Newmont Corporation

NEM Basic Materials Gold

Newmont Corporation’s revenue for fiscal 2025 (year ended December 2025) was $22.7 billion, up 21.3% from fiscal 2024.

Revenue
+15.2%
EPS
+41.3%
Free cash flow
+13.4%
Total debt
−1.54%

Quarter to September 2026, against a year earlier

120.28 2.17 +1.84%
Market cap
$124.4B
P/E
13.9×
Fwd P/E
11.4×
Dividend yield
0.86%
F-score
9/9
Altman Z
4.14
Beneish M
−2.57
Dividend safety
70/100

Newmont Corporation (NEM) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Newmont Corporation (NEM) trades at a price to free cash flow of 12.4×. Over the past ten years it has ranged from 4.5× (October 2015) to 205× (May 2024); the current reading is higher than 30% of that period. That is below the Gold industry median of 15.5× and below the Basic Materials sector median of 17.7×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 10.9× (9.42%)
FY2024 12.1× (91.59%)
FY2023 143× 363.00%
FY2022 31.0× 74.63%
FY2021 17.7× 74.44%
FY2020 10.2× (54.38%)
FY2019 22.3× (1.17%)
FY2018 22.6× 41.69%
FY2017 15.9× 58.42%
FY2016 10.0× 12.22%

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 11.9× 18.94%
Jun 2026 10.0× (11.17%)
Mar 2026 11.2× 2.83%
Dec 2025 10.9× 7.96%
43 more quarters

Against its own ten years

Low 4.5× High 205×
Ten-year median 15.8×
Current reading's percentile 30

Price to free cash flow against peers

Company Price to free cash flow
WPM Wheaton Precious Metals Corp. compare n/m
GFI Gold Fields Limited compare 6.6×
AU AngloGold Ashanti PLC compare 10.5×
CDE Coeur Mining, Inc. compare 11.5×
NEM Newmont Corporation 12.4×
RGLD Royal Gold, Inc. compare 15.0×
HMY Harmony Gold Mining Company Limited compare 20.8×
EQX Equinox Gold Corp. compare 34.2×
FNV Franco-Nevada Corporation compare 48.4×
Gold industry median 15.5×
Basic Materials sector median 17.7×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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