Newmont (NEM) Financials

$52.67 +0.15 (+0.29%)

Closing price 05/30/2025 03:59 PM Eastern

Extended Trading

$52.58 -0.09 (-0.18%)

As of 05/30/2025 07:59 PM Eastern

Annual Income Statements for Newmont

This table shows Newmont's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	3,348	-2,494	-429	1,166	2,829	2,805	341	-114	-629	220
Consolidated Net Income / (Loss)	3,381	-2,467	-369	233	2,791	2,884	380	-109	-943	304
Net Income / (Loss) Continuing Operations	3,313	-2,494	-399	176	2,628	2,956	319	-71	-812	-141
Total Pre-Tax Income	4,577	-2,031	-51	1,108	3,143	3,693	738	1,072	-220	295
Total Operating Income	4,527	-1,700	203	1,257	2,806	1,277	790	1,259	-16	457
Total Gross Profit	9,719	5,113	5,447	6,787	6,483	4,545	3,160	2,946	2,625	2,507
Total Revenue	18,682	11,812	11,915	12,222	11,497	9,740	7,253	7,379	6,680	6,085
Operating Revenue	18,682	11,812	11,915	12,222	11,497	9,740	7,253	7,379	6,680	6,085
Total Cost of Revenue	8,963	6,699	6,468	5,435	5,014	5,195	4,093	4,433	4,055	3,578
Operating Cost of Revenue	8,963	6,699	6,468	5,435	5,014	5,195	4,093	4,433	4,055	3,578
Total Operating Expenses	5,192	6,813	5,244	5,530	3,677	3,268	2,370	1,687	2,641	2,050
Selling, General & Admin Expense	633	816	358	402	653	613	273	269	233	357
Research & Development Expense	197	200	229	154	122	150	153	143	134	126
Exploration Expense	266	265	231	209	187	265	197	-	-	156
Depreciation Expense	2,576	2,108	2,185	2,323	2,300	1,960	1,215	1,261	1,213	1,102
Other Operating Expenses / (Income)	1,442	1,533	921	2,417	366	280	163	-	-	253
Impairment Charge	78	1,891	1,320	25	49	0.00	369	14	1,003	56
Total Other Income / (Expense), net	50	-331	-254	-149	337	2,416	-52	-187	-204	-162
Interest & Investment Income	-375	-243	-227	-	-308	2,089	-207	-241	-273	-297
Other Income / (Expense), net	425	-88	-27	125	645	327	155	54	69	135
Income Tax Expense	1,397	526	455	1,098	704	832	386	1,127	579	391
Other Gains / (Losses), net	133	63	107	166	189	95	-33	-16	-13	-45
Net Income / (Loss) Discontinued Operations	68	27	30	57	163	-72	61	-38	-131	445
Net Income / (Loss) Attributable to Noncontrolling Interest	33	27	60	-933	-38	79	39	5.00	-314	84
Basic Earnings per Share	$2.92	($2.97)	($0.54)	$1.46	$3.52	$3.82	$0.64	($0.21)	($1.19)	$0.43
Weighted Average Basic Shares Outstanding	1.15B	841M	794M	799M	804M	735M	532.67M	533.47M	530M	516M
Diluted Earnings per Share	$2.92	($2.97)	($0.54)	$1.46	$3.51	$3.81	$0.64	($0.21)	($1.18)	$0.43
Weighted Average Diluted Shares Outstanding	1.15B	841M	795M	801M	806M	737M	532.67M	533.47M	530M	516M
Weighted Average Basic & Diluted Shares Outstanding	1.13B	1.15B	793.79M	792.50M	800.31M	807.58M	532.67M	533.47M	530M	516M
Cash Dividends to Common per Share	$1.00	$1.60	$2.20	$2.20	$1.04	$1.44	$0.56	$0.25	$0.13	$0.10

This table shows Newmont's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	1,891	1,403	922	853	170	-3,158	158	155	351	-1,477	213
Consolidated Net Income / (Loss)	1,902	1,421	924	857	179	-3,148	163	155	363	-1,458	220
Net Income / (Loss) Continuing Operations	1,902	1,421	875	842	175	-3,160	162	153	351	-1,469	225
Total Pre-Tax Income	2,471	2,054	1,059	1,036	428	-3,102	232	300	539	-1,383	296
Total Operating Income	2,249	1,960	1,128	1,039	400	-2,809	238	366	505	-1,431	295
Total Gross Profit	2,904	3,261	2,295	2,246	1,917	1,654	1,122	1,140	1,197	1,420	1,089
Total Revenue	5,010	5,652	4,605	4,402	4,023	3,957	2,493	2,683	2,679	3,200	2,634
Operating Revenue	5,010	5,652	4,605	4,402	4,023	3,957	2,493	2,683	2,679	3,200	2,634
Total Cost of Revenue	2,106	2,391	2,310	2,156	2,106	2,303	1,371	1,543	1,482	1,780	1,545
Operating Cost of Revenue	2,106	2,391	2,310	2,156	2,106	2,303	1,371	1,543	1,482	1,780	1,545
Total Operating Expenses	655	1,301	1,167	1,207	1,517	4,463	884	774	692	2,851	794
Selling, General & Admin Expense	153	132	168	159	174	515	107	112	82	115	84
Research & Development Expense	43	48	47	49	53	68	53	44	35	60	80
Exploration Expense	49	82	74	57	53	73	78	66	48	62	69
Depreciation Expense	593	689	631	602	654	681	480	486	461	571	508
Other Operating Expenses / (Income)	93	272	247	340	583	1,235	166	66	66	758	53
Other Special Charges / (Income)	-276	-	-	-	-	-	-	-	-	-	-
Total Other Income / (Expense), net	222	94	-69	-3.00	28	-293	-6.00	-66	34	48	1.00
Interest & Investment Income	-79	-93	-86	-103	-93	-81	-48	-49	-65	-	-
Other Income / (Expense), net	301	187	17	100	121	-212	42	-17	99	101	56
Income Tax Expense	647	702	244	191	260	77	73	163	213	112	96
Other Gains / (Losses), net	78	69	60	-3.00	7.00	19	3.00	16	25	26	25
Net Income / (Loss) Discontinued Operations	0.00	-	49	15	4.00	12	1.00	2.00	12	11	-5.00
Net Income / (Loss) Attributable to Noncontrolling Interest	11	18	2.00	4.00	9.00	10	5.00	0.00	12	19	7.00
Basic Earnings per Share	$1.68	$1.23	$0.80	$0.74	$0.15	($3.80)	$0.20	$0.19	$0.44	($1.86)	$0.27
Weighted Average Basic Shares Outstanding	1.13B	1.15B	1.15B	1.15B	1.15B	841M	795M	795M	794M	794M	794M
Diluted Earnings per Share	$1.68	$1.23	$0.80	$0.74	$0.15	($3.80)	$0.20	$0.19	$0.44	($1.86)	$0.27
Weighted Average Diluted Shares Outstanding	1.13B	1.15B	1.15B	1.16B	1.15B	841M	796M	795M	795M	795M	795M
Weighted Average Basic & Diluted Shares Outstanding	1.11B	1.13B	1.14B	1.15B	1.15B	1.15B	794.80M	794.73M	794.71M	793.79M	793.74M
Cash Dividends to Common per Share	$0.25	-	$0.25	$0.25	$0.25	-	$0.40	$0.40	$0.40	-	$0.55

This table details how cash moves in and out of Newmont's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	550	156	-2,149	-555	3,299	-1,140	195	510	897	382
Net Cash From Operating Activities	6,363	2,763	3,220	4,279	4,882	2,866	1,827	2,124	2,786	2,145
Net Cash From Continuing Operating Activities	6,318	2,754	3,198	4,266	4,890	2,876	1,837	2,139	1,917	1,588
Net Income / (Loss) Continuing Operations	3,313	-2,494	-399	176	2,628	2,956	319	-71	-812	-141
Consolidated Net Income / (Loss)	3,381	-2,467	-369	233	2,791	2,884	380	-109	-943	304
Net Income / (Loss) Discontinued Operations	68	27	30	57	163	-72	61	-38	-131	445
Depreciation Expense	2,576	2,108	2,185	2,323	2,300	1,960	1,215	1,261	1,213	1,102
Non-Cash Adjustments To Reconcile Net Income	1,374	3,757	2,531	2,417	-111	-2,065	896	544	1,559	635
Changes in Operating Assets and Liabilities, net	-945	-617	-1,119	-650	73	25	-593	405	-43	-8.00
Net Cash From Discontinued Operating Activities	45	9.00	22	13	-8.00	-10	-10	-15	869	557
Net Cash From Investing Activities	-2,702	-1,002	-2,983	-1,868	91	-1,226	-1,177	-946	-74	-2,041
Net Cash From Continuing Investing Activities	-2,855	-1,002	-2,983	-1,868	166	-1,226	-1,177	-946	-28	-1,951
Purchase of Property, Plant & Equipment	-3,402	-2,666	-2,131	-1,653	-1,302	-1,463	-1,032	-866	-1,133	-1,311
Acquisitions	-96	560	-209	-478	-60	99	-140	-	0.00	-823
Purchase of Investments	-66	-551	-940	-59	-37	-112	-39	-130	-15	-17
Sale of Property, Plant & Equipment	560	0.00	16	84	1,156	30	24	5.00	9.00	203
Sale and/or Maturity of Investments	105	1,633	326	212	365	199	18	35	195	29
Other Investing Activities, net	44	22	-45	26	44	21	-8.00	10	-4.00	-32
Net Cash From Discontinued Investing Activities	153	0.00	0.00	-	-75	0.00	0.00	-	-46	-90
Net Cash From Financing Activities	-2,953	-1,603	-2,356	-2,958	-1,680	-2,777	-455	-668	-1,817	302
Net Cash From Continuing Financing Activities	-2,953	-1,603	-2,356	-2,958	-1,680	-2,777	-455	-668	-1,486	527
Repayment of Debt	-3,891	-84	-83	-1,437	-1,111	-1,901	0.00	-388	-1,312	-231
Repurchase of Common Equity	-1,246	0.00	0.00	-525	-521	-479	-98	-	0.00	-
Payment of Dividends	-1,306	-1,565	-1,937	-1,957	-1,031	-1,075	-461	-360	-235	-63
Issuance of Debt	3,476	0.00	0.00	992	985	690	0.00	-	-	-
Issuance of Common Equity	115	138	117	100	112	93	148	94	66	821
Other Financing Activities, net	-101	-92	-453	-131	-114	-105	-44	-14	-5.00	0.00
Other Net Changes in Cash	-138	-	-	-	-	-	-	-	2.00	-24
Cash Interest Paid	317	228	172	229	261	273	-	-	-	-
Cash Income Taxes Paid	966	794	1,122	1,534	400	437	-	-	-	-

This table details how cash moves in and out of Newmont's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	1,080	600	156	118	-324	-164	364	175	-219	-196	-1,230
Net Cash From Operating Activities	2,031	2,511	1,648	1,428	776	616	1,003	663	481	1,010	473
Net Cash From Continuing Operating Activities	2,031	2,511	1,637	1,394	776	616	1,001	656	481	1,010	466
Net Income / (Loss) Continuing Operations	1,902	1,421	875	842	175	-3,160	162	153	351	-1,469	225
Consolidated Net Income / (Loss)	1,902	1,421	924	857	179	-3,148	163	155	363	-1,458	220
Net Income / (Loss) Discontinued Operations	0.00	-	49	15	4.00	12	1.00	2.00	12	11	-5.00
Depreciation Expense	593	689	631	602	654	681	480	486	461	571	508
Non-Cash Adjustments To Reconcile Net Income	-448	173	333	308	560	3,367	256	118	16	2,070	77
Changes in Operating Assets and Liabilities, net	-16	228	-202	-358	-613	-272	103	-101	-347	-162	-344
Net Cash From Investing Activities	738	-701	-562	-641	-798	-249	-253	-158	-342	-726	-1,223
Net Cash From Continuing Investing Activities	738	-701	-715	-641	-798	-249	-253	-158	-342	-726	-1,223
Purchase of Property, Plant & Equipment	-826	-875	-877	-800	-850	-920	-604	-616	-526	-646	-529
Acquisitions	-31	-61	-15	-5.00	-15	650	-26	-23	-41	-57	-61
Sale of Property, Plant & Equipment	1,684	-	-	-	-	-	-	-	-	-	-
Sale and/or Maturity of Investments	27	-323	135	233	60	29	379	487	738	217	29
Other Investing Activities, net	-116	2.00	-2.00	14	30	-2.00	1.00	11	12	19	-5.00
Net Cash From Financing Activities	-1,662	-1,207	-789	-658	-299	-538	-381	-334	-350	-479	-460
Net Cash From Continuing Financing Activities	-1,662	-1,207	-789	-658	-299	-538	-381	-334	-350	-479	-460
Repayment of Debt	-989	-80	-133	-238	-3,440	-45	-36	-2.00	-1.00	-3.00	-1.00
Repurchase of Common Equity	-348	-798	-344	-	-	-	-	-	-	-	-
Payment of Dividends	-326	-330	-322	-325	-329	-504	-359	-350	-352	-487	-474
Issuance of Debt	0.00	-	-	-	3,476	-	-	-	0.00	-	-
Issuance of Common Equity	39	28	34	31	22	31	32	34	41	28	33
Other Financing Activities, net	-38	-27	-24	-22	-28	-20	-18	-16	-38	-17	-18
Other Net Changes in Cash	-22	2.00	-	-	-	-	-	-	-8.00	-	-

This table presents Newmont's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Total Assets	56,349	55,506	38,482	40,564	41,369	39,974	20,715	20,646	21,031	25,130
Total Current Assets	12,275	7,512	6,515	7,696	8,505	6,272	5,277	5,066	4,677	4,983
Cash & Equivalents	3,619	3,002	2,877	4,992	5,540	2,243	3,397	3,259	2,756	2,363
Short-Term Investments	21	23	880	82	290	237	48	62	56	19
Accounts Receivable	1,056	734	690	337	449	373	254	237	343	215
Inventories, net	2,184	2,642	1,753	1,787	1,790	1,826	1,327	1,355	1,380	1,343
Other Current Assets	786	1,111	303	498	436	570	251	153	142	83
Other Current Nonoperating Assets	4,609	0.00	-	-	-	1,023	-	-	-	960
Plant, Property, & Equipment, net	0.00	0.00	0.00	0.00	0.00	0.00	12,258	12,338	12,485	13,210
Total Noncurrent Assets	44,074	47,994	31,771	32,868	32,864	33,702	3,180	3,242	3,869	6,937
Long-Term Investments	4,471	4,143	3,278	3,243	3,197	3,199	271	280	207	402
Goodwill	2,658	3,001	1,971	2,771	2,771	2,674	58	-	-	-
Noncurrent Deferred & Refundable Income Taxes	124	268	173	269	337	549	401	549	1,331	1,712
Other Noncurrent Operating Assets	36,821	40,582	26,349	26,585	26,559	27,280	2,450	2,413	2,331	2,341
Total Liabilities & Shareholders' Equity	56,349	55,506	38,482	40,564	41,369	39,974	20,715	20,646	21,031	25,130
Total Liabilities	26,240	26,301	18,949	18,703	17,490	17,557	9,203	9,127	9,157	10,838
Total Current Liabilities	7,543	5,998	2,926	2,654	3,369	2,385	1,787	1,398	1,750	1,416
Short-Term Debt	924	1,923	0.00	87	551	0.00	653	4.00	566	9.00
Accounts Payable	843	960	633	518	493	539	303	375	320	315
Current Deferred & Payable Income Tax Liabilities	381	88	199	384	657	162	71	248	153	38
Current Employee Benefit Liabilities	630	551	399	386	380	361	305	309	304	278
Other Current Liabilities	2,588	2,476	1,695	1,279	1,288	980	455	462	407	487
Other Current Nonoperating Liabilities	2,177	0.00	-	-	-	343	-	-	-	289
Total Noncurrent Liabilities	18,697	20,303	16,023	16,049	14,121	15,172	7,416	7,729	7,407	9,422
Long-Term Debt	7,552	6,951	5,571	5,565	5,480	6,138	3,418	4,040	4,049	5,854
Capital Lease Obligations	389	448	465	544	565	596	190	21	-	-
Asset Retirement Reserve & Litigation Obligation	6,394	8,167	6,578	-	3,818	3,464	2,481	2,345	2,029	1,555
Noncurrent Deferred & Payable Income Tax Liabilities	2,820	2,987	1,809	2,144	2,073	2,407	612	595	592	538
Noncurrent Employee Benefit Liabilities	555	655	342	439	493	448	401	386	411	409
Other Noncurrent Operating Liabilities	987	1,095	1,258	7,357	1,692	2,119	314	342	326	310
Commitments & Contingencies	0.00	0.00	0.00	-	-	-	-	-	-	-
Total Equity & Noncontrolling Interests	30,109	29,205	19,533	21,813	23,845	22,370	11,465	11,519	11,874	14,292
Total Preferred & Common Equity	29,928	29,027	19,354	22,022	23,008	21,420	10,502	10,535	10,721	11,350
Total Common Equity	29,928	29,027	19,354	22,022	23,008	21,420	10,502	10,535	10,721	11,350
Common Stock	31,621	32,273	18,648	19,257	19,390	19,514	10,473	10,447	10,339	10,274
Retained Earnings	-1,320	-2,996	916	3,098	4,002	2,291	383	410	716	1,410
Treasury Stock	-278	-264	-239	-200	-168	-120	-70	-30	-	-
Accumulated Other Comprehensive Income / (Loss)	-95	14	29	-133	-216	-265	-284	-292	-334	-334
Noncontrolling Interest	181	178	179	-209	837	950	963	984	1,153	2,942

This table presents Newmont's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Total Assets	55,519	56,349	56,175	55,678	55,335	55,506	38,084	38,133	38,374	38,482	39,143
Total Current Assets	10,740	12,275	12,577	12,070	11,806	7,512	5,955	6,134	6,559	6,515	6,320
Cash & Equivalents	4,698	3,619	3,016	2,602	2,336	3,002	3,190	2,829	2,657	2,877	3,058
Short-Term Investments	18	21	43	50	23	23	24	409	847	880	755
Accounts Receivable	887	1,056	974	955	782	734	78	185	348	690	289
Inventories, net	2,285	2,184	2,175	2,148	2,130	2,642	1,956	1,969	1,972	1,753	1,694
Other Current Assets	653	786	795	945	879	1,111	707	742	735	303	524
Other Current Nonoperating Assets	2,199	4,609	5,574	5,370	5,656	0.00	-	-	-	-	-
Plant, Property, & Equipment, net	33,568	0.00	33,697	33,655	33,564	0.00	24,474	24,284	24,097	0.00	24,150
Total Noncurrent Assets	11,211	44,074	9,901	9,953	9,553	47,994	7,655	7,715	7,718	31,771	8,673
Long-Term Investments	4,856	4,471	4,150	4,141	4,138	4,143	3,133	3,172	3,216	3,278	3,198
Goodwill	2,658	2,658	2,721	2,792	2,792	3,001	1,971	1,971	1,971	1,971	2,771
Noncurrent Deferred & Refundable Income Taxes	59	124	229	273	210	268	138	166	170	173	208
Other Noncurrent Operating Assets	3,638	36,821	2,801	2,747	2,413	40,582	2,413	2,406	2,361	26,349	2,496
Total Liabilities & Shareholders' Equity	55,519	56,349	56,175	55,678	55,335	55,506	38,084	38,133	38,374	38,482	39,143
Total Liabilities	24,088	26,240	26,279	26,115	26,260	26,301	18,824	18,718	18,815	18,949	17,743
Total Current Liabilities	5,426	7,543	6,408	5,732	5,482	5,998	2,808	2,693	2,752	2,926	2,324
Short-Term Debt	0.00	924	0.00	0.00	0.00	1,923	-	-	-	0.00	0.00
Accounts Payable	771	843	772	683	698	960	651	565	648	633	570
Current Deferred & Payable Income Tax Liabilities	378	381	317	264	136	88	143	155	213	199	174
Current Employee Benefit Liabilities	502	630	542	457	414	551	345	313	302	399	337
Other Current Liabilities	2,466	2,588	2,193	1,923	1,883	2,476	1,669	1,660	1,589	1,695	1,243
Other Current Nonoperating Liabilities	1,309	2,177	2,584	2,405	2,351	0.00	-	-	-	-	-
Total Noncurrent Liabilities	18,662	18,697	19,871	20,383	20,778	20,303	16,016	16,025	16,063	16,023	15,419
Long-Term Debt	7,507	7,552	8,550	8,692	8,933	6,951	5,575	5,574	5,572	5,571	5,569
Capital Lease Obligations	370	389	437	-	436	448	418	441	451	465	464
Asset Retirement Reserve & Litigation Obligation	6,376	6,394	6,410	6,620	6,652	8,167	6,714	6,604	6,603	6,578	5,825
Noncurrent Deferred & Payable Income Tax Liabilities	2,733	2,820	2,883	3,046	3,094	2,987	1,696	1,795	1,800	1,809	1,864
Noncurrent Employee Benefit Liabilities	575	555	632	616	610	655	397	399	395	342	364
Other Noncurrent Operating Liabilities	1,101	987	959	1,409	1,053	1,095	1,216	1,212	1,242	1,258	1,333
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	31,431	30,109	29,896	29,563	29,075	29,205	19,260	19,415	19,559	19,533	21,400
Total Preferred & Common Equity	31,248	29,928	29,712	29,379	28,890	29,027	19,074	19,225	19,377	19,354	21,219
Total Common Equity	31,248	29,928	29,712	29,379	28,890	29,027	19,074	19,225	19,377	19,354	21,219
Common Stock	31,427	31,621	32,068	32,245	32,291	32,273	18,706	18,688	18,667	18,648	18,633
Retained Earnings	153	-1,320	-2,101	-2,585	-3,111	-2,996	623	785	948	916	2,831
Treasury Stock	-293	-278	-276	-274	-274	-264	-263	-261	-261	-239	-238
Accumulated Other Comprehensive Income / (Loss)	-39	-95	21	-7.00	-16	14	8.00	13	23	29	-7.00
Noncontrolling Interest	183	181	184	184	185	178	186	190	182	179	181

This table displays calculated financial ratios and metrics derived from Newmont's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	58.16%	-0.86%	-2.51%	6.31%	18.04%	34.29%	-1.71%	10.46%	9.78%	-10.76%
EBITDA Growth	2,252.50%	-86.45%	-36.28%	-35.58%	61.36%	65.00%	-16.08%	103.32%	-25.27%	-24.34%
EBIT Growth	376.96%	-1,115.91%	-87.26%	-59.95%	115.15%	69.74%	-28.03%	2,377.36%	-91.05%	-48.57%
NOPAT Growth	364.31%	-937.44%	1,152.56%	-99.48%	120.10%	162.55%	683.34%	-476.73%	92.47%	-119.93%
Net Income Growth	237.05%	-568.56%	-258.37%	-91.65%	-3.22%	658.95%	448.62%	88.44%	-410.20%	-7.60%
EPS Growth	198.32%	-450.00%	-136.99%	-58.40%	-7.87%	495.31%	404.76%	82.20%	-374.42%	-57.84%
Operating Cash Flow Growth	130.29%	-14.19%	-24.75%	-12.35%	70.34%	56.87%	-13.98%	-23.76%	29.88%	49.17%
Free Cash Flow Firm Growth	142.70%	-1,014.02%	-9.49%	-51.18%	136.13%	-3,318.50%	-78.71%	-4.72%	-17.17%	28.89%
Invested Capital Growth	-9.34%	71.12%	-7.16%	-7.96%	-5.90%	89.04%	0.62%	-11.04%	-10.04%	-11.53%
Revenue Q/Q Growth	9.98%	6.85%	-1.57%	0.07%	3.74%	10.42%	1.58%	2.46%	19.99%	-12.87%
EBITDA Q/Q Growth	220.07%	-83.17%	-28.84%	-27.76%	6.07%	21.27%	-32.22%	582.76%	-13.88%	-38.91%
EBIT Q/Q Growth	2,392.59%	-1,743.30%	-83.47%	-51.17%	10.47%	27.71%	-52.39%	248.87%	-80.22%	-67.38%
NOPAT Q/Q Growth	1,956.71%	-427.95%	-36.10%	-99.12%	-8.84%	22.64%	186.90%	89.63%	99.90%	-115.38%
Net Income Q/Q Growth	384.60%	-217.50%	-213.54%	-86.77%	7.84%	23.35%	350.00%	73.99%	-98.95%	-57.95%
EPS Q/Q Growth	238.39%	-188.35%	-142.52%	-42.29%	-0.28%	36.56%	268.42%	-240.00%	-14.56%	-55.21%
Operating Cash Flow Q/Q Growth	42.41%	-12.48%	-8.24%	-8.29%	10.93%	19.37%	-0.27%	5.88%	14.60%	-11.80%
Free Cash Flow Firm Q/Q Growth	161.05%	-1,202.05%	158.33%	-31.73%	-13.00%	7.38%	96.09%	43.68%	117.97%	63.42%
Invested Capital Q/Q Growth	-0.88%	65.87%	-10.26%	-5.11%	-2.62%	-3.77%	-2.42%	-7.42%	-7.47%	-14.69%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	52.02%	43.29%	45.72%	55.53%	56.39%	46.66%	43.57%	39.92%	39.30%	41.20%
EBITDA Margin	40.30%	2.71%	19.82%	30.31%	50.02%	36.59%	29.78%	34.88%	18.95%	27.84%
Operating Margin	24.23%	-14.39%	1.70%	10.28%	24.41%	13.11%	10.89%	17.06%	-0.24%	7.51%
EBIT Margin	26.51%	-15.14%	1.48%	11.31%	30.02%	16.47%	13.03%	17.79%	0.79%	9.73%
Profit (Net Income) Margin	18.10%	-20.89%	-3.10%	1.91%	24.28%	29.61%	5.24%	-1.48%	-14.12%	5.00%
Tax Burden Percent	73.87%	121.47%	723.53%	21.03%	88.80%	78.09%	51.49%	-10.17%	428.64%	103.05%
Interest Burden Percent	92.43%	113.59%	-28.98%	80.17%	91.08%	230.24%	78.10%	81.65%	-415.09%	49.83%
Effective Tax Rate	30.52%	0.00%	0.00%	99.10%	22.40%	22.53%	52.30%	105.13%	0.00%	132.54%
Return on Invested Capital (ROIC)	10.52%	-4.79%	0.75%	0.06%	9.84%	5.68%	3.13%	-0.51%	-0.08%	-0.93%
ROIC Less NNEP Spread (ROIC-NNEP)	109.57%	-274.48%	31.46%	-9.68%	-49.84%	417.57%	3.77%	-4.82%	-81.89%	19.11%
Return on Net Nonoperating Assets (RNNOA)	0.88%	-5.33%	-2.53%	0.96%	2.21%	11.32%	0.17%	-0.42%	-7.13%	3.15%
Return on Equity (ROE)	11.40%	-10.12%	-1.78%	1.02%	12.06%	17.00%	3.30%	-0.93%	-7.21%	2.22%
Cash Return on Invested Capital (CROIC)	20.32%	-57.25%	8.18%	8.35%	15.92%	-55.93%	2.52%	11.18%	10.50%	11.30%
Operating Return on Assets (OROA)	8.85%	-3.80%	0.45%	3.37%	8.49%	5.29%	4.57%	6.30%	0.23%	2.37%
Return on Assets (ROA)	6.05%	-5.25%	-0.93%	0.57%	6.86%	9.50%	1.84%	-0.52%	-4.09%	1.21%
Return on Common Equity (ROCE)	11.33%	-10.05%	-1.78%	1.00%	11.57%	15.99%	3.01%	-0.85%	-6.08%	1.75%
Return on Equity Simple (ROE_SIMPLE)	11.30%	-8.50%	-1.91%	1.06%	12.13%	13.46%	3.62%	-1.03%	-8.80%	2.68%
Net Operating Profit after Tax (NOPAT)	3,145	-1,190	142	11	2,177	989	377	-65	-11	-149
NOPAT Margin	16.84%	-10.07%	1.19%	0.09%	18.94%	10.16%	5.20%	-0.88%	-0.17%	-2.44%
Net Nonoperating Expense Percent (NNEP)	-99.05%	269.69%	-30.72%	9.74%	59.68%	-411.89%	-0.63%	4.31%	81.81%	-20.04%
Return On Investment Capital (ROIC_SIMPLE)	8.07%	-3.09%	0.56%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	47.98%	56.71%	54.28%	44.47%	43.61%	53.34%	56.43%	60.08%	60.70%	58.80%
SG&A Expenses to Revenue	3.39%	6.91%	3.00%	3.29%	5.68%	6.29%	3.76%	3.65%	3.49%	5.87%
R&D to Revenue	1.05%	1.69%	1.92%	1.26%	1.06%	1.54%	2.11%	1.94%	2.01%	2.07%
Operating Expenses to Revenue	27.79%	57.68%	44.01%	45.25%	31.98%	33.55%	32.68%	22.86%	39.54%	33.69%
Earnings before Interest and Taxes (EBIT)	4,952	-1,788	176	1,382	3,451	1,604	945	1,313	53	592
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	7,528	320	2,361	3,705	5,751	3,564	2,160	2,574	1,266	1,694
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.42	1.11	1.82	2.04	1.84	1.43	1.46	1.55	1.37	0.68
Price to Tangible Book Value (P/TBV)	1.55	1.23	2.02	2.34	2.09	1.64	1.46	1.55	1.37	0.68
Price to Revenue (P/Rev)	2.27	2.72	2.95	3.68	3.67	3.15	2.11	2.21	2.19	1.26
Price to Earnings (P/E)	12.66	0.00	0.00	38.62	14.93	10.95	44.85	0.00	0.00	34.90
Dividend Yield	2.69%	5.32%	4.97%	3.90%	1.98%	3.84%	1.95%	0.82%	0.45%	0.69%
Earnings Yield	7.90%	0.00%	0.00%	2.59%	6.70%	9.13%	2.23%	0.00%	0.00%	2.87%
Enterprise Value to Invested Capital (EV/IC)	1.52	1.10	1.87	2.17	1.90	1.44	1.40	1.48	1.29	0.91
Enterprise Value to Revenue (EV/Rev)	2.32	2.91	2.88	3.50	3.54	3.37	2.32	2.41	2.60	2.25
Enterprise Value to EBITDA (EV/EBITDA)	5.75	107.59	14.53	11.54	7.07	9.20	7.80	6.90	13.74	8.09
Enterprise Value to EBIT (EV/EBIT)	8.75	0.00	194.95	30.93	11.79	20.44	17.83	13.53	328.13	23.14
Enterprise Value to NOPAT (EV/NOPAT)	13.77	0.00	241.46	3,768.07	18.68	33.13	44.72	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	6.81	12.46	10.66	9.99	8.33	11.44	9.22	8.36	6.24	6.39
Enterprise Value to Free Cash Flow (EV/FCFF)	7.13	0.00	22.05	24.86	11.55	0.00	55.65	12.49	11.65	7.60
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.29	0.32	0.31	0.28	0.28	0.30	0.37	0.35	0.39	0.41
Long-Term Debt to Equity	0.26	0.25	0.31	0.28	0.25	0.30	0.31	0.35	0.34	0.41
Financial Leverage	0.01	0.02	-0.08	-0.10	-0.04	0.03	0.04	0.09	0.09	0.17
Leverage Ratio	1.89	1.93	1.91	1.79	1.76	1.79	1.80	1.78	1.76	1.83
Compound Leverage Factor	1.74	2.19	-0.55	1.44	1.60	4.12	1.40	1.45	-7.32	0.91
Debt to Total Capital	22.75%	24.20%	23.61%	22.08%	21.64%	23.10%	27.01%	26.08%	27.99%	29.09%
Short-Term Debt to Total Capital	2.37%	4.99%	0.00%	0.31%	1.81%	0.00%	4.14%	0.03%	3.43%	0.04%
Long-Term Debt to Total Capital	20.38%	19.20%	23.61%	21.77%	19.84%	23.10%	22.87%	26.06%	24.56%	29.04%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.46%	0.46%	0.70%	-0.57%	2.86%	3.42%	6.40%	6.31%	6.99%	14.60%
Common Equity to Total Capital	76.79%	75.34%	75.69%	78.49%	75.50%	73.48%	66.58%	67.60%	65.02%	56.31%
Debt to EBITDA	1.18	29.13	2.56	1.67	1.15	1.89	1.97	1.58	3.65	3.46
Net Debt to EBITDA	0.10	6.73	-0.42	-0.57	-0.42	0.30	0.25	0.18	1.26	1.82
Long-Term Debt to EBITDA	1.05	23.12	2.56	1.65	1.05	1.89	1.67	1.58	3.20	3.46
Debt to NOPAT	2.82	-7.83	42.48	546.16	3.03	6.81	11.31	-62.93	-412.05	-39.42
Net Debt to NOPAT	0.24	-1.81	-7.03	-186.96	-1.12	1.07	1.45	-7.18	-142.50	-20.70
Long-Term Debt to NOPAT	2.52	-6.22	42.48	538.49	2.78	6.81	9.58	-62.87	-361.52	-39.36
Altman Z-Score	1.66	0.80	1.58	2.11	2.29	1.62	1.73	1.88	1.50	0.99
Noncontrolling Interest Sharing Ratio	0.61%	0.73%	0.04%	1.55%	4.03%	5.92%	8.66%	9.14%	15.65%	21.03%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.63	1.25	2.23	2.90	2.52	2.63	2.95	3.62	2.67	3.52
Quick Ratio	0.62	0.63	1.52	2.04	1.86	1.20	2.07	2.55	1.80	1.83
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	6,073	-14,223	1,556	1,719	3,521	-9,746	303	1,422	1,493	1,802
Operating Cash Flow to CapEx	223.89%	103.64%	152.25%	272.72%	3,343.84%	200.00%	181.25%	246.69%	247.86%	193.59%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	6.28	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	15.62	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	9.89	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.33	0.25	0.30	0.30	0.28	0.32	0.35	0.35	0.29	0.24
Accounts Receivable Turnover	20.87	16.59	23.20	31.10	27.97	31.07	29.54	25.44	23.94	17.61
Inventory Turnover	3.71	3.05	3.65	3.04	2.77	3.30	3.05	3.24	2.98	2.64
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.59	0.59	0.52	0.45
Accounts Payable Turnover	9.94	8.41	11.24	10.75	9.72	12.34	12.07	12.76	12.77	9.93
Days Sales Outstanding (DSO)	17.49	22.00	15.73	11.74	13.05	11.75	12.35	14.34	15.24	20.72
Days Inventory Outstanding (DIO)	98.26	119.73	99.88	120.11	131.62	110.76	119.59	112.60	122.55	138.18
Days Payable Outstanding (DPO)	36.71	43.40	32.48	33.95	37.56	29.58	30.23	28.61	28.58	36.78
Cash Conversion Cycle (CCC)	79.04	98.34	83.14	97.90	107.10	92.93	101.71	98.33	109.22	122.12
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	28,431	31,359	18,326	19,740	21,448	22,792	12,057	11,983	13,470	14,974
Invested Capital Turnover	0.62	0.48	0.63	0.59	0.52	0.56	0.60	0.58	0.47	0.38
Increase / (Decrease) in Invested Capital	-2,928	13,033	-1,414	-1,708	-1,344	10,735	74	-1,487	-1,504	-1,951
Enterprise Value (EV)	43,308	34,428	34,311	42,748	40,677	32,778	16,850	17,766	17,391	13,700
Market Capitalization	42,373	32,096	35,131	45,030	42,237	30,726	15,295	16,318	14,642	7,679
Book Value per Share	$26.29	$36.52	$24.38	$27.62	$28.64	$26.13	$19.72	$19.75	$20.20	$21.45
Tangible Book Value per Share	$23.95	$32.75	$21.90	$24.14	$25.19	$22.87	$19.61	$19.75	$20.20	$21.45
Total Capital	38,974	38,527	25,569	28,057	30,475	29,151	15,773	15,584	16,489	20,155
Total Debt	8,865	9,322	6,036	6,196	6,596	6,734	4,261	4,065	4,615	5,863
Total Long-Term Debt	7,941	7,399	6,036	6,109	6,045	6,734	3,608	4,061	4,049	5,854
Net Debt	754	2,154	-999	-2,121	-2,431	1,055	545	464	1,596	3,079
Capital Expenditures (CapEx)	2,842	2,666	2,115	1,569	146	1,433	1,008	861	1,124	1,108
Debt-free, Cash-free Net Working Capital (DFCFNWC)	2,016	412	-168	55	-143	1,407	698	351	681	1,194
Debt-free Net Working Capital (DFNWC)	5,656	3,437	3,589	5,129	5,687	3,887	4,143	3,672	3,493	3,576
Net Working Capital (NWC)	4,732	1,514	3,589	5,042	5,136	3,887	3,490	3,668	2,927	3,567
Net Nonoperating Expense (NNE)	-236	1,277	511	-222	-614	-1,895	-3.20	44	932	-453
Net Nonoperating Obligations (NNO)	-1,678	2,154	-1,207	-2,121	-2,431	375	545	464	1,596	682
Total Depreciation and Amortization (D&A)	2,576	2,108	2,185	2,323	2,300	1,960	1,215	1,261	1,213	1,102
Debt-free, Cash-free Net Working Capital to Revenue	10.79%	3.49%	-1.41%	0.45%	-1.24%	14.45%	9.62%	4.76%	10.19%	19.62%
Debt-free Net Working Capital to Revenue	30.28%	29.10%	30.12%	41.97%	49.47%	39.91%	57.12%	49.76%	52.29%	58.77%
Net Working Capital to Revenue	25.33%	12.82%	30.12%	41.25%	44.67%	39.91%	48.12%	49.71%	43.82%	58.62%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.92	($2.97)	($0.54)	$1.46	$3.52	$3.82	$0.64	($0.18)	($1.18)	$0.43
Adjusted Weighted Average Basic Shares Outstanding	1.15B	841M	794M	799M	800.31M	807.58M	532.67M	533.47M	531.15M	529.16M
Adjusted Diluted Earnings per Share	$2.92	($2.97)	($0.54)	$1.46	$3.51	$3.81	$0.64	($0.18)	($1.18)	$0.43
Adjusted Weighted Average Diluted Shares Outstanding	1.15B	841M	795M	801M	800.31M	807.58M	532.67M	533.47M	531.15M	529.16M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	1.13B	1.15B	793.79M	792.50M	800.31M	807.58M	532.67M	533.47M	531.15M	529.16M
Normalized Net Operating Profit after Tax (NOPAT)	3,199	134	1,066	897	2,216	989	811	891	732	359
Normalized NOPAT Margin	17.13%	1.13%	8.95%	7.34%	19.27%	10.16%	11.19%	12.08%	10.95%	5.90%
Pre Tax Income Margin	24.50%	-17.19%	-0.43%	9.07%	27.34%	37.92%	10.18%	14.53%	-3.29%	4.85%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	5.04	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.04	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	-0.68	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	-5.68	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	38.63%	-63.44%	-524.93%	839.91%	36.94%	37.27%	121.32%	-330.28%	-24.92%	20.72%
Augmented Payout Ratio	75.48%	-63.44%	-524.93%	1,065.24%	55.61%	53.88%	147.11%	-330.28%	-24.92%	20.72%

This table displays calculated financial ratios and metrics derived from Newmont's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	24.53%	42.84%	84.72%	64.07%	50.17%	23.66%	-5.35%	-12.26%	-11.38%	-5.60%	-9.02%
EBITDA Growth	167.49%	221.20%	133.68%	108.50%	10.33%	-208.30%	-11.53%	-18.46%	-13.90%	-483.33%	52.04%
EBIT Growth	389.44%	171.07%	308.93%	226.36%	-13.74%	-127.14%	-20.23%	-24.95%	-12.46%	-201.59%	7,120.00%
NOPAT Growth	957.34%	165.61%	432.21%	407.03%	-48.60%	-96.30%	-18.17%	-66.32%	-42.01%	-128.59%	331.44%
Net Income Growth	962.57%	145.14%	466.87%	452.90%	-50.69%	-115.91%	-25.91%	-61.25%	-22.60%	-90.84%	190.54%
EPS Growth	1,020.00%	132.37%	300.00%	289.47%	-65.91%	-104.30%	-25.93%	-61.22%	-21.43%	-3,620.00%	0.00%
Operating Cash Flow Growth	161.73%	307.63%	64.31%	115.38%	61.33%	-39.01%	112.05%	-36.43%	-30.69%	-22.25%	-58.65%
Free Cash Flow Firm Growth	111.34%	128.12%	-630.63%	-784.81%	-713.48%	-3,737.96%	189.84%	-34.79%	-4.23%	-67.53%	-54.39%
Invested Capital Growth	2.18%	-9.34%	51.72%	49.83%	49.67%	71.12%	-7.42%	-5.43%	-5.96%	-7.16%	-1.83%
Revenue Q/Q Growth	-11.36%	22.74%	4.61%	9.42%	1.67%	58.72%	-7.08%	0.15%	-16.28%	21.49%	-13.87%
EBITDA Q/Q Growth	10.83%	59.68%	2.01%	48.17%	150.21%	-407.89%	-8.98%	-21.60%	240.32%	-188.36%	-16.11%
EBIT Q/Q Growth	18.77%	87.51%	0.53%	118.62%	117.25%	-1,178.93%	-19.77%	-42.22%	145.41%	-478.92%	-24.52%
NOPAT Q/Q Growth	28.68%	48.61%	2.44%	439.74%	107.99%	-1,305.49%	-2.41%	-45.28%	130.49%	-602.55%	-59.84%
Net Income Q/Q Growth	33.85%	53.79%	7.82%	378.77%	105.69%	-2,031.29%	5.16%	-57.30%	124.90%	-762.73%	-45.00%
EPS Q/Q Growth	36.59%	53.75%	8.11%	393.33%	103.95%	-2,000.00%	5.26%	-56.82%	123.66%	-788.89%	-44.90%
Operating Cash Flow Q/Q Growth	-19.12%	52.37%	15.41%	84.02%	25.97%	-38.58%	51.28%	37.84%	-52.38%	113.53%	-54.65%
Free Cash Flow Firm Q/Q Growth	-75.25%	147.34%	-3.25%	6.31%	36.72%	-993.29%	33.25%	-16.07%	264.16%	-28.83%	-70.02%
Invested Capital Q/Q Growth	1.46%	-0.88%	0.66%	0.95%	-8.69%	65.87%	-0.60%	0.84%	2.92%	-10.26%	1.54%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	57.96%	57.70%	49.84%	51.02%	47.65%	41.80%	45.01%	42.49%	44.68%	44.38%	41.34%
EBITDA Margin	62.73%	50.18%	38.57%	39.55%	29.21%	-59.14%	30.49%	31.12%	39.75%	-23.72%	32.61%
Operating Margin	44.89%	34.68%	24.50%	23.60%	9.94%	-70.99%	9.55%	13.64%	18.85%	-44.72%	11.20%
EBIT Margin	50.90%	37.99%	24.86%	25.87%	12.95%	-76.35%	11.23%	13.01%	22.55%	-41.56%	13.33%
Profit (Net Income) Margin	37.96%	25.14%	20.07%	19.47%	4.45%	-79.56%	6.54%	5.78%	13.55%	-45.56%	8.35%
Tax Burden Percent	76.97%	69.18%	87.25%	82.72%	41.82%	101.48%	70.26%	51.67%	67.35%	105.42%	74.32%
Interest Burden Percent	96.90%	95.67%	92.49%	90.96%	82.15%	102.68%	82.86%	85.96%	89.24%	103.99%	84.33%
Effective Tax Rate	26.18%	34.18%	23.04%	18.44%	60.75%	0.00%	31.47%	54.33%	39.52%	0.00%	32.43%
Return on Invested Capital (ROIC)	22.84%	14.26%	13.46%	12.05%	2.18%	-23.63%	3.68%	3.56%	6.78%	-19.60%	4.44%
ROIC Less NNEP Spread (ROIC-NNEP)	8.73%	69.25%	6.32%	10.75%	-0.67%	-273.19%	3.70%	4.86%	1.71%	7.83%	3.25%
Return on Net Nonoperating Assets (RNNOA)	-0.50%	0.56%	-0.20%	-0.32%	0.02%	-5.31%	-0.12%	-0.22%	-0.09%	-0.63%	-0.25%
Return on Equity (ROE)	22.34%	14.82%	13.26%	11.73%	2.20%	-28.94%	3.56%	3.34%	6.69%	-20.23%	4.19%
Cash Return on Invested Capital (CROIC)	14.16%	20.32%	-41.80%	-43.22%	-45.15%	-57.25%	6.56%	4.64%	5.82%	8.18%	2.92%
Operating Return on Assets (OROA)	18.06%	12.69%	8.96%	8.21%	3.64%	-19.19%	3.22%	3.74%	6.66%	-12.53%	4.08%
Return on Assets (ROA)	13.47%	8.40%	7.23%	6.17%	1.25%	-20.00%	1.87%	1.66%	4.01%	-13.74%	2.56%
Return on Common Equity (ROCE)	22.21%	14.73%	13.16%	11.64%	2.19%	-28.72%	3.53%	3.31%	6.63%	-20.22%	4.12%
Return on Equity Simple (ROE_SIMPLE)	16.33%	0.00%	-4.00%	-6.63%	-9.18%	0.00%	-4.07%	-3.75%	-2.45%	0.00%	1.53%
Net Operating Profit after Tax (NOPAT)	1,660	1,290	868	847	157	-1,966	163	167	305	-1,002	199
NOPAT Margin	33.14%	22.83%	18.85%	19.25%	3.90%	-49.69%	6.54%	6.23%	11.40%	-31.30%	7.57%
Net Nonoperating Expense Percent (NNEP)	14.10%	-54.99%	7.14%	1.31%	2.85%	249.57%	-0.02%	-1.29%	5.07%	-27.42%	1.19%
Return On Investment Capital (ROIC_SIMPLE)	4.22%	3.31%	-	-	-	-5.10%	-	-	-	-3.92%	-
Cost of Revenue to Revenue	42.04%	42.30%	50.16%	48.98%	52.35%	58.20%	54.99%	57.51%	55.32%	55.63%	58.66%
SG&A Expenses to Revenue	3.05%	2.34%	3.65%	3.61%	4.33%	13.01%	4.29%	4.17%	3.06%	3.59%	3.19%
R&D to Revenue	0.86%	0.85%	1.02%	1.11%	1.32%	1.72%	2.13%	1.64%	1.31%	1.88%	3.04%
Operating Expenses to Revenue	13.07%	23.02%	25.34%	27.42%	37.71%	112.79%	35.46%	28.85%	25.83%	89.09%	30.14%
Earnings before Interest and Taxes (EBIT)	2,550	2,147	1,145	1,139	521	-3,021	280	349	604	-1,330	351
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	3,143	2,836	1,776	1,741	1,175	-2,340	760	835	1,065	-759	859
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.74	1.42	2.06	1.64	1.42	1.11	1.50	1.70	1.92	1.82	1.47
Price to Tangible Book Value (P/TBV)	1.90	1.55	2.27	1.82	1.57	1.23	1.67	1.90	2.14	2.02	1.69
Price to Revenue (P/Rev)	2.77	2.27	3.61	3.25	3.12	2.72	2.58	2.93	3.22	2.95	2.58
Price to Earnings (P/E)	10.73	12.66	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	31.19
Dividend Yield	2.07%	2.69%	2.15%	3.10%	4.07%	5.32%	4.87%	4.61%	4.37%	4.97%	5.59%
Earnings Yield	9.32%	7.90%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.21%
Enterprise Value to Invested Capital (EV/IC)	1.83	1.52	2.21	1.77	1.56	1.10	1.50	1.71	1.95	1.87	1.49
Enterprise Value to Revenue (EV/Rev)	2.69	2.32	3.73	3.39	3.35	2.91	2.57	2.91	3.17	2.88	2.52
Enterprise Value to EBITDA (EV/EBITDA)	5.57	5.75	26.91	37.70	102.60	107.59	14.92	16.28	16.77	14.53	9.18
Enterprise Value to EBIT (EV/EBIT)	7.58	8.75	0.00	0.00	0.00	0.00	0.00	0.00	408.00	194.95	28.60
Enterprise Value to NOPAT (EV/NOPAT)	11.36	13.77	0.00	0.00	0.00	0.00	0.00	0.00	0.00	241.46	136.95
Enterprise Value to Operating Cash Flow (EV/OCF)	6.94	6.81	14.17	13.17	14.43	12.46	8.99	12.39	12.21	10.66	8.68
Enterprise Value to Free Cash Flow (EV/FCFF)	13.09	7.13	0.00	0.00	0.00	0.00	21.98	35.88	32.43	22.05	50.56
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.25	0.29	0.30	0.29	0.32	0.32	0.31	0.31	0.31	0.31	0.28
Long-Term Debt to Equity	0.25	0.26	0.30	0.29	0.32	0.25	0.31	0.31	0.31	0.31	0.28
Financial Leverage	-0.06	0.01	-0.03	-0.03	-0.03	0.02	-0.03	-0.05	-0.06	-0.08	-0.08
Leverage Ratio	1.83	1.89	1.92	1.92	1.93	1.93	1.90	1.90	1.90	1.91	1.77
Compound Leverage Factor	1.78	1.80	1.77	1.74	1.58	1.98	1.57	1.63	1.70	1.99	1.49
Debt to Total Capital	20.04%	22.75%	23.11%	22.72%	24.37%	24.20%	23.73%	23.65%	23.54%	23.61%	21.99%
Short-Term Debt to Total Capital	0.00%	2.37%	0.00%	0.00%	0.00%	4.99%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	20.04%	20.38%	23.11%	22.72%	24.37%	19.20%	23.73%	23.65%	23.54%	23.61%	21.99%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.47%	0.46%	0.47%	0.48%	0.48%	0.46%	0.74%	0.75%	0.71%	0.70%	0.66%
Common Equity to Total Capital	79.50%	76.79%	76.41%	76.80%	75.15%	75.34%	75.53%	75.60%	75.74%	75.69%	77.35%
Debt to EBITDA	0.83	1.18	3.82	6.51	21.79	29.13	3.15	3.01	2.75	2.56	1.82
Net Debt to EBITDA	-0.18	0.10	0.76	1.42	6.68	6.73	-0.19	-0.20	-0.32	-0.42	-0.29
Long-Term Debt to EBITDA	0.83	1.05	3.82	6.51	21.79	23.12	3.15	3.01	2.75	2.56	1.82
Debt to NOPAT	1.69	2.82	-53.05	-10.97	-7.42	-7.83	-26.59	-32.43	-94.55	42.48	27.13
Net Debt to NOPAT	-0.36	0.24	-10.50	-2.40	-2.27	-1.81	1.57	2.13	10.94	-7.03	-4.40
Long-Term Debt to NOPAT	1.69	2.52	-53.05	-10.97	-7.42	-6.22	-26.59	-32.43	-94.55	42.48	27.13
Altman Z-Score	1.98	1.49	1.85	1.52	1.27	0.72	1.35	1.51	1.69	1.45	1.62
Noncontrolling Interest Sharing Ratio	0.61%	0.61%	0.75%	0.76%	0.75%	0.73%	0.90%	0.90%	0.88%	0.04%	1.69%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.98	1.63	1.96	2.11	2.15	1.25	2.12	2.28	2.38	2.23	2.72
Quick Ratio	1.03	0.62	0.63	0.63	0.57	0.63	1.17	1.27	1.40	1.52	1.77
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	1,044	4,218	-8,910	-8,630	-9,211	-14,999	1,679	1,260	1,501	412	579
Operating Cash Flow to CapEx	0.00%	286.97%	187.91%	178.50%	91.29%	66.96%	166.06%	107.63%	91.44%	156.35%	89.41%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	10.53
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	8.60
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-1.02
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.35	0.33	0.36	0.32	0.28	0.25	0.29	0.29	0.30	0.30	0.31
Accounts Receivable Turnover	23.57	20.87	32.29	26.10	23.29	16.59	60.25	40.79	30.41	23.20	38.86
Inventory Turnover	4.06	3.71	4.30	3.86	3.57	3.05	3.38	3.49	3.50	3.65	3.43
Fixed Asset Turnover	0.59	0.00	0.58	0.51	0.46	0.00	0.45	0.46	0.48	0.00	0.51
Accounts Payable Turnover	12.20	9.94	12.47	12.72	10.88	8.41	10.12	11.06	11.44	11.24	11.66
Days Sales Outstanding (DSO)	15.49	17.49	11.30	13.99	15.68	22.00	6.06	8.95	12.00	15.73	9.39
Days Inventory Outstanding (DIO)	89.90	98.26	84.95	94.68	102.23	119.73	107.86	104.70	104.43	99.88	106.46
Days Payable Outstanding (DPO)	29.91	36.71	29.26	28.70	33.54	43.40	36.08	32.99	31.91	32.48	31.30
Cash Conversion Cycle (CCC)	75.47	79.04	66.99	79.96	84.36	98.34	77.84	80.66	84.53	83.14	84.56
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	28,846	28,431	28,684	28,497	28,230	31,359	18,906	19,020	18,862	18,326	20,422
Invested Capital Turnover	0.69	0.62	0.71	0.63	0.56	0.48	0.56	0.57	0.59	0.63	0.59
Increase / (Decrease) in Invested Capital	616	-2,928	9,778	9,477	9,368	13,033	-1,516	-1,093	-1,196	-1,414	-380
Enterprise Value (EV)	52,893	43,308	63,292	50,365	44,118	34,428	28,369	32,561	36,720	34,311	30,454
Market Capitalization	54,405	42,373	61,330	48,282	41,061	32,096	28,537	32,766	37,235	35,131	31,251
Book Value per Share	$27.73	$26.29	$25.89	$25.48	$25.07	$36.52	$24.00	$24.19	$24.41	$24.38	$26.72
Tangible Book Value per Share	$25.37	$23.95	$23.52	$23.06	$22.64	$32.75	$21.52	$21.71	$21.93	$21.90	$23.23
Total Capital	39,308	38,974	38,883	38,255	38,444	38,527	25,253	25,430	25,582	25,569	27,433
Total Debt	7,877	8,865	8,987	8,692	9,369	9,322	5,993	6,015	6,023	6,036	6,033
Total Long-Term Debt	7,877	7,941	8,987	8,692	9,369	7,399	5,993	6,015	6,023	6,036	6,033
Net Debt	-1,695	754	1,778	1,899	2,872	2,154	-354	-395	-697	-999	-978
Capital Expenditures (CapEx)	-858	875	877	800	850	920	604	616	526	646	529
Debt-free, Cash-free Net Working Capital (DFCFNWC)	598	2,016	3,110	3,686	3,965	412	-67	203	303	-168	183
Debt-free Net Working Capital (DFNWC)	5,314	5,656	6,169	6,338	6,324	3,437	3,147	3,441	3,807	3,589	3,996
Net Working Capital (NWC)	5,314	4,732	6,169	6,338	6,324	1,514	3,147	3,441	3,807	3,589	3,996
Net Nonoperating Expense (NNE)	-242	-131	-56	-9.55	-22	1,182	0.11	12	-58	456	-21
Net Nonoperating Obligations (NNO)	-2,585	-1,678	-1,212	-1,066	-845	2,154	-354	-395	-697	-1,207	-978
Total Depreciation and Amortization (D&A)	593	689	631	602	654	681	480	486	461	571	508
Debt-free, Cash-free Net Working Capital to Revenue	3.04%	10.79%	18.31%	24.78%	30.14%	3.49%	-0.61%	1.81%	2.62%	-1.41%	1.51%
Debt-free Net Working Capital to Revenue	27.02%	30.28%	36.32%	42.61%	48.07%	29.10%	28.47%	30.73%	32.90%	30.12%	33.01%
Net Working Capital to Revenue	27.02%	25.33%	36.32%	42.61%	48.07%	12.82%	28.47%	30.73%	32.90%	30.12%	33.01%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.68	$1.23	$0.80	$0.74	$0.15	($3.80)	$0.20	$0.19	$0.44	($1.86)	$0.27
Adjusted Weighted Average Basic Shares Outstanding	1.13B	1.15B	1.15B	1.15B	1.15B	841M	795M	795M	794M	794M	794M
Adjusted Diluted Earnings per Share	$1.68	$1.23	$0.80	$0.74	$0.15	($3.80)	$0.20	$0.19	$0.44	($1.86)	$0.27
Adjusted Weighted Average Diluted Shares Outstanding	1.13B	1.15B	1.15B	1.16B	1.15B	841M	796M	795M	795M	795M	795M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	1.11B	1.13B	1.14B	1.15B	1.15B	1.15B	794.80M	794.73M	794.71M	793.79M	793.74M
Normalized Net Operating Profit after Tax (NOPAT)	1,456	1,290	868	847	280	-1,966	163	256	305	-1,002	199
Normalized NOPAT Margin	29.07%	22.83%	18.85%	19.25%	6.96%	-49.69%	6.54%	9.55%	11.40%	-31.30%	7.57%
Pre Tax Income Margin	49.32%	36.34%	23.00%	23.53%	10.64%	-78.39%	9.31%	11.18%	20.12%	-43.22%	11.24%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	6.38
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.62
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-3.24
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-5.99
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	25.53%	38.63%	-124.58%	-77.83%	-58.17%	-63.44%	-199.23%	-230.97%	-377.68%	-524.93%	594.15%
Augmented Payout Ratio	56.76%	75.48%	-162.29%	-83.17%	-58.17%	-63.44%	-199.23%	-230.97%	-377.68%	-524.93%	594.15%

Frequently Asked Questions About Newmont's Financials

When does Newmont's fiscal year end?

According to the most recent income statement we have on file, Newmont's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Newmont's net income changed over the last 9 years?

Newmont's net income appears to be on an upward trend, with a most recent value of $3.38 billion in 2024, rising from $304 million in 2015. The previous period was -$2.47 billion in 2023. Find out what analysts predict for Newmont in the coming months.

What is Newmont's operating income?

Newmont's total operating income in 2024 was $4.53 billion, based on the following breakdown:

Total Gross Profit: $9.72 billion
Total Operating Expenses: $5.19 billion

How has Newmont revenue changed over the last 9 years?

Over the last 9 years, Newmont's total revenue changed from $6.09 billion in 2015 to $18.68 billion in 2024, a change of 207.0%.

How much debt does Newmont have?

Newmont's total liabilities were at $26.24 billion at the end of 2024, a 0.2% decrease from 2023, and a 142.1% increase since 2015.

How much cash does Newmont have?

In the past 9 years, Newmont's cash and equivalents has ranged from $2.24 billion in 2019 to $5.54 billion in 2020, and is currently $3.62 billion as of their latest financial filing in 2024.

How has Newmont's book value per share changed over the last 9 years?

Over the last 9 years, Newmont's book value per share changed from 21.45 in 2015 to 26.29 in 2024, a change of 22.6%.

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This page (NYSE:NEM) was last updated on 6/1/2025 by MarketBeat.com Staff

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