%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	6.7B	7.4B	7.3B	9.7B	11.5B	12.2B	11.9B	11.8B	18.7B	22.7B
Cost of revenue	5B	5.3B	5.3B	7.2B	7.3B	7.8B	8.7B	8.8B	11.5B	10.6B
Gross profit	1.7B	2.1B	1.9B	2.6B	4.2B	4.5B	3.3B	3B	7.1B	12.1B
Gross margin	25.9%	27.9%	26.8%	26.5%	36.4%	36.5%	27.4%	25.4%	38.2%	53.2%
Research & development	134M	143M	153M	150M	122M	154M	229M	200M	197M	166M
Selling, general & administrative	233M	237M	244M	313M	269M	259M	276M	299M	442M	382M
Operating expenses	684M	751M	757M	1B	1.1B	2.5B	1.7B	2.3B	1.2B	1B
Operating income	1B	1.3B	1.2B	1.6B	3.1B	2B	1.6B	708M	5.9B	11B
Operating margin	15.6%	17.7%	16.4%	16.2%	26.6%	16.3%	13.5%	5.99%	31.6%	48.6%
Non-operating income, net	-1B	-20M	-299M	2.4B	366M	-632M	-1.5B	-2.6B	-1.1B	334M
Pretax income	-220M	1.1B	738M	3.7B	3.1B	1.1B	-51M	-2B	4.6B	11.3B
Income tax	579M	1.1B	386M	832M	704M	1.1B	455M	526M	1.4B	4.6B
Net income	-943M	-109M	380M	2.9B	2.8B	233M	-369M	-2.5B	3.4B	7.2B
Net margin	-14.1%	-1.48%	5.24%	29.6%	24.3%	1.91%	-3.1%	-20.9%	18.1%	31.6%
EBITDA	2.3B	2.6B	2.5B	6B	5.4B	4.3B	3.9B	3B	8.6B	13.7B
EPS	-1.18	-0.21	0.64	3.82	3.52	1.46	-0.54	-2.97	2.92	6.41
Diluted EPS	-1.18	-0.21	0.64	3.81	3.51	1.46	-0.54	-2.97	2.92	6.39

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	2.5B	4B	4B	4.4B	4.6B	5.7B	5B	5.3B	5.5B	6.8B	7.3B	6.1B
Cost of revenue	1.9B	3B	2.8B	2.8B	2.9B	3.1B	2.7B	2.6B	2.6B	2.7B	2.6B	2.7B
Gross profit	642M	973M	1.3B	1.6B	1.7B	2.6B	2.3B	2.7B	2.9B	4.1B	4.7B	3.4B
Gross margin	25.8%	24.6%	31.4%	37.3%	36.1%	45.5%	46.1%	50.7%	53%	60.5%	64.8%	56%
Research & development	53M	68M	53M	49M	47M	48M	43M	40M	40M	43M	45M	47M
Selling, general & administrative	70M	84M	101M	100M	113M	128M	110M	95M	86M	91M	79M	74M
Operating expenses	367M	1.5B	305M	300M	366M	262M	295M	279M	314M	152M	253M	271M
Operating income	275M	-487M	958M	1.3B	1.3B	2.3B	2B	2.4B	2.6B	4B	4.5B	3.2B
Operating margin	11%	-12.3%	23.8%	30.5%	28.2%	40.9%	40.2%	45.5%	47.4%	58.3%	61.4%	51.6%
Non-operating income, net	-30M	-2.6B	-476M	-243M	-190M	-201M	493M	712M	-113M	-758M	53M	-208M
Pretax income	232M	-3.1B	428M	1B	1.1B	2.1B	2.5B	3.1B	2.5B	3.2B	4.6B	3B
Income tax	73M	77M	260M	191M	244M	702M	647M	1.1B	787M	2.1B	1.4B	952M
Net income	163M	-3.1B	179M	857M	924M	1.4B	1.9B	2.1B	1.8B	1.3B	3.3B	2.3B
Net margin	6.54%	-79.6%	4.45%	19.5%	20.1%	25.1%	38%	39%	33.4%	19.8%	45.5%	36.8%
EBITDA	783M	268M	1.6B	2B	2B	3B	2.6B	3B	3.3B	4.7B	5.2B	3.8B
EPS	0.2	-3.21	0.15	0.74	0.8	1.24	1.68	1.86	1.67	1.19	3.01	2.07
Diluted EPS	0.2	-3.21	0.15	0.74	0.8	1.24	1.68	1.85	1.67	1.19	3.01	2.06

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	18.1B	20B	18.5B	—	48.2B	49.6B	37.5B	34.8B	—	110.4B	122.3B
Enterprise value	19.9B	20.7B	19.3B	—	49B	50.8B	39.9B	41.2B	—	107.8B	124.7B
Shares outstanding	531.4M	533M	533M	735M	804M	799M	794M	841M	1.1B	1.1B	1.1B

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	48.6	—	17.3	212.7	—	—	—	15.4	14.6
P/S	2.71	2.71	2.55	—	4.19	4.05	3.15	2.95	—	4.87	4.75
P/B	1.52	1.74	1.6	—	2.02	2.27	1.92	1.19	—	3.24	3.49
EV/EBITDA	8.78	8	7.79	—	9.08	11.7	10.3	13.8	—	7.86	7.31
EV/Sales	2.98	2.81	2.66	—	4.26	4.15	3.34	3.49	—	4.75	4.84
Earnings yield	—	—	2.06%	—	5.8%	0.47%	—	—	—	6.49%	6.83%
FCF yield	9.13%	6.29%	4.3%	—	7.43%	5.3%	2.91%	0.28%	—	6.61%	7.21%
PEG	—	—	—	—	—	—	—	—	—	—	1.3

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	25.9%	27.9%	26.8%	26.5%	36.4%	36.5%	27.4%	25.4%	38.2%	53.2%	56%
Operating margin	15.6%	17.7%	16.4%	16.2%	26.6%	16.3%	13.5%	5.99%	31.6%	48.6%	51.6%
Net margin	-14.1%	-1.48%	5.24%	29.6%	24.3%	1.91%	-3.1%	-20.9%	18.1%	31.6%	33.4%
ROE	-7.94%	-0.95%	3.3%	12.9%	11.7%	1.07%	-1.89%	-8.45%	11.2%	21.1%	25.9%
ROA	-4.48%	-0.53%	1.83%	7.21%	6.75%	0.57%	-0.96%	-4.44%	6%	12.5%	15.8%
ROIC	7.64%	0%	4.6%	4.55%	9.6%	0.08%	7.33%	1.99%	11.6%	20.9%	27.1%
Return on tangible assets	-4.48%	-0.53%	1.84%	8.33%	7.79%	0.67%	-1.07%	-4.98%	6.63%	13.8%	16.8%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	2.67	3.62	2.95	2.63	2.52	2.9	2.23	1.25	1.63	2.29	2.55
Quick ratio	1.88	2.65	2.21	1.86	1.99	2.23	1.63	0.81	1.34	1.82	2.01
Debt / equity	0.39	0.35	0.37	0.31	0.28	0.29	0.31	0.32	0.3	0.16	0.16
Debt / assets	0.22	0.2	0.21	0.17	0.16	0.16	0.16	0.17	0.16	0.1	0.1
Net debt / EBITDA	0.8	0.29	0.33	0.74	0.16	0.28	0.61	2.15	0.62	-0.19	-0.2
Interest coverage	0.19	5.45	4.57	13.3	11.2	5.04	0.78	-7.36	13.2	50.5	84.9
Effective tax rate	0%	100%	52.3%	22.5%	22.4%	99.1%	0%	0%	30.5%	40.5%	39.1%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	12.6	13.8	13.6	13.3	14.3	15.3	15	14	16.3	20.5	23.8
EPS (basic)	-1.18	-0.21	0.64	3.82	3.52	1.46	-0.54	-2.97	2.92	6.41	6.41
EPS (diluted)	-1.18	-0.21	0.64	3.81	3.51	1.46	-0.54	-2.97	2.92	6.39	7.93
Book value per share	22.3	21.6	21.6	30.5	29.7	27.4	24.6	34.7	26.3	30.8	33.3
FCF per share	3.11	2.36	1.49	1.91	4.45	3.29	1.37	0.12	2.58	6.6	9.12
Cash per share	5.29	6.23	6.46	3.37	7.25	6.35	4.73	3.6	3.18	7.45	8.55
Capex per share	2.13	1.62	1.89	1.95	0.18	1.96	2.66	3.17	2.48	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	17%	11.7%	13.9%	14.7%	1.27%	12.8%	17.8%	22.6%	15.2%	—	—
Capex / operating cash flow	170.4%	42.1%	72.3%	26%	2.76%	37.8%	96.8%	621.4%	58%	—	—
Payout ratio	-7.1%	-122.9%	79.2%	30.8%	29.9%	754.1%	-473.2%	-57.4%	33.9%	15.4%	12.9%
Dividend yield	0.37%	0.67%	1.63%	—	1.73%	3.55%	4.66%	4.07%	—	1%	0.9%

Yield

0.9%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.26

ex-dividend Sep 3, 2026

Payout ratio

13%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 3, 2026	$0.26
May 27, 2026	$0.26
Mar 3, 2026	$0.26

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$2.5B	$4B	$4B	$4.4B	$4.6B	$5.7B	$5B	$5.3B	$5.5B	$6.8B	$7.3B	$6.1B
YoY change	-5.35%	+23.7%	+50.2%	+64.1%	+84.7%	+42.8%	+24.5%	+20.8%	+20%	+20.6%	+45.8%	+15.1%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	2.8B	3.3B	3.4B	2.5B	5.8B	5.1B	3.8B	3B	3.6B	8.2B
Receivables	160M	124M	254M	373M	449M	337M	366M	734M	1.1B	1.1B
Inventory	1.4B	1.4B	1.3B	1.8B	1.8B	1.8B	1.8B	2.6B	2.2B	2.7B
Total current assets	4.7B	5.1B	5.3B	6.3B	8.5B	7.7B	6.5B	7.5B	12.3B	13.1B
Property, plant & equipment	12.5B	12.3B	12.3B	25.3B	24.3B	24.1B	24.1B	37.6B	33.5B	33.3B
Goodwill & intangibles	—	—	116M	5.3B	5.5B	5.5B	3.9B	6B	5.3B	5.3B
Total assets	21B	20.6B	20.7B	40B	41.4B	40.6B	38.5B	55.5B	56.3B	57.1B
Accounts payable	320M	375M	303M	539M	493M	518M	633M	960M	843M	816M
Short-term debt	566M	4M	653M	128M	657M	193M	96M	2B	1B	118M
Total current liabilities	1.8B	1.4B	1.8B	2.4B	3.4B	2.7B	2.9B	6B	7.5B	5.7B
Long-term debt	4B	4.1B	3.6B	6.8B	6B	6.1B	6B	7.4B	7.9B	5.5B
Total liabilities	9.2B	9.1B	9.2B	17.6B	17.5B	18.7B	18.9B	26.3B	26.2B	23.1B
Shareholders' equity	11.9B	11.5B	11.5B	22.4B	23.9B	21.9B	19.5B	29.2B	30.1B	34B
Total debt	4.6B	4.1B	4.3B	6.9B	6.7B	6.3B	6.1B	9.4B	9B	5.6B
Net debt	1.9B	806M	864M	4.7B	1.2B	1.3B	3.3B	6.4B	5.4B	-2.1B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	3.2B	3B	2.4B	2.7B	3.1B	3.6B	4.7B	6.7B	6B	8.2B	8.8B	9B
Receivables	78M	734M	782M	955M	974M	1.1B	887M	637M	1B	1.1B	1.1B	686M
Inventory	2B	2.6B	2.1B	2.1B	2.2B	2.2B	2.3B	2.3B	2.4B	2.7B	2.7B	2.8B
Total current assets	6B	7.5B	11.8B	12.1B	12.6B	12.3B	10.7B	10.4B	10.4B	13.1B	13.5B	13.3B
Property, plant & equipment	—	37.6B	—	—	—	33.5B	—	—	—	33.3B	—	—
Goodwill & intangibles	3.9B	6B	5.6B	5.6B	5.4B	5.3B	5.3B	5.3B	5.3B	5.3B	5.3B	5.3B
Total assets	38.1B	55.5B	55.3B	55.7B	56.2B	56.3B	55.5B	55.2B	54.7B	57.1B	57.7B	57.6B
Accounts payable	651M	960M	698M	683M	772M	843M	771M	742M	832M	816M	828M	906M
Short-term debt	94M	2B	99M	104M	112M	1B	109M	112M	116M	118M	116M	132M
Total current liabilities	2.8B	6B	5.5B	5.7B	6.4B	7.5B	5.4B	4.7B	5.1B	5.7B	5.5B	5.2B
Long-term debt	6B	7.4B	9.4B	9.1B	9B	7.9B	7.9B	7.5B	5.5B	5.5B	5.4B	5.5B
Total liabilities	18.8B	26.3B	26.3B	26.1B	26.3B	26.2B	24.1B	22.9B	21.3B	23.1B	22.6B	22.2B
Shareholders' equity	19.3B	29.2B	29.1B	29.6B	29.9B	30.1B	31.4B	32.3B	33.4B	34B	35.1B	35.4B
Total debt	6.1B	9.4B	9.5B	9.2B	9.1B	9B	8B	7.6B	5.7B	5.6B	5.5B	5.6B
Net debt	2.9B	6.4B	7.1B	6.6B	6.1B	5.4B	3.3B	1.4B	12M	-2.1B	-3.2B	-3.4B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	-943M	-109M	380M	2.9B	2.8B	233M	-369M	-2.5B	3.4B	7.2B
Depreciation & amortization	1.2B	1.3B	1.2B	2B	2.3B	2.3B	2.2B	2.1B	2.6B	2.5B
Stock-based compensation	70M	70M	76M	97M	72M	72M	73M	80M	89M	99M
Change in working capital	-552M	-250M	-553M	-254M	-227M	-130M	-385M	-694M	-1.3B	-1.6B
Operating cash flow	665M	2.1B	1.4B	5.5B	5.3B	4.2B	2.2B	429M	4.9B	10.3B
Capital expenditure	-1.1B	-866M	-1B	-1.4B	-146M	-1.6B	-2.1B	-2.7B	-2.8B	—
Investing cash flow	-28M	-946M	-1.2B	-1.2B	166M	-1.9B	-3B	-1B	-2.9B	830M
Dividends paid	-67M	-134M	-301M	-889M	-834M	-1.8B	-1.7B	-1.4B	-1.1B	-1.1B
Share repurchases	0	0	-98M	-479M	-521M	-525M	0	0	-1.2B	-2.3B
Financing cash flow	-1.5B	-668M	-455M	-2.8B	-1.7B	-3B	-2.4B	-1.6B	-3B	-7B
Net change in cash	-849M	441M	-237M	1.5B	3.8B	-672M	-3.2B	-2.2B	-907M	4.1B
Free cash flow	1.7B	1.3B	795M	1.4B	3.6B	2.6B	1.1B	97M	3B	7.3B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	163M	-3.1B	179M	857M	924M	1.4B	1.9B	2.1B	1.8B	1.3B	3.3B	2.3B
Depreciation & amortization	480M	681M	654M	602M	631M	689M	593M	620M	643M	665M	632M	604M
Stock-based compensation	16M	22M	—	23M	22M	23M	21M	27M	23M	28M	—	—
Change in working capital	159M	-587M	-434M	-401M	-316M	-195M	-120M	-150M	-676M	-670M	-284M	192M
Operating cash flow	990M	-1.9B	554M	1.8B	1.5B	1.9B	2.6B	2.9B	2.3B	3.6B	3.8B	2.9B
Capital expenditure	-604M	-920M	-850M	-800M	-1.1B	-315M	858M	317M	—	—	—	—
Investing cash flow	-253M	-249M	-798M	-618M	-715M	-701M	738M	692M	595M	6M	248M	-21M
Dividends paid	-318M	-461M	-288M	-289M	-286M	-282M	-282M	-279M	-273M	-272M	-282M	-277M
Share repurchases	0	—	—	-104M	-344M	-798M	-348M	-1B	-516M	-428M	-1.9B	-1.6B
Financing cash flow	-381M	-538M	-299M	-658M	-789M	-1.2B	-1.7B	-1.7B	-2.8B	-833M	-2.4B	-1.9B
Net change in cash	356M	-2.7B	-543M	520M	-36M	-30M	1.7B	1.9B	93M	2.8B	1.7B	959M
Free cash flow	399M	-304M	-74M	628M	771M	1.6B	1.2B	1.7B	1.6B	2.8B	3.1B	2.2B

Date	Ratio
Apr 22, 1994	5:4
Oct 9, 1987	3:2
Jun 11, 1987	2:1

Newmont Corporation Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history