NEMNYSEGold and Silver OresFiscal year ends December 31Also trades as NEMCL
NEWMONT Corp /DE/
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 23, 2026
$118.01−0.59 (-0.50%)
Close on Oct 19, 2026
- Market cap
- $125.92B
- P/E (TTM)
- 14.9
- Dividend yield
- 0.85%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
64.3%+7.9 pts over 5 years
Net margin
31.3%+6.6 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +21.3% | +23.9% | +14.5% | +14.1% | |
| Gross profit | +50.1% | +38.9% | +17.6% | – | |
| Net income | +111.6% | – | +20.2% | +41.5% | |
| EPS, diluted | +118.8% | – | +12.7% | +31.0% | |
| Free cash flow | +146.5% | +88.5% | +15.3% | +24.2% | |
| Dividend per share | 0.0% | -23.1% | -0.8% | +25.9% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -5.7% | 12.7% | 22.2% | |
| Return on assets | -2.7% | 7.0% | 12.5% | |
| Current ratio | 2.67 | 2.52 | 2.29 | |
| Debt to equity | 0.43 | 0.26 | 0.15 | |
| Capex to revenue | 17.0% | 11.3% | 13.4% | |
| Diluted shares | 532M | 806M | 1.11B |
Where the cash went
Fiscal 2021 to 2025, five years combined
Newmont generated $26.96B from operations and spent $24.13B on capital expenditure, dividends and share buybacks. 53% of that went back into the business.
Generated
$26.96B
Used
$24.13B
Capital expenditure$12.89B53%Dividends$7.17B30%Share buybacks$4.07B17%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin31.3%
×Asset turnover0.40×
×Equity multiplier1.78×
=Return on equity, FY202522.2%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 31.3% | 0.40× | 1.78× | 22.2% |
| FY2024 | 17.9% | 0.33× | 1.90× | 11.4% |
| FY2023 | -21.1% | 0.25× | 1.94× | -10.3% |
| FY2022 | -3.6% | 0.30× | 1.91× | -2.1% |
| FY2021 | 9.5% | 0.30× | 1.82× | 5.2% |
| FY2020 | 24.6% | 0.28× | 1.83× | 12.7% |
| FY2019 | 28.8% | 0.32× | 1.90× | 17.6% |
| FY2018 | 4.7% | 0.35× | 1.97× | 3.2% |
| FY2017 | -1.5% | 0.35× | 1.96× | -1.1% |
| FY2016 | -9.4% | 0.29× | 2.09× | -5.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
9of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$7.09B
- Cash generatingOperating cash flow above zero$10.33B
- Return on assets improvedROA up on the prior year6.0% → 12.6%
- Earnings backed by cashOperating cash flow above net income$10.33B vs $7.09B
- Less leverageLong-term debt to assets fell13.4% → 9.0%
- Better liquidityCurrent ratio rose1.63 → 2.29
- No dilutionShare count did not rise1.15B → 1.11B
- Gross margin improvedGross margin up on the prior year52.02% → 64.33%
- More efficientAsset turnover rose0.34 → 0.40