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. In the quarter to June 2026, revenue grew 15.1%, EPS grew 11.3%, free cash flow fell 18.0% and total debt fell 27.1%, each against the same quarter a year earlier. Member of the S&P 500.

118.51 2.72 +2.35%
Market cap
$122.0B
P/E
14.9×
Fwd P/E
9.4×
Dividend yield
0.87%
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 16 October 2026, Newmont Corporation (NEM) trades at a price to free cash flow of 12.7×. Over the past ten years it has ranged from 4.5× (October 2015) to 205× (May 2024); the current reading is higher than 33% of that period. That is below the Gold industry median of 18.0× and below the Basic Materials sector median of 18.4×.

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× (90.22%)
FY2023 123× 298.14%
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
Jun 2026 10.0× (11.17%)
Mar 2026 11.2× 2.83%
Dec 2025 10.9× 7.96%
Sep 2025 10.1× 31.06%
42 more quarters

Against its own ten years

Low 4.5× High 205×
Ten-year median 15.8×
Current reading's percentile 33

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 6.5×
AU AngloGold Ashanti PLC compare 10.9×
NEM Newmont Corporation 12.7×
CDE Coeur Mining, Inc. compare 13.7×
RGLD Royal Gold, Inc. compare 15.4×
HMY Harmony Gold Mining Company Limited compare 21.0×
EQX Equinox Gold Corp. compare 33.6×
FNV Franco-Nevada Corporation compare 46.6×
Gold industry median 18.0×
Basic Materials sector median 18.4×
Market median 14.2×

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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