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) Return on invested capital

Alert me on Return on invested capital

Newmont Corporation's return on invested capital over the twelve months to 30 September 2026 was 26.6%, up 4.6 percentage points from fiscal 2025 (21.9%). Over the past ten years it has ranged from −2.99% (fiscal 2023) to 21.9% (fiscal 2025) — the current reading is the highest in ten years. That is above the Gold industry median of 0.26% and above the Basic Materials sector median of 0.96%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 21.9% 13.90
FY2024 8.01% 11.00
FY2023 −2.99% (3.57)
FY2022 0.58% (2.85)
FY2021 3.43% (3.70)
FY2020 7.13% 4.15
FY2019 2.98% (1.05)
FY2018 4.03% (2.39)
FY2017 6.42% 6.49
FY2016 −0.07% (1.68)

Against its own ten years

Low −2.99% High 21.9%
Ten-year median 3.43%
Current reading's percentile 100

Return on invested capital against peers

Company Return on invested capital
AU AngloGold Ashanti PLC compare 37.8%
NEM Newmont Corporation 26.6%
FNV Franco-Nevada Corporation compare 15.7%
WPM Wheaton Precious Metals Corp. compare 12.5%
EQX Equinox Gold Corp. compare 10.1%
RGLD Royal Gold, Inc. compare 8.82%
CDE Coeur Mining, Inc. compare 7.22%
GFI Gold Fields Limited compare 0.00%
HMY Harmony Gold Mining Company Limited compare 0.00%
Gold industry median 0.26%
Basic Materials sector median 0.96%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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