NEM · Newmont Corp /De/ - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $22.67B | $18.68B | $11.81B | $11.91B | $12.22B | $11.50B |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | $166.00M | $197.00M | $200.00M | $229.00M | $154.00M | $122.00M |
| SG&A | $382.00M | $442.00M | $299.00M | $276.00M | $259.00M | $269.00M |
| Total Operating Expenses | $11.71B | $14.15B | $13.51B | $11.71B | $10.96B | $8.69B |
| D&A | $2.52B | $2.58B | $2.11B | $2.19B | $2.32B | $2.30B |
| Operating Income | $11.34B | $4.58B | ($2.03B) | ($51.00M) | $1.11B | $3.14B |
| Interest Expense | - | - | - | - | - | - |
| Income Tax | $4.60B | $1.40B | $526.00M | $455.00M | $1.10B | $704.00M |
| Net Income | $7.08B | $3.35B | ($2.49B) | ($429.00M) | $1.17B | $2.83B |
| EPS - Basic | $6.41 | $2.92 | ($2.97) | ($0.54) | $1.46 | $3.52 |
| EPS - Diluted | $6.39 | $2.92 | ($2.97) | ($0.54) | $1.46 | $3.51 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $7.65B | $3.62B | $3.00B | $2.88B | $4.99B | $5.54B |
| Accounts Receivable | $1.07B | $1.06B | $734.00M | $366.00M | $337.00M | $449.00M |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | $816.00M | $843.00M | $960.00M | $633.00M | $518.00M | $493.00M |
| Current Assets | $13.07B | $12.28B | $7.51B | $6.51B | $7.70B | $8.51B |
| Total Assets | $57.12B | $56.35B | $55.51B | $38.48B | $40.56B | $41.37B |
| Current Liabilities | $5.71B | $7.54B | $6.00B | $2.93B | $2.65B | $3.37B |
| Long-term Debt | $5.12B | $7.55B | $6.95B | $5.57B | $5.57B | $5.48B |
| Total Liabilities | $23.08B | $26.24B | $26.30B | $18.95B | $18.70B | $17.49B |
| Stockholders' Equity | $33.87B | $29.93B | $29.03B | $19.35B | $22.02B | $23.01B |
| Retained Earnings | $3.43B | ($1.32B) | ($3.00B) | $916.00M | $3.10B | $4.00B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $10.33B | $6.36B | $2.76B | $3.22B | $4.28B | $4.88B |
| Investing Cash Flow | $606.00M | ($2.70B) | ($1.00B) | ($2.98B) | ($1.87B) | $91.00M |
| Financing Cash Flow | ($7.04B) | ($2.95B) | ($1.60B) | ($2.36B) | ($2.96B) | ($1.68B) |
| CapEx | $3.04B | $3.40B | $2.67B | $2.13B | $1.65B | $1.30B |
| Free Cash Flow | $7.30B | $2.96B | $97.00M | $1.09B | $2.63B | $3.58B |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 50.0% | 24.5% | -17.2% | -0.4% | 9.1% | 27.3% |
| EBITDA margin | 61.2% | 38.3% | 0.7% | 17.9% | 28.1% | 47.3% |
| Net margin | 31.3% | 17.9% | -21.1% | -3.6% | 9.5% | 24.6% |
| Free cash flow margin | 32.2% | 15.8% | 0.8% | 9.1% | 21.5% | 31.1% |
| FCF / Net income | 1.03 | 0.88 | -0.04 | -2.54 | 2.25 | 1.27 |
| R&D / Revenue | 0.7% | 1.1% | 1.7% | 1.9% | 1.3% | 1.1% |
| SG&A / Revenue | 1.7% | 2.4% | 2.5% | 2.3% | 2.1% | 2.3% |
| Effective tax rate | 39.3% | 29.4% | - | 1750.0% | 48.5% | 19.9% |
| Return on assets | 12.4% | 5.9% | -4.5% | -1.1% | 2.9% | 6.8% |
| Return on equity | 20.9% | 11.2% | -8.6% | -2.2% | 5.3% | 12.3% |
| Return on invested capital | 17.6% | 8.6% | -4.5% | -0.1% | 2.1% | 8.8% |
| Liquidity | ||||||
| Current ratio | 2.29 | 1.63 | 1.25 | 2.23 | 2.90 | 2.52 |
| Quick ratio | 2.29 | 1.63 | 1.25 | 2.23 | 2.90 | 2.52 |
| Cash ratio | 1.34 | 0.48 | 0.50 | 0.98 | 1.88 | 1.64 |
| Leverage | ||||||
| Debt / Equity | 0.15 | 0.25 | 0.24 | 0.29 | 0.25 | 0.24 |
| Debt / Assets | 0.09 | 0.13 | 0.13 | 0.14 | 0.14 | 0.13 |
| Debt / EBITDA | 0.37 | 1.06 | 90.27 | 2.61 | 1.62 | 1.01 |
| Interest coverage | - | - | - | - | - | - |
| Equity multiplier | 1.69 | 1.88 | 1.91 | 1.99 | 1.84 | 1.80 |
| Liabilities / Assets | 0.40 | 0.47 | 0.47 | 0.49 | 0.46 | 0.42 |
| Efficiency | ||||||
| Asset turnover | 0.40 | 0.33 | 0.21 | 0.31 | 0.30 | 0.28 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 17d | 21d | 23d | 11d | 10d | 14d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 15.6x | 12.7x | - | - | 42.5x | 17.1x |
| P / B | 3.3x | 1.4x | 1.2x | 1.9x | 2.3x | 2.1x |
| P / S | 4.9x | 2.3x | 2.9x | 3.1x | 4.1x | 4.2x |
| EV / EBITDA | 7.8x | 6.5x | 503.4x | 18.8x | 14.6x | 8.9x |
| Growth | ||||||
| Revenue growth (YoY) | 21.3% | 58.2% | -0.9% | -2.5% | 6.3% | 18.0% |
| Revenue CAGR (3y) | 23.9% | 15.2% | 0.9% | 6.9% | 22.3% | - |
| Revenue CAGR (5y) | 14.5% | 13.9% | 12.1% | - | 12.7% | 8.3% |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 147.8% | - | -3882.4% | - | -64.7% | -14.9% |
| Net income growth (YoY) | 111.6% | - | -481.4% | - | -58.8% | 0.9% |
| EPS growth (YoY) | 118.8% | - | -450.0% | - | -58.4% | -7.9% |
| EPS CAGR (3y) | - | 26.0% | - | - | 31.6% | - |
| EPS CAGR (5y) | 12.7% | -5.2% | - | - | - | 52.2% |
| FCF growth (YoY) | 146.5% | 2952.6% | -91.1% | -58.5% | -26.6% | 155.2% |
| FCF CAGR (5y) | 15.3% | 16.1% | -34.3% | -5.8% | 9.7% | 36.9% |
| Book value growth (YoY) | 13.2% | 3.1% | 50.0% | -12.1% | -4.3% | 7.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$24.93B totalNevada Gold Mines$3.56B · 14.3%
Penasquito$3.42B · 13.7%
Cadia$2.29B · 9.2%
Ahafo$2.27B · 9.1%
Ahafo South$2.27B · 9.1%
Boddington$2.25B · 9.0%
Lihir$1.98B · 8.0%
Yanacocha$1.80B · 7.2%
Tanami$1.35B · 5.4%
Merian Gold Project$846.00M · 3.4%
Brucejack$824.00M · 3.3%
Cerro Negro$691.00M · 2.8%
Red Chris$513.00M · 2.1%
Ahafo North$242.00M · 1.0%
Porcupine$177.00M · 0.7%
Eleonore$138.00M · 0.6%
Akyem$131.00M · 0.5%
Musselwhite$94.00M · 0.4%
Cripple Creek And Victor Mine$88.00M · 0.4%
Product / service
$7.55B totalGold Dore$1.98B · 26.3%
Gold$1.41B · 18.7%
Sales From Concentrate And Other Production$1.26B · 16.7%
Silver$1.08B · 14.3%
Copper$885.00M · 11.7%
Zinc$664.00M · 8.8%
Lead$183.00M · 2.4%
Silver Streaming Agreement$84.00M · 1.1%
Geographic
$22.67B totalGB$13.07B · 57.6%
KR$3.20B · 14.1%
JP$2.00B · 8.8%
CN$1.41B · 6.2%
Other Countries$1.38B · 6.1%
AU$803.00M · 3.5%
MX$639.00M · 2.8%
CH$89.00M · 0.4%
PH$82.00M · 0.4%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.77
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
8/9
Strong
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- -Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Gold and Silver Ores
Comparing NEWMONT Corp /DE/ against the 5 most active filers in the same SIC group.
Dividends
$1.02/share trailing 12 months · +2.0% YoY
| Ex-date | Per share |
|---|---|
| May 27, 2026 | $0.2600 |
| Mar 3, 2026 | $0.2600 |
| Nov 26, 2025 | $0.2500 |
| Sep 4, 2025 | $0.2500 |
| May 27, 2025 | $0.2500 |
| Mar 4, 2025 | $0.2500 |
| Nov 27, 2024 | $0.2500 |
| Sep 5, 2024 | $0.2500 |
| Jun 4, 2024 | $0.2500 |
| Mar 4, 2024 | $0.2500 |
| Nov 29, 2023 | $0.4000 |
| Sep 6, 2023 | $0.4000 |
| May 31, 2023 | $0.4000 |
| Mar 8, 2023 | $0.4000 |
| Dec 7, 2022 | $0.5500 |
| Sep 7, 2022 | $0.5500 |
| Jun 1, 2022 | $0.5500 |
| Mar 9, 2022 | $0.5500 |
| Dec 8, 2021 | $0.5500 |
| Sep 8, 2021 | $0.5500 |
| Jun 2, 2021 | $0.5500 |
| Mar 3, 2021 | $0.5500 |
| Dec 10, 2020 | $0.4000 |
| Sep 9, 2020 | $0.2500 |